MetaTrader 5 vs Deriv Copy
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
MetaTrader 5
Access real-time financial market data, perform technical analysis with advanced charting 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 and trader chats.
- Real-time financial instrument quotes
- Full set of trade orders
- Advanced charting with 30+ technical indicators
- Interactive price charts
- Financial news and trader chats
- Demo and live trading capabilities
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Connect to hundreds of brokers and trade in financial markets using MetaTrader 5 for iPhone and iPad. The mobile trading platform allows you to receive quotes of financial instruments, analyze markets using charts and technical indicators, perform demo trades, connect to brokers for live trading and view the history of trading operations. Risk Warning: Our programs may involve real trading with a high risk of losing money rapidly. Most retail investor accounts lose money when trading financial products. You should consider whether you understand how various financial products work and whether you can afford to take the high risk of losing money. TRADING • Real-time quotes of financial instruments • Full set of trade orders, including pending orders • Depth of Market (Level 2) • All types of trade execution • Complete trading history ADVANCED FUNCTIONALITY • High-performance charts • Customizable chart color scheme • Configuring properties of graphical objects and indicators • Display of four charts in one window available on the MetaTrader 5 for iPad • Trade levels visualizing the prices of pending order, as well as SL and TP values on the chart • Information window that displays orders, trading history, emails, news, and logs in MetaTrader 5 iPad • Sound notifications • Financial news — dozens of materials daily • Secure and fast chats with other traders, creation of group chats and channels • Support for push-notifications from the desktop platform and MQL5.community services TECHNICAL ANALYSIS • Interactive real-time price charts with zoom and scroll options • 30 most popular technical indicators • 24 analytical objects: lines, channels, geometric shapes, as well as Gann, Fibonacci and Elliott tools • 9 timeframes: M1, M5, M15, M30, H1, H4, D1, W1 and MN • 3 types of charts: bars, Japanese candlesticks and broken line Download MetaTrader 5, connect to a broker and trade in financial markets! To trade using real money, you need to open a real trading account by entering into a separate agreement with a financial company (broker), which has installed the server component of the MetaTrader 5 trading platform and has the appropriate permissions to provide financial trading service in their respective country. MetaQuotes is a software company and does not provide financial services, nor it has access to MetaTrader 5 platform servers and databases managed by financial companies.
Deriv Copy
This app allows users to engage in social copy trading by following and mirroring the strategies of experienced traders. It automates the trading experience through a Deriv Standard account, offering risk management tools and a built-in interface for monitoring trades.
- Follow top traders
- Automate trading strategies
- Discover and analyze professional traders
- Risk management tools
- Built-in trading interface
- Real-time trade execution
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Copy trade with ease on Deriv Copy Deriv Copy is a social copy trading app that allows you to follow top traders, mirror their strategies, and automate your trading experience—all through your Deriv Standard account. Designed for both beginner and experienced traders, Deriv Copy helps you discover, analyse, and copy professional traders’ strategies across a wide range of trading markets. Whether you want to learn from experts, diversify your trading portfolio or simplify your trading approach, Deriv Copy makes it effortless. Why choose Deriv Copy? Follow top traders – Browse and select from a network of experienced traders. Automate your trading – Copy trades seamlessly, no manual execution needed. Diverse trading strategies – Choose from trend following, and more. Risk management tools – Set trade sizes, stop copying anytime, and adjust allocation. Built-in trading interface – Monitor copied trades and stay in control at all times. How it works Find a trader – Select top-performing strategy providers based on their performance. Set your risk – Customise trade size, leverage, and capital allocation. Copy automatically – Let the app execute trades in real time while you stay in control. Trade with confidence Deriv Copy provides a seamless, secure trading experience, fully integrated with Deriv Standard accounts. With real-time trade execution, transparent analytics, and flexible copy settings, you can trade pairs effortlessly while learning from top traders. Get started today! Download the Deriv Copy app and start copy trading in just a few steps.
Screenshots
Verdict
The clearest difference is rating: MetaTrader 5 at 4.8 against Deriv Copy's 3.6. MetaTrader 5 also leads on ratings volume (87K vs 5) and update cadence (fortnightly vs every 2 months). On price, ads, in-app purchases and device support 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
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 3.6. That said, the two scores are not equally well evidenced: MetaTrader 5 has 87K ratings behind it against 5, so its average is the more settled of the two.
MetaTrader 5 ships an update fortnightly, Deriv Copy every 2 months. The most recent releases landed on November 6, 2026 and October 30, 2026 respectively.
| Parameter | MetaTrader 5 | Deriv Copy |
|---|---|---|
| Price | Free | Free |
| Rating | 4.8 (87K ratings) — better | 3.6 (5 ratings) |
| Positive reviews | 88.7% of reviews | — |
| Number of ratings | 87K — better | 5 |
| Update frequency | Fortnightly — better | Every 2 months |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free — better | Ad-supported |
| Best chart rank | #117 — better | — |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Requires iOS | 15.0 | 15.0 |
| Further details — not scored | ||
| Size | 35 MB | 68 MB |
| Age rating | 4+ | 4+ |
| Developer | MetaQuotes Software Corp. | Deriv Investments (Europe) Ltd |
Customer experience
MetaTrader 5
Deriv Copy
Bugs and requests
MetaTrader 5
Reported bugs
3 issues- Login issues and account blocking
- Disappearing indicators and objects on charts
- Inconsistent lot size display and calculation
Requested features
5 requests- 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
Deriv Copy
Not enough reviews yet to summarise bugs or requests.
In-app purchases
MetaTrader 5
No in-app purchases
Deriv Copy
No in-app purchases
Questions
Is MetaTrader 5 free?
Is Deriv Copy free?
Which has better reviews, MetaTrader 5 or Deriv Copy?
Do MetaTrader 5 or Deriv Copy have ads?
Which is updated more often, MetaTrader 5 or Deriv Copy?
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