eToro vs. MetaTrader 5

MetaTrader 5

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
eToro	Score 7.5 out of 10	N/A	The eToro platform enables people to invest in the assets they want, from stocks and commodities to cryptoassets.	N/A
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

eToro

MetaTrader 5

Editions & Modules

No answers on this topic

Offerings

Pricing Offerings
eToro	MetaTrader 5
Free Trial
No	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

Entry-level Setup Fee

No setup fee

Additional Details

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Fixed---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
	eToro	MetaTrader 5
Top Pros	Pro Customer service	Pro Real time Pro Time data Pro Real time data
Top Cons	Minus Bit clunky Minus Tax documents Minus Better service	Minus User friendly Minus Lot of features

Best Alternatives
	eToro	MetaTrader 5
Small Businesses	Coinbase Score 8.0 out of 10	Coinbase Score 8.0 out of 10
Medium-sized Companies	Coinbase Score 8.0 out of 10	Coinbase Score 8.0 out of 10
Enterprises	No answers on this topic	No answers on this topic
All Alternatives	View all alternatives	View all alternatives

User Ratings
	eToro	MetaTrader 5
Likelihood to Recommend	8.2 (2 ratings)	8.4 (2 ratings)

User Testimonials
	eToro	MetaTrader 5
Likelihood to Recommend	eToro eToro is probably best suited for persons with basic trading and/or investment needs, not experienced traders. The latter group will probably benefit from more sophisticated tools, such as advanced charting and analysis. In addition, I believe such traders will demand tighter spreads than those available on the eToro platform Incentivized Dr Andy Teh Founder, Owner, and Principal Read full review	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. Incentivized Neeraj Kumar Gupta DevOps Architect Read full review
Pros	eToro Excellent presentation of cost basis Easy to get exposure to crypto as well as traditional investments Allows copy trading Incentivized Verified User Anonymous Read full review	HYCM MetaTrader 5 forex trading analysis and charts with better time intervals better user interface trading based on AI and algorithms Incentivized Neeraj Kumar Gupta DevOps Architect Read full review
Cons	eToro eToro has met our needs for an online and investment platform. I cannot think of anything in which eToro can improve. Incentivized Dr Andy Teh Founder, Owner, and Principal Read full review	HYCM MetaTrader 5 support can be better reachability is troublesome due to heavy user base security is the biggest issue and lacks trust Incentivized Neeraj Kumar Gupta DevOps Architect Read full review
Alternatives Considered	eToro eToro is definitely geared more toward the investor crowd with more familiar looking charts and cost basis tracking than dedicated crypto wallets or services. I use it alongside others, but definitely like the features here for making strictly investment related decisions and research on general market changes, movements, and activities. Incentivized Verified User Anonymous Read full review	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. Incentivized Neeraj Kumar Gupta DevOps Architect Read full review
Return on Investment	eToro 10-15% ROI per annum since signing up to eToro two years ago Incentivized Dr Andy Teh Founder, Owner, and Principal Read full review	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 Incentivized RM Rajat Miglani Test Lead Read full review
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