Will sanctions hit MetaQuotes and traders using MT4, MT5? | Forex Factory

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Will sanctions hit MetaQuotes and traders using MT4, MT5?

  • #1
  • First Post: Mar 2, 2022 12:36am Mar 2, 2022 12:36am
Hi

Thinking if metaquotes income stream will stop, If I remember well metaquotes is russian company ?. I have seen some of they legal documents, they have "office" in Bahamas, so do they use these offshore facilities for running all they business bank transactions for broker fees and MQL5 "Shop"
  • #2
  • Mar 2, 2022 11:07am Mar 2, 2022 11:07am
https://www.metaquotes.net/en/legal
  • #3
  • Mar 2, 2022 12:28pm Mar 2, 2022 12:28pm
Quoting Isabella_D
https://www.metaquotes.net/en/legal
I know that page , rospatent is russian patent office, which is funny because they have never respect copyrights etc...
  • #4
  • Mar 2, 2022 1:44pm Mar 2, 2022 1:44pm
Quoting kk100
Hi Thinking if metaquotes income stream will stop, If I remember well metaquotes is russian company ?. I have seen some of they legal documents, they have "office" in Bahamas, so do they use these offshore facilities for running all they business bank transactions for broker fees and MQL5 "Shop"
If their headquarters is in Bahamas and accounts at some offshore bank then I'm sure they will be fine.
Risk Management is of utmost importance!
  • #5
  • Mar 2, 2022 2:26pm Mar 2, 2022 2:26pm
probably not since most of these mt4 licensees get their quotes from a liquidity provider via a custom bridge they can either buy for a lot of money or custom write their own

i remember when the mt4 currenex/mt4 bridge was all the rage because it was supposed to connect to multiple bank quote for a starting price of 250k just for the bridge itself or something like that
  • #6
  • Mar 3, 2022 6:48am Mar 3, 2022 6:48am
Quoting hazelj80
probably not since most of these mt4 licensees get their quotes from a liquidity provider via a custom bridge they can either buy for a lot of money or custom write their own i remember when the mt4 currenex/mt4 bridge was all the rage because it was supposed to connect to multiple bank quote for a starting price of 250k just for the bridge itself or something like that
its not about quotes or where brokers receive those, but can brokers pay license and support fees to metaquotes.
  • #7
  • Mar 3, 2022 9:06am Mar 3, 2022 9:06am
Quoting kk100
{quote} its not about quotes or where brokers receive those, but can brokers pay license and support fees to metaquotes.
Unless you hear about people's mt4/mt5 not working, im gonna say no to that also.
  • #8
  • Last Post: Mar 4, 2022 2:52am Mar 4, 2022 2:52am
Over time Meta Quotes may have a problem, but currently all seems fine. There's always Trading View of course that a lot of brokers subscribe to, I can only assume that TV will grow now faster than they thought as people begin to dump Russian sourced companies and organisations. But,for now, I'm so used to MT4 and its idiosyncrasies that I'm sticking with it
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