IC Markets is a very good choice for Forex Day-Traders and Forex Scalpers. The great advantage when trading with IC Markets is the fast ECN execution (Equinix NY4 Data Center) and the very tight trading spreads, as low as 0.1 pip.
RATING FORMULA 5.0 SCORE
According to the Forex Rating Formula v5.0 (ForexExperts.net), IC MARKETS rating score is 80.61%, which is one of the highest rating scores in the whole Forex industry. You can find the full Rating Review here: ► IC MARKETS Full Rating Review
IC MARKETS RATING SUMMARY | |||
MAX | SCORE | (%) | |
1. Safety of Trading Funds | 28.00 | 19.86 | 70.9% |
2. Cost of Trading | 28.00 | 22.25 | 79.5% |
3. Trading Options | 28.00 | 22.50 | 80.4% |
4. Trading Technology | 16.00 | 16.00 | 100.0% |
Overall IC MARKETS Rating | 100.00 | 80.61 | 80.6% |
TRADING STYLE | SCORE (%) |
IC MARKETS FOR INTRADAY TRADING |
80.3% |
IC MARKETS FOR SWING TRADING |
81.8% |
IC MARKETS FOR CARRY TRADING |
73.1% |
IC MARKETS COMPANY INFORMATION
■ Broker Type: ECN Forex Broker offering Futures and CFDs Trading
■ Years in the Market: IC MARKETS foundation in 2007
■ IC MARKETS Main Offices: Main offices in Sydney, Australia
■ US Traders: Not allowed by IC MARKETS –NO-
■ Islamic Accounts: IC MARKETS provides Islamic accounts –YES-
■ IC MARKETS Regulation: IC MARKETS is regulated by ASIC (No 335692)
■ IC MARKETS Customer Service: Fast 24/5 service via Live Chat, Phone, and eMail
■ IC MARKETS Languages: Multilingual Support: English, Spanish, Chinese, French, German, Japanese, and Italian
MARKETS TRADING INFORMATION
■ Forex Execution: ECN Execution (GMT+1 server time)
■ Other Instruments: Futures and CFDs (Indices, Stocks, Commodities)
■ IC MARKETS Asset Index: IC MARKETS offers 56 Fx Currencies plus other financial assets via CFD contracts:
- 56 Forex Pairs
- 14 Indices
- CBOE VIX Index Futures
- 4 Precious Metals
- 2 Energies
■ Spread on EUR/USD: The minimum spread on EUR/USD starts as low as 0.1 pip. These are some typical spreads when trading with the broker:
- EURUSD at 0.1 pip spread, plus commissions $7.0/round lot
- USDJPY at 0.3 pip spread, plus commissions $7.0/round lot
- GBPUSD at 0.5 pip spread plus commissions $7.0/round lot
■ IC MARKETS Trading Commissions: $7/round lot for Standard and cTrader Account Types (check the table below)
IC MARKETS TRADING PLATFORMS
IC MARKETS provides a very good variety of Trading Platforms that include desktop and mobile trading:
■ MetaTrader-4 and MetaTrader-5
■ cTrader and cAlgo Automated
■ FIX/API (Automated Trading)
■ PAMM Platform (Managed Accounts)
■ Trade Signals from ZuluTrade and SignalTrader
■ Mobile Trading for iPhone and Android
■ Demo account is available
■ Automated Trading and Hedging are available
■ Other features One-Click-Trading, Free Analysis
Free VPS
IC Markets offer a free VPS in the co-located Equinix data center. All clients with a minimum monthly volume of 100 round lots can get a Free VPS.
ICMARKETS ACCOUNT INFO
■ Leverage: Leverage up to 30:1 for all account types
■ Hedging/Scalping: Scalping and Hedging are fully allowed
■ Automated Trading: –YES-
■ Bonus: IC MARKETS offers no bonuses
■ Minimum Account: The minimum MT4/MT5 account is 200 USD and $1,000 for cTrader
■ Deposit Methods: Bank Wire | Cards | Skrill | WebMoney | Neteller | FasaPay | UnionPay Chine
■ Withdrawal Methods: Bank Wire | Cards | Skrill | WebMoney | Neteller | FasaPay | UnionPay Chine
Table: ICMarkets Account Types
(1) Standard Account | (2) ECN/TRUE Account | (3) cTrader Account | |
MINIMUM DEPOSIT |
200 USD |
1,000 USD | |
LEVERAGE |
30:1 |
||
TRADING COST |
Spreads as low as 0.8 pip No Commissions |
Spreads as low as 0.1 pip Trading commissions $7/round lot |
Spreads as low as 0.3 pip Trading commissions $7/round lot |
OTHER FEATURES |
|
||
► IC MARKETS Demo Accounts | ► IC MARKETS Real Accounts |
IC MARKETS REBATE BY FOREX-REBATES.COM
You can claim the IC Markets rebate plan for free:
■ The rebate is paid once a month
■ The rebate is 100% free of any charge (you never pay for your participation)
■ You can additionally claim any other promotion (no conflict with the rebate)
■ The rebate can be paid either via Paypal, Neteller or MoneyBookers Skrill
Joining this IC MARKETS rebate plan is very easy. You can contact us for more information.
Us the following rebate link and then contact us for confirmation:
(1) Open account via the ► Rebate Link
(2) Contact and state your IC MARKETS Participation (daily confirmation)
IC MARKETS REVIEW CONCLUSIONS
IC Markets is a pure ECN broker based in Australia. The brand IC Markets belongs to International Capital Markets PTY. LTD, a company located in Sydney, Australia. IC Markets is regulated by ASIC (AFS 335692) and offers:
- Safety of Funds
- ECN accounts as low as $200
- Very Fast Execution
- Tight Spreads starting at just 0.1 pip plus $7/round lot commissions
- Commissions-Free Withdrawals
- Multiple Trading Platforms and wide asset index
- Scalping, Hedging allowance
- PAMM Accounts and Free VPS
- Many fund methods including Cards, Skrill, Webmoney, Neteller, FasaPay, China Union Pay, and BPAY
Note that the IC Market's servers are located at the Equinix NY4 Data Center (New York, USA). That means very fast execution speeds and low latency (less than 1 millisecond). Overall, IC Markets offer a little bit of everything and it is the ideal broker for scalping Forex and using Expert Advisors (auto-trading).
► IC MARKETS Demo Accounts | ► IC MARKETS Real Accounts
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■ Reviewing IC MARKETS -is ICMarkets.com a Scam?
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