Please read the link below and explain if this is true or not. If it is true then what does it mean to the traders who are using MeatTrader 4?
Bye bye MetaTrader 4! MONEX Group formally announces phase-out
So, the bottom line is we will not lose MetaTrader4?
- I sure hope so that you are right. Since the news implied the whole MetaTrader4 will stop.
- I sure hope so that you are right. Since the news implied the whole MetaTrader4 will stop.
Well, have you read some of the links? They were replacing MT4 by TradeStation! It is not - imho - because they don't like the recent updates.
It is interesting to have a look at the web-pages of TradeStation!
This Plattform is free for the broker but costs 250 per Month for the clients, Mt4 is expensive for the broker but doesn't cost us a dime!
Well, have you read some of the links? They were replacing MT4 by TradeStation!
Monex own Tradestation and IBFX. They have basically shut down IBFX, and now only offer Tradestation rather than an MT4-based service. In Japan, Monex themselves are going to be focussing on a different platform.
MT4 does "cost you a dime". You pay the broker through spreads or commission, and the broker pays MetaQuotes. MT4 is only a free platform if you have a demo account; real accounts cross-subsidise demo accounts. Brokers have to pay for demo MT4 Servers, and that money has to come from somewhere.
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Bye bye MetaTrader 4! MONEX Group formally announces phase-out
Please read the link below and explain if this is true or not. If it is true then what does it mean to the traders who are using MeatTrader 4?
http://leaprate.com/2014/10/bye-bye-metatrader-4-monex-group-formally-announces-phase-out/
TIA