Metaquotes Abandons Development of MetaTrader 4

[SunTrader]

Thanks @SunTrader Just a few points:

The business model of MetaTrader software is to charge the broker for a number of licenses they get and the hosting for those machines. So its free to the user, not the brokerage itself.
MT4 is not being discontinued rather there there will no more upgrades, and I totally understand that. If you have a platform that has the ability to be multi-asset(MT5), I would dedicate all the resources to that as oppose to a platform that focuses on one asset class only.

Yes I understand that. But as we all know more times than not something underwritten (like Hybrid Autos as an example) are either not quite competitive price or performance wise or both, or the developer cuts a deal because they want volume.

In any case I don't understand the whining? If it suits a trader, use it. If it doesn't, don't.

 

[mlawson71]

MetaQuotes Software, the developer of the most popular retail forex trading platform MetaTrader 4 (MT4), continues to hike support fees for the platform in an attempt to promote its successor MetaTrader 5 (MT5).MetaQuotes has sent its clients a letter informing them that it is raising the monthly technical support fees for every additional MT4 server by about one third.

The news comes only days after MetaQuotes told its clients it is also raising the monthly support fees for MT4.

 

[SunTrader]

MetaQuotes Software, the developer of the most popular retail forex trading platform MetaTrader 4 (MT4), continues to hike support fees for the platform in an attempt to promote its successor MetaTrader 5 (MT5).MetaQuotes has sent its clients a letter informing them that it is raising the monthly technical support fees for every additional MT4 server by about one third.

The news comes only days after MetaQuotes told its clients it is also raising the monthly support fees for MT4.

I guess you thought this part was not important enough to include:

"The news comes only days after MetaQuotes told its clients it is also raising the monthly support fees for MT4. At the same time, the support prices for MT5 are remaining the same and the number or brokers offering the newer trading platform has already surpassed 100".