1. WHAT IS IC MARKETS ?
Launched in 2007, IC Markets (International Capital Markets) is one of only a handful of true ECN brokers out there. Interestingly, despite the fact that it is now more than a decade old, the operation has not accrued many negative reviews from its users.
That said, the overwhelming majority of IC Markets’ users are indeed pleased with the services delivered by the company and that is definitely something that needs to be pointed out.
The corporate owner of the IC Markets brand is International Capital Markets Pty Ltd, as already mentioned above. The company is based in Sydney, Australia, and it is licensed by one of the world’s most exigent regulatory authorities: ASIC.
The company is obviously a registered Australian Company, its ACN number being 123 289 109. The AFSL license number of the operator is 335692.
Why Choose IC Markets:
2. IC MARKETS PLATFORM:
IC Markets is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5.
IC Markets is one of a handful of brokers that offer the cTrader platform developed for traders looking for a STP/ECN solution.
MetaTrader 4 & 5 for web, PC, MAC and Mobile.
cTrader: Trade global markets with a platform designed specifically for True ECN connectivity. cTrader’s unique design, elegant user interface and advanced features make it a favourite for discretionary Forex traders.
Myfxbook AutoTrade: This service allows you to copy the trades of any system you select directly into your IC Markets MetaTrader 4 account. With AutoTrade you don’t have to pay any volume based fees, or install any complex software.
ZuluTrade – Social Trading Platform: Choose among 100.000 talented ZULU Traders from 192 countries and follow their trading signals for FREE in your account
3. DEPOSITS AND WITHDRAWALS:
Those looking to start a trading account at IC Markets, have an impressive range of deposit methods at their disposal.
Various credit- and debit cards are accepted, as well as bank wires. Interestingly, one can also use a PayPal to deposit funds with the broker. In addition to all the above, scores of other, regional solutions can be used as well, such as Qiwi, FasaPay, BPAY, WebMoney, and Neteller. Broker-to-broker transfers are also accepted, so there can be no complaints in this regard.
4. TYPES OF ACCOUNTS:
4.1 cTrader Account:
- Trading Platform: cTrader
- Commission (per lot): $3.0
- Spreads from (pips): 0.0
- Starting Deposit (USD): $200
- Leverage: 1:500
4.2 True ECN Account:
- Trading Platform: MetaTrader
- Commission (per lot): $3.5
- Spreads from (pips): 0.0
- Starting Deposit (USD): $200
- Leverage: 1:500
4.3 Standard Account:
- Trading Platform: MetaTrader
- Commission (per lot): $0.0
- Spreads from (pips): 1.0
- Starting Deposit (USD): $200
- Leverage: 1:500
4.4 Islamic Account:
- Trading Platform: MetaTrader
- Spreads as low as 0.0 pips
- Leverage: 1:500
- 100% Shariah compliant
- No additional costs in place of Swaps
5. IC Markets Customer Support:
IC Markets excels in the area of customer support. They offering their clients multilingual support 24 hrs a day, 5 days a week via live chat, email, or through their global telephone support hotline. In addition to this, there is an informative support centre where user can find the answers to most of their questions.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more.
The general support email is support@icmarkets.com.
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