Icmarkets Broker Review
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Founded in 2007, International Capital Markets Pty Ltd (IC Markets) was established in Sydney and acquired an Australian Financial Services License (AFSL) with the Australian Securities and Investment Commission (ASIC) in 2009.
In addition to providing traders 63 forex pairs and 41 CFDs on indices, metals, cryptocurrencies and futures contracts on its available account types, IC Markets also provides social copy trading via Myfxbook and on the ZuluTrade platform.
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- Minimum Deposit – 200 USD
- Spread – from 0.0
- Maximum Leverage – 500:1
- Robot Trading – Yes
- Scalping – Yes
- Hedging – Yes
- Regulation – Yes
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IC Markets Q&A
Is IC Markets regulated?
Yes. IC Markets is licensed and regulated by the Australian Securities & Investments Commission (ASIC) under license number 335692.
Where is IC Markets based?
IC Markets is based out of Australia at Level 6 309 Kent Street Sydney, NSW 2000.
How does IC Markets make money?
IC MArkets makes its money by charging traders small spreads on the trades they executed through the broker. Also, for the ECN trading accounts, the brokerage collects a small commission on each trade.
How do I deposit in IC Markets account?
Deposits can be made via the following methods; Credit and Debit Cards, Bank Wire Transfers, Broker to Broker transfers, Branch Cash Deposit, BPay Deposit, PayPal, Skrill, Neteller, WebMoney, QIWI, China Union Pay, FasaPay, and POLi.
How do I withdraw money from IC Markets?
Withdrawals can be made via most of the same methods as deposits.
How do I open an account with IC Markets?
To open an account with IC Markets, all you must do is fill out the application form via the IC Markets website, provide them with your personal identification information, and fund your account with a minimum of $200.
Is IC Markets reliable?
Yes. IC Markets has been competently offering trading services since 2007.
Does IC Markets use MetaTrader?
Yes, IC Markets uses the Meta Trader 4 and Meta Trader 5 platforms.
What is IC Markets leverage?
The maximum leverage provided by IC Markets is 1:500.
Is IC Markets a scam?
No. IC Markets is not a scam as it is licensed and regulated in Australia and has a viable reputation among traders.
How safe is IC Markets?
IC Markets is a safe broker as it is compliant with all regulatory requirements and uses the latest encryption technology to keep your personal information safe. As well, they have years of experience operating in the online trading industry.