Finelo vs MetaTrader 5
MetaTrader 5 is the clear winner for actual trading, offering a stable and feature-rich platform, while Finelo is plagued by billing issues and accusations of being a scam.
Finelo, an educational app, faces severe criticism for deceptive billing practices, poor customer support, and app bugs, despite some users finding its lessons easy to follow. MetaTrader 5, a trading platform, is highly praised for its stability, comprehensive features, and user-friendliness, though some users report occasional lagging and a desire for more advanced analytical tools.
Head to head
You are looking for a very basic introduction to trading concepts and are willing to navigate potential billing and support issues.
You need a robust, stable, and feature-rich platform for actual trading, chart analysis, and order management, and are comfortable with a slight learning curve.
Evidence note: Finelo's reviews are heavily skewed negative due to billing issues and scam accusations, which significantly impact its perceived value despite some positive comments on its educational content. MetaTrader 5's reviews are largely positive, focusing on its utility as a trading platform, with recent negative feedback primarily concerning occasional lagging or feature requests.
Frequently asked
Is Finelo a scam?
What kind of features does MetaTrader 5 offer?
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.
- [R5] Finelo Simple: First time user. The lesson interface is easy to follow and understand.
- [R11] Finelo The Best Trading & Investing Beginners handbook in the World!: Finelo simplifies complex situations in the Markets for anyone to understand.
- [R38] Finelo Easy so far: So far, the lessons have been easy and enjoyable.
- [R58] Finelo Great app: Very easy to understand and really goes in the how to trade
- [R50] Finelo Easy: Easy to understand
- [R9] Finelo Lots of info: Complicated
- [R3] Finelo Still getting a feel: First I’d like to say app has some bugs. Locked up on me twice first two times I opened it and logged in. Had to close and restart it twice to get it to run. I’m using an iPhone 17 pro max fully updated on IOS for reference. After getting into the app started with the tutorial and it was quick and informative. Other than the startup bugs seems ok.
- [R12] Finelo Update on iOS: I try to run the app but tells me I need to update. My iPad says its up to date and I’m stuck….. can’t do anything about this app.
- [R47] Finelo Useless Expensive App: They use a lot of baiting in their ads leading me to think it was something that it wasn’t. Every update (and there were a lot in the short period I used it) always thwarted my progress and the app would hang and not progress. This was a huge waste of money and pricey. I’ve had free apps that were worth more.
- [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.
- [R10] Finelo Rh: Canceled this service months ago and they charged me $100 2 months later? Why?
- [R16] Finelo Bait app: The advertising that tricks you into signing up promises 20.00 access to a trading company. Where in actuality, you will be charged over 100.00 for “educational advancement”. Then in order to actually participate in trading, you have to sign up for a brokerage with the associated fees and costs associated with the activity in that account. Tread carefully, should you decide to embark wi
- [R25] Finelo Don’t waste your money.: Careful. Another shady app that signs you up for recurring charges. App is worthless and doesn’t provide anything you can’t get for free with a Google search or ChatGPT.
- [R34] Finelo Terrible: Found no benefit whatsoever. The information in their “program” can be found by googling. They also bill you every 84 days, for what? My advise is stay away from this app. Terrible, terrible app.
- [R1] Finelo Unsubscribing: After several tries to unsubscribe unsuccessfully, I attempted to reach out to support. Still haven’t heard d back! Very disappointing …
- [R4] Finelo No good.: Requested my money back and never received a reply. Would not recommend. Also, it doesn’t give you enough time to answer the questions before it gives you the answer.
- [R19] Finelo Scam: This is a scam. It’s not as easy as they claim. They ask for a bunch of your info. It won’t show up in your subscriptions so you won’t know you’re getting billed a 2nd time. They won’t refund your money. It’s like trying to quit a gym. STAY AWAY! STAY FAR AWAY! (Update. They finally offered a refund, but it’s been almost a week and I haven’t received a penny.)another update After contacting
- [R43] Finelo App: Downloaded just to look. Now several months later I have been charged $19.99 per month Have tried repeatedly to unsubscribe. Can’t locate how or where. Help me please
- [R13] Finelo SCAM SCAM SCAM SCAM SCAM SCAM: They took my money, there was no account, there were no trades available, there was nowhere for me to access my money again. When confronted they said call Apple, the app is free. Apple didn’t take my money Finelo did. They took it. I never saw it again and I can’t get it back now. Run run run run. Do not download this app. Do not give these people A single dime of y
- [R28] Finelo Scam?: I started to sign up process. I paid my initial fee. The monthly subscription came out. I still can’t login because the app does not recognize my account and doesn’t recognize. I have account created so now I’m wondering is this a scam? Do I need to contact a lawyer?
- [R31] Finelo Scam: Scam
- [R117] 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
- [R78] 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
- [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.
- [R85] 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.
- [R95] 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
Synthesized from 120 recent App Store reviews · updated July 2026 · View on the App Store