MetaQuotes Launches iPhone 5 Compatible Mobile Platform, Discontinues Support For iPhone 3G

MetaQuotes has today launched the latest version of its mobile Trading Platform , which has full compatibility with the iPhone 5 and all iPad models. Released under the designation of Version 501, the new platform is essentially the mobile version of MetaTrader 4 which encompasses usability with all Apple devices.

In addition to native support for mobile devices, MetaQuotes has made improvements to the user interface’s graphics.

Added Functionality For Mobile Traders

The upgrades to the interface are aimed at providing better performance and improved functionality when working with charts. The new version also includes financial news and internal mailbox that allows traders to communicate with brokers’ representatives over a secure channel.

MetaQuotes CEO Renat Fatkhullin stated: "When working on the new version, we were committed to providing compatibility with the new iPhone 5.”

“But what is most important is support for all iPad models anticipated by many traders. Moreover, the terminal for iPad has greater features than that for iPhone" Mr. Fatkhullin concluded.

Backwards Compatibility Goes Only So Far

As is the case with the vast majority of mobile platform providers, MetaQuotes has to keep pace with technological change as new cellular and smartphone devices arrive on the market.

Backwards compatibility is often a cause of difficulties for research and development departments of platform firms, because whilst ensuring that the platform is available on all of the latest models, keeping it compatible with older models as well is a resource-hungry business.

Added to that, it could be considered that there is little need to keep older devices in mind when developing new platform functionality, due to the fast pace at which mobile devices become obsolete these days.

In concurrence with this, MetaQuotes has discontinued the support of all Apple devices which are older than the iPhone 3G, but maintains support for the 3GS and later.