MetaTrader definition

MetaTrader has a particular significance in relation to IG's platform. Here, we define MetaTrader in general investing and explain what it means to you when trading with IG.

MetaTrader is an electronic trading platform which is popular among traders around the world.

It is used to trade on forex, major indices, and commodity markets. Like most online trading platforms, it allows traders to view charts, stream live prices and place orders with their broker.

The most commonly used version on MetaTrader is currently MetaTrader 4 (MT4), although MetaTrader 5 was released in 2010. Both platforms include apps for mobile devices as well as Windows.

With IG

IG clients can use MetaTrader 4 as one of our advanced trading platforms. 

Visit our advanced platforms section

Find out more about using MetaTrader 4 with IG here.

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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.