Apple removes MetaTrader MT4 & MT5 from App Store

What happened between Apple and MetaQuotes may be unfortunate and could serve as a turning point for users. Currently, traders using iOS devices have to start sourcing for other platforms, while Android users can continue to enjoy using the app as MT4 and MT5 on the Google Play Store. In the MetaTrader Removed from the App Store of MT4 VPS, it’s likely to log into the VPS utilizing a remote desktop app on your device; this is the same software some of our clients use to attack the VPS on a PC. Ios banned Metatrader 4 and Metatrader 5 Apps because of the above reason.

This incident apparently affected not only MetaQuotes but also numerous brokers that use the platform. MT4 and MT5 together captured 83.8% of the total market share at the end of Q2 2022, according to Finance Magnates Intelligence. Apple’s sudden removal of MetaTrader led to various speculations on online forums.

Tradingview

As a result, Apple has taken steps to delete both the bogus and original apps. 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. To help you decide the best alternative platform to MetaTrader, here’s a comprehensive comparison between MT5 and cTrader. Jan Santiago, GASO’s deputy director, said the organization was “glad” for the app’s removal. News of the app’s removal was first reported by FX News Group and Finance Magnates on Saturday.

It also has dedicated, branded web and desktop options,
along with a fully open front- and back-end API. The result is the lowest
latency and highest throughput in the industry. The news of Apple’s latest move slowly filtered through social media,
followed by mainstream media.

Introducing BrokersIB / Affiliates

Android users can extend to use and download MT4 and MT5 apps from the google play store. MT4 and MT5are no longer accessible for download from the Apple App Store. MetaTrader, Removed from App Store, accounts for about 80% of the distributed trading app market so this move will influence a good chunk of brokers and traders.

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. A few things I wish could be better is the zoom on the charts could give a little more control, I feel like the Mt5 does a better job at this. Also if more indicators can be added to the options list, there are some I use on trading view that I wish were available on it.

Why Did Metatrader Remove By Apple?

Another feature that is unique to eToro is the personalized, social News Feed. Just like on any social media, traders can post their updates on feed, comment on other’s posts, and gradually create a feed that is tailor-fitted to trader’s trading and investing interests. On eToro social trading platform, traders will also get notifications when a trader writes a new post and many other important updates. It allows users to apply Expert Advisors and combine them with both basic and advanced trading indicators to test, develop, and apply trading strategies.

On the other hand, you can also be a Popular Investor and let others copy your strategy for various rewards. The new CopyPortfolio investment strategy uses artificial intelligence to find the steadiest traders who are most likely to generate a double-digit return and bundle traders into one fully-managed portfolio. EToro has hundreds of financial assets for trading across several categories including stocks, commodities, crypto assets, currencies, indices, and ETFs. Each asset class has characteristics and can be traded using a variety of investment strategies.

Metatrader Removed From App Store On iPhone

Beyond, people are selling iPhones or IPad with pre-installed MT4 / MT5 for around $5,000. Other smaller presences have also taken this opportunity to exactly their apps. Apple stopped all product sales and suspended financial services, including Apple Pay in Russia in March.

I started trading and became familiar with cryptocurrency and forex in 2015. Later, I continue to share market information on online platforms to educate others. We can hope that MetaQuotes will reach a consensus with Apple, but there is no guarantee that that will really happen. So, in the meantime, you need to be flexible and open to new alternatives. You can choose to continue using MetaTrader via desktop or Android, or you can switch to a new alternative that offers cutting-edge tools and advanced technology. Some positions on eToro involve ownership of underlying assets, such as non-leveraged positions on stocks and cryptos.

Opening an Account

Although the reasons behind the move have not
been clarified, it is believed that the removal of the platforms could be due
to several scams reportedly implemented through these platforms. The web platform allows you to open and close positions without downloading software. Android users remain unaltered as the MetaTrader Removed from App Store is obtainable on the Google Play Store. Unfortunately, what happened will create many problems for millions of traders who own Apple devices. MetaQuotes Software Corp., creator of the MT4 and MT5 platforms, is a Russian software company with offshore registration in Cyprus. Apple overnight, despite everyone being unaware of what was happening, has provided for the definitive cancellation of the trading apps MetaTrader 4 and MetaTrader 5 (MT4 and MT5) from the App Store.