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ICmarkets Broker

Details

Broker ICmarkets
Website URL https://www.icmarkets.com/?camp=22424
Founded 200
Headquarters International Capital Markets Pty Ltd Level 2 / 2 Bligh Street Sydney NSW 2000 Australia
Support Number +61.1300600644
Support Types Livechat, email and phone, 24/7 support
Languages All
Trading Platform Mt4, Mt5, Zulu trade
Minimum 1st Deposit 200
Minimum Trade Amount $1
Leverage 1: 100 leverage
Spread 0.0
Free Demo Account Yes
Regulated Yes
Regulation CySEC, FCA, ASIC
Fee Info No Fee
Commission Info No commission
Account Types ECN,
Number of Assets 236 tradable assets
Types of Assets Forex, Stocks, Commodities, Indices, Bonds and Cryptocurrency markets
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 7.8

Pros

  • ICmarkets is regulated and licensed, no commission, no fee, plus 24/7 customer support, low spreads

Cons

  • High minimum deposit of $200

IC markets review: ICmarkets is a leading zero commission broker on forex, ECN, CFD and spread betting. They give traders access to the major markets like currencies, indices, commodities and shares. For traders interested in cryptocurrencies like Bitcoin, ICmarkets is one of the few brokers that offer cryptocurrency CFDs. They also offer traditional trading for experienced traders looking to trade options

The broker (IC Markets) was established in Sydney and acquired an Australian Financial Services License (AFSL) with the Australian Securities and Investment Commission (ASIC) in 2009. Having gone through the history, background, assets and services, we will write ic markets review.

ICmarkets broker was registered with whois in 2011-06-19. Giving us more edge to provide you with all the information you will need to know before trading with them. Compare broker with hotforex broker 

 

Account Types

 

There are three major types of accounts offered by icmarket: which is ECN, TRUE ECN AND STANDARD account. In addition they offer Islamic account and as well as demo.

Icmarkets offers totally free demo practice accounts. You can learn to trade, conduct market analysis and get familiar with the markets. you can open MT4 demo account.

We consider this account helpful to all traders. This is because once you have your demo login details, you get access to real-time pricing on thousands of markets, including shares and bitcoin. In addition, you get access to all the features found on their trading platform, which also makes it a fantastic way to test drive their software. please cearfully crew the table bellow for better account information. Please note that the minimum deposit is $100.

 

Trading Platforms

 

ICmarkets

In the process of our IC Markets review,  we noticed that offers their traders more  than one platform. But three high quality trading platforms to choose from. By offering three different trading platform. Traders now have better tools to execute their trades. See the available platforms below.

MetaTrader4

The most popular trading platform with IC Markets is MetaTrader 4. The MetaTrader 4 platform provides traders with 1-click trading solutions and includes customisations for market depth analysis. The platform features a number of technical indicators, advanced charting tools, a wide range of Expert Advisers and extensive back-testing options. In addition, traders can trade on the go with MetaTrader4’s mobile apps for both Android and Apple, and also from any desktop via the web-based MetaTrader platform.

MetaTrader5

This platform is the most recent of the MetaTrader series, and basically is an upgraded and expanded version of the MetaTrader4 platform.

CTrader

This trading platform is for an ECN trading environment. This includes automated trading software and is available on mobile desktop and the web. Traders who want to use auto-trading have three options to choose from; ZuluTrade, Myfxbook’s AutoTrade and Signal Trader’s mirroring technology.

 

Bonus & Promotion

 

Unfortunately, IC Markets do not offer their traders any sort of bonuses. However, this should not be viewed as a bad thing. The brokerage has built a strong reputation and are rightly proud of their offering. They do not want to encourage overtrading, or misrepresent their products via incentives.

Icmarkets Assets

The IC Markets trading brokerage does not fall short in offering their clients a wide range of trading instruments and assets. The brokerage offers over 80 instruments including currency pairs, CFDs on indices, stocks, commodities and futures, precious metals, and even the most popular cryptocurrencies, such as Bitcoin and Ethereum.

Forex is a huge part of the IC Markets offering. The majority of the 90+ assets available to trade are currency pairs. This is backed up with leverage of up to 500:1, lot sizes from just 0.01 (maximum lot size is 1, but traders can trade multiple lots). On the cTrader platform, spreads can be reduced to 0.0, minimising commission and spread costs for frequent traders. Average spreads are extremely low, just 0.1 pips for EUR/USD for example. This can have a huge effect on day trading profits.

 

ICmarkets Review Conclusion

 

Finally we conclude our ICmarkets review by telling you to start trading with confidence. ICmarket stands out from the Forex and CFD brokers out there, with its multiple regulatory compliances.

Ic markets has good FX fees and zero spreading, it is easy to open an account, as it is fully digital and fast.

However they try their best to facilitates the trading of financial products outside and inside traditional stock exchanges.
You should NOTE that making the right choice is very important in online and electronic business especially forex.
More-so, NOTE that CFDs are derivatives that allow traders to take advantage of prices moving up (long positions) or prices moving down (short positions) on all underlying financial instruments. So if you are able to pick up a good forex broker like Icmarkets you might stand out among equals in the forex. Read spectre.ai review

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