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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Get AssistanceMetaTrader 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
86 Satisfaction of Cost Relative to Value
Emotional Footprint Overview
- Product Experience:
- 95%
- Negotiation and Contract:
- 88%
- Conflict Resolution:
- 95%
- Strategy & Innovation:
- 95%
- Service Experience:
- 95%
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?
Pros
- Helps Innovate
- Continually Improving Product
- Reliable
- Performance Enhancing
How to read the Emotional Footprint
The Net Emotional Footprint measures high-level user sentiment towards particular product offerings. It aggregates emotional response ratings for various dimensions of the vendor-client relationship and product effectiveness, creating a powerful indicator of overall user feeling toward the vendor and product.
While purchasing decisions shouldn't be based on emotion, it's valuable to know what kind of emotional response the vendor you're considering elicits from their users.
Footprint
Negative
Neutral
Positive
Feature Ratings
Portfolio Management
Trade Management
Collateral Management
Analytics and Reporting
Currency Quotes
Stock Management
Multi Currency
Currency Exchange Market Management
Currency Conversion
Margin Management
Banking Risk Management
Vendor Capability Ratings
Business Value Created
Breadth of Features
Ease of IT Administration
Product Strategy and Rate of Improvement
Ease of Customization
Ease of Implementation
Ease of Data Integration
Quality of Features
Usability and Intuitiveness
Availability and Quality of Training
Vendor Support
MetaTrader 5 Reviews
Tjhin F.
- Role: Finance
- Industry: Finance
- Involvement: End User of Application
Submitted Aug 2022
new feature added
Likeliness to Recommend
What differentiates MetaTrader 5 from other similar products?
if i want to compare, i will compare it with the previous products Metatrader4, : 1. . MT5 has more options in time frame, i mean MT5 can show 21 timefarmes, MT4 shows 9 timeframes. 2. MT5 provides news forex calendar forex , in MT4 not available 3. MT5 provides more options technical indicator built in compare MT4
What is your favorite aspect of this product?
if i answer favorite aspect about MT5... the charting become more impressive
What do you dislike most about this product?
there are some disadvantage MT5 compare MT4 1. the program language used for MT5 is different with MT4, of course this issue become serious things for Expert advisor programmer, EA that work in MT4 can not work in MT5, this conditions forces the EA programmer learn new language program that work and compatible for MT5. 2. the default setting of MT5 is FIFO First In First Out, this condition can not applied hedging trading position, FIFO default follow the United States regulation, NFA, the second position can open after first position closed, of course . this condition can not use for hedging position.. In MT4 hedging posiiton is allowed.
What recommendations would you give to someone considering this product?
i personally used and comfortable with MT4, the aim of use trading platform is making money...i dont say that MT5 is not good as MT4 , there are some traders can make money with MT5 platform, it depends on each traders , which platform that suit with their methods and conditions.
Pros
- Helps Innovate
- Continually Improving Product
- Reliable
- Performance Enhancing