ICMarkets.com Review

IC Markets ReviewIC MARKETS REVIEW -ECN Broker

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 Live Accounts


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 WEBSITE


IC MARKETS TRADING PLATFORMS

IC MARKETS provides a very good variety of Trading Platforms that include desktop and mobile trading:

Four Desktop Trading Platforms available plus Two Mobile TradersMetaTrader-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
  • 5 DESKTOP AND 2 MOBILE PLATFORMS
  • FULLY ALLOWING SCALPING, HEDGING, AND AUTOMATED TRADING
  • FREE VPS (Under Policy)
  • PAMM ACCOUNTS
  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)

 

BUY THE BOOK "THE HIDDEN PATTERNS BEHIND 15 FOREX PAIRS" AT AMAZON BOOKS

 


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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