ICMarkets
TradingDominance Score™: 90/100
Our Rating:
4.9/5

Website

Headquarters

Australia

Year Established

2007

Min Deposit

$200

Max Leverage

1:500

Regulation

Australia - AU ASIC
Cyprus - CY CYSEC
The Seychelles FSA

Website

Year Established

2007

Min Deposit

$200

Max Leverage

1:500

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ICMarkets Financial Instruments
Forex
Cryptocurrencies
Stock CFDs
Commodities
Oil and Energies
Gold
Futures
Shares
Indices
Precious Metals
Other Features
Negative Balance Protection
Social Trading
Islamic Accounts (Swap-free)
Scalping Allowed
Trading API
Variable Spread
Allows hedging
Offers STP
Copy Trading
ECN or STP Execution
VPS Trading
Offers MT4
Offers MT5
Account Type
Information
cTrader Account
  • Commision: $3 per lot.
  • Maximum Leverage: 1:500
  • Typical Spread: 0.0 pips
  • Mobile Platform: cTrader
  • Trading Platform: cTrader
  • Spread Type: Variable Spread
  • Minimum Deposit: 200
  • Minimum Trade Size: 0.01 lots
  • Trailing Stops: No
  • Scalping Allowed: Yes
  • Hedging Allowed: Yes
  • Islamic Accounts: Yes
Raw Spread Account
  • Commision: $3.5 per lot.
  • Maximum Leverage: 1:500
  • Typical Spread: 0.0 pips
  • Mobile Platform: MT4 Mobile, MT5 Mobile
  • Trading Platform: MT4, MT5
  • Spread Type: Variable Spread
  • Minimum Deposit: 200
  • Minimum Trade Size: 0.01 lots
  • Trailing Stops: No
  • Scalping Allowed: Yes
  • Hedging Allowed: Yes
  • Islamic Accounts: Yes
Standard Account
  • Commision: $0
  • Maximum Leverage: 1:500
  • Typical Spread: 1.0 pips
  • Mobile Platform: MT4 Mobile, MT5 Mobile
  • Trading Platform: MT4, MT5
  • Spread Type: Variable Spread
  • Minimum Deposit: 200
  • Minimum Trade Size: 0.01 lots
  • Trailing Stops: No
  • Scalping Allowed: Yes
  • Hedging Allowed: Yes
  • Islamic Accounts: Yes
Regulators
Australia - AU ASIC
Cyprus - CY CYSEC
The Seychelles FSA
Information:
Company NameICMarkets
Year Funded2007
HeadquartersAustralia
Office Locations Australia, Cyprus, Seychelles.
Client Funds Bank(s)
Account CurrencyAUD, CAD, EUR, GBP, JPY, NZD, SGD, USD, CHG, KHD
Support Languages Arabic, English, French, German, Indonesian, Italian, Malay, Portuguese, Russian, Spanish, Vietnamese, Korean, Chinese, Czech, Croatian
Funding MethodsBank Wire, Neteller, Skrill, Bitcoin, PayPal, Credit Card, FasaPay, China Union, POLI, BPay, RapidPay, Vietnamese Internet Banking, Thai Internet Banking
Financial Instruments Forex, Cryptocurrencies, Stock CFDs, Commodities, Oil and Energies, Gold, Futures, Shares, Indices, Precious Metals
24 hour support✔️
Segregated Accounts ✔️
Islamic Accounts✔️
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo✔️
Cent accounts
Negative balance protection ✔️
Social trading ✔️
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread✔️

ICMarkets Review

,
Trading Dominance Team

TradingDominance is an Introducer for this Broker.

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.

IC Markets Review | Opening Account

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
  • PayPal
  • POLI
  • China Union Pay
  • BPay “For Australians”
  • Skrill
  • Neteller
  • Fasapay
  • RapidPay
  • Vietnamese Internet Banking
  • Thai Internet Banking
  • Bitcoin

* 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 ​​supported by IC Markets. This makes it relatively easy to explain your questions.

The customer support is available 24/5 from Monday to Friday. The languages ​​supported by IC Markets are English, Korean, French, Spanish, Russian, Czech, Italian, Chinese, Indonesian, Deutsch, Portuguese, Arabic, Malaysian, Croatian, and Vietnamese.

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.

ICMarkets Information

Company NameICMarkets
Year Funded2007
HeadquartersAustralia
Office Locations Australia, Cyprus, Seychelles.
Client Funds Bank(s)
Account CurrencyAUD, CAD, EUR, GBP, JPY, NZD, SGD, USD, CHG, KHD
Support Languages Arabic, English, French, German, Indonesian, Italian, Malay, Portuguese, Russian, Spanish, Vietnamese, Korean, Chinese, Czech, Croatian
Funding MethodsBank Wire, Neteller, Skrill, Bitcoin, PayPal, Credit Card, FasaPay, China Union, POLI, BPay, RapidPay, Vietnamese Internet Banking, Thai Internet Banking
Financial Instruments Forex, Cryptocurrencies, Stock CFDs, Commodities, Oil and Energies, Gold, Futures, Shares, Indices, Precious Metals
24 hour support✔️
Segregated Accounts ✔️
Islamic Accounts✔️
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo✔️
Cent accounts
Negative balance protection ✔️
Social trading ✔️
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread✔️

ICMarkets Account type Information

Account Type
Information
cTrader Account
  • Commision: $3 per lot.
  • Maximum Leverage: 1:500
  • Typical Spread: 0.0 pips
  • Mobile Platform: cTrader
  • Trading Platform: cTrader
  • Spread Type: Variable Spread
  • Minimum Deposit: 200
  • Minimum Trade Size: 0.01 lots
  • Trailing Stops: No
  • Scalping Allowed: Yes
  • Hedging Allowed: Yes
  • Islamic Accounts: Yes
Raw Spread Account
  • Commision: $3.5 per lot.
  • Maximum Leverage: 1:500
  • Typical Spread: 0.0 pips
  • Mobile Platform: MT4 Mobile, MT5 Mobile
  • Trading Platform: MT4, MT5
  • Spread Type: Variable Spread
  • Minimum Deposit: 200
  • Minimum Trade Size: 0.01 lots
  • Trailing Stops: No
  • Scalping Allowed: Yes
  • Hedging Allowed: Yes
  • Islamic Accounts: Yes
Standard Account
  • Commision: $0
  • Maximum Leverage: 1:500
  • Typical Spread: 1.0 pips
  • Mobile Platform: MT4 Mobile, MT5 Mobile
  • Trading Platform: MT4, MT5
  • Spread Type: Variable Spread
  • Minimum Deposit: 200
  • Minimum Trade Size: 0.01 lots
  • Trailing Stops: No
  • Scalping Allowed: Yes
  • Hedging Allowed: Yes
  • Islamic Accounts: Yes

ICMarkets FAQs

Yes, the broker offers customer support 24/7. You can get in touch with the broker's support team through live chat, by phone or by email.
Yes, ICMarkets holds clients' funds in segregated bank accounts.
ICMarkets offers Islamic accounts, also known as swap free accounts.
No, the broker accepts clients from Canada.
No, the broker accepts clients from Japan.
Yes, clients can use the demo account as long as they wish at ICMarkets.
No,ICMarkets does not offer a cent account at the moment.
Yes, ICMarkets offers negative balance protection.
Yes, the broker offer social trading services.
No, the broker does not offer any no deposit bonus.

ICMarkets Review Countries

Comments

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