Average execution speeds of just 0.014 seconds highlight the speed and reliability of IGвЂ™s trading platforms. Read and compare reviews, open an MT4 account with a trusted forex broker.ProRealTime (premium trading platform) MetaTrader 4 (MT4) IGвЂ™s order management system ensures your order will never fill at a level that is worse than the one you requested, ensuring you always get the best available price. Top Takeaways for 2021Find a complete list of MT4 forex brokers offering the MetaTrader 4 platform. This fantastic all-round experience makes IG the best overall broker in 2021. After you have set up a live IG account, you will then need to set up and fund a live IG MT4 account before you can access our MT4 for forex trading.Regulated and trusted across the globe, IG offers traders the ultimate package of excellent trading and research tools, industry-leading education, competitive pricing, and an extensive list of tradeable products. If you already have an MT4 account with another provider but would like to trade with IG, you will need to create a live IG account before you can trade with us.

After window will be open. Go to: File -> Open Data Folder. Start your MetaTrader 4 terminal. All jurisdictions considered, IG ranks as the most trusted forex and CFDs broker in our 2021 Review.How to find your brokerвЂ™s MT4 server IP address.

For example, most GMT brokers tend to have an additional candlestick such as Sunday candlesticks as well. Alongside finishing third for Platforms and Tools and second for Research, IG finished Best in Class (top 7) for Offering of Investments (19,000+ tradeable instruments), Commissions and Fees, Education, Mobile Trading and Professional Trading.When it comes to MT4 charts, not all brokers are created equally.Depending on the MT4 brokerвЂ™s server time, the charts or the candlesticks on the charts are calculated differently. IG is the ultimate forex broker, finishing 1st Overall in our 2021 ranking. Another alternative is ProRealTime. In design and functionality, IG's MetaTrader 4 desktop platform is almost the same as the web trading platform. If you prefer a desktop-based platform, you can use MetaTrader 4 for CFDs and spread bets for free.

This program provides three tiers. It is worth noting that just like with other brokers, spreads during low-liquid times are higher than normal, averaging 1.39 pips at IG in August 2020, during the 2100 вЂ“ 0000 (GMT+1) session.CFD account active trader rebates: For volume traders who qualify as professionals under EU rules, IG offers pricing discounts via its active trader rebate program. Established 1974, join 239,000+ traders worldwide Visit SiteIG uses its size to provide traders competitive pricing across the board, regardless of the product you trade, and shines for its active trader pricing available through its Forex Direct accounts.CFD account average spreads: For mini and standard size contracts, typical spreads during the main trading session from Midnight to 9 pm (0000 вЂ“ 2100, GMT+1 time) averaged 0.745 pips in August 2020. No question, IG's flagship platform is the better choice between the two.

Instead, IG adds a commission to each trade you make (similar to IC Markets, FP Markets, or FOREX.com's DMA account). Traders that do over 1.5 yards (billion USD in volume) see their per-side commission drop to $10 per million ($20 round-turn), resulting in an effective spread of 0.165 + 0.20 = 0.365 pips, using the 2019 data.Execution method: Forex Direct streams from interbank liquidity providers where IG acts as an agency broker and doesn't add on any additional spread. The DMA account requires just a ВЈ1,000 minimum and uses a tiered pricing scale based on the trader's previous month's trading volume.DMA account average spreads: With average spreads of 0.165 on the EUR/USD for the 12 weeks ending March 19th, 2019, the all-in spread is 1.3 pips using the base tier of $60 per million for traders that do less than $100M per month. This commission-based offering, Forex Direct, is available via the DMA account and provides traders access to the L2 Dealer platform. To put this in context, 20% off of 0.745 pips (August 2020 data from main trading sessions) would have resulted in an all-in cost of just 0.596 pips, which is very competitive.DMA account (Forex Direct): For the savviest traders seeking more significant discounts than what is offered in the CFD account, the DMA account is the better option than the active trader rebates on IG's spread-only pricing. Meanwhile, if you trade over ВЈ300M per month, then as much as 20% is rebated.

Usability is at the heart of the experience. Besides the L2 Dealer and ProRealTime charting platform, I focused my testing on IG's flagship web platform.IG web platform features: IG's proprietary web-based platform comes loaded with a vast selection of features. The functionality is widespread and serves traders of all experience levels. GalleryIG provides an outstanding selection of trading platforms and tools.

There are also numerous streaming videos from Reuters and IGTV, with multiple videos daily covering global financial markets.Trading signals and premium content: IG integrates Autochartist and PIA First into its platform, allowing traders to view trade signals generated by automated pattern-recognition and technical analysis. Demonstrating its innovation, content is even personalized with the new 'Recommended News' section that aims to tailor headlines based on your account traits. Advanced tools include a customizable screener for various asset classes, including CFDs on global stocks, forex. Overall, the amount of content in IG's platform is only matched by Saxo Bank, TD Ameritrade (US residents only), and Interactive Brokers.News and Market Analysis: IG's research tools include staples such as streaming news from Reuters and an economic calendar. GalleryIG provides traders a vast selection of excellent quality market research from both in-house and third-party providers. That said, charts were an absolute pleasure to use, especially the automatic coloring of studies, making it easier to view when multiple indicators are added.

GalleryIG is a leader for its educational content, offering a vast selection of formats including video, written articles, and even progress tracking and quizzes. There is also a time-line, akin to a social network showing member's actions, such as new joins, follows, and comments on threads. While the content is crowdsourced, I found it to be of value because IG hand picks the best research articles. Finally, IG Community, a recently launched social network resembling an advanced forum, brings together over 80,000 users. Premium research from Real Vision TV is provided at IG for free to traders who deposit at least $500, and Real Vision research is available for those with $5000 or more on deposit.DailyFX and IG Community: IG powers DailyFX, a blog-style news website that provides IG's clients with news content and various research tools.

For example, there are traders sharing their personal views, such as regarding any past trading failures and success. Even archived webinars are organized by experience level, making it easy to find what you need quickly.IG Community: As noted in the research section above, the IG Community produces content that is curated by IG, and this includes educational articles. Its in-house staff covers educational topics live, such as the Technical Analysis Masterclass. I also liked that specific chapters had video content included, in addition to lesson summaries.Videos: In addition to numerous archived content and playlists on its various YouTube Channels, IG provides multiple webinars per week. In addition to educational content, there are 17 beginner articles, and support is also available for additional languages.IG Academy: There are eight courses organized by experience level, where each one provides multiple chapters with quizzes incorporated throughout, creating an interactive experience. For example, there are seven articles about risk-management with Bollinger Bands.

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