The recent ban on MetaQuotes caused problems for online financial traders. Without MetaQuotes, traders will have to find another way to place orders and track their portfolios. It can cause more technical problems as well as losing money for individual traders.
But on the other hand, members of MetaQuotes can move their finances and portfolio to another online financial trading software if they feel they are not making the profit they want or need. This way, they can keep their money and hopefully make more off of it in the long run.
There are a few potential reasons why people might not be able to use MetaQuotes trading apps on the app store. One possibility is that the apps have been removed from the app store by MetaQuotes. Another possibility is that people’s devices are not compatible with the apps or they do not have enough storage space to accommodate them. Finally, it could be that people simply do not know how to find or use the apps anymore.
In this article, we will talk more about the most suitable alternatives for those who need to substitute their trading platforms.
Which Are Other Platforms That Can Substitute MetaQuotes Apps?
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Those who were iOS device users and have no longer access to MetaQuotes trading apps have two main solutions. The first one is to change the online trading software and use MT4 or MT5 platforms to continue trading or just use other apps which are similar to MetaQuotes apps. Here we will introduce specific alternatives for both occasions.
Start from the changing software. If you are a big fan of MetaQuotes apps, and you do not want to substitute them, then you can visit the Myfxchoice platform, where you can simply install both platforms. Whether you want MT4 exe download as well as MT5.
So this makes Myfxchoice a good option for those who can no longer use Metaquotes on the App Store. Myfxchoice offers many of the same features as Metaquotes, including a wide range of Forex pairs, tight spreads, and fast execution speeds. In addition, Myfxchoice has a user-friendly interface and provides customer support 24/7.
Myfxchoice is a great choice for both beginner and advanced traders because of its many competitive advantages. For starters, Myfxchoice offers a variety of account types to choose from, each with its own set of benefits. For example, the ECN account offers low spreads and fast execution speeds, while the Standard account is perfect for those who want to trade with fixed spreads. Myfxchoice also has a wide range of deposit and withdrawal methods available, as well as excellent customer support.
If you are okay to try other apps for trading and make your experience more diverse we can suggest the following:
Plus500
Plus500 is a good app to use for financial trading no matter if you are a beginner or advanced in financial markets because it is easy to use and has a user-friendly interface. To get used to a new system, you can use their demo account mode too. Important to note that the app is fully licensed by FCA which guarantees the maximum safety of your finances and assets.
There are a few reasons why Plus500 is a good choice for trading over MT4 or MT5 apps. First, Plus500 offers commission-free trading on all assets, so you can trade without incurring any additional fees. Second, Plus500 provides tight spreads on all assets, so you can trade with confidence knowing that you’re getting the best possible price.
eToro
The eToro financial trading app is a good option for those who face lack experience in online fx trading because it provides access to extensive market research, analysis tools, and educational resources. In addition, the app allows users to copy the trades of more experienced traders which can help beginners learn and improve their own trading strategies over time.
There are a few reasons why eToro is a better option than MetaQuotes. For one, eToro offers more features and tools for traders to use.MetaQuotes also has a much higher minimum deposit requirement, which can be off-putting for some investors. Overall, eToro provides a more user-friendly experience and is better suited for those looking to get into Forex trading.
AvaTrade
There are many benefits to starting online trading on AvaTrade. For advanced traders, some of the main benefits include access to a wide range of markets, tight spreads, and fast execution speeds. With AvaTrade you can trade Forex, stocks, commodities, indices, and more.
There are a few reasons why trading on the AvaTrade app is more suitable for Apple device users than trading on the MetaQuotes app. Firstly, the AvaTrade app is specifically designed for Apple devices, whereas the MetaQuotes app is not.
This means that the AvaTrade app will be more user-friendly and intuitive for Apple device users. Secondly, the AvaTrade app offers a wider range of features and functions than the MetaQuotes app, which may be more suited to experienced or advanced traders. Finally, Avatradeapp offers customer support specifically for apple device users, whereas Metaquotes doesn’t.