Abstract:IC Markets is a leading forex broker around the globe, offering various solutions for active traders, day traders, scalpers and more. IC Markets allows its clients access to a massive market with diversified types of trading instruments. To give its clients an excellent trading experience, this brokerage offers tight spreads, as low as 0.0 pips, and generous leverage up to 1:500, both top-notch MT4 & MT5 trading platforms available.
General Information
IC Markets is a leading forex broker around the globe, offering various solutions for active traders, day traders, scalpers and more. IC Markets allows its clients access to a massive market with diversified types of trading instruments. To give its clients an excellent trading experience, this brokerage offers tight spreads, as low as 0.0 pips, and generous leverage up to 1:500, both top-notch MT4 & MT5 trading platforms available.
Regulatory Information
Two entities of this brokerage are regulated in their jurisdictions respectitively:
IC Markets (EU) Ltd is a limited company registered in Cyprus and is regulated by the Cyprus Securities and Exchange Commission with License No. 362/18
INTERNATIONAL CAPITAL MARKETS PTY. LTD., authorized and regulated by the Australia Securities and Investment Commission, with Regulatory License No. 335692
Market Instruments
IC Markets offers investors a diversified range of investment assets, mainly popular currency pairs in the foreign exchange market, commodities, indices, bonds, cryptocurrencies, stocks, futures.
Minimum Deposit
To meet different investors' investment needs and trading experience, IC Markets offers three different types of accounts, which are Raw Spread Accounts (cTrader), Raw Spread Accounts, and Standard Accounts. The minimum deposit for the three types of accounts is €200,
IC Markets Leverage
IC Markets offer the highest leverage level of up to 500:1 from its offshore FSA regulatory division in the Seychelles. This leverage varies across the brokers 65 currency pairs and other CFDs (such as cryptocurrencies). The brokers offshore branch offers the following leverage:
Forex, gold and commodities 500:1
Indices, futures and bonds 200:1
Shares 20:1
Cryptocurrency 5:1
Spreads & Commissions
The spreads on the original spread account (cTrader) start from 0.0 pips, and the commission is €3/ per 100K traded. The spreads on the original spread account start from 0.0 pips, and the commission is €3.50/100K volume. Standard accounts have spread from 1.0 pips and no commission.
Trading Platforms
IC Markets offers traders the MT4, MT5, and cTrader trading software to meet a wide range of user needs. MT4 is currently the most popular trading platform with a highly customizable, user-friendly interface with several technical indicators and data analysis tools to help traders develop different trading strategies. MT5 is the latest version of MT4 and has all the positive features of MT4 with more powerful trading capabilities. cTrader is a platform specifically designed for high-speed execution through which traders can trade global markets. cTrader's independent design, elegant interface, and advanced features make it a favorite among freelance traders.
Deposit and withdrawal
IC Markets supports traders to deposit and withdraw funds to their investment accounts via VISA, MasterCard, NETELLER, Skrill, and wire transfer.
Customer Support
IC Markets offers 24/7 customer support via a range of contact methods. Local customer support is available from their Sydney office at Level 6 309 Kent Street Sydney, NSW 2000. CFD traders can reach them through different channels like email, Skype or by phone. Their Sydney response time is within 15 minutes based on our enquiries with the most complex issues solved within a day. Live chat customer service is also offered by the CFD provider.