E*TRADE vs. MetaTrader 5

MetaTrader 5

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
E*TRADE	Score 1.2 out of 10	N/A	E*TRADE is a financial services company and pioneer in the online brokerage industry. Having executed the first-ever electronic trade by an individual investor more than 30 years ago, the Company focused on delivering complete and easy-to-use solutions for traders, investors and stock plan participants.	N/A
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

E*TRADE

MetaTrader 5

Editions & Modules

No answers on this topic

Offerings

Pricing Offerings
E*TRADE	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

$0--Stocks, options, and ETFs/ $0.65 50¢ with 30+ trades per quarter--Options contracts/ $1.50--Futures contracts/ $1.00 per bond, (minimum $10, maximum $250)--Bonds (online secondary trades)

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
	E*TRADE	MetaTrader 5
Considered Both Products	ETRADE Verified User Anonymous Chose ETRADE Robinhood is similar to e-trade but they are geared more to bitcoin and companies that may not be offered on E*TRADE because they are off-market companies. 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
	E*TRADE	MetaTrader 5
Small Businesses	Coinbase Score 9.0 out of 10	Coinbase Score 9.0 out of 10
Medium-sized Companies	Coinbase Score 9.0 out of 10	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
	E*TRADE	MetaTrader 5
Likelihood to Recommend	1.2 (0 ratings)	8.4 (0 ratings)

User Testimonials
	E*TRADE	MetaTrader 5
Likelihood to Recommend	Being used other panels, E*TRADE has an edge on getting things done related trading, selling and purchasing at a great extend, it is very easy to use, provided that the users have very less knowledge in Share Markets, the tool has a minimal platform as. well as advanced features to work with multiple people. However, there is room for improvement in terms of Management features and Support after the employee leaves. 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	I like their sell orders that allow you to set a price or percentage as a stop loss. Their dashboard is easy to use and gives you some quick info. I also like ETRADE's reports for gains and losses. Moving funds into and out of your accounts is pretty simple with ETRADE. Incentivized John Dykstra Small Business Owner 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	summary page needs to have more details like it doesn't show current market price for an option purchased purchase or sell needs to be user friendly so it takes less time. Incentivized SG sandeep godasi finance tax solutions manager 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
Alternatives Considered	robinhood is similar to e-trade but they are geared more to bitcoin and companies that may not be offered on E*TRADE because they are off-market companies. Incentivized Verified User Anonymous 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	Limit how much you want invest. This is an open trade website and there is a risk of losing your money based on your investments. If you make some sound investments and keep yourself within a budgeted spending limit there is the opportunity to make money on e-trade. Incentivized Verified User Anonymous 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
ScreenShots