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Compare MetaTrader 5 and thinkorswim

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At a Glance
MetaTrader 5
MetaTrader 5
Star Rating
(16)3.9 out of 5
Market Segments
Small-Business (86.7% of reviews)
Information
Entry-Level Pricing
No pricing available
Learn more about MetaTrader 5
thinkorswim
thinkorswim
Star Rating
(31)4.0 out of 5
Market Segments
Small-Business (70.0% of reviews)
Information
Entry-Level Pricing
No pricing available
Learn more about thinkorswim
AI Generated Summary
AI-generated. Powered by real user reviews.
  • Users report that thinkorswim excels in its "Quality of Support," receiving a score of 8.9, while MetaTrader 5 falls behind with a score of 7.6, indicating that thinkorswim may provide more reliable assistance when users encounter issues.
  • Reviewers mention that thinkorswim offers superior "Real-Time Price Feeds," scoring 8.6 compared to MetaTrader 5's 7.9, which suggests that thinkorswim may provide more accurate and timely market data for traders.
  • G2 users highlight that thinkorswim's "Analytics Tools" score of 8.4 outshines MetaTrader 5's 7.1, indicating that thinkorswim may offer more robust analytical features for traders looking to make informed decisions.
  • Users on G2 report that both platforms have similar scores for "Meets Requirements" at 8.7, suggesting that both products effectively meet user needs, but thinkorswim may have a slight edge in overall user satisfaction.
  • Reviewers say that thinkorswim's "Market Tailoring" capabilities, with a score of 8.3, outperform MetaTrader 5's 7.2, indicating that thinkorswim may provide better customization options for different trading strategies.
  • Users report that while both platforms have solid security features, thinkorswim's score of 8.3 in "Security" slightly edges out MetaTrader 5's 8.1, suggesting a marginally stronger focus on protecting user data and transactions.
Pricing
Entry-Level Pricing
MetaTrader 5
No pricing available
thinkorswim
No pricing available
Free Trial
MetaTrader 5
No trial information available
thinkorswim
No trial information available
Ratings
Meets Requirements
8.5
10
8.7
21
Ease of Use
8.0
11
7.1
21
Ease of Setup
Not enough data
Not enough data
Ease of Admin
Not enough data
Not enough data
Quality of Support
7.5
10
8.9
19
Has the product been a good partner in doing business?
Not enough data
Not enough data
Product Direction (% positive)
7.7
10
6.1
18
Features by Category
Brokerage Trading PlatformsHide 10 FeaturesShow 10 Features
7.4
9
8.2
17
Market Intelligence
7.9
8
8.3
15
7.1
8
8.4
15
7.1
7
8.3
12
7.4
7
8.1
14
Trading Operations
7.3
8
7.8
12
7.9
7
8.3
14
7.1
8
7.8
13
7.7
8
8.6
15
Agentic AI - Brokerage Trading Platforms
Not enough data
Not enough data
Not enough data
Not enough data
Categories
Categories
Shared Categories
MetaTrader 5
MetaTrader 5
thinkorswim
thinkorswim
MetaTrader 5 and thinkorswim are categorized as Brokerage Trading Platforms
Unique Categories
MetaTrader 5
MetaTrader 5 has no unique categories
thinkorswim
thinkorswim has no unique categories
Reviews
Reviewers' Company Size
MetaTrader 5
MetaTrader 5
Small-Business(50 or fewer emp.)
86.7%
Mid-Market(51-1000 emp.)
6.7%
Enterprise(> 1000 emp.)
6.7%
thinkorswim
thinkorswim
Small-Business(50 or fewer emp.)
70.0%
Mid-Market(51-1000 emp.)
16.7%
Enterprise(> 1000 emp.)
13.3%
Reviewers' Industry
MetaTrader 5
MetaTrader 5
Financial Services
26.7%
Accounting
20.0%
Marketing and Advertising
13.3%
Information Technology and Services
13.3%
Research
6.7%
Other
20.0%
thinkorswim
thinkorswim
Financial Services
26.7%
Investment Management
10.0%
Education Management
10.0%
Transportation/Trucking/Railroad
6.7%
Hospital & Health Care
6.7%
Other
40.0%
Alternatives
MetaTrader 5
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thinkorswim
thinkorswim Alternatives
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MetaTrader 5
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Discussions
MetaTrader 5
MetaTrader 5 Discussions
What does MetaTrader 5 do?
3 Comments
PL
Terrible experience with this company they almost fleeced me to the last dime but I finally found help from an expert recovery agent...Read more
What is MT5 software?
2 Comments
PL
Terrible experience with this company they almost fleeced me to the last dime but I finally found help from an expert recovery agent...Read more
Does MT5 have options?
2 Comments
PL
Terrible experience with this company they almost fleeced me to the last dime but I finally found help from an expert recovery agent...Read more
thinkorswim
thinkorswim Discussions
Is there a Web version of thinkorswim?
4 Comments
AT
LEXA TRADE fraudulent platform, after opening my account and presenting $60,500, I notice that my account has been frozen and I cannot make any further...Read more
Connection issue will be resolved?
1 Comment
AT
LEXA TRADE fraudulent platform, after opening my account and presenting $60,500, I notice that my account has been frozen and I cannot make any further...Read more
What is the thinkorswim platform?
1 Comment
AT
LEXA TRADE fraudulent platform, after opening my account and presenting $60,500, I notice that my account has been frozen and I cannot make any further...Read more