FAQs
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.
Why were MT4 and MT5 removed from the Apple Store? ›
What Is the MetaTrader 4 and MetaTrader 5 Ban All About? On September 23, 2022, users found MT4 banned and MT5 banned from the Apple App store. The company simply stated that these MetaQuotes instruments didn't comply with the App Store's review guidelines.
Is MT4 and MT5 back on IOS? ›
Metatrader 4 (MT4) and Metatrader 5 (MT5) applications have returned to the Apple App Store as of 6th March 2023, after being unexpectedly removed by Apple in September 2022 for non-compliance issues.
What is happening with MT4 and MT5? ›
We have been notified about changes to MetaQuotes' policies and have been asked to phase-out your trading activity on the MetaTrader 4 and MetaTrader 5 platforms, as you reside in the United States. If you have open positions, they must be closed by Wednesday, 24 April, 2024 at the end of the trading day.
Will MT4 be phased out? ›
MT5 Will Replace MT4, but Slowly
“Yes, currently MT4 is still popular among both old school and new traders; however, we believe that traders will move from it in the near future,” said Andreas C. Kapsos, Managing Director of Match-Prime Liquidity.
Why is MT4 banned in the USA? ›
The two MetaTrader apps were banned on Apple's App Store in 2022 for their alleged use by fraudsters targeting the US citizens and residents.
Is MT5 banned on iOS? ›
The MT4 platform was the most popular forex and CFD trading platform in existence, but was recently superseded by the birth of its more recent relative MT5. Much of the digital trading world was thrown into the dark when in late September, Apple made the decision to ban the download of MT4 and MT5 from the App Store.
What will replace MT4 and MT5? ›
Vantage WebTrader, a web-based platform offers traders a convenient alternative to traditional downloadable trading software like MT4 and MT5. As a web platform, it can be accessed easily without the need to download any software, making it ideal for online brokers and traders who value speed and convenience.
Why was MetaTrader 5 removed from the Play Store? ›
The removal of Meta Trader 4 and Meta Trader 5 apps from the Play Store might be due to various reasons, such as policy violations, security concerns, or other issues. It's best to check official statements from MetaQuotes, the developer of Meta Trader, for more details on the specific reasons for their removal.
Does MetaTrader 4 still work on iPhone? ›
Can you trade on MT4 with iOS? Yes, you can trade on MT4 with iOS. The mobile app has been removed from the App Store in the past, but it's since been reinstated. Trading on the MT4 app using your iOS device has so much to offer that can enhance your trading journey.
Currently, only FOREX.com and Trading.com allow U.S. traders to use MT5.
Why do people use MT4 and not MT5? ›
Both MT5 and MT4 are esteemed trading platforms, yet MT5 stands out for seasoned traders. MT4 is straightforward and suitable for beginners, providing all the necessary functions to start trading.
Can I use MT4 in the USA? ›
Users can trade from MT4, MT5, TradingView, and the proprietary ActivTrader platform. The list of global share CFDs available at ActivTrades covers the U.S., Europe, UK, Asia, South America, and others. Another standout feature is that you can trade fractional shares.
Why is MetaTrader being removed? ›
There could be several reasons behind this, ranging from technical issues to policy updates. However, it's important to note that the removal of MetaTrader from the Play Store doesn't reflect negatively on the platform itself. It remains a reliable tool for traders worldwide.
Why is MT4 closed? ›
The most often reason of a closed MT4 program, is due to an active multi-session Windows. So, in fact, the MT4 is not closed (on session 1) but it is opening on another session (session 1), while on the empty new session (session 2) it looks like MT4 is closed. Also check on the Tutorial >> “Multi-session on Windows”.
Will MT4 be stopped? ›
Not in the foreseeable future, meaning at least the next 3-4 years. Reason is there is no widely accepted retail alternative in the market. Stopping to offer MT4 means to stop doing retail business for brokers (and Metaquotes).
Why was MT4 removed from the Play Store? ›
Why are Meta Trader 4 and Meta Trader 5 apps removed from the Play Store? The removal of Meta Trader 4 and Meta Trader 5 apps from the Play Store might be due to various reasons, such as policy violations, security concerns, or other issues.
Does MetaTrader 5 still work? ›
Currently, only FOREX.com and Trading.com allow U.S. traders to use MT5.
Is MetaTrader 5 available for Mac? ›
Is MetaTrader 5 (MT5) available for Mac? Yes, there is a MetaTrader 5 for macOS. You can download the installer of MT5 for macOS on this page.