# MetaTrader 5 vs TEFS Evolution

The clearest difference is review sentiment: MetaTrader 5 at 89% against TEFS Evolution's 25%. MetaTrader 5 also leads on rating (4.8 vs 2.3) and ratings volume (86K vs 3). On price, ads, in-app purchases and monetization model there is nothing between them.

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

MetaTrader 5 holds the better App Store score, 4.8 against 2.3. That said, the two scores are not equally well evidenced: MetaTrader 5 has 86K ratings behind it against 3, so its average is the more settled of the two. Written reviews point the same way: 89% of MetaTrader 5's written reviews are positive against 25% of TEFS Evolution's.

MetaTrader 5 ships an update fortnightly, TEFS Evolution every 3 months. The most recent releases landed on November 1, 2026 and October 24, 2026 respectively.

## The numbers

| Metric | MetaTrader 5 | TEFS Evolution |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[4.8 (86K ratings)](https://appshunter.io/ios/app/metatrader-5/id413251709/reviews)** | [2.3 (3 ratings)](https://appshunter.io/ios/app/tefs-evolution/id1486425335/reviews) |
| Number of ratings | **86K** | 3 |
| Positive reviews | **88.7% of reviews** | 25.0% of reviews |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | **Fortnightly** | Every 3 months |
| Monetization | Free | Free |
| Best chart rank | **#125** | — |
| Size | 35 MB | 54 MB |
| Requires iOS | 15.0 | **14.0** |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Age rating | 4+ | 17+ |
| Developer | [MetaQuotes Software Corp.](https://appshunter.io/developer/413251712) | [TEFS Marketing Management LLC](https://appshunter.io/developer/6801225819) |

## What reviewers say

### MetaTrader 5

[App page](https://appshunter.io/ios/app/metatrader-5/id413251709)

**Currently charting:** #125 Top Free · Finance (US App Store)

Access real-time financial market data, analyze with advanced tools, and execute trades directly from your mobile device. Connect to hundreds of brokers for both demo and live trading, and stay informed with financial news.

**Highlights:** Real-time financial instrument quotes, Full set of trade orders, Advanced technical indicators, Interactive real-time charts, Financial news and trader chats, Demo and live trading

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases:** none

**What reviewers like**

- 🚀 Fast and easy to use
- 👍 Smooth and intuitive interface
- 🚀 Silky smooth charts and navigation
- 👍 Comprehensive trading features
- 👍 Excellent platform for beginners and experienced traders

**What reviewers complain about**

- 🐛 Occasional freezing or disappearing of the app
- 🐛 Inconsistent pricing data compared to other platforms
- 🐛 Difficulty adjusting stop loss and take profit levels precisely
- 🐛 Confusing time zone settings
- 🐛 Slow server connection at times

**Reported bugs**

- Login issues and account blocking
- Disappearing indicators and objects on charts
- Inconsistent lot size display and calculation

**Requested features**

- Add time remaining indicator for different timeframes
- Ability to export trade history
- Option to customize chart background color
- Implement trailing stop loss feature on mobile
- Add alerts and notifications for price levels


### TEFS Evolution

[App page](https://appshunter.io/ios/app/tefs-evolution/id1486425335)

This finance app offers secure and intuitive access to your accounts with a single login. It provides advanced charting tools and real-time market data for informed financial decisions.

**Highlights:** Single login account access, Advanced charting tools, Real-time market data, Secure and intuitive interface

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases:** none


## Frequently asked questions

### Is MetaTrader 5 free?

MetaTrader 5 is free to download, with no in-app purchases.

### Is TEFS Evolution free?

TEFS Evolution is free to download, with no in-app purchases.

### Which has better reviews, MetaTrader 5 or TEFS Evolution?

MetaTrader 5 is rated higher. MetaTrader 5 averages 4.8 out of 5 from 86K ratings, while TEFS Evolution averages 2.3 from 3 ratings.

### Do MetaTrader 5 or TEFS Evolution have ads?

Neither MetaTrader 5 nor TEFS Evolution shows ads.

### Which is updated more often, MetaTrader 5 or TEFS Evolution?

MetaTrader 5 ships an update fortnightly, and TEFS Evolution every 3 months. Most recently, MetaTrader 5 was updated on November 1, 2026 and TEFS Evolution on October 24, 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.*