MT5 iOS App Users Rise After Relisting

MT5

The number of MT5 application users increased by 14%, which is the highest it has ever been.

MT5

The CEO of MetaQuotes, Renat Fatkhullin, said:

We expected a smooth recovery of the audience within a month or two, but even more positive dynamics became visible in the first days after the return. Contrary to some forecasts, interest in the application became even higher. The trust of users in our trading platform is growing no matter what.

MetaQuotes recently released an update for its two most popular trading platforms, MT4 and MT5. This update came shortly after the apps were made available again on the Apple AppStore.

MetaTrader 4 and 5 are the most popular trading programs used by traders. MetaQuotes is currently promoting the newer version, MT5, and no longer licenses MT4, even though it is still widely used.

In September of last year, Apple suddenly removed two trading applications from its AppStore without giving a clear reason. Industry experts believe that Apple was worried about the use of MT4 and MT5 apps by people trying to cheat others.

MetaQuotes decided to stop allowing its platforms to be used for white-label solutions of offshore brokers offering services from regions with weak regulations.

To prepare for this, MetaQuotes launched a new version of the MT5 web platform that is designed specifically for mobile devices.

MetaQuotes, stated:

Our team has done a great job to restore MetaTrader 5 for iOS in cooperation with Apple. We had no doubts about a successful outcome, so we never stopped developing improvements. The next big update was released a few days after the application returned to the marketplace.

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