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Why Were Platforms Of MetaTrader Banned From App Store?



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Nov 26 2022
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Just recently, it became known that Apple has removed the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading applications from its App Store.

The MetaTrader 4/5 trading platform is one of the most popular in the OTC segment. Multifunctional platforms from MetaTrader are a powerful tool for traders to work on any financial market, which offers unlimited opportunities for technical analysis and trading automation.

 

Possible reasons for abandoning the application

Neither Apple nor MetaQuotes has commented on the removal or reasons for removing MT4 and MT5 from the App Store.

Perhaps, the reason has to do with Apple’s recent tendency to remove apps that the company has received a certain number of complaints about.

There are many speculations online, with much of the discussion centered on Apple removing other Russia-related apps.

After the removal of the trading application from the App Store, Forex brokers had a problem with the provision of services to users of Apple mobile devices. Is there an alternative solution?

Forex - Foreign Exchange Trading

Alternative

Since mobile applications have already become an integral part of traders’ lives, this situation has forced many brokers to look for alternatives to MT 4/5. In this regard, it makes sense to pay attention to other software developers for trading. In the context of actual market monopolization, it is very difficult to find a solution as recognizable and popular as MetaTrader 4 trading platform or MT5.

However, this does not mean that there are no alternatives at all. For example, the brokerage system XCritical also provides a mobile version for Android and iOS devices, integrated with CMR, AMS, and a trading platform from the same provider.

Anyone can get the iPhone and iPad app from the App Store. It is simple for users to install on their Apple devices.

The high-performance, cutting-edge XCritical trading platform is software. The system has every feature required for trading on the Forex and CFD markets, just like MT4/5.

The functionality of the platform includes an Autochartist Expert Advisor that facilitates technical analysis. This option is especially useful for beginner traders.

The application has an effective load management system, which ensures the stability of its work during bursts of volatility and trading activity.

Pros and Cons Forex trading

MT4/MT5 Remain Available for Android and iOS devices

It should be noted that previously installed MT4/MT5 on iOS work as before. Applications will continue to operate while MetaQuotes works to resolve the current situation.

All AMarkets clients can trade through the built-in MetaTrader 5 terminal in the company’s mobile application MetaTrader for Android and iOS.

The versions of MetaTrader 4 and MetaTrader 5 for Windows, macOS, and browser-based Web Terminal function without restrictions.

MT4/MT5 applications, as before, are available for download for Android users via Google Play.

If the MT4/MT5 terminal was previously installed and removed, you can reinstall it as follows:

Log in to your account through the App Store on your iOS device to install MetaTrader for iPhone.



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