--- 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: '2026-08-12' 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:** 4.0/5.0 **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. 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. ### 2. 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. ### 3. 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 ### 4. 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. ### 5. 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. ### 6. 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. ### 7. 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 ## 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?filters%5Bnps_score%5D%5B%5D=4§ion=pricing&secure%5Bexpires_at%5D=2026-08-14+08%3A42%3A44+-0500&secure%5Bsession_id%5D=bbd7b7b6-4922-44dd-8c51-6415b7e1e047&secure%5Btoken%5D=8cdab16ebda62cb954ddffb62b5d0019882ef5091c3dbfe7e28c2d11d5ed497d&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 - [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 (27 reviews) - [thinkorswim](https://www.g2.com/products/thinkorswim/reviews) - 4.0/5.0 (30 reviews)