# MetaTrader 4 vs TradeLocker

The clearest difference is rating: MetaTrader 4 at 4.8 against TradeLocker's 4.4. MetaTrader 4 also leads on ratings volume (81K vs 2.8K) and review sentiment (93% vs 83%). On price, update cadence, ads and in-app purchases there is nothing between them.

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

MetaTrader 4 holds the better App Store score, 4.8 against 4.4. That said, the two scores are not equally well evidenced: MetaTrader 4 has 81K ratings behind it against 2.8K, so its average is the more settled of the two. Written reviews point the same way: 93% of MetaTrader 4's written reviews are positive against 83% of TradeLocker's.

Both ship on a similar rhythm, roughly every 2 months. The most recent releases landed on September 26, 2026 and September 25, 2026 respectively.

## The numbers

| Metric | MetaTrader 4 | TradeLocker |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[4.8 (81K ratings)](https://appshunter.io/ios/app/metatrader-4/id496212596/reviews)** | [4.4 (2.8K ratings)](https://appshunter.io/ios/app/tradelocker/id6447196449/reviews) |
| Number of ratings | **81K** | 2.8K |
| Positive reviews | **93.3% of reviews** | 83.2% of reviews |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | Every 2 months | Every 2 months |
| Monetization | Free | Free |
| Size | 21 MB | 6 MB |
| Requires iOS | **13.0** | 15.0 |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Age rating | 4+ | 17+ |
| Developer | [MetaQuotes Software Corp.](https://appshunter.io/developer/413251712) | [TradeLocker Limited](https://appshunter.io/developer/1680556488) |

## What reviewers say

### MetaTrader 4

[App page](https://appshunter.io/ios/app/metatrader-4/id496212596)

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.

**Highlights:** 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

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases:** none

**What reviewers like**

- 👍 Mobile-friendly
- 👍 Simple and easy to use
- 🚀 Runs well
- 🚀 Efficient trading experience
- 🚀 Quick execution speeds

**What reviewers complain about**

- 🐛 Occasional glitches and bugs
- 🔍 Limited chart customization and indicators compared to desktop
- 🔍 Inability to set parameters and save them for quick execution

**Reported bugs**

- 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**

- 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


### TradeLocker

[App page](https://appshunter.io/ios/app/tradelocker/id6447196449)

This next-generation trading platform offers advanced charting, risk management tools, and a user-friendly interface for both novice and experienced traders. Make quick, informed decisions with access to over 500 trading assets across various markets.

**Highlights:** TradingView charting with custom indicators, Automated risk and Stop Loss/Take Profit calculation, Trailing stop loss functionality, On-chart and one-click trading, Micro lot trading, Access to 500+ trading assets

**Features:** Vision Pro support

**In-app purchases:** none

**What reviewers like**

- 🚀 Trading mechanics
- 👍 User-friendly interface
- 🚀 Integrated with TradingView
- 💡 Risk management features
- 🚀 Smooth execution

**What reviewers complain about**

- 🐛 Occasional crashes and bugs
- 🐛 Connectivity issues
- 🐛 Delayed chart updates
- 🐛 Unexpected trade closures
- 🐛 Synchronization problems across devices

**Reported bugs**

- Frequent app crashes and log-outs
- Incorrect price data and trade execution
- Disappearing stop losses and take profits
- Delayed chart loading and updates
- Synchronization issues across devices

**Requested features**

- Landscape mode on mobile
- Enhanced alerts and notifications system
- Option to view multiple charts simultaneously
- Ability to secure partial profits automatically
- Improved drawing tools and templates


## Frequently asked questions

### Is MetaTrader 4 free?

MetaTrader 4 is free to download, with no in-app purchases.

### Is TradeLocker free?

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

### Which has better reviews, MetaTrader 4 or TradeLocker?

MetaTrader 4 is rated higher. MetaTrader 4 averages 4.8 out of 5 from 81K ratings, while TradeLocker averages 4.4 from 2.8K ratings.

### Do MetaTrader 4 or TradeLocker have ads?

Neither MetaTrader 4 nor TradeLocker shows ads.

### Which is updated more often, MetaTrader 4 or TradeLocker?

MetaTrader 4 ships an update every 2 months, and TradeLocker every 2 months. Most recently, MetaTrader 4 was updated on September 26, 2026 and TradeLocker on September 25, 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.*