# MetaTrader 5 vs Trading Lab

The clearest difference is rating: MetaTrader 5 at 4.8 against Trading Lab's 4.1. MetaTrader 5 also leads on in-app purchases (none vs 3) and review sentiment (89% vs 60%). Trading Lab's advantage is update cadence (every 5 days vs fortnightly). On price, ads, device support and iOS requirement there is nothing between them.

Both are free to download. Trading Lab sells 3 in-app purchases, starting at $5.99 per month. MetaTrader 5 asks for nothing beyond the download.

MetaTrader 5 holds the better App Store score, 4.8 against 4.1. That said, the two scores are not equally well evidenced: MetaTrader 5 has 86K ratings behind it against 14, 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 60% of Trading Lab's.

MetaTrader 5 ships an update fortnightly, Trading Lab every 5 days. The most recent releases landed on October 30, 2026 and October 25, 2026 respectively.

## The numbers

| Metric | MetaTrader 5 | Trading Lab |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[4.8 (86K ratings)](https://appshunter.io/ios/app/metatrader-5/id413251709/reviews)** | [4.1 (14 ratings)](https://appshunter.io/ios/app/trading-lab/id1554935189/reviews) |
| Number of ratings | **86K** | 14 |
| Positive reviews | **88.7% of reviews** | 59.7% of reviews |
| In-app purchases | **No** | Yes |
| Ads | No | No |
| Update frequency | Fortnightly | **Every 5 days** |
| Monetization | **Free** | Subscription |
| Best chart rank | **#113** | — |
| Size | 34 MB | 3.7 GB |
| Requires iOS | 15.0 | 15.0 |
| Devices | iPhone, iPad, iPod | **iPhone, iPad, iPod, Mac** |
| Age rating | 4+ | 4+ |
| Developer | [MetaQuotes Software Corp.](https://appshunter.io/developer/413251712) | [菁晶 王](https://appshunter.io/developer/1345734860) |

## What reviewers say

### MetaTrader 5

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

**Currently charting:** #113 Top Free · Finance (US App Store)

Access financial markets and trade various instruments with real-time quotes and advanced charting tools. Analyze markets using technical indicators, perform demo trades, and manage your complete trading history. Connect to hundreds of brokers for live trading.

**Highlights:** Real-time financial instrument quotes, Full set of trade orders, High-performance interactive charts, 30 technical indicators, 24 analytical objects, Complete trading history, Live and demo 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


### Trading Lab

[App page](https://appshunter.io/ios/app/trading-lab/id1554935189)

Practice trading with historical market data across stocks, forex, and crypto. Analyze performance with advanced indicators and charts, and utilize dynamic playback for realistic training. Offers a variety of trading tools and order types for comprehensive practice.

**Highlights:** Historical data playback, Multi-market symbols, Full timeframes support, High-performance indicators and charts, Dynamic market replay, Advanced trading tools, Template function for indicators

**Features:** Family Sharing, Vision Pro support

**In-app purchases (3)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Pro Monthly User | $5.99 | per month |
| Pro Yearly User | $19.99 | per year |
| Pro Permanently User | $44.99 | one-time |

**What reviewers like**

- 👍 Great for backtesting
- 👍 Good for practice
- 👍 Useful for market review
- 👍 Clear technical indicators
- 👍 Good for futures and forex training

**What reviewers complain about**

- 🐌 Painfully slow to download/load
- 🐌 Slow screen transitions
- 💰 Too expensive / requires premium
- 🚫 No obvious way to trade crypto
- 🚫 Not user-friendly

**Reported bugs**

- Slow download and screen changes
- Crypto trading not functional/advertised
- App crashes frequently
- Drawing tools disappear when changing timeframes
- External monitor display issues

**Requested features**

- Add A-share data
- Add more drawing tools (Fibonacci, etc.)
- Support US ETFs (leveraged ETFs)
- Allow importing individual stock data
- Add crypto (BTC, ETH) support


## Frequently asked questions

### Is MetaTrader 5 free?

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

### Is Trading Lab free?

Trading Lab is free to download, with in-app purchases available.

### Which has better reviews, MetaTrader 5 or Trading Lab?

MetaTrader 5 is rated higher. MetaTrader 5 averages 4.8 out of 5 from 86K ratings, while Trading Lab averages 4.1 from 14 ratings.

### Do MetaTrader 5 or Trading Lab have ads?

Neither MetaTrader 5 nor Trading Lab shows ads.

### Which is updated more often, MetaTrader 5 or Trading Lab?

MetaTrader 5 ships an update fortnightly, and Trading Lab every 5 days. Most recently, MetaTrader 5 was updated on October 30, 2026 and Trading Lab on October 25, 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.*