# Top 10 MetaTrader 5 Alternatives & Competitors **Average Rating:** 4.0/5 **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 TradingView. Other similar apps like MetaTrader 5 are eToro, thinkorswim, E\*Trade Web Platform, and Active Trader Pro. 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 - [TradingView](https://www.g2.com/products/tradingview/reviews) - [eToro](https://www.g2.com/products/etoro/reviews) - [thinkorswim](https://www.g2.com/products/thinkorswim/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) - [Kite](https://www.g2.com/products/zerodha-kite/reviews) - [DEGIRO](https://www.g2.com/products/degiro/reviews) - [Galileo FX](https://www.g2.com/products/galileo-fx/reviews) - [TT Platform](https://www.g2.com/products/tt-platform/reviews) - [IEX](https://www.g2.com/products/iex/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, Investment Banking, and Research, and find the best product for your business. ### 1. [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 support - More usable - Easier to set up 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/metatrader-5-vs-tradingview) **Compare TradingView with other alternatives:** - [TradingView vs eToro](https://www.g2.com/compare/tradingview-vs-etoro) - [TradingView vs thinkorswim](https://www.g2.com/compare/tradingview-vs-thinkorswim) - [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 Kite](https://www.g2.com/compare/zerodha-kite-vs-tradingview) - [TradingView vs DEGIRO](https://www.g2.com/compare/degiro-vs-tradingview) - [TradingView vs Galileo FX](https://www.g2.com/compare/galileo-fx-vs-tradingview) - [TradingView vs TT Platform](https://www.g2.com/compare/tt-platform-vs-tradingview) - [TradingView vs IEX](https://www.g2.com/compare/iex-vs-tradingview) ### 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/metatrader-5-vs-etoro) **Compare eToro with other alternatives:** - [eToro vs TradingView](https://www.g2.com/compare/tradingview-vs-etoro) - [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 Kite](https://www.g2.com/compare/zerodha-kite-vs-etoro) - [eToro vs DEGIRO](https://www.g2.com/compare/degiro-vs-etoro) - [eToro vs Galileo FX](https://www.g2.com/compare/galileo-fx-vs-etoro) - [eToro vs TT Platform](https://www.g2.com/compare/tt-platform-vs-etoro) - [eToro vs IEX](https://www.g2.com/compare/iex-vs-etoro) ### 3. [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/metatrader-5-vs-thinkorswim) **Compare thinkorswim with other alternatives:** - [thinkorswim vs TradingView](https://www.g2.com/compare/tradingview-vs-thinkorswim) - [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 Kite](https://www.g2.com/compare/zerodha-kite-vs-thinkorswim) - [thinkorswim vs DEGIRO](https://www.g2.com/compare/degiro-vs-thinkorswim) - [thinkorswim vs Galileo FX](https://www.g2.com/compare/galileo-fx-vs-thinkorswim) - [thinkorswim vs TT Platform](https://www.g2.com/compare/tt-platform-vs-thinkorswim) - [thinkorswim vs IEX](https://www.g2.com/compare/iex-vs-thinkorswim) ### 4. [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. Reviewers say compared to MetaTrader 5, E*Trade Web Platform is: - Better at support 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-metatrader-5) **Compare E*Trade Web Platform with other alternatives:** - [E*Trade Web Platform vs TradingView](https://www.g2.com/compare/e-trade-web-platform-vs-tradingview) - [E*Trade Web Platform vs eToro](https://www.g2.com/compare/e-trade-web-platform-vs-etoro) - [E*Trade Web Platform vs thinkorswim](https://www.g2.com/compare/e-trade-web-platform-vs-thinkorswim) - [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 Kite](https://www.g2.com/compare/e-trade-web-platform-vs-zerodha-kite) - [E*Trade Web Platform vs DEGIRO](https://www.g2.com/compare/degiro-vs-e-trade-web-platform) - [E*Trade Web Platform vs Galileo FX](https://www.g2.com/compare/e-trade-web-platform-vs-galileo-fx) - [E*Trade Web Platform vs TT Platform](https://www.g2.com/compare/e-trade-web-platform-vs-tt-platform) - [E*Trade Web Platform vs IEX](https://www.g2.com/compare/e-trade-web-platform-vs-iex) ### 5. [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 support - More usable - 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 Active Trader Pro](https://www.g2.com/compare/active-trader-pro-vs-metatrader-5) **Compare Active Trader Pro with other alternatives:** - [Active Trader Pro vs TradingView](https://www.g2.com/compare/active-trader-pro-vs-tradingview) - [Active Trader Pro vs eToro](https://www.g2.com/compare/active-trader-pro-vs-etoro) - [Active Trader Pro vs thinkorswim](https://www.g2.com/compare/active-trader-pro-vs-thinkorswim) - [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 Kite](https://www.g2.com/compare/active-trader-pro-vs-zerodha-kite) - [Active Trader Pro vs DEGIRO](https://www.g2.com/compare/active-trader-pro-vs-degiro) - [Active Trader Pro vs Galileo FX](https://www.g2.com/compare/active-trader-pro-vs-galileo-fx) - [Active Trader Pro vs TT Platform](https://www.g2.com/compare/active-trader-pro-vs-tt-platform) - [Active Trader Pro vs IEX](https://www.g2.com/compare/active-trader-pro-vs-iex) ### 6. [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 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 Kite](https://www.g2.com/compare/zerodha-kite-vs-metatrader-5) **Compare Kite with other alternatives:** - [Kite vs TradingView](https://www.g2.com/compare/zerodha-kite-vs-tradingview) - [Kite vs eToro](https://www.g2.com/compare/zerodha-kite-vs-etoro) - [Kite vs thinkorswim](https://www.g2.com/compare/zerodha-kite-vs-thinkorswim) - [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 DEGIRO](https://www.g2.com/compare/degiro-vs-zerodha-kite) - [Kite vs Galileo FX](https://www.g2.com/compare/galileo-fx-vs-zerodha-kite) - [Kite vs TT Platform](https://www.g2.com/compare/zerodha-kite-vs-tt-platform) - [Kite vs IEX](https://www.g2.com/compare/iex-vs-zerodha-kite) ### 7. [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 - Better at support 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-metatrader-5) **Compare DEGIRO with other alternatives:** - [DEGIRO vs TradingView](https://www.g2.com/compare/degiro-vs-tradingview) - [DEGIRO vs eToro](https://www.g2.com/compare/degiro-vs-etoro) - [DEGIRO vs thinkorswim](https://www.g2.com/compare/degiro-vs-thinkorswim) - [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 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 TT Platform](https://www.g2.com/compare/degiro-vs-tt-platform) - [DEGIRO vs IEX](https://www.g2.com/compare/degiro-vs-iex) ### 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: - Better at support - More usable - Easier to set up 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-metatrader-5) **Compare Galileo FX with other alternatives:** - [Galileo FX vs TradingView](https://www.g2.com/compare/galileo-fx-vs-tradingview) - [Galileo FX vs eToro](https://www.g2.com/compare/galileo-fx-vs-etoro) - [Galileo FX vs thinkorswim](https://www.g2.com/compare/galileo-fx-vs-thinkorswim) - [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 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 TT Platform](https://www.g2.com/compare/galileo-fx-vs-tt-platform) - [Galileo FX vs IEX](https://www.g2.com/compare/galileo-fx-vs-iex) ### 9. [TT Platform](https://www.g2.com/products/tt-platform/reviews) By Trading Technologies **Average Rating:** 4.5/5 **Total Reviews:** 3 TT Platform is designed to optimize user's trading through a comprehensive set of tools Categories in common with MetaTrader 5: [Brokerage Trading Platforms](https://www.g2.com/categories/brokerage-trading-platforms) **Compare:** [MetaTrader 5 vs TT Platform](https://www.g2.com/compare/metatrader-5-vs-tt-platform) **Compare TT Platform with other alternatives:** - [TT Platform vs TradingView](https://www.g2.com/compare/tt-platform-vs-tradingview) - [TT Platform vs eToro](https://www.g2.com/compare/tt-platform-vs-etoro) - [TT Platform vs thinkorswim](https://www.g2.com/compare/tt-platform-vs-thinkorswim) - [TT Platform vs E*Trade Web Platform](https://www.g2.com/compare/e-trade-web-platform-vs-tt-platform) - [TT Platform vs Active Trader Pro](https://www.g2.com/compare/active-trader-pro-vs-tt-platform) - [TT Platform vs Kite](https://www.g2.com/compare/zerodha-kite-vs-tt-platform) - [TT Platform vs DEGIRO](https://www.g2.com/compare/degiro-vs-tt-platform) - [TT Platform vs Galileo FX](https://www.g2.com/compare/galileo-fx-vs-tt-platform) - [TT Platform vs IEX](https://www.g2.com/compare/iex-vs-tt-platform) ### 10. [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: - More usable - Better at meeting requirements - Easier to set up 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-metatrader-5) **Compare IEX with other alternatives:** - [IEX vs TradingView](https://www.g2.com/compare/iex-vs-tradingview) - [IEX vs eToro](https://www.g2.com/compare/iex-vs-etoro) - [IEX vs thinkorswim](https://www.g2.com/compare/iex-vs-thinkorswim) - [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 Kite](https://www.g2.com/compare/iex-vs-zerodha-kite) - [IEX vs DEGIRO](https://www.g2.com/compare/degiro-vs-iex) - [IEX vs Galileo FX](https://www.g2.com/compare/galileo-fx-vs-iex) - [IEX vs TT Platform](https://www.g2.com/compare/iex-vs-tt-platform) ## Explore Articles - [Best sales performance management software for small business](https://www.g2.com/discussions/best-sales-performance-management-software-for-small-business) - [Best app for company reputation management](https://www.g2.com/discussions/what-s-the-best-app-for-company-reputation-management) - [Top-rated customer success tools for mobile app businesses](https://www.g2.com/discussions/top-rated-customer-success-tools-for-mobile-app-businesses) - [Top job search websites for technology jobs](https://www.g2.com/discussions/top-job-search-websites-for-technology-jobs) - [Best IAM software for enterprise security](https://www.g2.com/discussions/can-you-recommend-the-best-identity-and-access-management-software-for-enterprise-security) - [What platform provides workflow automation for recruitment teams?](https://www.g2.com/discussions/what-platform-provides-workflow-automation-for-recruitment-teams) ## Spotlight Categories - [Low-Code Development Platforms](https://www.g2.com/categories/low-code-development-platforms) - [Digital Signage Software](https://www.g2.com/categories/digital-signage) - [Account-Based Orchestration Platforms](https://www.g2.com/categories/account-based-orchestration-platforms)