I use IG for my spreadbetting FTSE100, but now thinking of trying Forex, and I notice some of these systems require an MT4 platform.

I have 2 questions:

1. Which MT4 platform providers do readers of this site recommend please?

2. Can you use a demo account/MT4 platform to get the signals, then trade it manually on IG, and is this what a lot of you actually do?

Many thanks for helping out a 'Forex newbie'

Hi b1gman,

Welcome to SystemsForTraders. We use Ava and SmartLiveMarkets (SML) and we too sometimes use Ava for the signal (ala Forex Morning Trade at the moment) and place our trades on IG. With SML as its MT4 and a Spreadbetter we use it for the signal and trading (ala 1 Minute Daily at the moment). We prefer to make the minimum deposit into a live MT4 account if we are looking to use it for signals, the reason being demo accounts can be expired at any moment, as the broker wishes, and with that goes all your saved templates, etc. (Obviously you can transfer these to a new demo account if one expires but we just prefer to avoid the inconvenience).

Hi...

Another newbie with same question. Have IG account but planning to migrate MT4 bandwagon. Your early reply was pretty helpful. Is there any other broker(s) provides MT4 trading? Many thanks in advance.