Comparison

MQL5 Channels vs Farcaster

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

MQL5 Channels

This secure communication platform is designed for financial services users and MQL5.com members. It offers direct messaging, channels, and chat rooms for efficient communication across all devices. Optimize data usage and enjoy fast message delivery even on slow networks.

Highlights
  • Direct messaging
  • Channels and chat rooms
  • Cross-device access
  • Efficient data packing
  • Group chat creation
  • Document and video sharing
Features
Read full description

MQL5 Channels is an intelligent and secure communications tool, built specifically for global financial services users and MQL5.com members. From direct messages and channels to chat rooms, the app, makes communication easy and efficient. Access your messages from all your devices such as phones, tablets and computers. You can start communication from your home PC and easily continue on your way to the office or a meeting. With the highly efficient data packing, your messages are delivered using as little data as possible. Messages are delivered quickly, even on slow networks and devices. Create group chats, post videos and share documents. Your data is protected and accessible from anywhere. The app will be extremely useful for traders as well as for active MetaTrader 4 and MetaTrader 5 users. Use all the power of the MQL5.com chat service in the easiest and most comfortable way. Furthermore, it is the perfect tool for hosting online financial service communities and for coordinating trading teams. While a vast features list is provided, we have made efforts to keep the interface clean and simple. Install MQL5 Channels, one of the easiest to use messaging apps.

About

Farcaster

A decentralized social network where users control their identity and data. Connect with a global community by creating a profile, posting public messages, and engaging in private conversations. Experience a new way to socialize online.

Highlights
  • Decentralized social network
  • User-controlled identity
  • Create public profile
  • Post public messages
  • Send private messages
  • Discover users and profiles
Read full description

Sign up requires an in-app purchase. Farcaster is a new type of social network. It's decentralized, like email, which means you control your account and identity. It's an ever-growing community of interesting, curious people from all over the world. Connect with others by creating a profile and posting public messages. What can you do with Farcaster: - Create a Farcaster account and public profile - Post and reply to public messages - Send private messages to friends - Find other users and visit public profiles You can keep updated by following us on (@farcaster) or on X (@farcaster_xyz). If you need to contact support, please send an email to support+ios@neynar.com.

Screenshots

MQL5 Channels4 screens
Farcaster3 screens

Verdict

The call

The clearest difference is review sentiment: Farcaster at 50% against MQL5 Channels's 0%. Farcaster also leads on rating (4.6 vs 4.0) and update cadence (every 5 days vs every 7 months). MQL5 Channels's advantage is in-app purchases (none vs 10). On price, ads, device support and iOS requirement there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Farcaster sells 10 one-off in-app purchases. MQL5 Channels asks for nothing beyond the download.

ReceptionRating · Positive reviews · Number of ratings

Farcaster holds the better App Store score, 4.6 against 4.0. That said, the two scores are not equally well evidenced: Farcaster has 1.1K ratings behind it against 23, so its average is the more settled of the two. Written reviews point the same way: 0% of MQL5 Channels's written reviews are positive against 50% of Farcaster's.

UpkeepUpdate frequency

MQL5 Channels ships an update every 7 months, Farcaster every 5 days. The most recent releases landed on November 3, 2026 and November 5, 2026 respectively.

Scorecard6 real differences · 4 level
MQL5 Channels versus Farcaster: the parameters behind the verdict, then further details
ParameterMQL5 ChannelsFarcaster
PriceFreeFree
Rating4.0 (23 ratings)4.6 (1.1K ratings) — better
Positive reviews0.0% of reviews50.4% of reviews — better
Number of ratings231.1K — better
Update frequencyEvery 7 monthsEvery 5 days — better
AdsNoNo
In-app purchasesNo — betterYes
MonetizationFree — betterFree with in-app purchases
DevicesiPhone, iPad, iPodiPhone, iPad, iPod
Requires iOS15.0 — better15.1
Further details — not scored
Size7 MB92 MB
Age rating4+12+
DeveloperMetaQuotes Software Corp.Merkle Manufactory

Customer experience

MQL5 Channels

All ratings21 ratings
Positive71.4%
Neutral0.0%
Negative28.6%
Written reviews8 reviews
Positive0.0%
Neutral12.5%
Negative87.5%

Farcaster

All ratings1,131 ratings
Positive90.5%
Neutral0.5%
Negative9.0%
Written reviews585 reviews
Positive50.4%
Neutral3.2%
Negative46.3%

Bugs and requests

MQL5 Channels

Not enough reviews yet to summarise bugs or requests.

Farcaster

Reported bugs

5 issues
  • Registration issues
  • Inability to upload photos
  • Crashes and app instability
  • Problems with in-app purchases
  • Sync issues between devices

Requested features

5 requests
  • Multi-language support
  • Improved notifications
  • Expanded content sharing options
  • Better integration with web3 tools
  • Enhanced analytics and metrics

In-app purchases

None

MQL5 Channels

No in-app purchases

10 purchases

Farcaster

One-time10
  • Warpcast Gas Fee$1.00
  • Warpcast Gas Fee$2.00
  • Warpcast Gas Fee$3.00
Show 7 more
  • Onchain Gas Fee$5.00
  • Onchain Gas Fee$9.00
  • Warpcast Gas Fee$12.00
  • Onchain Gas Fee$18.00
  • Warpcast Gas Fee$24.00
  • Onchain Gas Fee$27.00
  • Onchain Gas Fee$45.00

Questions

Is MQL5 Channels free?
MQL5 Channels is free to download, with no in-app purchases.
Is Farcaster free?
Farcaster is free to download, with in-app purchases available.
Which has better reviews, MQL5 Channels or Farcaster?
Farcaster is rated higher. MQL5 Channels averages 4.0 out of 5 from 23 ratings, while Farcaster averages 4.6 from 1.1K ratings.
Do MQL5 Channels or Farcaster have ads?
Neither MQL5 Channels nor Farcaster shows ads.
Which is updated more often, MQL5 Channels or Farcaster?
MQL5 Channels ships an update every 7 months, and Farcaster every 5 days. Most recently, MQL5 Channels was updated on November 3, 2026 and Farcaster on November 5, 2026.

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