For beginner traders, a wide range of MetaTrader and cTrader video tutorials can be found on the IC Markets YouTube page.
Trading Experience
“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, as well as the large range of asset classes on offer and the ability to trade with ultra-low spreads through an IC Markets True ECN account.
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.
FAQ
Is IC Markets regulated?
Yes, IC Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Seychelles Financial Services Authority (FSA).
Where is IC Markets based?
IC Markets is headquartered in Sydney, Australia, as well as the Seychelles.
How does IC Markets make money?
As IC Markets offer a Straight Through Process (STP) and ECN trading environment, the broker makes money through spreads, swaps and commissions on certain trading products 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Withdrawals can be made from IC Markets through the ‘Secure Client Area’ found on their homepage and can be withdrawn to credit and debit cards, as well as PayPal, Neteller and Skrill for instant processing.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, MetaTrader 5, MetaTrader Web Trader and the MetaTrader mobile app.
Conclusion
“IC Markets provides a competitive and unique offering across a wide range of asset classes that are suitable for both beginner and advanced traders, with more offerings suited to the advanced high-volume and automated trader.”
IC Markets offers three different account types called True ECN cTrader, True ECN MetaTrader and the Standard Account. Each of these come with unique benefits and advantages such as commission free trading on the Standard account and institutional grade spreads on the ECN accounts, along with 24/7 Live Chat support in multiple languages.
Clients of IC Markets have the ability to trade on more than 236 Forex, CFD and Futures markets across Forex, Stocks, Commodities, Indices, Bonds and Cryptocurrencies and on a wide range of trading platforms. This includes MetaTrader 4, MetaTrader 5 and cTrader which are available to use across desktop, web and mobile. IC Markets also allows social integration with ZuluTrade and MyFXbook.
The broker also offers a wide variety of research tools and educational resources through their online blog. This includes Web TV, providing analysis and trading commentary direct from the floor of the New York Stock Exchange, as well as weekly outlook posts and educational resources.
Here are some of the main features of trading with IC Markets:
Full regulation from the Australian Securities and Investments Commission (ASIC) and the Financial Services Authority of Seychelles (FSA). High transparency with client trading funds segregated and held with named tier one banks.
- Three account types including True ECN cTrader, True ECN MetaTrader and the Standard Account offering a variety of institutional grade spreads and commission-free trading on certain markets.
- More than 236 tradable assets across Forex, Stocks, Commodities, Indices, Bonds and Cryptocurrency markets via Forex ECN, CFDs and Futures products.
- A wide range of trading platforms including MetaTrader 4, MetaTrader 5 and cTrader that are accessible on Windows, Mac, Web, iOS and Android operating systems.
