MetaTrader 4 vs MetaTrader 5
MetaTrader 5 has a slight edge over MetaTrader 4 due to its more modern features and active development, despite both apps experiencing some user complaints about performance.
MetaTrader 4 is praised for its simplicity and reliability, making it a favorite for many traders, but it faces criticism for lacking modern features and updates. MetaTrader 5 offers more advanced features and is actively updated, though some users report issues with lag and bugs.
Head to head
Pick MetaTrader 4 if you prefer a simple, minimalist trading platform that is easy to use and reliable for basic operations R11R25R37. It's suitable if you don't require advanced features like automated calculations for take profit/stop loss or extensive alerts R4R6.
Pick MetaTrader 5 if you need a more feature-rich and actively updated trading platform with advanced functionalities, such as automated take profit/stop loss calculations R4R115R118. It's better suited for traders who want more analytical tools and are willing to navigate a slightly steeper learning curve for greater capabilities .
Evidence note: Both apps are free to download, so there is no free-vs-paid asymmetry. While MetaTrader 4 has a slightly higher lifetime rating, recent reviews for both apps show a mixed bag, with performance issues being a common complaint for MT5 and feature stagnation for MT4.
Frequently asked
Which MetaTrader app has more advanced features?
Which MetaTrader app is easier to use for beginners?
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.
- [R4] MetaTrader 4 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
- [R6] MetaTrader 4 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
- [R11] MetaTrader 4 Sr.: Simple , fácil , rápido y minimalista
- [R12] MetaTrader 4 Come on….: It’s 2025, how have you not got a “Close All Trades” button/feature, take pride in your product
- [R23] MetaTrader 4 Meta: Es Exelente fácil y práctico
- [R25] MetaTrader 4 Great platform: Easy to use, clear chart and functionalities
- [R26] MetaTrader 4 Really like the app: This app is great. Normally, the trade programs I get feel overly complicated. This has become the main tool to which I execute trades, because I can be anywhere and do my analysis. I even road tripped it for 30 days. Trading everywhere I had cell phone service. Was great. That’s how I want to live the rest of my life
- [R3] MetaTrader 4 Review: It does get laggy
- [R7] MetaTrader 4 Rubbish: Keeps disconnecting
- [R10] MetaTrader 4 Blurry, hard to read on screen: Blurry
- [R14] MetaTrader 4 Kiepsko: Nic nie widać wszystko nakłada się na siebie i jes jeden galimatias, tragedia jednym słowem, chyba że to tylko na moim telefonie😅
- [R115] MetaTrader 5 One of the best platforms for trading: This platform has not glitched or hung up since I started using it, Ang they’re always updating it every day no surprises just smooth charting.
- [R118] MetaTrader 5 Great: Innovative on new updates
- [R81] 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
- [R31] MetaTrader 4 Great and easy: Easy to used , the best
- [R37] MetaTrader 4 Reliable and Lovable: I’ve been in the markets for 7 years almost and this has always been my favorite platform. Easy to use even without training tutorials, and has never failed on me from what I can recall. Beautiful!
- [R64] MetaTrader 5 App freezes all the time: Garbage app
- [R83] MetaTrader 5 Performance: The app is mostly laggy which makes the trade entries execution late. Pls check for updates.
Synthesized from 120 recent App Store reviews · updated July 2026 · View on the App Store