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Compare MetaTrader 5 and eToro

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At a Glance
MetaTrader 5
MetaTrader 5
Star Rating
(16)3.9 out of 5
Market Segments
Small-Business (86.7% of reviews)
Information
Entry-Level Pricing
No pricing available
Learn more about MetaTrader 5
eToro
eToro
Star Rating
(25)3.7 out of 5
Market Segments
Small-Business (84.0% of reviews)
Information
Entry-Level Pricing
No pricing available
Learn more about eToro
AI Generated Summary
AI-generated. Powered by real user reviews.
  • Users report that eToro excels in ease of use with a score of 9.0, making it particularly appealing for beginners, while MetaTrader 5, with a score of 8.2, is noted for its steeper learning curve due to its advanced features.
  • Reviewers mention that eToro's product direction is highly rated at 9.4%, indicating strong confidence in its future developments, whereas MetaTrader 5's product direction is lower at 7.4%, suggesting some uncertainty among users about its roadmap.
  • G2 users highlight that eToro has a larger number of reviews (25) compared to MetaTrader 5 (14), which may indicate a more established user base and potentially more reliable feedback on its performance.
  • Users on G2 report that both platforms have similar security ratings of 8.1, but eToro is often praised for its user-friendly security features, while MetaTrader 5 is recognized for its robust security protocols that appeal to more experienced traders.
  • Reviewers mention that eToro's trading operations score is lower at 6.8 compared to MetaTrader 5's 7.4, indicating that users find MetaTrader 5's trading operations more efficient and effective for executing trades.
  • Users say that eToro's analytics tools score of 6.8 is less favorable than MetaTrader 5's 7.1, with many users expressing a desire for more advanced analytical features in eToro to enhance their trading strategies.
Pricing
Entry-Level Pricing
MetaTrader 5
No pricing available
eToro
No pricing available
Free Trial
MetaTrader 5
No trial information available
eToro
No trial information available
Ratings
Meets Requirements
8.5
10
8.4
20
Ease of Use
8.0
11
9.0
21
Ease of Setup
Not enough data
Not enough data
Ease of Admin
Not enough data
Not enough data
Quality of Support
7.5
10
7.5
19
Has the product been a good partner in doing business?
Not enough data
Not enough data
Product Direction (% positive)
7.7
10
9.4
19
Features by Category
Brokerage Trading PlatformsHide 10 FeaturesShow 10 Features
7.4
9
7.3
20
Market Intelligence
7.9
8
7.5
17
7.1
8
6.8
17
7.1
7
7.5
16
7.4
7
6.9
17
Trading Operations
7.3
8
6.8
14
7.9
7
8.1
15
7.1
8
6.7
12
7.7
8
7.9
17
Agentic AI - Brokerage Trading Platforms
Not enough data
Not enough data
Not enough data
Not enough data
Categories
Categories
Shared Categories
MetaTrader 5
MetaTrader 5
eToro
eToro
MetaTrader 5 and eToro are categorized as Brokerage Trading Platforms
Unique Categories
MetaTrader 5
MetaTrader 5 has no unique categories
eToro
eToro is categorized as Cryptocurrency Exchanges
Reviews
Reviewers' Company Size
MetaTrader 5
MetaTrader 5
Small-Business(50 or fewer emp.)
86.7%
Mid-Market(51-1000 emp.)
6.7%
Enterprise(> 1000 emp.)
6.7%
eToro
eToro
Small-Business(50 or fewer emp.)
84.0%
Mid-Market(51-1000 emp.)
8.0%
Enterprise(> 1000 emp.)
8.0%
Reviewers' Industry
MetaTrader 5
MetaTrader 5
Financial Services
26.7%
Accounting
20.0%
Marketing and Advertising
13.3%
Information Technology and Services
13.3%
Research
6.7%
Other
20.0%
eToro
eToro
Investment Management
12.0%
Financial Services
12.0%
Wholesale
8.0%
Information Technology and Services
8.0%
Banking
8.0%
Other
52.0%
Most Helpful Reviews
MetaTrader 5
MetaTrader 5
Most Helpful Favorable Review
Andrés F.
AF
Andrés F.
Verified User in Capital Markets

It has better, slightly more modern or updated features than MetaTrader 4.

Most Helpful Critical Review
James M.
JM
James M.
Verified User in Accounting

I opened up account. They took $10 for setting it up on $1000 initial start up. I went into initiate some practice trading my manager never got back to me. I tried to contact them many times nobody ever responded and now my moneys gone they ripped me off.

eToro
eToro
Most Helpful Favorable Review
Ricardo José Ochoa R.
RR
Ricardo José Ochoa R.
Verified User in Market Research

Easy to use, broad and comprehensive information about financial products, easy to invest, and easy to get money back. I like the interface too and all the analytic data that offers

Most Helpful Critical Review
Verified User
G
Verified User in Banking

I tried using eToro first without making any deposits. Since I've used a few other platforms that caused issues when withdrawing funds and in different situations, I wanted to try the eToro's virtual account out first. I've run into problems like when I...

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Discussions
MetaTrader 5
MetaTrader 5 Discussions
What does MetaTrader 5 do?
3 Comments
PL
Terrible experience with this company they almost fleeced me to the last dime but I finally found help from an expert recovery agent...Read more
What is MT5 software?
2 Comments
PL
Terrible experience with this company they almost fleeced me to the last dime but I finally found help from an expert recovery agent...Read more
The Best Mining platform
2 Comments
PL
Terrible experience with this company they almost fleeced me to the last dime but I finally found help from an expert recovery agent...Read more
eToro
eToro Discussions
Has anyone else been scammed by eToro?
4 Comments
AT
LEXA TRADE fraudulent platform, after opening my account and presenting $60,500, I notice that my account has been frozen and I cannot make any further...Read more
What is special about eToro?
3 Comments
AT
LEXA TRADE fraudulent platform, after opening my account and presenting $60,500, I notice that my account has been frozen and I cannot make any further...Read more
What's bad about eToro?
3 Comments
AT
LEXA TRADE fraudulent platform, after opening my account and presenting $60,500, I notice that my account has been frozen and I cannot make any further...Read more