IC MARKETS REVIEW - 2019

Forex Brokers are like air in your trading life, the less it polluted the better it’s for your trading health. But, even experienced Forex traders are virtually unable to open an account with multiple Forex Brokers and evaluate them one by one, neither are retail traders interested in it. However, for you, our research team of experienced Forex traders is committed to rigorous assessment of Forex Brokers. Check out the IC Markets Review 2019 in depth!

Why IC Markets is Reviewed the Best Broker in 2019?

  • IC Markets Review 2019 – IC Markets is Regulated by ASIC (Australia) ACN  123 289 109

  • Lightning Fast Order Execution – IC Markets has servers in the NY4 & LD5 IBX data centres.

  • A True ECN/STP Forex Broker.

  • Excellent Online Reputation – 3.7/5 Rating & 342 Reviews at ForexPeaceArmy and 9/10 Rating & 404 Reviews at Trustpilot.

  • Excellent Trading Conditions – Spread starting from 0 Pips, Low Swap Charges, No Requotes, and Low Slippage.

  • Lightning fast order Execution Speed from 40 ms to 120 ms.

  • Fund Security by Segregation of Clients Account with reputed National Australia Bank (NAB) & Westpac Banking Corporation, Australia.

  • Member of Financial Ombudsman Service (FOS), an external dispute handling body.

  • Offers Value Added Trading Tools for Traders – Advanced Trader Tools, EA Lab Trade View, MAM/PAMM, Myfxbook Autotrade, ZuluTrade, FIX API Trading, Market Analysis, VPS (Virtual Private Servers), Free online Educational Tutorial.

  • FIX API trading option for Institutional and Veteran Forex Traders.

  • 24/5 professionally trained Live Chat Support.

  • Best suitable for Beginners, Experienced and Institutional Traders. 

51 Reasons to start trading with IC Markets?

SECURITY OF FUNDS

Formal Name

IC Markets – International Capital Markets Pty Ltd

Headquarters

Australia | Level 6 309 Kent Street | Sydney | NSW 2000

Operating Since

2007

Owner

Andrew Budzinski

Financial Ombudsman Service (FOS)

Bank

National Australia Bank (NAB) | Westpac Banking Corporation, Australia.

Segregated Client Accounts

Yes

Insurance by

Online Reputation

ForexPeaceArmy – 3.7/5 Rating & 393 Reviews | Trustpilot – 9/10 Rating & 404 Reviews.

TRADING CONDITIONS

Trading Volume

486 Billion USD

Spread

EURUSD – 0.1 Pips | EURGBP – 0.4 Pips | GBPJPY – 0.8 Pips | Gold (XAUUSD) – 12 Pips

Leverage

Up to 1:500

Order Execution Speed

40 ms to 120 ms (Servers in the NY4 & LD5 IBX data centres)

ECN Commission

$7 (100K Round Turn)

Transaction Cost of 100K Trade

        $8 to $11 (EURUSD)

Overnight Swap Charges for 100K

EURUSD – Long ($ -7.8) | Short ($ 5.8)

Margin Call | Stop out

Margin Call at 100% | Stop out level at 50%

Slippage 

< 10 Pips (during normal market hours)

Requotes

No

Scalping | Hedging | EA Trading

                  Allowed

FIFO Rule

No

Order Execution

ECN/STP Execution | No Dealing Desk (NDD) | Direct Markets Access (DMA) | Market Execution

Max. Lot Size

200 Lots

Max. Number of Orders

200 Orders

Margin on Hedged Positions

0%

Average Weekend Gap (EURUSD)

8.4 Pips

FIX API Trading

Available

TRADING PLATFORM & INSTRUMENTS

Trading Platforms 

MT4 Desktop, MT4 Mac, MT5 Desktop, Webtrader, MT4 Mobile (iOS & Android), cTrader, cTrader Web, cTrader cAlgo, cTrader Mobile

Range of Markets ↓

Number of Trading Instruments

Forex

57

Indices

15

Commodities

2

Cryptocurrencies

Bitcoin | Bitcoin Cash | Ethereum | Dash | Litecoin | Ripple

Precious Metals

Gold | Silver | Platinum | Palladium

Energies

Oil and Gas

Soft Commodities

Coffee | Cocoa | Sugar | Cotton | Orange Juice | Corn | Soybean | Wheat

Stocks

120

Futures

12

Bond Futures

18

DEPOSIT & WITHDRAWAL

Min. Deposit

200 USD or equivalent in other currencies.

Account Currencies

USD | EUR | AUD | GBP | JPY | CAD | SGD | HKD | NZD | CHF

Deposit and Withdrawal Methods

Visa & Master Card | Bank Wire Transfer | Skrill | Neteller | Paypal | Other Local Funding Methods (Outside Australia) | Fasapay | Poli | Bpay | China Union Pay | Qiwi | Broker to Broker Transfer | Thai Internet Banking | Bitcoin Wallet | Webmoney.

Deposit Fee

Zero

Withdrawal Fee

Depends on Withdrawal Method

Withdrawal Time

Instant to 48 hours (depends on withdrawal method)

OTHER IMPORTANT FEATURES

Smart Trader’s Tools

Advanced Trader Tools | EA Lab Trade View | MAM/PAMM, Myfxbook Autotrade | ZuluTrade | FIX API Trading | Market Analysis | VPS (Virtual Private Servers) | Free online Educational Tutorial

Live Chat Support

24*5 Professionally trained Live Chat Support

Support Languages

English | Greek | Chinese | Spanish | Romanian | Russian | French

Islamic Account

Yes

Accepts US Clients

No

If you enjoyed this review and it helped you in understanding IC Markets unique features, we’d be very grateful if you’d help to spread it by emailing this review to your friends or fellow Forex traders, or sharing it on Twitter or Facebook to create awareness about freedom, flexibility and earning opportunities with IC Markets (Australia). Thank you.

Happy Trading Tradestie!!

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