MetaTrader 5 vs TradingView
How MetaTrader 5 and TradingView compare on fees, safety, tools, mobile and regional availability — scored independently of any commercial relationship.
Affiliate disclosure: We may earn a commission if you open an account or sign up through links on this page. This does not cost you extra. Our rankings are based on our published methodology, not on commission amount.
| Overall score | 3.8/5 | 4.3/5 Better |
|---|---|---|
| Best for | Multi-asset traders, Automated trading (EAs) | Chartists, Multi-broker traders |
| Regulation & trust | 76/100 | 86/100 Better |
| Fees & hidden costs | 78/100 | 82/100 Better |
| Ease of use | 68/100 | 88/100 Better |
| Tools & features | 84/100 | 92/100 Better |
| Mobile app quality | 76/100 | 88/100 Better |
| Assets | Forex, Futures, Stocks (via broker), CFDs (via broker) | Charts: Stocks, Crypto, Forex, Futures, Indices |
| Minimum deposit | None / varies | None / varies |
| Paper trading | Yes | Yes |
| Mobile app | Yes | Yes |
| Availability | United StatesUnited KingdomEuropean Union | United StatesUnited KingdomEuropean Union |
| Fees summary | Free platform; costs come from the broker you use it with. | Free tier available; paid plans (monthly/annual) unlock more indicators, alerts, layouts and data feeds. |
| Protection | Not a broker — holds no client funds; protections depend on the connected broker. | Not a broker — does not hold client funds; no SIPC/FSCS relevance. |
| Affiliate offer | Official link only | Official link only |
| Pros |
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| Cons |
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- Best for
- Multi-asset traders, Automated trading (EAs)
- Regulation & trust
- 76/100
- Fees & hidden costs
- 78/100
- Ease of use
- 68/100
- Tools & features
- 84/100
- Mobile app quality
- 76/100
- Assets
- Forex, Futures, Stocks (via broker), CFDs (via broker)
- Minimum deposit
- None / varies
- Paper trading
- Yes
- Mobile app
- Yes
- Availability
- United StatesUnited KingdomEuropean Union
- Fees summary
- Free platform; costs come from the broker you use it with.
- Protection
- Not a broker — holds no client funds; protections depend on the connected broker.
- Affiliate offer
- Official link only
- Pros
- Multi-asset support
- Stronger strategy tester than MT4
- EA automation ecosystem
- Cons
- Still a learning curve
- Not fully backward-compatible with MT4 EAs
- Broker-dependent
- Best for
- Chartists, Multi-broker traders
- Regulation & trust
- 86/100Better
- Fees & hidden costs
- 82/100Better
- Ease of use
- 88/100Better
- Tools & features
- 92/100Better
- Mobile app quality
- 88/100Better
- Assets
- Charts: Stocks, Crypto, Forex, Futures, Indices
- Minimum deposit
- None / varies
- Paper trading
- Yes
- Mobile app
- Yes
- Availability
- United StatesUnited KingdomEuropean Union
- Fees summary
- Free tier available; paid plans (monthly/annual) unlock more indicators, alerts, layouts and data feeds.
- Protection
- Not a broker — does not hold client funds; no SIPC/FSCS relevance.
- Affiliate offer
- Official link only
- Pros
- Best-in-class charting
- Huge indicator/script ecosystem
- Works across many brokers
- Cons
- Best features are paid
- Real-time data costs extra
- Not a broker itself
Our verdict
On our commission-independent scoring, TradingView edges ahead overall (4.3/5 vs 3.8/5). But the right choice depends on your priorities: consider MetaTrader 5 for multi-asset traders, and TradingView for chartists. Rankings are never affected by commissions.
Affiliate disclosure: We may earn a commission when you click some links on our site. This does not cost you extra. Our comparisons are educational and transparent, and our rankings are not affected by commissions.
Risk warning: Trading stocks, options, futures, forex, crypto, CFDs and funded accounts involves risk. You can lose money. This website is educational only and does not provide financial, investment, tax or legal advice.
Leverage, volatility, fees, spreads, liquidity and platform rules can increase losses.