While most brokers only provide their MT4 and/or in-house trading applications, IC Markets offers its clients a choice of three popular trading applications: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. MT4 is the most widely used forex trading application, available for broker clients in Mac, iPhone/iPad, Android, as well as Web Trader versions. MT4 provides all the tools and resources a trader needs: several technical indicators, advanced charting packages, various trading robots (Forex EAs), and a complete backtest. EAs are very popular with experienced traders, as they allow trading to be fully automated, so traders can sit back while the software does all the work. Aside from that, if you also need to know the minimum deposit of IC Markets, you can visit http://www.vixbrokers.com/minimumdeposit/icmarkets.html immediately.
If you are using an EA, it is important to remember that your application must be connected to the server 24 hours a day. The best solution, in this case, is a VPS, and IC Markets has partnered with Commercial Network Services, NYCServers, and BeeksFX VPS, to provide a low-latency, customized VPS solution for its clients.
What’s more, IC Markets provides a choice of Multi Account Manager (MAM/PAMM) services on MT4.
IC Markets launched the MetaTrader 5 (MT5) app in May 2017. The number of MT5 users has recently increased, as the company MetaQuotes tries to strengthen its presence in the market like its popular predecessor, MT4.
Traders who like automated trading are offered three additional options: ZuluTrade, AutoTrade from Myfxbook, and mirror trading technology from Signal Trader.
ICMarkets incorporates several in-house research resources, such as some technical and fundamental analysis, on its blog daily under its market analysis section, in addition to content provided by third parties, including the economic calendar from MQL5 and headlines from Myfxbook.
IC Markets also added the EA Lab from Trade View in 2017, which allows users to create Expert Advisors (EAs) for automated trading in the MetaTrader app. With EA Lab, traders can use the drag and drop feature, so they don’t face difficulties understanding the code, but still require advanced technical knowledge.