Coinbase vs. MetaTrader 5

MetaTrader 5

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Coinbase	Score 9.0 out of 10	N/A	Coinbase is a digital currency exchange (Coinbase Pro) and crypto-oriented software solution suite for businesses, including hosted checkout pages, payment buttons, invoicing, and multiple ecommerce integrations (Coinbase Commerce), a turnkey solution for brokerages, exchanges, and fintechs enabling them to offer customers crypto (Coinbase Prime), crypto asset custody (Coinbase Custody), and a wallet to self-store crypto (Coinbase Wallet).	$0.20 taker fee
MetaTrader 5	Score 6.1 out of 10	N/A	Henyep Capital Markets (HYCM) & MetaTrade are FCA and CySEC-regulated market leader in providing online FX and CFD trading to retail and institutional investors. HYCM is part of the Henyep Group, an international conglomerate with business in financial services, property, education and charity spanning 20 countries across 3 continents.	N/A

Pricing

Coinbase

MetaTrader 5

Editions & Modules

$100K-$1M: $0.20
taker fee
$10-50K: $0.35
taker fee
<$10K: $0.50
taker fee

No answers on this topic

Offerings

Pricing Offerings
Coinbase	MetaTrader 5
Free Trial
No	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

Entry-level Setup Fee

No setup fee

Additional Details

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Fixed---Fixed Spreads from 1.8 pips ("percentage in point")----No Commission/ Classic--Variable Spreads from 1.2 pips (percentage in point)--No Commission/ Raw--Raw Spreads from 0.2pips (percentage in point) + $4 per round/

More Pricing Information

Community Pulse
	Coinbase	MetaTrader 5
Considered Both Products	Coinbase Verified User Anonymous Chose Coinbase I actually prefer BlockFi to Coinbase (currently using both). BlockFi has more clear information on my tax basis and is far more transparent on interest rates for staked assets. I wish Coinbase would follow suit. Incentivized Helpful? Verified User Anonymous Chose Coinbase I have personally used Robinhood for micro-transactions, and it is similar to Coinbase, but Coinbase is more widely used and accepted. We ended up going with Coinbase because of the selection of currencies available, Coinbase's market presence, and secure transactions. I feel … Incentivized Helpful? Verified User Anonymous Chose Coinbase I tried different tools but ended up choosing Coinbase as the main one because of the simple interface and the way it is clearer in displaying its features. Despite not being the easiest for beginners, Coinbase is not chaotic and dispersive like some other tools. Incentivized Helpful? MW Mark Wong Head of Web Development Chose Coinbase Coinbase and Robinhood both offer crypto trading and investing. Coinbase, however, also offers to stake along with sending and receiving crypto. It's also nice that Coinbase focuses on crypto rather than also offering the purchasing and selling of stocks. Coinbase also does a … Incentivized Helpful? Verified User Anonymous Chose Coinbase They can learn more from Binance and how things are done, they are a good example. Also, the fact that they care about their users it's a nice thing, and being in this new world of cryptocurrencies there is space to grow and improve always as this world just emerged. Incentivized Helpful? RASHAB KAUSHIK Research Analyst Chose Coinbase Coinbase provides better security than its other market competitors and its insurance program allows us to be stressed free of our investment. It What I liked best about Coinbase was how simple it was to transmit cryptocurrency from one account to another via email and that … Incentivized Helpful? Anmol Dubey CTO (Chief Technical Officer) Chose Coinbase In terms of security, speed, and pricing, Coinbase outperforms other bitcoin services. It has assisted us in making sound investments and offers us with high passive returns. In compared to others, Coinbase performed admirably. Incentivized Helpful? Verified User Anonymous Chose Coinbase Coinbase is just better overall, with access to investments that can be traded for USD. As well as the crypto that can gain interest, Coinbase is amazing at educating the user along with providing real-time data, that allows the user to make the best decision they can when … Incentivized Helpful? Verified User Anonymous Chose Coinbase Coinbase 100% is more user-friendly with beginners whereas Binance is tailored more towards seasoned crypto traders. Coinbase does offer a lot more options as well as far as types of coins to trade and of course, they're supposed to be the most secure platform. Coinbase has … Incentivized Helpful? Verified User Anonymous Chose Coinbase I use Coinbase alongside a few other platforms for their various benefits. Some platforms have different rates for different currencies, for transfers as well as for staking rewards, so it can be beneficial to have options when looking at a particular transaction. Coinbase is … Incentivized Helpful? Verified User Anonymous Chose Coinbase Coinbase has both the Coinbase wallet and the standard app. I like to use Coinbase over Robinhood because it has significantly more options. Incentivized Helpful? CharRon E. Smith Sound Engineer Chose Coinbase If you want to get a small understanding on bitcoin, Fetch.ai, stellar Lumen, or Clover. Then I suggest going with coinbase. You will get $10 worth of cryptocurrency to start your trading adventure. You can get venmo or cashapp but they just allow you to spend your money but … Incentivized Helpful? Verified User Anonymous Chose Coinbase Coinbase is one of the best in the industry for SME custody-focused investment companies. We were able to complete our objectives with Coinbase. We selected Coinbase as we were familiar with their UI from personal trading experiences. Originally, compared to its competitors, … Incentivized Helpful? Verified User Anonymous Chose Coinbase Coinbase is easier to use and has a nice simple user interface. However, it may be lack some of the alternative coins, that we do not accept anyway. It easily allows you to keep track of what is going on. It also lets you see in real-time your balance and notifications are … Incentivized Helpful? MZ Mike Zipperer Systems Administrator Chose Coinbase Far less waiting in Coinbase than other applications I've used. Coinbase has superior security features such as 2fa and secure transactions. Incentivized Helpful? Verified User Anonymous Chose Coinbase Coinbase is more focused on just crypto [whereas] Robinhood also has involvement in stocks. Incentivized Helpful? John La Belle President Chose Coinbase Binance didn't seem to be something I would have wanted to jump into as a novice, and at the time it wasn't approved to operate in the US. Incentivized Helpful? Brian Chung Co-Founder Chose Coinbase Coinbase is an easy to use program. I've also used Binance, and Coinbase is so much easier. I've used BitPay to accept crypto onto my store, but it had me make another account, set-up a wallet, etc. I've used a bunch of other exchanges, and Coinbase is by far the easiest to use. Incentivized Helpful? Jim Rubenstein Chief Technology Officer Chose Coinbase Coinbase definitely provides the most impressive user experience of all the crypto-currency exchanges.Coinbase is one of only a few that US uses to buy crypto with fiat (USD) currency, making it on the short list of feasible platforms to use. However, Coinbase does lack options … Incentivized Helpful? Tom Davies Country Marketing Manager Chose Coinbase Coinbase is an entry-level platform for cryptocurrency trading. I would prefer to use Gemini or Bittrex now that I am familiar with how to use and trade in these types of currency. Coinbase needs to improve its customer support or it will struggle to scale effectively alongside … Incentivized Helpful?	MetaTrader 5 Neeraj Kumar Gupta DevOps Architect Chose MetaTrader 5 1. Better in terms of investor accounting and investor reporting management. 2. Easy to use and setup and better in terms of decision making with algorithmic charts. 3. Better in terms of pricing overall a good and well recommended product to use for all sorts of trading and … Incentivized Helpful?

Best Alternatives
	Coinbase	MetaTrader 5
Small Businesses	No answers on this topic	Coinbase Score 9.0 out of 10
Medium-sized Companies	No answers on this topic	Coinbase Score 9.0 out of 10
Enterprises	No answers on this topic	No answers on this topic
All Alternatives	View all alternatives	View all alternatives

User Ratings
	Coinbase	MetaTrader 5
Likelihood to Recommend	8.4 (0 ratings)	8.4 (0 ratings)
Usability	9.0 (0 ratings)	- (0 ratings)
Support Rating	6.4 (0 ratings)	- (0 ratings)

User Testimonials
	Coinbase	MetaTrader 5
Likelihood to Recommend	Coinbase is well suited to the beginning investor, or someone who wants to learn more about Crytpo. While not all forms of Crypto are available for purchase outside of Coinbase Wallet, the variety is great. Also, the way their graphs display performance over time is so convenient, we do not have to do excessive outside research, because Coinbase is great at keeping relevant information in one place. Incentivized Verified User Anonymous Read full review	Using it to generate the Trading and Investing signals with the integration for my trading strategies Incentivized RM Rajat Miglani Test Lead Read full review
Pros	Coinbase has a really nice looking design which offers for a better user experience. Coinbase is extremely easy to use. Coinbase does a great job delivering company news/changes to its users. Coinbase offers frequent updates which makes you feel more secure using their services. Incentivized MW Mark Wong Head of Web Development Read full review	forex trading analysis and charts with better time intervals better user interface trading based on AI and algorithms Incentivized Neeraj Kumar Gupta DevOps Architect Read full review
Cons	The fees coinbase charges on top of the crypto networks are relatively high, compared to the rest of the industry Under load/high volume, the site and application become unresponsive Customer support is lacking. It's hard to talk to a human and get a real response to your questions/concerns. This is particularly irritating since we're dealing with money. Incentivized Jim Rubenstein Chief Technology Officer Read full review	support can be better reachability is troublesome due to heavy user base security is the biggest issue and lacks trust Incentivized Neeraj Kumar Gupta DevOps Architect Read full review
Usability	The application and desktop versions are updated regularly and rarely experience down time. Incentivized Verified User Anonymous Read full review	No answers on this topic
Support Rating	I haven't needed to contact support for Coinbase yet—it's probably because it is super easy to use and very intuitive. If I were to use the support, it would probably be better than these other companies because most of the other ones come from foreign markets or aren't as big as Coinbase. Incentivized Brian Chung Co-Founder Read full review	No answers on this topic
Alternatives Considered	Coinbase and robinhood both offer crypto trading and investing. Coinbase, however, also offers to stake along with sending and receiving crypto. It's also nice that Coinbase focuses on crypto rather than also offering the purchasing and selling of stocks. Coinbase also does a better job of trying to educate their users about each crypto and often offers free crypto with that education. I use Coinbase for crypto trading/purchasing for those reasons. Incentivized MW Mark Wong Head of Web Development Read full review	1. Better in terms of investor accounting and investor reporting management. 2. Easy to use and setup and better in terms of decision making with algorithmic charts. 3. Better in terms of pricing overall a good and well recommended product to use for all sorts of trading and forex, hedge etc. Incentivized Neeraj Kumar Gupta DevOps Architect Read full review
Return on Investment	I have been interested in investing. But certain stocks are high. Cryptocurrency is open to whatever amount you have unlike stash or e-trader that only you a small amount to ownership I get the benefits to be educated on a few currencies and blockchains. They even give you a starting amount to get you trading To withdrawal, coinbase ask which currency to withdraw from. Then give a QR code to point at a bitcoin ATM or service. Incentivized CharRon E. Smith Sound Engineer Read full review	it helped in better decision making while forex trading helped in clear understanding and easy guides on how to use this platform for trading security and trust is the big negative for us, where anyone can claim wrong profits overall it helped us in better returns on our investments, better than MT4 Incentivized Neeraj Kumar Gupta DevOps Architect Read full review
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