IC Markets Reviews and User Ratings

Add to compare
  • Overview
  • Information
  • Video
  • Specification
  • Review score

IC Markets General Information


Broker Name
IC Markets
Established
2008
Country
Australia
Min Deposit
$200
Max Leverage
1:500
Regulation
ASIC
Email
support@icmarkets.com.au
Telephone
+61 (0)2 8014 4280
Fax
+61 (0)2 8072 2120
Website Language
English, Chinese
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Wire Transfer, Bank Transfer, Skrill, FasaPay, China Union Pay
Withdraw Options
Credit Cards, Debit Cards, Wire Transfer, Bank Transfer, Skrill, FasaPay, China Union Pay

back to menu ↑

Description


IC Markets Background

The International Capital or IC Markets, based in Sydney Australia, is one of the true ECN brokers offering traders with Forex, CFD and Equity services in Asia, Europe as well as North America. IC Markets was established in 2008; it is regulated by the Australian Securities and Investments Commission (ASIC).

Features of IC Markets

  • IC Markets offers traders with some of the leading Forex trading platforms in the industry. The cTrader platform enables traders to access 60 currency pairs in addition to the Spot Gold and Silver. IC Markets also offers clients the MetaTrader4 platform and recently, they introduced the MetaTrader5 platform.
  • The AutoTrade, a service owned and run by Myfxbook enables traders to copy their trades of choice directly into their MetaTrader4 account free of charge and without necessarily installing any sophisticated software.
  • The Multi Accounts Manager (MAM) feature enables IC Markets clients or money managers to run and manage multiple accounts from a single user-friendly interface; MAM is especially suitable for individuals using the Expert Advisors (EAs).
  • IC Markets also offers the NinjaTrader platform which comes with advanced charting, back testing and optimization, market analytics, automated strategy development and trade simulation.
  • IC Markets’ MT4 and ECN accounts can be opened with as low as $200, while the cTrader accounts require a minimum of $1000 to open.
  • Leverages of up to 1:500.

The first impression of IC Markets is that of a true ECN and CFD provider promising great services for traders through its wide range of global products and platforms.

Conclusion

IC Markets is a great place to trade financial markets online. It is highly recommended for not only retail clients, brokers, institutions and fund managers but also hedge funds.

back to menu ↑

Features and Trading Instruments


Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
back to menu ↑

Pros and Cons


IC Markets has a committed customer support team that helps clients with technical and other issues via live chat, email or phone.

PROS:
  • Access to a highly user-friendly interface with which traders can combine variable allocation methods with real-time reporting of performance and commission.
  • IC Markets offers traders with a wide range of trading instruments to choose from including Forex, commodities such as Oil, Spot Gold, Silver, Indices, etc.
  • The IC Market’s ECN platform is great for not only scalpers but also day traders.
  • IC Markets offers a free Demo account for new traders to practice on their trading strategies risk-free.
CONS:
  • IC Markets does not offer an Islamic or Sharia Law compliant account.
back to menu ↑

Account Type


  • Minimum Account Size: $200
  • Spread: Low/ Variable
  • Trading Instruments: Forex,CFDs
  • Trading Platforms: MT4, MT5, cTrader, Myfxbook Autotrade

*Spreads from 1 pips

  • Minimum Account Size: $200
  • Spread: Low/ Fixed
  • Trading Instruments: Forex,CFDs
  • Trading Platforms: MT4, MT5, cTrader, Myfxbook Autotrade

*Spreads from 0 pips

back to menu ↑

IC Markets Review Score


IC Markets Reviews and User Ratings
7.2 Total Score
5 reviews
Add your review
Web Design
7.2
Reliability
7.0
Platform
7.6
Customer Support
7.2
Withdrawal
7.2
Broker Name
IC Markets
Established
2008
Country
Australia
Min Deposit
$200
Max Leverage
1:500
Regulation
ASIC
Email
support@icmarkets.com.au
Telephone
+61 (0)2 8014 4280
Fax
+61 (0)2 8072 2120
Website Language
English, Chinese
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Wire Transfer, Bank Transfer, Skrill, FasaPay, China Union Pay
Withdraw Options
Credit Cards, Debit Cards, Wire Transfer, Bank Transfer, Skrill, FasaPay, China Union Pay
Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
IC Markets Reviews and User Ratings
7.2 Total Score
5 reviews
Add your review
Web Design
7.2
Reliability
7.0
Platform
7.6
Customer Support
7.2
Withdrawal
7.2

Subscribe to Receive Notifications

Get Notified With Good Content and Promotion

5 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. Reply
    Maya Peron
    May 14, 2016 at 9:07 pm
    2.1
    Web Design
    40
    Reliability
    40
    Platform
    50
    Customer Support
    40
    Withdrawal
    40

    When I started out with a demo account I was fascinated by their spreads and the fact that all my trades experienced little to no slippage. When I decided to try out a Live Account all the horrors bubbled to the surface. Slippages were not only existent, they were massive, I lost over 30% of my funds due to slippage which is just incredibly bothering.

    Helpful(0) Unhelpful(0)You have already voted this
  2. Reply
    Diane Murray
    May 3, 2016 at 9:18 am
    4.4
    Web Design
    90
    Reliability
    80
    Platform
    90
    Customer Support
    90
    Withdrawal
    90

    When I first tried out IC Markets I thought that the narrow spreads that they features were unbelievable and I went in thinking that I was just going to disprove these spreads and move on. Not only was I proven wrong, their service and their excellent trading platform made sure that I would stay. I’ve been with them for six months now and so far so good.

    Helpful(0) Unhelpful(0)You have already voted this
  3. Reply
    CoffeeInMyVeins
    October 14, 2014 at 6:00 am
    4.3
    Web Design
    80
    Reliability
    90
    Platform
    90
    Customer Support
    80
    Withdrawal
    90

    I have been with IC Markets for over a year now and so far all my interactions with their customer support, whether for simple inquiries or abnormal slippages, were civil and professional. Simply put their customer support is exquisite and they answer all your queries in a timely and amicable manner.

    Helpful(0) Unhelpful(0)You have already voted this
  4. Reply
    SurrealPainter21
    September 9, 2014 at 8:20 am
    3.9
    Web Design
    80
    Reliability
    70
    Platform
    80
    Customer Support
    80
    Withdrawal
    80

    At first I thought the slippages I was experiencing awhile back was from faulty internet connections on my part, as it turns out, the slippages were occurring due to the server overloads IC Markets was experiencing. I should be quite disappointed but then again this just means that the success they have been attaining as a broker is quite massive already.

    Helpful(0) Unhelpful(0)You have already voted this
  5. Reply
    DudetteFromBangkok
    June 28, 2014 at 2:00 pm
    3.4
    Web Design
    70
    Reliability
    70
    Platform
    70
    Customer Support
    70
    Withdrawal
    60

    As a broker, I have no qualms with IC Markets, they have good support and provide reliable services; however, in terms of their withdrawals I have a real big bone to pick. Their withdrawal forms have a number of options available on it but they can’t actually be used and the fact that withdrawal processing takes 10 days is just outrageous.

    Helpful(0) Unhelpful(0)You have already voted this

Leave a reply

Your total score

Login/Register access is temporary disabled
Compare items
  • Forex Broker (0)
  • Binary Options (0)
Compare
0