# MetaTrader 5 vs Trading Simulator

The clearest difference is ratings volume: MetaTrader 5 at 86K against Trading Simulator's 1. MetaTrader 5 also leads on update cadence (fortnightly vs every 5 weeks) and chart position (#130 vs unranked). Trading Simulator's advantage is rating (5.0 vs 4.8). On price, ads, in-app purchases and device support there is nothing between them.

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

Trading Simulator holds the better App Store score, 5.0 against 4.8. That said, the two scores are not equally well evidenced: MetaTrader 5 has 86K ratings behind it against 1, so its average is the more settled of the two.

MetaTrader 5 ships an update fortnightly, Trading Simulator every 5 weeks. The most recent releases landed on October 27, 2026 and October 24, 2026 respectively.

## The numbers

| Metric | MetaTrader 5 | Trading Simulator |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.8 (86K ratings)](https://appshunter.io/ios/app/metatrader-5/id413251709/reviews) | **[5.0 (1 ratings)](https://appshunter.io/ios/app/trading-simulator/id6759189709/reviews)** |
| Number of ratings | **86K** | 1 |
| Positive reviews | 88.6% of reviews | — |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | **Fortnightly** | Every 5 weeks |
| Monetization | Free | — |
| Best chart rank | **#130** | — |
| Size | 34 MB | 38 MB |
| Requires iOS | **15.0** | 15.1 |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Age rating | 4+ | 17+ |
| Developer | [MetaQuotes Software Corp.](https://appshunter.io/developer/413251712) | [Manjot Singh](https://appshunter.io/developer/1877304950) |

## What reviewers say

### MetaTrader 5

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

**Currently charting:** #130 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 Simulator

[App page](https://appshunter.io/ios/app/trading-simulator/id6759189709)

**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 Trading Simulator free?

Trading Simulator is free to download, with no in-app purchases.

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

Trading Simulator is rated higher. MetaTrader 5 averages 4.8 out of 5 from 86K ratings, while Trading Simulator averages 5.0 from 1 ratings.

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

Neither MetaTrader 5 nor Trading Simulator shows ads.

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

MetaTrader 5 ships an update fortnightly, and Trading Simulator every 5 weeks. Most recently, MetaTrader 5 was updated on October 27, 2026 and Trading Simulator 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.*