Apple removes MetaTrader MT4 & MT5 from App Store (2024)

FAQs

Why were MT4 and MT5 removed from the Apple Store? ›

The company simply stated that these MetaQuotes instruments didn't comply with the App Store's review guidelines. Though, there hasn't been any formal explanation from the company. The MetaTrader ban has surprised traders, especially considering how convenient these platforms are for online Forex trading.

Metatrader 4 (MT4) and Metatrader 5 (MT5) have been reinstated and are available for download from the Apple Appstore on 6^th March 2023 following a near 6-month suspension.

MetaQuotes Software has announced they will no longer update MT4. Over time, more traders will gravitate towards MT5. MQL4 vs MQL5: Some traders may choose to use MT4 because they created an Expert using the MQL4 programming language.

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.

It is believed that allegations of a growing scam network are the reasons behind this move. What is MT4 & MT5？ Meta Trader is a forex trading platform used by brokers in India and all over the world.

The reason is alleged non-compliance with guidelines by the developers of the MetaTrader 4 mobile apps. Currently there is no way to install MT4 app on devices running Apple's iOS. If you're looking for a quality mobile app for trading on financial markets, WebTrader could be a suitable replacement.

Meta Trader 4 and Meta Trader 5 apps were likely removed from the Play Store due to policy violations or compliance issues with Google's guidelines. This could involve concerns over security, privacy, or other regulatory matters.

Technology giant Apple has relisted two MetaQuotes apps, MetaTrader 4 and MetaTrader 5, on AppStore after about six months of delisting them. This will again allow iOS users to download the two trading platforms from AppStore, and existing MT4 and MT5 users will receive app updates.

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.

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”.

How long will MT4 still be around? ›

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).

While the exact reasons for the removal remain unclear, the prevailing speculation ties it to the Republic Bank of India's (RBI) stringent stance against unregulated forex trading. In November 2023, the RBI issued warnings to 75 unauthorised entities for operating without proper authorization.

Due to the current withdrawal of MT4 & MT5 from the Apple App Store, you won't be able to download the applications to your Apple mobile device. However, you can access your account using the web version and/or the desktop application, or through any android mobile phone.

Yes, MetaTrader 5 (MT5) is a trading platform developed by the Russian company MetaQuotes Software. MetaQuotes Software is a Russian company that focuses on creating software for foreign exchange trading.

Due to the current withdrawal of MT4 & MT5 from the Apple App Store, you won't be able to download the applications to your Apple mobile device. However, you can access your account using the web version and/or the desktop application, or through any android mobile phone.

They're not shutting down and Hanko switching isn't the end-all-be-all where every other broker is now going to switch. Metaquotes is however Russian, and like Apple did for a while with removing metatrader from the app store, some companies aren't too keen on using them.

MetaTrader is the most popular front-end application in the industry and it is available to all our Mac OS users, ready to download directly to your computer in just a few simple steps.

The new MT5 version is considered to be superior for stock trading and order management, while the older MT4 platform is considered to be superior for forex trading. As a matter of fact, most retail traders will notice little difference between the two platforms.