Mainland Chinese FX traders are facing widespread disruptions this month when attempting to connect to MetaTrader 4 and MetaTrader 5 broker servers. This raises the question: is MetaQuotes experiencing technical issues in the country, or is this the result of a potential crackdown by local authorities on foreign leveraged trading platforms?
Chinese Traders Unable to See MetaTrader Servers
The restrictions, which began affecting users in the second half of the month, have left traders scrambling for solutions as they find themselves unable to locate broker servers through the popular MT4 and MT5 mobile trading apps. Social media posts from affected users describe a sudden inability to connect to previously accessible trading accounts.
“The most puzzling thing that everyone has encountered in the past few days is that MT4/MT5 can't find the broker's server all of a sudden,” wrote @zebrahelps on social media platform X, formerly Twitter. The user noted that platform staff remained available and no broker withdrawals had been announced, ruling out potential technical issues or business closures.
Widespread Reports Across Chinese Platforms
Chinese social platforms echoed the same story. On Douyin (TikTok) and Weibo, traders have posted videos and screenshots showing MT4/MT5 apps on mobile and PC returning errors such as “company request failed” and listing no servers. Recent Douyin clips state “MetaQuotes infrastructure in mainland China has connectivity issues – Chinese users cannot search any MT4/MT5 platform, and connections show a 'request failed' error.”
The consensus from multiple user tweets and Weibo messages is that nearly every broker's MT4/MT5 server is unreachable from inside China. By contrast, no obvious thread was found on X outside China – traders there only note that MT4 often requires a VPN to work from the country.
Workaround Solutions Emerge
The situation is particularly interesting because one China-based broker contacted by FinanceMagnates.com reported no issues on their end. However, Hong Kong-based brokerage GFM confirmed the issue and advised affected clients to use the desktop version of MetaTrader 5. The firm also provided specific IP addresses to help bypass the connectivity problems.
Traders have also discovered that virtual private network services can restore access to the platforms. “First download and install VPN tools, purchase VPN accounts, switch to other country networks, then reopen MT4 and search for MT4 server names when logging in again,” suggested @zebrahelps sharing workaround methods.
The same user noted that once a successful connection is established, MetaTrader applications remember the server settings, allowing users to maintain login status without requiring constant VPN usage.
Broader Regulatory Context
The access restrictions align with China's longstanding opposition to unauthorized overseas FX trading. Chinese authorities have repeatedly warned residents against participating in foreign exchange margin trading abroad, citing high loss rates and regulatory gaps.
This latest development follows a pattern of increasing restrictions on international trading platforms. The current potential IP-based blocking represents a more comprehensive approach, targeting the platforms' core connectivity rather than specific communication protocols. Users in Hong Kong continue to access MetaTrader platforms normally, highlighting the mainland-specific nature of the restrictions.