All MetaTrader 5 Reviews

1-25 of 44 Reviews

Sort by

Reviews are by default sorted by Recommended to software buyers, driven by our proprietary algorithm reflecting the depth and quality of the review, recency of experience, and other factors. As a neutral reviews platform, the star rating of the review is not considered in the "Recommended" ranking, and there is currently no voting mechanism that would allow site visitors to influence the ranking.
User Profile

Themba

Verified reviewer

Education Management, 51-200 employees

Used daily for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

FUNCTIONALITY

5

Reviewed March 2024

MetaTrader 5 trading platform

I learned lot of things with metaTrader like indicators,trading strategies & how to prevent major losses.

PROS

Guys i like this app so much its beta than 4 especially with the new features brought this year.

CONS

I'm worried about latest update everytime you open trade its jamming previous update before the latest was moreway better than new one.

Rivoningo Shaun

Architecture & Planning, 11-50 employees

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed July 2022

The best trading platform

I do personal forex trading and I am also teaching others to trade forex, they too appreciate the app.

PROS

It is easy to access trading account on this platform and payour is faster. Deposited funds appear on the platform immediately.

CONS

I have never come across difficulties when using the app, it is quite reliable.

Reason for choosing MetaTrader 5

MetaTrader5 is essy to use and requires little data to operate. It operates 24/7 so this is why I chose the app.

Reasons for switching to MetaTrader 5

Derive is slow, complicated and it requires a lot of data to operate.

Kranthi

Accounting, 1 employee

Used daily for less than 6 months

Review Source
This review was submitted organically. No incentive was offered

OVERALL RATING:

1

EASE OF USE

2

VALUE FOR MONEY

1

CUSTOMER SUPPORT

1

FUNCTIONALITY

1

Reviewed January 2023

Works Platform to trade...No guaranty for Our FUNDS to withdraw

For the withdraw time they are asking us to pay unnecessary charges. Even that conditions they will not mention before.Huge loss for who trading with this platform.No guaranty for our funds and no support to withdrawal our amount from account.So many restrcions and so many condtion now i cannot able to withdraw my money.Huge loss now i am in trouble i paid all the taxes like Country ta ,Tether USA AND asking for Fin CEN......this all comes when your trying to withdraw amount from your account they will charge all this things........Its very bad and worest no one will help you from MT5.I Can say worst platform and Worst and bad experience with this app and enquiry support.Still i am trying for my money back..............I can say worst service

PROS

For the withdraw time they are aking us to pay unnecessary charges. Even that conditions they will not mention before.Huge loss for who trading with this platform

CONS

For the withdraw time they are aking us to pay unnecessary charges. Even that conditions they will not mention before.Huge loss for who trading with this platform

User Profile

Jorge Guardiola

Verified reviewer

Marketing and Advertising, 1 employee

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

3

VALUE FOR MONEY

5

CUSTOMER SUPPORT

3

FUNCTIONALITY

3

Reviewed October 2021

Among the most known free graphical analysis platforms allowing algorithm trading

Considering the low cost of the platform (free of charge) and the possibility of using robots (algorithm trading) of your own design, rented or purchased, it is a good alternative. Given the fact that Meta Trader 4 and 5 are possibly the most used trading platform worldwide, the number of users and contributors is immense. The MQL5 forum shows a great number of indicators and robot developers who may be happy to sell or rent their products.

PROS

Meta Trader 5 and its brother application Meta Trader 4 are possibly the most used platforms worldwide both for manual trading and using robots (algorithm trading). The software was originally developed based on Linux and is usually distributed free of charge by most trading agents and hedge funds, becoming like the entry-level application for manny daytraders.

CONS

Being a software usually available free of cost, the support is based on forums and users associations from a great number of countries. Basically, if help is needed it will require many times, extensive searching and reading before a solution is found. When using VPN to achieve better response time and less sleepage of orders, performance is good. Without using VPN, performance may be critical unless the trading agent provides a direct and upgraded communications channel with Meta Trader 5 servers. You may experience platform stops of several seconds sometimes.

Ontiretse

Verified reviewer

Apparel & Fashion, 1 employee

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed September 2023

Meta Trader 5 Review 2023-Softidity

My overall experience with Meta Trader 5 is a positive one. it is an software that i recommend to other financial traders as it offers real time access to the markets. there are no delays and data is displayed at real time.Meta Trader 5 also allows its users to connect to many of the available brokers. you can sign up to a broker of your choice and still be able to connect the app.

PROS

the main features that i love about Meta Trader 5 is the feature that allows you to open graphs from different currency pairs and be able to observe them all at the same time. Market watch becomes very easy for someone who need to observe different financial commodities at the same time.

CONS

Difficulty for new users to understand the platform, for users that have not used the previous versions of the platform before, it becomes difficult to locate some of the tools that are critical to trading.

Reasons for switching to MetaTrader 5

Feature have been more refined in meta trader 5 and there are a lot more tools as compare to Meta Trader 4

Anonymous

2-10 employees

Used weekly for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed May 2023

MetaTrader 5 is the Best Trading Platform

The hustle and bustle to run around to buy and sell or working hard to earn extra income is overcome by MetaTrader 5 by ensuring you to make money from anywhere anytime. Forex trading is indeed a rewarding market to which MetaTrader 5 becomes the interface between the trader and the various forex markets.

PROS

Instant Execution and Swaping are impressive and it is very easy to use in any computers like android phones, apple phones, laptops, desktops and tablets. I am a trader so the most reliable software or trading platform I have found in my daily and weekly trading is MetaTrader 5. It helps me a lot in my trading business.

CONS

The only feature that needs to be consistent with all the computers is the adjustment for take profit and stop loss executions. In a desktop the stop loss and take profit targets can be manually adjusted but the same is not found in the androids and tablets. Hence, when you are not trading using the desktop, and maybe when you are mobile, it is little bit difficult to manually adjust the take profit and stop loss targets. Hence, the tendency to making a loss is there.

User Profile

Stephan

Verified reviewer

Computer & Network Security, 2-10 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

3

FUNCTIONALITY

5

Reviewed May 2023

MetaTrader5 why i love trading on it

I love it, and the fact that its free makes it that much more appealing

PROS

Easy to use and install program to access my Broker's network and make informed Forex and Synthetic Indices trades.It also easily runs my Robots or Expert Advisors which are programs to automatically open and close trades for you based on a set of parameters

CONS

No down sides discovered yet, but i would have liked longer trade history. Longer than 6 monthd

User Profile

Daniel

Verified reviewer

Health, Wellness and Fitness, 501-1,000 employees

Used daily for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

5

Reviewed January 2022

Great and simple platform for trading derivatives.

MetraTrader 5 makes trading so simple and easy to do provided you already have the knowledge to trade the money and capital markets. I enjoy trading on MetraTrader 5 so much as it makes my trading of CFDs so easy unlike other complex trading platforms.

PROS

MetraTrader 5 has a very simple and easy to understand user interface. As a result it makes trading on the platform very easy. I personally trade forex and other Contract For Difference (CFD) derivatives such as NAS100, US30, S&P 500 and synthetic indices on the platform.

CONS

Since MetraTrader 5 isn't an institutional trading platform it lacks certain security features that institutional platforms provide. As a result a lot of scammers tend to take screenshots of fake demo profits to lure unsuspecting people into investing with them and they end up losing their money to these scammers.

User Profile

Bame

Verified reviewer

Hospital & Health Care, 51-200 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

5

Reviewed February 2023

Most Important Tool for Day Trading

Im able to perform technical analysis and place anything from market execution to pending orders. This is the only app that makes me a ton of money on my phone. Its never been easier to participate in the financial markets than now thanks to the Metatrader 5 app.

PROS

It allows me load multiple broker accounts and trade them simultaneously, its convenient as its available on PC and Android.

CONS

I can no longer use it on my Iphone since its no longer available.

Mamoloko

Arts and Crafts, 51-200 employees

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

FUNCTIONALITY

5

Reviewed November 2023

Customer satisfaction

PROS

Metatrader 5 is owesome compared to other trading platforms Wich enables one to trade different assets with ease

CONS

Glitches although sometimes you might experience some glitches Wich might cause delays

Rennee

Design, 1 employee

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed November 2021

Trading stocks made easier

The platform is eligible for usage worldwide, giving investing opportunities to anyone. The platform operates on a couple of devices like Windows, iOS and Android. This variety helps potential investors start small and grow their way up. They offer indicators and robots, which serve to make trading easier. This platform is open to big institutions as well as individuals.

PROS

Withdrawal of profits is the easiest and convenient process. In South Africa our global bank is FNB and after a successful trade the funds are loaded directly to your account, saving you the hassle of transfering to a medium international account then to FNB. Traders benefit from the growing and falling exchange rates against each other. MetaTrader 5 is legit and offers brokers who help you with spreads. Also a little bit of training is provided for new users as guidance.

CONS

The platform already has a lot of users, and support or assistance enquiry may take forever. I do consider calling my broker but the network in different countries may get in the way. But that is the best option so far.

Reasons for switching to MetaTrader 5

MetaTrader 4 is limited compared to MetaTrader 5.

Felipe

Education Management, 501-1,000 employees

Used weekly for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

4

FUNCTIONALITY

4

Reviewed April 2023

Great and professional trading platform

Overall, I would recommend Metatrader 5 to experienced traders who are looking for a powerful and customizable platform. However, beginners may want to consider other options that are more user-friendly.

PROS

I have been using Metatrader 5 for both stock and currency trading, and overall, it has been a positive experience. The platform offers a wide range of features and tools, and there are many free and paid add-ons available to customize it to your needs. I particularly like the ability to use automated trading strategies and to access historical data for backtesting. The platform is also available on multiple devices, including desktop and mobile, which is convenient for trading on the go.

CONS

One issue I have encountered is that sometimes I am not confident that the data being displayed is up to date, which can affect the accuracy of my trades. Additionally, while there are many third-party add-ons available, I am concerned about the security of these applications and whether Metatrader ensures their safety. Finally, the platform can be somewhat difficult to use, particularly for beginners, and it may take some time to get used to its interface and features.

User Profile

Christopher

Verified reviewer

Retail, 2-10 employees

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed November 2022

One of the best trading app ever.

I have had the best experience on this software. the only thing that is still a problem is those missing indicators. but overall, it is a very good app.

PROS

The best feature about this software is that I can open multiple charts of different pairs all at once and i can monitor different charts if i dont have multiple screens. Apart from that is the strategy tester that was made available so that people can practice within the app on real markets. They also have a "signals" option where one can choose from thousands of professional traders and copy their trades in a fully automated way. This really helped me as a beginner and made money while still learning...

CONS

There are a lot of missing tools and indicators that some other platforms use. for example, they dont have fibonacci extention.

Saurabh

Real Estate, 2-10 employees

Used daily for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed July 2022

Best trading platform i have used

Overall my experience is good because i have used a lot of trading platforms but when i found meta trader 5 . I was sticked with it till now and i hope they will add new features and i will never change my trading platform.i am used to its graphics and tools and very much satisfied to it's features excellent

PROS

A lot of options to trade like currencies crypto commodity based ob our broker and log in very easy with having almost every broker and great graphics..and a lot of indicators that helps a trader .

CONS

Some times it freezes I don't know why but while i want to buy or sell any pair sometimes it freezes for some seconds which leads us to buy and sell at different price we want

Reasons for switching to MetaTrader 5

Other trading platforms were so much lagging and gave less number of tools indicators so i was searching for better option and found meta trader5

Pontsho

Marketing and Advertising, 1 employee

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed February 2023

Review on MetaTrader 5 by @pontsho_tvc

My experience with matter has been amazing and it is simply bcos it is the best platform. I mean which broker is not on MetaTrader? Lol Follow me @pontsho_tvc

PROS

Everything as in easy login, various servers to choose from in according to your broker or brokerage. Dashboards easy to maneuver and pretty much trading is MetaTrader and 5 is the best version of it really.

CONS

Nothing I would say I don't like or didn't like about the platform. I rather recommend it to everyone who wishes to trade, learning or anybody for that matter.

Anonymous

1,001-5,000 employees

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

4

FUNCTIONALITY

5

Reviewed December 2022

Best For Trading

It is an amazing software, easy to use!

PROS

I have used the metatrader5 for quite some time now, and it is a very user friendly software. The fact that I am able to view my trading history on the charts is so amazing. Opening pending orders, modifying TP and SL by simply dragging and dropping. How amazing!

CONS

The one thing I did not like much about the MT5, especially on the mobile phone is that I am unable to modify my TP and SL easily when I am holding the mobile phone on the landscape position!

Nsubuga

Marketing and Advertising, 501-1,000 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

3

VALUE FOR MONEY

4

CUSTOMER SUPPORT

2

FUNCTIONALITY

4

Reviewed March 2023

Meta trader 5

Financial and asset analysis before making financial decisions.

PROS

The charts display and the different icons directing one to the usage sections

CONS

The community section is lagging and this limits so many since a new user can not easily identify it and how to use it.

Roger

Internet, 2-10 employees

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed September 2022

Trading facil

En general he aprendido a como usarlo, adonde esta cada cosa. La ayuda es un poco complicada y he tenido que buscar en foros una mejor explicacion-.

PROS

Que se pueden programar EA's para expandir las funcionalidades y automatizacion.

CONS

el UI esta un poco atrasado ya que la aplicacion de escritorio para de windows 95. Visualmente no es atractivo para el usuario podrian mejorarlo.

Reason for choosing MetaTrader 5

no podia implementar EAS

Reasons for switching to MetaTrader 5

me gusto mas las funcionalidades de MT5

Reotshepile

Broadcast Media, 1 employee

Used daily for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

3

VALUE FOR MONEY

4

CUSTOMER SUPPORT

4

FUNCTIONALITY

3

Reviewed March 2022

MT5 review

The overall experience of the software is acceptable, there is no bugs or delays on price delivery and data. The only problem I have is unavailable data prior to 2012 and easy access feature of swiping left on a quote to access the chart.

PROS

MT5 has an even more extended range of tradeable quotes such as crypto-currencies added giving me more options on tradeable quotes.

CONS

The software is quite complex compared to the previous version MT4. Some of the easily accessible features like swiping left on a quote to view the chart is not available on MT5. Charts on my mobile device can't load data prior 2012 and my analysis on charts would sometimes disappear when I re-open on the chart until I had to set it manually on settings.

Reasons for switching to MetaTrader 5

For a wider range of quotes to trade.

arnaud

Verified reviewer

Design, 1 employee

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed January 2023

Crypto monnaie en sécurité

Je trouve ça cool

PROS

Il est facile d'accéder au compteFaire du trading sur cette plateforme et le paiement est plus rapide. Les fonds déposés apparaissent immédiatement sur la plateforme.Et la sécurité de nos crypto est assurée

CONS

Je n'ai jamais rencontré de difficultés lors de l'utilisation de l'application

Oluwatobiloba Abiodun

Capital Markets, 1 employee

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

5

Reviewed September 2022

"My MT5 Review"

Solving all forex related issues when it comes to trading,analyzing and communication with metaquotes (mql5) community.

PROS

It provides simple to use interface for both newbies and pros in trading and to cap it all the real time data is excellent with no lagging.

CONS

Provides me with real time data, no lagging.

Audrey

Marketing and Advertising, 1 employee

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

FUNCTIONALITY

4

Reviewed April 2022

Hyper pratique pour trader débutant et même plus

ça a toujours été un peu chiant pour moi de prendre des positions, entrer le TP, le SL chiffre par chiffres. SUr MT5 plus besoin de faire tout ça, simplement déplacer le curseur là où on souhaite mettre nos ordres. Super pratique pour accéder à son compte dériv directement

PROS

La facilité d'utilisation. C'est ça la différence avec MT4. Ici on peut facilement placer des ordres COMME ON VEUT, c'est trop cool. Et l'option dépôt, retrait c'est une tuerie.

CONS

Absolument rien pour le moment. Tout est super.

User Profile

Hlalanathi Enoch

Verified reviewer

Accounting, 1 employee

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed November 2021

MetaTrader 5 Review

Overall it's great platform just as good as MetaTrader 4. 8/10.

PROS

One of the growing trading platforms, big improvement from metatrader 4 platform. Easy account opening, low trading fees, web compartibility

CONS

no stock trading as opposed to MetaTrader 4. Few financial companies offer MetaTrader 5.

Elvis

Banking, 1 employee

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

4

CUSTOMER SUPPORT

3

FUNCTIONALITY

5

Reviewed October 2023

Great software

Best trading platform one can ever use.

PROS

Timely updates to the software, tools are easily accessible. The app is not complicated at all.

CONS

Updates tend to come slower to Android user than to ios users

User Profile

Edesiri

Verified reviewer

Professional Training & Coaching, 1,001-5,000 employees

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

4

EASE OF USE

5

FUNCTIONALITY

4

Reviewed April 2022

Reliable trading platform

I've used it to trade successfully for the past 1year.

PROS

It easily connects once there is network coverage. Secondly, it's quite easy to navigate around the software. It also easily communicates with other broker sites. Once there's a withdrawal from it or deposit to it, it reflects immediately.

CONS

I haven't discovered anything con about it yet.

Showing 1 - 25 of 44 Reviews