Software Alternatives, Accelerators & Startups

MetaTrader5 VS ioBroker

Compare MetaTrader5 VS ioBroker and see what are their differences

MetaTrader5 logo MetaTrader5

World-leading multi-asset platform that allows trading Forex, Stocks, Futures and CFDs.

ioBroker logo ioBroker

flexible and modular application for the IoT and Smarthome
  • MetaTrader5 Landing page
    Landing page //
    2023-10-07
  • ioBroker Landing page
    Landing page //
    2022-07-22

More than 500 different modules(adapters) that can be interconnected with each other. E.g. Homematic or KNX can control HUE or sonos and vice versa.

MetaTrader5

$ Details
-
Platforms
-
Release Date
-

ioBroker

$ Details
free
Platforms
Linux Windows Mac OSX REST API JavaScript
Release Date
2015 October

MetaTrader5 videos

Which Forex Trading Platform is BEST? (MetaTrader 4 vs cTrader)

More videos:

  • Review - Why I Switched From MetaTrader to TradingView - TradingView Review
  • Review - MetaTrader 5 - Forex Trading Platform Review and Introduction

ioBroker videos

ioBroker: Rock64 Langzeit-Review - Bereue ich den Kauf?

More videos:

  • Review - iObroker Teil1 | Grundlagen/Übersicht | Review Smart Home Kombination 2019 [GERMAN/DEUTSCH]
  • Review - SMARTE ZENTRALE | ioBroker als kostenlose SmartHome-Automation

Category Popularity

0-100% (relative to MetaTrader5 and ioBroker)
Finance
100 100%
0% 0
Data Dashboard
0 0%
100% 100
Trading
100 100%
0% 0
Home
0 0%
100% 100

Questions and Answers

As answered by people managing MetaTrader5 and ioBroker.

What makes your product unique?

ioBroker's answer:

  • Multi-Host support for Scalability and better connectivity (you can connect many ioBroker hosts together),
  • Comprehensive visualization(Vis, iQontrol, ...),
  • Flexibility (jsonl for simplisity as DB or Redis as high performance DB),
  • ioBroker is highly flexible and customizable...

Why should a person choose your product over its competitors?

ioBroker's answer:

  • Compatibility: ioBroker supports a vast range of devices and protocols, making it one of the most versatile smart home automation systems available. It is compatible with many popular brands and can integrate with virtually any smart device, offering a level of flexibility that might not be available with other platforms.

  • Open Source: As an open-source platform, ioBroker is free to use and continuously updated and improved by a community of developers. This allows for greater customization, transparency, and control over your home automation setup.

  • Scalability: ioBroker is designed to handle complex smart home setups. No matter how many devices you have or plan to add in the future, the platform is designed to scale and manage a large and diverse range of devices efficiently.

  • JavaScript and Blockly support: For those comfortable with programming, ioBroker offers the option to write scripts in JavaScript. For users who prefer a graphical interface, Blockly is available. This versatility can be appealing for both beginners and experienced users.

  • Data Logging: ioBroker has extensive data logging capabilities, allowing users to store, analyze, and visualize data from their smart devices over long periods of time. This can be incredibly valuable for monitoring energy usage, tracking trends, and optimizing your smart home setup.

  • Community and Support: ioBroker has a strong and active community of users and developers who can provide assistance, share ideas, and help troubleshoot any issues you may encounter.

How would you describe your primary audience?

ioBroker's answer:

Mostly users are german speaking, but all documentation is primary in english.

What's the story behind your product?

ioBroker's answer:

ioBroker is an open-source Internet of Things (IoT) platform that was developed with the aim to provide a unified and flexible solution for smart home automation. It's primarily driven by a community of enthusiasts and developers contributing to its ongoing development and expansion.

The project was initiated to overcome the limitations of existing smart home platforms, particularly the inability of many platforms to integrate with a wide variety of devices and brands. ioBroker was designed with a focus on compatibility, scalability, and flexibility, aiming to provide a solution that can integrate a vast array of smart devices, regardless of manufacturer or protocol, and handle complex home automation setups.

While the platform was initially more popular among the tech-savvy due to its need for more technical involvement, over time, efforts have been made to make it more user-friendly and accessible to a wider audience.

As an open-source project, the ongoing development of ioBroker is dependent on the contributions of its community, including software developers and end-users, who continually work on refining the software, expanding its compatibility with different devices, and improving its features.

Which are the primary technologies used for building your product?

ioBroker's answer:

JavaScript, Redis, Mqtt, MUI-UI.

User comments

Share your experience with using MetaTrader5 and ioBroker. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare MetaTrader5 and ioBroker

MetaTrader5 Reviews

5 MetaTrader alternatives for Apple devices (Jan 2023)
iOS devices with MetaTrader apps already installed can continue to use them, but they will not receive software updates, creating potential security risks. The problem does not affect Android mobile devices because MetaTrader platforms continue to be freely downloaded and installed from Google PlayStore. But this is not a solution for the millions of users who have no...
Source: smnweekly.com
Alternatives to MetaTrader
The brokers that support MetaTrader and other similar platforms purchase the rights to the software; the servers are run by the broker, and it’s just the software itself that is supplied by MetaQuotes, the company that developed MetaTrader.
What Are The Alternatives To MetaQuotes' MetaTrader MT4 And MT5 Platforms For Brokers?
It has been over 2 weeks since LiquidityFinder broke the story on Saturday 24th September that Apple had removed MetaQuotes' MetaTrader 4 (MT4) and MetaTrader 5 (MT5) apps from its App Store. This move by Apple, with still no official explanation from either Apple or MetaQuotes, has left a huge amount of uncertainty in the trading industry, both for brokers and end clients....
Best TradingView Alternatives for Stocks, Forex, Futures & Cryptocurrency
A popular choice alongside TradingView, MetaTrader 5 is a multifunctional trading platform that is powerful enough to meet the needs of the modern trader. MetaTrader 5 is touted as an all-in-one platform that includes a comprehensive library of technical analysis tools, access multiple assets and automated trading systems.
Source: tradamaker.com

ioBroker Reviews

16 Open Source Home Automation Platforms To Use In 2020
ioBroker appeared on the open source home automation spectrum at the beginning of 2017, but it went on to become one of the fastest growing communities in the game. With more than 21,000 users happy to chime in, ioBroker is a strong proposition that offers a total of around 300 integrations. That's great considering that the software is completely free to use. Why not give...
Source: ubidots.com

What are some alternatives?

When comparing MetaTrader5 and ioBroker, you can also consider the following products

TradingView - The best charting tool for crypto and stocks

Home-Assistant.io - Home Assistant is an open-source home automation platform running on Python 3.

eToro - The social investment network that connects traders from around the globe and enables them to share...

openHAB - "empowering the smart home" - vendor and technology agnostic open source home automation

Robinhood - Free stock trading service.

Google Home - Set up, manage, and control your Chromecast, Chromecast Audio and Google Home devices.