# MetaTrader 5 Software Reviews, Demo & Pricing - 2026

> Review of MetaTrader 5 Software: system overview, features, price and cost information. Get free demos and compare to similar programs.

Source: https://www.softwareadvice.com/hedge-fund/metatrader-5-profile

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MetaTrader 5

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Overview

[Reviews](https://www.softwareadvice.com/hedge-fund/metatrader-5-profile/reviews/)[Alternatives](https://www.softwareadvice.com/hedge-fund/metatrader-5-profile/alternatives/)

# MetaTrader 5 2026: Benefits, Features & Pricing

Wondering if MetaTrader 5 is right for your organization?

Our Financial Services Software selection experts can help you in 15 minutes or less.

On this page

-   Overview
    
-   User Interface
    
-   Popular Alternatives
    
-   Pricing and Plans
    
-   Features
    
-   User Reviews
    
-   Popular Comparisons
    

## Overview

MetaTrader 5

4.4

[(48)](https://www.softwareadvice.com/hedge-fund/metatrader-5-profile/reviews/)

Pricing

Starting at $2,000.00 per month

### 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 market analysis on the basis of various graphical objects and technical indicators.

MetaTrader 5 also lets users set protective Take Profit and Stop Loss levels, send pending orders and perform trading operations using iPads, iPhones, or Android-powered devices. Support is extended via documentation and an online inquiry form.

Wondering if MetaTrader 5 is right for your organization?

Our Financial Services Software selection experts can help you in 15 minutes or less.

## MetaTrader 5 User Interface

## Popular MetaTrader 5 Alternatives

Main Product

MetaTrader 5

4.4

[(48)](https://www.softwareadvice.com/hedge-fund/metatrader-5-profile/reviews/)

Ratings Breakdown

-   4.40Ease of use
-   4.29Value for money
-   4.0Customer support
-   4.40Functionality

Pricing

Starting at $2000.00 per month

Get Price

Alternative Product

[PayPal](https://www.softwareadvice.com/retail/paypal-profile/)

4.6

[(26470)](https://www.softwareadvice.com/retail/paypal-profile/reviews/)

Ratings Breakdown

-   4.64Ease of use
-   4.52Value for money
-   4.25Customer support
-   4.56Functionality

Pricing

Available upon request

Get Price

Alternative Product

[Google Pay](https://www.softwareadvice.com/retail/google-pay-profile/)

4.6

[(918)](https://www.softwareadvice.com/retail/google-pay-profile/reviews/)

Ratings Breakdown

-   4.61Ease of use
-   4.59Value for money
-   4.17Customer support
-   4.50Functionality

Pricing

Available upon request

Get Price

Alternative Product

[Dynamo Software](https://www.softwareadvice.com/product/131884-Dynamo/)

4.6

[(34)](https://www.softwareadvice.com/product/131884-Dynamo/reviews/)

Ratings Breakdown

-   4.38Ease of use
-   4.63Value for money
-   4.72Customer support
-   4.53Functionality

Pricing

Starting at $1.00 per year

Get Price

Alternative Product

[Unity](https://www.softwareadvice.com/product/395666-Unity/)

5.0

[(3)](https://www.softwareadvice.com/product/395666-Unity/#reviews)

Ratings Breakdown

-   5.0Ease of use
-   5.0Value for money
-   5.0Customer support
-   5.0Functionality

Pricing

Starting at $3500.00 per month

Get Price

Alternative Product

[IR.Manager](https://www.softwareadvice.com/hedge-fund/ir-manager-profile/)

No reviews yet

Ratings Breakdown

-   Ease of use
-   Value for money
-   Customer support
-   Functionality

Pricing

Available upon request

Get Price

## MetaTrader 5 Pricing and Plans

Starting price: $2,000.00 per month

Free Trial

Free Version

Basic

$2,000.00

per month

No plan information available

Confused about pricing? We've got you covered.

Get a personalized pricing breakdown tailored to your specific needs—no guesswork, no generic estimates.

## MetaTrader 5 Features

-   Popular features found in Financial Services
    
    Billing & Invoicing
    
    Financial Management
    
    For Financial Institutions
    
    Reporting/Analytics
    
    Risk Management
    
    Transaction Monitoring
    
-   More features of MetaTrader 5
    
    Activity Dashboard
    
    Alerts/Notifications
    
    Branch Optimization
    
    Customizable Reports
    
    Data Import/Export
    
    Data Visualization
    
    Financial Analysis
    
    Forecasting
    
    For Hedge Funds
    
    Investor Management
    
    Investor Reporting
    
    Monitoring
    
    Performance Management
    
    Performance Metrics
    
    Real-Time Data
    
    Real-Time Reporting
    
    Secure Data Storage
    
    Third-Party Integrations
    
    Transaction History
    

## MetaTrader 5 User Reviews

Overall Rating

4.4

Ratings Breakdown

5

58%

4

35%

3

2%

2

0%

1

4%

Secondary Ratings

Ease of Use

4.4

Value for money

4.3

Customer support

4.0

Functionality

4.4

Daniel K.

Verified reviewer

Health, Wellness and Fitness

501-1000 employees

Used daily for less than 2 years

Review source

Reviewed January 2022

Great and simple platform for trading derivatives.

5

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.

Ratings Breakdown

5

Ease of use

5

Value for money

4

Customer support

5

Functionality

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.

Read More

OM

Ontiretse M.

Verified reviewer

Apparel & Fashion

Self-Employed

Used daily for more than 2 years

Review source

Reviewed September 2023

Meta Trader 5 Review 2023-Softidity

5

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.

Ratings Breakdown

4

Ease of use

5

Value for money

5

Customer support

5

Functionality

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

Read More

JK

Jaroslav K.

Verified reviewer

Internet

2-10 employees

Used monthly for less than 2 years

Review source

Reviewed February 2022

I have been using this tool to trade

3

Bad, very hard to use.

Ratings Breakdown

3

Ease of use

1

Value for money

3

Customer support

3

Functionality

Pros:

It is quite fast, if you hove fast internet connection.

Cons:

It is easy to get lost there, too many infomation a lot of gibberish.

Read More

VR

Verified

Reviewer

Computer Networking

2-10 employees

Used weekly for less than 2 years

Review source

Reviewed May 2023

MetaTrader 5 is the Best Trading Platform

5

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.

Ratings Breakdown

5

Ease of use

5

Customer support

5

Functionality

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.

Read More

Themba N.

Verified reviewer

Education Management

51-200 employees

Used daily for less than 2 years

Review source

Reviewed March 2024

MetaTrader 5 trading platform

5

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

Ratings Breakdown

5

Ease of use

5

Functionality

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.

Read More

VR

Verified

Reviewer

Education Management

1001-5000 employees

Used daily for more than 2 years

Review source

Reviewed December 2022

Best For Trading

4

It is an amazing software, easy to use!

Ratings Breakdown

4

Ease of use

5

Functionality

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!

Read More

Hlalanathi Enoch M.

Verified reviewer

Accounting

Self-Employed

Used daily for more than 2 years

Review source

Reviewed November 2021

MetaTrader 5 Review

4

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

Ratings Breakdown

5

Ease of use

5

Value for money

5

Customer support

5

Functionality

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.

Read More

Edesiri I.

Verified reviewer

Professional Training & Coaching

1001-5000 employees

Used daily for less than 2 years

Review source

Reviewed April 2022

Reliable trading platform

4

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

Ratings Breakdown

5

Ease of use

4

Functionality

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.

Read More

Lunga K.

Verified reviewer

Capital Markets

2-10 employees

Used weekly for more than 2 years

Review source

Reviewed March 2022

Trading made simple and convenient

5

Metatrader 5 has everything I needed as a trader, absolutely amazing.

Ratings Breakdown

5

Ease of use

5

Value for money

3

Customer support

5

Functionality

Pros:

The platform has many trading tools to use on your daily trading. You can choose from a variety of trading indicators. Hide unused tools from your screen to avoid noisy charts. Execution of trades is very simple and fast. Display multiple charts in one screen. Metatrader 5 allows you to program your trades with 'Buy Limit and Sell Limit.

Cons:

Drawing tools are very limited, they need to add some

Read More

VR

Verified

Reviewer

Internet

Self-Employed

Used monthly for more than 2 years

Review source

Reviewed October 2023

The Most Recognized Trading Software

5

Overall I am satisfied with this software as long as I can make money with it any time

Ratings Breakdown

5

Ease of use

5

Value for money

4

Customer support

5

Functionality

Pros:

The software is constantly updated for improvement

Cons:

The interface can use better gui graphics

Read More

Showing 1 - 10 of 48 Reviews

[See All Reviews](https://www.softwareadvice.com/hedge-fund/metatrader-5-profile/reviews/)

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