IC Markets Algorithmic Trading Systems & Platforms Explained

Analyze IC Markets algorithmic trading systems, tools, platforms, and solutions. With cutting-edge algo backtesting tools, versatile strategy resources, free VPS hosting, and diverse platform support – IC Markets remains a strong match for profitable automated trading. On top of these advanced capabilities, this brokerage stands out for low fees/spreads, a strong industry track record, and unique copy/social trading systems.

> If you’re considering IC Markets as your broker, carefully verify tools, support, and services first. This way, you can execute profitable automated strategies across extensive instruments, platforms, and accounts.

Read on for an in-depth explanation of IC Markets algorithmic trading systems and platforms.

cTrader 5.0 Algo Trading Platform

Start algorithmic trading with IC Markets cTrader 5.0 platform. IC Markets offers a powerful cTrader 5.0 trading platform across all devices. This enables you to trade on windows, the web, and mobile with advanced trading capabilities. Using cTrader 5.0 cloud’s technology you can execute algorithmic trades 24/7. Check out some of the important features of IC Markets cTrader 5.0 platform –

FeatureHighlights
Algo Trading with cTrader CloudAccess and manage algorithms across different devices with flexibility and security.
Allows 24/7 algo trading with free local computing power.
Customizable PluginsIntegrate with third-party tools, customizable charts, and trade watch options.
You can leverage their open trading environments.
Easy To Use UI/UXEnhanced charting and indicators for better analysis.
Fast order and position management in cTrader Web.

With IC Market’s algorithmic trading, you can achieve greater efficiency, precision, and success. Surely, use IC Markets cTrader 5.0 platform for algorithmic trading. Check out IC Market’s welcome bonus before creating your account to start algorithmic trading .

MetaTrader4 & MT5 For Automated Trading

Use MetaTrader4 & MT5 for automated trading with IC Markets. MetaTrader platform are the most widely used for algorithmic trading. IC Markets MetaTrader 4/5 platform has Expert Advisors (EA) for algorithmic trade execution. Expert Advisor is a robot that automatically places trades and manages portfolio size. You don’t need to have coding knowledge to run the MQL (MetaQuotes Language) algo program.

With IC Markets you can even develop, deploy and modify programs to fit your trading strategy. You must have proficient coding skills to modify the expert advisor’s trading program. Additionally, IC Markets allows you to connect API to its trading system to carry out auto trade execution. Also, read our IC Markets to TradingView integration guide to maximize your automated trading strategies. Surely, start trading with IC Markets MetaTrader4 & MT5 platform for automated trading.

Trading Central Analytics Platform

Empower your algorithmic trading with IC Market’s central analytics platform. IC Markets analytics platform allows you to make confident trade decisions. You can conduct research using analytics platforms such as technical view, Economic calendars, Market Buzz, newsletter, and many more. IC Markets also offers video content based on popular industry news along with actionable trade ideas. This will help you to get the latest market information at your fingertips. Check out Trading Central insightful analytic support options –

  • Technical View
  • Market Buzz
  • Economic Calendar
  • Feature Ideas
  • Newsletter
  • TC Videos

You can use these IC Market trading central platforms for insightful trade analysis. Surely, start algorithmic trading using the IC Markets trading central platform.

IC Insights Research & Analysis Tools

Leverage IC Markets research & analysis tools for profitable, data-driven algo trading. Seamlessly & confidently navigate market data, financial trends, and news reports with the IC Insights platform.

Think of this platform as your trusted partner for cutting-edge insights, reports, trends, and data that empowers your strategy. Powered by TipRanks research platform, IC Insights showcases the following data at-a-glance:

  • Financial Analyst-Trending Stocks
  • Pro Trader Research, Rankings, & Advice
  • News Sentiment Analysis
  • Bull/Bear Market Recommendations
  • Data-Driven Investment Decisions

Take advantage of insights platforms and research tools to streamline algo trading with IC Markets. Read our IC Markets review for safe usage of the platform and trader protection for forex trading.

Supported Algo Trading Strategies

Furthermore, review IC Markets supported algo-trading signals strategies. The broker offers you two algorithmic trading models implemented in several asset types in the financial sectors, such as arbitrage trading and high-frequency trading. With the arbitrage strategy, leverage the price difference between assets that are highly reciprocal. You can use ‘Triuangular Arbitrage’ which basically involves three currency pairs like EUR/USD, USD/JPY and EUR/JPY. Buy EUR using USD, then sell EUR to buy JPY, and buy USD with JPY, creating a three-leg trade.

IC Markets’ platform also provides you with High-Frequency trading strategy. HFT allows you to create proprietary algorithms to hold short-terms positions, high-speed responses and high trading volumes in a day. Your success leveraging this strategy depends on the speed and efficiency of the technology you are using due to the constant evolution of the trading competitors. Indeed, IC Markets offers you supported automated trading strategies to succeed in your trading career.

Automated Trading Commissions & Fees

Explore IC Markets automated trading commissions and fees for algorithmic trading systems. IC Markets is one of the best low-cost forex brokers which led the broker to win Best in Class honors in the Commissions & Fees category in our 2024 Annual Awards. The broker offers you a commission-free standard account, the commission-based Raw Spread account, and cTrader Raw Spread account. Both IC Markets (MT4 or MT5) Raw Spread and The cTrader Raw Spread have similar commission structure.

The cTrader accounts charge you about a tenth of a pip, at $3.0 per side for every 100,000 units, or $6.00 per RT while the Raw Spread account (on MT4/MT5) charges you $3.5 per side for every 100,000 units (1 standard lot) or $7.00 per round turn (RT). In addition, the average EUR/USD spread is 0.62 pips in cTrader or 0.72 pips on MetaTrader in the Raw Spread account. Surely, IC Markets provides traders competitive commissions and fees making the broker an attractive option.

Author of this article

Picture of Chad Axelrod

Chad Axelrod

Chad Axelrod is a professional forex trader and market analyst with 15+ years of industry experience. Starting his career on Wall Street, he quickly realized his passion for writing and finance, working with a national publication for a decade. Through his posts, reviews, and broker comparisons - he believes beginner and seasoned traders should make informed decisions while selecting a broker. Leading the team at BrokerageToday.com, Chad prioritizes publishing unbiased and transparent reviews for traders in the industry.

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