MetaTrader vs ProRealTime

Professional comparison and analysis to help you choose the right software solution for your needs. Compare features, pricing, pros & cons, and make an informed decision.

MetaTrader icon
MetaTrader
ProRealTime icon
ProRealTime

Expert Analysis & Comparison

Struggling to choose between MetaTrader and ProRealTime? Both products offer unique advantages, making it a tough decision.

MetaTrader is a Finance solution with tags like forex, stocks, technical-analysis, charting.

It boasts features such as Advanced charting tools, Algorithmic trading, Backtesting capabilities, Expert Advisors (EAs), Virtual Private Servers (VPS) and pros including User-friendly interface, Wide range of technical indicators, Supports automated trading, Available on desktop, web, and mobile.

On the other hand, ProRealTime is a Finance product tagged with charting, technical-analysis, trading, backtesting, algorithmic-trading.

Its standout features include Advanced charting and technical analysis tools, Customizable workspaces and layouts, Automated trading and algorithmic strategies, Backtesting and strategy optimization, Trading signals and screening, Market scanning and watchlists, Integrates with brokers and data feeds, Supports stocks, futures, forex and CFDs, and it shines with pros like Powerful platform for technical traders, Robust feature set for analysis and automation, Customizable and flexible interface, Comprehensive backtesting capabilities, Large library of indicators and drawing tools, Can automate complex trading strategies.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Why Compare MetaTrader and ProRealTime?

When evaluating MetaTrader versus ProRealTime, both solutions serve different needs within the finance ecosystem. This comparison helps determine which solution aligns with your specific requirements and technical approach.

Market Position & Industry Recognition

MetaTrader and ProRealTime have established themselves in the finance market. Key areas include forex, stocks, technical-analysis.

Technical Architecture & Implementation

The architectural differences between MetaTrader and ProRealTime significantly impact implementation and maintenance approaches. Related technologies include forex, stocks, technical-analysis, charting.

Integration & Ecosystem

Both solutions integrate with various tools and platforms. Common integration points include forex, stocks and charting, technical-analysis.

Decision Framework

Consider your technical requirements, team expertise, and integration needs when choosing between MetaTrader and ProRealTime. You might also explore forex, stocks, technical-analysis for alternative approaches.

Feature MetaTrader ProRealTime
Overall Score N/A N/A
Primary Category Finance Finance
Target Users Developers, QA Engineers QA Teams, Non-technical Users
Deployment Self-hosted, Cloud Cloud-based, SaaS
Learning Curve Moderate to Steep Easy to Moderate

Product Overview

MetaTrader
MetaTrader

Description: MetaTrader is a popular trading platform used for online trading in the forex, CFDs, futures, and stock markets. It offers advanced charting tools, backtesting capabilities, algorithmic trading, Virtual Private Servers (VPS), and Expert Advisors (EAs).

Type: Open Source Test Automation Framework

Founded: 2011

Primary Use: Mobile app testing automation

Supported Platforms: iOS, Android, Windows

ProRealTime
ProRealTime

Description: ProRealTime is a leading web-based platform for technical analysis and trading. It provides advanced charting, screening, trading signals, backtesting, and algorithmic trading tools for traders, investors, and financial analysts.

Type: Cloud-based Test Automation Platform

Founded: 2015

Primary Use: Web, mobile, and API testing

Supported Platforms: Web, iOS, Android, API

Key Features Comparison

MetaTrader
MetaTrader Features
  • Advanced charting tools
  • Algorithmic trading
  • Backtesting capabilities
  • Expert Advisors (EAs)
  • Virtual Private Servers (VPS)
ProRealTime
ProRealTime Features
  • Advanced charting and technical analysis tools
  • Customizable workspaces and layouts
  • Automated trading and algorithmic strategies
  • Backtesting and strategy optimization
  • Trading signals and screening
  • Market scanning and watchlists
  • Integrates with brokers and data feeds
  • Supports stocks, futures, forex and CFDs

Pros & Cons Analysis

MetaTrader
MetaTrader
Pros
  • User-friendly interface
  • Wide range of technical indicators
  • Supports automated trading
  • Available on desktop, web, and mobile
Cons
  • Only works with brokers that support MetaTrader
  • Limited customization options
  • Less securities available compared to other platforms
ProRealTime
ProRealTime
Pros
  • Powerful platform for technical traders
  • Robust feature set for analysis and automation
  • Customizable and flexible interface
  • Comprehensive backtesting capabilities
  • Large library of indicators and drawing tools
  • Can automate complex trading strategies
Cons
  • Fairly expensive subscription fees
  • Steep learning curve for advanced features
  • Limited fundamental data and news
  • Mobile and tablet apps lack some functionality
  • Customer support could be better

Pricing Comparison

MetaTrader
MetaTrader
  • Free
  • Subscription-Based
ProRealTime
ProRealTime
  • Subscription-Based
  • Pay-As-You-Go

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