IC Markets — is a well-known broker operating in the Forex market since 2007. The company provides a wide range of services for traders, including competitive spreads and a variety of trading instruments. In this review, we will take a detailed look at all the main aspects of working with IC Markets, including its trading conditions, available account types, minimum deposits, and customer reviews.
Basic information about IC Markets
IC Markets — is an Australian broker with international status, working with traders worldwide. The company is regulated by the Australian Securities and Investments Commission (ASIC), as well as the Cyprus Securities and Exchange Commission (CySEC), ensuring a high level of reliability and security for clients.
IC Markets Account Types
IC Markets offers several types of trading accounts suitable for both beginners and experienced traders. Here are the main types of accounts available for clients:
- Standard Account — a classic account type with fixed spreads, the minimum deposit is $200.
- True ECN Account — for more experienced traders looking for low spreads and access to more liquid markets. The minimum deposit is $200.
- cTrader ECN Account — an account type with access to the cTrader platform. It offers ultra-low spreads and the minimum deposit is also $200.
Minimum Deposit and Minimum Lot
- Minimum Deposit: from $200, which is a competitive amount for most brokers.
- Minimum Lot: 0.01, which allows traders to control the position size and risk smaller amounts.
IC Markets Trading Instruments
The company offers an extensive selection of trading instruments:
- Forex: more than 60 currency pairs, including exotic currencies.
- CFD: stocks, indices, metals, energy resources.
- Cryptocurrencies: access to trading with cryptocurrencies such as Bitcoin, Ethereum, and others.
- Commodity Futures: oil, gold, and other commodities.
Investment Programs and Affiliate Program
IC Markets does not offer standard investment programs such as PAMM accounts or mirror investing, but the broker has an affiliate program that allows you to earn by attracting new clients. The program offers favorable conditions and various monetization methods, including CPA (cost per acquisition) and RevShare (revenue share).
Trading Platforms
IC Markets provides access to the following popular trading platforms:
- MetaTrader 4 (MT4) — one of the most popular platforms among traders.
- MetaTrader 5 (MT5) — a more modern version of MT4 with additional tools.
- cTrader — platforms with low latency and high-speed trading.
Advantages of IC Markets
- Low Spreads: starting from 0.0 pips on ECN accounts.
- Fast Order Execution: thanks to the use of ECN technology, orders are executed in an average of 40 milliseconds.
- Diverse Trading Instruments: more than 230 instruments, including currency pairs, stocks, indices, and cryptocurrencies.
- Excellent Customer Support: customer support is available 24/5 and offers consultations in multiple languages.
- Easy Access to Analytics: IC Markets provides traders with access to useful analytics and educational materials.
Customer Reviews of IC Markets
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Alexander:
"We have been trading with IC Markets for 2 years. I really like the speed of order execution, the minimum deposit to open an account is only $200, which allows you to start with a small amount. The platform is stable, and there were no problems with withdrawals. The spreads on ECN accounts are just great, even less than 1 pip on calm days." -
Trader007:
"Seems like a good broker, but sometimes there were delays with withdrawals. I withdrew money via Skrill, and the funds arrived in my account with a delay of 3 business days. This is a bit concerning. Also, support could be more responsive, as they did not answer my questions right away." -
Dodo:
"I traded on IC Markets for about 6 months, the conditions seem okay, but I wouldn't say this is the best broker for beginners. It's a bit complicated to figure out the interfaces of the platforms and deposits. Nevertheless, if you are looking for good order execution and low spreads, then IC Markets is a good choice."
Conclusion
IC Markets — is a reliable broker with over 15 years of experience in the market. It offers excellent trading conditions, especially for experienced traders looking for low spreads and fast order executions. However, beginners should consider that it will take time to master this platform. Overall, IC Markets is an excellent choice for those who value trading speed, a variety of instruments, and low trading costs.
Алексей
Торгую с IC Markets около года. Платформа стабильная, спреды низкие — на основных валютных парах от 0,0 пипсов. Использую счет True ECN с минимальным депозитом $200. Вывод средств через Skrill занимает 1-2 рабочих дня, без скрытых комиссий. Рекомендую для активной торговли.
Marianna
Решила инвестировать в ПАММ-счета IC Markets. Вложила $1000 в счет с доходностью 15% в месяц. Через 2 месяца заметила снижение доходности и попыталась вывести средства. Вывод через банковский перевод занял 5 рабочих дней, комиссия составила $30. В целом, опыт не оправдал ожиданий.
Дмитрий
Торгую с IC Markets более 5 лет. Ранее вывод средств был быстрым, но недавно возникли задержки. Служба поддержки не отвечает на претензии. Будьте осторожны!