IC Markets (International Capital Markets) is one of the largest Forex brokers in Australia. Traders can work with next trading instruments:
- 60 majors currency pairs;
- 17 indexes;
- Precious metals and raw materials.
Company was founded in 2007 and became one of leading brokers within a very short period of time. Providing a high quality and reliable service is key success factor of IC Markets .
IC Markets is an ECN-broker. It is unique, because its clients can use trading instruments and trade in conditions that are typical for leading investment companies.
IC Markets provides ECN-quotes directly from liquidity providers (50 banks). Such partnership allows IC Markets to provide good trading conditions to traders.
Company gives chances to trade in ECN environment with no quote manipulations, it is suitable even for most sceptical clients.
Who will choose IC Markets:
- clients with big trading volumes;
- traders who use scalping strategies and trading advisors.
Money Deposit and Withdrawa
IC Markets offers a wide range of banking and online payment tools for depositing and withdrawing funds. Among those instruments you can find:
- Cash deposit directly to the trading account. Only for Australian clients;
- Wire transfer, VISA and MasterCard debit/credit cards;
- Depositing through Moneybookers, WebMoney, BPay, China UnionPay, Neteller.
All payments are executed within the timeframes and according to rates, specified by payment systems. There are no commissions for money transfering. Payments through online systems are performed during 1 business day. Cash payments provided by banks are executed immediately. Wire transfers and money transfers through the credit/debit cards are executed during 1-3 business days.
IC Markets is a regulated broker. Its financial activities are regulated by Australian Securities and Investment Commission (ASIC). License №-335692.
Close cooperation with world’s largest banks and insurance companies allows to provide a high-level protection to clients’ assets. Company widely uses segregated accounts, opened in National Australian Bank (NAB) and Westpac.
Company’s experts developed and introduced innovative risk management programs for its clients.
Bonuses and Special Offers
IC Markets offers no bonuses and special programs.
Trading Account Types
Company’s clients can register next account types:
- True ECN;
- cTrader ECN;
You can use the following currencies to open a live account:
- Australian dollar (AUD);
- United States dollar (USD);
- Euro (EUR);
- British pound sterling (GBP);
- Singapore dollar (SGD);
- The New Zealand dollar (NZD);
- Japanese yen (JPY);
- Hong Kong dollar (HKD);
- Swiss franc (CHF);
- Canadian dollar (CAD).
Accounts have different levels of minimum deposit (for Standart and True ECN it is $200, cTrader ECN – $1000) as well as commission rates. You can find more details about trading account types on the company’s official website.
Also IC Markets allows PAMM-account registration.
IC Markets clients can trade on the most popular trading platform – МТ4. Beginners should pay attention – МТ4 ECN, developed by IC Markets, has a range of substantial modifications. Changes, made by IT experts, are not influencing platform interface, it is very convenient and user friendly. The main area of customization is order execution process.
cTrader trading platform is IC Markets’ corporate product that represents software suite, providing direct access to the market exchange quotations. Platform has following advantages:
- (Inverted) spreads;
- No restrictions for Take Profit and Stop Loss levels;
- Order execution with small latency.
Both platforms provide tight floating spreads from 0 pips.
IC Markets technical support service looks quite modest, if you compare it with modern brokers.
Traders can contact experts using multichannel phone or e-mail.
You can choose following languages:
Pros of Trading with IC Markets
The main company’s advantages are:
- Services quality;
- High performance of all trading, information and payment instruments;
- Assets security;
- Well thought-out risk management systems;
- Innovative insurance programs.
Undeveloped hot line of technical support service.
IC Markets reviews
Platon 79: I’ve been trading with IC Markets for year, and I have no complaints. I traded with other brokers before and saw different situations. It is one of the best Forex brokers. At least among ECN-brokers. I can’t remember any slippage, and this is not typical for ECN-broker.
AssueFx: Very good broker. Trading platform is great. Precise orders execution. I should mention spreads – there were cases, when I was trading with negative spread (-0,3%). I’ve never seen such thing before.
You should start from IC Markets information resource. Without a doubt every trader regardless of level of expertise will find useful information there.
Training programs are great too. Regular webinars and conferences represent good school for traders.
Talking about quality of services and other technical features – company gets A- grade. Minus is assigned for unimpressive technical support service, More precisely, for the quality of urgent assistance.