FAQs
Are MT4 and MT5 Banned in the US? No. Apple temporarily removed them from their store from September 2022 – March, 2023, but there was never any ban from any government entity. Apple seems satisfied that the issues that lead to MT4 and MT5's removal have been adequately addressed.
Why MT4 and MT5 removed from App Store? ›
While the exact reasons for the removal remain unclear, the prevailing speculation ties it to the Republic Bank of India's (RBI) stringent stance against unregulated forex trading. In November 2023, the RBI issued warnings to 75 unauthorised entities for operating without proper authorization.
Are MT4 and MT5 banned 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The MT4 platform was the most popular forex and CFD trading platform in existence, but was recently superseded by the birth of its more recent relative MT5.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.
Is MT5 back on the Apple Store? ›
On March 6, 2023, MetaQuotes announced that MetaTrader 4 and MetaTrader 5 apps were reinstated on the App Store.
Will MT4 come back to Apple? ›
Technology giant Apple has relisted two MetaQuotes apps, MetaTrader 4 and MetaTrader 5, on AppStore after about six months of delisting them. This will again allow iOS users to download the two trading platforms from AppStore, and existing MT4 and MT5 users will receive app updates.
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.
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 did Apple remove MT4? ›
On September 23, 2022, users found MT4 banned and MT5 banned from the Apple App store. The company simply stated that these MetaQuotes instruments didn't comply with the App Store's review guidelines.
Why is MetaTrader banned on iOS? ›
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.
Is MetaTrader removed from Apple Store? ›
If you have the MT4 or MT5 iOS app already installed on your device you can continue to trade with it, but you will not be able to make any future updates. New users can no longer download the application from the Apple App Store. They can still, however, download it from the Google Play Store.
Android and iOS users can download MT5 for trading on the go. The MetaTrader apps (MT4 and MT5) were briefly delisted from the Apple App Store in September 2022, but MetaTrader is again available for iOS as of March 2023.
Is MetaTrader 5 available for iPhone? ›
Connect to hundreds of brokers and trade in financial markets using MetaTrader 5 for iPhone and iPad.
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.
Will MT4 come back? ›
After being removed from the AppStore for approximately six months, Apple has reinstated MetaTrader 4 (MT4) and MetaTrader 5 (MT5) to the iOS AppStore, giving users the ability to download and use these popular trading platforms once again!
Why is MT4 removed from 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.
Why is MT4 banned on iOS? ›
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.
Why did Apple ban MT5? ›
According a comment, Apple banned MT4 and MT5 because the trading platforms allow automated trading robots or EAs, which place trades on behalf investors and are likely to be used to manipulate markets.
What is happening with MT4 and MT5? ›
MetaQuotes Software has announced they will no longer update MT4. Over time, more traders will gravitate towards MT5. MQL4 vs MQL5: Some traders may choose to use MT4 because they created an Expert using the MQL4 programming language.
