IC Markets Review

IC Markets at a glance:

Regulation : Yes (ASIC)
Minimum Deposit : $200

Demo Account : Yes
USA : No
Mobile : Yes

“General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.”

 

IC Markets

IC Markets

 

General Overview

IC Markets is an ECN Forex broker that was incorporated in Sydney Australia in 2007 by a group of professionals who were instrumental in the success of Australia’s largest Forex and CFD provider. IC Markets is extremely skilled at selecting the best possible technology solutions and handpicks the best liquidity that is available in the market. It offers its clients the cutting-edge trading platform, superior liquidity, and low latency connectivity and it has truly revolutionized itself into the online Forex trading.

IC Markets is a True ECN broker, meaning that the trader has direct access to their interbank prices feeds from over 50 different bank and dark pool liquidity providers. This allows the trader, which is you, to have the best possible prices from tier-1 banks and dark pool liquidity providers.

The offered account types are cTrader (True ECN), True ECN and standard account. The True ECN account is the most popular account type. Demo account can be used to try all of these three account types before opening a real account.

IC Markets has also quality learning materials to help you start trading with them and to gain more knowledge about trading. They have a blog, guides, video tutorials, forex calculators, economic calendar, forex glossary and a getting started section with 10 lessons. They also offer trading knowledge and info about the advantages of forex and CFDs.

Assets Coverage

IC Markets offers a carefully selected range of products 24/7. The wide variety of popular and liquid trading assets include 60 currency pairs, 17 indices, 19 commodities, over 6 bonds, 4 global futures, 5 popular cryptocurrencies and over 120 stocks & ETFs.

Types of Platforms

IC Markets offers MetaTrader 4 and 5 for Windows and Mac computers, they also offer WebTrader and a mobile version of MetaTrader for iOS and Android devices.

The cTrader platform is also available to be used in Windows computers, iOS, and Android devices. It can be used with a web browser as well. One very professional feature is also available to the cTrader platform. The cTrader cAlgo, which allows you to deploy your own C# automated trading systems on the platform. The cAlgo is only available for Windows computers.

Deposits and Withdrawals

You can fund your IC Markets account with many different ways. IC Markets accepts Visa and Mastercard credit and debit cards. They also accept PayPal, Neteller, Qiwi, Skrill and a few other e-wallets. It is also possible to fund deposit to your account with wire transfer or local bank transfer. There are a few uncommon ways to deposit to your account such as Thai internet banking, you can see the full list of their funding options from their website.

Withdrawing your funds is easy and can be done with to your card or e-wallet or the funds can be withdrawn via bank wire.

Customer Service

Customer service is available through live chat in Telegram, WhatsApp, Messenger or through their site. You can also use their support via email or request a callback. Their friendly and very helpful customer service is open 24 hours and 7 days a week. You can also try to find the answer to your question from the well-organized FAQ section on their site.

Safety & Security

IC Markets is regulated by ASIC and it’s a member of FOS. On top of that IC Markets is regulated, it follows good practices when handling client’s funds. Company and client money is kept separate from each other and the clients’ money is not used in any operational expenses or purposes. Clients’ money is also stored in

Verdict

IC Markets is an old, trusted broker with a good reputation. Their platforms and account types serve the clients very well and their knowledge base can help anyone to understand a lot about the trading industry. Making deposits and withdrawing is easy and the customer service is there to help you with everything. If you are looking for a broker that can be trusted and does their job as supposed, IC Markets is a strong candidate and a recommended broker.

 

Start Trading with IC Markets

 

 

“General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.”