The new platform is an updated and improved version of its predecessor which has long been the industry standard for traders around the world. IC Markets is proud to present the next generation MetaTrader 5 platform, designed to offer everything you need to trade the markets.
MetaTrader 5’s advanced charting technology coupled with sophisticated order management tools help you to monitor and control your positions quickly and efficiently. It is a powerful platform packed with brand new features aimed at improving your trading experience. It is available on both of the IC Markets account types: True ECN and Standard.
The MetaTrader 5 Client Terminal requires Windows operating system 7 or higher. It is also possible to run this software on a Mac OSX.
Why is IC Markets MetaTrader 5 Platform Different?
True ECN Connectivity
True ECN Connectivity allows IC Markets to offer industry leading spreads and trading conditions on the MT5 trading platform.
Gain access to institutional grade liquidity from the world’s leading investment banks, hedge funds and dark pool liquidity execution venues through our True ECN engine. Traders can enjoy trading with no dealing desk, price requotes or any sort of manipulation on our market leading platforms. Our extensive mix of up to 50 different liquidity providers makes IC Markets the top choice for high volume traders, scalpers and automated traders who demand the best trading conditions including the lowest spreads and fastest execution speeds.
Ultra Fast Order Execution
All IC Markets MetaTrader 5 servers are located in the Equinix NY4 data centre in New York for optimal execution speed. The NY4 data centre is known as one of the most secure and reliable data centres in the world. The MetaTrader 5 servers are cross connected to our ECN to ensure the lowest latency and fastest execution.
The IC Markets MetaTrader 5 trade servers have 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.
No Restrictions on Trading
There are no trading restrictions on the IC Markets MetaTrader 5 platform. We offer ideal trading conditions for scalping and high frequency trading, even 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 at any level.
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.
Level II Pricing – Market Depth
The MetaTrader 5 Depth of Market displays the full range of available prices directly from our liquidity providers. This feature provides full transparency of available liquidity for each currency at any given time. High liquidity, asynchronous spot prices and low latency guarantee the tightest possible spreads.
Spreads from 0.0 Pips
IC Markets offers the tightest spreads out of all forex brokers around the world with our EURUSD spread averaging just 0.1 pips. This is currently the tightest average EURUSD spread globally. IC Markets is always able to keep spreads tight by sourcing liquidity from our diverse mix of up to 50 different liquidity providers.
Flexible Funding and Withdrawal Options
We’ve made funding and withdrawing funds easy by offering a wide range of funding options including: credit/debit card, Skrill, local bank transfer (transferring to a bank in your country), wire transfer, Neteller, FasaPay, China Union Pay, Webmoney, Bpay, broker to broker transfer, and branch deposits.
Flexible Lot Sizing
Our platforms offer you flexible lot sizing so you can manage your risk appropriately. We don’t place any restrictions on trade sizes and even allow trades as small as one micro lot (0.01) to be traded.