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Alternatives to MetaTrader 4 (MT4) & MetaTrader 5 (MT5)

TABLE OF CONTENTS

Alternatives to MetaTrader 4 (MT4) & MetaTrader 5 (MT5)

Alternatives to MetaTrader 4 (MT4) & MetaTrader 5 (MT5)

Vantage Updated Updated Tue, 2024 January 16 11:50

MetaTrader’s removal from App Store: What Happened?

Having been around for more than a decade, the MetaTrader platform has rocketed in popularity, becoming the top choice for online traders as well as industry stakeholders. However, as of 23rd September 2022, Apple has pulled MetaTrader 4 (MT4) and MetaTrader 5 (MT5) from the App Store.  

 MetaQuotes, the company behind MT4 and MT5, received news from Apple stating that the applications do not comply with the App Store’s reviewed guidelines. Details regarding the case have yet to be confirmed by MetaQuotes [1].  

However, the desktop version of MT4 and MT5 still remain available, while Android users can rest assured knowing that the Google Play Store versions have not been affected.  

MT4 and MT5 Alternatives 

With no resolution in sight for now, traders may wish to explore other alternatives. Here are three in-house options for you to consider. 

1. Vantage WebTrader 

Vantage WebTrader, a web-based platform offers traders a convenient alternative to traditional downloadable trading software like MT4 and MT5. As a web platform, it can be accessed easily without the need to download any software, making it ideal for online brokers and traders who value speed and convenience. 

With the Vantage WebTrader, traders can open and close positions, conduct technical analysis, and access classic tools and indicators similar to those offered by MT4 and MT5. The platform’s versatility also allows traders to seamlessly switch between desktop and mobile devices, provided they have a stable internet connection and a reliable browser.

Here’s a snapshot of what the WebTrader looks like on the Vantage platform. 

mt4 chart

How to get the Vantage WebTrader? 

1. Sign up for a Vantage Demo or Live account 

2. Under the “Downloads” tab, click WebTrader 

3. Sign in with Account Number, Password, and Server

2. Vantage ProTrader 

The Vantage ProTrader, powered by TradingView, is a versatile trading platform that caters to traders of all levels in the financial markets, including those engaged in forex and CFD trading. With access to hundreds of the most popular indicators, over 50 technical tools, and a comprehensive suite of tools for in-depth market analysis, traders can create and implement effective trading strategies based on the most well-known trading systems and strategies. 

Whether you’re trading forex, stocks, or commodities, the Vantage ProTrader provides the tools you need to analyse the markets and make informed trading decisions based on the latest market data. 

Protrader chart

How to get the Vantage ProTrader? 

1.Sign up for a Vantage Demo or Live Account 

2. Click on “ProTrader Platform” tab 

3. Login with account details  

Learn more about Vantage ProTrader 

3. Vantage App 

The Vantage App offers mobile access to 400+ tradable instruments, including forex, CFDs on commodities, indices, and shares. You can open an account, and manage your funds by making deposits and withdrawals, customised watchlists, alerts, social trading and more, providing traders with a feature-packed trading platform through the Vantage app. 

Equipped with features such as order management, customised watchlists, alerts, social trading and more, the Vantage App provides an enhanced trading experience. Before opening a live trading account, traders may try out a demo account via the Vantage App. With Vantage, global markets are now accessible at your fingertips. Traders can access the Vantage App by signing up for a Vantage Demo or Live account and downloading the app from the App Store (iOS) or PlayStore (Android).

Here’s what the Vantage App looks like on the Google Play Store. 

vantage-app-google-playstore
vantage-app-apple-appstore

How to get the Vantage App? 

1. Sign up for a Vantage Demo or Live account 

2. Download the Vantage App on the App Store (IOS) or PlayStore (Android) 

3. Log in to the Vantage App  

Learn more about the Vantage App 

With these alternatives, traders need not be affected by the removal of MT4 and MT5 from the App Store. By signing up for a Vantage Demo or Live account, traders can access a range of advanced trading tools, trading systems, and investment strategies. Additionally, the social trading networks and copy trading features allow traders to learn from other traders and improve their trading performance. With Vantage Markets, traders can continue to trade forex and CFDs without interruption.

Reference

  1. Farivar, C. (2022, September 26). Apple Removes A Trading App Linked To Crypto Scams From The App Store. Forbes . https://www.forbes.com/sites/cyrusfarivar/2022/09/26/apple-removes-metatrader-crypto-pig-butchering-scams/?sh=461886ec2e31 . Accessed date 4 October 2022.
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