- MT4 remains important for EAs and scalpers
- Raw Spread cost includes commission plus spread
- Server selection must match the account credentials
- Backtest results need live spread and slippage checks


July 2026 field note: IC Markets now presents the global brand as IC on some pages; always verify the exact legal entity, account page and client agreement for your region.
Quick Answer#
Use IC Markets MT4 if your workflow depends on EAs, MQL4 indicators or the familiar MetaTrader raw-spread setup.
Install IC Markets MT4 Safely#
- Open the official IC Markets site or the secure client area for the entity serving your country.
- Follow its current MT4 download route for your device. Do not use an installer shared in a message, video description or unofficial mirror.
- Before running the file, confirm that the download came from the official route you opened. If the page redirects or the publisher looks unfamiliar, stop and ask support.
- Install MT4 with the normal device permissions, launch it, and allow it to finish loading before importing indicators or EAs.
IC Markets may present the global brand as IC on some pages. That branding change is not a reason to guess which installer or entity applies to you; use the client area and agreement assigned to your account.
Log In With the Correct Account and Server#
Keep the three account-specific items supplied by IC Markets together: the MT4 login number, the trading password, and the server assigned to that account. They are not interchangeable with a client-area email/password or with MT5 credentials.
- Open MT4's existing-account login flow.
- Enter the MT4 login number and trading password.
- Select or search for the server exactly as shown in the account details. Do not choose a similarly named server by trial and error.
- Wait for prices and connection status to update, then confirm the account number and demo/live status before placing an order.
If the assigned server is not listed, refresh the available servers or use MT4's broker-search route, then compare the result with the account details. If it still does not appear, contact IC Markets support rather than inventing a server name.
Configure a Demo-First Workspace#
Start with demo even if you already have a live account:
- add only the symbols you intend to trade and confirm their contract specifications;
- set chart timeframes, templates and indicators without importing unknown executable files;
- practise opening, modifying and closing an order with a stop-loss;
- check how lot size, spread and margin change across forex, gold and indices;
- export or review account history so you know how to audit fills.
For an EA, use an MT4/MQL4-compatible build, review its permissions, test it on demo, and set a maximum spread and risk limit. Continuous automation may require a stable machine or VPS, but a VPS does not fix unsafe sizing or faulty logic.
First Live-Connection Check#
After demo behaves as expected, connect the intended live login and verify the legal entity, account type and server again. Raw Spread pricing must be assessed as spread plus commission, swaps and possible slippage; a 0.0-pip minimum is not free trading. Use the smallest practical size for the first execution test and verify the requested and filled prices before scaling.
Troubleshooting Login, Server and Data Problems#
| Symptom | What to check |
|---|---|
| Login rejected | MT4 account number, trading password, keyboard/case errors, and whether the account is still active |
| No connection or no prices | Internet access, platform restart, the exact assigned server, and whether the market is open |
| Account connects but symbols differ | Account/entity symbol list and contract specifications; do not assume another account's symbols match |
| EA does not trade | MT4 compatibility, automation permission, market/session conditions, symbol name, lot rules and EA logs |
| Orders are refused | Free margin, minimum/maximum volume, volume step, stop-distance rules and market status |
Changing passwords repeatedly will not fix a wrong server. Reinstalling will not fix MT5 credentials entered into MT4. Preserve the error message and account details, excluding the password, when contacting official support.
Related IC Markets Research#
Continue with our IC Markets review, IC Markets account guide, IC Markets spread guide and IC Markets safety review. If you are comparing brokers, also read XM vs Exness vs IC Markets and lowest spread forex brokers.
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