Why Did Metaquotes Ban US Traders on their Platform?

moonchild

VIP Contributor
If you've been trading with any prop firm company, it is no news that they have ban the USA and all of US Traders, so most traders have lost their trading capital overnight and have to start over with other platforms or even change their asset classes to futures, it wasn't easy to navigate such waters in this trade we will discuss the reason why it happened.

Regulation is the number one reason why USA bans Metaquotes it is said that,the brokers do not follow the best practices as laid down by the CFTC.

Complains, there's been complain by a lot of traders to CFTC, about hidden fees and general misconduct on the platform and when investigation was taken plwc, they ended up getting banned.
 
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