IC Markets Reviews and Ratings:
|Telephone||+61 (0)2 8014 4280|
|Regulations||ASIC, FSA, CySEC|
|Account Base Currency||USD, AUD, EUR, GBP, CAD, JPY, NZD,CHF, SGD, HKD|
|Trading Platforms||Metatrader 4/5, cTrader, Webtrader, API Trading, MAM / PAMM|
|Markets||Forex, Index CFD Trading, Precious Metals, Energy, Bitcoin|
|Funding Options||Credit / Debit Card, PayPal, China Union Pay, Bank Transfer, Bpay, Skrill, Neteller, Qiwi, Fasapay, Webmoney, Fasapay, Broker to Broker|
Overview: Australia-based, ASIC-regulated IC Markets is one of the biggest and most popular forex brokers in the world, and has a good reputation for efficient platforms and support system. IC markets had recently been also regulated under FSA and CySEC. They have offices in Sydney and Seychelles and offer a number of flexible choices for trading.
Accounts: Traders can sign up for standard accounts, Raw spread accounts, cTrader raw spread as well as Islamic swap-free accounts. All accounts are segregated with Australian banks. The IC Markets Multi Account Manager lets money managers and experienced traders enjoy reporting in the real time with fund allocation and performance monitoring through one user-friendly interface. You can trade over 200 currencies, metal and CFDs.
Minimum deposit: $200
Maximum leverage: 1:500
Features: IC Markets gives you a total of 10 platforms to trade on, including MetarTrader4, the new MetaTrader5, mobile platforms, cTrader and autotrade services like Myfxbook and ZuluTrade. These services let you copy trades in any system to your IC Markets MetaTrader 4 account, free of charge and with no need for downloads.
With their raw spread connectivity the brokers offer tight spreads, access to interbank liquidity and fast execution.
Education: News, market reviews, calendars and calculators, as well as video tutorials are available.
Deposits/Withdrawals: Deposits accepted in ten different currencies, through fourteen fund transfer and payment options. The withdrawal form is processed quickly and withdrawals are received anywhere between 1 and 5 working days. Funding methods include: Credit / Debit Card, PayPal, China Union Pay, Bank Transfer, Bpay, Skrill, Neteller, Qiwi, Fasapay, Webmoney, Fasapay, Broker to Broker
Customer service: 24/7 via online chat or email.
Is IC Markets FCA regulated ?
No. IC Markets is only regulated under ASIC which stands for Australian Securities and Investments Commission.
Is IC Markets legit ?
What makes a Forex broker “legit”? We see legitimacy as having a good reputation, years of experience and the proper regulations. IC Markets hit all these parameters. IC Markets is “legit”.
Does IC Markets accept US clients ?
The answer is no. Strict US regulation forbids US citizens to have overseas Forex accounts.
Is IC Markets a market maker ?
They are a True ECN connectivity the broker. Which makes them a ECN type broker.
IC Markets ESMA Will they be Affected ?
No. ESMA will only affect brokers within the European Union. IC Markets headquarters is in Australia and falls under the Australian regulator ASIC.