The IC Markets Forex Broker Review

The IC Markets Forex Broker

3.3

Assets choice

2.4/10

Performance

5.5/10

Deposits & Withdrawals

6.3/10

Client support

1.1/10

Pricing

1.1/10

The IC Markets company was established in 2007 in Sydney. The broker provides 60 currency pairs, 17 indices, 19 commodities, over 100 stocks, cryptocurrencies. IC Markets holds client funds separately to company funds.

Regulation. International Capital Markets Pty Ltd (IC Markets) is the full name of the company. It is regulated by the Australian Securities and Investments Commission (ASIC). The company is headquartered in Australia.

Trading accounts IC Markets

cTrader True ECN. Leverage is up to 1:500. The following trading instruments are available: currency pairs (64), metals, as well as CFDs. Spread starts from 0 pips. Ultra high-speed execution of orders. There are no restrictions on trading. Scalping is allowed. Trading platform – cTrader. 10 base currencies to open an account.

True ECN. Leverage is up to 1:500. The following trading instruments are available: currency pairs (64), metals, as well as CFDs. Spread starts from 0 pips. Ultra high-speed execution of orders. Scalping is allowed. Trading without Dealing Desk and requotes. Trading platform – MetaTrader4/5. 10 base currencies to open an account.

Standard. Leverage is up to 1:500. There are following trading instruments on the Standard account: currency pairs (60), metals, commodities and indices. Spread starts from 1 pip. High-speed execution of orders. Scalping and hedging are allowed. Trading platform – MetaTrader4/5. 10 base currencies to open an account.

Trading platforms

IC Markets clients can use MT4, which is familiar to everyone or MT5. In addition, there is cTrader designed for True ECN. Traders can work on desktop, mobile and web versions.

Deposit and withdrawal of funds

Popular electronic payment systems, such as Neteller, China Union Pay, FasaPay, bank transfers, credit/debit cards are available for traders. Moreover, this broker offers over 15 flexible financing options in 10 different base currencies.

Additional features

Client support works 24/5. IC Markets offers MAM, that allows traders to receive a stable income without taking a direct part in trading. There is the Education section which will be useful both for beginners and serious traders. Here Forex articles, video tutorials and webinars are selected.

IC Markets also provides about 20 trading tools, which by default are not available on MT4. Among them are tick charts, alarm manager, session map etc.