MetaTrader 5 vs. TradingView

TradingView

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
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
TradingView	Score 9.2 out of 10	N/A	TradingView headquartered in London offers a place for users to chart, trade, and chat about markets, including customizable visualizations via TradingView Desktop, downloadable and compatible with Windows, Mac, and Linux computers, with native multi-monitor support.	$14.95 per month

Pricing

MetaTrader 5

TradingView

Editions & Modules

No answers on this topic

Pro: $14.95
per month
Pro+: $29.95
per month
Premium: $59.95
per month

Offerings

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

Entry-level Setup Fee

No setup fee

Additional Details

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/

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More Pricing Information

Community Pulse
	MetaTrader 5	TradingView
Considered Both Products	MetaTrader 5 No answer on this topic	TradingView Gino D'Alessio Freelancer Chose TradingView The functinality and technology is similar on both platforms. From my personal point of view, TV is more appealing visually and easier to navigate as it seems more intuitive than MT5 or MT4. There is plenty of community feedback and and customer support on paid subscriptions … Helpful?
Top Pros	Pro Real time Pro Time data Pro Real time data	No answers on this topic
Top Cons	Minus User friendly Minus Lot of features	Minus Pop up

Best Alternatives
	MetaTrader 5	TradingView
Small Businesses	Coinbase Score 8.0 out of 10	Lead411 Score 9.1 out of 10
Medium-sized Companies	Coinbase Score 8.0 out of 10	Lead411 Score 9.1 out of 10
Enterprises	No answers on this topic	D&B Hoovers Score 8.8 out of 10
All Alternatives	View all alternatives	View all alternatives

User Ratings
	MetaTrader 5	TradingView
Likelihood to Recommend	8.4 (2 ratings)	10.0 (2 ratings)

User Testimonials
	MetaTrader 5	TradingView
Likelihood to Recommend	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	TradingView This platform is suited for retail traders that use discretionary trading strategies and automated strategies alike. As far as HFT goes I cannot say as I haven't developed any strategies of that kind. So, i can't determine its appropriateness. For forex and stock trading I would say it has everything you need. I also can't vouch for how well it performs for options traders, I would imagine it may not be the go to app as I don't see any og the Greeks that options traders would need to monitor to make trading decisions. Gino D'Alessio Freelancer Read full review
Pros	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	TradingView Indicators. History patterns. Comparison between different stocks or crypto coins. Incentivized Michael Levitt Chief Burnout Officer Read full review
Cons	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	TradingView nothing I can think of so far Gino D'Alessio Freelancer Read full review
Alternatives Considered	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	TradingView TradingView is used by more people, and most of the investing shows I watch use TradingView Incentivized Michael Levitt Chief Burnout Officer Read full review
Return on Investment	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	TradingView Trading is a peculier activity so this metric is purely subjective and depends on each trader's experience. Gino D'Alessio Freelancer Read full review
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