easy and non-expensive product for all trading needs
January 15, 2022

easy and non-expensive product for all trading needs

Neeraj Kumar Gupta | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with MetaTrader 5

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.

Pros

  • forex trading
  • analysis and charts with better time intervals
  • better user interface
  • trading based on AI and algorithms

Cons

  • support can be better
  • reachability is troublesome due to heavy user base
  • security is the biggest issue and lacks trust
  • 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.

Do you think MetaTrader 5 delivers good value for the price?

Yes

Are you happy with MetaTrader 5's feature set?

Yes

Did MetaTrader 5 live up to sales and marketing promises?

Yes

Did implementation of MetaTrader 5 go as expected?

Yes

Would you buy MetaTrader 5 again?

No

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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