IC Markets is international ecn forex broker from Australia that has been around since 2007 until now. The company was founded in sydney australia by experienced professionals in finance. IC Markets offers an online CFD forex trading platform, enabling traders from all over the world to trade quickly and conveniently on the IC Markets brokerage platform.
Offering tight spreads IC Markets presents themselves as an True ECN broker, so they are highly recommended for both beginner and experienced traders looking for faster execution and tighter spreads. IC Markets is regulated by ASIC, FSA Seychelles, SCB and CySEC , they are offers the MetaTrader 4, MetaTrader 5 and cTrader platforms.
IC Markets provides state-of-the-art technology for trading, low-latency connectivity and the best liquidity and high-quality customer service for all its users. So that these trading conditions are in great demand by traders in the world.
IC Markets Account Types
The ic markets broker offers a wide variety of trading accounts that are ideal for both beginner and professional traders. With a low minimum deposit of $200 and a maximum leverage of 1:500 and spreads starting from 0.0 pips, the ic markets trading account type is ideal for traders with both daily and scalping strategies.
# IC Markets Standard Account is suitable for beginner traders with low trading volume. This type of trading account spreads from 0.6 pips and there is no trading commission
# IC Markets Raw Spreads Account is suitable for profesional traders with high trading volume. This type of trading account spreads from 0.0 pips with trading commission $7 per lot standard. For traders using EA, it is highly recommended to use this type of trading account.
# IC Markets cTrader Account is suitable for profesional traders with high trading volume. This type of trading account spreads from 0.0 pips with trading commission $6 per lot standard
The following is a comparison of the types of ic markets trading accounts
| Feature | cTrader | Raw Spreads | Standard |
|---|---|---|---|
| Trading Platform | cTrader | Metatrader 4/5 | Metatrader 4/5 |
| Commission (per lot) | $6 | $7 | No |
| Spreads from (pips) | 0.0 | 0.0 | 0.6 |
| Starting Deposit (USD) | $200 | $200 | $200 |
| Leverage | 1:500 | 1:500 | 1:500 |
| Server Location | London | New York | New York |
| Micro Lot Trading (0.01) | Yes | Yes | Yes |
| Currency Pairs | 64 | 64 | 64 |
| Index CFD Trading | Yes | Yes | Yes |
| Stop Out Level | 50% | 50% | 50% |
| One Click Trading | Yes | Yes | Yes |
| Islamic Accounts | Yes | Yes | Yes |
| Trading Styles Allowed | All | All | All |
| EA’s Allowed | Yes | Yes | Yes |
| Order Distance Restriction | None | None | None |
| Suitable For | Day Traders & Scalpers | EAs & Scalpers | Discretionary Traders |
IC Markets Raw Spreads account is a popular type of trading account among traders who use the trading platform of the ic market. Low trading commissions and tight spreads as low as 0.0 pips make this type of trading account ideal for both beginners and professionals. In addition, there are no restrictions on trading styles for clients, making ic markets brokers increasingly popular among world traders.
IC Markets Regulation , Is it safe to trade with IC Markets ?
Many people question the legality of ic markets brokers, IC Markets currently has licenses from several countries including ASIC, CySEC, FSA Seychelles and SCB. This means that it is overseen by the competent regulatory bodies in the countries of Australia, Cyprus, Seychelles and the Bahamas.
- International Capital Markets Pty Ltd – Regulated by ASIC AFS License No. 335 692
Registered Address : Level 4, 50 Carrington Street, Sydney, NSW 2000, Australia - IC Markets (EU) Ltd – Regulated by CySEC License No: 362/18
Registered Address : 141 Omonoias Avenue, The Maritime Centre, Block B, 1st floor, 3045 Limassol, Cyprus - Raw Trading Ltd – Regulated by FSA Seychelles License Number SD018
Registered Address : Eden Plaza, Office 209, Eden Island, Mahe, Seychelles - IC Markets Ltd – Regulated by SCB License No. SIA-F214.
Registered Address : Unit 3B, Western Road, Western New Providence Commercial Centre, Nassau, New Providence, The Bahamas
Security is a top priority at IC Markets, customer funds are managed separately from corporate funds at the Australian National Bank ( NAB ). Apart from that, IC Markets also provides negative balance protection for their customers.
Deposits and Withdrawal
Many deposit and withdrawal methods provided by ic markets, deposit via Wire Transfer, Credit/Debit Card, Skrill, Qiwi, Paypal, webmoney, Moneybookers, China Union Pay, FasaPay, Bpay, transfer between brokers. In general, deposit payments are completed quickly, usually within 12 hours. Whereas withdrawals generally require 1 working day, this depends on the withdrawal method used. If using wire transfer it takes 3-5 working days
- Withdrawal Wire transfer — Fee around USD 25
- Credit/Debit Card Withdraw— No Fee
- Australian domestic bank withdrawal — No Fee
- Withdraw via Paypal/Neteller/Skrill —No Fee
Customer Support
IC Markets has support services such as a Customer Help Center that can be accessed 24 hours and 7 days a week. Traders who have problems can contact via live chat, email and call back. For callback service, you must leave the details, the telephone number contacted by IC Markets.
IC Markets Cashback or IC Markets Rebate
The most popular lately is the IC Markets rebate service which is able to provide benefits for traders who transact with high volumes every day. By registering with this broker through a trusted IB IC Markets since 2015 which provides cashback forex, you will save more on your trading costs. Services like ours ( icmarketscashback.com ) work closely with traders who have high trading volumes. Around the world we have worked with more than 1000 active traders in ic markets broker.