“IC Markets offers a suite of trading platforms, accounts and services that offer unique advantages to both beginner and advanced traders.”
From our observations, the services offered by IC Markets are suitable for both beginner and advanced traders. Having access to a wide range of trading platforms with video tutorials, a free demo trading account, a large educational library and 24/7 Live Chat support can help beginner traders to get started on their journey.
Advanced traders will enjoy the multi-platform offering across desktop, web and mobile, from MetaTrader 4, MetaTrader 5, cTrader and additional trading features such as social trading with ZuluTrade and MyFXbook. Users can also access commission-free or commission-based trading accounts.
Scalpers and algo traders will particularly appreciate the ‘no restriction and no re-quote’ environment offered by the IC Markets ECN account providing an average 0.1 pip spread on EUR/USD. The server location will also help high-frequency automated traders receive the best possible execution.
Is IC Markets regulated?
Yes, IC Markets is regulated by the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission and the Seychelles Financial Services Authority (FSA).
Where is IC Markets based?
IC Markets is based at Level 4 50 Carrington Street, Sydney NSW, 2000 AUSTRALIA.
How does IC Markets make money?
IC Markets makes money through spreads, swaps and commissions on certain trading accounts and instruments.
How do I deposit in IC Markets account?
Funds can be deposited into a trading account through a variety of mediums, including credit and debit cards, PayPal, Neteller, Neteller VIP, Skrill, UnionPay, Wire Transfer, Bpay, FasaPay, Broker to Broker, POLI, Thai Internet Banking, Rapidpay, Klarna, Bitcoin Wallet (for BTC deposits) and Vietnamese Internet Banking.
What is the min. deposit for IC Markets?
The minimum deposit to open a trading account is $200.
How do I withdraw money from IC Markets?
Withdrawals can be made from IC Markets through the ‘Secure Client Area’ found on their homepage and can be withdrawn to credit and debit cards, as well as PayPal, Neteller and Skrill for instant processing.
What is the max leverage in IC Markets?
The maximum leverage offered by IC Markets is 500:1 across all three account types.
How do I open an account with IC Markets?
An account can be opened at the click of a button on the IC Markets website and can be done in just four steps.
Does IC Markets use MetaTrader?
Yes, IC Markets does offer MetaTrader 4 and MetaTrader 5.
“IC Markets (International Capital Markets) is a regulated Forex ECN and CFD broker headquartered in Australia, offering to trade on more than 236+ financial instruments across Forex, Commodities, Indices, Bonds, Cryptocurrency, Stocks and Futures on the MetaTrader 4, MetaTrader 5 and cTrader platforms for desktop, web and mobile.”
IC Markets was founded in Sydney, Australia, in 2007 and is regulated by the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), as well as the Seychelles Financial Services Authority (FSA).
The broker offers three core trading accounts called Raw Spread (cTrader), Raw Spread (MetaTrader) and a Standard Account (MetaTrader). Spreads start from zero pips on the Raw Spread accounts with commissions-payable. The Standard Account offers commission-free trading with spreads from just one pip. The broker also offers demo trading accounts and Islamic swap-free accounts.
While the broker offers services and features designed for both beginner and professional traders, the company promotes themselves as the ‘go to’ choice for high volume traders, scalpers and trading algos due to their New York Equinix NY4 data centre – processing over 500,000 trades per day. The broker also offers additional trading features such as social trading integration with ZuluTrade and MyFXbook.
- ASIC, CySEC and FSA regulated, offering high transparency with client trading funds segregated and held with named tier one banks.
- Commission-free trading accounts available and commission-based trading accounts available with spreads from 0 pips.
- More than 236 tradable assets across Forex, Stocks, Commodities, Indices, Bonds and Cryptocurrency markets.
- A wide range of trading platforms available including MetaTrader 4, MetaTrader 5 and cTrader.