I’m deciding between MT4 and MT5 on IC Markets, and I want to know what actually works when the market gets rough.
I’ve read that MT5 is newer and faster, but I’ve also heard that some brokers’ MT5 implementations lag or cause order execution issues during volatility. And I’ve seen people say MT4 is stable but slower.
The thing is, I can’t find clear feedback from people who actually tested both on IC Markets specifically. Most reviews are generic or comparing platforms across different brokers, which isn’t helpful.
I do some scalping and occasionally hold positions through news events, so platform stability and order execution speed matter to me. I also care about which platform works smoothly when spreads are widening and volume is spiking.
Has anyone actually used both MT4 and MT5 on IC Markets? Which held up better when the market was moving fast? Did execution feel reliable on either platform? Are there any quirks with either one that I should know about before I commit to one?
Also, does the platform you choose actually affect your ability to manage rebates or track costs correctly?
MT4 stable but slow MT5 faster but buggy sometimes.
Test both with small live trades first.
IC Markets’ MT5 is reliable for scalping. The order execution is faster than MT4, which matters during volatility when you need orders filled quickly.
MT4 on IC Markets is stable but execution during busy periods can lag by a few milliseconds. For scalping, those milliseconds cost you.
For holding positions, MT4 works fine. For active trading during volatility, MT5 is the better choice.
Both platforms track your rebates the same way. The platform doesn’t affect rebate calculations, only execution speed and stability matter.
I’ve tested both on IC Markets during high volatility. MT4 crashed once during a major news spike, but it was an outlier. MT5 handled the same event smoothly.
The difference is that MT5 processes orders faster. When spreads are widening and volume is high, MT5 confirms orders quicker. MT4 sometimes delays order confirmation by a second or two.
For your scalping and news trading, MT5 is the safer choice. You’ll get orders in at better prices more consistently.
I’ve been using MT5 on IC Markets for about three months. It feels responsive and I haven’t had any stability issues during volatile periods.
I did test MT4 briefly before switching, and it was fine for regular trading but felt sluggish when things got hectic. During the recent Fed announcement, MT5 handled the spike without any problems.
If you’re doing scalping or active trading, I’d go with MT5. It just feels more reliable when the market is moving fast.
Both platforms work fine honestly, but MT5 is newer so the infrastructure is probably better. I chose MT5 because I wanted to future-proof my setup.
I haven’t had any crashes or serious issues. Order execution feels smooth. The platform switch didn’t affect my rebate tracking with GlobeGain either, everything syncs fine.
MT5 seems more stable from what I’ve seen.
I use MT5 and no complaints so far with IC Markets.
I used MT4 with IC Markets for two years, then switched to MT5 last year.
MT4 was solid most of the time, but I noticed during high volatility the platform would sometimes delay order confirmations by a second or two. That’s enough to mess up scalp entries and exits.
MT5 is noticeably faster. Orders execute quicker, the platform feels responsive during volatility, and I haven’t had any freezes or crashes.
The only downside is that some of my older indicators don’t work on MT5, but for core trading, MT5 is better. If you’re scalping or trading during news, go with MT5.
I tested both platforms during the same volatile period to compare fairly. MT5 handled the volume spike better—orders filled faster and the platform didn’t lag.
MT4 is stable, sure, but it’s essentially frozen development. MT5 is actively improved by MetaQuotes, so the infrastructure is better.
For your style of trading, MT5 is the right choice. Honestly, I don’t think you’d regret either one, but MT5 gives you faster execution when it matters most, and that’s worth choosing it for scalping.