South Africa has over the years emerged as the center of forex trading in Africa. It is well-known that online trading has become incredibly popular in Africa in recent years, and much of this happens through brokers based in South Africa. Many of these brokers, of course, offer the popular MetaTrader 4 platform for their clients to use.
MetaTrader 4 - usually referred to as MT4 - is a rather old trading platform by now, released all the way back in 2005. However, the platform has managed to become so popular both in Africa and around the world, that many brokers are struggling to even migrate their clients over to its successor, MT5. Part of the reason for this, however, is that the Expert Advisors (trading algorithms) that already existed for MT4, are not compatible with the newer MT5.