Bye bye MetaTrader 4! MONEX Group formally announces phase-out (Big changes for MT4)
As of November 7, 2014, MONEX Group’s Japanese client base will stand down from MetaTrader 4, replicating a company-wide initiative to concentrate on proprietary platforms following subsidiary IBFX’s sale of its MetaTrader 4 client base to FXCM for $4.4 million
For Japanese FX giant MONEX Group, the provision of the vastly popular and market share dominant MetaTrader 4 platform lasted just over a year, having been introduced in August 2013, and is now being consigned to the history books.
Subsequent to a previous announcement that MONEX Group was preparing to move away from MetaTrader 4 and concentrate on the provision of its proprietary platform MONEX FX Premium, the company has now announced the schedule relating to the phasing out of MetaTrader 4.