Comparison

MetaTrader 5 vs Deriv Copy

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

Head to head
About

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.

Highlights
  • 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
Features
Currently charting
Read full description

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.

About

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.

Highlights
  • Follow top traders
  • Automate trading strategies
  • Discover and analyze professional traders
  • Risk management tools
  • Built-in trading interface
  • Real-time trade execution
Features
Read full description

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

MetaTrader 54 screens
Deriv Copy4 screens

Verdict

The call

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

CostPrice · In-app purchases · Ads · Monetization

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

ReceptionRating · Positive reviews · Number of ratings

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.

UpkeepUpdate frequency

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.

Scorecard5 real differences · 6 level
MetaTrader 5 versus Deriv Copy: the parameters behind the verdict, then further details
ParameterMetaTrader 5Deriv Copy
PriceFreeFree
Rating4.8 (87K ratings) — better3.6 (5 ratings)
Positive reviews88.7% of reviews—
Number of ratings87K — better5
Update frequencyFortnightly — betterEvery 2 months
AdsNoNo
In-app purchasesNoNo
MonetizationFree — betterAd-supported
Best chart rank#117 — better—
DevicesiPhone, iPad, iPodiPhone, iPad, iPod
Requires iOS15.015.0
Further details — not scored
Size35 MB68 MB
Age rating4+4+
DeveloperMetaQuotes Software Corp.Deriv Investments (Europe) Ltd

Customer experience

MetaTrader 5

All ratings86,364 ratings
Positive95.4%
Neutral2.1%
Negative2.5%
Written reviews8,924 reviews
Positive88.7%
Neutral2.3%
Negative9.1%

Deriv Copy

All ratings5 ratings
Positive60.0%
Neutral0.0%
Negative40.0%

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

None

MetaTrader 5

No in-app purchases

None

Deriv Copy

No in-app purchases

Questions

Is MetaTrader 5 free?
MetaTrader 5 is free to download, with no in-app purchases.
Is Deriv Copy free?
Deriv Copy is free to download, with no in-app purchases.
Which has better reviews, MetaTrader 5 or Deriv Copy?
MetaTrader 5 is rated higher. MetaTrader 5 averages 4.8 out of 5 from 87K ratings, while Deriv Copy averages 3.6 from 5 ratings.
Do MetaTrader 5 or Deriv Copy have ads?
Neither MetaTrader 5 nor Deriv Copy shows ads.
Which is updated more often, MetaTrader 5 or Deriv Copy?
MetaTrader 5 ships an update fortnightly, and Deriv Copy every 2 months. Most recently, MetaTrader 5 was updated on November 6, 2026 and Deriv Copy on October 30, 2026.

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