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MetaTrader 5 Reviews & Product Details

MetaTrader 5 Overview

What is MetaTrader 5?

MetaTrader is the most widely used electronic trading platform and has been adopted as the forex market standard thanks to its cutting-edge technology and suitability for traders of all skill levels.

MetaTrader 5 Details
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Product Description

MetaTrader is the most widely used electronic trading platform and has been adopted as the forex market standard thanks to its cutting-edge technology and suitability for traders of all skill levels.


Seller

Henyep Capital Markets

Description

Henyep Capital Markets (HYCM) is a global provider of online trading services, specializing in forex, commodities, stocks, indices, and cryptocurrencies. Established as part of the Henyep Group, HYCM has a history spanning over 40 years in the financial markets, offering clients access to a wide range of trading instruments through its state-of-the-art platforms. Regulated by several major financial authorities, HYCM is committed to providing a secure and straightforward trading experience for traders of all levels. The company emphasizes educational resources and customer support, aiming to enhance traders’ knowledge and trading skills.

Recent MetaTrader 5 Reviews

Andrés F.
AF
Andrés F.Small-Business (50 or fewer emp.)
3.5 out of 5
"Metatrader 5 a better version of Metatrader 4"
It has better features that are a bit more modern or updated than MetaTrader 4.
Peter B.
PB
Peter B.Small-Business (50 or fewer emp.)
4.0 out of 5
"Daily use of metatrader 5 admin"
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 no...
James M.
JM
James M.Small-Business (50 or fewer emp.)
0.0 out of 5
"Beware"
Nothing stay away they do not have access to communicate

MetaTrader 5 Media

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15 MetaTrader 5 Reviews

3.8 out of 5
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15 MetaTrader 5 Reviews
3.8 out of 5
15 MetaTrader 5 Reviews
3.8 out of 5
G2 reviews are authentic and verified.
Andrés F.
AF
Propietario
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
Translated Using AI
What do you like best about MetaTrader 5?

It has better features that are a bit more modern or updated than MetaTrader 4. Review collected by and hosted on G2.com.

What do you dislike about MetaTrader 5?

It remains a basic software that simply fulfills its purpose but does not give you an advantage to operate; in this industry, it is surely designed precisely with these limitations. Review collected by and hosted on G2.com.

What problems is MetaTrader 5 solving and how is that benefiting you?

It is software that is needed to operate, there are others but this is one of the most popular since it is free and the brokers themselves provide it with their brand. Review collected by and hosted on G2.com.

Peter B.
PB
Risk Associate
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
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 Review collected by and hosted on G2.com.

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 Review collected by and hosted on G2.com.

What problems is MetaTrader 5 solving and how is that benefiting you?

Fast live feed, fast software Review collected by and hosted on G2.com.

Madushanka R.
MR
Assistant Manager - Sales & Marketing
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
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 Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

Samir P.
SP
Project Manager
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

Andrii L.
AL
Product strategy analyst
Information Technology and Services
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

James M.
JM
Owner
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about MetaTrader 5?

Nothing stay away they do not have access to communicate Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

What problems is MetaTrader 5 solving and how is that benefiting you?

MetaTrader old me money they took it out without my permission Review collected by and hosted on G2.com.

frank95cr V.
FV
Partner Incentives Specialist
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 Gives Campaign
Incentivized Review
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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

Franklin R.
FR
Profesional en Investigación
Research
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 Gives Campaign
Incentivized Review
Translated Using AI
What do you like best about MetaTrader 5?

Allows quick management of transactions, the application's interface allows easy navigation through each of its functions, the learning curve is very intuitive. Review collected by and hosted on G2.com.

What do you dislike about MetaTrader 5?

I believe that 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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

Verified User in Information Technology and Services
UI
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

Recommendations to others considering MetaTrader 5:

Definitely a great tool to use if you're getting into trading and EA development. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

Verified User in Accounting
UA
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 Gives Campaign
Incentivized Review
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 Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.