# MQL5 Channels vs Farcaster

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.

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

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.

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.

## The numbers

| Metric | MQL5 Channels | Farcaster |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.0 (23 ratings)](https://appshunter.io/ios/app/mql5-channels/id1553871721/reviews) | **[4.6 (1.1K ratings)](https://appshunter.io/ios/app/farcaster/id1600555445/reviews)** |
| Number of ratings | 23 | **1.1K** |
| Positive reviews | 0.0% of reviews | **50.4% of reviews** |
| In-app purchases | **No** | Yes |
| Ads | No | No |
| Update frequency | Every 7 months | **Every 5 days** |
| Monetization | **Free** | Free with in-app purchases |
| Size | 7 MB | 92 MB |
| Requires iOS | **15.0** | 15.1 |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Age rating | 4+ | 12+ |
| Developer | [MetaQuotes Software Corp.](https://appshunter.io/developer/413251712) | [Merkle Manufactory](https://appshunter.io/developer/1600555567) |

## What reviewers say

### MQL5 Channels

[App page](https://appshunter.io/ios/app/mql5-channels/id1553871721)

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:** macOS Compatibility, Vision Pro support

**In-app purchases:** none


### Farcaster

[App page](https://appshunter.io/ios/app/farcaster/id1600555445)

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

**In-app purchases (10)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Warpcast Gas Fee | $1.00 | one-time |
| Warpcast Gas Fee | $2.00 | one-time |
| Warpcast Gas Fee | $3.00 | one-time |
| Onchain Gas Fee | $5.00 | one-time |
| Onchain Gas Fee | $9.00 | one-time |
| Warpcast Gas Fee | $12.00 | one-time |
| Onchain Gas Fee | $18.00 | one-time |
| Warpcast Gas Fee | $24.00 | one-time |
| Onchain Gas Fee | $27.00 | one-time |
| Onchain Gas Fee | $45.00 | one-time |

**What reviewers like**

- 🚀 Smooth experience
- 🌟 Great community
- 💡 Innovative features
- 🌐 Decentralized social network
- 👍 User-friendly interface

**What reviewers complain about**

- 🐛 Bugs and glitches
- 💰 Paid subscription required
- 🤖 Issues with bots/spam
- 🌐 Onboarding challenges
- 🤔 Confusing payment process

**Reported bugs**

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

**Requested features**

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


## Frequently asked 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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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*