MetaTrader MT4 and MT5 removed from the Apple App Store

The Consulate is also a major regional conference and training center for staff from other embassies and consulates, and it provides consular-services support functions for the region. Finance Magnates’ verify exhibits that the buying and selling apps don’t come up when a search entry is finished on the Apple App Retailer. Unfortunately, what happened will create many problems for millions of traders who own Apple devices. This only affects traders who wished to download the app on their iPhones or iPads. The second reason is thought to be related to some complaints about MetaTrader in the App Store.

Another sore point that could have caused this so drastic measure by Apple concerns the massive presence in the Store of “bogus” applications that were passed off as MetaTrader 4 and MetaTrader 5 (MT4 and MT5). According to reliable sources, the cancellation of MetaQuotes apps was caused by the strong friction between Western countries and Russia. The Metatrader 4 (MT4) for iOS is not available to download from the Apple App Store. If you have any further questions, please feel free to contact AMarkets customer support. According to Finance Magnates Intelligence, MT4 and MT5 boasted a combined 78.7% share of the market at the close of 2020. MetaQuotes noted that it was liaising with Apple “in an effort to clarify the situation” and resolve the issue.

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This sudden removal by Apple of the most used trading platforms in the world has caused quite a few dissensions among traders for various reasons. As part of the scam, scammers ask retail traders to download the MetaTrader app. MetaQuotes on the other hand completely denies anything to do with this scam. On the other hand, Forbes itself quotes Apple spokesman Adam Dema as revealing that the company is investigating complaints against MetaTrader. Dema emphasized that Apple will take further action to protect App Store users if necessary.

One area that traders might worry about in the absence of the MetaTrader
platforms, is the feature-rich charting tools. XOH Trader and XOH Mobile come loaded with advanced charts
that are intuitive enough for novice traders to use conveniently, while
offering advanced traders all the tools they need for informed decision-making. In a WhatsApp text message sent late Sunday evening, Cy, the victim who has still been unable to recoup any of his losses, said he was pleased that Apple had removed the trading app. He had previously told Forbes that a large part of why he was convinced to download it was that it had positive reviews and could be found on Apple’s App Store.

Why did Apple remove MT4 and MT5 from the App Store?

Apple overnight, despite everyone being unaware of what was happening, has provided for the definitive cancellation of the trading apps MetaTrader 4 and MetaTrader 5 (MT4 and MT5) from the App Store. I started trading and became familiar with cryptocurrency and forex in 2015. Later, I continue to share market information on online platforms to educate others.

Complaints about MetaTrader arose because recently a viral article appeared written by a senior technology writer from Forbes named Cyrus Farivar. The article is titled “How One Man Lost $1 Million On A Crypto ‘Super Scam’ Called The Pig Butchering”. With so much success and consistency across the years, why did MT4 and MT5 suddenly disappear from the App Store? Apple removed MT4 and MT5 from the App Store on the 23rd of September 2022 claiming the app did not comply with its guidelines.

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Both the MT5 and MT4 apps and the desktop versions of the software are available for download at any time on Google Play. Existing clients with the platforms already downloaded on their Apple devices can continue to use the iOS version. This incident apparently affected not only MetaQuotes but also numerous brokers that use the platform. MT4 and MT5 together captured 83.8% of the total market share at the end of Q2 2022, according to Finance Magnates Intelligence.

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It quickly became internationally popular for its huge array of indicators, charting packages and amount of Expert Advisor tools offered. The MT4 software remains MetaQuotes’ most beloved product to this day. The software has been enjoying decades-long patronage from industry stakeholders and remains a top choice for online retail forex traders. The removal of MT4 and MT5 from the App Store does not seem to be affecting those in the Apple / iOS mobile environment (iPhone, iPad) who have already downloaded the apps to their devices.

• Apple’s ban of MetaTrader comes two weeks after Forbes profiled one California-based scam victim, who lost over $1 million last year.
• It’s available on desktop, mobile and tablet across iOS and Android systems.
• Moreover, the founder and CEO of MetaQuotes, Renat Fatkhullin, and his brother, Lenar Fatkhullin, who is also the Marketing Director of MetaQuotes, are Russian.
• It also has dedicated, branded web and desktop options,
  along with a fully open front- and back-end API.
• However back in June 2021, MT5 became more popular than MT4 among brokers which highlights the constant improvements the parent company, MetaQuotes provides.
• The Consul General and his principal officers direct the activities of the United States Consulate General in Frankfurt.
• MetaQuotes and Apple, at the time of writing (5 October 2022), have yet to release any concrete statements.

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MetaTrader 4 and 5 Applications Are Back in the Apple AppStore

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