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CFDs and Spread Bets are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.5% of retail investor accounts lose money when trading CFDs and Spread Bets with this provider. You should consider whether you understand how CFDs and Spread Bets work and whether you can afford to take the high risk of losing your money. Please seek independent advice if necessary.
Apple Removes MT4 and MT5 from its App Store. Here’s What You Need to Know.
September 26,2022 12:51:49Apple has removed MT4 and MT5, the two most popular online trading platforms in the world, from its App Store. MetaQuotes’ MetaTrader 4 (MT4) and MetaTrader 5 (MT5) will no longer be available for iOS devices. However, devices that already have these apps installed can continue to use them. The only drawback is that future updates, upgrades and patches may not be available for these users.
Both MT4 and MT5 will, however, still be available on Desktop version and Google’s Play Store for Android devices for the moment.
Why has Apple taken such a strong stance?
It is believed that the decision to remove MT4 and MT5 from the App Store is associated with the sanctions against Russia. Apple is also removing other apps with ties to the country. Although MetaQuotes is based in Limassol, Cyprus, its CEO and founder, Renal Fatkhullin, as well as his brother, Lenar Fatkhullin, who is Marketing Director at MetaQuotes, are Russian.
How does this move impact traders?
MetaQuotes’ online trading platforms are estimated to account for more than 50% of the online trading platform market. Both MT4 and MT5 are widely accepted as the most popular trading platform among retail traders. The unavailability of the platforms on Apple devices and laptops will certainly be a disappointment for many. But the good news is that they are still available for all other operating systems, including Windows and Android. It could, therefore, leave traders to explore Android options which may backfire on Apple.
This move by Apple also gives traders an opportunity to explore other powerful trading platforms. For instance, the Vantage ProTrader platform, powered by TradingView, offers traders access to hundreds of popular indicators, along with 50+ technical drawing tools. The platform comes pre-loaded with a comprehensive suite of tools that power traders for in-depth market analysis related to the most popular trading strategies and systems.
Ready to start using the world-famous TradingView style chart?
Learn more about the exclusive Vantage ProTrader platform at www.vantagemarkets.co.uk/platforms/trading-platforms/protrader/
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About us
Vantage is a global, multi-asset broker offering clients access to a nimble and powerful service for trading CFDs on Forex, Commodities, Indices, Shares.
With more than 10 years of market experience and headquartered in Sydney, Vantage now has over 1,000 staff across more than 30 global offices.
Vantage is more than a broker. It provides a trusted trading ecosystem that enables clients to achieve their own success, in a faster and simpler manner.
Empowering you to better trade on the right market opportunities. trade smarter @vantage.
