IC Markets offers its clients the opportunity to trade on the award-winning MetaTrader 4 platform. It is undoubtedly the world’s most popular trading platform for forex traders due to its ease of use, feature rich environment and automated trading ability.
It has grown from a trading platform to a global community where trader’s demands are met by technology provider’s innovations. IC Markets has partnerships with many of these technology providers and is proud to offer you the next generation MetaTrader 4 platform, designed to take your trading to the next level.
Both IC Markets Standard and True ECN accounts are available on the MetaTrader 4 trading platform.
The MetaTrader 4 Client Terminal requires Windows 7 or higher. It is also possible to run this software on a Mac OSX.
Why is IC Markets MetaTrader 4 Platform Different?
True ECN Connectivity
IC Markets is able to offer market leading pricing and trading conditions through the MT4 platform by providing clients with True ECN Connectivity.
True ECN Connectivity allows you to trade on institutional grade liquidity from the world’s leading investment banks, hedge funds and dark pool liquidity execution venues. Executable Streaming Prices (ESP) are sent from IC Markets’ liquidity providers to our ECN environment where clients can trade with no dealing desk, price manipulation or requotes. Due to the diverse liquidity mix comprising of up to 50 different liquidity providers at any one time, IC Markets is the forex broker of choice for high volume traders, scalpers and robots who demand the tightest spreads and best execution.
Ultra Fast Order Execution
The IC Markets MetaTrader 4 server is located in the Equinix NY4 data centre in New York. The NY4 data centre referred to as a financial ecosystem is home to over 600 buy and sell side firms, exchanges, trading venues, market data and service providers. The MetaTrader 4 server is cross connected to our ECN to ensure ultra low latency and the fast execution of your trades.
The IC Markets MetaTrader 4 server has latency of less than 1 millisecond to major VPS providers either collocated in the NY4 data centre or through dedicated lines to nearby data centres. This low latency environment is ideal for automated and High Frequency Trading and scalping.
No Restrictions on Trading
IC Markets MetaTrader 4 and 5 platforms have no restrictions on trading. We have some of the best trading conditions for scalping and high frequency trading globally, allowing traders to place orders between the spread as there is no minimum order distance and a freeze level of 0. This means orders including stop loss orders can be placed as close to the market price as you like.
Traders can also hedge positions as there is no first in first out (FIFO) rule with IC Markets. Traders do not pay margin on hedged trades and enjoy the benefits of margin netting.
Spreads from 0.0 Pips
IC Markets boasts some of the tightest spreads of all forex brokers globally. Spreads start at 0.0 pips on the MetaTrader 4 platform with the average on EURUSD being 0.1 pips 24/5. This is currently the tightest average EURUSD spread globally.
Our diverse liquidity mix from up to 50 different liquidity providers means that we are always able to source liquidity for our clients and keep our spreads tight, especially during high volatility times such as news announcements.
Flexible Funding and Withdrawal Options
Once you’ve opened your account you can fund using any of our funding options including: credit/debit card, Skrill, wire transfer, Neteller, FasaPay, China Union Pay, Bpay and broker to broker transfer, deposits.
Flexible Lot Sizing
There are no limits or restrictions on trade sizes, you can place trades as small as one micro lot (0.01) . Our flexible lot sizing allows you to trial the platform with minimal risk and manage your trades sizes in accordance with your account balance.