Comparison

MetaTrader 5 vs LFPay

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 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
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

LFPay

This app provides a secure and convenient mobile payment and e-wallet service. It allows users to manage funds, make QR code payments, and access various life services through a unified platform for individuals, merchants, and agents.

Highlights
  • E-wallet account management
  • Fund transfers and balance inquiry
  • QR code payment and collection
  • Merchant transaction management
  • Access to lifestyle services
  • Unified platform for multiple roles
Features
Read full description

LFPay is an e-wallet and mobile payment application operated by Laos Financial Technology Co., Ltd. It builds a localized digital life service ecosystem around "payment + scenario services" to provide users with a safe and convenient one-stop payment and life service experience. Through LFPay, users can not only manage their wallet accounts, transfer funds, and make QR code payments, but also directly use their wallets to complete consumption and service payments in multiple cooperative scenarios, achieving efficient connection between fund transfers and life services. The platform also supports individual users, merchants, and authorized agents to use it within the same application, meeting the usage needs of different roles in the ecosystem. Main functions e-wallet account registration and management Balance inquiry and transaction record viewing Wallet top-up, withdrawal and transfer QR code payment and collection Merchant payment collection and transaction management Lifestyle services and payment portals for partner scenarios Unified use for multiple roles including individuals, merchants, and agents Ecological Scene Description With payment as its core, LFPay continues to expand local convenience services and business application scenarios, including but not limited to daily consumption, service payment and platform cooperation services, to provide users and merchants with stable and efficient digital connectivity capabilities. Safety and Compliance LFPay prioritizes user funds and information security, employing mechanisms such as security authentication, encrypted data transmission, and transaction monitoring to ensure transaction security and system stability. The platform operates in strict compliance with relevant Lao laws and regulations. LFPay does not offer investment, lending, cryptocurrency, or other high-risk financial services. Keywords LFPay, e-wallet, mobile payment, ecosystem payment, QR code payment, convenience services, merchant collection , Laos financial payment

Screenshots

MetaTrader 54 screens
LFPay3 screens

Verdict

The call

The clearest difference is ratings volume: MetaTrader 5 at 85K against LFPay's 5. MetaTrader 5 also leads on chart position (#106 vs unranked). LFPay's advantage is rating (5.0 vs 4.8) and review sentiment (100% vs 88%). On price, ads, in-app purchases and monetization model 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

LFPay holds the better App Store score, 5.0 against 4.8. That said, the two scores are not equally well evidenced: MetaTrader 5 has 85K ratings behind it against 5, so its average is the more settled of the two. Written reviews point the same way: 88% of MetaTrader 5's written reviews are positive against 100% of LFPay's.

UpkeepUpdate frequency

MetaTrader 5 ships an update fortnightly, LFPay weekly. The most recent releases landed on October 14, 2026 and September 30, 2026 respectively.

Scorecard5 real differences · 6 level
MetaTrader 5 versus LFPay: the parameters behind the verdict, then further details
ParameterMetaTrader 5LFPay
PriceFreeFree
Rating4.8 (85K ratings)5.0 (5 ratings) — better
Positive reviews88.4% of reviews100.0% of reviews — better
Number of ratings85K — better5
Update frequencyFortnightlyWeekly — better
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
Best chart rank#106 — better—
DevicesiPhone, iPad, iPodiPhone, iPad, iPod
Requires iOS15.015.0
Further details — not scored
Size34 MB87 MB
Age rating4+17+
DeveloperMetaQuotes Software Corp.Laos Financial Technology Co.,Ltd

Customer experience

MetaTrader 5

All ratings84,628 ratings
Positive95.4%
Neutral2.1%
Negative2.5%
Written reviews8,639 reviews
Positive88.4%
Neutral2.3%
Negative9.3%

LFPay

All ratings5 ratings
Positive100.0%
Neutral0.0%
Negative0.0%
Written reviews2 reviews
Positive100.0%
Neutral0.0%
Negative0.0%

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

LFPay

Not enough reviews yet to summarise bugs or requests.

In-app purchases

None

MetaTrader 5

No in-app purchases

None

LFPay

No in-app purchases

Questions

Is MetaTrader 5 free?
MetaTrader 5 is free to download, with no in-app purchases.
Is LFPay free?
LFPay is free to download, with no in-app purchases.
Which has better reviews, MetaTrader 5 or LFPay?
LFPay is rated higher. MetaTrader 5 averages 4.8 out of 5 from 85K ratings, while LFPay averages 5.0 from 5 ratings.
Do MetaTrader 5 or LFPay have ads?
Neither MetaTrader 5 nor LFPay shows ads.
Which is updated more often, MetaTrader 5 or LFPay?
MetaTrader 5 ships an update fortnightly, and LFPay weekly. Most recently, MetaTrader 5 was updated on October 14, 2026 and LFPay on September 30, 2026.

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