Top Tier Trader, a US-based prop trading firm, has entirely scrapped MetaTrader platforms and is now solely offering services on TradeLocker, a relatively new trading platform. The prop trading firm will finish the migration of all its existing clients using MT4 and MT5 to the new trading platform by today (Tuesday).
“Rather than rush to onboard another broker with the hope that we might maintain MT4/5 for a bit longer, only creating more uncertainty, disruption, and instability for our Traders, we have made the decision to no longer offer MT4 and MT5 from this point forward,” the CEO of Top Tier Trader, Dave Guttman, wrote on the Discord server of the company.
Ending MetaTrader Offering
The addition of the new trading platform did not come abruptly, as the prop trading platform added TradeLocker “last summer.”
“We evaluated DXTrade, CTrader, and others, and it was clear to us that TradeLocker was the best alternative to MT4/5,” the CEO added. Meanwhile, most of the other prop trading platforms are adding DXtrade and cTrader, among a few other trading platforms.