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At a Glance
MetaTrader 5
MetaTrader 5
Star Rating
(15)3.8 out of 5
Market Segments
Small-Business (85.7% of reviews)
Information
Entry-Level Pricing
No pricing available
Learn more about MetaTrader 5
eToro
eToro
Star Rating
(25)3.7 out of 5
Market Segments
Small-Business (84.0% of reviews)
Information
Entry-Level Pricing
No pricing available
Learn more about eToro
AI Generated Summary
AI-generated. Powered by real user reviews.
  • Users report that eToro excels in ease of use with a score of 9.0, making it particularly appealing for beginners, while MetaTrader 5, with a score of 8.2, is noted for its steeper learning curve due to its advanced features.
  • Reviewers mention that eToro's social trading feature allows users to follow and copy the trades of successful investors, which is a significant advantage for those looking to learn from experienced traders. In contrast, MetaTrader 5 is praised for its extensive analytical tools, but lacks a similar social trading component.
  • G2 users highlight that both platforms have robust security measures, each scoring 8.1, ensuring that user data and transactions are well-protected. However, users on G2 note that eToro's user-friendly interface contributes to a more secure feeling for less experienced traders.
  • Reviewers say that eToro's product direction is highly rated at 9.4, indicating a strong commitment to improving user experience and features, while MetaTrader 5's score of 7.4 suggests that users feel there is room for enhancement in its ongoing development.
  • Users report that eToro's real-time price feeds are reliable, scoring 7.9, which is on par with MetaTrader 5. However, users mention that MetaTrader 5 offers more customization options for price alerts and notifications, which can be crucial for active traders.
  • Reviewers mention that eToro's analytics tools score lower at 6.8 compared to MetaTrader 5's 7.1, indicating that while eToro is user-friendly, it may not provide the depth of analysis that more experienced traders seek, who often prefer the advanced charting capabilities of MetaTrader 5.
Pricing
Entry-Level Pricing
MetaTrader 5
No pricing available
eToro
No pricing available
Free Trial
MetaTrader 5
No trial information available
eToro
No trial information available
Ratings
Meets Requirements
8.7
9
8.4
20
Ease of Use
8.2
10
9.0
21
Ease of Setup
Not enough data
Not enough data
Ease of Admin
Not enough data
Not enough data
Quality of Support
7.6
9
7.5
19
Has the product been a good partner in doing business?
Not enough data
Not enough data
Product Direction (% positive)
7.4
9
9.4
19
Features by Category
Brokerage Trading PlatformsHide 8 FeaturesShow 8 Features
7.6
53
7.3
125
Market Intelligence
8.1
7
7.5
17
7.1
7
6.8
17
7.2
6
7.5
16
7.5
6
6.9
17
Trading Operations
7.4
7
6.8
14
8.1
6
8.1
15
7.1
7
6.7
12
7.9
7
7.9
17
Categories
Categories
Shared Categories
MetaTrader 5
MetaTrader 5
eToro
eToro
MetaTrader 5 and eToro are categorized as Brokerage Trading Platforms
Unique Categories
MetaTrader 5
MetaTrader 5 has no unique categories
eToro
eToro is categorized as Cryptocurrency Exchanges
Reviews
Reviewers' Company Size
MetaTrader 5
MetaTrader 5
Small-Business(50 or fewer emp.)
85.7%
Mid-Market(51-1000 emp.)
7.1%
Enterprise(> 1000 emp.)
7.1%
eToro
eToro
Small-Business(50 or fewer emp.)
84.0%
Mid-Market(51-1000 emp.)
8.0%
Enterprise(> 1000 emp.)
8.0%
Reviewers' Industry
MetaTrader 5
MetaTrader 5
Financial Services
28.6%
Accounting
21.4%
Information Technology and Services
14.3%
Research
7.1%
Marketing and Advertising
7.1%
Other
21.4%
eToro
eToro
Investment Management
12.0%
Financial Services
12.0%
Wholesale
8.0%
Information Technology and Services
8.0%
Banking
8.0%
Other
52.0%
Most Helpful Reviews
MetaTrader 5
MetaTrader 5
Most Helpful Favorable Review
frank95cr V.
FV
frank95cr V.
Verified User in Financial Services

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.

Most Helpful Critical Review
James M.
JM
James M.
Verified User in Accounting

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.

eToro
eToro
Most Helpful Favorable Review
Ricardo José Ochoa R.
RR
Ricardo José Ochoa R.
Verified User in Market Research

Easy to use, broad and comprehensive information about financial products, easy to invest, and easy to get money back. I like the interface too and all the analytic data that offers

Most Helpful Critical Review
Verified User
G
Verified User in Banking

I tried using eToro first without making any deposits. Since I've used a few other platforms that caused issues when withdrawing funds and in different situations, I wanted to try the eToro's virtual account out first. I've run into problems like when I...

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Discussions
MetaTrader 5
MetaTrader 5 Discussions
What does MetaTrader 5 do?
3 comments
PL
Terrible experience with this company they almost fleeced me to the last dime but I finally found help from an expert recovery agent...Read more
What is MT5 software?
2 comments
PL
Terrible experience with this company they almost fleeced me to the last dime but I finally found help from an expert recovery agent...Read more
Does MT5 have options?
2 comments
PL
Terrible experience with this company they almost fleeced me to the last dime but I finally found help from an expert recovery agent...Read more
eToro
eToro Discussions
Has anyone else been scammed by eToro?
4 comments
AT
LEXA TRADE fraudulent platform, after opening my account and presenting $60,500, I notice that my account has been frozen and I cannot make any further...Read more
What is special about eToro?
3 comments
AT
LEXA TRADE fraudulent platform, after opening my account and presenting $60,500, I notice that my account has been frozen and I cannot make any further...Read more
What's bad about eToro?
3 comments
AT
LEXA TRADE fraudulent platform, after opening my account and presenting $60,500, I notice that my account has been frozen and I cannot make any further...Read more