Ideally, MetaQuotes fixes whatever Apple requests to be fixed and (I hope) delivers a safer trading environment by eliminating all of the scammy whitelabels. Alternatively, MetaQuotes’ trading apps remain banned from the Apple Store, and perhaps soon even from Google Play too, and this way brokers will be forced to adopt more advanced and more appealing trading software like cTrader. This would bring in a better sense of competition to the retail FX sector, and hopefully more innovation will follow.

Most of the things that are currently happening within the online trading space has already been happening to the iGaming sector (aka online casinos and sports betting) for some time now. Both Google and Apple have a history of removing gambling and betting apps from their app markets. Back in 2018, Google also banned binary options trading apps from its Play store. On September 24, 2022, it was announced that Apple has terminated its listing of MetaQuotes’ trading applications – both MetaTrader 4 and MetaTrader 5.

Plug-in Scams

Nonetheless, white-label brokers provide customized versions to their clients. Finance Magnates’ check shows that the trading apps do not come up when a search entry is done on the Apple App Store. Apple has done this many times previously where it would release a version of something popular specifically for Apple users and remove all other similar applications to Apple users would have no choice but to use that application. A plug-in scam is where users enter a plug-in to any of the Meta Trader 4 or Meta Trader 5 apps, which helps them change the values of their profits or trades. This can be used to trick people into investing with you by seeing high profits.

First developed in 2003, then in 2010, MT4 and MT5 provided countless of traders with a platform of institutional grade. The simplicity and flexibility of the platform allowed for countless of different uses such as executing trades, technical analysis, and usage of indicators etc. Through the years, as MT4 and MT5 grew to become the number one trading platform, usage improved over time with the introduction of mobile trading.

‘No Link to Western Sanctions on Russia’

As of March 7, 2023, MetaTrader4 and MetaTrader5 are both back in the Apple App Store. 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. You can open a live account at FXOpen to try MetaTrader 4, MetaTrader 5, and TickTrader platforms.

The company released MT5 in 2010, which surpassed MT4 as their most popular platform in early 2021. A MetaQuotes representative told Finance Magnates that the company received a letter from Apple on Friday, September 23, stating that
the firm’s trading apps do not comply with the App Store Review Guidelines. Apple users who already have either MT4 or MT5 downloaded are said to hold some very valuable devices.

Explainer: Sam Bankman-Fried’s fraud trial – who are the key names?

It is unclear if the end of the war is going to bring back these apps to the AppStore. This is entirely because we’re not yet sure if this was the reason why Apple banned these apps in the first place. However, we are to expect a statement from either parties soon if it were the case. Apple is showing full support to Ukraine by removing all applications from the AppStore with ties to Russia. While this may seem like an act that is not going to cause any major impact on Russia, it is actually going to cost Russia millions of dollars in revenue lost in failed sales.

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 mt4 removed from apple store addressed Apple’s concerns about how scammers were able to manipulate the trading platforms. As of March 2023, MT4 and MT5 are both once again available in the Apple App Store.

Russian (RU)

It features real-time insight, powerful trading tools and visual snapshots to get an overview of your portfolio. As an alternative to the MetaTrader trading platform, our WebTrader provides access to our trading platforms from most major web browsers, on any device. The top in-house trading platforms that qualify as MT4 and MT5 alternatives have developed the right tools to enable a seamless account integration with other platforms.

Forex and CFDs are highly leveraged products, which means both gains and losses are magnified. You should only trade in these products if you fully understand the risks involved and can afford to incur losses that will not adversely affect your lifestyle. Blueberry Markets is an authorised representative of ACY Capital Australia LLC (‘ACY LLC’), incorporated and approved by Financial Services Authority, Saint Vincent and the Grenadines (2610 LLC 2022). The information on this website is intended for non Australian citizens and residents only. Please note, Australian residents cannot open an account with ACY Capital Australia LLC.

Launching an advanced mobile trading web based platform

Of course, there are several excellent alternatives to MetaQuotes solutions, but the comparison will always be there. 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. Since its introduction, the MetaTrader trading platform has grown to become a giant in the online forex and CFD industry. However, the representative noted that the removal of the trading apps from the App Store has caused significant losses to the company. The good news is that if you already have either the Meta Trader 4 or Meta Trader 5 platforms downloaded on your Apple device, you have nothing to worry about, as these apps will not be deleted. The most that’s going to happen is that you’re going to stop receiving any new updates.

• Alternatively, Apple’s move could push
  brokers to look at other trading applications or even consider developing their
  own platforms.
• You can open a live account at FXOpen to try MetaTrader 4, MetaTrader 5, and TickTrader platforms.
• Meta Trader 4 and Meta Trader 5 are the most popular trading platforms in the world.
• The announcement went on to quote MetaQuotes CEO, Renat Fatkhullin, as saying that the company is “happy that the situation has been resolved and we managed to find an understanding with Apple.
• This article will run you through what the ‘MetaTrader banned from the Apple App Store’ announcement is about, how it affects MT4 and MT5 trading, and the possible alternatives.
• MetaTrader has been used by industry stakeholders for decades and is still a top choice for online retail traders.