Software Alternatives & Reviews

ExchangeRate-API VS MetaTrader5

Compare ExchangeRate-API VS MetaTrader5 and see what are their differences

ExchangeRate-API logo ExchangeRate-API

An easy to use, free & reliable Exchange Rate API trusted by tens of thousands of developers since 2010!

MetaTrader5 logo MetaTrader5

World-leading multi-asset platform that allows trading Forex, Stocks, Futures and CFDs.
  • ExchangeRate-API Landing page
    Landing page //
    2020-05-18

ExchangeRate-API.com offers an easy-to-use JSON currency conversion API with unlimited free requests. The service supports all 160 major currency codes and an incredibly accessible API request format. ExchangeRate-API has been a popular option for developers to get exchange rate data since 2010!

  • MetaTrader5 Landing page
    Landing page //
    2023-10-07

ExchangeRate-API

$ Details
freemium $10.0 / Monthly (Pro)
Platforms
REST API

MetaTrader5

Pricing URL
-
$ Details
-
Platforms
-

ExchangeRate-API features and specs

  • Free Trial: 100% free forever basic plan
  • Easy to Set-up and use: Instant start & easy API request formats

MetaTrader5 features and specs

No features have been listed yet.

ExchangeRate-API videos

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MetaTrader5 videos

Which Forex Trading Platform is BEST? (MetaTrader 4 vs cTrader)

More videos:

  • Review - Why I Switched From MetaTrader to TradingView - TradingView Review
  • Review - MetaTrader 5 - Forex Trading Platform Review and Introduction

Category Popularity

0-100% (relative to ExchangeRate-API and MetaTrader5)
Currency Exchange
100 100%
0% 0
Finance
11 11%
89% 89
APIs
100 100%
0% 0
Trading
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare ExchangeRate-API and MetaTrader5

ExchangeRate-API Reviews

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MetaTrader5 Reviews

5 MetaTrader alternatives for Apple devices (Jan 2023)
iOS devices with MetaTrader apps already installed can continue to use them, but they will not receive software updates, creating potential security risks. The problem does not affect Android mobile devices because MetaTrader platforms continue to be freely downloaded and installed from Google PlayStore. But this is not a solution for the millions of users who have no...
Source: smnweekly.com
Alternatives to MetaTrader
The brokers that support MetaTrader and other similar platforms purchase the rights to the software; the servers are run by the broker, and it’s just the software itself that is supplied by MetaQuotes, the company that developed MetaTrader.
What Are The Alternatives To MetaQuotes' MetaTrader MT4 And MT5 Platforms For Brokers?
It has been over 2 weeks since LiquidityFinder broke the story on Saturday 24th September that Apple had removed MetaQuotes' MetaTrader 4 (MT4) and MetaTrader 5 (MT5) apps from its App Store. This move by Apple, with still no official explanation from either Apple or MetaQuotes, has left a huge amount of uncertainty in the trading industry, both for brokers and end clients....
Best TradingView Alternatives for Stocks, Forex, Futures & Cryptocurrency
A popular choice alongside TradingView, MetaTrader 5 is a multifunctional trading platform that is powerful enough to meet the needs of the modern trader. MetaTrader 5 is touted as an all-in-one platform that includes a comprehensive library of technical analysis tools, access multiple assets and automated trading systems.
Source: tradamaker.com

What are some alternatives?

When comparing ExchangeRate-API and MetaTrader5, you can also consider the following products

Fixer.io - Fixer provides a free, simple, and lightweight API for current and historical foreign exchange rates and currency conversion. The API tracks rates published daily by the European Central Bank.

TradingView - The best charting tool for crypto and stocks

exchangeratesapi.io - Foreign exchange rates API with currency conversion.

eToro - The social investment network that connects traders from around the globe and enables them to share...

Open Exchange Rates - Free, hourly-updated exchange rates - a simple, accurate, open-source JSON API. Free for personal use, a bargain for everybody else.

Robinhood - Free stock trading service.