MetaTrader MCP Server

Connect AI assistants to MetaTrader 5 to trade with natural language.

Data verified Sep 18, 2026

Pundit
Score

Try it free: Free plan
Best for: Retail Traders

About MetaTrader MCP Server

MetaTrader MCP Server is an open-source Python bridge that links AI assistants like Claude Desktop and ChatGPT (via Open WebUI) to the MetaTrader 5 platform, letting users check accounts, pull live and historical market data, and place, modify, or close orders through plain-English commands. It's built for retail traders, quant developers, and analysts who want to automate MT5 workflows without clicking through the terminal. What sets it apart is its flexibility: the same tool runs as a local MCP server (STDIO), a remote MCP server (SSE), a REST/HTTP API, or a WebSocket quote stream, and all trading credentials stay on the user's own machine.

Screenshots

Commonly Cited Strengths & Limitations

Strengths

Runs multiple interfaces (MCP, REST API, WebSocket) from one tool
Credentials stay local on the user's machine
Free and open source

Limitations

LLMs can hallucinate or misinterpret prompts (e.g. wrong lot size), so human oversight is required
Not suitable for high-frequency trading due to latency in the AI-to-execution chain

Common Use Cases

Automating trading through AI assistants
Building trading bots or analysis tools
Quick access to market data for analysts
Placing and managing MT5 orders via chat
Streaming live tick data to dashboards or monitoring tools

Details

Pricing Model: Free
Category: FinTech

Who is MetaTrader MCP Server for?

Retail Traders

Automate and execute MT5 trades by chatting with an AI assistant in plain English.

Trading Bot Developers

Build trading bots and analysis tools on top of the MCP server, REST API, or WebSocket stream.

Market Analysts

Quickly pull real-time prices, historical candles, and symbol data through natural-language requests.

Frequently Asked Questions

Is MetaTrader MCP Server free?

Yes, MetaTrader MCP Server is free to use.

Does MetaTrader MCP Server have an API?

Yes, MetaTrader MCP Server provides an API for developers.

Is MetaTrader MCP Server open source?

Yes, MetaTrader MCP Server is open source.

What does MetaTrader MCP Server integrate with?

MetaTrader MCP Server integrates with Claude Desktop, ChatGPT, Open WebUI, MetaTrader 5, Python, FastMCP, FastAPI.

Is MetaTrader MCP Server cloud-based or self-hosted?

MetaTrader MCP Server is offered as an on-premise (self-hosted) deployment.

What are the downsides of MetaTrader MCP Server?

LLMs can hallucinate or misinterpret prompts (e.g. wrong lot size), so human oversight is required Also, Not suitable for high-frequency trading due to latency in the AI-to-execution chain

Who is MetaTrader MCP Server best for?

MetaTrader MCP Server is best suited for Retail Traders, Trading Bot Developers, Market Analysts.

What can I use MetaTrader MCP Server for?

Common uses for MetaTrader MCP Server include automating trading through ai assistants, building trading bots or analysis tools, quick access to market data for analysts, placing and managing mt5 orders via chat.

What is the best alternative to MetaTrader MCP Server?

Our reviewed alternatives to MetaTrader MCP Server are metatrader5-mcp (amirkhonov).

How does MetaTrader MCP Server compare to AlphaResearch?

MetaTrader MCP Server and AlphaResearch are both used for fintech -- specifically investment-research-tools. See the full side-by-side comparison for pricing and feature differences.