□ Forex Broker: IC MARKETS
□ Headquarters / Licenses: Australia | FSA (SEYCHELLES)
□ Customer Support: 24/5 via EMAIL | PHONE | LIVE CHAT
□ Minimum Account / Fund Methods: 200 USD via CARDS | WIRE | SKRILL | NETELLER | WEBMONEY
□ IC MARKETS Promotions: Free VPS
□ IC MARKETS Forex Pairs: 60+ Forex pairs plus CFD Trading (Equities, Energies, Metals, Commodities, Cryptocurrencies)
□ IC MARKETS Trading Platforms: MT-4 | MT-5 | cTRADER | MOBILE/TABLET TRADERS
□ Trading Spreads: 0.0 pips on EURUSD/GBPUSD
□ Trading Commissions: $7/ full traded lot
□ PAMM / MAM Accounts: NO
□ Islamic Accounts: YES
□ API Trading: YES
□ Free Forex VPS: YES
INTRODUCTION TO IC MARKETS
IC MARKETS is an Australian-based Forex broker founded in 2007. IC MARKETS order execution is very fast and the spreads start as low as 0.0 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 FSA Seychelles 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:
- MT-4
- MT-5
- cTrader (Web & Install versions)
- Mobile and Tablet Traders for iPhone and Android
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 INSTRUMENTS
IC MARKETS offers a very wide asset index containing 61 Forex pairs plus other CFD trading assets
- 61 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 the VIX volatility index)
- Energies (NGAS, BRENT, WTI)
- Commodities (COCOA, COFFEE, CORN, SOYBEAN, SUGAR, WHEAT)
- Cryptocurrencies (Bitcoin/USD plus 10 more crypto pairs)
IC MARKETS ACCOUNTS
◘ Minimum Deposit: 200 USD
◘ 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 |
60+ |
|
Trading Spreads on all majors |
As Low as 0.0 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 |
IC MARKETS REVIEW KEY POINTS
IC Markets is offering very competitive trading terms and interesting features for automated traders and scalpers.
There are many assets available from IC Markets. More specifically, 61 Forex pairs, Energies, Precious Metals, Crypto, and Soft Commodities. The minimum deposit to open an 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, and CAD. There is no deposit bonus.
The broker offers a good selection of trading platforms: MetaTrader-4, MetaTrader-5, and cTrader. There are mobile traders based on MT4 and MT5 for iOS and Android. IC Markets provide a free VPS, and a FIX/API. The trading spreads are very competitive and start as low as 0.0 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 good. IC Markets is an ideal solution for advanced and professional traders, especially for day traders and automated traders who need tight spreads, low slippage, and fast order execution.
□ IC MARKETS.com Review
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