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Is IC Markets a Scam or trustworthy Forex and CFD broker?

Is IC Markets a Scam or trustworthy Forex and CFD broker?

We put the business through its paces with real money using our more than 9 years of expertise in the financial markets. Read about our experiences and obtain a complete picture of the circumstances, benefits, and drawbacks for traders. Is it truly a good idea to put your money into this broker? – Now is the time to educate oneself…

What exactly is IC Markets?

In 2007, a group of economic experts founded the company in Sydney, Australia, with the goal of bridging the gap between retail and institutional clients by providing purchasing and selling options. Recently, the broker has grown to become one of Australia’s most important trading carriers, as well as expanding outside Australia’s borders by serving worldwide and European entities, establishing a Chinese language support center, and offering really competitive trading conditions.

 

Pros and Cons of IC Markets

 

IC Markets is a well-known broker that offers a wide range of platforms, including MT4, MT5, and cTrader, as well as free education and round-the-clock client support. There’s a distinction between uncooked unfold bills and unfold foundation. There are also a variety of devices accessible.

On the other hand, concept varies by entity and is larger via offshore entities, and we found certain spreads that were higher than average.

 

 

Join IC Markets for tight spreads and trading conditions, as well as a live support staff dedicated to your success.

Tight Spreads starting from 0.0 pips

 

ICMarkets’ goal is to provide traders the most competitive spreads possible in all market circumstances. They’ve put a lot of money into technology and built excellent partnerships with some of the market’s biggest and most dependable liquidity providers. They are continuously updating and improving their technology in order to provide the best possible trading conditions to their customers.

 

Faster Execution

 

On thier trading servers in the NY4 and LD5 data centers in New York and London, respectively, IC Markets uses enterprise grade hardware. In these data centers, their trader servers are colocated with their price providers’ data servers. Dedicated fiber optic cross connections link us with their price suppliers, ensuring the lowest latency and quickest transaction execution for their customers.

 

Superior Technology

 

Superior Technology to provide you with the greatest trading experience and cutting-edge trading tools, IC Markets has collaborated with the world’s top trading technology firms. Depth of Market (DoM), integrated spread monitoring, ladder trading, automatic closure of trades with custom order templates, and more are among the features available. ICmarkets trading apps for iPhone and Android have been optimized to provide you the finest mobile trading experience possible.

 

 

Trading Conditions at Their Finest

 

IC Markets was designed specifically for traders. Trading strategies such as scalping, hedging, and automated trading are all permitted. The spreads on their Raw Spread account start at 0.0 pips. They provide adjustable leverage up to 1:500 and accept deposits in ten different currencies.

Improved Fill Rates

 

Through their bridge, clients may be filled on transaction quantities ranging from 1 micro lot (1,000 base currency) to 200 lots (25 million base currency). Their system organizes and ranks prices so that big transactions may be executed in real time across many pricing sources and tiers, ensuring the best price for any trade size.

 

 

Customer service that is second to none

IC Markets aims to provide you with the finest customer service and support available. Their staff has a lot of expertise in the forex business, so they know exactly what traders are looking for. You may trade with confidence knowing that the IC Markets staff is there 24 hours a day, seven days a week to assist you.

 

Advanced Trading Instruments

MetaTrader 4 has been enhanced with features such as a one-click trade module, market depth, spread monitor, trade risk calculator, and advanced order types that were previously unavailable on MetaTrader 4.

 

Trading Platforms That Are Superior

Three of the finest trading platforms accessible today are MetaTrader 4, MetaTrader 5, and cTrader. By providing traders with immediate access to their Raw Pricing through any of these three major trading platforms, IC Markets has revolutionized forex trading.

Transparency and Trust

The fundamental principles of IC Markets are trust and transparency. IC Markets is Australia’s leading online trading business, offering Raw Spreads on its most popular account type, ensuring that there are no requotes or price manipulation.

Regulation

The Australian Securities and Investment Commission (ASIC) regulates IC Markets, which must satisfy stringent capital requirements. All client money are kept in separate client trust accounts with Australian banks of the highest caliber. These monies are not used by IC Markets for any operating costs or objectives.

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0.0 pips spreads | 500:1 leverage

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