MetaTrader 5 vs. TradeStation

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
MetaTrader 5
Score 6.2 out of 10
N/A
MetaQuotes 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
TradeStation
Score 10.0 out of 10
N/A
TradeStation, from the company in Plantation, enables users to Trade Stocks, ETFs, Crypto, Options, and Futures. From South Florida to Tokyo, Texas to Hong Kong, London to Chicago, and New York to Costa Rica, TradeStation and its affiliated companies are pursuing a singular vision: to build the ultimate online trading firm for serious self-directed traders and investors, leveraging leading-edge technologies to create the world’s most advanced trading tools and global technology infrastructure.
$5
Commission per trade for non-US residents
Pricing
MetaTrader 5TradeStation
Editions & Modules
No answers on this topic
United States - Stocks & ETFS
$0 Commission
United States - Stocks Options
$0 Commission
+ $0.60 per contract
Non-US Residents - Stocks & ETFs
$5 Commission per trade
Non-US Residents - Stock Options
$5 Commission per trade
+ $0.60 per contract
United States - Funding Requirements
No Minimum
United States - Web Trading
Free
United States - TradeStation Desktop
Free
United States - Mobile Apps
Free
Non-US Residents - Mobile Apps
Free
Non-US Residents - TradeStation Desktop
Free
Non-US Residents - Web Trading
Free
Non-US Residents - Funding Requiremtns
No Minimum
Offerings
Pricing Offerings
MetaTrader 5TradeStation
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Best Alternatives
MetaTrader 5TradeStation
Small Businesses
Coinbase
Coinbase
Score 7.6 out of 10
Coinbase
Coinbase
Score 7.6 out of 10
Medium-sized Companies
Coinbase
Coinbase
Score 7.6 out of 10
Coinbase
Coinbase
Score 7.6 out of 10
Enterprises

No answers on this topic

No answers on this topic

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User Ratings
MetaTrader 5TradeStation
Likelihood to Recommend
8.4
(2 ratings)
-
(0 ratings)
User Testimonials
MetaTrader 5TradeStation
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.
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TradeStation
No answers on this topic
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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TradeStation
No answers on this topic
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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TradeStation
No answers on this topic
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.
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TradeStation
No answers on this topic
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
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TradeStation
No answers on this topic
ScreenShots