MetaTrader 5

Trading platform with MQL5 development environment

About MetaTrader 5

MetaTrader 5 is a cloud-based trading platform designed to help stock and Forex traders automatically manage trading activities using various advanced financial trading functions and fundamental analysis. It lets users open multiple positions of a single financial instrument in the same or opposite direction.

Key features of MetaTrader 5 include mobile trading, web trading, algorithmic trading, and professional technical analysis. The advanced Market Depth functionality allows users to access time and sales information and buy and sell currency pairs, futures, and equities. The application offers support for all types of trading orders and execution modes and separate accounting of trades and orders.

MetaTrader 5 enables individuals to access the history of their trades from any laptop or computer powered by Windows, Linux, or macOS. All transmitted information is securely encrypted, ensuring maximum data protection.


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MetaTrader 5 Software - MetaTrader 5 trading symbols
MetaTrader 5 Software - MetaTrader 5 algorithmic trading
MetaTrader 5 Software - MetaTrader 5 auto trading
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MetaTrader 5 Software - MetaTrader 5 trading symbols
MetaTrader 5 Software - MetaTrader 5 algorithmic trading
MetaTrader 5 Software - MetaTrader 5 auto trading

Not sure about MetaTrader 5? Compare with a popular alternative

MetaTrader 5

4,5 (43)
VS.

Starting Price

US$2 000,00
month
No pricing found

Pricing Options

Free version
Free trial
Free version
Free trial

Features

21
100

Integrations

No integrations found
14

Ease of Use

4,4 (43)
5,0 (4)

Value for Money

4,4 (43)
5,0 (4)

Customer Service

4,1 (43)
5,0 (4)
Green rating bars show the winning product based on the average rating and number of reviews.

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Reviews

Overall rating

4,5 /5
(43)
Value for Money
4,4/5
Features
4,4/5
Ease of Use
4,4/5
Customer Support
4,1/5

Already have MetaTrader 5?

Software buyers need your help! Product reviews help the rest of us make great decisions.

Showing 5 reviews of 43
Themba
Themba
Overall rating
  • Industry: Education Management
  • Company size: 51–200 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 10.0 /10

MetaTrader 5 trading platform

Reviewed on 2024/03/27

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

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
Overall rating
  • Industry: Architecture & Planning
  • Company size: 11–50 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

The best trading platform

Reviewed on 2022/07/31

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

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.

Alternatives Considered

Derive

Reasons for Choosing MetaTrader 5

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

Switched From

Derive

Reasons for Switching to 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.
Kranthi
Overall rating
  • Industry: Accounting
  • Company size: Self Employed
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 0.0 /10

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

Reviewed on 2023/01/07

For the withdraw time they are asking us to pay unnecessary charges. Even that conditions they will...

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

Jorge Guardiola
Jorge Guardiola
Overall rating
  • Industry: Marketing & Advertising
  • Company size: Self Employed
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 7.0 /10

Among the most known free graphical analysis platforms allowing algorithm trading

Reviewed on 2021/10/21

Considering the low cost of the platform (free of charge) and the possibility of using robots...

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
Overall rating
  • Industry: Apparel & Fashion
  • Company size: Self Employed
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Meta Trader 5 Review 2023-Softidity

Reviewed on 2023/09/08

My overall experience with Meta Trader 5 is a positive one. it is an software that i recommend to...

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.

Showing 5 reviews of 43 Read all reviews

MetaTrader 5 FAQs

Below are some frequently asked questions for MetaTrader 5.

MetaTrader 5 offers the following pricing plans:

  • Starting from: US$2 000,00/month
  • Pricing model: Subscription
  • Free Trial: Not Available

MetaTrader 5 has the following typical customers:

11–50, 51–200, 201–500, 501–1 000, 1 001–5 000

MetaTrader 5 supports the following languages:

English, Russian, Traditional Chinese

MetaTrader 5 supports the following devices:

Android (Mobile), iPhone (Mobile), iPad (Mobile)

We do not have any information about what integrations MetaTrader 5 has

MetaTrader 5 offers the following support options:

Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live rep), Chat

Related categories

See all software categories found for MetaTrader 5.