MetaTrader alternatives in App Store for Apple mobile device users

The popular third-party forex and CFD platforms were delisted in September 2022 following links to unlicensed brokers based offshore. May You Please…add More Timeframe Options, & alert & Push Notification On Iphone/ iPad App Please? On the iPad MT4 can you allow “Objects” & “indicators” to sync on the other charts that are open?

  • The App Store considered that it could cause speculation about the price of underlying assets.
  • There is a distinct possibility that the ban will prove to be permanent.
  • Best-in-class web & mobile trading platforms, sales-driven CRM, full integration with MT4/5, and 150+ payment providers.
  • Meanwhile, Android users can continue to utilise the platforms since they are still available on the Google Play Store.
  • FTEC is the world’s first algorithmic cryptocurrency trading platform.

In addition, Axiory provides its clients with access to advanced trading tools and resources, which can help them make more informed trading decisions. NinjaTrader is a powerful trading platform with many features and tools that can be used by traders of all levels of experience. Some of the best features include its user-friendly interface, advanced charting capabilities, and robust backtesting functionality. NinjaTrader also provides access to a large community of traders who can share their insights and strategies.

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While only the biggest players in the industry have the resources to develop their own web or desktop-based trading software, proprietary mobile apps are relatively common. If you are a client of a more established forex broker, chances are that you already have access to an alternative mobile trading app solution. As things stand now, these proprietary mobile apps have some advantages and some disadvantages. MetaTrader 4 (MT4) and MetaTrader (MT5) can no longer be downloaded from the Apple App Store.

metatrader alternatives in app store for apple

The TradeStation platform is designed to provide the fastest possible execution of trades, while still providing the tools necessary to make informed decisions about trades. This includes streaming news and analysis, trade signals, and extensive charting. However, to maintain its dominance in the third-party retail trading platform space, MetaQuotes concentrated efforts on its browser-based terminal. In November the company went live with a new MetaTrader 5 web solution, pointing out that mobile traders don’t need to download an official app.

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So, for traders using Apple mobile devices, this means no access to one of the oldest and most popular retail trading platforms. EToro is a full-featured trading platform popular with cryptocurrency traders, but it also offers a range of other investment products such as stocks, forex and ETFs. EToro’s standout feature is its CopyTrader, a form of social investing that allows users to copy trades of high-performing traders.

metatrader alternatives in app store for apple

It has chart templates and detachable charts, which can be used as stand-alone applications. CTrader actually offers more timeframes, chart types and graphical tools than MetaTrader by default. However, it’s important to remember that MT4 is not a forex broker.

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Best-in-class web & mobile trading platforms, sales-driven CRM, full integration with MT4/5, and 150+ payment providers. Unfortunately, Apple has not commented officially if they are going to return these platforms to the App Store. However, many traders are hopeful that the company will change its mind and make these popular trading platforms available again. Apple has commented that the reason they banned MT4 from AppStore is that it allows for the development of Expert Advisors, which are automated trading robots. These robots can place trades on behalf of their users and have the potential to manipulate markets. So for MT4 which is the leading one in the FX market, Apple is considered a risk for a stable financial market.

MetaQuotes, the company behind the MT4 and MT5 trading apps, received a letter from Apple on September 23 stating that its applications do not comply with the App Store Review Guidelines. The technology giant then promptly removed both applications from its App Store, preventing any new downloads. Unsurprisingly, brokers rushed to find alternatives for their iOS traders in the wake of the ban, with many firms turning to solutions like cTrader. Several competitors boosted their marketing budgets and confirmed an uptick in usage in the months that followed the delisting. MetaQuotes has spent the last few months convincing the technology giant that it will do more to inspect the brokers that can provide its trading applications. Essentially, unscrupulous brokers will be unable to offer trading on the MT4 and MT5 apps.

Apple Removes MT4 & MT5 From Its App Store

Here, Benzinga briefly reviews competitor trading platforms and to see how they stack up to MetaTrader 4. XCritical trading platform is a high-performance, innovative software. The system, like MT4/5, is equipped with everything necessary to trade in the Forex and CFD market. Enhance or build your brokerage business from scratch with our advanced and flexible trading platform, CRM, and a wide range of custom solutions. However, you should always do your own research to find the MetaQuotes alternative for MT4 and MT5 platforms that suit your personal trading style and goals the best.

The trading community was shocked when Apple announced the ‘MetaTrader ban’ on the Apple App Store. Some started looking for new trading platforms, while others were just confused about what to do next. Our interviewees repeatedly discussed the “new opportunities” the ban has created and talked of the impact the ban will have. As an incumbent and
emerging broker, you should consider basing your offering not only on
MetaQuotes platforms but also complementing it with one of the popular
alternatives offered in a white-label format.

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The application has an effective load management system, ensuring its operation’s stability during periods of volatility and trading activity. The developer, MetaQuotes Software Corp., indicated that the app’s privacy practices may include handling of data as described below. The popularity of the recent survey and the discussion that ensued under it have made us decide to use this format far more often.

metatrader alternatives in app store for apple

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