Software Alternatives, Accelerators & Startups

JStock VS MetaTrader5

Compare JStock VS MetaTrader5 and see what are their differences

JStock logo JStock

JStock makes it easy to track your stock investment.

MetaTrader5 logo MetaTrader5

World-leading multi-asset platform that allows trading Forex, Stocks, Futures and CFDs.
  • JStock Landing page
    Landing page //
    2018-11-26
  • MetaTrader5 Landing page
    Landing page //
    2023-10-07

JStock features and specs

  • Comprehensive Feature Set
    JStock offers a wide range of features, including stock market analysis, portfolio management, and real-time stock tracking, making it suitable for various investment needs.
  • Free and Open Source
    JStock is free to use and open-source, allowing users to access the full functionality of the software without any cost or subscription fees.
  • Cross-Platform Compatibility
    Available on multiple platforms such as Windows, macOS, and Linux, JStock provides users with the flexibility to use the application across different operating systems.
  • Community Driven
    As an open-source project, JStock benefits from community-driven enhancements, with users contributing to its development and continuous improvement.
  • Offline Capabilities
    JStock can be used offline, which is beneficial for users who need to access their portfolio and analytics without an active internet connection.

Possible disadvantages of JStock

  • Limited Mobile Support
    While JStock is available on Android, the mobile app lacks some features present in the desktop version, which might limit usability for mobile-focused users.
  • Steep Learning Curve
    New users may find JStock's extensive features overwhelming at first, leading to a steeper learning curve to effectively utilize all functionalities.
  • Basic User Interface
    Compared to modern financial software, JStock's user interface is relatively basic and may not appeal to users looking for a more contemporary design.
  • Limited Customer Support
    Being a free and open-source project, JStock lacks dedicated customer support, relying on community forums and user contributions for assistance.
  • Data Reliability Concerns
    Some users have reported occasional issues with data accuracy and reliability, which could impact investment decisions if not double-checked with other sources.

MetaTrader5 features and specs

  • Multi-Asset Platform
    MetaTrader 5 allows you to trade a variety of asset classes including Forex, stocks, commodities, indices, and cryptocurrencies.
  • Advanced Charting Tools
    The platform offers advanced charting tools with a wide range of technical indicators and graphical objects for detailed market analysis.
  • Automated Trading
    MetaTrader 5 supports algorithmic trading via Expert Advisors (EAs), which can automate trading tasks based on predefined strategies.
  • Market Depth
    The Market Depth feature provides an insightful view of available bids and offers, enhancing your market analysis.
  • Economic Calendar
    An integrated economic calendar allows traders to monitor market-moving events and news directly within the platform.

Possible disadvantages of MetaTrader5

  • Complexity
    The platform can be overwhelming for beginners due to its extensive features and advanced tools.
  • Limited Broker Support
    Not all brokers support MetaTrader 5, limiting its accessibility depending on your broker of choice.
  • Learning Curve
    There is a steep learning curve to fully leverage all the advanced features and customization options MetaTrader 5 offers.
  • Resource Intensive
    The platform can be resource-intensive, requiring a robust computer system for optimal performance, especially when multiple charts and indicators are used.
  • Transition from MT4
    Users transitioning from MetaTrader 4 to MetaTrader 5 may face compatibility issues, as not all scripts, indicators, and EAs are transferable.

Analysis of MetaTrader5

Overall verdict

  • Overall, MetaTrader 5 is a highly versatile and robust trading platform that is well-suited to both beginner and experienced traders, especially those interested in utilizing automated trading solutions.

Why this product is good

  • MetaTrader 5 (MT5) is often considered a good trading platform due to its extensive range of features. It provides advanced charting tools, numerous indicators, and the ability to trade a wide variety of financial instruments including forex, stocks, futures, and CFDs. MT5 is also equipped with a user-friendly interface, supports algorithmic trading through the MQL5 programming language, and offers a community for sharing strategies and signals.

Recommended for

  • Traders looking for a comprehensive trading platform with advanced features.
  • Users interested in algorithmic trading and developing custom trading robots and indicators.
  • Individuals or firms trading in a variety of financial markets, including forex, stocks, and commodities.
  • Beginners seeking a user-friendly interface with access to educational resources and community support.

JStock videos

How To Manage Stock Market Easily - Jstock Review

More videos:

  • Review - JStock - Stock Market & U.S. Investing

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 JStock and MetaTrader5)
Finance
8 8%
92% 92
Investing
9 9%
91% 91
Trading
9 9%
91% 91
Stock Charts
100 100%
0% 0

User comments

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Reviews

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

JStock Reviews

We have no reviews of JStock yet.
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MetaTrader5 Reviews

TradingView Alternatives For Budget Conscious Traders
MetaTrader platforms are known for their many features including robust alert systems and the ability to “hijack” the visual backtester to perform full replays during backtesting. These platforms support algorithmic trading through Expert Advisors (EAs) and have a large library of custom indicators and trading tools. While MT4 and MT5 are very versatile they require a...
Source: medium.com
Top 8 Forex Tester Alternatives in 2024
MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are widely-used trading platforms that include basic backtesting functionalities. These platforms are popular due to their availability and versatility, but they come with some limitations.
Source: forextester.com
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....

Social recommendations and mentions

Based on our record, JStock seems to be more popular. It has been mentiond 1 time since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

JStock mentions (1)

  • Open Source alternative to marketwatch
    I like JStock, got it on my Win10 laptop and 2 android devices. Works very well for tracking my investments, aka my losses. (No more meme stocks, I'll just stick to ETFs, thank you. ). Source: almost 4 years ago

MetaTrader5 mentions (0)

We have not tracked any mentions of MetaTrader5 yet. Tracking of MetaTrader5 recommendations started around Mar 2021.

What are some alternatives?

When comparing JStock and MetaTrader5, you can also consider the following products

PTMC - PTMC | Protrader Multi-Connect is designed for both professional and retail day traders or...

TradingView - The best charting tool for crypto and stocks

MetaStock - MetaStock - #1 Stock Charting and Technical Analysis Software

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

AmiBroker - Professional tool for individual investor featuring: advanced formula language for writing indicators and trading systems; comprehensive back-testing reports; filtering by sectors; alerts and more...

Robinhood - Free stock trading service.