MetaTrader 5 Logo
MetaTrader 5 Logo
MetaQuotes Software Corporation

MetaTrader 5

Composite Score
8.2 /10
CX Score
8.5 /10
Category
MetaTrader 5
8.2 /10

What is MetaTrader 5?

The MetaTrader 5 Trading Platform is a perfectly equipped trader's working tool that allows trading on the financial markets. It provides the necessary tools to analyze price dynamics and use the automated trading programs. 

Company Details


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MetaTrader 5 Ratings

Real user data aggregated to summarize the product performance and customer experience.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

94 Likeliness to Recommend

100 Plan to Renew

89 Satisfaction of Cost Relative to Value


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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+94 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love MetaTrader 5?

0% Negative
4% Neutral
96% Positive

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing

Feature Ratings

Average 84

Trade Management

91

Portfolio Management

89

Collateral Management

89

Analytics and Reporting

88

Currency Quotes

88

Stock Management

85

Multi Currency

85

Currency Exchange Market Management

81

Currency Conversion

78

Margin Management

78

Banking Risk Management

74

Vendor Capability Ratings

Average 84

Product Strategy and Rate of Improvement

88

Business Value Created

87

Ease of IT Administration

87

Quality of Features

86

Ease of Customization

85

Breadth of Features

85

Ease of Implementation

84

Availability and Quality of Training

84

Usability and Intuitiveness

83

Ease of Data Integration

82

Vendor Support

76

MetaTrader 5 Reviews

Charles N.

  • Role: Sales Marketing
  • Industry: Retail
  • Involvement: Business Leader or Manager
Validated Review
Verified Reviewer

Submitted Nov 2024

very beautiful customer experience

Likeliness to Recommend

10 /10

What differentiates MetaTrader 5 from other similar products?

a whole lot of stuff

What is your favorite aspect of this product?

everything tbh

What do you dislike most about this product?

nothing currently

What recommendations would you give to someone considering this product?

just keep being you

Pros

  • Performance Enhancing
  • Efficient Service
  • Inspires Innovation
  • Caring

Cons

  • Vendor's Interest First

Stephan v.

  • Role: Consultant
  • Industry: Technology
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Oct 2024

MetaTrader5 is the perfect trading tool to use

Likeliness to Recommend

10 /10

What differentiates MetaTrader 5 from other similar products?

Don't use any other trading tools, so nothing to compare to

What is your favorite aspect of this product?

I am able to automate my Forex trading by enabling or disabling my Trading robots, otherwise known as EA's (Expert Advisors)

What do you dislike most about this product?

The program does get a little slow from time to time

What recommendations would you give to someone considering this product?

Better resource management to minimize the program performing sluggish

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing

Chibunna O.

  • Role: Operations
  • Industry: Finance
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Jun 2025

My Personal Experience Using MT5 as a Forex Trader

Likeliness to Recommend

9 /10

What differentiates MetaTrader 5 from other similar products?

MetaTrader 5 (MT5) is way more advanced than most trading platforms, especially for forex and stock traders. It’s got built-in technical analysis tools, algorithmic trading (bots!), and supports way more assets than MT4. Best for serious traders or developers who want to automate their strategies—beginners might find it overwhelming.

What is your favorite aspect of this product?

The custom indicators and Expert Advisors (EAs) are insane. I coded a simple bot to trade for me while I sleep, and it actually works. Saves me from staring at charts all day.

What do you dislike most about this product?

The interface looks like it’s from 2010—clunky and slightly user-friendly. Also, the mobile app crashes at the worst times (like during big market moves). It does not have a feature that allows you to automatically take partial profit from a trade. You can't also set alarm to monitor your price levels.

What recommendations would you give to someone considering this product?

If you’re day trading or into algo trading, MT5 is a powerhouse. But if you’re a casual investor? Stick to something simpler like TradingView or your broker’s basic platform. There should add a feature that allows you to automatically take partial profit from a trade. It should also have alarm that let's you know when your price levels has been reached.

Pros

  • Continually Improving Product
  • Helps Innovate
  • Reliable
  • Trustworthy

Cons

  • Vendor's Interest First
  • Less Friendly Negotiation