Coinbase vs. MetaTrader 5

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Coinbase
Score 8.0 out of 10
N/A
Coinbase is a digital currency exchange (Coinbase Pro) and crypto-oriented software solution suite for businesses, including hosted checkout pages, payment buttons, invoicing, and multiple ecommerce integrations (Coinbase Commerce), a turnkey solution for brokerages, exchanges, and fintechs enabling them to offer customers crypto (Coinbase Prime), crypto asset custody (Coinbase Custody), and a wallet to self-store crypto (Coinbase Wallet).
$0.20
taker fee
MetaTrader 5
Score 9.0 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
CoinbaseMetaTrader 5
Editions & Modules
$100K-$1M
$0.20
taker fee
$10-50K
$0.35
taker fee
<$10K
$0.50
taker fee
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Offerings
Pricing Offerings
CoinbaseMetaTrader 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
CoinbaseMetaTrader 5
Top Pros
Top Cons
Best Alternatives
CoinbaseMetaTrader 5
Small Businesses

No answers on this topic

Coinbase
Coinbase
Score 8.0 out of 10
Medium-sized Companies

No answers on this topic

Coinbase
Coinbase
Score 8.0 out of 10
Enterprises

No answers on this topic

No answers on this topic

All AlternativesView all alternativesView all alternatives
User Ratings
CoinbaseMetaTrader 5
Likelihood to Recommend
8.4
(28 ratings)
8.4
(2 ratings)
Usability
9.0
(1 ratings)
-
(0 ratings)
Support Rating
6.4
(2 ratings)
-
(0 ratings)
User Testimonials
CoinbaseMetaTrader 5
Likelihood to Recommend
Coinbase
I think Coinbase is extremely suitable for people who are just starting to get into crypto-related activities. Based on how easy it is to use along with the brand recognition I think it offers beginners a better sense of security. Just like all trading platforms, it is extremely easy to get carried away as you only have to confirm your purchase twice and it goes through. It would not be very suitable for those who have little self-control.
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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
Coinbase
  • Coinbase has a really nice looking design which offers for a better user experience.
  • Coinbase is extremely easy to use.
  • Coinbase does a great job delivering company news/changes to its users.
  • Coinbase offers frequent updates which makes you feel more secure using their services.
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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
Coinbase
  • Just like other apps(venmo, cashapp, PayPal) it keeps all your trade portfolio under coin based. Not transferable
  • Even though, they give you a starting balance of $10. They do wants you to put at least $10 of your money
  • The training video are simple. Learn about US dollar coin, USD, and bitcoin. But it doesn't teach you how to be a savvy trader. That will take additional education
  • You can't add small cryptocurrency like BAR to your portfolio. It certain amount to trade with.
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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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Usability
Coinbase
The application and desktop versions are updated regularly and rarely experience down time.
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HYCM MetaTrader 5
No answers on this topic
Support Rating
Coinbase
I haven't needed to contact support for Coinbase yet—it's probably because it is super easy to use and very intuitive. If I were to use the support, it would probably be better than these other companies because most of the other ones come from foreign markets or aren't as big as Coinbase.
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HYCM MetaTrader 5
No answers on this topic
Alternatives Considered
Coinbase
Coinbase is just better overall, with access to investments that can be traded for USD. As well as the crypto that can gain interest, Coinbase is amazing at educating the user along with providing real-time data, that allows the user to make the best decision they can when making this kind of risky investment. Coinbase takes the risk out of Crypto.
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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
Coinbase
  • It's saved time from figuring out how to buy and sell cryptocurrencies
  • It makes monitoring market prices and fluctuations in the value of crypto holdings very easy and simple. Which also saves time.
  • We don't do as high of volume so the lower transaction costs even though there is a slight premium saves us a lot of money in contrast to many of the exchanges that can charge 4-5+% transaction costs.
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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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