--- 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: 4.0 review_count: 19 scale: '5' date_modified: '2026-07-13' 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:** 4.0/5.0 **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. Reliable MT5 Trading on Mobile and Desktop **Rating:** 4.5/5.0 stars **Reviewed by:** Ismāīl L. | Energy Engineer & Financial Data Analyst | AI & Automation, Small-Business (50 or fewer emp.) **Reviewed Date:** July 12, 2026 **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. **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. **What problems is MetaTrader 5 solving and how is that benefiting you?** Order execution and position tracking, whether I am on the go or at the desk. It is the platform I actually place and manage trades on day to day. ### 2. The Best Multi-Asset Trading Platform With Full Automation **Rating:** 5.0/5.0 stars **Reviewed by:** Jenom N. | Co-founder, Small-Business (50 or fewer emp.) **Reviewed Date:** March 02, 2026 **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. **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. **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. ### 3. MT5 MultiTrader **Rating:** 4.0/5.0 stars **Reviewed by:** Ankur V. | Assistant VP, Small-Business (50 or fewer emp.) **Reviewed Date:** May 06, 2026 **What do you like best about MetaTrader 5?** Detailed analysis, multi product support, advanced algorithm system. Helps trading in different products at same time. **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. **What problems is MetaTrader 5 solving and how is that benefiting you?** Trading analysis, learning technical aspects of the commodities / stocks. ### 4. Advanced multi-asset trading platform **Rating:** 4.5/5.0 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:** July 23, 2025 **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. **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. **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. ### 5. Metatrader 5 a better version of Metatrader 4 **Rating:** 3.5/5.0 stars **Reviewed by:** Andrés F. | Propietario, Small-Business (50 or fewer emp.) **Reviewed Date:** August 08, 2023 **What do you like best about MetaTrader 5?** It has better, slightly more modern or updated features than MetaTrader 4. **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. **What problems is MetaTrader 5 solving and how is that benefiting you?** It is a software that is needed to operate, there are others but this is one of the most popular because it is free and the brokers themselves provide it with their brand. ### 6. Daily use of metatrader 5 admin **Rating:** 4.0/5.0 stars **Reviewed by:** Peter B. | Risk Associate, Small-Business (50 or fewer emp.) **Reviewed Date:** April 04, 2023 **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 **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 shouldnt because the free margin is irrelevant, beside this everything is good **What problems is MetaTrader 5 solving and how is that benefiting you?** Fast live feed, fast software ### 7. Reliable Trading Platform **Rating:** 4.0/5.0 stars **Reviewed by:** Madushanka R. | Assistant Manager - Sales & Marketing, Small-Business (50 or fewer emp.) **Reviewed Date:** August 20, 2022 **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 **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. **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. ### 8. Easy access of Meta Trader 5 **Rating:** 5.0/5.0 stars **Reviewed by:** Samir P. | Project Manager, Mid-Market (51-1000 emp.) **Reviewed Date:** July 21, 2022 **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. **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. **What problems is MetaTrader 5 solving and how is that benefiting you?** Well for me, It's providing open API so that I can integrate with third-party CRM systems so that brokers can use it to run their own business to do digital onboarding and provide a digital platform to the customer. ### 9. MT/ user / prop trading group analyst **Rating:** 4.5/5.0 stars **Reviewed by:** Andrii L. | Product strategy analyst, Information Technology and Services, Small-Business (50 or fewer emp.) **Reviewed Date:** May 09, 2022 **What do you like best about MetaTrader 5?** The main feature of Meta Trader family is a sophisticated design, excellent chart graphics, especially for MT5. It is fast to assemble and open a retail account with minimum steps to achieve activation. The valuable feature for the platform is the volumes data available to be printed on charts. It is easy to automate indicator creation with help of QPILE basic alike language to evolve it even for robo trading engine even posted on VPS. **What do you dislike about MetaTrader 5?** I guess it is not FIX connected so did not hear large trading companies use it for trades execution. MT5 focused on CDS so is a kind of OTC market. We have plenty of MT5 technical analysis tools but lack other approaches like VSA visualisations. It is great to have affordable priced VPS to deploy your own MT5 robot but the problem is QPILE is not a very popular language so you will need time to get acquainted with it to use installed logic but you have Python MT5 API since of 2019 year active and can use it at separate application. The question will be your round trip time - qpile, python, dde excell to choose which is acceptable to your time frame and execution speed needed. **Recommendations to others considering MetaTrader 5:** It is a fast start solution for a retail user. You will grow with it in your research to consider all risks. **What problems is MetaTrader 5 solving and how is that benefiting you?** MT5 is fast, reliable, and cost-efficient. It has forex data feeds for you not to seak majors to trade or test. We use it for backtesting of forex strategies cause it has extensive tick history and even volume sizes within a given ECN. I executed my own savings trades to assess and avoid risks related to CFD trading. You can start with technical analysis which will easily evolve into your strategies and test automation. ### 10. Beware **Rating:** 0.0/5.0 stars **Reviewed by:** James M. | Owner, Small-Business (50 or fewer emp.) **Reviewed Date:** December 14, 2022 **What do you like best about MetaTrader 5?** Nothing stay away they do not have access to communicate **What do you dislike about MetaTrader 5?** I opened up account. They took $10 for setting it up on $1000 initial start up. I went into initiate some practice trading my manager never got back to me. I tried to contact them many times nobody ever responded and now my moneys gone they ripped me off. **What problems is MetaTrader 5 solving and how is that benefiting you?** MetaTrader old me money they took it out without my permission ### 11. Best trading app **Rating:** 5.0/5.0 stars **Reviewed by:** frank95cr V. | Partner Incentives Specialist, Enterprise (> 1000 emp.) **Reviewed Date:** July 21, 2022 **What do you like best about MetaTrader 5?** This application contains all that you need to become a great trader. It works both in PC's and mobile devices. The features that the app contains are simply better than the version 4. **What do you dislike about MetaTrader 5?** The GUI has some errors when trying to filter the history of trades in a range of dates. Other than that I don't have any other complains or dislikes about the app. **What problems is MetaTrader 5 solving and how is that benefiting you?** The app solves the necessity of looking for another client app to trade in the financial markets (Cryptos, Forex, Index, futures, etc). My performance has increased due to the facility that the app provides. ### 12. Simple and user-friendly interface. **Rating:** 4.5/5.0 stars **Reviewed by:** Franklin R. | Profesional en Investigación , Research, Small-Business (50 or fewer emp.) **Reviewed Date:** July 19, 2022 **What do you like best about MetaTrader 5?** Allows quick management of transactions, the application interface allows easy navigation through each of its functions, the learning curve is very intuitive. **What do you dislike about MetaTrader 5?** I believe it still needs to position itself in front of the developers so that they provide more contributions in the implementation of bots. On the other hand, some platforms have not yet integrated with Meta Trader 5. **What problems is MetaTrader 5 solving and how is that benefiting you?** Financial operations are faster and allow for quicker amounts and offer much more financial security. ### 13. I think it's instinctive to use **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Information Technology and Services | Small-Business (50 or fewer emp.) **Reviewed Date:** July 11, 2022 **What do you like best about MetaTrader 5?** You can start trading pretty quickly. The initial screen when you first load it up directs you to open a demo account that allows you to perform transactions immediately. **What do you dislike about MetaTrader 5?** Sometimes when using a custom expert advisor there's lag and issues that may occur. Though it isn't the main app itself, I think it needs better custom expert advisor support. **Recommendations to others considering MetaTrader 5:** Definitely a great tool to use if you're getting into trading and EA development. **What problems is MetaTrader 5 solving and how is that benefiting you?** MetaTrader 5 is allowing me to execute trades in a demo account. That helps me to test out scripts and expert advisors in test environments. The coding interfaces are also instinctive to use. ### 14. Meta Trader 5 is more than App **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.) **Reviewed Date:** July 19, 2022 **What do you like best about MetaTrader 5?** Make money form home and get money without you paying money for the bank or tax for American government or any country that you live in so if you looking for better **What do you dislike about MetaTrader 5?** Need updates and make used more easily, and open agent in all wide world, developing Ai Artificial intelligence with make the servers is more speed and clear. **What problems is MetaTrader 5 solving and how is that benefiting you?** I used for more than one year it is so easy and you can get money a lot of money if has a business mind, but it has some problems and they can be fixed with no work. ### 15. MetaTrader 5 is good but yet to be stable **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Financial Services | Small-Business (50 or fewer emp.) **Reviewed Date:** July 03, 2022 **What do you like best about MetaTrader 5?** The new UI UX is good and easy to use... **What do you dislike about MetaTrader 5?** Stability and speed on MacBook devices.. **What problems is MetaTrader 5 solving and how is that benefiting you?** It's good for my FOREX trading work. Since the Ui and speed is exceptionally well it helps me a lot with taking accurate trades. ### 16. Meta Trader 5 - A Multi Trading Platform **Rating:** 4.0/5.0 stars **Reviewed by:** Ahmad Mustafa A. | Planning Engineer, Small-Business (50 or fewer emp.) **Reviewed Date:** March 24, 2022 **What do you like best about MetaTrader 5?** Due to MQL wizard in MT5 it has become easy to create your own bot to get help in Trading with Artificial Intelligence **What do you dislike about MetaTrader 5?** Find it a little difficult to learn, so it is time taking. **What problems is MetaTrader 5 solving and how is that benefiting you?** Forex Trading Stocks Trading ### 17. Complex Software **Rating:** 2.0/5.0 stars **Reviewed by:** Mahmoud o. | Mechanical Engineer, Small-Business (50 or fewer emp.) **Reviewed Date:** October 30, 2021 **What do you like best about MetaTrader 5?** It is a sophisticated platform where different charts can appears along real-time data straight from the market. Also, it has adequate visual displays which make it reasonably good. **What do you dislike about MetaTrader 5?** Very complex, it isn't that fast since sometimes you have to wait for few seconds and in stocks and forex market, each socound does matter **What problems is MetaTrader 5 solving and how is that benefiting you?** Checking the forex trends and do trading. Also, using different charts will be very beneficial to understand the market ### 18. Investing money in forex **Rating:** 5.0/5.0 stars **Reviewed by:** Manuel C. | Commercial Analyst, Mid-Market (51-1000 emp.) **Reviewed Date:** September 10, 2020 **What do you like best about MetaTrader 5?** You can select different brokers, so options are multiple. Each broker has differente stocks to operate **What do you dislike about MetaTrader 5?** You can modify demo account to looks like a real, so some people try to lie with it **Recommendations to others considering MetaTrader 5:** Use this app for stocks and Metrader4 for only forex. There are a lot of videos explaining the differences between both of them **What problems is MetaTrader 5 solving and how is that benefiting you?** I am investing money I used to save only in banks. Also, operating in financial markets involves emotions, so I am developing my soft skills. ### 19. "Meta Trader 5" **Rating:** 5.0/5.0 stars **Reviewed by:** Jason D. | Computer Networking, Small-Business (50 or fewer emp.) **Reviewed Date:** October 27, 2019 **What do you like best about MetaTrader 5?** -Best interface -impoved chart -new Quote on orders -Fast easy and Flexible -save data and manipulation of trade is simple. - Very Great Visual Display and the colour and time frame. **What do you dislike about MetaTrader 5?** I only dislike the Quote ID I see no used of it I tried to understand it but no way, hope they do something about it. **Recommendations to others considering MetaTrader 5:** As far as For ex trading is concern and if you want to make more profit than you have make previous MT5 is giving you this opportunity to taste another One try it and you will never regret it. **What problems is MetaTrader 5 solving and how is that benefiting you?** Trading Forex it more of integrated MT4 for those that have used MT4, you like MT5 the more. ## MetaTrader 5 Discussions - [The Best Mining platform](https://www.g2.com/discussions/the-best-mining-platform) - 2 comments, 1 upvote - [How to instal the indicators mt5](https://www.g2.com/discussions/45861-how-to-instal-the-indicators-mt5) - 1 comment, 1 upvote - [Does MT5 have options?](https://www.g2.com/discussions/does-mt5-have-options) - 2 comments - [What is MT5 software?](https://www.g2.com/discussions/what-is-mt5-software) - 2 comments - [What does MetaTrader 5 do?](https://www.g2.com/discussions/what-does-metatrader-5-do) - 3 comments - [View MetaTrader 5 pricing details and edition comparison](https://www.g2.com/products/metatrader-5/reviews?section=pricing&secure%5Bexpires_at%5D=2026-07-15+18%3A07%3A43+-0500&secure%5Bsession_id%5D=e807cfd1-1701-42d1-a1fb-9a05bfffe14c&secure%5Btoken%5D=01dcae45992bf4817389681174ab8402732ecdc19090aaedcebe9701c53bc9f3&format=llm_user) ## MetaTrader 5 Integrations - [Binance](https://www.g2.com/products/binance/reviews) - [Binance Broker](https://www.g2.com/products/binance-broker/reviews) - [TradingView](https://www.g2.com/products/tradingview/reviews) - [TradingView Charting libraries](https://www.g2.com/products/tradingview-charting-libraries/reviews) - [TradingView Financial Widgets](https://www.g2.com/products/tradingview-financial-widgets/reviews) ## 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 - [TradingView](https://www.g2.com/products/tradingview/reviews) - 4.5/5.0 (74 reviews) - [eToro](https://www.g2.com/products/etoro/reviews) - 3.6/5.0 (26 reviews) - [thinkorswim](https://www.g2.com/products/thinkorswim/reviews) - 4.0/5.0 (30 reviews)