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IC Markets review: Founded in 2007 as Australian based, owned, and ASIC regulated True ECN forex broker. They are legit broker that have been doing the job of a middle man between the retail and institutional traders, there by market friendly to all.
IC Markets has been rated as one the best forex brokers in world due to their good job in providing trading solutions for active day traders and scalpers as well as traders that are new to the forex market.
IC MARKETS REVIEW ON ACCOUNT TYPES
c Trader ECN
Range of Markets
IC Market Trading Platform
In the process of our ic markets review; We noticed that they offer different trading platforms and account types.
However, IC Markets has a few simple choices in platforms and account types. It is possible to use the c Trader platform on your desktop, smartphone or even the browser based version. c Trader is a easy to use platform with a lot of extra’s such as Level II pricing, clear charts, indicators. see below.
MetaTrader 4 & 5
MT for Mac
and cTrader cAlgo
MAM / PAMM
Virtual Private Server
MT4 Advanced Trading Tools
We are not just writing good review about IC market because we have personal interest but because we cannot afford not to be honest and sincere which have been the ultimate aim of this website. The good things we are to tell you about IC market will start from spreads IC Markets offers some of the best spreads in the retail forex industry. Click the image below
Trading with a forex broker traders can trust is crucial to success. Unfortunately, forex fraud and scams are common in the industry and this we have few brokers on our table.
|IC Markets Review|
|Publicly-Traded Company (Listed)||Noues|
|Regulated in Major Hub||YYes|
|Regulated in Emerging Hub||No|
|Authorised in the European Union||No|
|CFTC Registered (USA)||No|
|FCA Regulated (UK)||No|
|IIROC Authorised (Canada)||No|
|FINMA Authorised (Switzerland)||No|
|ASIC Authorised (Australia)||yesYes|
|SFC Authorised (Hong Kong)||No|
|MAS Authorised (Singapore)||NoNo|
|FSA Authorised (Japan)||NoNo|
|FMA Authorised (New Zealand)||NoNo|
|CySEC Authorised (Cyprus)||NoNo|
Offering of Investments
The following table summarizes the different investment products available to IC Markets clients.
|Minimum Initial Deposit||$200|
|Currency Pairs (Total Forex pairs)||63|
|CFDs – Total Offered||41|
|Exchange Traded Securities: US||NoNoNo|
|Exchange Traded Securities: International||NoNo|
|Cryptocurrency traded as actual||NoNo|
|Cryptocurrency traded as CFD||yesYesYesv|
Deposit & Withdrawal
In the process of our IC Markets review, we equally noticed that they offers their traders a wide variety of deposit options in 10 different currencies. These include AUD, USD, EUR, CAD, GBP, SGD, NZD, JPY, HKD, and CHF. As for deposit options, they include Credit and Debit Cards, Bank Wire Transfers, Broker to Broker transfer, Branch Cash Deposit, BPay Deposit, PayPal, Skrill, Neteller, WebMoney, QIWI, China Union Pay, and FasaPay.
Most of these deposit methods are instant and can be done with multiple currencies.
Ic markets review on Withdrawals
Withdrawals can be made via many of the same methods as deposits. Domestic bank transfers and e-wallet withdrawals can be processed within the same business day and are free of charge. As for international withdrawals, they can take up to 3-5 business days and cost $25 AUD.
TOTAL FEES ATTACHED
IC Markets doesn’t charge inactivity fees*
IC Markets doesn’t charge withdrawal fees*
Overnight fees & swap rates
The rollover fee for long positions on EUR/USD is -$5.21
The rollover fee for short positions on EUR/USD is $4.97.
Having shared the above information, in our ic markets review, we are to say that any fraudulent activity relating to this forex broker should immediately report to us. we advice that you be careful with anyone that will claim to be an IC market broker, and report such case to us as well. This is a tangible reason why you should go through our link and we’ll have you have upper hand in the company. See other recommended brokers here as you remain blessed and always successful in your endeavors.