IC Markets Review

IC Markets is true ECN forex brokers from australia, IC Markets is a company with the best execution service and super tight spreads. Founded in 2007, IC Markets company has a proven track record so far. There has never been a complaint from a trader who circulated so far. The secret of the IC Markets broker is that it provides true ECN market access and has very profitable trading fees for traders with the best technology in trading.

The safety of client funds is a top priority at broker IC Markets. Customer funds are managed separately from corporate funds at the Australian National Bank (NAB). In addition, to ensure fast order execution and no requotes when transacting, the IC Markets broker has many large liquidity providers involved, this shows the high level of seriousness of IC Markets. IC Markets understands customer retention involves a combination of tighter spreads, cutting-edge technology, fast trade execution and high-quality customer service.

IC Markets Broker review

# Is IC Markets Broker Have Tight Spread ?

IC Markets provides many fantastic and attractive features for traders who want to profit from using the market. The trading platforms include MetaTrader4, MetaTrader5 and cTrader. Having tight spreads and low commissions are the advantages of this forex broker, spreads from 0 pips and a commission of $ 7 per standard lot make IC Markets one of the best ECN brokers today. There are 3 types of trading accounts provided by icmarkets, they are Standard , Raw Spread and cTrader accounts. Each live account has a low minimum deposit of 200 USD with a maximum leverage of 500: 1 and 64 currency pairs to trade. in addition there are more than 232 different assets available including forex CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs, Bond CFDs, Crypto CFDs, Futures CFDs

IC Markets Trading Product

# IC Markets Account Types

  • Demo Account
    The IC Markets demo account has no expiration date unless you are inactive for 30 days. The demo account can be used to test trading conditions at broker ic markets, before you use a live account, this demo account is suitable for testing your trading strategy.
  • Standard Account
    This Standard Account does not charge any commission on trades, spreads from 1 pips without trading commission are good trading conditions for traders. Standard account in IC Markets is a True ECN account type. On standard accounts the minimum deposit is $ 200 and the maximum leverage is 1: 500
  • Raw Spreads
    The Raw Spreads account is for traders who are more professional and have high trading volume. Raw Spreads accounts have tight spreads starting from 0 pips and this is the best option for you scalpers. However, this raw spread account comes with a standard 7 USD round turn lot commission and has a maximum leverage of 1: 500

# IC Markets Account Comparison

ACCOUNT TYPE STANDARD RAW cTRADER
Minimum Deposit $200 $200 $1000
Maximum Leverage 1:500 1:500 1:500
Minimum lot size 0.01 0.01 0.01
Size per lot 100.000 Unit 100.000 Unit 100.000 Unit
Increment 0.01 0.01 0.01
Account currency USD, EUR USD, EUR USD, EUR
Commission No $7 $6
Spreads From 1.0 Pips From 0.0 Pips From 0.0 Pips
Decimal Price 5 Digits 5 Digits 5 Digits
Execution Market Market Market
Margin call 50% 50% 70%
Stop out 20% 20% 40%
Free swap Yes Yes Yes
Instrument Forex, Metals, CFDs Forex, Metals, CFDs Forex, Metals, CFDs
Trading Platform MT4, Web Trader, Android, iOS, cTrader MT4, Web Trader, Android, iOS, cTrader MT4, Web Trader, Android, iOS, cTrader

# IC Markets Regulation and Safety

Is ic markets legit or scam broker ? you can find out more about ic markets broker regulation. The company regulation by an official authority is essential for increasing the safety and reliability of online trading. The license provides the trader with confidence that the broker has been monitored and complies with the regulations that underpin it. Because one of the conditions for obtaining a license is that IC Markets must comply with regulatory rules and requirements. Violating the requirements set by the regulator will mean direct losses for the broker. Therefore fraud can be avoided by this license.

IC Markets is a regulated and licensed forex broker, currently this broker from Australia has regulations and licenses from ASIC (Australian Securities and Investments Commission),  CySEC ( Cyprus Securities and Exchange Commission ) and the FSA ( Financial Services Authority ) Seychelles. ASIC license 335692 , CySEC Registration no: 362/18 and FSA Seychelles registered number: 8419879-2 ( Raw Trading Ltd ).

# IC Markets Trading Platfoms

IC Markets offers their clients trading via the popular platforms cTrader, metatrader 4 and metatrader 5. The cTrader platform is a device that runs on a browser whereas metaTrader 4 and 5 are downloadable platforms for both desktop and mobile devices on android and iOS.

# Deposit and Withdrawal Options

There are many methods to make deposits and withdrawals at broker ic markets, client can deposit by Neteller, Paypal, Credit/Debit card, Skrill, Moneybookers , Qiwi, Webmoney, China Union Pay, FasaPay, Bank wire transfer, Bpay and Bank wire. Most deposits are completed immediately without any fees on deposit. To make a withdrawal, a client can use the same method when making a deposit, mostly withdrawal are completed in 1 day ( 24 hours ). IC Markets also does not charge any additional withdrawal fees. IC Markets has no inactivity fees. However, it is important for traders to know that a client’s account will be archived if there is no balance and the account has not been used for more than six months.

# IC Markets Customer Support

IC Markets has a support department that operates 24/7 to assist their customers. Customers can contact them by phone, email and live chat. The languages available are English, Arabic, Ukrainian, Portuguese, Russian, Spanish, Urdu, Greek, Chinese, Korean, Romanian, Italian, Vietnamese and Czech.

IC Markets Live Support

# Advantages of trading at IC Markets

The IC Markets broker has many advantages that are favored by traders around the world. What are the advantages of trading at the IC Markets broker? here’s what you need to know

  • Customer Support
    There is 24/5 hour live assistance and you can reach them by phone, email and live chat
  • Separate Account
    To increase the security of customer funds, IC Markets also provides separate accounts
  • Negative Balance Protection
    IC Markets provides negative balances for clients.
  • Educational Content
    IC Markets provides a wide range of forex analysis, webinars, forex news and daily market analysis which can be easily accessed on their website.
  • Deposits and Withdrawals
    IC Markets does not charge fees for deposits and withdrawals
  • Leverage Up to 1: 500
    IC Markets provides clients with a leverage of 1:30 to 1: 500.
  • Tight Spreads
    IC Markets provides tight spreads from zero spreads on Razor accounts.

# Conclusion

IC Markets is best ecn brokers that offers clients the best trading conditions and fast execution technology. IC Markets has ASIC, CySEC and FSA Seychelles regulations, high quality customer support and the ease of depositing and withdrawing by various methods. IC Markets offers more than 232 different assets available for trading using the popular metatrader 4 and 5 platforms. If you are new to trading or professional, IC Markets offers the best support and fast execution, IC Markets is the right choice.

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