Why MetaTrader 4 removed from Play Store? (2024)

Why MetaTrader 4 removed from Play Store?

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.

Why did MT4 get banned?

It is believed that allegations of a growing scam network are the reasons behind this move. What is MT4 & MT5? Meta Trader is a forex trading platform used by brokers in India and all over the world.

Why is MetaTrader being removed?

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.

Why did they take MetaTrader 4 off the app store?

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.

Is MetaTrader 4 no longer available?

The MT4 platform was the most popular forex and CFD trading platform in existence, but was recently superseded by the birth of its more recent relative MT5.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.

Is MetaTrader 4 back?

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.

Why people still use MT4?

Traders using both platforms say that MT4 and MT5 have custom programming languages. The difference is that MT4's programming language is easier to launch, develop, and install. MT4's programming language is ideal for new traders because it only requires minimal steps to set up its functionality.

What replaced MetaTrader?

Other important factors to consider when researching alternatives to MetaTrader 4 include reliability and ease of use. 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.

Will MT5 replace MT4?

The new MT5 version is definitely more powerful and efficient than MT4, but it cannot replace MT4 entirely since both of these platforms are used for different purposes.

Is MetaTrader 4 on Play Store?

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.

Did Apple remove MetaTrader from App Store?

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.

Is MetaTrader 4 available for iPhone?

Connect to hundreds of brokers and trade on currency markets from the MetaTrader 4 for iPhone or iPad!

Is MetaTrader 4 legal in US?

Yes, the MT4 WebTrader trading platform is legitimate.

Why won't MetaTrader 4 let me trade?

The trade is disabled in MT4 error message means that you can't execute any trades with your broker. This error message usually appears when you try to place a new trade. It can indicate that you are trying to execute a trade while the market is closed, on an invalid symbol or your account hasn't been set up correctly.

Is MetaTrader 4 real or fake?

MetaTrader 4 (MT4) is a legitimate and widely used trading platform in the financial industry. It is not a scam. MT4 is developed by MetaQuotes Software and has been in existence for many years, serving as a trading platform for forex, CFDs (Contract for Difference), and other financial markets.

Why MT5 is better than MT4?

Though MT4 and MT5 were created by the same software developer, they offer a different range of functions and trading abilities. MT4 offers a relatively simple trading experience, whereas MT5 is a feature-rich, multi-asset platform that accommodates instruments and asset classes beyond just forex and CFDs.

Is MT4 or MT5 better?

Both MT4 and MT5 are the official versions created and distributed by MetaQuotes Software. 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.

Why MT4 is better than TradingView?

Both platforms grant direct access to financial markets through a forex broker and provide advanced trading tools. TradingView is a powerful charting platform and social network for traders. MetaTrader 4 has a strong algorithmic trading focus with reliable execution.

Is MetaTrader Russian owned?

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.

Why is MT4 and MT5 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 do traders prefer MT4?

MetaTrader4, or MT4 as it is popularly known, is the most popular trading platform used by forex brokers and traders across the world. Its ease of use, simple design and inclusion of several useful inbuilt tools make it a highly efficient trading platform.

Is MT4 back on iOS?

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.

How to use MT4 in usa?

It takes just a few steps:
  1. Create a FOREX.com MT4 account.
  2. Log in.
  3. Set up and fund your FOREX.com MT4 account.
  4. Log into your existing MT4 platform with your FOREX.com credentials and all your chart data and analysis will automatically sync.

How to download MetaTrader 4 on Android?

Metatrader 4 for Android
  1. Go to Google PlayStore. Tap your PlayStore icon and go to the Store.
  2. Search for Metatrader 4. ...
  3. Find Metatrader 4. ...
  4. Download the app. ...
  5. Wait for the app to download. ...
  6. Run the app. ...
  7. Find Octa servers. ...
  8. Login to your account.

How can I get MetaTrader 4?

How to install MT4 for Android
  1. Visit the Google Play app store.
  2. Type in 'MetaTrader 4'
  3. Select the MetaTrader 4 app.
  4. Click 'install'
  5. Open the MT4 app on your Android device and sign in with your IG account.

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