MetaTrader 4 vs Tally
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.
Tally
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Tally is a calm, private way to understand your everyday money. Record expenses, income and transfers in seconds. Organise them with categories, accounts and separate books, then see budgets, spending trends and net worth without connecting a bank account. • Quick entry and reusable templates • Budgets by week, month or year • Accounts, balances and net worth • Spending breakdowns and trends • Recurring payments and direct debits • Refunds and reimbursements • Multiple currencies with ECB reference rates • iCost-compatible XLSX import and export • Private sync through your own iCloud account • iPhone and iPad support Tally has no account system, advertising, analytics or third-party SDKs. Your financial records stay on your device and, if enabled, in your private iCloud container.
Screenshots
Verdict
The clearest difference is price: MetaTrader 4 at Free against Tally's $0.99. MetaTrader 4 also leads on iOS requirement (13.0 vs 17.0). Tally's advantage is update cadence (every 2 weeks vs every 2 months). On 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
MetaTrader 4 is free to download; Tally costs $0.99 up front. Neither carries in-app purchases, so what you see is what you pay.
MetaTrader 4 ships an update every 2 months, Tally every 2 weeks. The most recent releases landed on November 5, 2026 and October 31, 2026 respectively.
| Parameter | MetaTrader 4 | Tally |
|---|---|---|
| Price | Free — better | $0.99 |
| Rating | 4.8 (82K ratings) — better | — |
| Positive reviews | 93.4% of reviews | — |
| Number of ratings | 82K — better | — |
| Update frequency | Every 2 months | Every 2 weeks — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | — |
| Devices | iPhone, iPad, iPod — better | iPhone, iPad |
| Requires iOS | 13.0 — better | 17.0 |
| Further details — not scored | ||
| Size | 21 MB | 17 MB |
| Age rating | 4+ | 4+ |
| Developer | MetaQuotes Software Corp. | LEI XIONG |
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
Tally
Not enough reviews yet to summarise bugs or requests.
In-app purchases
MetaTrader 4
No in-app purchases
Tally
No in-app purchases








