IC Markets is a broker, based in Australia, whose good work is making it very popular around the world. It specializes in Forex and CFDs , but also offers the option of trading commodities or indices .
In the following paragraphs we will delve into the main characteristics of this broker , inquiring about its positive aspects and also showing the negative ones.
Is IC Markets a reliable broker?
The Australian Securities and Investments Commission ( ASIC ) covers broker IC Markets under license number 335692 . The money entrusted to him by his clients is deposited in various Australian banks such as Westpac and the National Bank of Australia (NAB).
IC Markets overview
Name
IC Markets
Business
IC MARKETS (EU) LTD
Founded in
2007
Web page
www.icmarkets.eu
License
CySEC No362 / 18
Main office
Sydney, australia
As we said at the beginning, IC Markets is gaining a lot of fame beyond the Australian borders, which gives a convincing proof that it is an entity that can be trusted. It operates in CFD markets in Europe, North America and Asia and works with investors from countries such as Spain, Argentina, Mexico or Colombia.
The fact that it is registered in ASIC, together with the large number of clients and collaborators spread all over the world is enough background to affirm that IC Markets is absolutely safe and reliable . As if that were not enough, there are no reports of fraud against this broker. Enough to corroborate, once again, the previous opinion.
IC Markets commissions
In the tables that you will find below we offer you detailed information on many of the instruments available in IC Markets as well as their spreads and commissions .
Trading platforms at IC Markets
IC Markets works with different trading platforms , allowing its clients to trade in the one of their preference, making the investment experience much more comfortable and personalized.
MetaTrader 4
Surely the most popular trading platform on the market. It is available to operate directly on the web and also has the option to download and versions for tablets and smartphones compatible with Windows, iOS and Android.
It offers a fast, simple and highly intuitive service. Ideal for Forex trading, with a wide variety of analysis tools and spectacular graphics.
MetaTrader 5
It is the improved version of the previous one, therefore, it includes all the functionalities of its predecessor and to them adds the possibility of accessing more diversity of markets and investment options.
cTrader
Developed by Spotware Systems Ltd. , there is a version for web, iOS and Android. Available in 14 languages and with a very powerful graphics system. It allows working with NDD (Non Dealing Desk) brokers and with ECN / STP execution.
More than correct in terms of the offer of indicators to carry out technical analysis and with almost instantaneous order execution. It allows automatic trading, but does not have charts. It is a common trading platform among traders with some experience or those who manage several accounts.
Platforms at IC Markets
Trading platform
Available
MT4
√
MT5
√
cTrader
√
Web
√
iPhone / iPad
√
Android
√
Mac
√
cTrader Something
√
Account types
IC Markets offers its clients various types of trading account :
Standard
This account is operated with the MetaTrader platform, requires an initial deposit of $ 200 , has no commissions and spreads are from 1.0 pip . It offers reasonable leverage and allows you to work with 64 currency pairs .
True ECN
The star of the house and the most popular. It is operated with MetaTrader, the spreads are lower than in the previous case, the initial deposit also of $ 200 , the standard leverage and the available currency pairs 64 . The negative point is that it has a commission of $ 3.50 per lot.
cTrader
Logically it uses the cTrader platform. Pips, again, very low; initial deposit: $ 200 ; high leverage, 64 currency pairs and $ 3 commission per lot.
Demo account
One of the most important features for people who are just starting out. A demo trading account to learn and practice before actually investing.
Advantages of trading with IC Markets
Low initial deposit .
Very low spreads and commissions (in some cases nonexistent).
Wide variety of payment and withdrawal methods , including Paypal (not too common in other online brokers).
Possibility of social trading and the existence of PAMM / MAM accounts.
IC Markets summary and opinion
Those who want to operate in ECN with a broker of faultless reputation and absolutely safe and reliable , have a great option with this Australian broker.
Frequent questions
Who is IC Markets?
It is an online broker based in Australia and specialized in Forex and CFD trading .
To get to know IC Markets in depth you can consult our complete analysis.
Are you a regulated broker?
If it is. IC Markets is regulated by the ASIC or Australian Securities and Investments Commission, the country where the main office of this broker is located.
Today, IC Markets accepts clients from various regions such as Europe, America, Asia or Australia. Check the regulation section on our page for more details.
What platforms does IC Markets offer?
The offer of trading platforms of this broker is complete and adapts to the needs of all types of traders, whether beginners or advanced.
You can make use of the famous Metatrader and also the popular cTrader. At the top of our page you will find more information.
