MetaTrader 5

RATING:

4.5

(43)

About MetaTrader 5

MetaTrader 5 is a web-based trading platform designed to help Forex and stock traders automate trading using trading robots, signals and fundamental analysis. Key features include web trading, algorithmic trading, mobile trading and professional technical analysis. Teams using MetaTrader 5 can predict future market movements through thorough price analysis and forecasting. The application enables users to monitor all required financial instruments, examine short-term price fluctuations and long-term trends. Through the platform, individuals can read news reports from international news agencies, analyze various economic indicators and forecast their effect on stock prices and currency. Additionally, it allows traders to place pending orders and perform comprehensive ma...

MetaTrader 5 Pricing

Starting price: 

$2,000.00 per month

Free trial: 

Not Available

Free version: 

Not Available

All markets in one place
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MetaTrader 5 Reviews

Overall Rating

4.5

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

4

Value for money

4.5

Functionality

4.5

Most Helpful Reviews for MetaTrader 5

1 - 5 of 44 Reviews

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