Prop Agency FTMO Restores MetaTrader Cellular, however Not for All

Prop Agency FTMO Restores MetaTrader Cellular, however Not for All

by Jeremy

After just a few
days of surprising downtime, the cellular servers of the MetaTrader app supplied
by the prop agency FTMO are again on-line, following the profitable decision of a
“short-term subject.”

In the meantime,
discussions about ceasing the onboarding of purchasers from the USA and migrating
from MetaQuotes platforms to DXtrade are nonetheless going down within the background.

Over the
weekend, quite a few posts appeared on X (previously Twitter), informing that FTMO’s
servers weren’t displaying up on MetaTrader 4 (MT4) and MetaTrader 5 (MT5 ).
Speculations prompt that one of many causes may very well be the migration of US
buyers to the DXtrade platform. On Sunday, one of many moderators of FTMO’s
official Discord channel, generally known as Carlos, commented: “Tomorrow, there
can be an official announcement in that regard.”

True to
their phrase, by noon, an official assertion was launched by FTMO, clarifying
that the weekend’s server points with MT4 and MT5 had been solely associated to cellular
servers and had been resolved.

“The
short-term subject relating to the supply of the FTMO servers on the cellular
MT4/MT5 app has been efficiently resolved,” the FTMO staff commented on
the Discord channel.

They
additional defined: “Our staff has been working diligently to make sure that
our MT4 & MT5 servers are totally operational on the cellular utility as soon as
once more. We perceive the significance of getting access to your buying and selling platform
at your fingertips, and we sincerely apologize for any inconvenience this may occasionally
have precipitated.”

The Future for US Purchasers

Though
the issues with the MT4 and MT5 servers have been resolved for now, the
state of affairs of FTMO purchasers from the US stays problematic. As
solely reported by Finance Magnates on Sunday
, based on an
e-mail despatched to considered one of FTMO’s purchasers, as of February 19, MT4 and MT5 servers are
not obtainable to merchants from the USA.

“This
determination impacts each US nationals and residents and covers all desktop, net,
and cellular variations of the buying and selling platforms,” the e-mail from FTMO assist
learn.

FTMO’s e-mail to X’s person “US30”

The e-mail
additionally talked about that the account can be transferred to the brand new DXtrade
platform, with hyperlinks offered to get acquainted with the brand new platform and its
builders.

It seems
there’s an exodus of prop buying and selling companies from the USA, with the checklist of these
nonetheless providing their companies to purchasers on this area quickly shrinking.

In a
LinkedIn publish, the business skilled Anya Aratovskaya estimated that out of 122 prop
companies she investigated, solely 3 at present supply cTrader or DXTrader. In accordance
to Aratovskaya, lots of them “aren’t able to say goodbye to
MT4/MT5.”

Might the phrases that FTMO representatives stated through the FMLS:23 panel “3 gamers will take 80%” of the prop buying and selling market, be prophetic?

After just a few
days of surprising downtime, the cellular servers of the MetaTrader app supplied
by the prop agency FTMO are again on-line, following the profitable decision of a
“short-term subject.”

In the meantime,
discussions about ceasing the onboarding of purchasers from the USA and migrating
from MetaQuotes platforms to DXtrade are nonetheless going down within the background.

Over the
weekend, quite a few posts appeared on X (previously Twitter), informing that FTMO’s
servers weren’t displaying up on MetaTrader 4 (MT4) and MetaTrader 5 (MT5 ).
Speculations prompt that one of many causes may very well be the migration of US
buyers to the DXtrade platform. On Sunday, one of many moderators of FTMO’s
official Discord channel, generally known as Carlos, commented: “Tomorrow, there
can be an official announcement in that regard.”

True to
their phrase, by noon, an official assertion was launched by FTMO, clarifying
that the weekend’s server points with MT4 and MT5 had been solely associated to cellular
servers and had been resolved.

“The
short-term subject relating to the supply of the FTMO servers on the cellular
MT4/MT5 app has been efficiently resolved,” the FTMO staff commented on
the Discord channel.

They
additional defined: “Our staff has been working diligently to make sure that
our MT4 & MT5 servers are totally operational on the cellular utility as soon as
once more. We perceive the significance of getting access to your buying and selling platform
at your fingertips, and we sincerely apologize for any inconvenience this may occasionally
have precipitated.”

The Future for US Purchasers

Though
the issues with the MT4 and MT5 servers have been resolved for now, the
state of affairs of FTMO purchasers from the US stays problematic. As
solely reported by Finance Magnates on Sunday
, based on an
e-mail despatched to considered one of FTMO’s purchasers, as of February 19, MT4 and MT5 servers are
not obtainable to merchants from the USA.

“This
determination impacts each US nationals and residents and covers all desktop, net,
and cellular variations of the buying and selling platforms,” the e-mail from FTMO assist
learn.

FTMO’s e-mail to X’s person “US30”

The e-mail
additionally talked about that the account can be transferred to the brand new DXtrade
platform, with hyperlinks offered to get acquainted with the brand new platform and its
builders.

It seems
there’s an exodus of prop buying and selling companies from the USA, with the checklist of these
nonetheless providing their companies to purchasers on this area quickly shrinking.

In a
LinkedIn publish, the business skilled Anya Aratovskaya estimated that out of 122 prop
companies she investigated, solely 3 at present supply cTrader or DXTrader. In accordance
to Aratovskaya, lots of them “aren’t able to say goodbye to
MT4/MT5.”

Might the phrases that FTMO representatives stated through the FMLS:23 panel “3 gamers will take 80%” of the prop buying and selling market, be prophetic?



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