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I've been hearing bits and pieces from different sources. Forex Magnates has done an excellent job pulling things together, so I'm going to give a quick summary and links to some of their articles. I'll also include some items I've come across.
In April, MetaQuotes cracked down on brokers including 3rd party add-ons as part of the MT4 installation files sent to customers. The MT4i add-on provided a number of functions for MT4, including OCO, one click ordering and more. MetaQuotes seems to want to keep a very tight leash on what can be bundled into an MT installation.
One weekend in May, most the FPA's Performance Tests stopped updating over the weekend. This coincided with 2 things. First, there was a report that a new update of MT4 had required some users to change their IP to reconnect. For those using a dedicated IP at home or on a VPS, this could prove to be inconvenient. Second, there are rumors of a blacklist of IPs that MetaQuotes had downloaded into broker MT4 backends.
The FPA has taken steps to keep Performance Testing up and running.
MyFxBook reported that many VPS systems and other MT4 stats sharing services were having disconnections or were completely blocked.
Forex Magnates reports that MetaQuotes blocked IPs from ZuluTrade, Tradency, Tradeo and MyFxBook. Here is a part of what MetaQuote's is reported to have send to brokers...
Tradency is shifting to work with brokers using non-MQ platforms.
ZuluTrade denies any hacking and said it was fully compliant, using only legitimate and documented methods to connect. ZuluTrade is also planning to change to non-MQ platforms.
Some brokers are backing MetaQuotes, some are planning to do away with MT4 and MT5. Others have remained silent. I have noticed recently that an increasing number of brokers have been hedging their bets. They are offering at least one other platform in addition to MetaTrader.
The FPA welcomes opinions by traders and companies on this issue.
A few references for more reading...
Platform Pandemic - As MetaQuotes Restrictions Takes Shape | Forex Magnates
Is MetaQuotes Blocking Myfxbook? | Forex Magnates
Important - Auto Update Issue Discussion | Myfxbook
MetaQuotes Warns Brokers About Working with Tradency, Tradeo, Myfxbook & ZuluTrade | Forex Magnates
The MetaQuotes Fall-Out: Tradency Ceases Relationship with Platform Provider Following Allegations of Hacking Via Third Party Software | Forex Magnates
MetaQuotes vs Third Party Signal Providers: ZuluTrade Speaks Out | Forex Magnates
MetaQuotes Puts The Copy Trading Cat Among The Pigeons - Let The Debate Commence | Forex Magnates
In April, MetaQuotes cracked down on brokers including 3rd party add-ons as part of the MT4 installation files sent to customers. The MT4i add-on provided a number of functions for MT4, including OCO, one click ordering and more. MetaQuotes seems to want to keep a very tight leash on what can be bundled into an MT installation.
One weekend in May, most the FPA's Performance Tests stopped updating over the weekend. This coincided with 2 things. First, there was a report that a new update of MT4 had required some users to change their IP to reconnect. For those using a dedicated IP at home or on a VPS, this could prove to be inconvenient. Second, there are rumors of a blacklist of IPs that MetaQuotes had downloaded into broker MT4 backends.
The FPA has taken steps to keep Performance Testing up and running.
MyFxBook reported that many VPS systems and other MT4 stats sharing services were having disconnections or were completely blocked.
Forex Magnates reports that MetaQuotes blocked IPs from ZuluTrade, Tradency, Tradeo and MyFxBook. Here is a part of what MetaQuote's is reported to have send to brokers...
"Unfortunately, some third-party developers have hacked MetaTrader 4 trading platform’s network protocols violating end user license agreements and terms of contracts with brokerage companies.
As a part of our active efforts to improve MetaTrader 4 system, we are starting to upgrade the network protocols and block all services based on the hacked versions.
We urge you to cease any cooperation with ZuluTrade, Tradency, Tradeo, Myfxbook and other companies that use the hacked protocols violating our rights."
Tradency is shifting to work with brokers using non-MQ platforms.
ZuluTrade denies any hacking and said it was fully compliant, using only legitimate and documented methods to connect. ZuluTrade is also planning to change to non-MQ platforms.
Some brokers are backing MetaQuotes, some are planning to do away with MT4 and MT5. Others have remained silent. I have noticed recently that an increasing number of brokers have been hedging their bets. They are offering at least one other platform in addition to MetaTrader.
The FPA welcomes opinions by traders and companies on this issue.
A few references for more reading...
Platform Pandemic - As MetaQuotes Restrictions Takes Shape | Forex Magnates
Is MetaQuotes Blocking Myfxbook? | Forex Magnates
Important - Auto Update Issue Discussion | Myfxbook
MetaQuotes Warns Brokers About Working with Tradency, Tradeo, Myfxbook & ZuluTrade | Forex Magnates
The MetaQuotes Fall-Out: Tradency Ceases Relationship with Platform Provider Following Allegations of Hacking Via Third Party Software | Forex Magnates
MetaQuotes vs Third Party Signal Providers: ZuluTrade Speaks Out | Forex Magnates
MetaQuotes Puts The Copy Trading Cat Among The Pigeons - Let The Debate Commence | Forex Magnates