Good, this is the conclusion of retail Currency Market.
Started with the scam MT3 which spawned an whole sector of scammers and cheaters built around metaquote's retail forex dream machine
countless millions lost through the past few years in order to built the forex casinos...
I believe they just won't be writing new licenses and new brokers can not buy an MT4 server.Originally Posted by ;
Brokers that currently have MT4 setup should still be able to use it I see the actual phase out from MT4 starting in the forthcoming months. Metaquotes will be attempting to force everyone on MT5.
Which broker are you using right now? What infrastructural updates have they done?
Cheers,
Piplife
Really brokers are not troublesome for usage MT5. I made a bridge to be used MT4 accounts with MT5 tools. Really is not intrie task and you've got best of 2 worlds. Anyhow change will be gradual then individuals Have Sufficient time to take the new reality
No problem so long as they provide the line-chart, the candlestick-chart, and also a simple moving average...
Their migration egy will not succeed and they will have to change their mind. They are crazy, it's something similar to MS forcing businesses rewrite all of their corporate Excel documents and templates every time new version of Excel softwares (Office 2013, Office 2017, Office 360,...) emerge. (Really, mt5 is not sequel of mt4. They are totally different products.) I hope some good U.S or European company buyouts Metaquotes before it goes out of business. Anyway, this is a great news for cTrader and NinjaTrader.
See this as a new business opportunity for trading appliions programmers to supply a bridge for MT4 users to additional trading platforms.Originally Posted by ;
If there's chaos there will also be opportunities.