Each broker can customise the platform with the tools
and features they wish to offer their clients. We’ve spent
years perfecting our web and mobile apps to give brokers the edge they need to
attract and retain retail traders. Although iPhone and iPad users who
have already downloaded the trading platforms can continue to use them, they
will be unable to access updates, upgrades or fixes. Buzz around the ban is due to the immense
popularity of MT4 and MT5, which together account for 83.8% of the total online
trading platform market share, according to Finance Magnate’s Quarterly
Intelligence Report for Q2 of 2022. The removal of MT4 and MT5 from the App Store does not appear to be affecting those in the iPhone mobile environment who have so early downloaded the apps to their devices.

Many people are also starting to raise concerns about the future of MetaTrader and whether they should continue using the platform for trading. As Forbes previously reported, MetaTrader, which offers licenses for its software, does enable legitimate trade by actual brokerages. It is an agnostic trading platform, one that is used by mainstream foreign exchange traders like Oanda. Everything looks and feels real, but it’s all a fabrication,” according to a report from GASO.

Exclusive: MT4 and MT5 back up on the Apple App Store

As for traders, this might be a good time to start looking for other alternatives in the market. MetaTrader, also known as MT, is an electronic trading platform widely used by online retail foreign exchange speculative traders. This sudden removal by Apple of the most used trading platforms in the world has caused quite a few dissensions among traders for various reasons. The news came as a surprise to forex traders around the globe as Apple removed arguably the most popular trading apps MetaTrader 4 (MT4) and MetaTrader 5 (MT5) from the App Store overnight. IOS is still uncertain whether the issues with the iOS mobile apps will be resolved soon for the entrance of brokers and traders or if Google will follow the example and cut MT4 and MT5 Removed out of its Google Play Store.

• EToro does charge overnight or weekend fees for CFDs positions, such as leveraged positions and short (sell) orders.
• MetaTrader enables scammers to show victims fake earnings, a key element of a pig butchering scam.
• Apple appears to have pulled popular trading apps MetaTrader 4 and MetaTrader 4, also known as MT4 and MT5, from the App Store overnight in a move possibly linked to the Western sanctions over Russia’s invasion of Ukraine.
• Although iPhone and iPad users who
  have already downloaded the trading platforms can continue to use them, they
  will be unable to access updates, upgrades or fixes.

Please note, Australian residents cannot open an account with ACY Capital Australia LLC. For now, traders are waiting for answers and many are looking for alternative solutions. CTrader is still a great alternative to MetaTrader and offers its application on desktop, web, android, and iOS.

The Future for MetaTrader?

However, the decision was made quietly on Friday, and the news quickly spread to the whole FX industry, which is already scrambling to discover solutions for brokers that have put all their eggs in one basket. App versions of the popular PC electronic trading platforms  are provided by MetaQuotes Software Corp., a Russian software company that also has registration offshore in Limassol, Cyprus. Another possible reason put forth is based on another recent Apple trend, of removing apps for which Apple has received a certain amount of complaints, either regarding the apps themselves or how they are used. As part of the scam, scammers ask retail traders to download the MetaTrader app. MetaQuotes on the other hand completely denies anything to do with this scam.

Neither Apple nor MetaQuotes have commented on the removal, or the reason(s) for the removal of MT4 and MT5 from the App Store. (FNG has reached out to various senior sources at MetaQuotes, who at the time of writing have not replied). In addition to this, Apple to contribute to the sanctioning maneuver implemented by the Western states, has proceeded to block the sale of all products and the suspension of any financial service, including ApplePay. It might seem strange, almost nonsense, but the MT4 and MT5 platforms are no longer available for download in the App Store. The Metatrader 4 (MT4) for iOS is not available to download from the Apple App Store. EToro charges a USD25 fee for withdrawals and the minimum withdrawal amount is USD50.

MetaTrader No Longer Available on App Store

Many, if not most, brokers across the universe have been making efforts to transform their portfolio of trading platforms in modern years for many reasons. One is the acknowledgment that device platforms cannot support MetaTrader Removed from App Store technological advancements and the demands from traders. The ban on the MetaTrader apps has certainly taken the global trading community by surprise, especially considering how popular mobile trading these days.

Apart from being highly sophisticated, the platform offers a vast array of both technical and fundamental analyses. In other words, users can monitor the market movements of a specific asset as well as get the latest news about the companies behind those assets. Lastly, there is also lots of customization available, so you can set up the layout according to your trading strategy. It basically allows traders to copy the strategies of top crypto traders and earn passive income from successful trades.

Why MetaTrader apps removed from the App Store?

Without any prior notification or formal
announcement, Apple removed the MetaTrader 4 and MetaTrader 5 online trading
platforms from its App Store. Both the MT5 and MT4 apps and the desktop versions of the software are available for download at any time on Google Play. Existing clients with the platforms already downloaded on their Apple devices can continue to use the iOS version. Passionate in contemporary global financial issues, I’m currently active in researching topics on cryptocurrency, forex, and trading strategies.

Long (Buy), non-leveraged crypto, stock, and ETF positions are not executed as CFDs and do not incur any fees. EToro does charge overnight or weekend fees for CFDs positions, such as leveraged positions and short (sell) orders. The most recent was launched in 2017, which is CopyPortfolios powered by Machine learning Al.

MetaTrader MT4 and MT5 removed from the Apple App Store

MetaTrader has been Removed from App Store important that you use the remote desktop app link sparing here, as a definite simulation can cause harm to your device. Also, MetaTrader 4 and MetaTrader 5 can’t download Apple products from the app store. And duration hopefully, its applications will be present for download shortly. The move may prompt brokers to observe or fast-track plans to develop their proprietary terminals.