M

MetaTrader 5

MetaQuotes Software Corp. – 3.4MB – Freeware – Windows
Latest Version
5
Safe to install

MetaTrader: The Go-To Platform for Forex Trading

David Fischer

MetaTrader provides a comprehensive and user-friendly platform for both beginners and experienced traders, featuring advanced analysis tools and automated trading capabilities.
image/svg+xml 2024 Editor's Rating
image/svg+xml EXCELLENT User Rating

MetaTrader Review

MetaTrader, developed by MetaQuotes Software Corp., is a powerful and versatile trading platform used by millions of traders worldwide. Whether you are a novice or an experienced trader, MetaTrader offers a wide range of features to enhance your trading experience.

User-Friendly Interface

One of the key strengths of MetaTrader is its intuitive and user-friendly interface. The platform is easy to navigate, with customizable layout options to suit individual preferences. Traders can quickly access essential tools and features, making it simple to execute trades efficiently.

Advanced Charting Tools

MetaTrader provides advanced charting tools that allow traders to analyze the markets with precision. With multiple timeframes, technical indicators, and drawing tools available, users can conduct in-depth market analysis to make informed trading decisions.

Automated Trading Capabilities

MetaTrader is renowned for its automated trading capabilities through the use of Expert Advisors (EAs). Traders can create or download EAs to automate their trading strategies, enabling trades to be executed automatically based on predefined conditions.

Mobile Trading

For traders on the go, MetaTrader offers mobile trading applications for smartphones and tablets. This allows users to monitor their positions, analyze the markets, and execute trades from anywhere at any time.

Multiple Asset Classes

MetaTrader supports trading in various asset classes, including Forex, stocks, commodities, and cryptocurrencies. Traders can diversify their portfolios and access a wide range of markets through a single platform.

Secure and Reliable

Security is paramount in trading, and MetaTrader prioritizes the safety of user data and transactions. The platform uses encryption techniques to protect sensitive information and offers reliable connectivity to ensure seamless trading operations.

Community Interaction

MetaTrader boasts a vibrant online community where traders can share insights, strategies, and tools. Users can access forums, social trading features, and copy trading services to learn from other traders and collaborate for mutual success.

MetaTrader by MetaQuotes Software Corp. is a comprehensive trading platform that caters to the needs of both beginner and advanced traders. With its user-friendly interface, advanced charting tools, automated trading capabilities, and secure infrastructure, MetaTrader remains a top choice for traders looking to navigate the financial markets effectively.

Overview

MetaTrader is a Freeware software in the category Business developed by MetaQuotes Software Corp..

The users of our client application UpdateStar have checked MetaTrader for updates 63 times during the last month.

The latest version of MetaTrader is 5, released on 01/03/2025. It was initially added to our database on 08/26/2007. The most prevalent version is 5, which is used by 100% of all installations.

MetaTrader runs on the following operating systems: Windows. The download file has a size of 3.4MB.

Users of MetaTrader gave it a rating of 5 out of 5 stars.

Pros

  • Advanced charting tools and technical analysis capabilities
  • Support for automated trading and expert advisors
  • Availability of a wide range of indicators and market data
  • Ability to customize and create trading algorithms
  • Cross-device compatibility for desktop, web, and mobile platforms

Cons

  • Steep learning curve for beginners in trading
  • Complexity in setting up automated trading strategies
  • May be overwhelming for traders looking for a simple interface
  • Not all features are available in the mobile version

FAQ

What is MetaTrader?

MetaTrader is a trading platform developed by MetaQuotes Software Corp. It is widely used by traders to analyze financial markets, execute trading orders, and manage trading accounts.

What are the main features of MetaTrader?

MetaTrader offers powerful charting and technical analysis tools, algorithmic trading capabilities with Expert Advisors, a variety of order types, mobile trading options, and access to a wide range of financial instruments.

Which financial markets are supported by MetaTrader?

MetaTrader supports trading in various financial markets, including the foreign exchange (Forex) market, stock indices, commodities like gold and oil, cryptocurrencies, and more.

What is an Expert Advisor in MetaTrader?

An Expert Advisor (EA) is a program written in MetaQuotes Language (MQL) that allows automated trading strategies to be implemented in MetaTrader. EAs can analyze market data, generate trading signals, and execute trades automatically.

Can I use MetaTrader on my mobile device?

Yes, MetaTrader provides mobile apps for iOS and Android devices. You can access your trading account, view charts, place orders, and manage your trades using the MetaTrader app on your smartphone or tablet.

Is there a fee for using MetaTrader?

MetaTrader itself is free to use. However, you may need to pay fees for accessing real-time market data from your broker or for using certain advanced features provided by third-party tools or services integrated with MetaTrader.

Can I use custom indicators in MetaTrader?

Yes, MetaTrader allows you to use custom indicators to enhance your technical analysis. You can either find and install pre-made indicators from the MQL Market or create your own indicators using the MetaQuotes Language (MQL).

Is MetaTrader available for Mac users?

Yes, MetaTrader is available for Mac users. You can download and install MetaTrader for Mac directly from the official MetaQuotes website or use wine-based solutions to run the Windows version on macOS.

Can I trade with multiple accounts simultaneously in MetaTrader?

Yes, MetaTrader allows you to trade with multiple accounts simultaneously. You can either switch between different accounts or use the MultiTerminal feature to manage multiple accounts within a single interface.

What is the difference between MetaTrader 4 and MetaTrader 5?

MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are two different versions of the trading platform. MT5 offers additional features such as more advanced charting capabilities, a built-in economic calendar, a larger number of supported financial instruments, and a more flexible Expert Advisor programming language.


David Fischer

David Fischer

I am a technology writer for UpdateStar, covering software, security, and privacy as well as research and innovation in information security. I worked as an editor for German computer magazines for more than a decade before joining the UpdateStar team. With over a decade of editorial experience in the tech industry, I bring a wealth of knowledge and expertise to my current role at UpdateStar. At UpdateStar, I focus on the critical areas of software, security, and privacy, ensuring our readers stay informed about the latest developments and best practices.

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63 users of UpdateStar had MetaTrader installed last month.

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