IC Markets (International Capital Markets Pty Ltd) is an Australian forex broker founded in 2007 in Sidney and offers forex, CFD and crypto trading.
IC Markets is a well known and estabilished broker regulated by the Australian Securities and Investments Commission (ASIC) and with an Australian Financial Services License (AFSL). For these reasons is trusted from many investors and has an EXCELLENT reputation online, included customers review services like trustpilot.
Account opening with IC Markets is fast and easy, within few minutes you can have your account (fully digital account opening). You can open a real account or a free demo account if you want to test your investing strategies without losing real money.
The minimum deposit for a real account is 200 USD and you need to follows these 5 steps (completed in 10 minutes):
1. Provide contact information included your email address
2. Fill out your personal information (Name, Surname, Date of birth, Address…)
3. Choose the account type and the base currency
4. Complete a short survey about your trading experience
5. Verify your identity and residence uploading a copy of your passport or identity card and a bank statement/utility bill
IC Markets offers 3rd party famous platforms like MetaTrader 4, MetaTrader 5, cTrader, webtrader and mobile platforms both for iOS and Android.
The great advantage of IC Markets is that offers very low fees, it is the world’s largest True ECN forex broker.
Trade with a True ECN broker means that you can get spreads from 0.0 pips, no requotes, no price manipulation and no restrictions, you can trade high volume, use scalpers and trading robots.
IC Markets, account types
There are 3 main types of accounts:
Account True ECN (most popular): Trading Platform Meta Trader, commission (per lot per side) $3.5, spreads from 0 pips
Account CTrader: Trading Platform cTrader Commission (per USD 100k) $3.0, spreads from 0 pips
Account Standard: Trading Platform Meta Trader, Commission (per lot per side) $0, Spreads from 1.0
Here below you can find more detailed information about the trading accounts
The deposit and withdrawal are free, without commissions, and user friendly. They use many providers worldwide to fast execution of money transfers.The bank transfer can take more business days, while credit and debit cards are instant.
You can only deposit money from sources which are on your name.
Some money transfers providers used are:
VISA, Mastercard, Paypal, Neteller, Skrill, Wire Transfers, Bitcoin wallets
and many more as you can view here below.
IC Markets offers his services almost worldwide except from few countries which are USA, Canada, New Zealand and Japan.
The trading platforms are available in many different languages according to the customer country.
For example, cTrader web trading platform is available in 23 languages:
Arabic, Chinese, Czech, English, French, German, Greek, Hungarian, Indonesian, Italian, Japanese, Korean, Malaysian, Polish, Portuguese, Russian, Serbian, Slovakian, Slovenian, Spanish, Thai, Turkish, Vietnamese
With IC Markets the trader can change the default leverage level of the products. This is a great feature provided only by a few top brokers.
You can trade on many instruments, IC Markets offers generally more instruments of other competitors:
Currency pairs: 60
Stock index CFDs: 16
Stock CFDs: 120
Commodity CFDs: 23
Bond CFDs: 9
Cryptos: 10
IC Markets Customer Service
This is a very important aspect for every trader, to get the best, fast and relevant support from your broker. And IC Markets offers a great support available via email, phone and online chat 24/7. Sometime for the online chat is necessary to wait a relevant time and they generally do not answer to very specific questions. But the telephone and email support are very fast and on point.
IC Markets Education
IC Markets offers a demo account to try your investment strategies without losing real money.
You can also learn watching tutorial videos you can find on their platforms, other educational videos on the website or blog and quality educational books.
All the training material is well structured and cover useful topics, from technical analysis to risk management.
Conclusion:
As you can see from the information provided above IC Markets is a top international forex broker, very trusted wordlwide, with convenient fees, fast execution, very good and reliable support. Our valutation, which is also as direct customer, is at the top.