E*TRADE vs. MetaTrader 5

MetaTrader 5

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
E*TRADE	Score 3.9 out of 10	N/A	E*TRADE is a financial services company and pioneer in the online brokerage industry. Having executed the first-ever electronic trade by an individual investor more than 30 years ago, the Company focused on delivering complete and easy-to-use solutions for traders, investors and stock plan participants.	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

E*TRADE

MetaTrader 5

Editions & Modules

No answers on this topic

Offerings

Pricing Offerings
E*TRADE	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

$0--Stocks, options, and ETFs/ $0.65 50¢ with 30+ trades per quarter--Options contracts/ $1.50--Futures contracts/ $1.00 per bond, (minimum $10, maximum $250)--Bonds (online secondary trades)

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
	E*TRADE	MetaTrader 5
Top Pros	Pro Portfolio management Pro Ease of use Pro Good customer	Pro Real time Pro Time data Pro Real time data
Top Cons	Minus User friendly Minus Takes less time Minus New users	Minus User friendly Minus Lot of features

Best Alternatives
	E*TRADE	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
	E*TRADE	MetaTrader 5
Likelihood to Recommend	3.3 (6 ratings)	8.4 (2 ratings)

User Testimonials
	E*TRADE	MetaTrader 5
Likelihood to Recommend	E*TRADE It is well suited for investment in common stocks, bonds, and other commercial paper. It is well suited for purchasing foreign stocks. It is not presently appropriate for other investment opportunities involving private stocks or limited issues. Extracting funds can be a challenge from time to time. Collecting data on investment opportunities is not always easy to do. Incentivized Alfred Brock Communications Specialist 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	E*TRADE Gives you graphic on how a stock is doing. Gives you some insight to the company background. Lets you track how your investments are doing. 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	E*TRADE summary page needs to have more details like it doesn't show current market price for an option purchased purchase or sell needs to be user friendly so it takes less time. Incentivized SG sandeep godasi finance tax solutions manager 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	ETRADE ETRADE allows ease of use and reasonable fees. We selected ETRADE because they offer the set of applications we were seeking. We do not have to pay for expensive service access that we do not use. ETRADE is compatible with our systems and their reporting has been simple to integrate into our systems. Incentivized Alfred Brock Communications Specialist 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	E*TRADE Limit how much you want invest. This is an open trade website and there is a risk of losing your money based on your investments. If you make some sound investments and keep yourself within a budgeted spending limit there is the opportunity to make money on e-trade. Incentivized Verified User Anonymous 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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