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Registered in Seychelles in 2007, IC Markets brokerage service successfully offers CFD trading services to traders from Australia, Europe and other continents. At the moment, the company has received a huge number of reviews from traders from all over the world, but can this be considered a trust factor?
Advantages of IC Markets
The first thing that a user should consider before registering a trading account with IC Markets broker is brand regulation in several countries. The company has three divisions – global, Australian and European. In this regard, it has received three licenses from regulatory authorities: ASIC, CySEC and FSA (Seychelles Financial Services Authority).
The company keeps client funds in separate segregated accounts in Australian banks. The company assures of its reliability by eliminating any restrictions and excluding the occurrence of requotes. Additional advantages include faster order execution (the broker’s servers are located in the NY4 and LD5 data centers), partnerships with trading software developers, and the ability to use scalping, hedging, and autotrading.
Available trading terminals from IC Markets
Traders are offered a large number of tools for comfortable work in the currency and stock markets. For example, IC Markets’ official website has access to the MT4, MT5 and cTrader platforms. Clients can take advantage of trading applications on mobile devices, in a browser and on a PC. Tools for algorithmic trading, MAM and PAMM accounts, trading servers and VPS rental for working with Expert Advisors are available.
The broker has also developed and implemented features such as market depth measurement, spread monitoring, risk calculator, and the ability to place and close orders in one click. Due to the variety of tools and a comfortable demo account for practice, IC Markets has a justifiably high rating.
How to trade with IC Markets?
The company offers a wide range of trading assets that traders can work with. Information about accounts and markets is organized in a simple and clear way, which will allow you to quickly familiarize yourself with the trading conditions. In addition to the demo account, the broker provides several live accounts with a minimum deposit of $200. Users get access to the following markets:
- Forex and cryptocurrency currency pairs – 60 currency pairs with zero spread and leverage up to 1:500; 10 popular crypto coins with leverage up to 1:20.
- Stocks and bonds – over 200 securities CFDs, 6 types of bonds, blue chips and dividend stocks included.
- Indices are the 23 largest indices with a spread of 0.5 pips and a leverage of up to 1:200. IC Markets does not charge commissions on transactions.
- Commodities – 19 assets, leverage of 1:500 and the ability to trade CFDs on the spot and futures market.
- Futures – deep liquidity is provided along with credit leverage up to 1:200.
From a personal account with IC Markets, withdrawals can be made to a bank card, electronic or crypto wallet, as well as by money transfer.
Affiliate programs and user reviews
The service offers many partnership opportunities, including the Introducing Broker program. Collaboration in the White Label model is also available. The company does not hold any bonuses, promotions and contests, but it provides enough ways to earn passive income from referrals and brand representation.
All negative reviews about IC Markets are promptly answered by service representatives. There are both positive and negative comments about the broker, but a thorough study of the working conditions and practice on a demo account will help you make the right decision whether to cooperate with the company or not.