Link copied to clipboard # MetaTrader 5 vs eToro Comparison - What are their main differences? Share [ Export ](/compare/metatrader-5/etoro/export.csv) MetaTrader 5eToro[+ Add Product](#) Reviews **MetaTrader 5** [ 4.2/5(36) ](https://www.g2.com/products/metatrader-5/reviews#reviews) **eToro** [ 3.6/5(27) ](https://www.g2.com/products/etoro/reviews#reviews) Pricing **MetaTrader 5** No pricing available **eToro** No pricing available **Pricing Insights** from reviews Time to Implement **MetaTrader 5** Not enough reviews yet **eToro** Not enough reviews yet Return on Investment **MetaTrader 5** Not enough reviews yet **eToro** Not enough reviews yet Perceived Cost **MetaTrader 5** $$$$$ **eToro** $$$$$ Average Discount **MetaTrader 5** Not enough reviews yet **eToro** Not enough reviews yet Pros & Cons **MetaTrader 5** Not enough data **eToro** Not enough data Ratings Meets Requirements **MetaTrader 5** 8.8 8.824 **eToro** 8.4 8.422 Ease of Use **MetaTrader 5** 8.4 8.426 **eToro** 8.8 8.823 Ease of Setup **MetaTrader 5** 8.5 8.58 **eToro** Not enough data Ease of Admin **MetaTrader 5** Not enough data **eToro** Not enough data Quality of Support **MetaTrader 5** 8.2 8.222 **eToro** 7.3 7.321 Has the product been a good partner in doing business? **MetaTrader 5** Not enough data **eToro** Not enough data Product Direction (% positive) **MetaTrader 5** 7.7 7.725 **eToro** 8.9 8.921 Features Brokerage Trading Platforms[Hide 10 FeaturesShow 10 Features](javascript:void(0);) 8.3 24 7.3 22 Market Intelligence Digital Transactions - Brokerage Trading Platforms 8.6(won by 0.9) 20 (There is a greater than 0.5 difference between this product's rating and its competitors) 7.7 18 Analytics Tools - Brokerage Trading Platforms 8.2(won by 1.4) 18 (There is a greater than 0.5 difference between this product's rating and its competitors) 6.8 17 Market Tailoring - Brokerage Trading Platforms 8.2(won by 0.7) 18 (There is a greater than 0.5 difference between this product's rating and its competitors) 7.5 16 Market Intelligence - Brokerage Trading Platforms 8.3(won by 1.4) 16 (There is a greater than 0.5 difference between this product's rating and its competitors) 6.9 17 Trading Operations Intermediary - Brokerage Trading Platforms 8.1(won by 1.3) 16 (There is a greater than 0.5 difference between this product's rating and its competitors) 6.8 14 Security - Brokerage Trading Platforms 8.6(won by 0.7) 16 (There is a greater than 0.5 difference between this product's rating and its competitors) 7.9 16 Trades Automation - Brokerage Trading Platforms 8.1(won by 1.4) 17 (There is a greater than 0.5 difference between this product's rating and its competitors) 6.7 12 Real-Time Price Feeds - Brokerage Trading Platforms 8.7(won by 0.6) 17 (There is a greater than 0.5 difference between this product's rating and its competitors) 8.1 18 Agentic AI - Brokerage Trading Platforms Autonomous Task Execution Not enough data Not enough data Multi-step Planning Not enough data Not enough data Show 1 feature category with incomplete data Cryptocurrency Exchanges[Hide 32 FeaturesShow 32 Features](javascript:void(0);) Not enough data Not enough data Additional Functionality Fee Calculation & Posting Not enough data Not enough data AI Copilot Not enough data Not enough data Stock Tracking Not enough data Not enough data Fee Collection Not enough data Not enough data Public Dashboards Not enough data Not enough data Income & Balance Sheet Not enough data Not enough data Transaction History Not enough data Not enough data Trend Analysis Not enough data Not enough data Visual Analytics Not enough data Not enough data Multi-Coin Support Not enough data Not enough data Cryptocurrency Processing Not enough data Not enough data ACH Payment Processing Not enough data Not enough data For Cloud Not enough data Not enough data Payment Processing Not enough data Not enough data NFT Trading Not enough data Not enough data Cryptocurrency Sending & Receiving Not enough data Not enough data Data Security Not enough data Not enough data Cryptocurrency Staking Not enough data Not enough data For Traders Not enough data Not enough data Dashboard Not enough data Not enough data Generative AI Not enough data Not enough data Portfolio Rebalancing Not enough data Not enough data Real-Time Data Not enough data Not enough data Data Loss Prevention Not enough data Not enough data Alerts/Notifications Not enough data Not enough data API Not enough data Not enough data Investment Management Not enough data Not enough data Cryptocurrency Tracking Not enough data Not enough data Mobile Access Not enough data Not enough data Portfolio Management Not enough data Not enough data Digital Asset Management Not enough data Not enough data Online Trading Not enough data Not enough data User Insights Reviewers' Company Size [![MetaTrader 5](https://images.g2crowd.com/uploads/product/image/thumb_square/thumb_square_df4e62dc83ec691f7100929fa09f7b07/metatrader-5.png "MetaTrader 5")](https://www.g2.com/products/metatrader-5/reviews) MetaTrader 5 Small-Business(50 or fewer emp.) 87.5% Mid-Market(51-1000 emp.) 9.4% Enterprise(\> 1000 emp.) 3.1% [![eToro](https://images.g2crowd.com/uploads/product/image/thumb_square/thumb_square_9f5fbad4c13bc9f07fd8ae162c2923a8/etoro.png "eToro")](https://www.g2.com/products/etoro/reviews) eToro Small-Business(50 or fewer emp.) 81.5% Mid-Market(51-1000 emp.) 11.1% Enterprise(\> 1000 emp.) 7.4% Small-Business (50 or fewer emp.) 87.5% 81.5% Mid-Market (51-1000 emp.) 9.4% 11.1% Enterprise (\> 1000 emp.) 3.1% 7.4% Reviewers' Industry [![MetaTrader 5](https://images.g2crowd.com/uploads/product/image/thumb_square/thumb_square_df4e62dc83ec691f7100929fa09f7b07/metatrader-5.png "MetaTrader 5")](https://www.g2.com/products/metatrader-5/reviews) MetaTrader 5 Financial Services 28.1% Accounting 15.6% Investment Banking 9.4% Marketing and Advertising 6.3% Investment Management 6.3% Other 34.4% [![eToro](https://images.g2crowd.com/uploads/product/image/thumb_square/thumb_square_9f5fbad4c13bc9f07fd8ae162c2923a8/etoro.png "eToro")](https://www.g2.com/products/etoro/reviews) eToro Financial Services 11.1% Investment Management 11.1% Banking 7.4% Information Technology and Services 7.4% Wholesale 7.4% Other 55.6% FAQs ## MetaTrader 5 vs eToro FAQs Generated using AI Last updated: August 14, 2026 ### What is the difference between eToro vs MetaTrader 5? MetaTrader 5 stands out from eToro with a higher G2 rating and more advanced trading features, while eToro is favored for its ease of use and social trading capabilities. | | [eToro](https://www.g2.com/products/etoro/reviews) | [MetaTrader 5](https://www.g2.com/products/metatrader-5/reviews) | | --- | --- | --- | | G2 Rating (reviews) | 3.6/5 (27 reviews) | 4.0/5 (19 reviews) | | Largest Segment | Small-Business | Small-Business | | Ease of Setup score | — | 8.6 | | Quality of Support score | 7.3 | 7.5 | | Top Reviewer-Cited Strength | Intuitive UI and social/copy trading features | Advanced multi-asset trading and automation capabilities | ### How do the pricing models of eToro and MetaTrader 5 compare? MetaTrader 5 is rated higher for price and value satisfaction than eToro, indicating reviewers consider it the stronger value. - **eToro:** In recent reviews, several users express concerns about high fees, commissions, and slow withdrawal processes, with some noting hidden costs and dissatisfaction with value for money. - **MetaTrader 5:** Reviewers highlight that MetaTrader 5 is often provided free by brokers and is valued for its advanced features, though some mention training and setup costs for advanced use. ### What are the best alternatives to eToro and MetaTrader 5? According to G2, the top three alternatives to eToro and MetaTrader 5 are TradingView, thinkorswim, and E\*Trade Web Platform. | Product | G2 Rating (reviews) | Largest Segment | Pricing Insight | Top Reviewer-Cited Strength | | --- | --- | --- | --- | --- | | [eToro](https://www.g2.com/products/etoro/reviews) | 3.6/5 (27 reviews) | Small-Business | Reviewers cite high fees and commissions | Intuitive UI and social/copy trading features | | [MetaTrader 5](https://www.g2.com/products/metatrader-5/reviews) | 4.0/5 (19 reviews) | Small-Business | Often provided free by brokers, valued for advanced features | Advanced multi-asset trading and automation capabilities | | [TradingView](https://www.g2.com/products/tradingview/reviews) | 4.5/5 (75 reviews) | Small-Business | — | Powerful charting and analysis tools | | [thinkorswim](https://www.g2.com/products/thinkorswim/reviews) | 4.0/5 (31 reviews) | Small-Business | — | Comprehensive trading tools and analytics | | [E\*Trade Web Platform](https://www.g2.com/products/e-trade-web-platform/reviews) | 4.0/5 (24 reviews) | Small-Business | — | Ease of use and broad asset access | ### Which Brokerage Trading Platforms features should I prioritize when comparing eToro and MetaTrader 5? Buyers comparing eToro and MetaTrader 5 should prioritize ease of use, trading automation, asset coverage, social trading, and support quality. - **Ease of Use:** eToro scores 8.8, MetaTrader 5 scores 8.1. - **Trading Automation:** MetaTrader 5 is frequently cited for advanced automation and custom scripting capabilities. - **Asset Coverage:** MetaTrader 5 supports multi-asset trading including forex, equities, indices, and crypto-CFDs; eToro is noted for broad but less technical asset access. - **Social Trading:** eToro is highlighted for copy trading and social features, which are not present in MetaTrader 5. - **Support Quality:** eToro scores 7.3, MetaTrader 5 scores 7.5. ### What are the pros and cons of eToro vs MetaTrader 5? eToro's headline strength is its intuitive UI and social trading features, while MetaTrader 5 excels in advanced multi-asset trading and automation. - **eToro strengths:** Intuitive and easy-to-use interface, strong social and copy trading features, broad asset access, and multiple deposit options including PayPal. - **eToro trade-offs:** High fees and commissions, slow withdrawal processes, inconsistent customer support, and occasional platform bugs or security concerns. - **MetaTrader 5 strengths:** Advanced multi-asset trading, powerful automation and scripting (MQL5), robust charting and analysis tools, and reliable cross-device performance. - **MetaTrader 5 trade-offs:** Steep learning curve, higher resource demands, limited broker adoption compared to MT4, and occasional mobile app stability issues. ### Is eToro or MetaTrader 5 better for small businesses? Both eToro and MetaTrader 5 are primarily used by small businesses, but eToro is more frequently praised for its ease of use and onboarding for small-business users. - **eToro:** Largest segment is Small-Business; reviewers highlight its intuitive UI, easy onboarding, and suitability for beginners and small investment teams. - **MetaTrader 5:** Largest segment is Small-Business; reviewers note its advanced features but mention a steeper learning curve and higher training requirements for small teams. ### Which Brokerage Trading Platforms platform has better integrations? MetaTrader 5 is favored for integrations, with reviewers highlighting its open API and CRM system connectivity. - **eToro:** In recent reviews, eToro is noted for integrating with multiple payment platforms, but no third-party tool integrations are specifically cited. - **MetaTrader 5:** Reviewers mention open API support and integration with third-party CRM systems, enabling brokers to onboard and manage clients digitally. ### How do eToro and MetaTrader 5 compare on customer support? MetaTrader 5 and eToro are rated nearly equally on Quality of Support, with MetaTrader 5 at 7.5 and eToro at 7.3, indicating parity. - **eToro:** Reviewers describe inconsistent support experiences, with some citing slow or unresponsive customer service and others noting helpful interactions. - **MetaTrader 5:** Reviewers report generally reliable support, though some mention a need for more developer engagement and occasional delays in response. ### Which is easier to implement, eToro or MetaTrader 5? MetaTrader 5 has a measurable advantage in Ease of Setup, scoring 8.6, while eToro does not have a published score for this dimension. - **eToro:** Reviewers frequently praise the straightforward onboarding and easy account setup, especially for new investors. - **MetaTrader 5:** Reviewers highlight fast setup and activation, though some note a steeper learning curve for advanced features. Alternatives **MetaTrader 5 Alternatives** ![TradingView](https://images.g2crowd.com/uploads/product/image/thumb_square/thumb_square_5ec66c52287a108256fe7c9cc632dc0b/tradingview.png "TradingView") [ TradingView ](/products/tradingview/reviews) ![thinkorswim](https://images.g2crowd.com/uploads/product/image/thumb_square/thumb_square_426cd71f6c77ab8bfe5ed69cfd934776/thinkorswim.jpg "thinkorswim") [ thinkorswim ](/products/thinkorswim/reviews) ![E*Trade Web Platform](https://images.g2crowd.com/uploads/product/image/thumb_square/thumb_square_f685d06a8bc765e19ea660a5b0577930/e-trade-web-platform.jpg "E\*Trade Web Platform") [ E\*Trade Web Platform ](/products/e-trade-web-platform/reviews) ![Active Trader Pro](https://images.g2crowd.com/uploads/product/image/thumb_square/thumb_square_2dcb9b4532072d793535a5799e5effa3/active-trader-pro.jpg "Active Trader Pro") [ Active Trader Pro ](/products/active-trader-pro/reviews) **eToro Alternatives** ![TradingView](https://images.g2crowd.com/uploads/product/image/thumb_square/thumb_square_5ec66c52287a108256fe7c9cc632dc0b/tradingview.png "TradingView") [ TradingView ](/products/tradingview/reviews) ![thinkorswim](https://images.g2crowd.com/uploads/product/image/thumb_square/thumb_square_426cd71f6c77ab8bfe5ed69cfd934776/thinkorswim.jpg "thinkorswim") [ thinkorswim ](/products/thinkorswim/reviews) ![E*Trade Web Platform](https://images.g2crowd.com/uploads/product/image/thumb_square/thumb_square_f685d06a8bc765e19ea660a5b0577930/e-trade-web-platform.jpg "E\*Trade Web Platform") [ E\*Trade Web Platform ](/products/e-trade-web-platform/reviews) ![UPHOLD](https://images.g2crowd.com/uploads/product/hd_favicon/0058ef1771947d045c731f06e185a37f/uphold.svg "UPHOLD") [ UPHOLD ](/products/uphold/reviews) ## MetaTrader 5 vs eToro - Reviewers felt that MetaTrader 5 meets the needs of their business better than eToro. - When comparing quality of ongoing product support, reviewers felt that MetaTrader 5 is the preferred option. - For feature updates and roadmaps, our reviewers preferred the direction of eToro over MetaTrader 5.