What happened between Apple and MetaQuotes may be unfortunate and could serve as a turning point for users. However, the claim was promptly dismissed by a representative of MetaQuotes quoting: “We do not believe that Apple’s actions are linked in any way with the Western sanctions on Russia”.
Īnother speculation is the connection between MetaQuotes founder, who is a Russian citizen, and Western sanctions against Russia in the recent Russia-Ukraine conflict. One probable speculation is the increasing number of frauds being executed through the MT4 and MT5 app which prompted Apple to take quick and drastic action. The official reason has not been disclosed but this unexpected move sparked varied speculations. With so much success and consistency across the years, why did MT4 and MT5 suddenly disappear from the App Store?Īpple removed MT4 and MT5 from the App Store on the 23 rd of September 2022 claiming the app did not comply with its guidelines. Why was MetaTrader removed from the App Store? The award recognises the best solutions which enable an innovative and value-driven approach to multi-asset trading and technological integration. This led to MT5 winning the “Best Multi-Asset Trading Platform” award at the Global Forex Awards 2021. However back in June 2021, MT5 became more popular than MT4 among brokers which highlights the constant improvements the parent company, MetaQuotes provides. Since the birth of both MT4 and MT5, countless of comparison have been made but MT4 dominated in popularity. Through the years, as MT4 and MT5 grew to become the number one trading platform, usage improved over time with the introduction of mobile trading. The simplicity and flexibility of the platform allowed for countless of different uses such as executing trades, technical analysis, and usage of indicators etc. MT4 and MT5 are market-leading trading platformsįirst developed in 2003, then in 2010, MT4 and MT5 provided countless of traders with a platform of institutional grade. Here are five things you need to know about MetaTrader and this change.ġ. 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.
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