FAQs
That means iOS-based devices can no longer download the MT4 and MT5 apps. 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.
Why MT4 and MT5 removed from 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? ›
By 1st of December 2023, MT4 clients using client terminal builds below 1380 and MT5 clients with builds below 3802 will not be able to log in without updating their platform. To maintain your access, we encourage you to make the necessary updates before the deadline.
Will MetaTrader 4 be discontinued? ›
The good news for the people who love it is that Metaquotes will continue supporting MT4 in its current state and will maintain technical support and security updates.
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The MT4 platform was the most popular forex and CFD trading platform in existence, but was recently superseded by the birth of its more recent relative MT5.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? ›
Best Paid & Free Alternatives to MetaTrader 5
- TradingView.
- eToro.
- Binance Broker.
- thinkorswim.
- E*Trade Web Platform.
- Active Trader Pro.
- Kite.
- DEGIRO.
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.
Yes, MetaTrader 5 (MT5) is allowed and available for use in the United States.
Is MT4 available in the USA? ›
Yes, because of the difference in the capabilities of the MT4 platform, you'll need to open a dedicated MT4 account. If you already have a different account type with us, this will be separate from your existing login.
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.
Why is MT4 closed? ›
The 'market is closed' error message means you are trying to trade outside of the product's trading session. You will not be able to place or change orders over the weekend, on market holidays or and at other times when the relevant markets are generally closed.
Why was MetaTrader taken down? ›
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.
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).
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.
Why is MT4 not on the app store? ›
In September 2022, a ban on the MT4 and MT5 apps in Apple's App Store, which affected all markets, made headlines. Though the reasons for the decision were unclear, there was speculation that it was related to trading scams published in the iOS app store, impersonating popular trading platforms.
Why can't I download MT5 on my iPhone? ›
Apple took down MetaTrader on the iOS app store. It is no longer available. Also, the web-terminal does not support push notifications.
Is MT5 available in the USA? ›
U.S. traders can look to FOREX.com and Trading.com as the best MetaTrader 5 brokers! The MetaTrader platform suite, created by MetaQuotes, includes two popular trading platforms - MetaTrader 4 (MT4) and MetaTrader 5 (MT5).