eToro vs. MetaTrader 5

MetaTrader 5

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
eToro	Score 7.5 out of 10	N/A	The eToro platform enables people to invest in the assets they want, from stocks and commodities to cryptoassets.	N/A
MetaTrader 5	Score 6.1 out of 10	N/A	Henyep Capital Markets (HYCM) & MetaTrade are FCA and CySEC-regulated market leader in providing online FX and CFD trading to retail and institutional investors. HYCM is part of the Henyep Group, an international conglomerate with business in financial services, property, education and charity spanning 20 countries across 3 continents.	N/A

Pricing

eToro

MetaTrader 5

Editions & Modules

No answers on this topic

Offerings

Pricing Offerings
eToro	MetaTrader 5
Free Trial
No	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

Entry-level Setup Fee

No setup fee

Additional Details

—

Fixed---Fixed Spreads from 1.8 pips ("percentage in point")----No Commission/ Classic--Variable Spreads from 1.2 pips (percentage in point)--No Commission/ Raw--Raw Spreads from 0.2pips (percentage in point) + $4 per round/

More Pricing Information

Community Pulse
	eToro	MetaTrader 5

Best Alternatives
	eToro	MetaTrader 5
Small Businesses	Coinbase Score 9.0 out of 10	Coinbase Score 9.0 out of 10
Medium-sized Companies	Coinbase Score 9.0 out of 10	Coinbase Score 9.0 out of 10
Enterprises	No answers on this topic	No answers on this topic
All Alternatives	View all alternatives	View all alternatives

User Ratings
	eToro	MetaTrader 5
Likelihood to Recommend	8.2 (0 ratings)	8.4 (0 ratings)

User Testimonials
	eToro	MetaTrader 5
Likelihood to Recommend	If you're just looking to do some trading with high visibility into managing costs in both traditional investments as well as crypto, eToro is a great option. If you want to do more than just have exposure to crypto markets, like use smart contracts or use other computing features of a cryptocurrency, you might want to use a platform more geared to that. Incentivized Verified User Anonymous Read full review	Using it to generate the Trading and Investing signals with the integration for my trading strategies Incentivized RM Rajat Miglani Test Lead Read full review
Pros	Excellent presentation of cost basis Easy to get exposure to crypto as well as traditional investments Allows copy trading Incentivized Verified User Anonymous Read full review	forex trading analysis and charts with better time intervals better user interface trading based on AI and algorithms Incentivized Neeraj Kumar Gupta DevOps Architect Read full review
Cons	eToro has met our needs for an online and investment platform. I cannot think of anything in which eToro can improve. Incentivized Dr Andy Teh Founder, Owner, and Principal Read full review	support can be better reachability is troublesome due to heavy user base security is the biggest issue and lacks trust Incentivized Neeraj Kumar Gupta DevOps Architect Read full review
Alternatives Considered	I have not used any product as comprehensive as eToro or that is comparable to eToro. I have used and continue to use other online trading platforms, but these services are mainly geared towards facilitating trading only. Unlike eToro, they do not offer any decent degree of trader/investor education, or value-added services, such as access to the WSJ and Financial Times or a dedicated account manager Incentivized Dr Andy Teh Founder, Owner, and Principal Read full review	1. Better in terms of investor accounting and investor reporting management. 2. Easy to use and setup and better in terms of decision making with algorithmic charts. 3. Better in terms of pricing overall a good and well recommended product to use for all sorts of trading and forex, hedge etc. Incentivized Neeraj Kumar Gupta DevOps Architect Read full review
Return on Investment	10-15% ROI per annum since signing up to eToro two years ago Incentivized Dr Andy Teh Founder, Owner, and Principal Read full review	it helped in better decision making while forex trading helped in clear understanding and easy guides on how to use this platform for trading security and trust is the big negative for us, where anyone can claim wrong profits overall it helped us in better returns on our investments, better than MT4 Incentivized Neeraj Kumar Gupta DevOps Architect Read full review
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