IC Markets Accounts
IC Markets Broker Review
IC markets is an online broker that can work well for both beginners and novice traders. This trading platform is regulated by ASIC, CySec, FSA. You can trade with multiple instruments including CFD, Forex, Crypto, Futures. The minimum deposit fee is $200 that is a little high for beginners. If we talk about the minimum trade amount to start with it varies depending upon the assets. IC Market offers automatic trading with EQUINIX NY 4. You can open multiple trading amounts by paying low forex fees. Your capital might be at risk because this Review is entirely based on estimations and factual information.
Unlike many other online trading platforms, IC Markets offers to customize assets tab. You can use the mobile app to operate your trading 24/7. It offers trading strategies like hedging and scalping that works well if you have knowledge of trading. If you are a beginner you can start with a demo account in order to do practice so you can trade without losing real money. You can select powerful trading platforms for multiple trading devices. It is used by hundreds of traders worldwide who are successfully making a real profit.
IC Markets Features
|
Instruments |
CFD,Forex,Crypto,Futures |
|
Demo Account |
Yes |
|
Minimum Deposit |
$ 200 |
|
Minimum Trade Amount |
0.01 Lots/Depending by the asset |
|
Stop out level |
50% |
|
Regulation |
Asic,CySec,FSA |
|
MT4/5 App |
Yes |
|
Ctrader App |
Yes |
|
Mobile Apps |
Android, Microsoft and iOS |
|
Automatic Trading |
Yes, EQUINIX NY 4 |
|
Pre-Orders |
Yes |
|
Signals |
Yes |
|
Islamic Accounts |
Yes |
|
Max Non EU Leverage |
1:500 |
|
Max EU Leverage |
1:30 |
Country Restrictions
| Accepted Countries |
Australia,Thailand, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and other countries. |
| Forbidden Countries |
United States, Canada, Zimbabwe, Iran, Iraq, Ghana, Ivory Coast, Cuba, Liberia, Niger, Togo. |
IC Markets Assets
Forex |
|
| Available Assets |
55 |
| Spread Average |
Ctrader ECN 0.00 pips |
Crypto |
|
| Available Coins |
Bitcoin, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC. |
| Spread Average |
0,60% |
Cfd, Stocks And Commodities |
|
| Available Assets |
50 |
| Spread Average |
1 pt, 0.5 pips |
Binary Options |
|
| Available Assets |
Not Provided |
| Early Closure |
– |
Conclusions about IC Markets
IC Markets is a leading online trading platform due to its true ECN account. This broker offers higher leverage in Australia and is considered a broker with low spreads and fees. This broker is a licensed broker with easy payment methods. Though Non-EU clients may face security problems regarding funds. There are three high-quality platforms offered by IC Markets. But as we know there are multiple risks associated with online trading, so you must do your research before investing in order to avoid financial losses.
The Review
IC Markets
PROS
- This social trading platform is regulated by ASIC.
- Hedging and Scalping strategy is allowed for traders.
- You can open multiple accounts easily and fastly.
- Offers free deposits and withdrawal.
- It offers low forex fees.
CONS
- Unavailable for US clients.
- There aren’t any fixed spreads available.
- Educational and guideline tutorials are limited.
- There isn’t any investor protection available for Non-EU clients.
IC Markets Accounts
Traders Cult test all brokers before making a review. We review regulated brokers only.
