With a 12-year history in the forex market, IC Markets is now the 2nd fastest growing in the world (after XM) in terms of trading volume, making it one of the largest retail brokers in the world. This article will focus on showing you how to open an ICMarkets account and how to install ICMarkets MT4 software for computers or laptops running Windows operating system.
Table of Contents:
Basic information about the broker
IC Markets is known as the first Forex broker in Australia, founded in 2007, famous for its ECN technology, which makes it one of the best competitive brokers in terms of spreads. Therefore, IC Market is often the first choice of scalpers and day traders.
IC Market’s full name is International Capital Markets Pty Ltd (International Capital Markets Pty Ltd), incorporated in Sydney and obtained the Australian Financial Services License (AFSL) with the Australian Securities and Investments Commission (ASIC) in 2009.
With the principle of strict compliance with the regulations of the Australian Securities and Investment Commission, together with the registration of transactions with the world’s leading prestigious ASIC supervisory organization, IC Markets is considered one of the best brokers in the world with the largest trading volume in the world.
Currently, ICMarkets offers a wide range of investment products: 63 currency pairs, 17 indices, 19 CFDs on commodities, over 120 stocks and ETFs from ASX, Nasdaq and NYSE, 6 bonds, 5 most popular cryptocurrencies and 4 global futures contracts.
Pros and cons of ICMarkets
In addition to being simple to download and install, the MT4 platform offers a wide range of trading features and functionality that other platforms do not have. You can use technical tools and indicators to monitor price movements and charts while tracking trends to distribute planned trades. The platform supports and displays charts such as Renko, Heiken Ashi and Candlestick.
When using MT4, you will quickly set up trade orders according to your strategy with pending orders. The predefined profit targets and the risk of loss are executed immediately if pending orders are processed and pending market performance. Pending and final stop loss or profit orders can also be changed easily. You can also rely on robots to automate your trading. This is done using scripts that are added to the platform. This saves you from missing out on trading opportunities when you are not near your computer or with a mobile device.
Currently, MT4 is used on computers or laptops with many different operating systems such as Windows, Mac OS, Linux or mobile devices and tablets with iOS and Android operating systems.
How to open an ICMarkets account
- First, visit the ICmarkets homepage.
- Complete the information statement to open an ICMarkets account.
- Enter your personal information (year of birth, address, postal code)
- Set up an ICMarkets trading account (including trading platform, account type, currency)
- Fill out the experience questionnaire
- Upload Documents – Document Verification
How to Download ICMarkets MT4 Trading Platform
Unlike other platforms, before downloading ICMarkets’ MT4 software, you need to register to open an account. After that, follow these steps to install:
Step 1: Log in to the ICMarkets website and access your account information, including username and password.
Step 2: Go to Platforms. Select the correct device or operating system you are using and click Download MT4 to download the installation file to your device.
Step 3: Double click on the downloaded icmarkets4setup file and select Next.
Step 4: Wait for the software to download and install MT4 automatically and select Finish to complete the installation.
