Software Alternatives, Accelerators & Startups

Scilab VS MetaTrader5

Compare Scilab VS MetaTrader5 and see what are their differences

Scilab logo Scilab

Scilab Official Website. Enter your search in the box aboveAbout ScilabScilab is free and open source software for numerical . Thanks for downloading Scilab!

MetaTrader5 logo MetaTrader5

World-leading multi-asset platform that allows trading Forex, Stocks, Futures and CFDs.
  • Scilab Landing page
    Landing page //
    2023-02-10
  • MetaTrader5 Landing page
    Landing page //
    2023-10-07

Scilab videos

Scilab IPCV 1.2

More videos:

  • Review - Raspberry Pi for Computer Vision with Scilab
  • Review - Tone Recognition with Scilab and LabVIEW to Scilab Gateway

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

Category Popularity

0-100% (relative to Scilab and MetaTrader5)
Technical Computing
100 100%
0% 0
Finance
0 0%
100% 100
Numerical Computation
100 100%
0% 0
Investing
0 0%
100% 100

User comments

Share your experience with using Scilab and MetaTrader5. For example, how are they different and which one is better?
Log in or Post with

Reviews

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

Scilab Reviews

25 Best Statistical Analysis Software
Scilab is a powerful, free, and open-source software widely used by researchers, students, and professionals in various fields such as engineering, mathematics, physics, and more.
7 Best MATLAB alternatives for Linux
The syntax of Scilab is similar to MATLAB it also provides a source code translator to convert MATLAB code to Scilab.
Matlab Alternatives
Scilab is an open-source similar to the implementation of Matlab. The approximation techniques known as Scientific Computing is used to solve numerical problems. To achieve this, the team of Scilab developers made use of Solvers and algorithms to build the algebraic libraries. Scilab is one of the major alternatives to Matlab along with GNU Octave.
Source: www.educba.com
10 Best MATLAB Alternatives [For Beginners and Professionals]
Scilab has 1700 mathematical functions for engineering applications and data analysis. You can also use Scilab to solve various constrained and unconstrained problems such as shape and topology optimizations etc.
4 open source alternatives to MATLAB
Scilab is another open source option for numerical computing that runs across all the major platforms: Windows, Mac, and Linux included. Scilab is perhaps the best known alternative outside of Octave, and (like Octave) it is very similar to MATLAB in its implementation, although exact compatibility is not a goal of the project's developers.
Source: opensource.com

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

What are some alternatives?

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

MATLAB - A high-level language and interactive environment for numerical computation, visualization, and programming

TradingView - The best charting tool for crypto and stocks

GNU Octave - GNU Octave is a programming language for scientific computing.

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

Wolfram Mathematica - Mathematica has characterized the cutting edge in specialized processing—and gave the chief calculation environment to a large number of pioneers, instructors, understudies, and others around the globe.

Robinhood - Free stock trading service.