Apple Removed MT4 and MT5 Trading Platforms from App Store
Last weekend, Apple removed MT4 and MT5 trading platforms from the App Store. The platforms are still available for Google PlayStore users.
Neither of the companies has commented the removal of the platforms.
It is reported that MetaQuotes’ MetaTrader 4 (MT4) and MetaTrader 5 (MT5) – the biggest forex and contracts for differences (CFD) trading platforms – are removed from the App Store, the mobile store of Apple Inc.
The removal of MT4 and MT5 doesn’t seem to be affecting those iOS users who had already installed the apps on their devices. However, it is unlikely that these users will be able to download future updates and upgrades.
The platforms are yet available on desktop. However, the company might remove them shortly after. Also, the platforms are available in Google’s PlayStore.
There have been rumours about the reasons why Apple pulled down the MT4 and MT5. Much of the discussions are linked with the Western sanctions on Russia. Since being registered and headquartered in Limassol, Cyprus, MetaQuotes has its origins in Russia and its founder and CEO Renat Fatkhullin, alongside his brother Lenar Fatkhullin – the company’s Marketing Director – are Russians.
Another reason is that the platforms are non-compliant with the App Store Review Guidelines.
Neither Apple nor MetaQuotes has commented on the removal of the trading platforms.
Since its introduction, the MetaTrader trading platform has grown to become a giant in the online forex and CFD industry.
The software has enjoyed decades-long patronage from industry stakeholders and remains a top choice for online retail forex traders.
While MT4 was introduced in 2005 and optimized for online forex trading, upgraded MT5 was released in 2010, offering access to additional CFD markets: stocks, indices, commodities, futures, energies, etc.
For more information visit MetaQuote’s official website.
Author of this review
By George Rossi
Author of this review
I am a well-rounded financial services professional experienced in fundamental and technical analysis, global macroeconomic research, foreign exchange and commodity markets and an independent trader.
Now I am passionate about reviewing and comparing forex brokers.
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