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IC Markets Review

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IC Markets provides traders with an exceptional trading environment. Their ultra-low latency speeds, superior execution and deep liquidity all combine to offer optimal trading conditions – the platform even supports scalping and hedging strategies!

IC Markets provides CFD trading on an extensive selection of indices and commodities. Spreads start from as little as 0.5 pips for index CFDs while commodity CFDs have no commission fees associated with them.

Hours of operation

IC Markets is an internationally acclaimed CFD and Forex broker founded in Sydney, Australia with a track record for high performance trading. Committed to providing traders with superior execution technology and lower spreads while also providing trading tools and educational materials IC Markets is overseen by ASIC; one of the world’s most stringent regulatory authorities.

This company provides traders with a broad selection of financial instruments to trade, such as currencies, bonds, indices and cryptocurrencies. To trade them effectively and at low spreads and commissions prices with these assets, traders can open either a Raw Spread or Standard Account; both accounts feature low spreads and commissions as well as low margin requirements which make trading with this broker ideal for scalpers.

Traders can access technical and fundamental research content under the Research section of the website, while daily news and commentary is posted in its Market Analysis section, while short clips from live trading sessions can be seen under Web TV. In addition, deposits can be made in 10 base currencies, with withdrawal requests processed on the same day if received before noon AEST/AEDT.

Trading platforms

IC Markets provides an impressive variety of trading platforms designed to suit a range of traders. Their desktop and mobile platforms come equipped with tools designed to help find the ideal strategy for you; while also featuring research content like blog articles and video news feeds.

IC Markets provides three account types and multiple trading platforms to suit every trader’s personal preference. Their competitive pricing and execution provide support for strategies ranging from high-frequency algorithms, day trading, scalping and more – its ultra-fast order execution averages under 40 milliseconds making IC Markets ideal for traders of all skill levels.

IC Markets provides 15 funding and withdrawal methods, such as credit cards, bank wire transfers, digital wallets such as PayPal, Skrill, Neteller, QIWI and Union Pay. Their customer support team can be reached by phone, email or live chat – not to mention over 10 different languages spoken!

Minimum deposit

At IC Markets, a minimum deposit of $200 is necessary to open an account with them. They accept numerous deposit methods such as bank wires and credit cards which either instantaneously arrive into your account or can take between 3 – 5 business days depending on which deposit method you select. Withdrawals are free and typically completed within 10 days once funds have been received by them from your bank.

IC Markets provides three account types with different fees and spreads. Both the cTrader Raw Spread Account and standard account boast some of the lowest spreads in the industry, but both require commission fees to trade.

IC Markets is a well-regulated broker with licenses from CySEC, ASIC, and FSA; this indicates their commitment to transparency and customer safety. Furthermore, they provide mandatory negative balance protection as well as the Investor Compensation Fund in order to safeguard client security. Furthermore, multiple base currencies can be accepted while traders can also open unlimited demo accounts with them.

Customer support

IC Markets provides traders with an expansive range of account types, trading platforms and assets from which they can choose. This includes the cTrader, MetaTrader 4 and MetaTrader 5. Furthermore, this broker is known for their ultra-low latency order execution system, connecting directly to liquidity pools to process orders within 40 milliseconds of placing them. Furthermore, this firm is regulated by international financial authorities and audited regularly to ensure the safety of customer funds.

Traders can take advantage of free trading tools and educational content, including a trading central tool which provides technical insights by scanning the market for lucrative trading opportunities. IC Markets offers various deposit options, such as credit/debit cards, wire transfers and online banking systems such as Skrill Neteller QIWI FasaPay to make banking simpler for its traders.

IC Markets also provides a free demo account, making it simple and risk-free to test their platform without risking real money. This feature can be especially beneficial to new traders looking to gain experience before beginning trading themselves.