# MetaTrader 4 vs DecodeFX

The clearest difference is update cadence: DecodeFX at weekly against MetaTrader 4's every 2 months. DecodeFX also leads on rating (5.0 vs 4.8). MetaTrader 4's advantage is ratings volume (82K vs 1) and iOS requirement (13.0 vs 15.0). On price, ads, in-app purchases and monetization model there is nothing between them.

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

DecodeFX holds the better App Store score, 5.0 against 4.8. That said, the two scores are not equally well evidenced: MetaTrader 4 has 82K ratings behind it against 1, so its average is the more settled of the two.

MetaTrader 4 ships an update every 2 months, DecodeFX weekly. The most recent releases landed on October 31, 2026 and October 28, 2026 respectively.

## The numbers

| Metric | MetaTrader 4 | DecodeFX |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.8 (82K ratings)](https://appshunter.io/ios/app/metatrader-4/id496212596/reviews) | **[5.0 (1 ratings)](https://appshunter.io/ios/app/decodefx/id6757686822/reviews)** |
| Number of ratings | **82K** | 1 |
| Positive reviews | 93.4% of reviews | — |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | Every 2 months | **Weekly** |
| Monetization | Free | Free |
| Size | 21 MB | 109 MB |
| Requires iOS | **13.0** | 15.0 |
| Devices | **iPhone, iPad, iPod** | iPhone, iPod |
| Age rating | 4+ | 9+ |
| Developer | [MetaQuotes Software Corp.](https://appshunter.io/developer/413251712) | [Decode Digital Markets USA Inc.](https://appshunter.io/developer/1770453631) |

## 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


### DecodeFX

[App page](https://appshunter.io/ios/app/decodefx/id6757686822)

This platform offers global trading in forex, CFDs on indices, stocks, cryptocurrencies, and commodities. It features copy trading, allowing users to follow or provide trading strategies. Manage funds easily with convenient deposits, withdrawals, and currency exchange.

**Highlights:** Forex trading, CFD trading on indices, stocks, crypto, commodities, Copy trading functionality, Multiple deposit and withdrawal channels, Cryptocurrency deposits accepted, Fund transfers and currency exchange

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

**In-app purchases:** none


## Frequently asked questions

### Is MetaTrader 4 free?

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

### Is DecodeFX free?

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

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

DecodeFX is rated higher. MetaTrader 4 averages 4.8 out of 5 from 82K ratings, while DecodeFX averages 5.0 from 1 ratings.

### Do MetaTrader 4 or DecodeFX have ads?

Neither MetaTrader 4 nor DecodeFX shows ads.

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

MetaTrader 4 ships an update every 2 months, and DecodeFX weekly. Most recently, MetaTrader 4 was updated on October 31, 2026 and DecodeFX on October 28, 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.*