3rd Party Developer Gets Red Card as MetaQuotes Re-Acts
Saturday,06/04/2013|11:13GMTby
Adil Siddiqui
MetaQuotes, the technology developer behind the popular Metatrader 4 platform has started its 'clean up' of third party developers who attribute their systems and software on the platform. MetaQuotes first started their hit list with a mobile platform developer who re-engineered their code, the Cyprus based technology firm recently made a critical announcementwarning other 3rd party developers to refrain from mis-using their code.
Mt4i a leading analysis and intelligence portal where traders can publish their trading statements developed a new and improved interface that sits on top of the traditional MT4 platform, the new interface was built as an EA and had numerous functionality such as a 1 click to close all winning or losing trades as well as an order ticket on individual charts.
The add-on was launched by leading brokers including two UK based giants.
In an announcement on their Support Portal, MetaQuotes has blocked MT4i's interface add-on to operate.
MetaQuotes statement below:
Last month we warned that modification of distribution packages, implementation of third-party applications, as well as decreasing security level by unconditional activation of DLL calls are forbidden:
Unfortunately, some brokers and third-party developers do not pay attention to MetaQuotes Software Corp. license agreements implementing third-party components to the terminals and modifying distribution packages.
Therefore, we have to raise this issue and recall several conditions:
paragraph 2.3 of the license agreement for MetaTrader 4 and MetaTrader 5 client terminals
No Modifications: You will not undertake, cause, permit or authorize the modification, translation into other languages, creation of derivative works, reverse engineering, decompiling, disassembling or hacking of the MetaQuotes' Software or any part thereof. You will also not create other software based on the MetaQuotes' software.
subparagraph of the "Rights and Obligations of the Parties" section related to the Licensee of the license agreement for MetaTrader 4 and MetaTrader 5 trading platforms
Not adapt, reproduce, enhance, translate, reverse engineer, decompile, disassemble or otherwise modify or engage in any other similar manipulation of the System or any portion thereof without the Licensor’s express prior written approval.
We strongly oppose the inclusion of any DLL/EXE files in the client terminals, forced activation of DLL calls with changes in the program's default settings, as well as modifying distribution packages.
We earnestly ask all our clients to withdraw from using modifications. Only conventional distributions are allowed for use.
Below you can see an example of such unauthorized modification:
We strongly urge anyone using these or similar modifications to return to the conventional unmodified installation files till April 15, 2013.
All such modifications are forbidden and will be blocked in the terminals. We also do not allow MT4i LLP to use our trademarks and sell any applications relating to MetaTrader platforms.
The MetaQuotes monopoly is set to dominate the decade old MT4 platform and the skill and talent 3rd party developers bring to the trading environment is strong sign of innovation still prominent in financial markets.
MetaQuotes, the technology developer behind the popular Metatrader 4 platform has started its 'clean up' of third party developers who attribute their systems and software on the platform. MetaQuotes first started their hit list with a mobile platform developer who re-engineered their code, the Cyprus based technology firm recently made a critical announcementwarning other 3rd party developers to refrain from mis-using their code.
Mt4i a leading analysis and intelligence portal where traders can publish their trading statements developed a new and improved interface that sits on top of the traditional MT4 platform, the new interface was built as an EA and had numerous functionality such as a 1 click to close all winning or losing trades as well as an order ticket on individual charts.
The add-on was launched by leading brokers including two UK based giants.
In an announcement on their Support Portal, MetaQuotes has blocked MT4i's interface add-on to operate.
MetaQuotes statement below:
Last month we warned that modification of distribution packages, implementation of third-party applications, as well as decreasing security level by unconditional activation of DLL calls are forbidden:
Unfortunately, some brokers and third-party developers do not pay attention to MetaQuotes Software Corp. license agreements implementing third-party components to the terminals and modifying distribution packages.
Therefore, we have to raise this issue and recall several conditions:
paragraph 2.3 of the license agreement for MetaTrader 4 and MetaTrader 5 client terminals
No Modifications: You will not undertake, cause, permit or authorize the modification, translation into other languages, creation of derivative works, reverse engineering, decompiling, disassembling or hacking of the MetaQuotes' Software or any part thereof. You will also not create other software based on the MetaQuotes' software.
subparagraph of the "Rights and Obligations of the Parties" section related to the Licensee of the license agreement for MetaTrader 4 and MetaTrader 5 trading platforms
Not adapt, reproduce, enhance, translate, reverse engineer, decompile, disassemble or otherwise modify or engage in any other similar manipulation of the System or any portion thereof without the Licensor’s express prior written approval.
We strongly oppose the inclusion of any DLL/EXE files in the client terminals, forced activation of DLL calls with changes in the program's default settings, as well as modifying distribution packages.
We earnestly ask all our clients to withdraw from using modifications. Only conventional distributions are allowed for use.
Below you can see an example of such unauthorized modification:
We strongly urge anyone using these or similar modifications to return to the conventional unmodified installation files till April 15, 2013.
All such modifications are forbidden and will be blocked in the terminals. We also do not allow MT4i LLP to use our trademarks and sell any applications relating to MetaTrader platforms.
The MetaQuotes monopoly is set to dominate the decade old MT4 platform and the skill and talent 3rd party developers bring to the trading environment is strong sign of innovation still prominent in financial markets.
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We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
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We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
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We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
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🔹In this wide-ranging discussion, Elina shares insights on:
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🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
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🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
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You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
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Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates