Why is MT4 banned from App Store?
They can now be downloaded and used on iPhones and all Apple products. Since Apple removed the platforms in September, MetaQuotes has been actively addressing Apple's issues with the apps. Apple's main problem, it seems, is that MT4 and MT5 were being manipulated by scammers posing as brokers.
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.
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.
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.
The removal of Meta Trader 4 and Meta Trader 5 apps from the Play Store might be due to various reasons, such as policy violations, security concerns, or other issues. It's best to check official statements from MetaQuotes, the developer of Meta Trader, for more details on the specific reasons for their removal.
Trading platforms MetaTrader 4 and MetaTrader 5 (known respectively as MT4 and MT5) have officially been reinstated on Apple's App Store and are once again available for download having previously been removed from the app store in mid-September 2023.
MT4 will stay as long as Metaquotes makes its major returns with it and there is nothing available to substitute that cash flow.
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.
The MT4 platform was the most popular forex and CFD trading platform in existence, but was recently superseded by the birth of its more recent relative MT5.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.
Yes, the minimum deposit is $100. We'd always recommend making sure you have more than the minimum available, to afford you more flexibility with your strategy. Start trading on MT4 by opening an account, or practice first using virtual funds with an MT4 demo.
Can I get MT4 on iPhone?
You can use the MetaTrader 4 mobile app to trade from your iPhone or iPad by signing up through our platform. Learn how to get started with MT4 using your iOS mobile device.
- thinkorswim. (31)4.0 out of 5.
- eToro. (24)3.8 out of 5.
- E*Trade Web Platform. (23)4.0 out of 5.
- Binance Broker. (14)4.4 out of 5.
- Active Trader Pro. (11)4.3 out of 5.
- TradingView. (50)4.6 out of 5.
- IEX. (17)4.6 out of 5.
- Kite. (31)4.6 out of 5.
Reason #1 – installation is being blocked by Firewall
The computer uses Firewall and antivirus which block the installation of MT4.
A Common Error in MetaTrader 4 (MT4) relates to a connectivity issue due to a slow or non-existent connection between the trading platform and the server. Connection failure is usually caused by a lack of internet connection to the user's device.
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.
On 24th September 2022, Apple removed the MT4 & MT5 app from the iOS App Store. New users can no longer search or download the application, and current users will not be able to perform any updates in future but can continue trading normally.
There could be several reasons behind this, ranging from technical issues to policy updates. However, it's important to note that the removal of MetaTrader from the Play Store doesn't reflect negatively on the platform itself. It remains a reliable tool for traders worldwide.
MT4 was released in Russia in 2005 before MT5 came in 2009 to support more trading instruments. According to a study conducted in September 2019, MetaTrader 4 was still the most popular trading platform in the world at the time.
- Locate the download in the bottom left-hand corner of the page.
- Right-click/double-click on "MT4Install. EXE" to open the install wizard.
- Follow the instructions to complete the install.
Are Forex Brokers and Forex trading legal in the U.S.? Yes, forex brokers are legal in the U.S., but they must be registered with and regulated by the Commodity Futures Trading Commission (CFTC) and be members of the National Futures Association (NFA).
Is MetaTrader 4 or 5 better?
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.
Customizability and security, simplicity of use, graphical capabilities, and high performance are all aspects of MetaTrader 4. Many traders wonder if MetaTrader 4 is trustworthy and lawful. Yes, the MT4 WebTrader trading platform is legitimate.
MT5 offers improved performance compared to MT4, thanks to its multi-threaded strategy tester and optimised code execution. It can handle larger volumes of data and support more sophisticated trading algorithms, making it suitable for advanced traders and institutional investors.
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.
MT5 is more widely supported by the developer. Brokers often offer a larger range of markets and better pricing (for trading costs and spreads) on their MT5 offering than what is available using MT4 (this of course depends on your broker and your individual trading account).
