matfx

Russian fintech company MetaQuotes no longer intends to issue upgrades to the MetaTrader 4 (MT4) as it is focusing entirely on its successor MetaTrader 5 (MT5), investment news provider Finance Magnates reported on Tuesday, citing Anthony Papaevagorou, head of sales at MetaQuotes, as saying at the Finance Magnates London Summit.

“We do not expect to see any developments to come out of MT4 ever again. Given this, MT4 is slowly dying out,” Papaevagorou said as quoted by the media. “MT5 was previously struggling to keep up with MT4 and our other offerings, our problem is that we are victims of our own success,” he added.

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