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Dear Sirs,

This is to inform you that MetaQuotes Software Corp has filed an action (the “Action”) before the Cyprus Courts against PFSoft LLC of Ukraine, PFSoft Ltd of Belize, Denis Borisovskiy and PFSoft CY Ltd, pursuant to which it alleges, among other things, that the defendants breached its intellectual property rights and the MetaQuotes Software Corp EULA by incorporating into their software components of various MetaQuotes applications and seeks damages, injunctions and other relief.

In the course of the proceedings of the Action, MetaQuotes has on 9 May 2017 obtained an interim injunction (the “Injunction”) against Defendants 1-3 which requires  PFSoft to, within 30 days from service (which was effected on 9/6/2017), remove from their software «ProTrader .Net Station»,«ProTrader 2»,  «ProTrader 3» and «ProTrader Multi-connect» certain files, applications, components, libraries and programs which are owned by or which constitute the intellectual property of MetaQuotes Software Corp.

The Injunction also orders PFSoft to, within 30 days from service (which was effected on 9/6/2017), block all access to its software «ProTrader .Net Station», «ProTrader 2», « ProTrader 3» and « ProTrader Multi-connect», unless they remove the aforementioned files, applications, components, libraries and programs of MetaQuotes Software Corp from their software.

PFSoft is also ordered to refrain from infringing the intellectual property of MetaQuotes Software Corp. and in particular from reproducing or copying MetaTrader 4, MQL4 IDE, MQL4 and / or MetaTrader 5 or any part thereof. The English translation of the Injunction and the original in Greek can be found at the following link.

The Injunction will be in full force and effect until the conclusion of the trial.

Unfortunately, PFSoft has not complied with the requirements of the Injunction and their clients still have access to software that incorporate files, applications, components, libraries and programs which are required to be removed by the Injunction.

In light of the above you are hereby requested to delete, within 7 days from today any and all news, articles, promotional and other press releases relating to the software ProTrader .Net Station», «ProTrader 2», « ProTrader 3» and « ProTrader Multi-connect» which include references to MetaQuotes, MQL4 and /or MQL5 and more specifically from the following URL (Link) on your website: 

If you fail to do so, you may be found in contempt of court by assisting and/or encouraging PFSoft in disobeying the terms of the Injunction.

     We expect your prompt actions to the above.

     Our legal rights are fully reserved.

 

Best regards,
MetaQuotes Copyright Infringement Department


 

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2 thoughts on “ProTrader Platform: Overview and Review

  1. ProTrader is a good platfrom, the only issue I encountered was server latency, affecting trade execution, this is the only reason I stopped using ProTrader, the disclaimer…I used their software more than a year and less than 2 years. I am sure they have improved whatever the issue was…..Now…when I reference latency…we are speaking about 46 to 52 milliseconds…in trading terms…that is a lifetime.

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