MetaQuotes introduces additional rules for products offered via Market
MetaQuotes, the developer of popular online trading platforms MetaTrader 4 and MetaTrader 5, will introduce additional requirements for products offered via the Market, effective July 1, 2021.
The company notes that dozens of new applications are published in the Market every day. However, many sellers do not think about how their products appear to users and how customers feel about using their apps. Some descriptions are screaming and gaudy, while applications contain annoying splash screens and irritating messages.
That is why, the company introduces new description and functionality requirements, to make the Market more convenient for buyers.
MetaQuotes prohibits intrusive functions in products, including pop-ups and numerous links on charts or panels.
The company says it understands that sellers wish to promote their services, but this should be done in a reasonable manner. You can specify a link to your website in the product description and add #property link to program code — this link will be displayed in a standard dialog during program start. Sellers are not allowed to advertise their websites or other products on charts, in dialog boxes or on graphic panels.
According to the Market rules, products may not contain any operational restrictions which limit application usage (such as time, account, trading symbol and other restrictions). Any paid or free product must not have time limitations and must be fully functional on any trading account.
To protect paid versions, the Market enables the downloading of an Expert Advisor or indicator trial version allowing users to test the product in the Strategy Tester. Such versions cannot be run on live charts. Sellers can additionally provide monitoring results via the Signals service to demonstrate the performance of Expert Advisors.
Some sellers violate the Market rules and create so-called “demo versions” to promote paid products. Such “demo versions” have trading, display or other functional restrictions. As a result, it is difficult for buyers to find truly useful free programs.
Therefore, the following products will be considered as spam:
- products having words Demo, Free, Trial, Light or similar in their name
- products displaying a link to another fully functional product of the author in the description or on a chart during operation
- products with functional restrictions
To demonstrate all features of paid products (including trading panels and analytical applications), sellers can add videos in the description and provide a one-month product rental option for a small fee.
Market sellers must remove functionality restrictions, fix product names and delete links to other products by August 1, 2021.
MetaQuotes urges all Market sellers to revise their products by July 1, 2021, and to make relevant changes in accordance with the updated Rules.