--- title: "MetaTrader 5 Software Pricing, Alternatives & More 2026 | Capterra" description: "With the help of Capterra, learn about MetaTrader 5 Software - reviews, pricing plans, popular comparisons to other Financial Services products and more." source_url: "https://www.capterra.com/p/230413/MetaTrader-5/" page_type: "product" language: "en" --- # MetaTrader 5 Software Review 2026: Features, Integrations, Pros & Cons Last updated on September 17, 2026 Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Description](#description)[Use cases](#use-cases)[Alternatives](#alternatives)[FAQs](#faqs)[Features](#features)[Pricing](#pricing)[Support](#support)[Reviews](#reviews) MetaTrader 5 ## What is MetaTrader 5? Create a multi-asset infrastructure on a single platform in a couple of days. You no longer need separate terminals with standalone analytics. MetaTrader 5 is the only solution which allows the combining of different markets within a single platform, the gathering of the general statistics, while it also enables full control over any number of funds. Ultimately, such capabilities can assist in earning the trust of potential and existing investors. ## What is MetaTrader 5 used for? [Financial Services](https://www.capterra.com/financial-services-software/)[Hedge Fund](https://www.capterra.com/hedge-fund-software/) Top alternative Featured Overall rating Based on 48 user reviews Reviews sentiment Positive 94% Neutral 2% Negative 4% Starting price $2000 Per Month Free trial not available Free version not included Capterra Shortlist charts the highest-rated and most popular products... Our "Best of" badge program showcases products with the highest ratings... Our "Best of" badge program showcases products with the highest ratings... Do you work for MetaTrader 5?[Manage this product listing](https://www.g2.com/products/metaquotes-software-metatrader-5/claim_requests/new?auto=true) ## MetaTrader 5 Overview Updated September 2026 AI summary MetaTrader 5 is a financial services and hedge fund platform designed for organizations of all sizes seeking integrated market analysis, trading, and performance management tools. It offers real-time data, transaction monitoring, customizable reporting, and analytics across multiple devices and operating systems. Businesses benefit from its activity dashboard, alerts, data import/export, and third-party integrations to support informed trading decisions. ## Compare with a popular alternative Capterra selects software alternatives based on relevant features, verified user reviews and user interactions. Placement may be influenced by client status. ### MetaTrader 5 4.4 (48) VS. [4.7 (15)](https://www.capterra.com/p/110568/FundCount/reviews/) Starting Price $2000 Per Month Starting Price $24000 Flat Rate, Per Year Free Trial Free Version Pricing Options Free Trial Free Version Ease Of Use 4.4 (48) Ease Of Use 4.4 (26,641) Value For Money 4.3 (35) Value For Money 4.1 (20,480) Customer Service 4.0 (38) Customer Service 4.5 (20,738) ## MetaTrader 5 alternatives [PayPal](https://www.capterra.com/p/207944/PayPal/) [4.6 (26,663)](https://www.capterra.com/p/207944/PayPal/reviews/) Starting price $0.29 Per User, Per Month Pricing Options Free Trial Free Version User Rating 94% of reviewers rated it above 4 stars [Learn More](https://www.capterra.com/p/207944/PayPal/) [Google Pay](https://www.capterra.com/p/212826/Google-Pay/) [4.6 (926)](https://www.capterra.com/p/212826/Google-Pay/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 93% of reviewers rated it above 4 stars [Learn More](https://www.capterra.com/p/212826/Google-Pay/) Highest Rated [Unity](https://www.capterra.com/p/275057/Unity/) [5.0 (3)](https://www.capterra.com/p/275057/Unity/#reviews) Starting price $3500.00 Per User, Per Month Pricing Options Free Trial Free Version User Rating 100% of reviewers rated it above 4 stars [Learn More](https://www.capterra.com/p/275057/Unity/) [Dynamo Software](https://www.capterra.com/p/67068/Dynamo/) [4.6 (34)](https://www.capterra.com/p/67068/Dynamo/reviews/) Starting price $1.00 Per User, Per Month Pricing Options Free Trial Free Version User Rating 94% of reviewers rated it above 4 stars [Learn More](https://www.capterra.com/p/67068/Dynamo/) [View all alternatives](https://www.capterra.com/p/230413/MetaTrader-5/alternatives/) ## FAQs about MetaTrader 5 Overview ### Which roles and teams benefit most from MetaTrader 5? MetaTrader 5 is most used by business leaders, trading managers, analysts, and finance-related teams that need market access, technical analysis, and execution tools in one platform. Executives monitor trading performance and strategy outcomes, while analysts and operational staff use it to research markets, place orders, and track positions efficiently. Answer based on 48 reviews Overview ### What company size and industries is MetaTrader 5 built for? MetaTrader 5 is built for small businesses in hedge funds, forex, futures, stocks, and banking, with 77% of reviewers from small companies. Reviewer industries are led by Education Management at 10%, followed by Internet and Marketing and Advertising at 8% each, and it is most commonly used for financial services. Answer based on 48 reviews Features and Usability ### What are the key features of MetaTrader 5? MetaTrader 5 offers activity dashboards, alerts/notifications, and real-time data for monitoring market activity. It also includes financial analysis, forecasting, and performance metrics, plus customizable reports, visual analytics, and real-time reporting. Additional features cover data import/export, secure data storage, transaction history, and third-party integrations. Getting Started and Support ### What training and onboarding options does MetaTrader 5 offer? MetaTrader 5 provides in person training, live online sessions, documentation, and videos to help teams get started. In person and live online formats support guided instruction, while documentation and videos offer self-paced reference materials for learning features and reviewing setup steps. Answer based on 1 reviews Getting Started and Support ### What customer support options does MetaTrader 5 offer? MetaTrader 5 offers Email/Help Desk, FAQ/Forum, Knowledge Base, Phone Support, 24/7 Live Rep, and Chat. Users note that the community section can feel lagging and harder for new users to navigate, though the MQL5 community helps with trading, analysis, and communication issues. Answer based on 2 reviews Features and Usability ### Is MetaTrader 5 easy to use for beginners? MetaTrader 5 feels straightforward for many traders, especially on desktop and mobile for placing, managing, and closing trades. Experienced forex and CFD users often find the tools clear, but beginners may face a learning curve, especially when locating advanced features or adjusting stop loss and take profit settings across devices. Answer based on 11 reviews Features and Usability ### How good is the MetaTrader 5 interface? MetaTrader 5 offers a clear trading interface with charts, indicators, and broker access that many active traders find practical for daily use. Mobile users often describe it as more intuitive, while some beginners and desktop users find the layout dated, occasionally confusing, or less visually appealing than newer trading platforms. Answer based on 10 reviews ## Features AI summary Based on 1,520 Financial Services reviews Capterra data shows that buyers of Financial Services software rank the following features as their top priorities: - **Transaction Monitoring** (**50%** of reviewers rated this feature as critical) - **Electronic Payments** (**50%**) - **Transaction History** (**40%**) MetaTrader 5 includes **Transaction Monitoring** and **Transaction History**, giving teams visibility into account activity and a clear record of past transactions for review and oversight. However, it does not offer **Electronic Payments**. These features help businesses track financial activity more closely, maintain accurate records, and support better operational control. Transaction Monitoring 4.5 (11) 81.82% of 11 reviewers that rated this feature as important or highly important Monitor or audit historical and current transactions to analyze customer account activities Transaction History 4.7 (21) 80.95% of 21 reviewers that rated this feature as important or highly important Record of all transactions such as purchases, deposits, withdrawals and transfers within a specific period Activity Dashboard 4.6 (17) 64.71% of 17 reviewers that rated this feature as important or highly important Dashboard to view the status of ongoing processes, identify current incidents and track past activities Reporting/Analytics 4.3 (15) 80.00% of 15 reviewers that rated this feature as important or highly important View and track pertinent metrics to find patterns and gain insights from data Secure Data Storage 4.8 (12) 66.67% of 12 reviewers that rated this feature as important or highly important Securely stores data to prevent data loss or breaches Data Import/Export 4.3 (9) 55.56% of 9 reviewers that rated this feature as important or highly important Import and export data to and from software applications MetaTrader 5 21 features ### All Features - Activity Dashboard: Dashboard to view the status of ongoing processes, identify current incidents and track past activities - Alerts/Notifications: Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges - Customizable Reports: Alter the layout and content of reports - Data Import/Export: Import and export data to and from software applications - Data Visualization: Graphical representation of data - Financial Analysis: Evaluate units, projects, budgets, and other finance-related data to gauge their performance and potential risk - For Hedge Funds: Designed for Hedge Funds - Forecasting: Form predictions based on past and present data/trends - Investor Management: Automated payments and reporting for investors - Investor Reporting: Compile and report on all investor activities - Monitoring: Observe and track the demand, usage, progress or quality of a system, product, or user - Performance Management: Organize and manage the accomplishments and development of employees or performance of applications or systems - Performance Metrics: A set of indicators that tracks the performance of networks, applications, systems, teams, etc. - Real-Time Data: Receive data and information in real time - Real-Time Reporting: Active reporting of data and metrics - Reporting/Analytics: View and track pertinent metrics to find patterns and gain insights from data - Secure Data Storage: Securely stores data to prevent data loss or breaches - Third-Party Integrations: Set up connections to third-party platforms to improve business processes - Transaction History: Record of all transactions such as purchases, deposits, withdrawals and transfers within a specific period - Transaction Monitoring: Monitor or audit historical and current transactions to analyze customer account activities - Visual Analytics: Interact with data visualization elements, such as charts and graphs, to drill down into data --- Get Advice We can help you find the software with the features you need. Features 4.4 (48) 4.4 Based on 48 reviews ## Pricing Value for money 4.3 (35) Basic $2,000 Per Month Value for money 4.3 (35) 4.3 Based on 35 reviews Connect with a Capterra advisor for a free 15-minute consultation Get a personalized software list aligned to your business needs with guidance from our expert advisors. Our team has helped 1 million+ businesses like yours find options that fit their needs. ## Support, customer service and training options Customer Service 4.0 (38) Support - Email/Help Desk - FAQs/Forum - Knowledge Base - Phone Support - 24/7 (Live rep) - Chat Training - In Person - Live Online - Webinars - Documentation - Videos Deployment - Web - Android - iPhone/iPad Typical users - Freelancers - Small businesses - Mid size businesses - Enterprises Customer Service 4.0 (38) 4.0 Based on 38 reviews ## User reviews Overall rating 4.4 Based on 48 reviews Filter by rating 5(28) 4(17) 3(1) 2(0) 1(2) Mentioned topic Sorted by most recent ML Mouhamadou Lamine S. Trader Financial Services ### "Metatrader5 Review" 4.0 Overall Rating 4.0 4.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 4.0 4.0 Likelihood to Recommend 9/10 March 20, 2025 I have an ease in using Metatrader5 and I have no disappointments Pros Before I used Metatrader4 but since I started with Metatrader5 I have ease of execution and parameterization of my trades. Metatrader5 offers tools adapted directly on the screen to facilitate traders like take profit, stop loss possibility of closing all open trades at the same time Cons What I like least is that it takes time to open, unlike Metatrader 5. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. JL Jean L. CEO Mining & Metals ### "Metatrader 5 is the new future off forex trading" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 4.0 4.0 Likelihood to Recommend 9/10 January 19, 2025 Personally I would recommend all traders to get into the metaTrader 5 Software as it is verry user friendly and exceeds the expectations off a trading platform , Advanced tools to use and absolutely free! Pros Verry Easy to use even for a Beginner trader , the tools that is available makes trading verry easy as i can close all my trades at once having a bigger chance off getting the profit i initially wanted. Cons Mettaqoutes popups coming in all the time. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. SJ Sotis J. Account Executive Internet ### "Analytics tool for crypto mining." 4.0 Overall Rating 4.0 4.0 Ease of Use 4.0 4.0 Features 4.0 4.0 Customer Service 4.0 4.0 Likelihood to Recommend 8/10 January 13, 2025 Pros MetaTrader 5 helps me to make crypto trading analysis before crypto mining. Cons MetaTrader 5: can't be used by beginners. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. DD Domenico D. Business Manager Marketing and Advertising ### "Ottimo software, molto compatibile e facile da utilizzare " 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 August 6, 2024 Ottimo software molto compatibile con i broker. Tanti indicatori disponibili in maniera molto semplice e gratuita Pros Versatilità e facile installazione e uso. Tante Funzioni Cons No ci sta niente che non mi avvia piaciuto. Tutte le funzioni sono ottime Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. HH Herbert H. Pensionist E-Learning ### "Keine Kontaktmöglichkeitem" 1.0 Overall Rating 1.0 1.0 Ease of Use 3.0 3.0 Features 1.0 1.0 Customer Service 1.0 1.0 Likelihood to Recommend 0/10 June 17, 2024 Pros Weiß nicht. Habe nichts besonderes gefunden. Cons Habe vor Jahren BTC gegen USDT getraded. Mein Konto war im Plus. Obwohl mein Konto im Plus war, wurde mein Trade mit Verlust gestoppt und im selben Moment als dies passierte war der Kurs in Gegenrichtung so weit gesprungen, dass ich soviel Gewinn gemacht hätte wie ich bei diesem Trade verloren habe. Ich habe nie herausgefunden was passiert ist und es gab keine Möglichkeit MT5 zu kontaktieren und Fragen zu stellen. Ich habe mein Trading auf MT5 eingestellt. Switched from [The Imagine Trading System](https://www.capterra.com/p/123481/The-Imagine-Trading-System/) Enttäuschung, keine Beschreibung wie es funktioniert. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. Themba N. General worker Education Management ### "MetaTrader 5 trading platform " 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 0.0 0.0 Likelihood to Recommend 10/10 March 27, 2024 I learned lot of things with metaTrader like indicators,trading strategies & how to prevent major losses. Pros Guys i like this app so much its beta than 4 especially with the new features brought this year. Cons I'm worried about latest update everytime you open trade its jamming previous update before the latest was moreway better than new one. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. Pontsho M. Founder Information Technology and Services ### "MetaTrader5 Review by Thevisionarycreation" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 November 28, 2023 My overall experience is that I am able to make profit whenever possible, wherever I go I can open a trade any day without hesitation knowing my money is safe and secured. I can easily withdraw anytime I wish to and the fees are not bad like other platforms. Pros I mostly liked the accessibility in regards to the technology behind such a brilliant platform. I can access MT5 via PC and mobile on the go. Easy to use. Cons To be honest I like the platform and I I don't see any problems with it besides awareness to be used by more people. Review source Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication. MV Mamoloko V. Manager Arts and Crafts ### "Customer satisfaction " 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 0.0 0.0 Likelihood to Recommend 10/10 November 17, 2023 Pros Metatrader 5 is owesome compared to other trading platforms Wich enables one to trade different assets with ease Cons Glitches although sometimes you might experience some glitches Wich might cause delays Review source Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication. ET Elvis T. Officer Banking ### "Great software " 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 3.0 3.0 Likelihood to Recommend 10/10 October 31, 2023 Best trading platform one can ever use. Pros Timely updates to the software, tools are easily accessible. The app is not complicated at all. Cons Updates tend to come slower to Android user than to ios users Review source Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication. AN Anonymous User CEO Internet ### "The Most Recognized Trading Software" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 4.0 4.0 Likelihood to Recommend 10/10 October 27, 2023 Overall I am satisfied with this software as long as I can make money with it any time Pros The software is constantly updated for improvement Cons The interface can use better gui graphics Review source Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication. [View all Reviews](https://www.capterra.com/p/230413/MetaTrader-5/reviews/) ## Top-rated software of 2026 ### Fill out the form and we'll send a list of the top-rated software based on real user reviews directly to your inbox. Popular comparisons [PayPal vs MetaTrader 5](https://www.capterra.com/compare/207944-230413/PayPal-vs-MetaTrader-5)