A True ECN forex platform allows traders the ability to hedge, scalp, and use any type of automated or manual trading strategy. There are no restrictions on how close stop loss or take profit orders can be placed to the current market price.
Sydney, Australia (PRWEB) May 04, 2012
International Capital Markets Pty Ltd (IC Markets), one of Australia’s leading and most innovative forex brokers launches a new MetaTrader 4 True ECN trading platform with institutional grade pricing and full market depth.
The new MetaTrader 4 True ECN trading platform combines many of the advanced features of the current platform such as a one-click trading module and real-time news with the added benefit of IC Markets True ECN technology and market depth.
Mr Andrew Budzinski, Managing Director of IC Markets said, “MetaTrader 4 is the world’s leading forex trading platform for retail traders, when combined with IC Markets True ECN technology our clients are able to deal on prices and view market depth previously only available to investment banks and brokers”.
“Our institutional grade pricing and commission rates give traders the best chance of success and allows them to scalp the market without having to cross a spread widened by their broker. There are no limits to any style of trading on our MetaTrader 4 trading platform, in fact unlike most forex brokers we encourage scalping and automated trading”.
The key benefits of IC Markets MetaTrader 4 True ECN trading platform include:
- ECN pricing with spreads from 0 pips;
- Up to 1:400 leverage;
- Minimum account opening of USD $200;
- Commission rate of $3.50 per lot traded;
- Access to advanced order types including “OCO” orders;
- Servers in NY4 data centre for Low Latency trading;
- One-click trading with no re-quotes for fast order execution;
- Access to interbank liquidity from over 36 different banks; and
- Full market depth.
IC Markets MetaTrader 4 True ECN account requires a minimum deposit of just AUD$200 with multiple funding options such as Credit/Debit Cards, Moneybookers in addition to Bank Transfers. Traders can use the True ECN platform to trade forex and commodities from only $3.50 per lot traded. They can choose from 41 currency pairs in addition to gold and silver with spreads from as low as 0 pips, the lowest spread offered by any Australian based broker. True ECN trading on MetaTrader 4 is available on the iPhone, iPad, Android, Blackberry and Windows based mobile phones.
“Our innovations have firmly positioned IC Markets as a leading global forex broker and now one of the largest in the Asia Pacific region. We are committed to being at the forefront of trading technology offering our clients unrivalled trading solutions. We truly believe that our new True ECN account will meet our client’s needs and compliment our current offering”, said Mr Andrew Budzinski.
A True ECN forex platform allows traders the ability to hedge, scalp, and use any type of automated or manual trading strategy. There are no restrictions on how close stop loss or take profit orders can be placed to the current market price. IC Markets MetaTrader 4 True ECN platform is ideal for Expert Advisors and traders who scalp the markets.
A demonstration of IC Markets new MetaTrader 4 True ECN platform can be downloaded from the following link: MetaTrader 4 ECN
Notes to Media
About International Capital Markets Pty Ltd (IC Markets).
Headquartered in Sydney, International Capital Markets Pty Ltd is a provider of online forex and CFD trading services, offering individual traders, money managers and institutional customer’s proprietary technology, tools and education to trade online. IC Markets has distinguished itself among industry leaders with its unique ECN forex technology, proprietary tools and services, and remarkable focus on customer service. With turnover well exceeding tens of billions each month the company is one of the leading brokers in Australia. IC Markets is regulated by the Australian Securities and Investments Commission in Australia.
Forex trading may not be suitable for everyone so please ensure that you fully understand the risks involved. Please consider IC Markets PDS available from IC Markets before entering into any transaction with us.
For further information, visit http://www.icmarkets.com.au or contact IC Markets by telephone on: +612 8014 4280.