After being removed from the AppStore for almost six months, technology behemoth Apple has relisted two MetaQuotes programmes, MetaTrader 4 and MetaTrader 5, there. ..
The two most popular trading platforms in the FX/CFDs sector are MT4 and MT5.
The two apps were removed by Apple in September.
After being removed from the AppStore for almost six months, technology giant Apple has relisted two MetaQuotes programmes, MetaTrader 4 and MetaTrader 5, there. The two trading platforms will once more be available for iOS customers to download from the AppStore, and current MT4 and MT5 users will get software upgrades as a result.
Apple lists the MT4 and MT5 apps again
The long relisting procedure was announced late Monday. The Cyprus-based software business must engage with Apple in great detail about operating specifics and supply needed insights.
Renat Fatkhullin, the CEO of MetaQuotes, stated, “We are pleased that the issue has been handled and that we were able to come to an accord with Apple. “Our business respects the demands of every market and works hard to satisfy them. We tried our best to respond to Apple’s inquiries on the problems in a timely way since we felt accountable to our users. I also want to express my gratitude to the traders, brokers, and media for their active support.”
The top third-party trading platforms for retail forex and contracts for differences (CFDs) trading are MT4 and MT5. By the end of Q2 2022, it controlled an estimated 83.8 percent of the trading platform industry, according to Finance Magnates Intelligence.
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Last September, Apple abruptly removed the two trading apps from its AppStore without providing a justification. Industry insiders said that the IT giant was worried about the usage of MT4 and MT5 apps by fraudsters with offshore bases.
In the meanwhile, MetaQuotes is concerned about the rise in fraudulent app usage. The business abruptly changed its policy and stopped processing white-label platforms for offshore brokers providing services from unregulated areas.
And the firm was obliged to concentrate on its web-based mobile platform as a result of the AppStore delisting. It unveiled a new MT5 online terminal in November of last year, emphasising that “downloading a mobile app from the Apple App Store or Google Play is not required.”
While this was going on, MetaQuotes’ loss helped its rivals. After the interim restriction on two MetaTrader applications, a number of other trading platform providers increased their promotion, and some even reported an increase in sales.
A messaging app containing financial news and trading analytics recommendations was just released by MetaQuotes. It is accessible on both Google’s Play Store and Apple’s AppStore and delivers the services via MQL5 Channels.
In addition to the two trading platforms and the new messaging app, MetaQuotes now has a “Tradays Forex Calendar” listed on the App Store. It has five apps on Google Play, including all the ones available to iOS users and Dollar Colombia, which displays the current USD/COP exchange rate together with historical pricing information.