
6 minute read
How to Connect IC Markets to MT5, How to Download, Open Account, USE
In the world of online trading, speed, precision, and reliability are non-negotiable. Among the global brokers that embody these traits, IC Markets stands tall. As one of the most trusted and widely-used ECN brokers, IC Markets offers raw spreads, ultra-low latency, and institutional-grade liquidity. But to truly unlock its potential, traders often seek to connect it to MetaTrader 5 (MT5) — a platform engineered for performance, flexibility, and automation.
Whether you're a novice trader looking for a secure start or a seasoned professional building high-frequency strategies, this detailed guide will walk you through how to connect IC Markets to MT5, how to download the platform, open a trading account, and use the system like a pro.
🏅 3 Best Forex Brokers
1️⃣ Exness: Open Account Trading | Go to broker
2️⃣ XM: Open Account Trading | Go to broker
3️⃣ JustMarkets: Open Account Trading | Go to broker

🧩 Why Choose IC Markets + MT5 Combo?
The synergy between IC Markets and MT5 is powerful. Here’s why traders all over the globe choose this configuration:
✅ Ultra-Fast Execution✅ Spreads from 0.0 pips✅ DMA (Direct Market Access)✅ Advanced order types and automation✅ Deep liquidity for scalping & HFT
When you connect IC Markets to MT5, you gain access to a trading infrastructure built for institutional-level execution — but accessible even to retail traders.
📝 Step 1: Open a Real IC Markets Trading Account
Before you download anything or install MT5, the first step is to open your IC Markets account.
🛠️ How to Open an Account:
Visit the IC Markets registration page
Click “Start Trading”
Fill in:
Full Name
Email
Country of Residence
Phone Number
Choose Account Type: Standard, Raw Spread (ECN), or cTrader
Choose your trading platform: MetaTrader 5
Set base currency: USD, EUR, etc.
Select Leverage (1:1 to 1:500)
Upload identity documents for KYC verification
Submit and wait for approval (usually within 24 hours)
🛡️ Tip: Ensure the personal info matches your documents exactly to avoid delays.
💾 Step 2: Download MetaTrader 5 (MT5)
Once your account is ready, the next move is to download and install MetaTrader 5 — your trading terminal.
🖥️ Desktop Installation (Windows/macOS)
Download MT5 for your system (choose IC Markets-branded MT5)
Open the .exe or .dmg file and run the installer
Launch MetaTrader 5
On first launch, click “File → Login to Trade Account”
You'll now need your login credentials from IC Markets (sent via email after approval).
📱 Mobile Trading (iOS / Android)
Search for MetaTrader 5 on App Store or Google Play
Download the app
Tap “New Account”
Search for IC Markets in the list of brokers
Log in using your real account credentials
📲 Pro Tip: The mobile app is ideal for monitoring, but desktop is recommended for analysis, EAs, and multi-order execution.
🔐 Step 3: Login to Your IC Markets MT5 Account
You now need to connect your live IC Markets account to MT5 using your secure credentials.
🔑 What You'll Need:
Account ID (numeric, usually 7+ digits)
Password (set during signup)
Server (e.g., ICMarketsSC-Live05, ICMarketsSC-Demo03)
🔄 How to Log In:
Open MT5
Go to File → Login to Trade Account
Enter:
Login ID
Password
Server (select from dropdown or enter manually)
Click Login
💡 Once logged in, your account balance will appear in the Navigator window.
⚙️ Step 4: Platform Configuration for Optimal Use
MT5 comes with a variety of settings to fine-tune your trading experience. Here's how to configure the platform for maximum efficiency.
🎛️ Chart Setup
Right-click the chart → Properties
Choose black or white background
Set candlestick view
Enable grid lines, volumes, and period separators
🧭 Market Watch
Go to View → Market Watch
Right-click → Show All to see every available pair
Add favorites to a separate window for focus
🧠 One-Click Trading
Enable from Options → Trade → One-Click Trading
Agree to the disclaimer
Use Ctrl + click to place instant trades
MT5 allows for ultra-fast order placement, which is critical in fast-moving FX and CFD markets.

💹 Step 5: Place Your First Trade on IC Markets via MT5
You’re now ready to place trades directly through IC Markets on MT5.
🧭 How to Trade:
Go to Market Watch
Right-click on a symbol (e.g., EURUSD) → New Order
Choose:
Order Type: Market or Pending
Volume (Lots): e.g., 0.01, 1.00
Stop Loss and Take Profit (optional but highly recommended)
Click Buy or Sell
✅ Once executed, the order appears in the Terminal → Trade window✅ MT5 shows real-time PnL, margin, and stop-out level
🤖 Step 6: Use Expert Advisors (EAs) for Automated Trading
One of the greatest advantages of using MT5 with IC Markets is the integration of Expert Advisors (EAs) — scripts that automate trading based on predefined rules.
⚙️ Installing an EA:
Open MT5
Go to File → Open Data Folder
Navigate to MQL5 → Experts
Paste your .ex5 EA file
Restart MT5
Drag the EA onto a chart
Enable Algo Trading
💡 Make sure the EA settings match IC Markets specifications (lot size, slippage, symbol suffix, etc.)
⚠️ Always backtest an EA in Strategy Tester before live deployment.
📉 Backtesting Your Strategy with IC Markets Data
Backtesting helps you see how your strategy would’ve performed using historical market data.
📊 How to Backtest:
Press Ctrl + R to open Strategy Tester
Select your EA
Choose symbol (e.g., USDJPY) and timeframe
Select testing period (e.g., Jan 2022 - Jan 2023)
Click Start
MT5 simulates past market activity, including spreads and slippage, allowing for high-accuracy results.
🧪 Tip: Use tick-based modeling for better accuracy.
💡 Smart Features You Should Use
MT5 is more than just a trading terminal. It’s a complete analytical suite. Here's how to get more out of it:
🧠 Depth of Market (DOM): Visualize real-time order book
🔔 Custom Alerts: Get price or indicator alerts on mobile
🧮 Built-in Indicators: RSI, MACD, Bollinger Bands, Ichimoku
🧱 Custom Indicators: Add your own MQL5-coded tools
🖼️ Multi-Chart Layout: Compare timeframes and symbols
Using these tools strategically gives you a data-driven advantage.
💳 Deposit and Withdraw Funds from IC Markets
To trade live, you must fund your account. IC Markets supports:
💰 Bank Transfers
💳 Credit/Debit Cards
🪙 eWallets (Skrill, Neteller, etc.)
🔐 Crypto (for select regions)
💵 Deposits:
Log into IC Markets client portal
Click “Deposit”
Choose method → enter amount
Funds reflect instantly or within 24 hrs
💸 Withdrawals:
Go to “Withdraw” section
Select withdrawal method
Follow verification process
Funds are processed within 1–2 business days
💡 Use the same method for withdrawal as deposit for faster processing.

🔐 Risk Management Tips When Trading IC Markets on MT5
Managing risk is the hallmark of professional traders. Here are a few non-negotiables:
⚠️ Always set a Stop Loss⚠️ Use proper Position Sizing (risk 1-2% max)⚠️ Avoid over-leveraging⚠️ Monitor margin level (keep above 100%)⚠️ Trade with a clear strategy, not emotion
You can also use MT5 tools like Trailing Stop, Equity Protector, and Alerts to reinforce discipline.
Read more:
Best Forex Mini account brokers
what is funded account in forex
🏁 Final Thoughts: Elevate Your Trading with IC Markets + MT5
Trading is no longer just about buying or selling. It’s about precision, automation, speed, and strategy. And that’s exactly what you get when you connect IC Markets to MetaTrader 5.
🔌 You’ve learned how to:
Open and verify a real IC Markets account
Download and configure MT5
Securely log in to your trading server
Place trades with accuracy
Automate your strategy with EAs
Backtest, optimize, and analyze markets
Whether you’re a day trader, scalper, or algorithmic strategist, this combination offers a level of control and performance rarely found elsewhere.
🎯 It’s time to trade smarter — not harder. With IC Markets + MT5, the future of precision trading is right at your fingertips.