Verithiathe honest score on any app
Updated July 2026 · real, multi-region App Store reviews
Head-to-head

MetaTrader 4 vs OANDA

MetaTrader 4 4.8★ · Free to download 85
Winner MetaTrader 4
OANDA 4.7★ · Free to download 65

MetaTrader 4 is the better choice for traders seeking a widely supported, reliable, and feature-rich platform, especially for those who appreciate its established interface and extensive charting capabilities.

Full reviews: MetaTrader 4 · OANDA

MetaTrader 4 (MT4) is a highly regarded trading platform, praised for its reliability and comprehensive features, despite some users wishing for updates to match MT5. OANDA, while offering a user-friendly interface and good customer service, struggles with app stability, charting limitations, and trade execution issues.

Head to head

Features edge: MetaTrader 4R5R6R7R9
MetaTrader 4 MetaTrader 4 is described as a great platform for both beginners and advanced traders, offering many great trading features R5. Users appreciate its clear charts and functionalities R38. However, some users wish for more advanced features like price alerts, trend line alerts, and the ability to add custom EAs to charts R6R41. There's a common desire for MT4 to be updated with features found in MT5, such as automatic calculation of take profit and stop loss, and a 'Close All Trades' button R7R9.
OANDA OANDA is noted for its user-friendly and straightforward platform . It allows connection to other platforms like TradingView, which users find helpful . However, users report significant feature limitations, such as the inability to view more than one chart at a time, difficulty viewing/changing ongoing orders, and a lack of commodities like gold or silver . Charting tools are also criticized for lacking accuracy and advanced options like Fibonacci levels . Some users also desire a widget for current price tickers and more currency pairs and cryptocurrencies .
Ease of Use edge: MetaTrader 4R18R29R36R38
MetaTrader 4 MetaTrader 4 is consistently praised for being easy to use, simple, practical, and straightforward R29R36R38R44. Many users find it intuitive even without tutorials , though one user suggested a tutorial would be helpful R18. It's described as a great tool for executing trades and analysis on the go .
OANDA OANDA is generally considered easy and simple to use, with a straightforward interface that is good for beginners . However, some users find navigation difficult and recent updates have made the buy/sell box obscure the chart, which is frustrating for some . Chart drawing features are also criticized for being less accurate and harder to select than desired .
Reliability edge: MetaTrader 4R3R10R13R15
MetaTrader 4 MetaTrader 4 is widely regarded as reliable, with users stating it has never failed them and is great for impulsive orders R41. However, some users report issues with the app getting laggy R3 and disconnecting R10. Recent updates have also caused problems, making the app difficult to use for scalping and causing blurriness R13R15.
OANDA OANDA faces significant reliability issues. Users report the app crashing frequently R76, responding slowly R67, and having continuous login problems, sometimes freezing on the 'signing in' screen R81R84. There are also serious complaints about trade execution, including trades not closing due to widening spreads R61, trades being canceled R70, inability to modify stop loss R73, and winning trades being difficult to close . Users also report significant slippage on market orders R93.
Price/Value edge: MetaTrader 4R32R41R58R82
MetaTrader 4 MetaTrader 4 is free to download and users express satisfaction with its value, with some claiming significant earnings R32R58. It is supported by most brokers R41.
OANDA OANDA is free to download. Users complain about high spreads, with one user calling 30 points of spread 'crazy' R82. There are also allegations of the broker trying to steal swap/financing money and using spread liquidity sweeps to hit stop losses . One user reported issues with a welcome bonus not being fully honored R103.
Support tieR83R95R96R103
MetaTrader 4 Reviews for MetaTrader 4 do not directly address customer support.
OANDA OANDA receives mixed reviews for its support. Some users praise customer service as superb and 100% winning R83R95. However, others report poor customer service, with agents being unavailable and conversations being closed R103. One user described getting the 'runaround' from a support agent regarding an execution error R96.
Pick MetaTrader 4 if

You are looking for a widely adopted and reliable trading platform with extensive charting capabilities and a generally smooth user experience, even if it means some features are less modern than its successor, MT5 R5R38.

Pick OANDA if

You prioritize a straightforward, beginner-friendly interface and value the ability to connect to other platforms like TradingView, and are willing to overlook reported issues with app stability and trade execution .

Evidence note: MetaTrader 4 has a significantly larger number of reviews, providing a broader base of user sentiment. OANDA's reviews, while fewer, highlight more critical issues related to app performance and trade execution.

Frequently asked

Is MetaTrader 4 good for beginners?
Yes, MetaTrader 4 is considered a great platform for both beginning and advanced traders due to its simple, easy, and practical interface R5R29R36R44.
Does OANDA have issues with trade execution?
Yes, OANDA users report several issues with trade execution, including trades not closing due to widening spreads, trades being canceled, inability to modify stop loss, and significant slippage on market orders R61R70R73R93.
Are there any common complaints about MetaTrader 4?
Common complaints about MetaTrader 4 include desires for more modern features like those in MT5 (e.g., automatic stop loss/take profit calculation, 'Close All Trades' button), occasional lag, disconnections, and issues with blurriness or display after updates R3R6R7R10.
How is OANDA's app performance?
OANDA's app performance is frequently criticized, with users reporting it crashing often, responding slowly, and experiencing continuous login issues where it freezes on the 'signing in' screen R67R76R81R84.

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.

  1. [R5] MetaTrader 4 5/5 · US MT4: Great platform. Whether you are at a beginning or advanced developmental level of trading this is the tool to use for success.
  2. [R6] MetaTrader 4 3/5 · GB It’s serves a purpose: The app could do with a few more features, one it desperately needs is alerts for when price hits certain limits as a lot of other apps don’t align with the MT4 price
  3. [R7] MetaTrader 4 2/5 · US NEVER UPDATED: I usually don’t write reviews, but I’ve gotta do this, this app is soooo under managed, in evolving times of AI, you still have to manually calculate your take profit and stop loss, unlike MT5 where it’s actually very good, this app is purposefully under managed, and it’s slowly going into extinction because there are competitors even against the MT5, please meta team, can you make
  4. [R9] MetaTrader 4 3/5 · GB Forexbae: It’s time for upgrade to new futures like mt5 and Ctrader!!!
  5. [R18] MetaTrader 4 5/5 · US Need a Tutorial but overall great app.: The app is great just needs a tutorial to help around the app.
  6. [R29] MetaTrader 4 5/5 · US Sr.: Simple , fácil , rápido y minimalista
  7. [R36] MetaTrader 4 5/5 · US Meta: Es Exelente fácil y práctico
  8. [R38] MetaTrader 4 5/5 · US Great platform: Easy to use, clear chart and functionalities
  9. [R3] MetaTrader 4 3/5 · GB Review: It does get laggy
  10. [R10] MetaTrader 4 1/5 · GB Rubbish: Keeps disconnecting
  11. [R13] MetaTrader 4 1/5 · GB Blurry, hard to read on screen: Blurry
  12. [R15] MetaTrader 4 1/5 · GB 0 stars after update whole experience ruined: Worse update in my MT4 mt5 using experience now its totally impossible to use mt5 mobile app to scalping restore old way of sl tp
  13. [R32] MetaTrader 4 5/5 · US Muito bom: Muito bom já fiz mais de 29 mil dólares nele
  14. [R41] MetaTrader 4 5/5 · US Decent software.: Great for impulsive orders. Supported by most brokers. Not the easiest way to markup charts. A bit to small but in a pinch is alright. Possible improvements. • Price alerts and trend line alerts • Adding additional indicators. • Risk management features for account size Adjustable on purchase window. Display warning of percent and lot size taken. Could probably go on and on
  15. [R58] MetaTrader 4 5/5 · US A+++: Great money making app
  16. [R82] OANDA 1/5 · US Spread: I get spreads have to be included but 30 points of spread is crazy to me and it literally crosses over my TP and it won’t trigger that is just crazy they got to fix something
  17. [R83] OANDA 4/5 · US Exceptional: The app and customer service are superb.
  18. [R95] OANDA 5/5 · US Lio: Excellent service.
  19. [R96] OANDA 3/5 · GB support gives the runaround: I reported a clear execution error where my stop-loss order was triggered at a price that was never reached on the market, a phantom wick. This is a clear platform error. I provided charts, timestamps, and all the data from other exchanges as proof. A support agent named Mark was assigned my ticket. For three weeks, he has been giving me the runaround. First, he sa
  20. [R103] OANDA 1/5 · US Scam: For welcome bonus they told me you met the requirements and it will be 250 for plan of double your benefit/ cover the losses after 60 days , but after 90 days when I lost 500$ in trade at least they payed me 100$, they are not honest and untreatable , be careful, I am going to find another broker, also their customer service is really pure and always tell you Sorry there aren't any agents a
  21. [R44] MetaTrader 4 5/5 · US Great and easy: Easy to used , the best
  22. [R61] OANDA 2/5 · US Must-watch trades: Need to watch for closing quotes due to widening spreads, as the trade may not close.
  23. [R70] OANDA 1/5 · US Needs improvement: Let me deposit money but it keeps canceling my trades
  24. [R73] OANDA 1/5 · US Wont allow me to modify my trade.: I was in a trade and wanted to move my stop loss to +1 but the app wouldnt allow it. So I had to close my trade early. Trash….
  25. [R93] OANDA 3/5 · GB CRIMINAL SLIPPAGE: I am experiencing issues with trade execution on this platform with slippage. It seems that every market order I place gets filled at a worse price than what was displayed on the screen when I hit the button. This isnt just a small pip difference during volatile moments it is a consistent pattern of substantial slippage on every single trade, even in stable markets, when I set a
  26. [R67] OANDA 1/5 · US Technical issue with the OANDA App: The OANDA App has been changed somewhat in the past two months- it responds so slowly whenever I click a new section.
  27. [R76] OANDA 1/5 · US Terrible: constantly crashing
  28. [R81] OANDA 3/5 · US Signin freezes: Frequently, it keeps saying signing in, and I have to delete the app and then add the app back so a real pain
  29. [R84] OANDA 3/5 · US Very good platform. But app login issues: I can’t login to app multiple times. It’s a hit or miss. Using iPhone 13 with latest os.

Synthesized from 120 recent App Store reviews · updated July 2026 · View on the App Store