Platform Pandemic As MetaQuotes Restrictions Take Shape
Friday,12/04/2013|15:07GMTby
Adil Siddiqui
News of the recent MetaQuotes announcement that 3rd party developer MT4i was discarded from operating its ‘interface add-on’ is giving brokers a run for their money. Several large brokers welcomed the new interface that they gave the MT4 platform a much need face lift. In light of the changes, FX & CFD brokers such as Vantage FX, IBFX & Tradenext have all sent notices to their clients informing them of the recent outbreak that will bring changes to their version of the platform.
If the Cypriot bailout, currency wars and overall economic doom and gloom isn't enough, traders using the modified version of MT4 have been told that they can no longer use the add-on. Tradenext a UK based broker distributed a new installer that was 3rd party plugin free on Monday the 8th, IBFX and Vantage have both sent out notices to their clients of their new installer which will go live on Sunday 14th and Monday 15th of April.
In their notification IBFX states: “Dear IBFX Customer, We are writing to inform you of changes to our MT4 platform that you may soon experience. These changes are the result of actions taken by MetaQuotes, the owner and creator of the MT4 platform.”
MetaQuotes recently made an announcement warning third party developers about mis-using their platform. Jannick Malling CEO of Tradable spoke about the change, he says “They're (MetaQuotes) making some decisions on how to run and optimize the business I guess. It's a matter of what you believe in - whether to do things in-house or partner with others. And doing it in-house of course puts pressure on you to do it better than everyone else - especially as more brokers look to differentiate their product offering.”
The MT4i installer gave a range of enhanced functionality including: OCO Orders, Automated Closes, Trailing Stops and advanced alerts, in addition traders could have multiple positions that they could close out using the 1 click.
Rahat Mansoor, an experienced trader from London was intrigued by the multiple position close out feature, he says “this functionality had added value for me as I usually hold more than 50 open positions, most of my trades are correlated so directional swings impact trades in blocks.”
IBFX was the first broker to launch the advanced functionality in 2011. The platform received positive feedback from traders, particularly high frequency traders and those who use short-term scalping strategies.
MetaQuotes’ domination in the world of trading platforms may have some cause for concern, Tradable; the first open Trading Platform went live in February 2013. The new platform gives 3rd party developers an ‘open’ platform in which to develop and distribute their creativity. Tradable gives programmers and developers the opportunity to market their products to users of the platform, in the same form of an apps store.
As an "app-based platform" we of course have a fundamentally different philosophy - as we work close with 3rd party developers helping them build awesome apps on tradable. We believe in an open development model because we think there are people out there better at certain things than we are - so it makes sense for us to allow others the freedom to integrate and extend the functionality set of tradable,"adds Jannick.
Vantage FX launched Binary Options via their MT4 platform interface, the form highlight the success of binary options and its plan to add new servers to accommodate the growth. In their notification to clients about the withdrawal of the MT4i interface Vantage FX stated “Binary Options trading also will no longer be accessible from within the MT4 interface.”
The changes could open the market for other platform providers, Denis Borisovsky, CEO of PFSOFT says “in ProTrader platform we provide many professional tools for advanced traders included already, additionally we provide many APIs for platform extension and differentiation.”
MetaQuotes' move has come under a lot of criticism from professionals in the FX markets, however practices which restrict customisation and modification by third party providers is common in information technology. Krupal Majmudar CEO, Red Paladin, a provider of Forex VPS products and services says” The recent notice to remove 3rd party software from MT4 by MetaQuotes is very similar to Apple or Microsoft stance on their products. They each have to walk a very thin line between making sure that their products are usable with functionality and feature sets that are needed and appreciated by their user base while insuring that they are not being modified in a way that is contrary to their business strategy. It is a very grey area to operate in.”
Several 3rd party developers have been working on the MT4 platform since its inception, with the rise of EA trading the infamous bridge providers have become an important component in the FX trade life-cycle. It will be interesting to see how users adapt their trading behaviour with the reduction of the tolls they have sued to take full advantage of the trading terminal.
News of the recent MetaQuotes announcement that 3rd party developer MT4i was discarded from operating its ‘interface add-on’ is giving brokers a run for their money. Several large brokers welcomed the new interface that they gave the MT4 platform a much need face lift. In light of the changes, FX & CFD brokers such as Vantage FX, IBFX & Tradenext have all sent notices to their clients informing them of the recent outbreak that will bring changes to their version of the platform.
If the Cypriot bailout, currency wars and overall economic doom and gloom isn't enough, traders using the modified version of MT4 have been told that they can no longer use the add-on. Tradenext a UK based broker distributed a new installer that was 3rd party plugin free on Monday the 8th, IBFX and Vantage have both sent out notices to their clients of their new installer which will go live on Sunday 14th and Monday 15th of April.
In their notification IBFX states: “Dear IBFX Customer, We are writing to inform you of changes to our MT4 platform that you may soon experience. These changes are the result of actions taken by MetaQuotes, the owner and creator of the MT4 platform.”
MetaQuotes recently made an announcement warning third party developers about mis-using their platform. Jannick Malling CEO of Tradable spoke about the change, he says “They're (MetaQuotes) making some decisions on how to run and optimize the business I guess. It's a matter of what you believe in - whether to do things in-house or partner with others. And doing it in-house of course puts pressure on you to do it better than everyone else - especially as more brokers look to differentiate their product offering.”
The MT4i installer gave a range of enhanced functionality including: OCO Orders, Automated Closes, Trailing Stops and advanced alerts, in addition traders could have multiple positions that they could close out using the 1 click.
Rahat Mansoor, an experienced trader from London was intrigued by the multiple position close out feature, he says “this functionality had added value for me as I usually hold more than 50 open positions, most of my trades are correlated so directional swings impact trades in blocks.”
IBFX was the first broker to launch the advanced functionality in 2011. The platform received positive feedback from traders, particularly high frequency traders and those who use short-term scalping strategies.
MetaQuotes’ domination in the world of trading platforms may have some cause for concern, Tradable; the first open Trading Platform went live in February 2013. The new platform gives 3rd party developers an ‘open’ platform in which to develop and distribute their creativity. Tradable gives programmers and developers the opportunity to market their products to users of the platform, in the same form of an apps store.
As an "app-based platform" we of course have a fundamentally different philosophy - as we work close with 3rd party developers helping them build awesome apps on tradable. We believe in an open development model because we think there are people out there better at certain things than we are - so it makes sense for us to allow others the freedom to integrate and extend the functionality set of tradable,"adds Jannick.
Vantage FX launched Binary Options via their MT4 platform interface, the form highlight the success of binary options and its plan to add new servers to accommodate the growth. In their notification to clients about the withdrawal of the MT4i interface Vantage FX stated “Binary Options trading also will no longer be accessible from within the MT4 interface.”
The changes could open the market for other platform providers, Denis Borisovsky, CEO of PFSOFT says “in ProTrader platform we provide many professional tools for advanced traders included already, additionally we provide many APIs for platform extension and differentiation.”
MetaQuotes' move has come under a lot of criticism from professionals in the FX markets, however practices which restrict customisation and modification by third party providers is common in information technology. Krupal Majmudar CEO, Red Paladin, a provider of Forex VPS products and services says” The recent notice to remove 3rd party software from MT4 by MetaQuotes is very similar to Apple or Microsoft stance on their products. They each have to walk a very thin line between making sure that their products are usable with functionality and feature sets that are needed and appreciated by their user base while insuring that they are not being modified in a way that is contrary to their business strategy. It is a very grey area to operate in.”
Several 3rd party developers have been working on the MT4 platform since its inception, with the rise of EA trading the infamous bridge providers have become an important component in the FX trade life-cycle. It will be interesting to see how users adapt their trading behaviour with the reduction of the tolls they have sued to take full advantage of the trading terminal.
CFD Broker RA Prime Joins Financial Commission for Dispute Resolution Support
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
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🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
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Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Educators, IBs, And Other Regional Growth Drivers
Educators, IBs, And Other Regional Growth Drivers
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
The Leap to Everything App: Are Brokers There Yet?
The Leap to Everything App: Are Brokers There Yet?
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Mind The Gap: Can Retail Investors Save the UK Stock Market?
Mind The Gap: Can Retail Investors Save the UK Stock Market?
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
