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MetaTrader 5

MetaTrader 5

Overview

What is MetaTrader 5?

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…

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Recent Reviews

TrustRadius Insights

MetaTrader 5 has been praised by users for its fast live feed and quick speed, offering a seamless trading experience. Some users have …
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Pricing

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What is MetaTrader 5?

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…

Entry-level set up fee?

  • No setup fee
For the latest information on pricing, visithttps://www.hycm.com/en/trading…

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Product Demos

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MQL5 TUTORIAL - FROM ZERO TO AUTOTRADING IN 4 MINUTES AND 38 SECONDS

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Tutorial MetaTrader 5 para principiantes | Cómo usar MeTatrader (MT5)

YouTube
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Product Details

What is MetaTrader 5?

MetaTrader 5 Video

MetaTrader 5 Competitors

MetaTrader 5 Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo
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Comparisons

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Reviews and Ratings

(4)

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

MetaTrader 5 has been praised by users for its fast live feed and quick speed, offering a seamless trading experience. Some users have raised concerns about unauthorized withdrawals of money, but overall, the software has proven to be reliable for many traders. One of the standout features of MetaTrader 5 is its open API, which allows integration with third-party CRM systems. This enables brokers to run their own businesses and provide a digital platform to customers. Users have found the software easy to use and have been able to make a significant amount of money with a business mindset. Additionally, the ability to execute trades in a demo account has been highly appreciated by users as it allows them to test scripts and expert advisors before implementing them in real accounts. The user interface and speed of the software have also received positive feedback for their accuracy in forex trading. MetaTrader 5 caters not only to forex trading but also offers functionality for trading equities and commodities. Moreover, users emphasize that the software supports better analysis and charts for informed decision-making in various trading activities. Its cloud-based nature and compatibility with mobile devices make it convenient to set up and access on-the-go. Overall, MetaTrader 5 has proven to be a versatile platform that meets the needs of traders across different markets and provides valuable tools for successful trading strategies.

Reviews

(1-2 of 2)
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Neeraj Kumar Gupta | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Incentivized
MetaTrader 5 is similar to MT 4 trader software, saas based, cloud-based, easy to set up on mobile. good for forex trading and all sorts of trading activities. It helped me earn profits and easy withdrawals and easy trading. This trading platform is very easy and supports better analysis and charts on better time frequencies to help in better decision-making.
  • forex trading
  • analysis and charts with better time intervals
  • better user interface
  • trading based on AI and algorithms
  • support can be better
  • reachability is troublesome due to heavy user base
  • security is the biggest issue and lacks trust
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.
  • forex trading
  • analysis charts and graphs
  • easy UI and mobile support
  • low trading cost and supports various platforms to operate
  • it helped in better decision making while forex trading
  • helped in clear understanding and easy guides on how to use this platform for trading
  • security and trust is the big negative for us, where anyone can claim wrong profits
  • overall it helped us in better returns on our investments, better than MT4
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.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Using it for Trading Equities and Commodities and Using it for generating trading signals based on my Personal Study
  • Works awesome with different studies and algorithms
  • Gives best trading signals for my trading portfolio
  • Have good integration with different softwares like Spider
  • Pricing is on the higher side as compared to other softwares
  • Can improve the User Interface to make it more User Friendly
Using it to generate the Trading and Investing signals with the integration for my trading strategies
  • Integration with Several softwares like Spider, tradingview etc.
  • Good Client Support
  • Account Opening Process is fast
  • 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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