South Africa’s first regulated broker-matcher

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IC Markets MT4 – MetaTrader 4

In this article

Top broker matches for traders in South Africa

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Deriv
3.9

/ 5

1370
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

Trading CFDs and options involves high risk and you can lose your capital. Leverage can amplify losses. Only trade if you understand the risks.
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Trade Nation
4.3

/ 5

1370
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

Trading CFDs is high risk. Leverage can magnify losses, and you may lose your deposit. Only trade with money you can afford to lose.
exness logo square transparent: exness.com
Exness
4.4

/ 5

1500
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

Trading CFDs is high risk. You can lose money rapidly due to leverage. Only trade if you understand the risks and can afford losses.
xm logo square transparent: xm.com
XM
4.4

/ 5

1500
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

Trading leveraged products involves significant risk and can lead to the loss of your invested capital. Only trade if you understand the risks.

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IC Markets, a worldwide top-leading trading platform, has an award-winning IC Markets MT4 platform to offer the clients an amazing trading opportunity.

IC Markets is popularly known as a famous trading platform due to its rich environment, convenient use, and powerful automated trading ability. The MT4 trading platform is offered with both Raw Spread and Standard accounts for a convenient trading experience.

Important features of IC Markets MT4 platform

  • CFD quotes with real-time Forex
  • Available with a set of trading orders and pending orders
  • It helps you to trade directly from the trading chart
  • Supports different execution modes
  • Display your entire trading history
  • Real-time interactive trading charts with zoom and a simple scroll
  • 30+ popular technical indicators
  • Multiple timeframes for analysing price patterns and action
  • Three various chart types, including Bars, Japanese Candlesticks, and Line
  • Adjustable trade settings of different technical indicators

Major reasons to choose IC Markets MT4 trading platform

1. Raw Pricing

IC Markets MT4 trading platform is available with some great pricing options and excellent trading conditions for the clients. And this is made possible through Raw Pricing.

With the raw pricing, a trader can start trading on an institutional-grade level. On this level, you can look for the pricing equal to the top leading execution venues worldwide.

IC Market pricing provider will send you Executable Streaming Prices (ESP) on which you can trade. Due to a combination of more than 25 different pricing providers based on scalper’s, high volume traders, and robots, IC Markets demands the best execution and tight spreads.

2. Quick Order Execution

IC Markets MT4 trading platform is extremely quick in order execution which is being run on the financial ecosystem through the NY4 data centre in New York.

With the MT4 platform, a trader will experience a fast execution of their trades, and that too with ultra-low latency.

Their server has a latency of less than 1 millisecond over a few major VPS providers. This low latency is excellent for automated as well as high-frequency trading and scalping.

What are the benefits of IC Markets MT4?

  • User-friendly interface
  • Trade levels available with volumes on the trading chart
  • Display charts and symbol prices in offline mode
  • Start trading directly through the trading chart
  • Available with educational guides and tutorial videos for new traders
  • Easy to download from Android Play Store

Does the IC Markets MT4 platform have any restrictions on trading?

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IC Markets MT4 platform is completely free from any restriction being implied on trading activities.

This platform offers some best trading opportunities for scalping and has a high frequency to start trading globally.

Traders are free to place their orders between spreads with no limitations over minimum order distance. It has a freezing level of 0. You can place the stop-loss orders at a price that is closer to the market.

In addition, traders can even hedge positions because there is no such first-in, first-out rule within IC Markets. As a result, there is no need to pay any margin on the hedged trades, and one can enjoy some amazing benefits of margin trade netting.

What is the spread size in IC Markets MT4 platform?

We all know that IC Markets is based on the tightest spreads compared to the Forex CFD brokers available worldwide.

The spread generally starts from 0.0 pips on the MT4 trading platform. It stands on the average of EURUSD, being 0.1 pips. This is the tightest average spread on EUR USD globally.

Different Withdrawal and funding options on the MT4 platform

Once the MT4 trading account is opened, you can start your funding process. A variety of funding options are available, which you can also use for withdrawal processing.

Few methods are broker to broker deposits, FasaPay, Neteller, China Union Pay, Skrill, debit or credit card, wire transfer, and Bpay.

Flexible lot sizing on IC Markets MT4 platform

IC Markets has no restrictions or limits on the trade sizes. In addition, flexible lot sizing is available on MT4, which is as small as a micro-lot of 0.01.

A trader can perform trial trading with the least risk and manage trade in various sizes with flexible lot sizing. But make sure the sizing is according to your account balance.

Step by step guide on how to download IC Markets MT4 platform

Step No 1: First of all, you have to download MT4, after which you have to save the installation package, which you might, later on, need to start the installation process.

Step No 2: Once the downloading is finished, start the installation package by locating it and running “icmarkets4setup”.

Step No 3: Now click the “next” option. Before you enter, you have to carefully read out the whole End-User License Agreement.

Step No 4: In just a matter of few seconds, you will have the installation finished. Click the “Finish” button once it is done.

Step no 5: Upon the installation, the MT4 trading platform opens up automatically in front of you.

Step no 6: MT4 will display a window for listing all accessible servers on the trading platform. You need to pick the server according to your trading account because each has its own server.

If you have opened a demo account, you need to log into the server for the demo accounts. The same goes for MT4 live trading accounts.

System Requirements

The MetaTrader 4 platform Client Terminal requires Windows 7 or higher. You can also run this trading software on Mac OSX.

Does IC Markets MT4 offer a demo account?

On the IC Markets MT4 platform, both live and demo trading account options are available. For a beginner, choosing a demo account is a great option to consider.

Bottom line

There are many reasons to pick IC Markets as a great platform to start your trading journey. It has lower spreads, fast execution, the latest technology, and grants ultimate trading opportunities. So what else do you want?

For a classic trading journey, visit IC Market’s official website now and download the MT4 platform to step further as a professional trading person.

A trader can use MT4 on any electronic device and is compatible with all systems. In short, it is a reliable and solid broker for a pleasant trading experience. So create your account on FXTM MT4 right now!

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Top broker matches for traders in South Africa

xm logo square transparent: xm.com
XM
4.4

/ 5

1500
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

Trading leveraged products involves significant risk and can lead to the loss of your invested capital. Only trade if you understand the risks.
deriv logo square transparent: deriv.com
Deriv
3.9

/ 5

1370
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

Trading CFDs and options involves high risk and you can lose your capital. Leverage can amplify losses. Only trade if you understand the risks.
trade nation logo square transparent: tradenation.com
Trade Nation
4.3

/ 5

1370
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

Trading CFDs is high risk. Leverage can magnify losses, and you may lose your deposit. Only trade with money you can afford to lose.
exness logo square transparent: exness.com
Exness
4.4

/ 5

1500
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

Trading CFDs is high risk. You can lose money rapidly due to leverage. Only trade if you understand the risks and can afford losses.

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A juristic representative and agent of CFD Central Securities (PTY) Ltd Registration No. 2008/008752/07 (FSP No. 35731)

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