IC Markets group includes 2 related companies.

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 Markets group accepts clients from all over the world, excluding USA, Canada, Iran, Yemen and some countries from the OFAC list.

Forex broker 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.

IC Markets is a forex and CFD broker that employs a no-dealing desk, ECN broker model, and operates in two jurisdictions: Australia (regulated by the ASIC) and Seychelles (regulated by the SFSA). The broker was originally founded in Sydney in 2007, and first became licensed by ASIC in 2009. It has over the years gained recognition as a leading retail-focused brokerage for forex traders worldwide.

IC Markets offers 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 by IC Markets is 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, including USD, AUD, EUR, GBP, SGD, NZD, JPY, CHF, HKD, and CAD.

Thanks to its decision to cover clients negative balances following the famous flash crash in the market for Swiss francs in January of 2015, IC Markets has gained a strong reputation as a trusted brand among many in the industry. Two years later, the broker reported record trading volumes of 343 billion USD for August of 2017.

When it comes to trading platforms, IC Markets offers its users the choice between the standard MetaTrader 4 and 5, and its own platform known as cTrader. As opposed to MetaTrader, the cTrader platform is web-based and features a great and intuitive user experience with fast order execution for traders.

Due to dedicated lines and co-located servers, latency times on the cTrader server is also extremely low at only 1 ms., which provides opportunities even for high frequency (algorithmic) traders and scalpers.

The cTrader platform further features advanced trader protection mechanisms that ensures margin requirements are always maintained, while only forcibly closing out the minimum amount necessary in order to maintain margin requirements at all times.

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.

Deposit can be made with all major credit and debit cards, in addition to the most common online money transfer services and bank wire transfers to the brokers local bank accounts in several countries. Withdrawals are processed similarly, and can be sent either to the users credit/debit card or bank account.

IC Markets doesnt disappoint with its customer service either, with live chat during market hours, an email support system, and a call-back option where the user fills in a form online to have a customer service representative call back. However, most common questions are answered in the extensive FAQ section of the website, meaning account set-up and basic trading should be relatively straightforward with this broker.

Forex trading imposes a high level of risks and is not suited for all traders and investors. As much as trading on foreign exchange markets may be potentialy profitable, it can also lead to significant losses. Ensure that you have enough trading experience, knowledge and full comprehension of potential risks involved. Most derivative contracts have high leverage and low margin requirements. Hence, rapid price movements may inflict serious financial damage or even devastate your entire trading account.