Finelo vs MetaTrader 4
MetaTrader 4 is the clear winner for active traders due to its robust platform and reliability, while Finelo is plagued by billing issues and a lack of core trading functionality.
Finelo, an educational app, faces significant criticism for deceptive billing practices, poor customer support, and app bugs, despite some users finding its lessons easy to understand. MetaTrader 4, a trading platform, is highly praised for its efficiency, reliability, and comprehensive features for both beginner and advanced traders, though some users desire more modern features and alerts.
Head to head
Pick Finelo if you are a complete beginner looking for a simplified, guided introduction to trading and investing concepts, and are willing to navigate potential billing and support challenges R5R11.
Pick MetaTrader 4 if you are an active trader, from beginner to advanced, who needs a reliable and efficient platform for executing trades, performing analysis, and managing your investments R65.
Evidence note: The evidence for Finelo is heavily skewed towards negative experiences, particularly concerning billing and customer support, despite its lifetime rating. MetaTrader 4's reviews are overwhelmingly positive regarding its core functionality, with minor criticisms about feature updates.
Frequently asked
Is Finelo a scam?
Does MetaTrader 4 have all the latest trading features?
What is the main difference between Finelo and MetaTrader 4?
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.
- [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.
- [R9] Finelo Lots of info: Complicated
- [R22] Finelo Bad: Could not understand the app and now I can’t even understand how to cancel
- [R37] Finelo Don’t know how to use: I put money in the app every month, but don’t know how to
- [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.
- [R61] MetaTrader 4 Very efficient and practical: Very efficient and practical
- [R10] Finelo Rh: Canceled this service months ago and they charged me $100 2 months later? Why?
- [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
- [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.
- [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
- [R66] 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
- [R67] 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
- [R74] MetaTrader 4 Come on….: It’s 2025, how have you not got a “Close All Trades” button/feature, take pride in your product
- [R81] MetaTrader 4 MT4: I love this app…! My only consistent feedback, - remains the same. Please, creators of this app…. Please make it possible to add our own EA’s to the charts… On This App..!!! Then it will absolutely get a 5 Star rating..!!🙂🤛🏻
- [R39] Finelo Bs: It is not what it states you can only go to a third party
- [R59] Finelo Trades without Real Money: Ads are deceptive. Gives you the appearance that you’re trading for real money. Dosent say anything about a monthly subscription fee until you sign up
- [R65] MetaTrader 4 MT4: Great platform. Whether you are at a beginning or advanced developmental level of trading this is the tool to use for success.
Synthesized from 120 recent App Store reviews · updated July 2026 · View on the App Store