MetaTrader 4 vs iTrader
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
MetaTrader 4
Trade currency markets and analyze quotes with real-time data and advanced charting tools. Perform trading operations, manage orders, and access financial news. Connect to hundreds of brokers for a comprehensive trading experience.
- Real-time currency quotes
- Full set of trade orders
- High-performance interactive charts
- 30 technical indicators
- 24 analytical objects
- Financial news and sound notifications
- Secure chats with other traders
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Connect to hundreds of brokers and trade on currency markets from the MetaTrader 4 for iPhone or iPad! The mobile trading platform allows you to perform trading operations and analyze currency quotes using technical indicators and graphical objects. 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 • Trading from charts in iPad • 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 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 on 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 4 and trade on currency 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 4 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 4 platform servers and databases managed by financial companies.
iTrader
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iTrader 是eBroker Systems Ltd.公司开发的全新一代交易平台, 为客户和券商提供了一个强而有力的可对全球不同市场产品进行全方位的交易,管理和风险管理的全球衍生工具交易平台. 主要功能包括: -产品交易 -订单管理 -即时户口查询 -即时盈亏计算 -市场产品查询 iTrader is a new generation trading platform developed by eBroker Systems Ltd. which offers powerful trading solutions and risk management platform for the trading and broking communities. Main features include: -Product trading -Order management -Real-time account status information -Real-time PL calculation -Global market product enquiring
Screenshots
Verdict
The clearest difference is update cadence: MetaTrader 4 at every 2 months against iTrader's every 6 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 4 ships an update every 2 months, iTrader every 6 months. The most recent releases landed on October 26, 2026 and October 6, 2026 respectively.
| Parameter | MetaTrader 4 | iTrader |
|---|---|---|
| Price | Free | Free |
| Rating | 4.8 (82K ratings) — better | — |
| Number of ratings | 82K — better | — |
| Update frequency | Every 2 months — better | Every 6 months |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | — |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Requires iOS | 13.0 | 13.0 |
| Further details — not scored | ||
| Size | 21 MB | 31 MB |
| Age rating | 4+ | 4+ |
| Developer | MetaQuotes Software Corp. | eBroker Systems Limited |
Bugs and requests
MetaTrader 4
Reported bugs
3 issues- Chart customizations and drawings disappearing when switching accounts or restarting the app
- Occasional freezing or lagging of the app
- Inconsistent behavior when accidentally switching between buy and sell orders
Requested features
5 requests- Add more technical indicators
- Allow setting parameters for trades and saving them for quick execution
- Prevent loss of chart customizations and drawings when switching between accounts
- Add price alerts and push notifications
- Improve ability to adjust stop loss and take profit levels directly on the chart
iTrader
Not enough reviews yet to summarise bugs or requests.
In-app purchases
MetaTrader 4
No in-app purchases
iTrader
No in-app purchases
Questions
Is MetaTrader 4 free?
Is iTrader free?
Do MetaTrader 4 or iTrader have ads?
Which is updated more often, MetaTrader 4 or iTrader?
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