IC Markets

IC Markets, a long-standing MOFT partner, has established its reputation as a reliable broker in the currency market. Thanks to its competitive advantages, such as low spreads, the ability to trade micro lots from 0.01, and efficient support service, IC Markets has earned recognition among traders. The broker is characterized by high speed of order execution, which is confirmed by numerous positive feedback from clients from all over the world.

During the years of cooperation with IC Markets, extensive analysis of client feedback has shown that there are no systematic complaints about the company’s work. IC Markets provides timely support in solving financial issues and promptly responds to any claims.

The IC Markets website is characterized by reliability and convenient access to the personal account. Traders can take advantage of available analytical and training materials, as well as additional resources at any time. These aspects ensure the stable popularity of IC Markets internationally, and the broker regularly occupies high positions in the MOFT Rating.

IC Markets clients using the Standard account type through MOFT can receive a rebate of 80% of the commission that MOFT receives from the broker. For example, if you trade 1 standard lot per day on EUR/USD, this equals 100,000 units of the base currency. With a pip cost of $10 and a broker’s spread of 0.6 pips per lot (equal to $6), MOFT receives 0.4 pips per lot ($4), of which 80% ($3.2) is returned to the trader as a rebate.

This system not only helps to reduce trading costs, but also increases your potential profits. Registering through MOFT gives you access to a number of privileges, making your trading more profitable.

IC Markets caters to the needs of a wide range of clients by providing access to trading in highly liquid markets. The broker offers a variety of trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, as well as their mobile versions, which provides traders with flexibility in choosing trading tools and strategies.

Features and capabilities of IC Markets:

1. Wide range of trading instruments: Traders can choose from over 60 currency pairs, as well as a variety of CFDs on futures, indices, commodities, metals, over 2,100 stocks, bonds and cryptocurrencies. This provides opportunities to diversify your investment portfolio and participate in global trading.
2. Minimal spreads and fast order execution: The company is known for its low spreads starting from 0.0 pips on Raw Spread accounts, where the average spread on the EUR/USD currency pair is only 0.02 pips. On standard accounts, the spread starts from 0.6 pips and the average value is 0.62 pips. Fast order execution minimizes slippage and improves trading results.
3. Accessibility for different levels of traders: The minimum order size of 0.01 lot makes trading accessible not only for experienced traders but also for beginners, allowing them to gradually build up their trading volume.
4. Affordable initial deposit: The minimum deposit is 200 USD, which makes IC Markets accessible to traders who are not ready to invest large amounts at once.

The company’s clients often mention in their reviews advantages such as competitive spreads and prompt order execution, which emphasizes IC Markets’ reputation as a reliable broker in the international arena.

• Trading platform

  МТ4, МТ5, cTrader

• Accounts

  Demo, Raw Spread, cTrader, Standard, Islamic

• Account currency

  USD, AUD, GBP, CHF, JPY, NZD, SGD, CAD, HKD, EUR

• Deposit/withdrawal

  Bank cards and Wire transfer, transfer from the broker’s account, e-wallets: PayPal, Neteller, Skrill, Union Pay, BPay, POLI, Rapidpay, Klarna, Vietnamese Internet Banking

• Minimum deposit

  200$

• Leverage

  1:1 to 1:500

• PAMM accounts

  no

• Minimum order

  0.01- 200 (2000 for cTrader)

• Spread

  From 0.6 pips - for Standard account, from 0.0 pips - for cTrader and Raw Spread accounts

• Instruments

  More than 60 currency pairs, CFDs on futures, indices, commodities, metals, more than 2100 stocks, bonds, cryptocurrencies

• Margin call / Stop out

  100% / 50%

• Liquidity provider

  NAB, Westpac

• Mobile trading

  yes

• Affiliate program

  yes

• Order execution

  Market Execution Order

• Trading features

  Automatic trading is allowed

• Contests and bonuses

  When trading over 15 lots - free VPS

Our analysts have performed a detailed review of IC Markets for trading and non-trading commissions. The following aspects were considered as part of the analysis:

1. Trading Commissions: IC Markets has set commissions of $6 and $7 for cTrader and Raw Spread ECN accounts respectively. These commissions are applied per trade. Standard accounts do not charge trading commissions, which can be attractive to traders who prefer to trade without additional fees.
2. Non-trading fees : IC Markets does not charge additional withdrawal fees on most payment methods, which is a significant advantage for traders. However, a fee of approximately 20 Australian dollars (AUD) is charged when using international wire transfers. This is standard practice for many brokers, but is important to consider when planning financial transactions.

Thus, IC Markets offers competitive commission terms, especially considering the absence of additional fees for withdrawals via most payment methods. This makes the broker an attractive choice for active traders, especially those looking for efficient conditions for working on ECN accounts.

IC Markets, existing for more than 10 years, has established itself as one of the most reliable platforms for Forex trading. The company strives to provide its clients with the best conditions by continuously improving trading tools and platforms, as well as the level of service.

Regulators and Insurance: IC Markets is regulated by organizations such as CySEC in Cyprus, ASIC in Australia and SFSA in Seychelles. In addition, the company is insured through H Savy Insurance Co Ltd, which further increases the level of protection for traders’ finances.

Platforms and tools: Traders can choose between MT4, MT5 and cTrader platforms, as well as mobile versions for trading flexibility. IC Markets offers more than 60 currency pairs, as well as a wide range of CFDs including futures, indices, commodities, metals, stocks, bonds and cryptocurrencies. The minimum deposit is $200, making the platform accessible to a wide range of investors.

Speed and reliability: The company’s trading servers are located in data centers NY4 in New York and LD5 in London, equipped with high-quality hardware. Communication with price providers via fiber optic lines minimizes delays and speeds up order execution, which is especially important for scalpers and traders using algorithmic trading.

Mobile trading and additional services: IC Markets mobile application provides traders with the ability to trade and manage their portfolio from any location. In addition, traders can take advantage of services such as auto-trading via Myfxbook and VPS servers for round-the-clock trading.

Account Options: IC Markets offers several types of accounts:

• Raw Spread (cTrader): Commission 6 USD per lot, spread from 0.0 pips, cTrader platform is used.
• Raw Spread (MetaTrader): Spread from 0.0 pips, commission 7 USD per lot, available on MetaTrader 4 and 5 platforms.
• Standard: No commission, spread from 0.6 pips, available on MetaTrader 4 and 5 platforms.

Customer Support: IC Markets customer support is available 24 hours a day, 7 days a week, providing help and support to traders with any questions they may have.

These factors make IC Markets the preferred choice for both active and passive investors looking for a reliable broker with a wide range of instruments and a high level of service.

Follow these simple steps to get started with IC Markets:

1. Log in to your personal account:

• Go to the main page of the IC Markets website.
• Click on the “Client Login” button to log in to your account. If you are not already registered, select the “Open an account” option.

2. Authorization and Registration:

• To log in, enter your e-mail address and password.
• New users will need to complete the registration form, entering actual personal data for further verification. Make sure the information provided is accurate to avoid problems with account activation.

Functions of the personal account:

• In your personal cabinet you will be able to open a trading account and replenish it.
• In the account settings section you can change your current settings.
• You can also apply for withdrawal of funds.

IC Markets’ personal account provides convenient access to all the tools you need to manage your trading and financial transactions, ensuring a smooth interaction with the platform.