Does N1CM Support MT4 as of 2024?

For traders looking for reliable and efficient trading platforms that suit their trading strategies and preferences.  So, if you are considering using N1CM as your broker, you may be wondering if it works with MT4. 

N1CM is a well-known online trading broker that offers a range of trading services and features. On the other hand, MetaTrader 4 (MT4) is a popular trading platform that is widely used by traders of all levels of experience. But does N1CM support the use of MT4? Let’s find out.

In this article, we will explore whether N1CM is compatible with MT4 and what this means for traders. We will discuss the benefits and drawbacks of using MT4 with N1CM and provide insights into how it can enhance your trading experience. 

Does N1CM support MT4? 

Yes, N1CM supports MT4 as its trading platform.  MetaTrader 4 (MT4) is one of the most popular and widely used trading platforms in the forex world. The platform is known for its user-friendly interface, easy-to-use charting tools, and EA compatibility.  

What other platforms does N1CM use?

Besides  MT4, N1CM uses MT5 trading platform. MT5 is the upgraded version of MT4 developed by the same company. It is a Multi-asset platform that accommodates instruments and asset classes including forex, CFDs, Stocks, Cryptos, and Indices. 

Benefits of Using Metatrader 4 on N1CM?

Here are some reasons why traders might choose this Metatrader 4 on N1CM 

User-friendly Interface:

MT4 provides an easy-to-use and user-friendly interface which makes it accessible for both novice and experienced traders. The platform’s layout is designed for easy navigation and quick access to essential trading tools.

Advanced Charting Tools:

MT4 is known for its advanced charting capabilities. Traders can conduct in-depth technical analysis using a variety of chart types, timeframes, and technical indicators. This helps in making better trading decisions.

Automated Trading:

 MT4 supports automated trading through Expert Advisors (EAs) which allow users to implement automated trading strategies. Traders can create or purchase EAs to execute trades based on predefined criteria, even when they are away from the computer.

Wide Range of Assets:

N1CM on MT4 offers a wide range of financial instruments, including forex (50+),indices (10+),commodities,shares,cryptocurrencies. This enables traders to diversify their portfolios and explore various markets.

Security and Reliability:

MetaTrader 4 is known for its security features which provide a secure environment for online trading. Additionally, N1CM is expected to uphold high standards of security and reliability to ensure a safe trading experience.

Mobile Trading:

MT4 is available on mobile devices, allowing traders to monitor and manage their trades on the go. The mobile app provides essential features, enabling traders to stay connected to the markets at all times

How to Use MT4 on N1CM Broker

MT4 is an easy-to-use trading platform. Using mt4 on N1CM is very simple and straightforward. Here are the steps.  

Step 1: Account Setup:

• Create an Account: If you haven’t already, sign up for an account on N1CM. Follow the registration process and provide the necessary information.
• Account Verification: Complete the account verification process by submitting the required documents, ensuring compliance with regulatory standards.

Step: 2 Download and Install MT4:

• Access N1CM Website: Login to your N1CM account through the official website.
• Visit to MT4 Section: Locate the section related to MetaTrader 4 on the N1CM website.
• Download MT4 Platform: Download the MT4 platform from the provided link.
• Install MT4: Follow the installation instructions to install the platform on your computer.

Step 3: Login to Your MT4 Account:

• Launch MT4: Open the installed MT4 platform on your computer.
• Login Credentials: Enter your N1CM account credentials (username and password) provided during the account registration process.
• Server Selection: Choose the appropriate N1CM server from the list.

Step 4: Explore the MT4 Interface:

• Market Watch: View available instruments and their real-time prices in the Market Watch window.
• Charts: Open charts for different financial instruments. Customize chart settings, and timeframes, and add technical indicators.
• Order Execution: Execute trades using the ‘New Order’ window. Specify trade parameters, such as volume, stop-loss, and take-profit levels.

Step 5: Use of Trading Tools:

• Technical Analysis: Leverage the advanced charting tools for technical analysis. Add indicators, trendlines, and other analysis tools to enhance your decision-making.
• Expert Advisors (EAs): Explore and use Expert Advisors for automated trading. Install EAs or create your own to automate trading strategies.

Step 6: Monitor and Manage Trades:

• Trade Management: Monitor open positions, view account history, and manage trades using the ‘Trade’ and ‘Account History’ tabs.
• Modify Orders: Adjust stop-loss and take-profit levels or modify existing orders directly from the platform.

Step 7. Mobile Trading (Optional):

• Download Mobile App: If desired, download the MT4 mobile app on your smartphone or tablet.
• Login to Your Account: Use your N1CM account credentials to log in to the mobile app.
• Trade on the Go: Manage your trades, monitor the market, and execute orders from your mobile device.

Step 8: Customer Support and Resources:

• N1CM Support: Reach out to N1CM customer support for any platform-related queries or assistance.
• Educational Resources: Explore educational materials and resources provided by N1CM to enhance your trading knowledge.

Frequently Asked Questions (FAQs)

What is N1CM?

Founded in 2017, N1CM is an online forex and CFD broker. It is an unregulated forex broker that offers 200+  instruments including forex, indices, commodities, shares, cryptocurrencies, and precious metals. The broker allows all trading styles including scalping, hedging, news trading, etc. The maximum leverage of N1CM is as high as 1:1000. To know more about N1CM broker, you may read our review about NICM.

What is MT4?

MT4, short for MetaTrader 4, is a powerful and user-friendly electronic trading platform widely used by forex traders around the world. It offers a comprehensive suite of tools for technical analysis, automated trading through Expert Advisors (EAs), customizable indicators, and real-time market data. MT4 is renowned for its stability, versatility, and reliability

Does N1CM offer an MT4 Demo Account for Free?

Yes, N1CM provides traders with the opportunity to explore the features and functionality of the MT4 platform through a free demo account. 

What is the timezone of N1CM MT4?

The server time zone for N1CM MT4 follows Greenwich Mean Time (GMT), with adjustments made for daylight saving time. During the winter months, the server time is GMT+2, while during the summer months, it is GMT+3. 

Can I Use Expert Advisors (EAs) with N1CM MT4?

Yes, traders can utilize Expert Advisors (EAs) with N1CM MT4. EAs are automated trading programs that execute trades based on pre-defined criteria and algorithms

What is the Minimum Amount I Can Deposit for N1CM?

The minimum deposit required to open an account with N1CM is $1(Cent), $10 (Standard, ECN). This low barrier to entry enables traders of all budget sizes to participate in the forex market and access the platform’s features and services.

Where is the Headquarters of N1CM Located?

N1CM is headquartered in Kumul Highway, Port Vila, Vanuatu. 

What Types of Accounts Does N1CM Offer?

N1CM only offers ECN accounts on MT4. 

Is N1CM MT4 Available for MAC Users?

Yes, N1CM MT4 is available for MAC users. Traders using MAC computers can easily download and install the MT4 platform to access the full suite of trading features.

Is N1CM MT4 Available on Android Devices?

Yes, N1CM MT4 is available on Android devices. Traders can download the mobile app from the Google Play Store and enjoy the convenience of trading on the go.

Does N1CM Offer Mobile Trading on MT4 Platforms?

Yes, N1CM offers mobile trading on MT4 platforms. Whether on Android or iOS devices, traders can use the MT4 mobile app to manage their trades, monitor the market, and execute orders from anywhere.

What Instruments Can I Trade on N1CM MT4?

On N1CM, traders have access to a diverse range of instruments including forex (50+),indices (10+),commodities,shares,cryptocurrencies. This allows for a comprehensive trading experience across various financial markets.

Final Thoughts:

N1CM uses MT4 as its trading platform. MT4 is one of the most popular and widely used trading platforms in the forex work. Metatrader is known for its user-friendly interface and advanced tools. It facilitates online trading in various financial markets. Metatrader platforms offer features like chart analysis, automated trading through Expert Advisors, and accessibility across multiple devices

Disclaimer: Trading forex and CFDs comes with the risk of losing your trading capital. Moreover, trading with offshore forex  brokers like N1CM puts your funds at higher risks