Allegro ETRM (Energy Trading and Risk Management) Software vs. MetaTrader 5

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Allegro ETRM (Energy Trading and Risk Management) Software
Score 8.0 out of 10
N/A
Allegro ETRM (Energy Trading and Risk Management) Software provides a commodity trading solution.N/A
MetaTrader 5
Score 7.6 out of 10
N/A
Henyep Capital Markets (HYCM) & MetaTrade are FCA and CySEC-regulated market leader in providing online FX and CFD trading to retail and institutional investors. HYCM is part of the Henyep Group, an international conglomerate with business in financial services, property, education and charity spanning 20 countries across 3 continents.N/A
Pricing
Allegro ETRM (Energy Trading and Risk Management) SoftwareMetaTrader 5
Editions & Modules
No answers on this topic
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Offerings
Pricing Offerings
Allegro ETRM (Energy Trading and Risk Management) SoftwareMetaTrader 5
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsFixed---Fixed Spreads from 1.8 pips ("percentage in point")----No Commission/ Classic--Variable Spreads from 1.2 pips (percentage in point)--No Commission/ Raw--Raw Spreads from 0.2pips (percentage in point) + $4 per round/
More Pricing Information
Community Pulse
Allegro ETRM (Energy Trading and Risk Management) SoftwareMetaTrader 5
Top Pros

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Top Cons

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Best Alternatives
Allegro ETRM (Energy Trading and Risk Management) SoftwareMetaTrader 5
Small Businesses
Coinbase
Coinbase
Score 7.9 out of 10
Coinbase
Coinbase
Score 7.9 out of 10
Medium-sized Companies
Coinbase
Coinbase
Score 7.9 out of 10
Coinbase
Coinbase
Score 7.9 out of 10
Enterprises

No answers on this topic

No answers on this topic

All AlternativesView all alternativesView all alternatives
User Ratings
Allegro ETRM (Energy Trading and Risk Management) SoftwareMetaTrader 5
Likelihood to Recommend
8.0
(1 ratings)
8.4
(2 ratings)
User Testimonials
Allegro ETRM (Energy Trading and Risk Management) SoftwareMetaTrader 5
Likelihood to Recommend
Allegro Development Corporation
Allegro ETRM (Energy Trading and Risk Management) Software is excellent for trade date entry and record keeping. It also links well to SQL and BI reports for Capital Power. The panes seem to be very customizable to a degree. It's not perfect, however, for Credit Management because there are too many different panes to entry details, resulting in multiple data field redundancies.
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HYCM MetaTrader 5
1. it is best suited in terms of algorithmic trading, where it helps in better understanding with time intervals and easy-to-use UI . Best for forex trading. 2. Security feature is not well trusted. anyone can join, anyone can fake with screenshots and pics and can show the fake profits which are breaking the trust. There must be a system to not support these activities.
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Pros
Allegro Development Corporation
  • Act as Database
  • One location for all Credit Info for counterparties
  • Trade details lookup
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HYCM MetaTrader 5
  • forex trading
  • analysis and charts with better time intervals
  • better user interface
  • trading based on AI and algorithms
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Cons
Allegro Development Corporation
  • There are multiple panes for data entry, it will be nice if there was just a single pane
  • Allegro ETRM (Energy Trading and Risk Management) Software takes time to get use to as it's not very intuitive
  • Performance can be slow sometimes
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HYCM MetaTrader 5
  • support can be better
  • reachability is troublesome due to heavy user base
  • security is the biggest issue and lacks trust
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Alternatives Considered
Allegro Development Corporation
I've used ROME, Openlink, and CRM before. Along with Allegro ETRM (Energy Trading and Risk Management) Software, they all have their strengths and weaknesses. Allegro ETRM (Energy Trading and Risk Management) Software has been the best for trade data, AR, and AP entries. ROME was more intuitive and is web-based making it more easily accessible. Overall, Allegro ETRM (Energy Trading and Risk Management) Software has been the most advanced ETRM I've worked with.
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HYCM MetaTrader 5
1. Better in terms of investor accounting and investor reporting management. 2. Easy to use and setup and better in terms of decision making with algorithmic charts. 3. Better in terms of pricing overall a good and well recommended product to use for all sorts of trading and forex, hedge etc.
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Return on Investment
Allegro Development Corporation
  • Efficiency improvements
  • Data record accuracy imporements
  • Trade risk management
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HYCM MetaTrader 5
  • Gives awesome ROI on my trading and Investing Portfolio
  • Very good Client Support
  • Have Awesome Integration with Different trading Platforms, Dow Jones, and Different Markets
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ScreenShots