IC Markets provides traders with competitive trading conditions. Its robust platform and user-friendly support make it an appealing option, while their educational content goes above and beyond industry norms; their IC Your Trade podcast series and research articles stand out among many others. An exceptionally fantastic fact about forex robot.
IC Markets provides access to an impressive variety of assets, such as forex pairs and CFDs on commodities, indices, and stocks. With tight spreads at no commission and multiple account types to choose from, this broker is perfect for traders of all skill levels.
IC Markets offers a wide range of tradable assets.
IC Markets is an award-winning global CFD broker offering top trading technology and competitive pricing. Additionally, the company provides an array of tools and research content designed to assist traders of all experience levels in identifying and capitalizing on emerging trends. Traders can deposit and withdraw funds using various currencies, and the broker also offers multiple account types explicitly tailored to individual needs.
IC Markets’ account opening process is fast and convenient, often taking less than one day to finish. Industry-standard SSL encryption protects both personal information and financial data securely. Deposits may be made using major credit/debit cards as well as popular e-wallets; no additional deposit/withdrawal fees apply, enabling traders to maximize trading capital.
IC Markets is licensed and regulated by ASIC, FSA, and CySEC to adhere to stringent client fund protection rules, which include keeping client funds in segregated accounts and offering Negative Balance Protection. Furthermore, tie-ups with Tier-1 banks in Australia, as well as liability insurance from Lloyds of London, provide investors with additional security as Lloyds can cover any losses incurred. Furthermore, external auditing takes place regularly at this broker, and its secure server contains 256-bit SSL encryption for maximum customer protection. It also has a multilingual support team of support specialists!
It offers Negative Balance Protection (NBP)
IC Markets is an established broker that adheres to stringent regulatory standards regarding client funds’ security. All client funds are held in segregated accounts while they provide Negative Balance Protection (NBP). NBP prevents traders from losing more than their investments, making it ideal for riskier asset traders.
The company offers an impressive variety of tradable instruments, such as forex pairs, commodities, indices, and bonds. Furthermore, various trading platforms designed for different types of traders are available, as is an intuitive website containing educational resources like video tutorials and articles about trading strategies.
Its fee structure is competitive, with spreads beginning at zero pips and zero commissions. Furthermore, this company offers Raw Spread accounts for traders looking for no commissions but higher spreads; finally, they also provide free withdrawals, although some withdrawal methods, such as international bank transfers, may incur fees.
CySEC regulates IC Markets and offers negative balance protection to its European clients. This feature is critical for retail traders as it protects them from losses that exceed their investment, but it does not protect against losses caused by other traders—for instance, when the Swiss franc rose against the euro in 2011, short sellers who shorted this pair lost money as the Swiss currency increased against it.
It offers an ECN pricing model.
IC Markets employs an ECN pricing model, meaning prices are drawn from multiple liquidity providers and executed without recourse to a dealing desk. This allows them to offer competitive spreads with unparalleled execution speeds; additionally, they are equipped to close trades if the free margin drops below 50% so as to protect your account and remain compliant.
IC Markets’ ECN model offers traders access to various tools and resources, including an education center, market news updates, and videos. Their user-friendly website contains content for both beginner and experienced traders; however, this broker lacks interactive features like trading journaling or progress tracking, as many others do.
IC Markets uses Equinix data centers in London and New Jersey, offering traders low-latency trading experiences. Their liquidity providers include some of the top banks worldwide for maximum depth liquidity at tight spreads. Furthermore, they offer VPS subscriptions, which may come in handy for high-frequency traders.
IC Markets provides various deposit and withdrawal methods, including credit/debit cards, electronic wallets, and international bank transfers. There is no minimum withdrawal amount; however, specific methods (like international bank transfers ) may incur fees. Regulated by ASIC, FSA, and CySEC, clients’ funds are held segregated from those of the company and covered by Negative Balance Protection for your protection.
It offers a free demo account.
IC Markets’ demo account gives traders a 30-day practice trading with virtual funds on virtual markets. The process is fully digital and takes only minutes. Simply provide your name, email address, phone number, country of residence, and preferred account currency (which will ensure a more realistic simulation). Also, select an accurate simulation by using only your local currency as part of this exercise.
IC Markets provides numerous educational resources, such as webinars and video tutorials, that can assist with trading and risk management education and give you a solid foundation on which to build a career as a trader. Their website also features an economic calendar to keep an eye on important news events or data releases.
IC Markets’ demo account is free to open and features both MetaTrader 4 and cTrader platforms with access to various currency pairs and metals. Furthermore, no minimum deposit requirement applies, making opening an account simple for all types of traders. It is regulated by ASIC and CySEC and has strict client security protocols in place, such as keeping client funds segregated from company assets while offering Negative Balance Protection protection for added peace of mind.
