Popular forex and contract for difference (CFD) trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5), are no longer available for downloading on App Store, the online mobile store of giant technology manufacturer, Apple Inc.
Both apps are available on on Google Play, the equivalent for Android phones, as of Saturday 9 PM AEST. The desktop versions also remain unaffected at the moment.
App versions of the popular PC electronic trading platforms are provided by MetaQuotes Software Corp., a Russian software company that also has registration offshore in Limassol, Cyprus.
There is no publicly accessible information about the beneficial owners of MetaQuotes besides CEO Renat Fatkhullin, who himself has always kept a low profile
A MetaQuotes representative told Finance Magnates that the company received a letter from Apple on Friday, September 23, stating that the firm’s trading apps do not comply with the App Store Review Guidelines.