Why Meta Trader apps being removed from the app stores?
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<p id="isPasted">On September 23, 2022, users found MT4 banned and MT5 banned from the Apple App store. The company simply stated that these MetaQuotes instruments didn't comply with the App Store's review guidelines. Though, there hasn't been any formal explanation from the company.</p><p>The MetaTrader ban has surprised traders, especially considering how convenient these platforms are for online Forex trading. As suggested by Finance Magnate's Quarterly Intelligence Report of Q2 of 2022, MT4 and MT5 together covered 83% of the market share of overall online trade transactions.</p>
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<p id="isPasted">The removal of MetaTrader 4 (MT4) and MetaTrader 5 (MT5) from app stores stems from two separate issues: a global, policy-based ban by Apple in 2022, and regional, regulatory crackdowns by Google in specific countries. </p><p>Understanding these events requires breaking down the distinct reasons behind each platform's actions.</p><p><strong>🍏 The Apple App Store Removal (Global, 2022)</strong></p><p>In September 2022, Apple unexpectedly pulled both MT4 and MT5 from its global App Store. </p><ul><li>The Reason: While initial rumors pointed toward geopolitical sanctions due to MetaQuotes' Russian origins, the official reason was non-compliance with App Store guidelines regarding fraud prevention.</li><li>The Underlying Issue: …</li></ul>