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IC Markets introduces MetaTrader 5
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IC Markets introduces MetaTrader 5

created Paweł MosionekJune 1 2017

Australian Forex Broker, IC Markets, informed yesterday about the introduction of the MetaTrader 5 platform to its offer. This is another well-known retail broker that has decided to extend the range of platforms with a "new" MetaQuotes product. Currently, MT5 offers over 170 Forex brokers (incl. FxPro, TMS Brokers, InstaForex) and you can see that this trend will continue.


Read: MetaTrader 5 is an (unrelenting) future


IC Markets and MetaTrader 5 - goodbye MT4?

Not yet. IC Markets informs that clients will have access to both MT4 and MT5. The resignation from the four is only a matter of time, but at the moment no one is talking about it due to the fact that MT4 is an exceptionally popular software by traders.

The new one is better

MetaTrader 5 it has many interesting features that outperform its older brother. These include:

  • Even 10x works faster,
  • Built-in macro-economic calendar + alarms,
  • Access to the market depth (DOM),
  • 8 new technical analysis tools,
  • More time intervals (TF).

Nevertheless, for years MT5 has not been able to win the hearts of traders enough to make them forget about the "emte four". Is it possible that the only way to change the users' habits is to suddenly quit the old version?

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About the Author
Paweł Mosionek
An active trader on the Forex market since 2006. Editor of the Forex Nawigator portal and editor-in-chief and co-creator of the ForexClub.pl website. Speaker at the "Focus on Forex" conference at the Warsaw School of Economics, "NetVision" at the Gdańsk University of Technology and "Financial Intelligence" at the University of Gdańsk. Twice winner of "Junior Trader" - investment game for students organized by DM XTB. Addicted to travel, motorbikes and parachuting.