Metatrader 5 iPhone App (Build 485) Review

In my first review of the Metarader 5 iPhone app, wasn't too impressed. It was slow and didn't have too many charting features. Not that it was terrible though. In reality, that is pretty much par for the course. Most apps can give you good quotes and a few decent charts, but that is about it.

However, other iPhone apps were quicker and provided more features. In fact, I actually recommended using the Dukascopy iPhone app just for charting, not because it had more features, but the app was a lot faster.

I recently got a notification that it was time to update MT5, so I downloaded the new version from the App Store. You can see the app in action in the video below, but I must admit, this is what I was looking for the first time. The biggest improvements are the fact that you can add more than one indicator on a chart and that the program is much faster now.

The initial startup is really quick and switching between tabs is super fast. On the last version, it was a little painful to switch between tabs, I'm glad that they have been able to speed up the program…even on my slow ass iPhone 3G.

Anyway, check out the full review below. The software isn't a desktop replacement yet…but it is definitely getting there.