MetaTrader MT4 and MT5 removed from the Apple App Store

Most brokers have their own proprietary trading apps that they offer in addition to MT4 and MT5. In fact, I recently wrote a review ranking my favorite forex trading apps that aren’t developed by MetaQuotes. Last week, users were shocked by the disappearance of the MetaTrader 4 and MetaTrader 5 applications from the App Store. This has taken the forex and CFD trading industry by storm because MetaTrader is the most used trading platform. The MetaTrader ban has surprised traders, especially considering how convenient these platforms are for online Forex trading.

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Designed for iPhone

One thing is for sure, alternative platforms will be using this as an opportunity to further improve their security and advance their technology. With so much success and consistency across the years, why did MT4 and MT5 suddenly disappear from the App Store? Apple removed MT4 and MT5 from the App Store on the 23rd of September 2022 claiming the app did not comply with its guidelines. The official reason has not been disclosed but this unexpected move sparked varied speculations. One probable speculation is the increasing number of frauds being executed through the MT4 and MT5 app which prompted Apple to take quick and drastic action.

While it may trivialize the problem, perhaps the easiest short-term solution would be to use an Android device for mobile trading. Of course, that won’t be a route many iPhone users would enjoy, but it is an option. Without a resolution, one possible solution would be to install MT4 and MT5 from third-party sites. While not as simple to do as on an Android phone, installing apps from outside the Apple App Store isn’t impossible.

Apple Pulls Down MT4 and MT5 Trading Apps from App Store

As a result, Apple has taken steps to delete both the bogus and original apps. Another sore point that could have caused this so drastic measure by Apple concerns the massive presence in the Store of “bogus” applications that were passed off as MetaTrader 4 and MetaTrader 5 (MT4 and MT5). According to reliable sources, the cancellation of MetaQuotes apps was caused by the strong friction between Western countries and Russia. One among all is that the thing has not been made public, no warning, no post, no official release from both companies (both Apple and MetaQuotes), the MT4 and MT5 apps have simply vanished into thin air. The Metatrader 4 (MT4) for iOS is not available to download from the Apple App Store. While the move by Apple to remove MT4 and MT5 from the App Store could open the door for more brokers to move to these alternatives, according to the company, MetaQuotes is in talks with Apple to find a remedy.

Russian payment system Mir, which was only supported by a handful of countries outside Russia, was also dealt a heavy blow this week  after suspension by banks in Turkey and Central Asian countries after the U.S. Treasury sent a letter to financial institutions  warning they risked penalties if they maintained commercial ties with sanctioned Russian individuals or businesses, or any entity linked to them. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

What happened with MT4 and MT5 in the Apple App Store?

“The removal of the Apps does not only affect the parties involved but also the industry as a whole,” the representative added. MetaTrader enables scammers to show victims fake earnings, a key element of a pig butchering scam. Apple has been consistently making some bad decisions these last couple of years. However, these reasons are certainly not worth the billions that it will lose with no commission. Apart from its
scalability, it offers 99.99% stability without any hosting costs, since it is
cloud-based.

A lack of a corporate bank account would be a major hurdle to overcome and would undoubtedly cause significant delays in launching operations under the new MetaQuotes compliance procedures. Many new brokers choose offshore jurisdictions to start their operations to take advantage of the significant financial savings in these regions. While the apps are currently available on Google Play, they are no longer available on the App Store. Before performing any transaction with FXOpen UK, please read the Terms and Conditions and Disclaimers and Risk Warning which may be downloaded from this site or obtained in hard copy by contacting our office. You can open a live account at FXOpen to try MetaTrader 4, MetaTrader 5, and TickTrader platforms. Advanced order types enable the most discerning clients to develop sophisticated market strategies.

Top 10 Forex News and Analysis – Sep 09, 2022

Please note, Australian residents cannot open an account with ACY Capital Australia LLC. MT4 was released in Russia in 2005 before MT5  came in 2009 to support more trading instruments. According to a study conducted in September 2019, MetaTrader 4 was still the most popular trading platform in the world at the time. Regarding the reasons that Apple removed MT4 and MT5, there has been much speculation being discussed online over the past number of hours, with much of the discussion centering on Apple removing other apps with ties to Russia. While MetaQuotes is based in Limassol, Cyprus, the company has its origins in Russia and its founder and CEO Renat Fatkhullin, along with his brother Lenar Fatkhullin who serves as Marketing Director for the company, are Russian. Social media has been abuzz this weekend, with reports that at some point late this past week Apple removed the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading apps from its App Store.

The removal of MT4 and MT5 from the App Store does not seem to be affecting those in the Apple / iOS mobile environment (iPhone, iPad) who have already downloaded the apps to their devices. However it is unlikely that those users will be able to download future updates or upgrades or patches to their devices. However, the representative noted that the removal of the trading apps from the App Store has caused significant losses to the company.

Apple Store

You gain satisfaction from bringing resolution and insight to each customer, elevating his or her relationship with Apple to the next level. For a five month period starting in September 2022, neither MT4 or MT5 were available in the App Store. But as of March, 2023, both MT4 and MT5 are once again available after MetaQuotes successfully addressed Apple’s concerns about how scammers were able to manipulate the trading platforms. MetaQuotes released MT4 in 2005, and the platform was aimed initially solely at forex trading.