What is the alternative to MT4 in iOS?
TradingView is a popular alternative to MT4 and MT5. It is often used by traders.
Is MT4 no longer on iOS?
The MT4 platform was the most popular forex and CFD trading platform in existence, but was recently superseded by the birth of its more recent relative MT5. Much of the digital trading world was thrown into the dark when in late September, Apple made the decision to ban the download of MT4 and MT5 from the App Store.
Why did iOS ban MT4?
The reason is alleged non-compliance with guidelines by the developers of the MetaTrader 4 mobile apps. Currently there is no way to install MT4 app on devices running Apple's iOS. If you're looking for a quality mobile app for trading on financial markets, WebTrader could be a suitable replacement.
What are people using instead of MT4?
Other important factors to consider when researching alternatives to MetaTrader 4 include features. We have compiled a list of solutions that reviewers voted as the best overall alternatives and competitors to MetaTrader 4, including thinkorswim, eToro, E*Trade Web Platform, and Binance Broker.
Why is MT4 banned in the USA?
The two MetaTrader apps were banned on Apple's App Store in 2022 for their alleged use by fraudsters targeting the US citizens and residents. However, both apps were restored after a few months.
Why did MT4 get banned?
In September 2022, a ban on the MT4 and MT5 apps in Apple's App Store, which affected all markets, made headlines. Though the reasons for the decision were unclear, there was speculation that it was related to trading scams published in the iOS app store, impersonating popular trading platforms.
Why was MT4 removed from Apple?
The company simply stated that these MetaQuotes instruments didn't comply with the App Store's review guidelines. Though, there hasn't been any formal explanation from the company. The MetaTrader ban has surprised traders, especially considering how convenient these platforms are for online Forex trading.
Will MT4 be discontinued?
MT4 will stay as long as Metaquotes makes its major returns with it and there is nothing available to substitute that cash flow.
Is MT5 still banned on iOS?
Existing Apple users are not affected by MT4/MT5 removal from the App store. You can still trade using your Apple mobile device, as long as you have MT4/MT5 installed on your mobile device. If you have installed MT4/MT5 on your mobile device before, you can try these steps to reinstall them.
What will replace MT4 and MT5?
Vantage WebTrader, a web-based platform offers traders a convenient alternative to traditional downloadable trading software like MT4 and MT5. As a web platform, it can be accessed easily without the need to download any software, making it ideal for online brokers and traders who value speed and convenience.
Why do traders prefer MT4 over MT5?
MT4 is the better bet if you are certain you will only be trading forex and CFDs, and you want to keep things very simple. It is a simpler platform and easier to get to grips with. If you trade stocks or more than one asset class, MT5 is definitely the right platform for you.
Why do traders prefer MT4?
Flexible trading system: The MT4 platform offers a high level of flexibility as it can be tailored to the specific needs of each trader. Regardless of whether you are just starting your trading journey or have several years of trading experience, the ability to customize MT4 makes the platform a convenient option.
Is there MetaTrader on iOS?
We offer both MetaTrader 4 and MetaTrader 5 as an application on the iPhone and iPad. These applications give traders easy access to their accounts wherever they are.
Is MT5 on iPhone?
Connect to hundreds of brokers and trade in financial markets using MetaTrader 5 for iPhone and iPad.
Can you trade forex on an iPhone?
Instantly trade on the go with the user-friendly, award-winning OANDA forex trading app. Trade major and minor forex pairs, such as EUR/USD, USD/CAD, USD/JPY, AUD/USD and GBP/USD. Get instant quotes and free charting on the OANDA forex trading app, with tight spreads and low commissions.
Is MT4 a Russian company?
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.
Is MetaTrader back on Apple?
Key Points. Metatrader 4 (MT4) and Metatrader 5 (MT5) applications have returned to the Apple App Store as of 6th March 2023, after being unexpectedly removed by Apple in September 2022 for non-compliance issues.
Can I use MT4 in USA?
We found that US traders are offered four different platforms to trade from. This includes MetaTrader 4, the fully customizable OANDA Trade web and desktop platform and trading app.
What has happened to MetaTrader?
MetaTrader iOS – the MT4 and MT5 apps – have been removed from the App Store. The trading platform's desktop version is still available to download and the Google Play version hasn't been affected.
Did Apple remove MT4?
MT4 and MT5 removed from the App Store
It was revealed that Apple had removed both the Meta Trader 4 and Meta Trader 5 platforms from the AppStore. This revelation shocked traders worldwide as this came unexpectedly through no statement from either Apple or MetaQuotes.
Does Apple have MetaTrader 4?
Trade with Global Prime Using MT4 on Your iPhone
Access over 50 technical indicators, all types of trading orders, multiple chart types, economic calendars and more. With the MetaTrader 4 app for iOS you can place trades, monitor you positions and analyse the markets anytime, anywhere.
Will MetaTrader come back?
LIMASSOL, Cyprus, March 6, 2023 (Newswire.com) - On the 6th of March 2023, MetaTrader 4 and MetaTrader 5 Apps have been reinstated and are available for download from the AppStore.
Why did Apple remove MT4 and MT5?
Apple's main problem, it seems, is that MT4 and MT5 were being manipulated by scammers posing as brokers. MetaQuotes has taken lengths to resolve these vulnerabilities, and Apple must be satisfied with their efforts.
Should a beginner use MT4 or MT5?
In short, if you are new to trading, MT4 is the right choice. The basic functions in MT4 are more than enough for trading. If you already have trading experience, try MT5 as it has more features.
Should I get MetaTrader 4 or 5?
The new MT5 version is considered to be superior for stock trading and order management, while the older MT4 platform is considered to be superior for forex trading. As a matter of fact, most retail traders will notice little difference between the two platforms.
