MetaQuotes has effectively discontinued MT5 white label issuance to new partners in 2026. Per multiple sources in the broker-tech press, the situation as of 2026 H1:
- MT4 white labels have been permanently discontinued — no new MT4 WL licenses can be obtained.
- MT5 white labels are unavailable to new entrants. The only path for new forex brokers is a full MetaTrader 5 main license.
- MT5 main license requires a financial license — operators must hold a regulator authorisation (CySEC, FCA, ASIC, DMCC, etc.) before MetaQuotes will issue a main license.
Why this is the structural reason the alt-WL chapter exists. When Brokerage Atlas opened Chapter II on alt-WL platforms in 2025, the editorial argument was that the 2022 MetaQuotes WL freeze + the 2025 MT5 main-label price jump + the post-2024 prop-firm crackdown created sustained demand from CySEC operators for non-MetaTrader white-label trading platforms. The 2026 H1 reality confirms the framing: the freeze on new MT4/MT5 WL issuance is the durable structural condition, not a short-term policy fluctuation.
What this means for operator procurement in 2026:
- New CySEC operators in 2026 H2 must choose an alt-WL platform. The MetaQuotes path requires a financial license + a full main license — a stack that costs at least an order of magnitude more than a WL configuration, and one that’s unavailable until the regulator approval lands.
- The alt-WL chapter’s 10-vendor universe is the actual procurement set. cTrader (Spotware), DXtrade (Devexperts), Match-Trader, TradeLocker, Sirix (Leverate), Quadcode, TraderEvolution, X Open Hub, Soft-FX, Tradesmarter — these are the platforms operators evaluate against each other, not against MetaTrader.
- The Phase 4 alt-WL evaluation toolkit is the procurement framework. Operators running an alt-WL platform RFP in 2026 H2 should use the toolkit’s 5-axis selection model + 3 RFP pressure-test questions.
This dispatch reinforces the structural framing already in the chapter and the corpus. The MetaQuotes WL discontinuation is a fact rather than a news event — but it’s a fact the operator audience increasingly needs to be reminded of when evaluating alt-WL platforms against the MetaTrader baseline they may have inherited from their previous shop.