When choosing a Forex broker, a trading platform can play a decisive role. Some traders are familiar with a specific application and do not want to shift to an entirely new one. However, not all traders support the most popular trading platforms.
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Luckily, that’s not the case with IC Markets. Since it is a popular brokerage company, many people question its supported applications. So, let’s take a deeper look at IC Markets MT4 and other trading platforms.
IC Markets MT4 and Its Other Trading Platforms
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Let’s start with discussing the broker, so new traders can also get familiar. Established in 2007, IC Markets has garnered quite a huge popularity. It is an Australian brokerage company regulated by ASIC (Australian Securities and Investments Commission).
In other regions, it is also supervised by CySEC (Cyprus Securities and Exchange Commission) and FSA (Financial Supervisory Authority).
Due to these regulations by renowned entities, it is a legit broker to trade with! With that said, let’s continue with IC Markets MT4.
- IC Markets MT4
IC Markets support the MT4 trading platform, which is the most popular option. The reason for that is its ease of use. Even a beginner can understand the platform’s functionality and become familiar with its usage.
That is why it is ideal for new traders as well as experienced traders. It also offers an analytic view of the Forex Market and provides all the necessary tools you will need for trading.
Although it has been many years since the release of Meta Traders 4, it still is the most-used platform globally.
IC Markets MT4 trading servers are located in New York and London. The broker offers this platform for both Standard and Raw accounts.
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- IC Markets MT5
MetaTrader 5 is the updated version of its predecessor, which takes the analysis game to a whole other level. It has more advanced tools which are aimed at advanced Forex traders.
For beginners, it might be a bit complex, which explains why it is not as popular as IC Markets MT4.
MT5 has advanced management tools that allow you to track your trading performance throughout. Plus, it is also available for both Raw and Standard account types.
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Besides the most popular trading platforms, IC Markets also offer individual ones. For instance, MetaTrader WebTrader is a web-based application. It is quick in execution, has tighter spreads, and allows creating a personalized dashboard.
In addition to that, MT Android is also available for fast trading, customizable layouts, and advanced management.
MT iPhone/iPad trading platforms are almost the same as the Android version, equipped with equally powerful features.
Lastly, MT MAC is similar to the WebTrader version but allows parallel installation.
Although we have discussed IC Markets MT4 and other trading platforms in detail, it all comes down to you in the end. That is because it is best to choose the application that works for you, depending on your requirements and experience.
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