IC MARKETS REVIEW

Forex Broker: IC MARKETS

Headquarters / Licenses: Australia | ASIC Australia (license No. 335692)

Customer Support: 24/5 via EMAIL | PHONE | LIVE CHAT

Minimum Account / Fund Methods200 USD via CARDS | WIRE | SKRILL | NETELLER | WEBMONEY

Trading Leverage: 500:1 MAX

IC MARKETS PromotionsFree VPS

IC MARKETS Forex Pairs: 55+ Forex pairs plus CFD Trading (Equities, Energies, Metals, Commodities, Cryptocurrencies)

IC MARKETS Trading Platforms: MT-4 | MT-5 | cTRADER | MOBILE/TABLET TRADERS

Trading Spreads0.1 pips on EURUSD | 0.3 pips on USDJPY | 0.5 pips on GBPUSD

Trading Commissions: $7/ full traded lot

PAMM / MAM Accounts: MAM/PAMM Accounts » More here

Islamic Accounts: YES

API TradingYES

Free Forex VPSYES

» THE IC MARKETS WEB-SITE

INTRODUCTION TO IC MARKETS

IC MARKETS is an Australian-based Forex broker found in 2007. The broker is providing real ECN trading conditions for very low deposit requirements. The order execution is very fast and the spreads start as low as 0.1 pip on EURUSD plus $7 per full traded lot, which means very competitive trading terms. There are 3 trading platforms available, automated trading and scalping allowance, and a very wide asset index. IC MARKETS is regulated by ASIC Australia and provides full trader’s bank account segregation via Tier-1 banks.

CUSTOMER SUPPORT: Phone, Email, Live Chat

WEBSITE LANGUAGES: English, Spanish, Chinese, French, German, Japanese, Italian

 

IC MARKETS TRADING PLATFORMS

IC MARKETS offers a good variety of trading platforms, including MT-4/MT-5, cTrader, and separate Mobile and Tablet Traders for iOs and Android:

  1. MT-4
  2. MT-5
  3. MT-4 for MacOS
  4. MT4 Multi-Terminal
  5. cTrader (Web & Install versions)
  6. Mobile and Tablet Traders for iPhone and Android

IC MARKETS MAM/PAMM

  • Full, Mini & Micro Lot accounts
  • STP on the master account
  • Allocation Methods: Proportional by Balance Allocation & Proportional by Equity Allocation
  • Allows money managers using Expert Advisors (EAs)
  • Allowing multiple accounts to be managed from 1 simple interface
  • 1-click execution of block orders from the Master Account
  • Offers a wide variety of trade orders (including Trailing Stop, Close by and Close all)
  • Monitor performance in real-time

 

IC MARKETS AUTOMATED TRADING

IC MARKETS allows automated trading, scalping, and hedging. You may use also any Expert Advisor for MT4 but also EAs on the PAMM accounts.

 

IC MARKETS ORDER EXECUTION

◘ IC MARKETS applies no re-quotes

◘ IC MARKETS Trading Orders include limit, stop, market and trailing stops

 

 

» IC MARKETS FOREX TRADING

 

IC MARKETS INSTRUMENTS

IC MARKETS offers a very wide asset index containing 55+ Forex pairs plus CFDs trading

  • 55+ Forex Currencies
  • Precious Metals (GOLD and SILVER against EUR and US, plus Palladium and Platinum)
  • Equity Indices (15 Equity Indices from all over the world, plus VIX volatility index)
  • Energies (NGAS, BRENT, WTI)
  • Commodities (COCOA, COFFEE, CORN, SBEAN, SUGAR, WHEAT)
  • Cryptocurrencies (Bitcoin/USD plus 10 more crypto pairs)

 

IC MARKETS ACCOUNTS

◘ Trading Leverage 500:1

◘ Minimum Deposit: 200 USD / 1,000 USD for cTrader

◘ IC MARKETS Real Accounts may be opened in several currencies such as Euro, US dollar, Great Britain pound, Swiss franc, Australian dollar, Japanese yen, New Zeeland Dollar, and Canadian Dollar

◘ Fund Methods: Bank Wire, Credit cards, SKRILL, WebMoney, Neteller

Features

Micro Account

Standard Account

Base Currency Options

EUR, USD, GBP, AUD, JPY, CHF, NZD, SGD, HKD, CAD

Number of Forex Pairs

55+

Trading Leverage

1:1 to 1:500

Trading Spreads on all majors

As Low as 0.1 Pip

Trading Commissions

$7/ full traded lot

Automated Forex Trading

YES

Forex Scalping / Hedging

YES

Swap-Free (Islamic) IC MARKETS Accounts

YES

Minimum Deposit Amount

200 USD / 1,000 USD for cTrader

Open Account

» IC MARKETS TRADING ACCOUNTS

 

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IC MARKETS REVIEW KEY POINTS

IC Markets is an ECN/STP Forex broker offering very competitive trading terms and very interesting features for automated traders and scalpers. The company is headquartered in Australia and licensed by ASIC.

There are many assets available by IC Markets. More specifically, 55 Forex pairs, Energies, Precious Metals, Crypto, and Soft Commodities. The minimum deposit to open a MT4/MT5 account is just $200 and the fund methods include credit/debit cards and wire but also internet wallets (Neteller, Skrill, and Webmoney). You can open an account in 10 different currencies: EUR, USD, GBP, AUD, JPY, CHF, NZD, SGD, HKD, CAD. There is no deposit bonus.

The broker offers a good selection of trading platforms: MetaTrader-4, MetaTrader-5, MetaTrader Multiterminal, and cTrader. There are mobile traders based on MT4 and MT5 for iOs and Android. IC Markets provide a free VPS, a FIX/API, and also advanced MAM/PAMM accounts that even allow Expert Advisors. The trading spreads are very competitive and start as low as 0.1 pip on EURUSD plus $7.0 commissions per full round lot. The Forex overnight rates (SWAPS) are also very competitive and that makes IC Markets a good choice for all types of Forex traders, including even swing-traders and position-traders.

After opening a real account with IC Markets, I can say that I enjoyed trading with them as the spreads were tight, the minimum distance for placing stops was also tight, the order execution was very fast, and the slippage was minimal. Overall, their trading terms as concerns Forex trading are very good. IC Markets is an ideal solution for advanced and professional traders, especially for day traders and automated-traders who need ECN trading, very tight spreads, low slippage, and fast order execution.

 

» VISIT THE IC MARKETS WEBSITE AND START TRADING

 

IC MARKETS.com Review

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