Risk Warning: Trading Derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
KEY FEATURES OF IC MARKETS
REGULATION
✔️Financial Services Authority (FSA) of Seychelles with license number SD018.
✔️Cyprus Securities and Exchange Commission (CySEC) of Cyprus with license number 362/18.
✔️Australian Securities and Investments Commission (ASIC) of Australia with AFS license no. 335692.
TRADING ACCOUNTS OFFERED
✔️Raw Spread (Meta Trader)
✔️Raw Spread (cTrader)
✔️Standard (Meta Trader)
MINIMUM DEPOSIT
✔️$200
MAX LEVERAGE
✔️1:500
BROKER TYPE
✔️ECN
FOREX EDUCATION (IC Markets Blog)
✔️Forex Trading 101
✔️Technical Analysis 101
✔️Fundamental Analysis 101
✔️Risk Management Analysis 101
✔️Trading Psychology 101
✔️Trading Plan
✔️Video Tutorials
DEPOSIT/WITHDRAWAL METHOD
✔️Bank Wire
✔️Credit Card/Debit Card (Visa, Mastercard)
✔️Online Payment Options (Skrill, Neteller, Bitcoin, ePayments, FasaPay, Poli, Rapid Pay, and UnionPay)
✔️PayPal
✔️Local Bank Transfer
CUSTOMER SUPPORT
✔️24/7 Customer Support w/ Live Chat
TRADING RULES
✔️Expert Advisor Allowed
✔️Scalping Allowed
✔️Hedging Allowed
TRADING PLATFORM
✔️MT4 & MT5 for Windows
✔️MT4 & MT5 for iPhone/iPad
✔️MT4 & MT5 for Android
✔️MT4 & MT5 for Mac
✔️MT WebTrader
✔️cTrader
✔️cTrader Web
✔️cTrader iPhone/iPad
✔️cTrader Android
✔️cTrader cAlgo
PARTNERSHIP (IB's)
✔️$2 per standard lot in Raw Spread Account
✔️0.4 pips per standard lot in Standard Account.
✔️Want to become an Affiliate and earn commission? Click here.
IS IC MARKETS A SAFE BROKER?
IC Markets is one of the leading Forex Broker in Australia and is regulated by reputable regulatory bodies such as the FSA, CySEC, and ASIC. IC Markets are reliable and operate on a strict regulatory environment which makes them a safe broker.
PROS
IC Markets offers ECN price quotes directly to their client. Live Chat support is superior when it comes to addressing your concerns. IC Markets client dashboard is minimalist and user friendly. Fast execution on MetaTrader platform.
CONS
IC Markets has no negative balance protection provided on their client. The minimum deposit is a bit higher compared to other Forex Broker. No detailed commission plan is shown on their website to attract their future partners.
HOW TO START TRADING WITH IC MARKETS?
1. Open an account here.
2. Complete the registration form.
3. Prepare at least 2 Documents for your Proof of Identification and Proof of Residency. They may request additional documents if necessary.
4. Wait for your account to be verified. Usually within 1-2 Business Days.
5. Configure your Trading Account.
6. Fund your Trading Account.
7. Download, Install then Open your MT4 Trading Platform.
8. Start Trading!
LEAVE YOUR COMMENTS BELOW OR SHARE YOUR TRADING EXPERIENCE WITH IC MARKETS!