Metaquotes warns and sues providers that hack its protocols
Metaquotes is already going after several providers who it believes hacked its protocols and now it issued an official statement
Metaquotes is already going after several providers who it believes hacked its protocols and now it issued an official statement to its clients that it will soon stop supporting the hacked protocols. Metaquotes is doing that because “our technologies are unlawfully used by some third-party developers who directly hack network protocols between MetaTrader 4 Server and client terminals in order to sell their solutions.”
Metaquotes is trying to patch these loopholes but it’s possible that those providers that hack these protocols will always find another way, but time will tell.
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In any case, Metaquotes is suing at least one major provider and a court hearing has been scheduled in about two weeks in Cyprus. We are yet to obtain the official confirmation or the legal documents of the case.
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Good move… especially if they’re going after mobile forex, their apps are AWFUL
after the EA boom they are scared of the EA bust, too many bad systems for sale over the years have put people off . Over-hyped and overmarketed Ea’s will not be missed.
Now all good strategies are on share and mirror platforms, Mt losing the cake share.
Every dog has its day.
Hackers will always find a way to hack.
checkout Apple and Jailbreak community.
the only way to fight it is to join it.
MT should allow connect to their server with license fee model and gain:
1. dramatic expansion of their solution over the community
2. more revenues
they are ignorant and not listen but eventually will understand that hard way.
Unlike some other mobile trading tools and platforms, Forex On The Go’s technology does not utilize any network protocol hacks to provide client trading through MetaTrader 4. To stop the use of network protocol hacks MetaQuotes has released an updated client terminal and announced that starting June 1st, 2012 builds lower than 416 will not be supported. The Forex On The Go technology has already been verified to be compatible with the latest build, and because it uses only standard methods, it will continue to function as normal. In 2009 Forex On The Go developed the first Forex trading platform… Read more »
“they are ignorant and not listen but eventually will understand that hard way.”
So bether way is to trading with ea on bad mt4? Every build have some faken bugs..
So it’s nautural.. What is problem to offer full api?Especialy if brokers talking about ECN on MT4 😀 no problem for MM.. but yeaa.. they like control and cheat traders..
We will see 😀
Soo they don’t do this ? 😀
You asking like you hear first time.. and you write about FXCM issue etc.. about BTech.. and thyy made many plugins for chaeting.. write to me @ I can write you some special REAL FOREX TALKS ABOUT TRUE IT ENV. BY MQ 😀 and market practice by MM,DD. This artcile can be hot stuff hehe.. find movie by hesus jesus meta trader admin/manger dingdong movie.. here is you MM and waitng to cheat some trader.. 😀
@Joe – not really, its the amount of accounts that were profitable for the quarter. Any bias would show up in only looking at stats of accounts that were open for over a year. In actuality, you can say that over two quarters, if we aren’t talking about the same 35%, then the overall success rate will be lower (which it probably is)
@Joe – not really, its the amount of accounts that were profitable for the quarter. Any bias would show up in only looking at stats of accounts that were open for over a year. In actuality, you can say that over two quarters, if we aren’t talking about the same 35%, then the overall success rate will be lower (which it probably is)
Mt4 and Metaquotes should already have been out of business. I find it pathetic to see the absolute stupidity of people thinking that MQL and EAs can actually produce something of quality. What? Didn’t you know that professional quants wouldn’t touch, let alone get near MT4 or 5? If it were of such high quality, then why does the professional community not use MT4/5? Exactly. So why do retail traders insist on using it instead of educating themselves and improving their skill set so they can actually graduate to the pro level, at least as far as the tools of… Read more »