MetaTrader 5 vs Bybit
MetaTrader 5 is the better choice for experienced traders seeking a stable platform with advanced charting and analysis tools, while Bybit is better for cryptocurrency traders who prioritize a wide range of trading features and bonuses, despite recent issues with account blocks and support.
MetaTrader 5 is praised for its robust trading platform, advanced tools, and stability, though some users report occasional freezing and a lack of night mode. Bybit offers a comprehensive cryptocurrency trading experience with good features and bonuses, but faces significant criticism regarding account blocks, withdrawal issues, and P2P scams.
Head to head
You are an experienced trader looking for a stable, powerful platform with advanced charting and analysis tools, and you are comfortable with its existing features and interface R57. You prioritize a platform that is generally reliable for trade execution, even if it has occasional freezing issues .
You are primarily a cryptocurrency trader who values a wide range of trading features, including spot, futures, and options, and you are interested in bonuses and a generally smooth trading system . You are willing to navigate potential issues with account verification, support, and P2P transactions R69R95.
Evidence note: Bybit's recent reviews are heavily skewed negative due to widespread reports of account blocks, withdrawal issues, and P2P scams, which significantly impacts its overall score despite some positive feedback on its trading features.
Frequently asked
Does MetaTrader 5 have good analytical tools?
Are there issues with Bybit's Google Authenticator?
What reviewers actually said
Built only from these 120 real reviews (foreign ones translated). Superscripts jump to the quote here. Apple has no per-review links, so [ref] opens that app's reviews on the App Store.
- [R8] MetaTrader 5 Técnico: Muy práctico y fantástico el servicio
- [R11] MetaTrader 5 Manager: Great income and insight.
- [R16] MetaTrader 5 need more editing: Its fast but bad in analyzing, need more editing like TradingView so we can leave TradingView and work only on MT5, and thank u
- [R18] MetaTrader 5 Improvement suggestions: Add text box is too small /// modify all for a specific charts TP /SL feature , where you can type in numbers and modify all positions at once , instead of drag and drop modding every trade with these horizontal lines, would be a pro level feature // custom auto trailing stop loss feature missing on mobile phones // // Hide all indicators button missing // Over all it
- [R3] MetaTrader 5 Don’t understand yet getting there: Thanks for opportunity
- [R7] MetaTrader 5 User opinion: Not user friend and haven’t night mode on chart
- [R20] MetaTrader 5 Excelente: Muy buena herramienta apenas me estoy familiarizando pero muy buena
- [R4] MetaTrader 5 App freezes all the time: Garbage app
- [R23] MetaTrader 5 Performance: The app is mostly laggy which makes the trade entries execution late. Pls check for updates.
- [R25] MetaTrader 5 Bugs: So many bugs and lagging all the time which has made trading extremely hard and frustrating. I have reported this countless times but no one has ever gotten back to me.
- [R35] MetaTrader 5 Bugs: I’m facing bugs when I get out and back in to the app, it gets frozen, I’m currently on an iPhone 14 Pro Max
- [R1] MetaTrader 5 Poor broker services: Fundingpips server is not showing
- [R21] MetaTrader 5 Mr Chris: No technical support at all. I need to physically talk with someone and can’t. Keep saying everything has to be done by email and that’s not good enough. The vantage platform is having maintenance all the time and I have no way of trading when this happens. I’m not happy with my fees also. Above all I would much rather talk with somebody by phone as the telephone numbers you have on your
- [R64] Bybit Abnormal origin: The same fiat address that I have been depositing on Bybit with for over 2 years was flagged abnormal origin. Even after submission of requested document, Bybit is yet to attend to my appeal for over 40 hours now. This has caused me irreparable harm as the future trade I was meant to use the deposit for has surpassed my expected profit margin but I couldn’t place a trade call. As
- [R37] MetaTrader 5 Best app for trading: Best for learning and earning
- [R45] MetaTrader 5 La mejor: La mejor que e visto para aprender y se entiende muchisimo mejor que las otras
- [R57] MetaTrader 5 La mejor plataforma para aprender y operar trading: MetaTrader ha sido una excelente herramienta para mi aprendizaje en trading. La plataforma es rápida, estable y ofrece todas las funciones necesarias para analizar gráficos, colocar órdenes y gestionar operaciones de forma profesional. Me gusta que puedo personalizar los indicadores, usar cuentas demo para practicar y acceder a los mercados desde
- [R69] Bybit Google authentication code: The google authentication process is very difficult it hardly works please fix it
- [R73] Bybit Very Bad with Google Authenticator: When used with the google Authenticator for security reasons. The Authenticator code keeps saying incorrect code on the bybit apps and it does that for over an hour before it will finally work. I only experience this only on the bybit apps.
- [R79] Bybit Trash: Bybit have just been doing nonsense lately with there Authenticator code no mateeer how u tried multiple time it will Keep saying wrong cold you have to try and try before it will work
- [R95] Bybit DON’T DOWNLOAD: They can decided to banned your account and you’ll not be able to withdraw your assets at the given time no matter the amount of money it’s on it. ⚠️⚠️⚠️THEY ARE SCAMMING PEOPLE ⚠️⚠️⚠️⚠️ Don’t download it!!!
- [R97] Bybit I do not recommend cooperating with them: I'm fed up; I can't withdraw funds. They constantly block me, so be aware that it's easy to deposit money onto the platform, but don't even dream of getting it back. I withdrew some funds to the same wallet, and by the 3rd or 4th transfer, that wallet was deemed unsafe. In short, it's a clown show. · translated
- [R103] Bybit Scammers: They have blocked crypto withdrawals for 1.5 months now. The crypto was bought on the exchange, and the money used to buy it was earned at work, but they simply closed withdrawals. They don't give deadlines or request documents. · translated
- [R105] Bybit They block accounts and your funds: Don't believe the nice reviews. They've fallen as low as they can go. They block accounts with balances without giving reasons, because there are none. Don't keep anything there. They will unilaterally block and close access to the app. Tech support feeds you templates and solves nothing for months, but they are masters at introducing fees. Stay far away!!! · translated
Synthesized from 120 recent App Store reviews · updated July 2026 · View on the App Store