Software Alternatives & Reviews

MetaTrader5 VS QuantConnect

Compare MetaTrader5 VS QuantConnect and see what are their differences

MetaTrader5 logo MetaTrader5

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

QuantConnect logo QuantConnect

QuantConnect provides a free algorithm backtesting tool and financial data so engineers can design algorithmic trading strategies. We are democratizing algorithm trading technology to empower investors.
  • MetaTrader5 Landing page
    Landing page //
    2023-10-07
  • QuantConnect Landing page
    Landing page //
    2023-10-15

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

QuantConnect videos

Difference between Quantopian Quantiacs Quantconnect

More videos:

  • Review - Step by Step Algorithmic Trading Guide with QuantConnect

Category Popularity

0-100% (relative to MetaTrader5 and QuantConnect)
Finance
82 82%
18% 18
Trading
100 100%
0% 0
Development
0 0%
100% 100
Investing
91 91%
9% 9

User comments

Share your experience with using MetaTrader5 and QuantConnect. 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 QuantConnect

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

QuantConnect Reviews

We have no reviews of QuantConnect yet.
Be the first one to post

Social recommendations and mentions

Based on our record, QuantConnect seems to be more popular. It has been mentiond 9 times 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.

MetaTrader5 mentions (0)

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

QuantConnect mentions (9)

  • I'm a dev, we're in 2023, what should i start with ?
    I use https://quantconnect.com/ to backtest new algos and discover new algos. They support C# and python. Source: over 1 year ago
  • Where can I Learn OOP for trading in python? I’ve been looking for some information, but I didn’t find anything, any help?
    Use quantconnect.com, their API forces you to use OOP there so it's a good practice. Source: almost 2 years ago
  • Backtesting tools
    For stocks and crypto: QuantConnect and Backtrader For options: MesoSim and OptionNetExplorer. Source: almost 2 years ago
  • what do you guys think about Joel Greenblatt and his magic formula of investing? backtests of his formula return on average above 20% per annum
    Only you can teach you how to do it. quantconnect.com has a lot of tutorials and other documentation that should be enough for you to learn from. I'm still learning the process of backtesting and I'm not aware of an "easy" way to perform this type of work. Source: almost 2 years ago
  • What are some things you have automated, using python?
    Thanks for the pointer. quantconnect.com and interactive brokers. I have a little fantasy that I'll do this once I retire and hand over 1% of my nest egg to it; see how it does... Hand over some more, etc... Source: over 2 years ago
View more

What are some alternatives?

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

TradingView - The best charting tool for crypto and stocks

CloudQuant - Crowd based algorithmic trading development and backtesing for stock market trading.

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

quantra - A public API for quantitative finance made with Quantlib

Robinhood - Free stock trading service.

Quantopian - Your algorithmic investing platform