MetaTrader 5 Reviews & Product Details

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.

Seller

Henyep Capital Markets

Discussions

MetaTrader 5 Community

Solution Type

All-in-One

Value at a Glance

Averages based on real user reviews.

Perceived Cost

$$$$$

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User Insights

Average based on 36 real user reviews.

Perceived Cost

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Favour G.

Customer Service Advisor

Small-Business (50 or fewer emp.)

9/18/2026

"Free, Easy-to-Navigate Trading That’s Reliable and Efficient"

5/5

What do you like best about MetaTrader 5?

I like that using is free, no subscriptions, I like how easy it is use and really easy to navigate, makes trading very easy for me, it is also reliable and efficient to use. Any one can easily sign up easily Review collected by and hosted on G2.com.

What do you dislike about MetaTrader 5?

I don't like that it cannot be used offline, that someone has to be connected to internet Review collected by and hosted on G2.com.

What problems is MetaTrader 5 solving and how is that benefiting you?

MetaTrader 5 has made my trading journey much easier. It works well across different trading setups, whether I’m using a live account or a prop firm. It’s also easy to search for and find the trading platform I want. It has been my go-to since I started trading, and that hasn’t changed. I also like that it supports trading bots, which you could say use some kind of AI intelligence to trade automatically. Review collected by and hosted on G2.com.

Ismāīl L.

Energy Engineer & Financial Data Analyst | AI & Automation

Small-Business (50 or fewer emp.)

7/12/2026

"Reliable MT5 Trading on Mobile and Desktop"

4.5/5

What do you like best about MetaTrader 5?

Works great on both mobile and desktop, execution is reliable and consistent between the two. Being able to check and manage positions from my phone when I am not at the desk is genuinely useful for how I trade. Review collected by and hosted on G2.com.

What do you dislike about MetaTrader 5?

With AI able to interact directly now, I think MT5 could let users set their strictest risk rules upfront and have an AI enforce them automatically, so you are always protected from your own impulsive trades instead of relying purely on willpower in the moment. Review collected by and hosted on G2.com.

Jenom N.

Co-founder

Small-Business (50 or fewer emp.)

3/2/2026

"The Best Multi-Asset Trading Platform With Full Automation"

5/5

What do you like best about MetaTrader 5?

MetaTrader 5 is the most impressive trading platform worldwide, with its ease of use across different asset classes. Iit runs stocks, futures, and forex with high efficiency. The built-in MQL5 development environment is incredibly powerful for creating custom Expert Advisors (EAs) and technical indicators. I love the advanced strategy tester, which allows for back-testing, making it much faster to optimize automated trading systems compared to other platforms. Review collected by and hosted on G2.com.

What do you dislike about MetaTrader 5?

The macOS version of MT5 is not so user-friendly, and its stability can be inconsistent compared to the native Windows application. Sometimes it needs a Wine wrapper or virtual machine for a flawless user experience. Review collected by and hosted on G2.com.

What problems is MetaTrader 5 solving and how is that benefiting you?

MetaTrader 5 solves the need for multiple platforms to trade different financial markets. It allows us to manage our full portfolios of trading instruments in one place. The ability to run 24/5 automated scripts on a VPS has completely changed our trading workflow, removing the need for constant monitoring of the markets. Review collected by and hosted on G2.com.

Ankur V.

Assistant VP

Small-Business (50 or fewer emp.)

5/6/2026

"MT5 MultiTrader"

4/5

What do you like best about MetaTrader 5?

Detailed analysis, multi product support, advanced algorithm system. Helps trading in different products at same time. Review collected by and hosted on G2.com.

What do you dislike about MetaTrader 5?

Not easy to learn and use for most users. Good amount of training and cost involved in using the platform. Extra features can sometimes be overwhelming. Review collected by and hosted on G2.com.

Luca P.

Chief Operations Officer DEQUA Studio | Formerly CTO in MarTech

Marketing and Advertising

Small-Business (50 or fewer emp.)

7/23/2025

"Advanced multi-asset trading platform"

4.5/5

What do you like best about MetaTrader 5?

• Broad asset coverage: MT5 handles Forex, equities, indices, commodities and crypto-CFDs in one terminal, so I can analyse correlated markets side-by-side without switching platforms.

• 21 time-frames & 100 simultaneous charts let me drill from tick data to monthly structure and keep multiple instruments open while scanning for setups.

• Fast multi-threaded Strategy Tester shortens optimisation cycles; I routinely back-test EAs across several symbols in parallel and get results hours faster than on MT4.

• Integrated MQL5 marketplace (robots, custom indicators, VPS, copy-trading signals) means I can extend the terminal without third-party installers and keep everything under a single login.

• Economic calendar and news feed stream directly into the platform; macro releases pop up on the chart, useful when positions straddle high-impact events.

• Cross-device parity: desktop, WebTrader and native iOS/Android apps share the same account list and chart templates, so drawing tools and indicators sync when I move from PC to phone during market hours.

• Robust security design: encrypted client-server links, segregated component architecture, two separate authentication layers at broker and terminal level; never hit a connection leak during volatile sessions.

• Continuous version updates: monthly builds add features such as extended reporting tabs and ONNX model inference; upgrades arrive via Live Update with zero downtime. Review collected by and hosted on G2.com.

What do you dislike about MetaTrader 5?

• Steep learning curve: the extra order types, DOM panel and multi-asset symbols clutter the UI; key actions (e.g., switching hedging/netting) sit deep in menus and took time to discover.

• Limited broker adoption versus MT4; several regional brokers still don’t offer MT5, so I keep redundant MT4 installs for legacy accounts.

• Higher resource demand: back-testing large data sets or running multiple EAs spikes CPU/RAM; on older laptops the terminal lags during London open.

• Code incompatibility with MQL4: porting existing MT4 robots demands a full rewrite in MQL5; that slowed migration of my proprietary libraries.

• Occasional mobile freezes during trade execution reported by other users and mirrored in my own experience—slippage becomes an issue if the app hangs for a few seconds on entry. Review collected by and hosted on G2.com.

What problems is MetaTrader 5 solving and how is that benefiting you?

I needed one platform that could:

• Consolidate Forex and equity index trading into a single workspace and keep correlated charts visible during news spikes. MT5’s multi-asset engine eliminated the old habit of juggling separate broker terminals.

• Provide a faster EA optimisation loop; the multi-threaded tester cut strategy iteration time drastically, so new algorithm ideas reach live demo faster and with broader instrument coverage.

• Offer native copy-trading and VPS hosting without piecing together third-party services; deploying EAs to the built-in VPS reduced latency and simplified weekend maintenance.

• Supply institution-grade order book visibility; the DOM panel improved my scalping workflow on futures CFDs, letting me gauge liquidity pockets instead of relying solely on chart footprints.

• Keep me connected while travelling; cloud-synced workspaces in the mobile/web apps let me adjust stops or close risk during economic releases straight from the phone, avoiding missed exit opportunities.

Overall, MetaTrader 5 has become my primary terminal for discretionary and automated strategies alike, despite a learning curve and heavier system footprint. Review collected by and hosted on G2.com.

Andrés F.

Propietario

Small-Business (50 or fewer emp.)

8/8/2023

"Metatrader 5 a better version of Metatrader 4"

3.5/5

What do you like best about MetaTrader 5?

It has better, slightly more modern or updated features than MetaTrader 4. Review collected by and hosted on G2.com.

What do you dislike about MetaTrader 5?

It remains a basic software that simply gets the job done but doesn't give you an edge to operate; in this industry, it is surely designed precisely with these limitations. Review collected by and hosted on G2.com.

Peter B.

Risk Associate

Small-Business (50 or fewer emp.)

4/4/2023

"Daily use of metatrader 5 admin"

4/5

What do you like best about MetaTrader 5?

Fast work, effective, fast live feed also, no freezes and good graphics if we want to compare it to older models, also it is clear and basic and not complicated at all Review collected by and hosted on G2.com.

What do you dislike about MetaTrader 5?

switching from spot (1-1) to leveraged trading is not very good as it keeps showing free margin while it shouldn't because the free margin is irrelevant, beside this everything is good Review collected by and hosted on G2.com.

Srikanth S.

Talent Acquisition Specialist

Small-Business (50 or fewer emp.)

11/3/2021

"Awesome Platform to Investor and Trader"

5/5

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. Review collected by and hosted on G2.com.

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. Appearance and fonts should be updated according to the user. Review collected by and hosted on G2.com.

Recommendations to others considering MetaTrader 5:

Best application or software to switch, You can practise your trading with the demo account as well, Very user-friendly and can easily understand about the options in the application, Will sure recommend this software within my circle and my friends 100% Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

Madushanka R.

Assistant Manager - Sales & Marketing

Small-Business (50 or fewer emp.)

8/20/2022

"Reliable Trading Platform"

4/5

What do you like best about MetaTrader 5?

With MetaTrader 5 most of the key elements which were missing from the MT4 platform are been included. Ex; 8-hour and 12-hour time frames are now available with MT5. The interface is Much more smooth and the new color scheme also very nice The most Importantly Speed of the Platform is upgraded Review collected by and hosted on G2.com.

What do you dislike about MetaTrader 5?

Can't say anything unwanted about it but for those who start fresh platform can be intimidating with all the quotes and advanced features it has. Review collected by and hosted on G2.com.

What problems is MetaTrader 5 solving and how is that benefiting you?

Two of the most important time frames (8-Hour and 12-Hour) were missing from the MT4, Since I switched to MT5 it has been really helpful to predict charts more effectively. MT5 has been a reliable partner for trading all these years no matter what sort of platforms brokers introduced I always stayed with MT5. Review collected by and hosted on G2.com.

Samir P.

Project Manager

Mid-Market (51-1000 emp.)

7/21/2022

"Easy access of Meta Trader 5"

5/5

What do you like best about MetaTrader 5?

The best thing I like about MT5 is it's allowing flexibility to be connected with any type of CRM system in the market with Demo and Live Account Features. This can be used easy way to test the integration and develop seamless CRM systems for brokers. Nowadays CRM system is very useful for the broker to onboard and manages clients to provide a digital platform for trading. It's very trending requirement in the market now a days. Review collected by and hosted on G2.com.

What do you dislike about MetaTrader 5?

For the time being, It's should be extended with a good dashboard and with an advanced reports facility. Review collected by and hosted on G2.com.