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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    MetaTrader 5

    Score6.1 out of 10
    N/AMetaQuotes is a supplier of software solutions for financial markets. MetaTrader 5 is a multi-asset platform for trading Forex, exchange instruments and futures.N/A

    thinkorswim

    Score9 out of 10
    N/AThinkorswim, with its Investools division, is an American company offering live and online investor education services. In addition, through its brokerage subsidiary, thinkorswim, Inc., Investools provides services to funded trading accounts for self-directed option traders and institutional users who invest in equities, exchange-traded funds, futures, mutual funds and bonds.N/A
    Pricing
    MetaTrader 5thinkorswim
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    MetaTrader 5thinkorswim
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details—$0.00 commissions. No platform fees. No data fees. No trade minimums. Online---$0.00-- Interactive Voice Response (IVR) Phone System-$5.00-- Broker-assisted-$25.00
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    Best Alternatives
    MetaTrader 5thinkorswim
    Small Businesses
    Coinbase
    Score7.2 out of 10
    Coinbase
    Score7.2 out of 10
    Medium-sized Companies
    Coinbase
    Score7.2 out of 10
    Coinbase
    Score7.2 out of 10
    Enterprises
    No answers on this topic
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    All AlternativesView all alternativesView all alternatives
    User Ratings
    MetaTrader 5thinkorswim
    Likelihood to Recommend
    8.4
    (2 ratings)
    9.1
    (3 ratings)
    User Testimonials
    MetaTrader 5thinkorswim
    Likelihood to Recommend
    MetaQuotes Ltd
    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
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    thinkorswim
    I would not hesitate to recommend thinkorswim to someone who wants to get into the stock market. The opportunity to use "paper money" can help beginners learn the fundamentals of trading without any risk. Although the trial period is only 60 days, [that's a] good amount of time for new users to learn enough before venturing out into the real world. Adding to the positives, thinkorswim mobile app is superb and a great way to keep up with your portfolio on the go.
    Incentivized
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    Pros
    MetaQuotes Ltd
    • forex trading
    • analysis and charts with better time intervals
    • better user interface
    • trading based on AI and algorithms
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    thinkorswim
    • Day Trading
    • Swing Trading
    • Long term Investment
    Incentivized
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    Cons
    MetaQuotes Ltd
    • support can be better
    • reachability is troublesome due to heavy user base
    • security is the biggest issue and lacks trust
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    thinkorswim
    • Offering more streaming platforms, like bloomberg for example or Fox Business.
    Incentivized
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    Alternatives Considered
    MetaQuotes Ltd
    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
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    thinkorswim
    I have personally used Charles Schwab mobile app and online page for about 3 years and have been thoroughly satisfied. Before TD Ameritrade and Charles Schwab merged, I had used thinkorswim for the 60-day paper money trial before using my real money on investments. I confidently believe the time I've spent on thinkorswim has helped me mitigate any big losses in my investments. As for robinhood, the mobile app is a lot better for beginners to understand and the UI can be described as more aesthetically pleasing. thinkorswim triumphs in many other aspects [as well] such as being backed up by TD Ameritrade and Charles Schwab and the plethora of knowledge [a user can access].
    Incentivized
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    Return on Investment
    MetaQuotes Ltd
    • 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
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    thinkorswim
    • Easy to place orders
    • Easy to analyse stocks
    • Easy to check over all portfolio
    Incentivized
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