Why is IC Markets Global MetaTrader 4 Platform Different?

Raw Pricing

IC Markets Global is able to offer market best possible pricing and some of the best trading conditions through the MT4 platform by providing clients with Raw Pricing.Our Raw Pricing allows you to trade on institutional grade level, using pricing almost equal to the world’s leading execution venues. Executable Streaming Prices (ESP) are sent from IC Markets Global’ pricing provider to us, so that clients can trade with no dealing desk, price manipulation or requotes. Due to the diverse mix comprising of up to 25 different pricing providers at any one time, IC Markets Global is the forex CFD provider of choice for high volume traders, scalpers and robots who demand the tight spreads and best execution.

Fast Order Execution

The IC Markets Global 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 us and our pricing providers to ensure ultra low latency and the fast execution of your trades.

The IC Markets Global MetaTrader 4 server has latency on average 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 is ideal for automated and High Frequency Trading and scalping.

No Restrictions on Trading

IC Markets Global 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 Global. Please note that different hedge margin level and settings may be applied to different products and platforms.

Spreads from 0.0 Pips

IC Markets Global boasts some of the tightest spreads of all forex CFD providers globally. Spreads start from 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 pricing mix from up to 25 different pricing providers means that we are always able to keep our spreads tight, especially during high volatility times such as news announcements.