# Top 10 MetaTrader 5 Alternatives & Competitors
**Average Rating:** 4.3/5
**Total Number of Reviews:** 19
The Brokerage Trading Platforms solutions below are the most common alternatives that users and reviewers compare with MetaTrader 5. Other important factors to consider when researching alternatives to MetaTrader 5 include features. The best overall MetaTrader 5 alternative is thinkorswim. Other similar apps like MetaTrader 5 are eToro, E\*Trade Web Platform, Active Trader Pro, and TradingView. MetaTrader 5 alternatives can be found in [Brokerage Trading Platforms](https://www.g2.com/categories/brokerage-trading-platforms) but may also be in [Financial Analytics Software](https://www.g2.com/categories/financial-analytics).


## Best Paid & Free Alternatives to MetaTrader 5
  - [thinkorswim](https://www.g2.com/products/thinkorswim/reviews)
  - [eToro](https://www.g2.com/products/etoro/reviews)
  - [E*Trade Web Platform](https://www.g2.com/products/e-trade-web-platform/reviews)
  - [Active Trader Pro](https://www.g2.com/products/active-trader-pro/reviews)
  - [TradingView](https://www.g2.com/products/tradingview/reviews)
  - [IEX](https://www.g2.com/products/iex/reviews)
  - [Kite](https://www.g2.com/products/zerodha-kite/reviews)
  - [Galileo FX](https://www.g2.com/products/galileo-fx/reviews)
  - [DEGIRO](https://www.g2.com/products/degiro/reviews)
  - [Coinbase Prime](https://www.g2.com/products/coinbase-prime/reviews)

## 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, Logistics and Supply Chain, and Telecommunications, and find the best product for your business.


  ### 1. [thinkorswim](https://www.g2.com/products/thinkorswim/reviews)
By TD Ameritrade
**Average Rating:** 4.0/5
**Total Reviews:** 31
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](https://www.g2.com/categories/brokerage-trading-platforms)

**Compare:** [MetaTrader 5 vs thinkorswim](https://www.g2.com/compare/henyep-capital-markets-metatrader-5-vs-thinkorswim)
**Compare thinkorswim with other alternatives:**
- [thinkorswim vs eToro](https://www.g2.com/compare/etoro-vs-thinkorswim)
- [thinkorswim vs E*Trade Web Platform](https://www.g2.com/compare/e-trade-web-platform-vs-thinkorswim)
- [thinkorswim vs Active Trader Pro](https://www.g2.com/compare/active-trader-pro-vs-thinkorswim)
- [thinkorswim vs TradingView](https://www.g2.com/compare/tradingview-vs-thinkorswim)
- [thinkorswim vs IEX](https://www.g2.com/compare/iex-vs-thinkorswim)
- [thinkorswim vs Kite](https://www.g2.com/compare/zerodha-kite-vs-thinkorswim)
- [thinkorswim vs Galileo FX](https://www.g2.com/compare/galileo-fx-vs-thinkorswim)
- [thinkorswim vs DEGIRO](https://www.g2.com/compare/degiro-vs-thinkorswim)
- [thinkorswim vs Coinbase Prime](https://www.g2.com/compare/coinbase-prime-vs-thinkorswim)

  ### 2. [eToro](https://www.g2.com/products/etoro/reviews)
By eToro
**Average Rating:** 3.6/5
**Total Reviews:** 26
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](https://www.g2.com/categories/brokerage-trading-platforms)

**Compare:** [MetaTrader 5 vs eToro](https://www.g2.com/compare/henyep-capital-markets-metatrader-5-vs-etoro)
**Compare eToro with other alternatives:**
- [eToro vs thinkorswim](https://www.g2.com/compare/etoro-vs-thinkorswim)
- [eToro vs E*Trade Web Platform](https://www.g2.com/compare/e-trade-web-platform-vs-etoro)
- [eToro vs Active Trader Pro](https://www.g2.com/compare/active-trader-pro-vs-etoro)
- [eToro vs TradingView](https://www.g2.com/compare/tradingview-vs-etoro)
- [eToro vs IEX](https://www.g2.com/compare/iex-vs-etoro)
- [eToro vs Kite](https://www.g2.com/compare/zerodha-kite-vs-etoro)
- [eToro vs Galileo FX](https://www.g2.com/compare/galileo-fx-vs-etoro)
- [eToro vs DEGIRO](https://www.g2.com/compare/degiro-vs-etoro)
- [eToro vs Coinbase Prime](https://www.g2.com/compare/coinbase-prime-vs-etoro)

  ### 3. [E*Trade Web Platform](https://www.g2.com/products/e-trade-web-platform/reviews)
By eTrade
**Average Rating:** 4.0/5
**Total Reviews:** 24
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.


Categories in common with MetaTrader 5: [Brokerage Trading Platforms](https://www.g2.com/categories/brokerage-trading-platforms)

**Compare:** [MetaTrader 5 vs E*Trade Web Platform](https://www.g2.com/compare/e-trade-web-platform-vs-henyep-capital-markets-metatrader-5)
**Compare E*Trade Web Platform with other alternatives:**
- [E*Trade Web Platform vs thinkorswim](https://www.g2.com/compare/e-trade-web-platform-vs-thinkorswim)
- [E*Trade Web Platform vs eToro](https://www.g2.com/compare/e-trade-web-platform-vs-etoro)
- [E*Trade Web Platform vs Active Trader Pro](https://www.g2.com/compare/active-trader-pro-vs-e-trade-web-platform)
- [E*Trade Web Platform vs TradingView](https://www.g2.com/compare/e-trade-web-platform-vs-tradingview)
- [E*Trade Web Platform vs IEX](https://www.g2.com/compare/e-trade-web-platform-vs-iex)
- [E*Trade Web Platform vs Kite](https://www.g2.com/compare/e-trade-web-platform-vs-zerodha-kite)
- [E*Trade Web Platform vs Galileo FX](https://www.g2.com/compare/e-trade-web-platform-vs-galileo-fx)
- [E*Trade Web Platform vs DEGIRO](https://www.g2.com/compare/degiro-vs-e-trade-web-platform)
- [E*Trade Web Platform vs Coinbase Prime](https://www.g2.com/compare/coinbase-prime-vs-e-trade-web-platform)

  ### 4. [Active Trader Pro](https://www.g2.com/products/active-trader-pro/reviews)
By Fidelity
**Average Rating:** 4.3/5
**Total Reviews:** 11
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 meeting requirements
- More usable
- Better at support
Categories in common with MetaTrader 5: [Brokerage Trading Platforms](https://www.g2.com/categories/brokerage-trading-platforms)

**Compare:** [MetaTrader 5 vs Active Trader Pro](https://www.g2.com/compare/active-trader-pro-vs-henyep-capital-markets-metatrader-5)
**Compare Active Trader Pro with other alternatives:**
- [Active Trader Pro vs thinkorswim](https://www.g2.com/compare/active-trader-pro-vs-thinkorswim)
- [Active Trader Pro vs eToro](https://www.g2.com/compare/active-trader-pro-vs-etoro)
- [Active Trader Pro vs E*Trade Web Platform](https://www.g2.com/compare/active-trader-pro-vs-e-trade-web-platform)
- [Active Trader Pro vs TradingView](https://www.g2.com/compare/active-trader-pro-vs-tradingview)
- [Active Trader Pro vs IEX](https://www.g2.com/compare/active-trader-pro-vs-iex)
- [Active Trader Pro vs Kite](https://www.g2.com/compare/active-trader-pro-vs-zerodha-kite)
- [Active Trader Pro vs Galileo FX](https://www.g2.com/compare/active-trader-pro-vs-galileo-fx)
- [Active Trader Pro vs DEGIRO](https://www.g2.com/compare/active-trader-pro-vs-degiro)
- [Active Trader Pro vs Coinbase Prime](https://www.g2.com/compare/active-trader-pro-vs-coinbase-prime)

  ### 5. [TradingView](https://www.g2.com/products/tradingview/reviews)
By TradingView, Inc.
**Average Rating:** 4.5/5
**Total Reviews:** 75
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 meeting requirements
- More usable
- Better at support
Categories in common with MetaTrader 5: [Brokerage Trading Platforms](https://www.g2.com/categories/brokerage-trading-platforms)

**Compare:** [MetaTrader 5 vs TradingView](https://www.g2.com/compare/henyep-capital-markets-metatrader-5-vs-tradingview)
**Compare TradingView with other alternatives:**
- [TradingView vs thinkorswim](https://www.g2.com/compare/tradingview-vs-thinkorswim)
- [TradingView vs eToro](https://www.g2.com/compare/tradingview-vs-etoro)
- [TradingView vs E*Trade Web Platform](https://www.g2.com/compare/e-trade-web-platform-vs-tradingview)
- [TradingView vs Active Trader Pro](https://www.g2.com/compare/active-trader-pro-vs-tradingview)
- [TradingView vs IEX](https://www.g2.com/compare/iex-vs-tradingview)
- [TradingView vs Kite](https://www.g2.com/compare/zerodha-kite-vs-tradingview)
- [TradingView vs Galileo FX](https://www.g2.com/compare/galileo-fx-vs-tradingview)
- [TradingView vs DEGIRO](https://www.g2.com/compare/degiro-vs-tradingview)
- [TradingView vs Coinbase Prime](https://www.g2.com/compare/coinbase-prime-vs-tradingview)

  ### 6. [IEX](https://www.g2.com/products/iex/reviews)
By IEX
**Average Rating:** 4.6/5
**Total Reviews:** 18
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:
- Better at meeting requirements
- More usable
Categories in common with MetaTrader 5: [Brokerage Trading Platforms](https://www.g2.com/categories/brokerage-trading-platforms)

**Compare:** [MetaTrader 5 vs IEX](https://www.g2.com/compare/iex-vs-henyep-capital-markets-metatrader-5)
**Compare IEX with other alternatives:**
- [IEX vs thinkorswim](https://www.g2.com/compare/iex-vs-thinkorswim)
- [IEX vs eToro](https://www.g2.com/compare/iex-vs-etoro)
- [IEX vs E*Trade Web Platform](https://www.g2.com/compare/e-trade-web-platform-vs-iex)
- [IEX vs Active Trader Pro](https://www.g2.com/compare/active-trader-pro-vs-iex)
- [IEX vs TradingView](https://www.g2.com/compare/iex-vs-tradingview)
- [IEX vs Kite](https://www.g2.com/compare/iex-vs-zerodha-kite)
- [IEX vs Galileo FX](https://www.g2.com/compare/galileo-fx-vs-iex)
- [IEX vs DEGIRO](https://www.g2.com/compare/degiro-vs-iex)
- [IEX vs Coinbase Prime](https://www.g2.com/compare/coinbase-prime-vs-iex)

  ### 7. [Kite](https://www.g2.com/products/zerodha-kite/reviews)
By Zerodha
**Average Rating:** 4.6/5
**Total Reviews:** 41
It's an application/ software to buy sell share market, stocks etc


Reviewers say compared to MetaTrader 5, Kite is:
- More usable
- Better at meeting requirements
- Better at support
Categories in common with MetaTrader 5: [Brokerage Trading Platforms](https://www.g2.com/categories/brokerage-trading-platforms)

**Compare:** [MetaTrader 5 vs Kite](https://www.g2.com/compare/zerodha-kite-vs-henyep-capital-markets-metatrader-5)
**Compare Kite with other alternatives:**
- [Kite vs thinkorswim](https://www.g2.com/compare/zerodha-kite-vs-thinkorswim)
- [Kite vs eToro](https://www.g2.com/compare/zerodha-kite-vs-etoro)
- [Kite vs E*Trade Web Platform](https://www.g2.com/compare/e-trade-web-platform-vs-zerodha-kite)
- [Kite vs Active Trader Pro](https://www.g2.com/compare/active-trader-pro-vs-zerodha-kite)
- [Kite vs TradingView](https://www.g2.com/compare/zerodha-kite-vs-tradingview)
- [Kite vs IEX](https://www.g2.com/compare/iex-vs-zerodha-kite)
- [Kite vs Galileo FX](https://www.g2.com/compare/galileo-fx-vs-zerodha-kite)
- [Kite vs DEGIRO](https://www.g2.com/compare/degiro-vs-zerodha-kite)
- [Kite vs Coinbase Prime](https://www.g2.com/compare/coinbase-prime-vs-zerodha-kite)

  ### 8. [Galileo FX](https://www.g2.com/products/galileo-fx/reviews)
By Orion Software Development Srl
**Average Rating:** 4.5/5
**Total Reviews:** 20
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:
- More usable
- Better at support
- Better at meeting requirements
Categories in common with MetaTrader 5: [Brokerage Trading Platforms](https://www.g2.com/categories/brokerage-trading-platforms)

**Compare:** [MetaTrader 5 vs Galileo FX](https://www.g2.com/compare/galileo-fx-vs-henyep-capital-markets-metatrader-5)
**Compare Galileo FX with other alternatives:**
- [Galileo FX vs thinkorswim](https://www.g2.com/compare/galileo-fx-vs-thinkorswim)
- [Galileo FX vs eToro](https://www.g2.com/compare/galileo-fx-vs-etoro)
- [Galileo FX vs E*Trade Web Platform](https://www.g2.com/compare/e-trade-web-platform-vs-galileo-fx)
- [Galileo FX vs Active Trader Pro](https://www.g2.com/compare/active-trader-pro-vs-galileo-fx)
- [Galileo FX vs TradingView](https://www.g2.com/compare/galileo-fx-vs-tradingview)
- [Galileo FX vs IEX](https://www.g2.com/compare/galileo-fx-vs-iex)
- [Galileo FX vs Kite](https://www.g2.com/compare/galileo-fx-vs-zerodha-kite)
- [Galileo FX vs DEGIRO](https://www.g2.com/compare/degiro-vs-galileo-fx)
- [Galileo FX vs Coinbase Prime](https://www.g2.com/compare/coinbase-prime-vs-galileo-fx)

  ### 9. [DEGIRO](https://www.g2.com/products/degiro/reviews)
By DEGIRO
**Average Rating:** 3.8/5
**Total Reviews:** 12
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
Categories in common with MetaTrader 5: [Brokerage Trading Platforms](https://www.g2.com/categories/brokerage-trading-platforms)

**Compare:** [MetaTrader 5 vs DEGIRO](https://www.g2.com/compare/degiro-vs-henyep-capital-markets-metatrader-5)
**Compare DEGIRO with other alternatives:**
- [DEGIRO vs thinkorswim](https://www.g2.com/compare/degiro-vs-thinkorswim)
- [DEGIRO vs eToro](https://www.g2.com/compare/degiro-vs-etoro)
- [DEGIRO vs E*Trade Web Platform](https://www.g2.com/compare/degiro-vs-e-trade-web-platform)
- [DEGIRO vs Active Trader Pro](https://www.g2.com/compare/active-trader-pro-vs-degiro)
- [DEGIRO vs TradingView](https://www.g2.com/compare/degiro-vs-tradingview)
- [DEGIRO vs IEX](https://www.g2.com/compare/degiro-vs-iex)
- [DEGIRO vs Kite](https://www.g2.com/compare/degiro-vs-zerodha-kite)
- [DEGIRO vs Galileo FX](https://www.g2.com/compare/degiro-vs-galileo-fx)
- [DEGIRO vs Coinbase Prime](https://www.g2.com/compare/coinbase-prime-vs-degiro)

  ### 10. [Coinbase Prime](https://www.g2.com/products/coinbase-prime/reviews)
By Coinbase
**Average Rating:** 4.0/5
**Total Reviews:** 12
Coinbase Prime is a comprehensive prime brokerage platform tailored for institutional investors seeking to engage in the digital asset market. It integrates advanced trading capabilities, secure custody solutions, and diverse financing options into a unified platform, enabling institutions to manage and expand their cryptocurrency portfolios efficiently. With access to over 260 tradable assets and more than 420 custodial assets, Coinbase Prime offers a robust infrastructure designed to meet the complex needs of professional investors. Key Features and Functionality: - Advanced Trading Platform: Utilizes a smart order router to connect clients with multiple high-liquidity exchanges and trading venues, ensuring optimal execution of trading strategies. - Secure Custody Services: Provides a regulated, qualified custodian service for a wide range of digital assets, allowing seamless transitions between offline storage and active trading balances. - Comprehensive Financing Solutions: Offers lending, margin, and shorting services to enhance capital efficiency and support diverse trading strategies in varying market conditions. - Integrated Portfolio Management: Enables efficient management of multiple portfolios with features like sub-accounts, detailed trade cost analysis, and customizable user roles with fine-grained permissions. - Crypto-Native Features: Supports staking and governance participation directly from the platform, allowing institutions to engage actively in the crypto ecosystem. Primary Value and Solutions Provided: Coinbase Prime addresses the unique challenges faced by institutional investors in the cryptocurrency space by offering a secure, efficient, and integrated platform for trading, custody, and financing. It simplifies the complexities of digital asset management through seamless transfers between cold storage and trading balances, access to deep liquidity across multiple venues, and advanced algorithms designed to minimize market impact and slippage. By consolidating essential services into a single platform, Coinbase Prime empowers institutions to execute large-scale trades with confidence, maintain compliance, and optimize their investment strategies in the rapidly evolving digital asset market.


Categories in common with MetaTrader 5: [Brokerage Trading Platforms](https://www.g2.com/categories/brokerage-trading-platforms)

**Compare:** [MetaTrader 5 vs Coinbase Prime](https://www.g2.com/compare/coinbase-prime-vs-henyep-capital-markets-metatrader-5)
**Compare Coinbase Prime with other alternatives:**
- [Coinbase Prime vs thinkorswim](https://www.g2.com/compare/coinbase-prime-vs-thinkorswim)
- [Coinbase Prime vs eToro](https://www.g2.com/compare/coinbase-prime-vs-etoro)
- [Coinbase Prime vs E*Trade Web Platform](https://www.g2.com/compare/coinbase-prime-vs-e-trade-web-platform)
- [Coinbase Prime vs Active Trader Pro](https://www.g2.com/compare/active-trader-pro-vs-coinbase-prime)
- [Coinbase Prime vs TradingView](https://www.g2.com/compare/coinbase-prime-vs-tradingview)
- [Coinbase Prime vs IEX](https://www.g2.com/compare/coinbase-prime-vs-iex)
- [Coinbase Prime vs Kite](https://www.g2.com/compare/coinbase-prime-vs-zerodha-kite)
- [Coinbase Prime vs Galileo FX](https://www.g2.com/compare/coinbase-prime-vs-galileo-fx)
- [Coinbase Prime vs DEGIRO](https://www.g2.com/compare/coinbase-prime-vs-degiro)


## Explore Articles
- [Best workforce management software for a small business](https://www.g2.com/discussions/best-workforce-management-software-for-a-small-business)
- [Best tools for real-time email engagement alerts](https://www.g2.com/discussions/what-are-the-best-tools-for-real-time-email-engagement-alerts)
- [What are some enterprise information archiving tools with fast eDiscovery search and easy export for regulatory audits?](https://www.g2.com/discussions/what-are-some-enterprise-information-archiving-tools-with-fast-ediscovery-search-and-easy-export-for-regulatory-audits )
- [Best SAP apps for small businesses](https://www.g2.com/discussions/best-sap-apps-for-small-businesses)
- [Are there APIs or webhooks available for integrating SaaS management data with other IT systems (e.g., SIEM, ITSM, HRIS)?](https://www.g2.com/discussions/are-there-apis-or-webhooks-available-for-integrating-saas-management-data-with-other-it-systems-e-g-siem-itsm-hris)
- [Top EDI service providers for retail industry](https://www.g2.com/discussions/who-are-the-top-edi-service-providers-for-the-retail-industry)

## Spotlight Categories
- [Applicant Tracking Systems (ATS)](https://www.g2.com/categories/applicant-tracking-systems-ats)
- [Restaurant POS Systems](https://www.g2.com/categories/restaurant-pos)
- [Demo Automation Software](https://www.g2.com/categories/demo-automation)