OANDA Japan Accelerates MT4 Retirement, Citing Security Breaches and Legacy Vulnerabilities
By Adonis Adoni
AI summary of the source article
OANDA Securities has accelerated the retirement of its MetaTrader 4 service in Japan to November 14, citing mounting cyber risks and recent security breaches. Affected Tokyo server positions and balances will automatically migrate to MT5.
Why it matters
OANDA stated "it had become difficult to continue meeting current security requirements on MT4, citing the platform’s age and the cessation of official support and system maintenance by MetaQuotes for the platform."
Key facts
- OANDA moved MT4's termination date forward by two weeks to November 14 following unauthorized access to GMO Internet Group's Onamae.com Desktop Cloud VPS.
- Up to 26,739 VPS servers may have been exposed, prompting OANDA to restrict affected accounts and make Google Authenticator MFA mandatory for MT5 logins.
- Tokyo server MT4 accounts will automatically transfer positions and balances to MT5 Standard Plan accounts over November 14–15.
Source excerpt · Finance Magnates
OANDA Securities has accelerated the retirement of MetaTrader 4 (MT4) service in Japan, moving the platform's termination date forward by two weeks to November 14, 2026. The broker has explicitly cited recent security breaches and mounting cyber risks within external VPS environments as the catalyst for the timeline change, which was first announced in March. London's trading industry is coming ho…