IC Markets: broker information
IC Markets – the largest CFD broker in the forex market, positioning itself as a leader among large traders, scalpers, and robot users. Daily, the platform conducts half a million transactions for 100,000 clients worldwide, with 90% successful trades.
History and Registration
The broker was founded in 2007 in Sydney by financiers who had successfully worked on exchanges in Europe, Asia, and America. The legal entity IC MARKETS (EU) LTD is registered in Cyprus and accredited by the Cyprus Securities and Exchange Commission, as well as the Financial Services Authority. The central office of IC Markets is located in the Seychelles. Contact options include phone, email, and a 24/7 feedback form. Broker websites: icmarkets.com, icmglobaltrading.com.
Trading Conditions
There are 3 types of accounts available on the platform: Standard, Raw Spread, and Raw Spread (cTrader).
- Standard Account: spread 1.0, no commission per lot, minimum deposit $200, 64 currency pairs available, leverage 1:200.
- Raw Spread: minimum spread, commission starting from $3 per lot, minimum deposit from $200, suitable for day traders, scalpers, and advisor users.
- Islamic Account: no swaps, fixed daily rollover fee, leverage 1:500, available on Meta Trader 4 and 5 platforms.
Account Funding and Withdrawal
Various methods are available for account funding: bank transfer, card, online banking, PayPal, and others. IC Markets does not charge a commission, but the client pays the bank’s transfer fee. Funds are credited instantly, and it is recommended to use the personal account.
Withdrawals are possible until 19:00, and funds are credited to the account on the same day. Withdrawals to bank cards are commission-free. For international bank transfers, the client pays a bank fee of 20 AUD.
Reviews
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