Question 1

What is MetaTrader 5?

Accepted Answer

MetaTrader 5 is a third-party trading platform developed by MetaQuotes, first released in 2010. Platforms affect execution speed, charting, and available order types independently of the broker offering them.

Question 2

Which devices support MetaTrader 5?

Accepted Answer

MetaTrader 5 is available on web, mobile, desktop. An API is also available for algorithmic and third-party integrations.

Question 3

What assets can I trade on MetaTrader 5?

Accepted Answer

MetaTrader 5 supports forex, stocks, futures, cfd, commodities. Asset support is set by the platform vendor; individual brokers may only enable a subset.

Question 4

Does MetaTrader 5 offer API or algo trading?

Accepted Answer

Yes. MetaTrader 5 exposes an API for automated trading and third-party tools. API access terms vary per broker offering the platform.

Question 5

Which brokers use MetaTrader 5?

Accepted Answer

We track 1 broker that offer MetaTrader 5. See the "Brokers using this platform" section on this page for the full list.

Question 6

How is MetaTrader 5 rated?

Accepted Answer

MetaTrader 5 scores 50/100 based on years operating, device coverage, API availability, asset breadth, and how many brokers have adopted it.

MetaTrader 5

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