Comparison of NetTradeX, MT4 and MT5 platforms of IFC Markets
Explore the distinct features of IFC Markets’ trading platforms—NetTradeX, MT4, and MT5—and choose the best fit for your trading strategy.
IFC Markets offers clients the flexibility to trade using three different platforms: NetTradeX, MetaTrader 4, and MetaTrader 5, each with unique features catering to various trading strategies. NetTradeX stands out with capabilities like creating personal composite instruments and setting complex orders with its proprietary NTL+ language for scripting. MetaTrader 4 supports custom trading programs and signal services, whereas MetaTrader 5 allows for more trading instruments and uses a more advanced MQL5 scripting language. The platforms offer various account types to suit different trader needs, from beginner to advanced levels, with options for fixed and floating spreads. A comparison table highlights key features across platforms, including order types, trading signals, and multi-monitor support, emphasizing NetTradeX’s unique offerings.
Comprehensive Guide to IFC Markets Trading Platforms: NetTradeX, MT4, and MT5
Maximize your trading potential with IFC Markets’ diverse platforms—NetTradeX, MT4, and MT5, tailored for every trader’s needs!
Feature | NetTradeX | MetaTrader4 | MetaTrader5 |
---|---|---|---|
Custom Trading Programs | Yes, with NTL+ | Yes, with MQL4 | Yes, with MQL5 |
Technical Analysis Tools | Advanced | Standard | Advanced |
Trading Signal Services | No | Yes | Yes |
Special Features | Personal Composite Instruments, OCO Orders | Trading Signals, Custom Indicators | Expanded Instrument Trading, Netting Mode |
Support for Trading Styles | Advanced Traders | All Levels | All Levels |
IFC Markets provides 3 trading platforms
The functions of the three platforms are similar, but the NetTradeX platform implements a series of functions and windows that MT4 and MT5 do not have. Clients of IFC Markets can open an account and log in to the MetaTrader 4, MetaTrader 5 and NetTradeX platforms at the same time.
Go to IFC Markets Official Website
IFC Markets NetTradeX
In the NetTradeX trading platform, there are not only a large number of trading tools, but also set orders and technical analysis, and can set additional orders, create personal tools, and so on.
Any number of transactions (accurate to one unit of the base currency).
For hedging transactions, positions in the opposite direction can hedge each other.
In addition to hedging transactions, the platform also has a “lock order” function, which enables traders to open opposite positions at the same time. This function is set at the time of trading.
- Each client can create a personal composite instrument PCI (Personal Composite Instrument). Traders select assets from the asset list and form a personal composite instrument. The assets have their own spreads, overnight interest and historical data to build charts and perform technical analysis.
- The percentage change trend of multiple financial instruments (up to 10) can be displayed in one chart.
- Expert Advisor, based on NTL+ programming language, you can create your own intelligent trading system and indicators.
- Setting up complex orders – OCO («one executes, the other cancels») and activation orders (pending orders are activated only when the set price is reached).
- Reminder warning module for events and trading conditions, which will pop up a warning when: a set price level is reached; order execution: activation of trailing stop; price change; margin level reached, profit/loss level reached; set time reached; Seal the deal.
- With “Quick Trade”, opening a position is just one click away.
- Server-side implementation of “Trailing Stop” (Trailing Stop), the trader can shut down the computer without worrying about not being able to execute the trailing stop.
Open IFC Markets NetTradeX account
IFC Markets MetaTrader4
In the MT4 trading platform, there are not only many trading tools, but also set orders and technical analysis, and can trade intelligently and use server trading signals.
The platform can create its own trading programs and indicators. Programs and indicators can be edited in the MT4 client terminal.
Signal service, traders can become signal providers for other traders, and even subscribe signals from other traders.
IFC Markets MetaTrader5
In MetaTrader 5, you can trade more trading instruments, place orders and perform technical analysis, in addition you can create program trading assistants, and use server-side trading signals.
One of two trading methods: Classic (traditional exchange trading), where several positions of a trading instrument are combined together at an average price; when trading in the hedging (lock-up) method, all positions are separate (same as MT4).
Automated trading, allowing clients to create or use trading assistants and technical indicators created by others. Traders can create trading assistants and technical indicators in the MQL5 language built into MT5.
Trading Signal Services – Traders can provide signal services to other traders or subscribers.
Comparison of NetTradeX, MT4 and MT5 platforms
You can compare the features of NetTradeX and MetaTrader 4 and MetaTrader 5 by using the following table.
Function | Feature | NetTradeX | MetaTrader4 | MetaTrader5 |
---|---|---|---|---|
Linked order | Automatic closing of trading positions when the market reaches the specified price for making profit or minimizing loss. | Available | Available | Available |
Pending order | Automatic opening of trading positions when the market reaches the specified price. | Available | Available | Available |
OCO orders (One cancels other) | Two orders are linked by OCO mode and in case of execution of one order another is automatically deleted | Available | Unavailable | Unavailable |
Activated orders | Automatic setting of one or two orders when the price reaches a specified level. Orders can be linked by OCO mode | Available | Unavailable | Available |
Trailing Stop on server side | Trailing Stop mode is active on the server (even when the client terminal is turned off) | Available | Unavailable | Unavailable |
Trading signals service | Opportunity to become a provider of trading signals and/or subscriber for trading signals | Unavailable | Available | Available |
Position or order accuracy | Accuracy of the position and order volumes for major currency pairs in base currency units (lots) | 0.01 (0.0000001 lot) | 1000 (0.01 lot) | 1000 (0.01 lot) |
Locked positions | Opening opposite positions on the same trading instrument | Available | Available | Available |
Personal composite instruments | Ability to create personal composite instruments to trade them and build the charts | Available | Unavailable | Unavailable |
Detailed trading & balance history | Full and convenient access to the trading history for analysis of efficiency of your trading strategies | Available | Available | Available |
Trading mode | Netting trading mode with combining positions into one | Available | Unavailable | Available |
Displaying multiple instruments on the same chart | Opportunity of displaying the percentage change in the dynamics of several (up to 10) of financial instruments on the same chart | Available | Unavailable | Unavailable |
Tech analysis tools | Detailed technical analysis and usage of many technical indicators for performing better technical analysis | Available | Available | Available |
Live news | The latest news feed from Thomson Reuters directly in the trading platform for market sentiment estimation and accurate fundamental analysis | Available | Available | Available |
Dragged windows | Placement of windows of trading platform outside its main window for more convenience and accessibility of functional | Available | Unavailable | Unavailable |
Multimonitor support | Placement of parts of trading platform on the several screens for more convenience and accessibility of functional | Available | Unavailable | Unavailable |
Work offline | Ability to work with the terminal even without a direct connection to the Internet | Available | Available | Available |
Workspace templates | Configuring and saving any number of convenient for you settings, as well as location of working windows and charts | Available | Available | Available |
Chart templates | Configuring and saving chart settings | Available | Available | Available |
Go to IFC Markets Official Website
Fixed and Variable Spreads – Trading Account Types
IFC Markets offers more than 10 trading accounts with 3 different trading platforms.
See the tables below to know the difference of trading conditions and choose the right account type and platform for your strategy.
NetTradeX | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
---|---|---|---|
Balance currency | USD EUR JPY uBTC | USD EUR JPY uBTC | USD EUR JPY uBTC |
Initial deposit | 1000 USD, 1000 EUR, 100000 JPY | 1 USD, 1 EUR, 100 JPY | – |
Maximum equity | – | 5000 USD | – |
Leverage | 1:1 – 1:200 | 1:1 – 1:400 | 1:1 – 1:400 |
Min. fixed spread | From 1.8 pips | From 1.8 pips | From 1.8 pips |
Min. floating spread | From 0.4 pips | From 0.4 pips | From 0.4 pips |
Short margin level (Stop out) | 10% | 10% | 10% |
Minimum volume of the deal (forex) | 10000 units | 100 units | 100 units |
Market newsline | Available | Available | – |
Accounting system of positions | Hedged/Netting | Hedged/Netting | Hedged/Netting |
Registration Page | Open Standard-Fixed & Floating Account | Open Beginner-Fixed & Floating Account | Open Demo-Fixed & Floating Account |
Open IFC Markets NetTradeX Account
MT4 | Standard-Fixed | Micro-Fixed | Demo-Fixed |
---|---|---|---|
Balance currency | USD EUR JPY | USD EUR JPY | USD EUR JPY |
Initial deposit | 1000 USD | 1000 EUR | 100000 JPY | 1 USD | 1 EUR | 100 JPY | – |
Maximum equity | – | 5000 USD | 5000 EUR | 500 000 JPY | – |
Leverage | 1:1 – 1:200 | 1:1 – 1:400 | 1:1 – 1:400 |
Min. fixed spread | From 1.8 pips | From 1.8 pips | From 1.8 pips |
Short margin level (Stop out) | 10% | 10% | 10% |
Minimum volume of the deal (forex) | 0.1 lot | 0.01 lot | 0.01 lot |
Market newsline | Available | Available | Unavailable |
Accounting system of positions | Hedged | Hedged | Hedged |
Registration Page | Open Standard-Fixed Account | Open Micro-Fixed Account | Open Demo-Fixed Account |
MT5 | Standard-Floating | Micro-Floating | Demo-Floating |
---|---|---|---|
Balance currency | USD EUR JPY | USD EUR JPY | USD EUR JPY |
Initial deposit | 1000 USD | 1000 EUR | 100000 JPY | 1 USD | 1 EUR | 100 JPY | – |
Maximum equity | – | 5000 USD | 5000 EUR | 500 000 JPY | – |
Leverage | 1:1 – 1:200 | 1:1 – 1:400 | 1:1 – 1:400 |
Min. floating spread | From 0.4 pips | From 0.4 pips | From 0.4 pips |
Short margin level (Stop out) | 10% | 10% | 10% |
Minimum volume of the deal (forex) | 0.1 lot | 0.01 lot | 0.01 lot |
Market newsline | Available | Available | Unavailable |
Accounting system of positions | Hedged and Netting | Hedged and Netting | Hedged and Netting |
Registration Page | Open Standard-Floating Account | Open Micro-Floating Account | Open Demo-Floating Account |
FAQs
- What trading platforms does IFC Markets offer?
- IFC Markets offers three platforms: NetTradeX, MetaTrader 4 (MT4), and MetaTrader 5 (MT5).
- What unique features does the NetTradeX platform offer?
- NetTradeX features include creating personal composite instruments, OCO orders, and server-side trailing stops.
- Can I use automated trading on MetaTrader platforms?
- Yes, both MT4 and MT5 support automated trading with respective scripting languages MQL4 and MQL5.
- What are the main differences between MT4 and MT5?
- MT5 allows trading more instruments, supports netting trading mode, and has more advanced tech analysis tools compared to MT4.
- How do I choose the right trading platform at IFC Markets?
- Choose based on your trading needs; NetTradeX is for advanced traders, while MT4 and MT5 cater to all levels with specific features.
- What types of trading accounts are available at IFC Markets?
- IFC Markets offers accounts with fixed and floating spreads, including Standard, Micro, and Demo account options.
- What is the minimum deposit required to trade on IFC Markets?
- It varies by platform and account type, starting from as low as 1 USD/EUR/JPY on beginner accounts.
- Are there educational resources available for new traders?
- Yes, IFC Markets provides comprehensive educational materials and demo accounts for learning purposes.
- Can I trade on multiple monitors with IFC Markets platforms?
- Yes, particularly NetTradeX supports multi-monitor setups, enhancing trading flexibility.
- Is there support for custom indicators and automated trading systems?
- Yes, all platforms support custom indicators and automated systems, with specific scripting languages for each platform.
Latest Features
- Close