What is MT4 Trading Platform for iOS?
The MetaTrader 4 trading system allows you to implement trading strategies of any complexity. By combining different types of market, pending and stop orders, as well as using a trailing stop, you can perform trades despite of the current market situation.
Apart from trading, MetaTrader 4 for iOS allows you to analyse quotes of financial instruments. The platform supports the 30 most essential technical indicators and 24 analytical objects which include the following: lines, channels, geometric shapes, as well as Gann, Fibonacci and Elliott tools. All can be applied both to charts and indicator windows and can adjust colour schemes to your liking.
The interactive charts display currency rate changes in real time. The application provides three types of charts: bars, candlesticks, and lines. Charts can be easily scaled and scrolled, while switching between timeframes is possible from one minute to one month.
Why MetaTrader 4 for iOS was removed from Apple’s App Store?
The MetaTrader 4 MT4 app was removed from App Store on the 23rd of September 2022. According to MetaQuotes, Apple has sent them an email stating that the MT4 platform does not comply with the App Store’s review guidelines. Neither Apple nor MetaQuotes has made a formal statement for the specific reasons they have banned the MT4 platform.
Assumptions say that Apple is starting to restrict apps with ties to Russia as a form of sanctions against their aggressive acts towards Ukraine.
When will MetaTrader 4 mobile return to the Apple App store after banned?
The company behind the MT4 iOS app – MetaQuotes, say they are currently doing everything they can to bring MetaTrader 4 back to the Apple App Store, at this specific moment, it is impossible to say at when they will manage to make that happen. Traders who want to trade on their iPhones have two choices – either to keep waiting for MT4 to return in App Store or find a suitable alternative. One such alternative is offered by Traders Trust – it is the WebTrader trading platform which allows users to trade anywhere and anytime.
How to install MetaTrader4 iOS app on my iPhone?
On the 23rd of September, Apple informed MetaQuotes, the developers of MT4, of their intention to remove the popular trading app from the App Store. Later on, the same day, Apple removed MT4 from the App Store.
The reason is alleged non-compliance with guidelines by the developers of the MetaTrader 4 mobile apps. Currently there is no way to install MT4 app on devices running Apple’s iOS. If you’re looking for a quality mobile app for trading on financial markets, WebTrader could be a suitable replacement.
Everything about MT4 WebTrader – Is it the best alternative for iPhone users?
WebTrader is a platform designed for quick execution in a fast-trading environment and one of the best alternatives for iPhone users. It has everything expected from a bespoke built platform for you to build and control portfolios across several asset classes. You can use WebTrader to trade a range of markets including Forex, Indices, Cryptos, Metals and Oil.
WebTrader offers real-time insights into price movements or any changes that happen when you are not trading. You can easily access to charts and graphs that are constantly being updated. You are also able to stream market data. The platform is attractive to many traders around the world and is one of the most common platforms used by traders after MetaTrader 4 for iOS removal.
What makes WebTrader better option than MT4 on iOS
MetaTrader 4 is one of the most popular trading platforms in the world and is still used by both retail and professional traders. However, WebTrader gives the serious online investor increased accessibility to prices, as well as the ability to trade on their own terms by easily closing and opening positions or initiating stop orders to protect investments and minimize uncertainty.
While each platform has its undeniable advantages when it comes to desktop trading – WebTrader is perfect for people who want a simple user experience.
Top 4 key advantages of WebTrader:
1. Easy to Access: It allows you to trade anywhere and anytime, all you need is a stable internet connection and an up-to-date browser.
2. Faster and Lighter Performance: The platform does not take much space in your device memory.
3. Equipped with Technical Indicators: Such as looking back at historical data or a view into the current price of a currency pair.
4. More user friendly: WebTrader is well suited for new traders who are still learning and like to follow a simple trading strategy.