Breaking News! MetaQuotes Layoffs Entire Asia-Pacific Team


MetaQuotes has laid off its entire Asia-Pacific team. The affected regions include China, Singapore, Australia, and others.

According to informed sources, renowned trading software company MetaQuotes has recently carried out large-scale layoffs in the Asia-Pacific region, affecting offices in China, Singapore, Australia, and other locations. This round of layoffs was directly executed by personnel from MetaQuotes' European headquarters, with specific reasons yet to be clarified.

Unofficial sources suggest that these layoffs might be related to MetaQuotes' sales policy. Since the MetaQuotes application was removed from the Apple Store in 2022, the company has tightened its software sales policy and implemented stricter KYC (Know Your Customer) checks, making it exponentially more difficult for forex brokers to apply for MetaQuotes software. Industry insiders believe that this move by MetaQuotes might be aimed at meeting compliance requirements for a potential IPO.

As of now, there are no further detailed reports. Traderknows will continue to monitor the situation and provide timely updates.

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

The End



MT5, short for MetaTrader 5, is an advanced multi-functional online trading platform developed by MetaQuotes Software.


Risk Warning

TraderKnows is a financial media platform, with information displayed coming from public networks or uploaded by users. TraderKnows does not endorse any trading platform or variety. We bear no responsibility for any trading disputes or losses arising from the use of this information. Please be aware that displayed information may be delayed, and users should independently verify it to ensure its accuracy.


Contact Us

Social Media