Saxo Bank Japan will Discontinue MT4 Support in September 2022

Some clients will be excused and will be able to continue trading on MetaTrader4.

The demise of the MT4 will have no impact on the SaxoInvestor platform in the GCC region.

With the exception of specific clients, Saxo Bank will discontinue support for MetaTrader4 (MT4) on September 4, 2022. The webpage has been updated with the following translation from Japanese:

“With the exception of select clients, we have decided to discontinue usage of MT4 on September 4, 2022 (Sunday) as the last day.” We would like to thank all of our clients who have utilized Saxo Bank Securities MT4 thus far.

“We regret for any trouble caused by our present clients' abrupt contact, but we appreciate your understanding.”

Even after you have stopped using MT4, you may trade the open interest account balance in the MT4(A) account using our trading program 'Saxo Trader Go/Pro.'

A New Platform for the Gulf Cooperation Council Region

Saxo Bank established the “SaxoInvestor” platform for the GCC industry earlier this year. Investors may trade equities, bonds, cryptocurrency, ETFs, mutual funds, and managed portfolios on the new platform.

“The investing market is multifaceted, with many diverse options open to aspiring investors,” said Damian Hitchen, CEO of Saxo Bank in the MENA region.

“The SaxoBank platform provides high-quality information, variety, and investing topics that will allow everyone, from new entrants to the market to seasoned investors, to have a meaningful effect with their investment decisions.”

Saxo Bank has seen a 150 percent growth in new investors from the MENA area in the last several years. Female investors have also grown. Notably, 18% of new clients in 2022 will be female. Only 11% of new customers in 2020 were female investors.

Saxo Bank on WikiFX App

Saxo Bank has a solid score on the WikiFX App, which basically implies that Saxo Bank's regulation and validity to operate have been validated. It also has operations in France, Japan, Singapore, and Hong Kong. ASIC, FCA, FSA, SFC, BDF, CONSOB, FINMA, and MAS are among the regulators that have overseen Saxo Bank.

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What exactly is WikiFX？

Wikifx is a platform for searching worldwide company financial information. Its primary duty is to give the included foreign exchange trading organizations with basic information searching, regulatory license seeking, credit assessment, platform identification, and other services.

WikiFX, on the other hand, has over 37,000 brokers and is actively collaborating with 30 financial authorities in order to deliver reliable information to its users and traders.

Saxo Bank Information

Saxo Bank was founded in 1992 as a privately held enterprise. The bank's headquarters are in Copenhagen, Denmark, and it has distinguished itself as one of Europe's top retail brokerage innovators.

The bank's trade is secure because of the 10+ financial authorities, including the UK FCA. The bank is one of the world's top retail brokerage innovators, both in Europe and beyond.

Stay tuned for more information about Saxo Bank.

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