Software Alternatives, Accelerators & Startups

MetaTrader5 VS Match-Trade

Compare MetaTrader5 VS Match-Trade and see what are their differences

MetaTrader5 logo MetaTrader5

World-leading multi-asset platform that allows trading Forex, Stocks, Futures and CFDs.

Match-Trade logo Match-Trade

Forex & Prop Tech provider since 2013 | Match-Trader platform creator | Get your own trading server + multiple APIs + support that breaks limits for clients!
  • MetaTrader5 Landing page
    Landing page //
    2023-10-07
  • Match-Trade
    Image date //
    2024-03-01
  • Match-Trade
    Image date //
    2024-03-01
  • Match-Trade
    Image date //
    2024-03-01
  • Match-Trade
    Image date //
    2024-03-01
  • Match-Trade
    Image date //
    2024-03-01
  • Match-Trade
    Image date //
    2024-03-01
  • Match-Trade
    Image date //
    2024-03-01
  • Match-Trade
    Image date //
    2024-03-01

Match-Trade Technologies is a fully integrated forex technology provider and creator of the Match-Trader platform. The company’s offering comprises the platform server with multiple APIs allowing to fit Match-Trader into any existing ecosystem and all-inclusive White Labels with Client Office for Traders and Forex CRM for Brokers. Operating globally since 2013, Match-Trade has offices in Cyprus (Nicosia & Limassol), UAE, Poland (Warsaw & Poznan), South Korea, Malaysia, India and USA.

Match-Trade Technologies combined state-of-the-art software components of matching engine technology that enables forex providers (Brokers, Prime Brokers, and other LPs) to participate in the new generation of transparent, distributed and independent ECN markets. Its strategic partnership with Match-Prime Liquidity Provider, regulated by CySEC, enables clients to access deep liquidity across multi-asset instruments.

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.

Match-Trade features and specs

  • Comprehensive Trading Solutions
    Match-Trade offers a wide range of trading technologies and solutions that cater to different aspects of online trading, including white-label solutions, trading platforms, and liquidity services, making it a one-stop solution for brokerages.
  • Customizability
    The platform provides customizable features and tools that allow brokerages to tailor the solutions to meet their specific business needs and objectives.
  • Advanced Technology
    Match-Trade utilizes cutting-edge technology to ensure fast execution speeds and reliable operations, which are critical for both brokers and traders in ensuring smooth trading experiences.
  • Cost-Effective
    By offering a variety of modular services instead of a one-size-fits-all package, Match-Trade can be more cost-effective for brokerages looking to optimize their expenses based on specific requirements and budget.
  • Regulatory Compliance Features
    The platform includes features that help brokerages adhere to regulatory standards, such as advanced reporting and risk management tools, enhancing their operational credibility.

Possible disadvantages of Match-Trade

  • Complexity
    The comprehensive and customizable nature of Match-Trade's offerings means that there could be a steep learning curve for brokerages setting up and managing the platform.
  • Initial Setup Time
    Due to the extensive features and customizability, the initial setup and configuration process can be time-consuming, requiring detailed planning and implementation.
  • Dependency on Technical Support
    Given the advanced features and technology, brokerages may become dependent on Match-Trade's technical support for troubleshooting and maintenance tasks.
  • Potential Extra Costs
    While modular services can be cost-effective, the need for multiple modules or premium features may lead to additional costs, impacting the overall budget of smaller brokerages.
  • Market Competition
    Match-Trade faces significant competition from other trading technology providers, which could impact its market position or lead to brokerages opting for alternative solutions.

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.

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

Match-Trade videos

Explore the Match-Trader Platform

More videos:

  • Review - Multi-Chart mode in the Match-Trader platform
  • Review - Match-Trader, all-in-one trading platform
  • Review - We are at the iFX Expo in Dubai, 2024!
  • Review - Opening of a New Representative Office in Dubai
  • Review - White Label Forex Brokerage as a Service | Match-Trade Technologies

Category Popularity

0-100% (relative to MetaTrader5 and Match-Trade)
Finance
94 94%
6% 6
Trading
92 92%
8% 8
Investing
94 94%
6% 6
Cryptocurrencies
100 100%
0% 0

User comments

Share your experience with using MetaTrader5 and Match-Trade. For example, how are they different and which one is better?
Log in or Post with

Reviews

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

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....

Match-Trade Reviews

What Are The Alternatives To MetaQuotes' MetaTrader MT4 And MT5 Platforms For Brokers?
Does Match-Trader allow for algo trading?Yes, it does. We provide an API that allows connecting any trading algorithm. But for, let’s say, less-skilled traders, there’s a Social Feed and Copy Trading mechanism built into the Match-Trader. It allows traders to follow the money manager’s (signal provider’s) strategy with a selected budget or copy selected trades from multiple...

What are some alternatives?

When comparing MetaTrader5 and Match-Trade, you can also consider the following products

TradingView - The best charting tool for crypto and stocks

X OPEN HUB - XOH Trader is a complete, multi-asset trading platform for your brokerage.

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

B2Broker Forex Broker Turnkey - A white label forex broker may be just the solution you need. Launch your own brokerage in just 3 weeks and start earning straight away.

Robinhood - Free stock trading service.

B2Core - Advanced forex CRM system. A new generation of client’s cabinet and back office software for Brokerages and Exchanges.