--- description: Learn more about MetaTrader 5. We provide Australian business users the most detailed information on pricing, benefits, and disadvantages of software that will make your choice easier. image: https://gdm-localsites-assets-gfprod.imgix.net/images/getapp/og_logo-94fd2a03a6c7a0e54fc0c9e21a1c0ce9.png title: MetaTrader 5 Reviews, Cost & Features | GetApp Australia 2026 --- Breadcrumb: [Home](/) > [Financial Services Software](/directory/1075/financial-services/software) > [MetaTrader 5](/software/2050192/metatrader-5) # MetaTrader 5 Canonical: https://www.getapp.com.au/software/2050192/metatrader-5 Page: 1 / 3\ Next: [Next page](https://www.getapp.com.au/software/2050192/metatrader-5?page=2) > MetaTrader 5 is a cloud-based trading platform designed to help stock and Forex traders automatically manage trading activities using various advanced financial trading functions and fundamental analysis. It lets users open multiple positions of a single financial instrument in the same or opposite direction. > > Verdict: Rated **4.4/5** by 48 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **4.4/5** | 48 Reviews | | Ease of Use | 4.4/5 | Based on overall reviews | | Customer Support | 4.0/5 | Based on overall reviews | | Value for Money | 4.3/5 | Based on overall reviews | | Features | 4.4/5 | Based on overall reviews | | Recommendation percentage | 90% | (9/10 Likelihood to recommend) | ## About the vendor - **Company**: MetaQuotes Software - **Location**: Limassol, Cyprus - **Founded**: 2015 ## Commercial Context - **Starting Price**: USD 2,000.00 - **Target Audience**: Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Cloud, SaaS, Web-based, Mac (Desktop), Windows (Desktop), Linux (Desktop), Android (Mobile), iPhone (Mobile), iPad (Mobile) - **Supported Languages**: English, Russian, Traditional Chinese - **Available Countries**: Cyprus ## Features - Activity Dashboard - Alerts/Notifications - Branch Optimization - Customizable Reports - Data Import/Export - Data Visualization - Financial Analysis - For Hedge Funds - Forecasting - Investor Management - Investor Reporting - Monitoring - Performance Management - Performance Metrics - Real-Time Data - Real-Time Reporting - Reporting/Analytics - Secure Data Storage - Third-Party Integrations - Transaction History ## Support Options - Email/Help Desk - FAQs/Forum - Knowledge Base - Phone Support - 24/7 (Live rep) - Chat ## Category - [Financial Services Software](https://www.getapp.com.au/directory/1075/financial-services/software) ## Related Categories - [Financial Services Software](https://www.getapp.com.au/directory/1075/financial-services/software) - [Hedge Fund Software](https://www.getapp.com.au/directory/1225/hedge-fund/software) ## Alternatives 1. 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[IR.Manager](https://www.getapp.com.au/software/2064385/ir-manager) (0 reviews) ## Reviews ### "Meta trader 5" — 4.0/5 > **Nsubuga** | *31 March 2023* | Marketing & Advertising | Recommendation rating: 9.0/10 > > **Pros**: The charts display and the different icons directing one to the usage sections > > **Cons**: The community section is lagging and this limits so many since a new user can not easily identify it and how to use it. > > Financial and asset analysis before making financial decisions. ----- ### ""My MT5 Review"" — 5.0/5 > **Oluwatobiloba Abiodun** | *29 September 2022* | Capital Markets | Recommendation rating: 10.0/10 > > **Pros**: It provides simple to use interface for both newbies and pros in trading and to cap it all the real time data is excellent with no lagging. > > **Cons**: Provides me with real time data, no lagging. > > Solving all forex related issues when it comes to trading,analyzing and communication with metaquotes (mql5) community. ----- ### "A very good platform to view and trade the financial stock market." — 4.0/5 > **Ceon** | *4 July 2022* | Research | Recommendation rating: 5.0/10 > > **Pros**: The app gives a wide variety of forex indicators that can be used by professionals. > > **Cons**: The app does not integrate with its predecessors which are still used widely by many brokers as their base platform. > > The app runs well and does its job however it is prone to glitches and sometimes refuses to start up when prompted. ----- ### "Trading stocks made easier" — 5.0/5 > **Rennee** | *30 November 2021* | Design | Recommendation rating: 10.0/10 > > **Pros**: Withdrawal of profits is the easiest and convenient process. In South Africa our global bank is FNB and after a successful trade the funds are loaded directly to your account, saving you the hassle of transfering to a medium international account then to FNB. Traders benefit from the growing and falling exchange rates against each other. MetaTrader 5 is legit and offers brokers who help you with spreads. Also a little bit of training is provided for new users as guidance. > > **Cons**: The platform already has a lot of users, and support or assistance enquiry may take forever. I do consider calling my broker but the network in different countries may get in the way. But that is the best option so far. > > The platform is eligible for usage worldwide, giving investing opportunities to anyone. The platform operates on a couple of devices like Windows, iOS and Android. This variety helps potential investors start small and grow their way up. They offer indicators and robots, which serve to make trading easier. This platform is open to big institutions as well as individuals. ----- ### "Great and professional trading platform" — 4.0/5 > **Felipe** | *13 April 2023* | Education Management | Recommendation rating: 8.0/10 > > **Pros**: I have been using Metatrader 5 for both stock and currency trading, and overall, it has been a positive experience. The platform offers a wide range of features and tools, and there are many free and paid add-ons available to customize it to your needs. I particularly like the ability to use automated trading strategies and to access historical data for backtesting. The platform is also available on multiple devices, including desktop and mobile, which is convenient for trading on the go. > > **Cons**: One issue I have encountered is that sometimes I am not confident that the data being displayed is up to date, which can affect the accuracy of my trades. Additionally, while there are many third-party add-ons available, I am concerned about the security of these applications and whether Metatrader ensures their safety. Finally, the platform can be somewhat difficult to use, particularly for beginners, and it may take some time to get used to its interface and features. > > Overall, I would recommend Metatrader 5 to experienced traders who are looking for a powerful and customizable platform. However, beginners may want to consider other options that are more user-friendly. ----- Page: 1 / 3\ Next: [Next page](https://www.getapp.com.au/software/2050192/metatrader-5?page=2) ## Links - [View on GetApp](https://www.getapp.com.au/software/2050192/metatrader-5) ## This page is available in the following languages | Locale | URL | | en | | | en-AE | | | en-AU | | | en-CA | | | en-GB | | | en-IE | | | en-NZ | | | en-SG | | | en-ZA | | | es | | | es-CL | | | es-CO | | | es-MX | | | fr | | | fr-BE | | | fr-CA | | ----- ## Structured Data