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IG adds MetaTrader 4 to its portfolio

Forex broker IG is announcing the addition of MetaTrader 4, one of the most popular trading platforms, to its portfolio of services.

For more details, here is the official press release:

IG, the UK’s largest retail forex provider*, is adding MetaTrader 4 (MT4), the popular electronic trading platform, to its wide portfolio of services

Trading contracts for difference (CFDs) on forex using MT4 will be available to IG clients across mobile, desktop and tablet from late summer this year.

For the first time IG clients will be able to use MT4 to create their own automated trading strategies and algorithms, while still benefitting from the fast and efficient execution they expect from IG. They will also be able to take advantage of MT4’s advanced suite of analytical and charting functions, including the ability to backtest strategies.

Current MT4 users in turn will be able to connect directly to IG’s servers from within MT4, once they have created an IG account. This will enable them to trade on MT4, backed by the number one forex provider in the market.

Tim Howkins, Chief Executive, IG said “This partnership between two dominant players in the forex market gives clients the best of both worlds – access to all the tools that make MT4 so popular, coupled with IG’s fast and secure execution model. MT4 users will benefit from IG’s superior execution speeds and a direct connection between the systems. With IG and MT4 there won’t be any third-party bridges that can slow trades down.”

IG has been working closely with MetaQuotes, the company behind MT4, to ensure the platform’s trading functionality integrates seamlessly with IG’s systems. There will be over 30 currency pairs supported at launch with more to follow.

The launch is part of IG’s ongoing strategy to offer a range of market-leading platforms providing a best-in-class trading experience across all asset classes and trading styles.

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.