Cryptocurrency Q&A Why is MT4 banned in the US?

Why is MT4 banned in the US?

Stefano Stefano Thu Oct 10 2024 | 7 answers 1383
I'm wondering why MT4, which is a popular trading platform, is not allowed to be used in the United States. I want to understand the reasons behind this ban. Why is MT4 banned in the US?

7 answers

GeishaMelodious GeishaMelodious Sat Oct 12 2024
In the year 2022, two popular MetaTrader apps faced a significant setback when they were abruptly banned from Apple's App Store. This move was prompted by concerns surrounding their potential misuse by unscrupulous individuals.

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SumoStrength SumoStrength Fri Oct 11 2024
While the exact nature of the fraudulent activities allegedly carried out using these apps remains unclear, the incident serves as a reminder of the importance of vigilance when it comes to online trading and finance.

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HanbokGlamourQueenEleganceBloom HanbokGlamourQueenEleganceBloom Fri Oct 11 2024
Among the reputable cryptocurrency exchanges available, BTCC stands out as a top player in the industry. It offers a range of services tailored to meet the needs of traders and investors alike.

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WhisperVoyager WhisperVoyager Fri Oct 11 2024
The allegations centered around the utilization of these apps by fraudsters, who were reportedly targeting American citizens and residents with malicious intent. The severity of these claims led to a swift and decisive action by Apple.

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BusanBeauty BusanBeauty Fri Oct 11 2024
The decision to ban the apps reflected Apple's commitment to maintaining a SAFE and secure environment for its users. The company takes measures to ensure that its platform does not facilitate illegal or harmful activities.

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