IC Markets is a Leading Forex CFD Provider that was first established back in 2007. IC Markets is one of the best choices for those who do AUTO Trading. The broker provides a fast order execution under 40ms, Low latency fiber optic, an Equinix NY4 server, and Free Low latency collocated VPS available.
IC Markets claims that it is the largest FX CFD Provider in the world by Forex volume of US$950 BILLION. The broker serves over 180,000 clients all over the world.
IC Markets Regulations
IC Markets is considered a safe broker as it is regulated by top tier financial authorities such as;
- The Australian Securities and Investments Commission (ASIC),
- The Cyprus Securities and Exchange Commission (CySEC),
- The Seychelles Financial Supervisory Authority (FSA).
Opening IC Markets Trading Account
IC Markets is a global Forex CFD Provider, accepting customers almost from all over the world, with exceptions including The United States of America, Canada, and Israel. The minimum amount required to open an IC Markets trading account is $200. The trading accounts come with 10 base currencies, including; EUR, USD, GBP, AUD, SGD, NZD, JPY, CHG, KHD, CAD.
IC Markets provides RAW Spread Trading Accounts, which is the real key player with Spreads from 0.0 Pips. The broker offers 3 main Trading Accounts;
- cTrader Trading Account,
- Raw Spread Trading Account,
- Standard Trading Account.
The broker does offer an Islamic Account ” known as Swap-Free Account” available on the 3 types of trading accounts.
Opening an IC Markets trading account is quick, easy, and digitized.
- Basic data ” Full name – country – email – phone number – address – date of birth.
- Choose an account type and trading platform.
- Determine the base currencies.
- Leverage size.
- Some questions regarding your level of trading experience.
- Verify your identity.
Spread & Funding Your Account
IC Markets offers its clients a great service and many options to transfer the money. Most of these payment methods are instant, and the broker charges $0 fees for the deposit and withdrawal. You can choose the payment method which is much coinvent for you;
- International bank transfers,
- Credit and debit cards
- China Union Pay
- BPay “For Australians”
- Vietnamese Internet Banking
- Thai Internet Banking
* A high fee of $20 applies for International Bank Transfers.
IC Markets offers a competitive pricing structure among the other brokers in the industry. As the EUR/USD just starts from 0.1 pips.IC Markets offers tight spreads on the trading platforms, MT4, MT5, and cTrader; with their 25 different liquidity providers, IC Markets ensures that their Spreads Structure remains TIGHT.
Raw Spread Trading Accounts have no minimum spread, The EUR/USD from 0.0 pips. IC Markets offers one of the best and tightest spreads among the other brokers in the industry, as the average spread is 0.1 pips. There are no limits on trading size; you can start as low as 0.01 lots. You can use higher leverage up to 1:500 according to your trading strategy.
IC Markets offers a wide range of trading instruments, including over 60 currency pairs, 23 Indices to trade on, Over 19 commodities, 200+ stocks from ASX, Nasdaq & NYSE, Over 6 Bonds available to trade, and cryptocurrencies.
IC Markets User Experience
IC Markets offers its clients a wide range of trading different markets, including Forex CFD, Indices CFD, Commodities CFD, Stocks CFD, Bonds CFD, Crypto CFD, Futures CFD.
The broker provides its clients the ideal trading environment experience as it does support MT4, the traditional trading platform, as well as MT5 and cTrader. IC Markets has done great work with their partners to provide a great experience and take you to the next level of trading on MT4.
- Alarm manager
- Correlation Matrix
- Correlation Trader
- Trade Terminal
- Market Manager
- Mini Terminal
- Sentiment Trader
- Session Map
- Excel RTD
- Stealth Orders
- Tick Chart Trader
The IC Markets offers the Multi-Account Manager. One of the premier services that allows you to handle and manage the client’s investments. Your dashboard is a way flexible and informative, with real-time reports, tools, great support. You can know all about it by visiting this page.
IC Markets Customer Support
IC Markets provides its clients with customer support to answer any inquiries you may have. You can reach technical support through a phone call, live chat, or browse their blog and FAQs, where you can look for what you want. You can choose your native language to communicate from among the languages
The customer support is available 24/5 from Monday to Friday. The languages
IC Markets Final Thought
The IC Markets has great customer support. You get contacted by their representative in a short time and receive informative answers. IC Markets is a key player in the industry, providing the best trading experience, Tight spreads, Fast execution, and advanced MT4 tools to excel in your trading.
IC Markets is considered a safe broker with over 18,000 clients all over the world; the broker is regulated by high-level financial authorities such as; ASIC, CySEC, and FSA. The broker offers a wide range of trading instruments including, Forex, Indices, Commodities, Stocks, Bonds, Crypto, and Futures.