# Top 10 MetaTrader 5 Alternatives & Competitors (19)4.0 out of 5 While MetaTrader 5 is a leading solution in Brokerage Trading Platforms, it's frequently compared with similar tools that offer different strengths. In most cases, users compare alternatives based on reliability and ease of use. The best overall alternative to MetaTrader 5 is [TradingView](https://www.g2.com/products/tradingview/reviews), rated ~4.5 stars on G2 from 74+ reviewers. It is frequently praised for integrations and ease of use. Other well-known alternatives to MetaTrader 5 are: - [eToro](https://www.g2.com/products/etoro/reviews) – known for functionality and features (G2 star rating ~3.6) - [thinkorswim](https://www.g2.com/products/thinkorswim/reviews) – highly rated for integrations and features (G2 star rating ~4.0) - [E\*Trade Web Platform](https://www.g2.com/products/e-trade-web-platform/reviews) – offers ease of use and features (G2 star rating ~4.0) - [Active Trader Pro](https://www.g2.com/products/active-trader-pro/reviews) – best suited for teams that need functionality and features (G2 star rating ~4.3) Browse top options below. Based on G2 review data, MetaTrader 5 is most commonly used in industries like [Brokerage Trading Platforms](https://www.g2.com/categories/brokerage-trading-platforms), [Financial Analytics Software](https://www.g2.com/categories/financial-analytics). Compare user ratings by vertical to find the best fit. ## Best Paid & Free Alternatives to MetaTrader 5 - TradingView - eToro - thinkorswim - E\*Trade Web Platform - Active Trader Pro - Kite - DEGIRO - Galileo FX ## Top 10 Alternatives to MetaTrader 5 Recently Reviewed By G2 Community Browse options below. Based on reviewer data, you can see how MetaTrader 5 stacks up to the competition, check reviews from current & previous users in industries like Financial Services, Investment Banking, and Research, and find the best product for your business. [![G2 Advertising](/assets/my-g2-logo-41632af6f81a240a0a9886638f412b2ac9a29f4001534f8c83be89a58ef9d45d.svg "G2 Advertising")](https://sell.g2.com/case-studies/how-aisdr-uses-g2-ads-to-turn-g2-into-top-5-traffic-source) Sponsored G2 Advertising Get 2x conversion than Google Ads with G2 Advertising! G2 Advertising places your product in premium positions on high-traffic pages and on targeted competitor pages to reach buyers at key comparison moments. [ Learn More ](https://sell.g2.com/case-studies/how-aisdr-uses-g2-ads-to-turn-g2-into-top-5-traffic-source) [ ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/5ec66c52287a108256fe7c9cc632dc0b/tradingview.png "Product Avatar Image") ](https://www.g2.com/products/tradingview/reviews) [](/assistant/landing) [ TradingView ](https://www.g2.com/products/tradingview/reviews) By [TradingView, Inc.](https://www.g2.com/sellers/tradingview-inc) [ 4.5/5(75) ](https://www.g2.com/products/tradingview/reviews#reviews) Product Description TradingView is an advanced financial visualization platform with the ease of use of a modern website. Reviewers say compared to MetaTrader 5, TradingView is: Better at support More usable Easier to set up Categories in common with MetaTrader 5: [ Brokerage Trading Platforms ](/categories/brokerage-trading-platforms) [ ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/9f5fbad4c13bc9f07fd8ae162c2923a8/etoro.png "Product Avatar Image") ](https://www.g2.com/products/etoro/reviews) [](/assistant/landing) [ eToro ](https://www.g2.com/products/etoro/reviews) By [eToro](https://www.g2.com/sellers/etoro) [ 3.6/5(27) ](https://www.g2.com/products/etoro/reviews#reviews) Product Description eToro has been a leader in the global Fintech revolution. It is the worldleading social trading network, with millions of registered users and an array of innovative trading and investment tools. Reviewers say compared to MetaTrader 5, eToro is: More usable More expensive Categories in common with MetaTrader 5: [ Brokerage Trading Platforms ](/categories/brokerage-trading-platforms) [ ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/426cd71f6c77ab8bfe5ed69cfd934776/thinkorswim.jpg "Product Avatar Image") ](https://www.g2.com/products/thinkorswim/reviews) [](/assistant/landing) [ thinkorswim ](https://www.g2.com/products/thinkorswim/reviews) By [TD Ameritrade](https://www.g2.com/sellers/td-ameritrade) [ 4/5(31) ](https://www.g2.com/products/thinkorswim/reviews#reviews) Product Description Trade equities, options, futures, and forex on your own personal trading platform, powered by insights and education to help you nail even the most complex strategies and techniques. Reviewers say compared to MetaTrader 5, thinkorswim is: Better at support Better at meeting requirements Categories in common with MetaTrader 5: [ Brokerage Trading Platforms ](/categories/brokerage-trading-platforms) [![G2 Advertising](/assets/my-g2-logo-41632af6f81a240a0a9886638f412b2ac9a29f4001534f8c83be89a58ef9d45d.svg "G2 Advertising")](https://sell.g2.com/case-studies/how-aisdr-uses-g2-ads-to-turn-g2-into-top-5-traffic-source) Sponsored G2 Advertising Get 2x conversion than Google Ads with G2 Advertising! G2 Advertising places your product in premium positions on high-traffic pages and on targeted competitor pages to reach buyers at key comparison moments. [ Learn More ](https://sell.g2.com/case-studies/how-aisdr-uses-g2-ads-to-turn-g2-into-top-5-traffic-source) [ ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/f685d06a8bc765e19ea660a5b0577930/e-trade-web-platform.jpg "Product Avatar Image") ](https://www.g2.com/products/e-trade-web-platform/reviews) [](/assistant/landing) [ E\*Trade Web Platform ](https://www.g2.com/products/e-trade-web-platform/reviews) By [eTrade](https://www.g2.com/sellers/etrade) [ 4/5(24) ](https://www.g2.com/products/e-trade-web-platform/reviews#reviews) Product Description The original place to invest online, and the heart of the E\*TRADE experience. Buy, sell, research, generate ideas,and track the markets, all in one place. Even school yourself on the latest investing trends and techniques. Reviewers say compared to MetaTrader 5, E\*Trade Web Platform is: Better at support Categories in common with MetaTrader 5: [ Brokerage Trading Platforms ](/categories/brokerage-trading-platforms) [ ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/2dcb9b4532072d793535a5799e5effa3/active-trader-pro.jpg "Product Avatar Image") ](https://www.g2.com/products/active-trader-pro/reviews) [](/assistant/landing) [ Active Trader Pro ](https://www.g2.com/products/active-trader-pro/reviews) By [Fidelity](https://www.g2.com/sellers/fidelity) [ 4.3/5(11) ](https://www.g2.com/products/active-trader-pro/reviews#reviews) Product Description Fully customizable with real-time streaming account, order, and market data updates. Exclusive tools like Real-time Analytics use historical trends to help you make more informed trading decisions. Intuitive trading tools like Strategy Ideas, Option Trade Builder, and Trade Armor streamline trading and help you plan your exit strategy. Reviewers say compared to MetaTrader 5, Active Trader Pro is: Better at support More usable Better at meeting requirements Categories in common with MetaTrader 5: [ Brokerage Trading Platforms ](/categories/brokerage-trading-platforms) [ ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/cb1d02ae6e60f02a71342fe9cdab0b0a/zerodha-kite.jpg "Product Avatar Image") ](https://www.g2.com/products/zerodha-kite/reviews) [](/assistant/landing) [ Kite ](https://www.g2.com/products/zerodha-kite/reviews) By [Zerodha](https://www.g2.com/sellers/zerodha) [ 4.6/5(41) ](https://www.g2.com/products/zerodha-kite/reviews#reviews) Product Description It's an application/ software to buy sell share market, stocks etc Reviewers say compared to MetaTrader 5, Kite is: More usable Better at support Better at meeting requirements Categories in common with MetaTrader 5: [ Brokerage Trading Platforms ](/categories/brokerage-trading-platforms) [ ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/653d2a5af06b7e8aeb734e87a4a99333/degiro.jpg "Product Avatar Image") ](https://www.g2.com/products/degiro/reviews) [](/assistant/landing) [ DEGIRO ](https://www.g2.com/products/degiro/reviews) By [DEGIRO](https://www.g2.com/sellers/degiro) [ 3.8/5(12) ](https://www.g2.com/products/degiro/reviews#reviews) Product Description DEGIRO is a European brokerage firm that offers a user-friendly and cost-effective platform for investors across 15 countries. Established in 2013, DEGIRO has revolutionized the retail investing industry by providing access to over 50 exchanges in 30 countries, enabling clients to diversify their portfolios globally. With a commitment to transparency and low fees, DEGIRO empowers individuals from diverse backgrounds to take control of their financial futures. Key Features and Functionality: - Global Market Access: Investors can trade on more than 50 exchanges across 30 countries, including markets in Europe, the United States, Australia, Japan, and Hong Kong. - Innovative Trading Platform: DEGIRO's in-house developed platform is continuously improved based on client feedback, offering a seamless and intuitive trading experience. - Cost-Effective Trading: The platform operates on a pay-per-use fee schedule, ensuring clients only pay for the services they utilize, without compromising on quality or security. - Comprehensive Product Offering: Clients have access to a wide range of financial instruments, including stocks, ETFs, bonds, options, futures, and structured products. - Security and Regulation: As part of flatexDEGIRO Bank AG, DEGIRO holds a banking license, ensuring deposit protection up to €100,000. The company is supervised by the German Federal Financial Supervisory Authority (BaFin) and the Dutch Authority for the Financial Markets (AFM). Primary Value and User Solutions: DEGIRO's primary value lies in democratizing investing by making it accessible and affordable for everyone. By offering low fees, a broad range of investment options, and a user-friendly platform, DEGIRO enables individuals to become self-directed investors, taking charge of their financial futures responsibly and intelligently. The platform's transparency, security measures, and continuous innovation address common barriers to investing, providing clients with the tools and confidence needed to navigate the financial markets effectively. Reviewers say compared to MetaTrader 5, DEGIRO is: More usable Better at support Categories in common with MetaTrader 5: [ Brokerage Trading Platforms ](/categories/brokerage-trading-platforms) [ ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/300e97698dbbe98153c4b92e8b874645/f2ab6c3a-598b-45ac-bdcf-b1c01d6ae2c3.png "Product Avatar Image") ](https://www.g2.com/products/galileo-fx/reviews) [](/assistant/landing) [ Galileo FX ](https://www.g2.com/products/galileo-fx/reviews) By [Orion Software Development Srl](https://www.g2.com/sellers/orion-software-development-srl) [ 4.5/5(20) ](https://www.g2.com/products/galileo-fx/reviews#reviews) Product Description The Galileo FX Trading Robot is an automated trading software that has been in operation for over three years, serving more than 4,000 clients. It integrates with trading platforms and gives users control over actions, trades, and strategies. The software has demonstrated impressive performance, repeatedly outperforming major indexes like the S&P 500. Galileo FX has been featured on prominent financial news outlets such as Bloomberg, Yahoo Finance, MarketWatch, and Nasdaq.com. Reviewers say compared to MetaTrader 5, Galileo FX is: Better at support More usable Easier to set up Categories in common with MetaTrader 5: [ Brokerage Trading Platforms ](/categories/brokerage-trading-platforms) [ ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/10fdd4c75c2e114ac3f27e5f2979b716/tt-platform.png "Product Avatar Image") ](https://www.g2.com/products/tt-platform/reviews) [](/assistant/landing) [ TT Platform ](https://www.g2.com/products/tt-platform/reviews) By [Trading Technologies](https://www.g2.com/sellers/trading-technologies) [ 4.5/5(3) ](https://www.g2.com/products/tt-platform/reviews#reviews) Product Description TT Platform is designed to optimize user's trading through a comprehensive set of tools Categories in common with MetaTrader 5: [ Brokerage Trading Platforms ](/categories/brokerage-trading-platforms) [ ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/0cc2ed94a8f333a60345ae3bc7b46ef2/iex.jpg "Product Avatar Image") ](https://www.g2.com/products/iex/reviews) [](/assistant/landing) [ IEX ](https://www.g2.com/products/iex/reviews) By [IEX](https://www.g2.com/sellers/iex) [ 4.6/5(18) ](https://www.g2.com/products/iex/reviews#reviews) Product Description IEX Exchange is a U.S.-based stock exchange that facilitates the trading of equities through a transparent business model and innovative technology. Established to enhance market integrity and protect investors, IEX employs unique mechanisms like the "Speed Bump"—a 38-mile coil of optical fiber introducing a 350-microsecond delay—to level the playing field among traders. This design aims to mitigate the advantages of high-frequency trading and ensure fairer execution for all participants. Key Features and Functionality: - Speed Bump: A deliberate delay mechanism that prevents latency arbitrage, promoting equitable trading conditions. - The Signal: A machine learning-based formula that identifies moments of price instability, incorporated into order types to protect trades during volatile periods. - Discretionary Peg Order Type (D-Peg): An order type that rests outside the National Best Bid and Offer (NBBO) and steps to the midpoint, except when The Signal indicates price instability. - Market Data Feeds: Proprietary feeds like TOPS and DEEP provide real-time top-of-book quotations and depth-of-book data, ensuring transparency and informed decision-making. Primary Value and User Solutions: IEX Exchange addresses the challenges posed by high-frequency trading by implementing technologies that promote fairness and transparency. By introducing mechanisms like the Speed Bump and The Signal, IEX reduces the risk of predatory trading practices, ensuring that all market participants, from institutional investors to individual traders, operate on a level playing field. This approach enhances execution quality, fosters trust in the trading environment, and ultimately contributes to a more efficient and equitable financial market. Reviewers say compared to MetaTrader 5, IEX is: More usable Better at meeting requirements Easier to set up Categories in common with MetaTrader 5: [ Brokerage Trading Platforms ](/categories/brokerage-trading-platforms) ### Explore Articles [ What are the best affiliate marketing platforms for a company that wants to launch a partner program quickly without engineering involvement? ](https://www.g2.com/discussions/what-are-the-best-affiliate-marketing-platforms-for-a-company-that-wants-to-launch-a-partner-program-quickly-without-engineering-involvement) [ Is Streem worth it as an AR collaboration tool for a field service team that needs to guide customers through troubleshooting without a mobile app download, or does TeamViewer Frontline offer better depth for enterprise technician workflows? ](https://www.g2.com/discussions/is-streem-worth-it-as-an-ar-collaboration-tool-for-a-field-service-team-that-needs-to-guide-customers-through-troubleshooting-without-a-mobile-app-download-or-does-teamviewer-frontline-offer-better-depth-for-enterprise-technician-workflows) [ Which event networking and matchmaking tools reduce agenda setup complexity with location and topic filtering? ](https://www.g2.com/discussions/which-event-networking-and-matchmaking-tools-reduce-agenda-setup-complexity-with-location-and-topic-filtering) [ DraftSight vs Autodesk DWG TrueView vs Autodesk Viewer: which is actually worth using for day-to-day design review? ](https://www.g2.com/discussions/draftsight-vs-autodesk-dwg-trueview-vs-autodesk-viewer-which-is-actually-worth-using-for-day-to-day-design-review) [ What are the best lifestyle spending account platforms for payroll integration in professional services? ](https://www.g2.com/discussions/what-are-the-best-lifestyle-spending-account-platforms-for-payroll-integration-in-professional-services) [ Best sales training software for tech startups ](https://www.g2.com/discussions/what-is-the-best-sales-training-software-for-tech-startups) ### Spotlight Categories [ Outbound Call Tracking Software ](https://www.g2.com/categories/outbound-call-tracking) [ Survey Software ](https://www.g2.com/categories/survey) [ Digital Adoption Platforms ](https://www.g2.com/categories/digital-adoption-platform)