MetaTrader is a registered market of MetaQuotes Ltd in Cyprus. MetaTrader is a trading software for retail traders for Forex, CFD, stocks, or crypto. In the field of so-called speculative retail traders, MetaTrader has a dominant position. It is used by thousands of brokers and millions of traders. A vast open source community has formed around MetaTrader, developing software for the MetaTrader ecosphere. As a matter of fact, MetaTrader is also the preferred front-end platform for scam brokers.
Key data
| Trading name | MetaTrader |
| Domain | www.metaquotes.net |
| Legal entity | MetaQuotes Ltd (Cyprus) MetaQuotes Software Corp (Bahamas) and many more |
| Jurisdiction | Cyprus |
| Related individuals | Renat Fatkhullin, founder and CEO Christoforos Theodoulou |
The narrative
MetaTrader has initially been developed in Russia some 20 years ago and was then rolled out through companies in the Bahamas, US, and Europe. In 2003, according to filings with the US SEC, Renat Fatkhullin filed a corresponding patent with the Russian Patent and Trademark Office (Rospatent). Renat Fatkhullin is still CEO of Metaquotes Group and director of MetaQuotes Ltd in Cyprus. The MetaTrader trademark was first registered through MetaQuote Software Corp in the Bahamas and then transferred to MetaQuotes Ltd in Cyprus. Who the beneficial owners of MetaQuotes Group are besides Renat Fatkullin is not known.
Millions of computers around the world run with MetaTrader. In the US and the UK, EU, or Asian countries. MetaTrader is also the preferred client terminal of the Israeli PandaTS white-label broker platform on which both regulated brokers and scam brokers run.
We would like to know more about the Russian MetaQuotes Group. If you have any information, we would be grateful if you could share it with us via our whistleblower system, Whistle42.
Wow, what a trash article. More than 90% of the informations are lies.
1) Renat is from Russia but is now a Cyprus permanent resident. Therefore, he has nothing to do with Russia anymore, so no, MetaQuotes is not controlled by some shady Russians.
2) The biggest retail brokers across the world are almost all offering Metatrader, and scams are a minority. IG, IC Markets, Darwinex, are among the world top brokers supporting MT.
Do you think that Roman Abramovich Portuguese because he bought a Portuguese passport? 🙂
Metaquotes is a company established by the Russian entrepreneur Renat Fatkhullin in Kazan, Russia.
Legal address:
420126, Republic of Tatarstan, Kazan, Yamashev Avenue, 49b, Russia. Registration date: 04.03.2002. It was later re-registered under the name of Renat’s sister, Mishurnyeva Alfiya Rashidovna, 420126, Republic of Tatarstan, Kazan, Yamashev Avenue, 49b, Russia. Currently, the company operates through offshore entities in the Bahamas and Cyprus.
Renat Fatkhullin’s passport of Russian Federation # 9208 541857 (DOB 31.03.1976) Russian Tax number: 165914162004
Renat Fatkhullin has business ties with Rustam Minnikhanov, who is close to Vladimir Putin.
Despite the fact that Renat Fatkhullin bought a golden passport of Cyprus, he remains the owner of two companies in Russia and two real estate properties:
Home Dubrovka, Zelenodolskiy district, Klenovaya str., 1 (400 m2). Approximate cost: 1,800,000 USD.
Apartment Russia, Kazan, 15-9 Kasatkina str. He bought it in 2007. Cost: 40,000,000 RUB = 1,600,000 USD.
He also assists the Initiatives Development Fund (IIDF) – created at the initiative of Vladimir Putin and controlled by the Russian government – through RARITEX TRADE LTD Directpor: Andrei Severyukhin.
I can confirm every word I said with the corresponding documents.
Exactly, Mr. Thomas seems to be preconcepted here. It is even more worrying because most biggest retail brokers rely on this software, and knowing abilities of russian security service you should be cautious if you have accounts with those.
Let’s look at a historical fact: The former Minister of Communications of Russia, Nikolai Nikiforov, closely associated with the FSB and Renat Fatkhullin, stated that it might be necessary to block the Viber messenger in Russia, just like the Telegram messenger, if they do not provide encryption keys. However, MetaQuotes is not blocked in Russia. 🙂 All their servers are connected to the MetaQuotes center. What could this indicate? Good luck all MT users.