IC Marketsis one of most rated forex broker brand in the world of CFDs Trading. We offer Forex, CFD, indices, commodities, cryptocurrency trading on raw spread from 0.0 pips.
offers the following underlying assets for trading:
Based on Bitcoin, Bitcoin Cash, Dash, Ethereum, Litecoin.
Based on baskets of different blue-chip stocks.
Based on US Dollar Index, US Volatility Index.
Based on Gold, Silver, Palladium and Platinum.
Based on Crude Oil (WTI, Brent) and Natural Gas.
Based on Coffee, Corn, Soybean, Sugar and Wheat.
Based on US, UK, JP, German and Italian government securities.
This is the most popular trading platform not only forIC Marketsbut for trading brokerages around the world. The platform utilizes one-click trading solutions, a variety of technical indicators, advanced charting tools, and a range of Expert Advisors (EAs) for automated algorithmic trading. Also, theMT4trading platform allows for a variety of advanced order types and has lightning fast execution speeds.
This platform is the most recent addition from theMeta Traderplatforms. It has not gained as much adoption and popularity asMeta Trader4, but it is the upgraded and improved upon version of theMT4platform. It features flexible lot sizing, flexible funding and withdrawal options, tight spreads, market depth, and more.
ThecTraderplatform was made specifically for anECNtradingenvironment that utilizes the automated trading software. With this platform, traders have three options when it comes to implementing automated trading; ZuluTrade, Myfxbooks AutoTrade and Signal Traders mirroring technology.
IC Marketsfeatures an account type for literally every type of trader. No matter if youre just starting out or are an experienced veteran,IC Marketshas a trading account for you. All of the available trading accounts areTrueECNaccounts and have the same access to a large product range and variety of trading platforms. See the trading accounts overviewed in detail below.
This trading account features the suite ofMeta Traderplatforms and features spread from 0 pips, commissions of $3.50, 1:500 leverage, and is most suitable for Expert Advisors (EAs) and scalpers.
ThecTraderplatform was built and designed to operate specifically in a TrueECNenvironment and therefore has an account dedicated to using just thecTraderplatform. This account feature spreads from 0 pips, ultra-fast order execution, 1:500 leverage, $3.00 commissions and a strictSTP environment. This account is most suitable for day traders and scalpers.
Thistrading accountis most suitable for discretionary traders and features spread from 1 pip,zero commissions, 1:500 leverage, and the suite ofMeta Traderplatforms.
ThoughICMarketswas established in 2007, they only became regulated 2 years later in 2009 by the Australian Securities & Investments Commission (ASIC) under license number 335692. Also,IC Marketsholds an Australian Financial Services Licence (AFSL) which allows them to legally operate a financial services business in Australia. Another regulatory aspect ofIC Marketsthat protects clients is their membership with the Financial Ombudsman Service (FOS). This membership provides traders with an added layer of protection if there are any disputes between the client and the brokerage.
IC Markets AU located in Australia, regulated by the Australian Securities and Investments Commission (ASIC).
IC Markets SEY located in the Seychelles, regulated by the Seychelles Financial Services Authority (SFSA).
IC Marketsoffers trading in all major currency pairs, as well as CFDs based on many global stock indices, commodities like gold, silver, oil, and natural gas, bonds, and individual stocks, all with tight spreads as compared to many competitors. The EUR/USD, the most popular currency pair in the forex market, trades with an average spread of only 0.1 pips, and can occasionally be traded with a 0.0 spread.
The high leverage offered byIC Marketsis also a strong selling point compared to European brokers, with a leverage of up to 1:500 offered to traders.
The broker is truly international and offers traders accounts in ten different base currencies, includingUSD, AUD, EUR, GBP, SGD, NZD, JPY, CHF, HKD, and CAD.
Account types are tailored to the trading platform the user chooses to go with, with an initial deposit requirement of USD 200 or equivalent in another currency across all account types. Traders can further choose to go with an account type that offers wider spreads with commission-free trading, or a commission-based account with very tight spreads.
IC Marketsis known to provide very competitive commissions and fees. For instance, on the standard account, there are no commissions charged but the spread is marked up by 1 pip above the interbank rates. On the TrueECNandcTraderaccounts, there is a commission of around $3 per standard lot round turn and spreads are variable and start from 0.0 pips.IC Marketsspreads can be so low because they receive quotes from over 50 different banks and dark pool liquidity sources. Therefore,IC Marketsprovides traders with an ideal environment for day trading and scalping. Additionally, while trading CFDs there are no additional fees or commissions charged on all types of trading accounts.
IC Marketsoffers their traders a wide variety of deposit and withdrawal methods for a number of currencies to suit a wider variety of traders needs. The currencies in which can be deposited and withdrawn include;AUD, USD, EUR, CAD, GBP, SGD, NZD, JPY, HKD, and CHF. See below, the availabledepositandwithdrawalmethods.
Withdrawalscan be made via many of the same methods that are listed above and will be generally processed within the same working day. Withdrawals are generally free of charge, but international bank wire withdrawals come with a fee of around $20 AUD.
Unfortunately,ICMarketsdoes not offer their traders any form of promotional bonuses for trading or signing up to for a new trading account.IC Marketsprovides their traders with favorable trading conditions and exceptional service, so they do not feel the need to entice traders with bonuses or promotions.
One of the thingsIC Marketsexcels in is their exceptional level of customer support. SinceIC Marketsis an international online trading brokerage, they provide multilingual support to their clients 24 hrs a day, 5 days a week. The support methods available to traders include live chat, email, telephone, and through the brokers various social media channels. Additionally, traders can find loads of helpful information on the websites extensive FAQ page and education center.
Yes.IC Marketsis licensed and regulated by the Australian Securities & Investments Commission (ASIC) under license number 335692.
IC Marketsis based out of Australia at Level 6 309 Kent Street Sydney, NSW 2000.
IC Marketsmakes its money by charging traders small spreads on the trades they executed through the broker. Also, for theECNtrading accounts, the brokerage collects a small commission on each trade.
Deposits can be made via the following methods; Credit and Debit Cards, Bank Wire Transfers, Broker to Broker transfers, Branch Cash Deposit, BPay Deposit, PayPal, Skrill, Neteller, WebMoney, QIWI, China Union Pay, FasaPay, and POLi.
Withdrawals can be made via most of the same methods as deposits.
To open an account withIC Markets,all you must do is fill out the application form via theIC Marketswebsite, provide them with your personal identification information, and fund your account with a minimum of $200.
Yes.IC Marketshas been competently offering trading services since 2007.
Yes,IC Marketsuses theMeta Trader4 andMeta Trader5 platforms.
The maximum leverage provided byIC Marketsis 1:500.
No.IC Marketsis not a scam as it is licensed and regulated in Australia and has a viable reputation among traders.
IC Marketsis a safe broker as it is compliant with all regulatory requirements and uses the latest encryption technology to keep your personal information safe. As well, they have years of experience operating in the online trading industry.
After reviewingIC Markets,we have come to the conclusion that this broker lives up to the hype and is a great option for traders. They offer competitive commissions and fees, offer a wide variety of investment products that both experienced and beginner traders are happy with, and they feature a selection of sophisticated trading platforms. Also,IC Marketsis a very well established trading brokerage who is highly regulated and has an excellent reputation in the online trading industry. Overall,IC Marketsis a viable online trading solution thats suitable for nearly every type of trader.
Risk Warning: Trading Derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved, and seek independent advice if necessary.
This is not an official IC Markets page, we are a third party recruiter that has partnered with IC Markets to recruit clients to them