--- title: MetaTrader 5 Reviews meta_title: 'MetaTrader 5 Reviews 2026: Details, Pricing, & Features | G2' meta_description: Filter 19 reviews by the users' company size, role or industry to find out how MetaTrader 5 works for a business like yours. aggregate_rating: rating_value: 4.3 review_count: 19 scale: '5' date_modified: '2026-07-12' parent_category: name: Financial Services url: https://www.g2.com/categories/financial-services --- # MetaTrader 5 Reviews **Vendor:** Henyep Capital Markets **Category:** [Brokerage Trading Platforms](https://www.g2.com/categories/brokerage-trading-platforms) **Average Rating:** 4.3/5.0 **Total Reviews:** 19 ## About MetaTrader 5 MetaTrader 5 (MT5) is a comprehensive multi-asset trading platform developed by MetaQuotes, designed to facilitate trading across various financial markets, including Forex, stocks, and futures. It offers a robust suite of tools for technical and fundamental analysis, algorithmic trading, and copy trading, catering to both novice and experienced traders. Key Features and Functionality: - Flexible Trading System: MT5 supports both netting and hedging order accounting systems, providing versatility in trading strategies. It offers four order execution modes—Instant, Request, Market, and Exchange execution—and supports all types of trade orders, including market, pending, stop orders, and trailing stop. - Advanced Technical Analysis: The platform allows users to open up to 100 charts simultaneously, with 21 timeframes available for detailed analysis. It includes over 80 technical indicators and analytical tools, enabling comprehensive market analysis. - Fundamental Analysis Tools: MT5 integrates news reports from international news agencies and features an economic calendar, assisting traders in making informed decisions based on macroeconomic indicators. - Algorithmic Trading: Utilizing the MQL5 programming language, traders can develop, test, and apply Expert Advisors (EAs) and trading robots, automating trading strategies for enhanced efficiency. - MetaTrader Market: The platform provides access to the MetaTrader Market, the largest online store of trading applications, where users can purchase or rent trading robots, technical indicators, and scripts to enhance their trading experience. Primary Value and User Solutions: MetaTrader 5 addresses the needs of traders seeking a versatile and powerful trading platform that supports a wide range of financial instruments. Its advanced analytical tools, combined with algorithmic trading capabilities, enable users to develop and implement complex trading strategies. The integration of fundamental analysis resources ensures traders have access to timely market information, aiding in informed decision-making. Additionally, the platform's support for copy trading allows users to replicate the trades of successful traders, providing opportunities for learning and potential profit without extensive market experience. By offering a comprehensive suite of tools and features, MetaTrader 5 empowers traders to navigate the complexities of global financial markets effectively. ## MetaTrader 5 Reviews ### 1. MT5: Trading industry standard **Rating:** 4.0/5.0 stars **Reviewed by:** Luca P. | Chief Operations Officer DEQUA Studio | Formerly CTO in MarTech, Marketing and Advertising, Small-Business (50 or fewer emp.) **Reviewed Date:** August 08, 2025 **What do you like best about MetaTrader 5?** • Multi‑asset coverage in a single terminal across Forex, stocks, and futures, with centralized exchange connectivity in addition to OTC markets. • Two position accounting systems: netting for exchange‑traded assets and hedging for Forex, both available side by side for different account types. • Full order set including market, pending, and stop orders, plus Trailing Stop; execution modes include Instant, Request, Market, and Exchange execution for broker flexibility. • Depth of Market with one‑click operations and direct management of stop levels from the Market Depth ladder. • Solid built‑in technical analysis: 30 core indicators and 24 graphical objects in the standard client, with 3 chart types and 9 timeframes readily accessible for fast setup. • Web terminal parity is strong for a browser client; it supports order placement, Market Depth, the standard indicator set, and touch‑friendly UI across macOS, Linux, and Windows without installing local software. • Ecosystem breadth remains a key strength: broker connectivity at scale, APIs for extension, and dealer/risk management features on the broker side that underpin its “market standard” status. • Release cadence and feature evolution are active; the platform keeps adding performance, testing, and analytics enhancements through ongoing updates. • Compared with MT4, expanded pending order types, DoM, and broader market support are meaningful technical upgrades; MT5 is architected for multi‑asset workflows rather than only retail FX. • Mobile coverage on iOS offers real‑time quotes, the complete order set, DoM, 30 indicators, 24 objects, and synchronized notifications, which keeps the workflow consistent when away from the desktop. **What do you dislike about MetaTrader 5?** • On macOS, stability is inconsistent compared to Windows; I have encountered launch issues and crash behavior tied to the wrapped/compatibility layer approach, especially around major macOS updates like Sonoma. • Despite messaging that simplifies installation on macOS via a special installer, the underlying implementation is not a true native macOS binary for Apple Silicon; it relies on virtualization or emulation layers, which can impact reliability, performance, and compatibility during OS transitions. • Compared to MT4’s lean requirements, MT5’s richer feature set and testing capabilities imply higher system demands, and resource usage can feel heavier on lower‑spec machines or multi‑chart, multi‑symbol workspaces. **What problems is MetaTrader 5 solving and how is that benefiting you?** MetaTrader 5 delivers a comprehensive, multi‑asset terminal with strong order controls, Market Depth, and a mature ecosystem that continues to be the de facto standard alongside MT4 on the retail side. On macOS, the experience is workable but can be unstable due to the non‑native implementation, especially around major OS releases, and the most reliable path for heavy usage remains a Windows layer like Parallels or falling back to the web terminal in a pinch. For desks that value DoM, broader pending orders, and exchange connectivity, MT5 is the right choice; for ultra‑lean FX workflows with legacy code, MT4 still earns its keep, and together they define the trading stack many brokers and traders expect to find by default. ### 2. Metatrader 4 is almost a standard in the Forex trading industry **Rating:** 3.0/5.0 stars **Reviewed by:** Andrés F. | Propietario, Small-Business (50 or fewer emp.) **Reviewed Date:** April 18, 2023 **What do you like best about MetaTrader 5?** Do everything necessary to set up trading operations and manage them. **What do you dislike about MetaTrader 5?** It is a limited, almost basic software that seems well designed to prevent the trader from having the necessary tools to beat the market without having to resort to other platforms or addons. **What problems is MetaTrader 5 solving and how is that benefiting you?** The software allows you to open, manage, and close operations, but in a limited way. ### 3. Awesome Platform to Investor and Trader **Rating:** 5.0/5.0 stars **Reviewed by:** Srikanth S. | Talent Acquisition Specialist, Small-Business (50 or fewer emp.) **Reviewed Date:** November 03, 2021 **What do you like best about MetaTrader 5?** The best trading platform ever, and the most likely part is the performance of the mobile application, and first, we can learn with a demo account which is great for new beginners in trading. We can keep our wishlist and segregate our funds accordingly. **What do you dislike about MetaTrader 5?** Sometimes charts are not clear and adjustable for the trading view. Sometimes the application is gets stuck and frequently hangs with the mobile application. It takes a long time to login into the account. Appreance and fonts should be updated according to the user. **Recommendations to others considering MetaTrader 5:** Best application or software to switch, You can practise your trading with the demo account aswell, Very userfriednly and can easily understand about the options in the application, Will sure recommend this software within my circle and my friends 100% **What problems is MetaTrader 5 solving and how is that benefiting you?** Great platform to learn about trading with the demo account. Every time the application gets new versions and makes it user-friendly. I love Trading signals the most; because of this, we can make our profits safe. All signals are getting in notifications that I like the most, and I am getting much more benefits. ### 4. fast, general live feed, very easy to use **Rating:** 3.5/5.0 stars **Reviewed by:** Peter B. | Risk Associate, Small-Business (50 or fewer emp.) **Reviewed Date:** April 13, 2023 **What do you like best about MetaTrader 5?** Fast, easy to use, wide range of products, no slippage, clear **What do you dislike about MetaTrader 5?** old, alerts are very noisy,laggy sometimes **What problems is MetaTrader 5 solving and how is that benefiting you?** wide live feed that allowed clients to trade commodities, cfds and currencies in 1 unified platform ### 5. Excellent platform for e-commerce **Rating:** 5.0/5.0 stars **Reviewed by:** Evan B. | Financial Trader, Mid-Market (51-1000 emp.) **Reviewed Date:** September 30, 2021 **What do you like best about MetaTrader 5?** MT4 makes it easy for us to open, close, and maintain operations in real-time without delays or errors in execution. This software is lightweight and adapts quite well to our mobile and portable device. It also has easy integration with the VPS service when it comes to performing operations on autopilot. **What do you dislike about MetaTrader 5?** The only limitation I have had is using only the MQL programming language to create our robots and indicators. **Recommendations to others considering MetaTrader 5:** MetaTrader 4 is an excellent software for electronic commerce that facilitates the process of buying and selling assets, currencies, and speculative goods. It has a massive community of users willing to generate help and suggestions and is preferred by the leading brokers in the market. **What problems is MetaTrader 5 solving and how is that benefiting you?** MT4 provides us with the necessary tools to create a professional technical analysis and benefit from the market's daily fluctuations where we are speculating. ### 6. The best platform for trading **Rating:** 4.5/5.0 stars **Reviewed by:** juan carlos p. | analista de soporte, Small-Business (50 or fewer emp.) **Reviewed Date:** May 29, 2020 **What do you like best about MetaTrader 5?** * It is a free tool, with a minimum investment. * provides sufficient instruments to carry out the market analysis * Analytical charts can be configured according to the ease of interpretation that you have as a broker. * There are a good number of feedback pages to clear doubts or enhance contributions **What do you dislike about MetaTrader 5?** During the time that I have been doing trader operations with metatrader 4 I have not found a significant disadvantage, it has been an excellent tool **Recommendations to others considering MetaTrader 5:** It is a platform with very good instruments for trading, however you must have some basic knowledge or enter with the demo account to know the platform well **What problems is MetaTrader 5 solving and how is that benefiting you?** The minimum investment, allows me to carry out operations within my economic capacities, achieving with the help of the measurement instruments and the forums, a good performance in the operations that I carry out. ### 7. Easy to use and informative **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.) **Reviewed Date:** March 18, 2021 **What do you like best about MetaTrader 5?** It's making my trading easier. I can add many indicaters. **What do you dislike about MetaTrader 5?** I don't know how much I'm spending to buy lot size **What problems is MetaTrader 5 solving and how is that benefiting you?** I have handling my trading hustle free and mobile app is very useful too ### 8. Reviewing the META 4 TRADER APP **Rating:** 4.5/5.0 stars **Reviewed by:** Devasheesh S. | Senior Associate Quality Control, Small-Business (50 or fewer emp.) **Reviewed Date:** August 18, 2020 **What do you like best about MetaTrader 5?** Simple UI without any non user friendly interface. It is faster ,smarter and quicker which adds it feasibility feature for a layman trader **What do you dislike about MetaTrader 5?** Sometimes due to network issue it takes time to login or open but that can be managed **Recommendations to others considering MetaTrader 5:** If you want a fast and hassle free trading app ,META TRADER 4 COMES handy. It meets all basic needs for somebody new to the forex markets. **What problems is MetaTrader 5 solving and how is that benefiting you?** Copy trading is it's best feature and the various indicators on the app are adding extra value to the app ### 9. MetaTrader 4 **Rating:** 5.0/5.0 stars **Reviewed by:** Luis Guillermo C. | Analista de infraestructura TI, Mid-Market (51-1000 emp.) **Reviewed Date:** April 30, 2020 **What do you like best about MetaTrader 5?** it is a trading platform for investing in stocks, I like it because I can analyze the market and I have advice from expert people who are always in the chat helping others, I like that it has integration with all the operating systems on the market **What do you dislike about MetaTrader 5?** I don't like that for the Mac operating system, it is very slow in closing positions. **What problems is MetaTrader 5 solving and how is that benefiting you?** With this, I have several incomes and I have been able to bring projects forward with this investment. The trading signals and the market are additional services that expand the functionality of MetaTrader 4 to new horizons. The signals allow you to automatically copy the trades of other traders. And in the market, you can buy trading robots and technical indicators. ### 10. Trading Evolution **Rating:** 4.0/5.0 stars **Reviewed by:** Pradeep P. | Small-Business (50 or fewer emp.) **Reviewed Date:** June 26, 2020 **What do you like best about MetaTrader 5?** Perfect Handy tool for Foreign Exchange needs **What do you dislike about MetaTrader 5?** Few interfaces is a bit confusing and also this can be avoid by frequent use of the options **Recommendations to others considering MetaTrader 5:** We can avoid the common and frequent errors while using MT4 on the trading platform and it is a one step solutions to most of the common trading errors. **What problems is MetaTrader 5 solving and how is that benefiting you?** i can solve the common error in the trading platform and we can avoid that with MT4 ### 11. Best Platform for forex trade **Rating:** 4.5/5.0 stars **Reviewed by:** Pritish k. | Core Team Lead, Mid-Market (51-1000 emp.) **Reviewed Date:** June 09, 2020 **What do you like best about MetaTrader 5?** News data that available is best, You can get news data and analysis report directly here **What do you dislike about MetaTrader 5?** Its separate coding language, you need to have knowledge of C++ so that you can use its coding language to code your trading algorithm. They should provide other languages for trading purpose **Recommendations to others considering MetaTrader 5:** You can use it with demo account for forex trading and it is easy to make **What problems is MetaTrader 5 solving and how is that benefiting you?** I am doing demo trading on meta trader to test my algorithm ### 12. Best Fx Platform **Rating:** 5.0/5.0 stars **Reviewed by:** Melih A. | melih aslan, Small-Business (50 or fewer emp.) **Reviewed Date:** August 29, 2019 **What do you like best about MetaTrader 5?** I used many company for trade everything changed but i always use MetaTrader 4, it is eligible for every company i think it is the best platform for fx. You can use it easily, for example using stop/loss is very easy. And metatrader gives many opportunity, you can use webtrader or directly app and you can use on phone even if you use iphone :) **What do you dislike about MetaTrader 5?** I hate notification sounds i don't want to close the notification's sound but i have to **Recommendations to others considering MetaTrader 5:** Metatrader 4 is perfect platform for who interest financial markets. It is useful and priceless and you can connect it freely. I never lived any problem with meta trader 4 i can suggest it for everyone. **What problems is MetaTrader 5 solving and how is that benefiting you?** I used MetaTrader as i said for all my fx process, i opened many orders in metatrader and you can make chart thanks to metatrader 4 ### 13. broker platform **Rating:** 4.5/5.0 stars **Reviewed by:** Hector H. | Director musical, Small-Business (50 or fewer emp.) **Reviewed Date:** August 15, 2019 **What do you like best about MetaTrader 5?** It is ideal for those who start in the world of the commercialization of world currencies, such as forex markets, stocks among others, I really like the ease of use of this platform, although I am already using the updated platform (5), the same to the previous one with some updates, very easy to use and accessible with other brokers, that makes it even better, really worth it and saves you a lot of time. **What do you dislike about MetaTrader 5?** What I do not like is its image, it is very old and the working format is very deep, I imagine that it is so that the program is lighter and does not generate delays for marketing operations, however it would not be bad a good presentation and more elegance within the system, also give a more simple touch to the operations, also give accessories as others do in this way will attract more attention and you will have more users **Recommendations to others considering MetaTrader 5:** This brokers unifies them, I hope I can explain myself well, you have to keep in mind that there are many portals, and here you can join them taking into account that not everyone opens the same markets but the functions and skills are the same. **What problems is MetaTrader 5 solving and how is that benefiting you?** Solve the problem of using many brokers, since he unifies them, gives you the opportunity to link them and have them in one place, that's great because I open different accounts on the same platform. ### 14. Easy to use but limited functionality **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Investment Banking | Small-Business (50 or fewer emp.) **Reviewed Date:** June 20, 2020 **What do you like best about MetaTrader 5?** Omnichannel, real-time reporting, Mobile app **What do you dislike about MetaTrader 5?** Bad UI experience, it could be more friendly **What problems is MetaTrader 5 solving and how is that benefiting you?** Have better peers in our ETF's investments. ### 15. Indispensable tool for all investors **Rating:** 3.5/5.0 stars **Reviewed by:** Douglas Alexandre L. | Developer, Small-Business (50 or fewer emp.) **Reviewed Date:** March 14, 2019 **What do you like best about MetaTrader 5?** -3 ways to perform brokerage operations: Market, Instant, Order -9 steps for any financial instruments -Dozens of analytical tools -Colorful graphics -Tables and graphs -Manual graphics -Technical Analysis: 30 built-in indicators -MetaNotations Language 4 **What do you dislike about MetaTrader 5?** Some features could be improved / added, such as charts and more advanced analysis tools, and a long time to negotiate, from 2 minutes to 8 hours. I would also expect other means of brokerage, and this means both in terms of instruments and methodologies in the market. **Recommendations to others considering MetaTrader 5:** Metatrader is an indispensable tool for both experienced investors and beginners. With it, you will not have to spend more hours in front of your computer, doing manual projections and simulations - everything will be done in a few clicks. **What problems is MetaTrader 5 solving and how is that benefiting you?** Meta Trader 4 has an impressive range of indicators and allows the creation of measurement indicators. With this I am able to create my own strategies to tackle the market. ### 16. Convenientr trading **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Writing and Editing | Small-Business (50 or fewer emp.) **Reviewed Date:** September 14, 2019 **What do you like best about MetaTrader 5?** It is quite easy to trade on this app and very easy to use. The demo account feature is quite good to reduce trading risks **What do you dislike about MetaTrader 5?** It is hard to read signals and trading charts for forex when network is bad. **Recommendations to others considering MetaTrader 5:** Convenient for trading and easy for beginners **What problems is MetaTrader 5 solving and how is that benefiting you?** It has reduced risk of trading and has made trading quite easy for me to trade, even as a beginner. ### 17. Excellent tool for expert scalpers **Rating:** 4.0/5.0 stars **Reviewed by:** Douglas L. | Financial Analyst, Small-Business (50 or fewer emp.) **Reviewed Date:** March 08, 2019 **What do you like best about MetaTrader 5?** - MQL4 programming language is perfect for creating robots to operate in Forex and other financial markets. - Intuitive and user friendly platform - Runs as a desktop software, but can also be accessed from a good variety of platforms including IOS, Android, Mac and Windows. - Encryption protocol provides high level of security **What do you dislike about MetaTrader 5?** - The programming language used in this version 4 is different to that used in the MetaTrader 5 trading platform. - The functionality for back-tests doesn't have a high-quality historical data. - Sometimes it has a slow execution. It seems that it's a fair broker manipulation of the platform. **Recommendations to others considering MetaTrader 5:** Compare prices and all features carefully to decide whether to use version 4 or 5. An upgrade is very difficult for the EAs (Expert Advisors) because the language in version 5 has been redesigned and requires a recreation of the scripts and strategies. **What problems is MetaTrader 5 solving and how is that benefiting you?** We're able to develop efficient robots with MQL4 and have real benefits during the day-to-day operations. We can have add-on programs to transform it into a trading simulator, which brings benefits for testing before moving into action. ### 18. Metatrade 4 is the best **Rating:** 5.0/5.0 stars **Reviewed by:** Reza K. | Day Trader, Financial Services, Small-Business (50 or fewer emp.) **Reviewed Date:** June 03, 2019 **What do you like best about MetaTrader 5?** One of the best forex trading platform indeed **What do you dislike about MetaTrader 5?** Charts can not load customize templates which is really helpful **What problems is MetaTrader 5 solving and how is that benefiting you?** Makes opening and closing trades easier ### 19. Easy trading **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** May 10, 2019 **What do you like best about MetaTrader 5?** It’s easy, simple to trade currencies, metals, and bitcoin. Has some features to use with the charts and we can trade directly from the chart. **What do you dislike about MetaTrader 5?** It’s not compatible with Mac OS. To use it with Mac we have to install a virtual machine, which sometimes makes it slow. **Recommendations to others considering MetaTrader 5:** No recommendations. It’s a good trading software. **What problems is MetaTrader 5 solving and how is that benefiting you?** I just use for trading. The mobile app is also very useful. ## MetaTrader 5 Discussions - [How can I integrate it with the native apps?](https://www.g2.com/discussions/30705-how-can-i-integrate-it-with-the-native-apps) - 1 comment, 1 upvote - [Time frames.](https://www.g2.com/discussions/13720-time-frames) - 1 comment, 1 upvote - [Is MetaTrader 4 a good trading platform?](https://www.g2.com/discussions/is-metatrader-4-a-good-trading-platform) - 2 comments - [What are the benefits of MT4?](https://www.g2.com/discussions/what-are-the-benefits-of-mt4) - 1 comment - [View MetaTrader 5 pricing details and edition comparison](https://www.g2.com/products/henyep-capital-markets-metatrader-5/reviews?section=pricing&secure%5Bexpires_at%5D=2026-07-17+07%3A48%3A31+-0500&secure%5Bsession_id%5D=58f6fbff-0e68-49b1-9d0a-f96e5bc64352&secure%5Btoken%5D=c709624499617181f9f2319ea8362763352dd167e7d518f334c08f801b6b0acf&format=llm_user) ## MetaTrader 5 Features **Market Intelligence** - Digital Transactions - Brokerage Trading Platforms - Analytics Tools - Brokerage Trading Platforms - Market Tailoring - Brokerage Trading Platforms - Market Intelligence - Brokerage Trading Platforms **Trading Operations** - Intermediary - Brokerage Trading Platforms - Security - Brokerage Trading Platforms - Trades Automation - Brokerage Trading Platforms - Real-Time Price Feeds - Brokerage Trading Platforms **Agentic AI - Brokerage Trading Platforms** - Autonomous Task Execution - Multi-step Planning ## Top MetaTrader 5 Alternatives - [thinkorswim](https://www.g2.com/products/thinkorswim/reviews) - 4.0/5.0 (30 reviews) - [eToro](https://www.g2.com/products/etoro/reviews) - 3.6/5.0 (27 reviews) - [E*Trade Web Platform](https://www.g2.com/products/e-trade-web-platform/reviews) - 4.0/5.0 (24 reviews)