MT5 IS BACK! Now Available on Play Store in India

MetaTrader 5 (MT5), one of the world's leading trading platforms, has officially made its return to the Google Play Store in India. Traders in the country can now download the app from the Play Store to access a wide range of financial markets, including forex, stocks, commodities, and cryptocurrencies, which were previously unavailable.

In February 2024, the Indian government removed Meta Trader apps MT4 and MT5 from the Google Play store. The government has not revealed the actual reason for it. An Indian YouTuber shared a video on its channel revealing that MT4 and MT5 had been deleted from the Play Store. This was not the first time Indian traders encountered this issue; in 2022, India also banned MT4 and MT5. The traders were using the broker's trading platform or alternatives like Ctrader, Ninjatrader, TradeStation, etc. when MT 4 & 5 were banned. However, it has returned.

MT4 is still banned

However, you must be aware that MetaTrader 4 is no longer available on the Play Store in India. MetaQuotes is actively promoting the MT5 trading platform as MT5 is more technologically advanced.

About MetaTrader 5

MetaTrader 5 offers advanced financial trading functions, as well as superior tools for technical and fundamental analysis. MetaTrader 5 can also trade automatically by using trading robots and trading signals. The MetaTrader 5 trading system offers an advanced Market Depth feature (with a tick chart and Time & Sales information), a separate accounting of orders and trades, the support of all types of trading orders and execution modes. Two order accounting modes are provided in the platform: the netting mode is adopted on exchange markets, while the hedging method can be used for Forex trading. With the One Click Trading function and the Market Depth option, users can buy and sell currency pairs, equities and futures with just one click. The Stop Loss and Take Profit options are designed to help secure profits and minimize losses.

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