MT4 and MT5 applications are available in the Apple AppStore
Tech giant Apple has relisted two MetaQuotes apps, MetaTrader 4 and MetaTrader 5, on the AppStore after about six months of delisting. This will once again allow iOS users to download the two trading platforms from the AppStore, and existing MT4 and MT5 users will receive app updates.
It was announced late on Monday that the Cyprus-based software company must communicate with Apple and provide a detailed explanation of operational technicalities and provide the requested insight, making the re-listing process lengthy.
“We are pleased that the situation has been resolved and that we have reached an agreement with Apple,” said Renat Fatkhullin, CEO of MetaQuotes. “Our company respects the requirements of each market and always strives to meet them. We feel a responsibility towards our users, so we have done our best to clarify the issues raised by Apple in a timely manner. I would also like to thank the dealers, brokers and media who actively expressed their support.”
Unexpected deletion
MT4 and MT5 are the leading third-party trading platforms for retail forex and trading contracts for differences (CFDs). According to Finance Magnates Intelligence, it dominated the trading platform By the end of the second quarter of 2022, with 83.8 percent of the total market share.
Apple abruptly removed the two trading apps from the AppStore in September last year, without providing a proper explanation for the move. However, industry insiders have pointed out that the tech giant is concerned about the use of MT4 and MT5 apps by offshore fraudsters.
Meanwhile, MetaQuotes seems concerned about the increasing use of its apps by fraudsters. In a significant change to its policy, the company has stopped processing white-label solutions for platforms from offshore brokers offering services from loosely regulated jurisdictions.
The IPO of the AppStore forced the company to focus on the web-based mobile platform. Last November, it launched a new MT5 web terminal, emphasizing that “there is no need to download a mobile application from the Apple App Store or Google Play.”
Meanwhile, MetaQuotes’ failure directly benefited other competitors. Several other trading platform providers have also expanded their marketing and some have even confirmed the growth of their business following the temporary ban of two MetaTrader applications.
MetaQuotes recently launched a new mobile app: a messaging app that provides financial news and analysis tips for traders. It offers its services through MQL5 channels and is available on the Apple AppStore and Google Play Store.
In addition to the new messaging app and two trading platforms, MetaQuotes also lists a “Tradays Forex Calendar” on the App Store. It has five apps on Google Play: all the apps available for iOS users and Dollar Colombia, an app that shows the current US dollar/Colombian peso exchange rate along with historical price data.
Tech giant Apple has relisted two MetaQuotes apps, MetaTrader 4 and MetaTrader 5, on the AppStore after about six months of delisting. This will once again allow iOS users to download the two trading platforms from the AppStore, and existing MT4 and MT5 users will receive app updates.
It was announced late on Monday that the Cyprus-based software company must communicate with Apple and provide a detailed explanation of operational technicalities and provide the requested insight, making the re-listing process lengthy.
“We are pleased that the situation has been resolved and that we have reached an agreement with Apple,” said Renat Fatkhullin, CEO of MetaQuotes. “Our company respects the requirements of each market and always strives to meet them. We feel a responsibility towards our users, so we have done our best to clarify the issues raised by Apple in a timely manner. I would also like to thank the dealers, brokers and media who actively expressed their support.”
Unexpected deletion
MT4 and MT5 are the leading third-party trading platforms for retail forex and trading contracts for differences (CFDs). According to Finance Magnates Intelligence, it dominated the trading platform By the end of the second quarter of 2022, with about 83.8 percent of the total market share.
Apple abruptly removed the two trading apps from the AppStore in September last year, without providing a proper explanation for the move. However, industry insiders have pointed out that the tech giant is concerned about the use of MT4 and MT5 applications by offshore fraudsters.
Meanwhile, MetaQuotes seems concerned about the increasing use of its apps by fraudsters. In a significant change to its policy, the company has stopped processing white-label solutions from offshore brokers’ platforms offering services from loosely regulated jurisdictions.
The IPO of the AppStore forced the company to focus on the web-based mobile platform. Last November, it launched a new MT5 web terminal, emphasizing that “there is no need to download a mobile application from the Apple App Store or Google Play.”
Meanwhile, MetaQuotes’ failure directly benefited other competitors. Several other trading platform providers have also expanded their marketing and some have even confirmed the growth of their business following the temporary ban of two MetaTrader applications.
MetaQuotes recently launched a new mobile app: a messaging app that provides financial news and analysis tips for traders. It offers its services through MQL5 channels and is available on the Apple AppStore and Google Play Store.
In addition to the new messaging app and two trading platforms, MetaQuotes also lists a “Tradays Forex Calendar” on the App Store. It has five apps on Google Play: all the apps available for iOS users and Dollar Colombia, an app that shows the current US dollar/Colombian peso exchange rate along with historical price data.
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