Metatrader 4 (MT4) is a trading platform created by MetaQuotes Software Corp. When trading on ICMarkets, you use MT4 software, which will support you with many useful tools and features. To know more about ICMarkets Metatrader 4, please read the article shared by Learn Forex Trading below.
Overview of ICMarkets MetaTrader 4
For those who are participating in Forex trading, they must be familiar with the name MT4. MetaTrader 4 is considered a “friend” that supports investors on ICMarkets in their journey to finding profits. Below is the information you need to know before trading on the ICMarkets MT4 platform.
What is ICMarkets MetaTrader 4?
MetaTrader 4 is also known by the shorter name MT4. One of three reputable Forex trading platforms along with MT5 and cTrader. MetaTrader 4 was researched and developed for a long time and launched in 2005. After many years of operation, this platform holds a record as one of the most popular forex trading platforms. From there, it shows the reputation of this software.
ICMarkets is also one of the trading exchanges that brings the MT4 platform to the exchange. So what is ICMarkets MetaTrader 4? It is meant to be a trading platform that allows you to participate in the financial markets. Typically Forex, commodities, stocks… Investors can analyze data, charts, and market fluctuations through this platform.
Trading tools of MT4 ICMarkets
- Charting and graphing tools help simplify market research through line charts, candlestick charts, etc. From there, investors can easily compile data and grasp the financial market situation. current.
- MT4 provides necessary technical indicators such as RSI, MACD, Moving Averages, Bollinger Bands…
- Investors can use automatLearn Forex Trading systems. This tool uses the MQL4 programming language to create robots that perform automatic transactions to save time and effort.
- Basic analysis tools will help you synthesize, compile statistics, and analyze important financial news. At the same time, update the financial market situation to help you make the best decisions.
- Tools to support transaction history management help you save time effectively. Old transaction archives will calculate performance.
What orders does ICMarkets MetaTrader 4 offer?
ICMarkets MT4 software provides investors with a variety of orders. Some commonly used orders are Market Orders, Pending Orders, Stop Loss Orders, and Take Profit Orders.
Trading modes can be performed on MT4 ICMarkets
When choosing to trade foreign exchange on MT4 ICMarkets, investors can freely use the following modes:
- Manual trading: For this trading mode, traders directly execute closing/opening/waiting orders.
- AutomatLearn Forex Trading: Thanks to the pre-programmed MQL4 language. The automatLearn Forex Trading system will create robots to perform all pre-installed transactions on your behalf.
- Copy trading: You can copy campaigns from financial experts with just one click. However, when using this trading mode you need to pay a commission for copy trading from them.
- Mobile trading: Investors can actively monitor, trade, and control accounts. Through the ICMarkets MT4 app on mobile phones.
Who is ICMarkets MT 4 for?
ICMarkets MT4 software was built to support faster and more efficient foreign exchange transactions. Therefore, they are used by many brokers as well as investors.
Is ICMarkets MT 4 suitable for new traders?
On some financial forums, many investors wonder: Is ICMarkets MetaTrader 4 suitable for new traders? With the information on the homepage, MT4 highlights its superior features. At the same time, he also emphasized that his interface is very easy to use. Whether it’s the web version or the app version, it’s the same. Therefore, new traders can completely use MT4 to trade quickly and conveniently in a short time.
Why should you use MetaTrader 4 ICMarkets?
On the market, compared to MT5 and cTrader, MT4 is the software with the largest number of participants. This is because MT4 gives investors the best forex trading experience. Some advantages of MT4 ICMarkets include an optimal interface, fast order matching speed, high level of stability…
Advantages of MT4 ICMarkets
The MT4 platform is widely used because it has the following outstanding advantages:
- All foreign exchange transaction information is strictly controlled by ICMarkets. Therefore, security is always highly appreciated.
- Low transaction costs, suitable for many new investors.
- Many new features support investors in quickly and completely matching orders.
- Get access to exclusive analysis from leading experts at the Main Trading Center.
- The design of Metatrader 4 ICMarkets is scientific and easy to use even on phones.
- Easily deposit/withdraw money quickly at all hours of the day.
>>>See more: Instruct with an ICMarkets open account swiftly
Comparison between Metatrader 4 ICMarkets and ICMarkets MT5
Below are some differences between Metatrader 4 ICMarkets and ICMarkets MT5 that you need to know before participating in trading here.
| Criteria | ICMarkets Metatrader 4 | ICMarkets Metatrader 5 |
| Objects are analyzed | thirty-first | 44 |
| Integrated index | 30 | 38 |
| Economic update calendar | Are not | Have |
| Account currency unit | USD, JPY, EUR, GBP | USD, JPY, EUR, GBP |
| Community chat with MQL5.com | Are not | Have |
| Perform foreign exchange transactions | Are not | Have |
| Ability to transfer money from one account to another | Are not | Have |
| Hedging | Have | Have |
| Number of order matching types | 4 | 3 |
| Number of pending order types | 4 | 6 |
| Speed | 32 bit, mono – threaded | 64-bit, multi-threaded |
| Report form | Board | Charts, tables |
| Strategy testing system | Single-threaded | Multi-threaded |
| Symbol number | 1024 | Unlimited |
| Number of technical indicators | 30 | 38 |
| Time | 9 | 21 |
| Copy trading feature | Are not | Have |
Instructions for downloading ICMarkets MT4
The design of ICMarkets MT 4 is fully compatible with smart devices. Suitable for all Windows, IOS, and Android operating systems. Below are detailed instructions on the steps to download ICMarkets MetaTrader 4 to your device.
Download MT4 ICMarkets to PC
If using a computer, you can download this platform by following these steps:
Step 1: Log in to ICMarket’s website. Then click “Trading tools > Platforms”.
Step 2: The interface displays the platforms of ICMarkets. Scroll down, you will see MT4. Click “Download MT4” to download the software to your computer.
Step 3: There is an icmarketssc4setup file downloaded. Please agree to download and click Next until the installation file is complete, then click “Finish” to complete the download and installation process.
Note that if you are a new trader, please proceed with the registration steps on the ICMarkets site. Then you can log in with previously registered information to perform ICMarkets Gold and foreign exchange transactions on MT4 ICMarkets.
Download MT4 ICMarkets to your phone
Below are instructions for downloading ICMarkets Metatrader 4 to your phone. You can apply on both IOS and Android phones.
For iOS and Android operating systems, there is the same way to download software. The only difference is that for iOS, you need to go to the App Store, but for Android, go to CH Play. As follows:
Step 1: Access the App Store or CH Play app store. Search for MT4 keywords in the search bar. Then click download.
Step 2: Open the application you just downloaded to your phone. Click the settings icon in the lower right corner of the screen, then select “New Account”.
Step 3: If you do not have an ICMarkets Metatrader 4 account, select “Open a demo account”. If you already have an account, choose to log in by clicking “Login to an existing account”. It’s best to open an account first and then log in, it will be easier and more convenient for you.
Step 4: On the search bar, type in “ICMarkets”. Now just choose your correct ICMarkets account. And then log in with the registered information.
Epilogue
The above article has fully summarized the important information about MT4 ICMarkets that investors need to know. To experience the above features, quickly download the ICMarkets MetaTrader 4 application right away at the Learn Forex Trading homepage. Also, don’t forget to update more useful information about the exchange on our website every day.
>>>See more: How to make profits with the ICMarkets MT4 platform?
Frequently asked questions?
What is MT4 ICMarkets?
This is a translation platform used by ICMarkets for Forex trading. It can help traders analyze financial markets and receive advice from good experts in the field.
Is there a fee to use the ICMarkets MT4 platform?
The ICMarkets MT4 trading platform is completely free for users to use. You can download the application to your computer or mobile phone.
On which devices should the platform be used?
Whether you use the ICMarkets Metatrader 4 platform on your computer or phone, it provides a full range of features and tools for you. Choose the device that best suits your work and purpose.
