Attention: outdated versions of MetaTrader 4 are no longer supported | FIBO Group - 14 October 2021 (2024)

FAQs

How do I update the old version of MT4? ›

If you have an older version of MT4 already installed, Play Store will instead present you with an “Update” button. Once again, clicking it will replace the older version with the latest MT4 release.

MT4 will stay as long as Metaquotes makes its major returns with it and there is nothing available to substitute that cash flow. Metaquotes enforcing MT5 onto brokers (and retail traders) is the same as committing business suicide. Of course that's not going to happen.

Meta Trader 4 and Meta Trader 5 apps were likely removed from the Play Store due to policy violations or compliance issues with Google's guidelines. This could involve concerns over security, privacy, or other regulatory matters.

In September 2022, a ban on the MT4 and MT5 apps in Apple's App Store, which affected all markets, made headlines.

No. Although Metaquotes announced several years ago they would no longer be supporting MetaTrader 4, it is still available from their website for free download and remains by far the most popular and widely used trading platform. What is the difference between MT4 and MT5?

MetaTrader 5 (MT5) is the newest iteration of the popular MetaTrader platform. While the MT5 is newer, it is not necessarily an upgraded version.

If you see a message such as 'invalid account' or 'no connection', check your login details and try to log in again. Remember to use your MT4 details, not your normal IG details – you'll have a five or six-digit account number for MT4. Also check the server you are logging in to.

Your platform may be experiencing a server login problem. Refresh your server list and log in again . You can also reinstall your MT4 platform.

Over the past few months, MetaQuotes has tightened its grip on licensing policies, particularly impacting those operating with Grey Labels – brokers who share their platforms with other companies. This shift culminated in a major policy change in October 2022, with MetaQuotes discontinuing their White Label offerings.

The best overall MetaTrader 4 alternative is thinkorswim. Other similar apps like MetaTrader 4 are eToro, E*Trade Web Platform, Binance Broker, and Active Trader Pro. MetaTrader 4 alternatives can be found in Brokerage Trading Platforms.

Is MetaTrader 4 back? ›

On March 6, 2023, MetaQuotes announced that MetaTrader 4 and MetaTrader 5 apps were reinstated on the App Store. According to the company's website, “MetaQuotes has communicated to Apple extended explanations surrounding operational technicalities and provided further insights as requested.”

A Historical Precedent: MetaTrader's Removal from the App Store. The trading community was taken by surprise when Apple decided to remove MT4 and MT5 from the App Store in September 2022, citing non-compliance with its guidelines [1].

Yes, you can. With MetaTrader 4 you have the option to set buy and sell limits in the 'orders' window. They are presented as the 'stop loss' and 'take profit' options.

Recently, the much-appreciated trading platforms all over the world, MT4 and MT5, have been banned in India. This is a major shock for traders. The Indian government made this decision unexpectedly.

Yes, MetaTrader 5 (MT5) is allowed and available for use in the United States.

Download the archive contains the previous version of the executable file, extract terminal.exe from the archive, and replace the same file in your terminal folder (in my case, I replace the file "C:\Program Files\FXCC - MetaTrader 4\terminal.exe".)

If you encounter the “Waiting For update” error message on an MT4 or MT5 asset chart, it indicates that the platform is not receiving price quotes for the asset. The same issue presents as just the asset name on screen rather than “Waiting For Updates”.