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|
Features |
cTrader Raw Spread Account |
Raw Spread Account |
Standard Account |
|
Account Currencies |
AUD, USD, EUR, GBP, SGD, JPY, CHF, NZD, CAD, HKD |
AUD, USD, EUR, GBP, SGD, JPY, CHF, NZD, CAD, HKD |
AUD, USD, EUR, GBP, SGD, JPY, CHF, NZD, CAD, HKD |
|
Available Leverage |
500:1 |
500:1 |
500:1 |
|
Minimum Deposit |
$200 |
$200 |
$200 |
|
Starting Spreads |
0.0 pips |
0.0 pips |
1.0 pip |
|
Commission Per Trade |
$3.00 |
$3.50 |
None |
|
Decimal Pricing |
Up to 5 |
Up to 5 |
Up to 5 |
|
Trading Instruments |
Foreign Exchange, Commodities, Indices, Shares, Bonds, Futures, Cryptocurrencies |
Foreign Exchange, Commodities, Indices, Shares, Bonds, Futures, Cryptocurrencies |
Foreign Exchange, Commodities, Indices, Shares, Bonds, Futures, Cryptocurrencies |
|
Min. Lot Size Per Trade |
0.01 |
0.01 |
0.01 |
|
Max Lot Size Per Trade |
200 |
200 |
200 |
|
Demo Account |
Yes |
Yes |
Yes |
|
Swap/Rollover Free Option |
Swap Free Islamic Account |
Swap Free Islamic Account |
Swap Free Islamic Account |
|
Copy Trading Support |
Yes |
Yes |
Yes |
The broker is regulated by three bodies at present including the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), as well as the St. Vincent & the Grenadines Financial Services Authority (SVGFSA). IC Markets is also fully compliant with global regulations covering Anti-Money Laundering (AMF) and Counter Financial Terrorism.
Additionally, IC Markets also ensures that all client funds are protected. To achieve this, the broker keeps all client funds in segregated accounts. It also ensures that all funds are fully insured. Finally, the broker has fulfilled all requirements pertaining to internal risk management and sufficient capital while operations are regularly audited by external parties to ensure full compliance. Overall, the broker is well-regulated and emphasizes transparency to ensure that client interests are always protected.
IC Markets offers some of the tightest spreads in the market. The broker's cTrader Account and Raw Spread Account offer spreads starting from 0.0 pips. The spreads for the Standard Account start at 1.0 pips. In addition to this, the broker also charges commissions depending on the account type. The cTrader Raw Spread Account and the Raw Spread Account come with commissions of $3 per trade and $3.5 per trade, respectively. There are no commissions charged for the Standard Account.
Overall, the pricing and fee schedule offered by the broker is among the best in the industry. The spreads offered are fairly tight, and the commissions are also very affordable given the exceptionally narrow raw spreads available in two of the account types. Furthermore, the broker supports leverage of 500:1, which can help users magnify the capital used to fund their accounts. Moreover, there are no fees charged by IC Markets for any client deposits or withdrawals. Better still, there are no inactivity fees.
IC Markets offers three major trading platforms to its users. These include cTrader, MetaTrader 4, and MetaTrader 5. All three platforms can be accessed via desktops as well as web-browsers and internet-connected mobile devices. The broker also offers mobile apps for both Android and iOS.
Furthermore, the broker's platforms are well-known for their ultra-low latency order execution. IC Markets is connected to two Equinix data centers in London and New York, delivering exceptionally reliable and secure connectivity for its traders. Both these data centers use dedicated fiber-optic networks to ensure that orders are executed instantly with minimal slippage.
Overall, the broker's trading platforms are highly reliable and intuitive. These platforms also offer certain advanced features including built-in spread monitoring, automated close of trades with custom order templates, and ladder trading. In addition, the platforms also offer real-time pricing updates to users. We did not encounter any issues with the trading platforms during our testing.
For their noteworthy efforts to deliver stellar trading conditions, IC Markets has been awarded several titles over the years including the following:
IC Market's live chat service is very accessible - was able to begin talking to customer service within a minute of entering the website. No clicking through endless amount of bot questions, or being constantly redirected to an FAQ page.
My issue was solved almost immediately, granted it was a simple issue. But regardless, CS was friendly and happy to help.
Professional help Customer service first class. Kind and patient, a lady who can explain everything from scratch. I am satisfied with the service, everything is perfect and with commitment. It is really nice to use such service. It's nice to have the opportunity to communicate with people so devoted to their passion.
I always talk to customer service!
every time I have a question, I ask them and they immediately answer me in real time, I really like that!
I still haven't had any problem that can't be solved!
for now it seems to be the best exchange on the market!
thank you for always helping me when I have a problem!
Client since 2019. Quick and efficient customer support, funding and withdrawals are also quick and in a secure process. I use to trade with MT5 platform, which disponibilze a razonable range of instrumens (other than Forex). No complaints.
I have been working with ICMARKETS for a couple of years now and I have not had problems with both deposits and withdrawals, it has a friendly platform and its technical support is excellent. Additionally, what I like the most is the low spread it handles. 100% recommendable
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