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IC Markets Guide – Read our In-Depth IC Markets Review

IC Markets Rating: 8.34 / 10

This page contains information about investing with IC Markets. It is intended for educational purposes only and should never be considered financial advice. CompareBrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.

All of the information about the brokers you see reviewed on CompareBrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.

Losses can exceed deposits

This IC Markets review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this IC Markets review does not apply to users in United States, Canada, Israel, New Zealand, Japan, and Islamic Republic of Iran.

This IC Markets review contains the latest information about IC Markets.

If you're a new entrant in the world of trading and broker, so many details will be confusing for you. Getting into the world of trading requires expert assessing skills and comprehensive knowledge. You will get proficient at all of the concepts of brokerage since you keep trading. For starters, you have to choose the right broker who will be transparent with you constantly.

Within this fast-paced world of stock markets and trading, you will need advice to make correct decisions. A professional, direct investment program could aid you in minimising any losses and maximising any profits. IC Markets is just one such platform that will assist you. It's important that you understand about IC Markets until you trust them with your money.

IC Markets review screenshot

IC Markets Guide for 2022 – Quick Overview

IC Markets Telephone Number: +248 467 19 76
IC Markets Email Address: support@icmarkets.com
IC Markets Address: Level 4, 50 Carrington Street, Sydney NSW 2000
Year Founded: 2007
Regulated By: Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Hedquarters: Australia
Minimum Deposit: $200
Number Of Clients: 60,000+ IC Markets users and traders
IC Markets LinkedIn: https://www.linkedin.com/company/icmarkets/
IC Markets Facebook: https://www.facebook.com/icmarkets
IC Markets Facebook Likes: 395,575
IC Markets Twitter: @IC_Markets
IC Markets Twitter Followers: 8,091
IC Markets Instagram: https://www.instagram.com/icmarkets/
IC Markets Instagram Followers: 16,000
IC Markets Youtube: https://www.youtube.com/channel/UCOYatppNGIaS0uEW3D6T8eg

Losses can exceed deposits

Our full IC Markets Review covers everything you will need to know about trading with IC Markets. A fantastic broker can use your first investments and help to protect it from losses but also give you a platform that can provide you profits. If you want to make profits, you must trade with a broker service that aligns with your investment goals.

There is no sure-fire method to ensure profits; therefore, you should carefully analyze your agent before you select them. It's a frequent misconception that all agents are exactly the same, but that is not correct. Wrong judgment, in the beginning, can set your investments at risk.

IC Markets is a broker that has paved its way successfully into the broker world. In this review, we've tried to collate a number of the important facets of IC Markets. This review will allow you to know whether IC Markets is a good match for your own investments or not. We have attempted to breakdown all the qualities and charges for your advantage.

IC Markets Review, Table Of Contents

Who are IC Markets?

IC Markets is a foreign exchange broker headquartered in Australia and provides a variety of tools for online trading. Since its beginning in 2007, IC Markets has emerged as a top-tier player in the field of online brokerage. IC Markets includes a highly competitive and full-featured trading website that is focused on forex, indices, metals, shares, commodities.

Over the past 15 years, IC Markets has grown into one of the leading online brokers.

After launching in 2007, their consumer base is becoming as large as 60,000+ clients.

IC Markets is a favourite of many dealers because of its negative balance protection. Our IC Markets review found that they are an superb choice for automated trading solutions. It is most appropriate for investors that are searching for an assortment of assets. Social and automated trading solutions are the core at IC Markets.

Technology plays a significant role at IC Markets. IC Markets offers trading on MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac. IC Markets is fair, transparent, and also a well-regulated broker by the Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC). Their outstanding variety of resources will be beneficial for most traders. Third-party partnerships also supply in-house research.

Who Founded IC Markets?

The founders of IC Markets are Andrew Budzinski

The founders of IC Markets are known for their expertise in the sphere of online trading. However, there are a lot of other key men and women in IC Markets who have a significant contribution to it's success.

The trader resource section at IC Markets is quite insightful for new traders as it allows them to get a closer look in the financial markets. IC Markets caters to all sorts of traders and are a must-have broker for any well-diversified method of online trading.

IC Markets Videos

Benefits of doing online trading with IC Markets in 2022

Trading with IC Markets comes with many advantages. These advantages are what sets IC Markets ahead of all other online brokers. You need to check all of the advantages listed so that you have a better understanding of IC Markets.

The broker goes to great lengths to understand what dealers want. As a result, the service, quick, and convenient. The agent also provides a number of programs for all types of traders. IC Markets ensures that the individual needs of all traders are met to the best of their ability.

IC Markets also features excellent trading conditions which are readily available to just an elite class of institutional clients. The tight spreads and quick executions are a fantastic advantage for the traders. The technology embraced by IC Markets is among the highest caliber, making sure that it's fast, reliable, and effective.

IC Markets acknowledges the importance of owning a fast order execution. A fast implementation enables users to trade without fretting about slippage safely. It is going to also aid the traders to catch any opportunities.

Copy trading is another important facet of IC Markets. A new trader can learn from business experts utilizing the automated copy trading option. This means you can monitor the best performing brokers and instantly copy their trades and benefit from their expertise

To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, IC Marketsoffers social trading which encompasses leading traders sharing their knowledge with the community. Which stocks they are following, what stocks to buy, and what stocks to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of copy trading.

IC Markets has over 232 trading instruments to support all kinds of traders. These tools are dynamic and convenient for both new and seasoned traders. The traders can put aside all their concerns when trading using IC Markets.

IC Markets overview

Year Founded: 2007

Regulated By: Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)

Hedquarters: Australia

Minimum Deposit: $200

Number Of Clients: 60,000+

Losses can exceed deposits

If you feel that IC Markets is not right for you then at the bottom of this IC Markets review you wil find a lot of alternatives to IC Markets.

What you should know about trading using IC Markets

IC Markets is a dynamic platform that offers various methods of trading. These tools cover the monetary markets considerably. Most of the broker platforms provide less methods than IC Markets

If you would like to exchange with IC Markets, you'll require a minimum deposit of $200. This deposit is mandatory if you wish to start trading with IC Markets. This 2022 IC Markets review will guide you safely about trading with them.

IC Markets is as flexible as any other broker platform. IC Markets is great for traders who want a manageable assortment of low-cost services. The programs supplied by IC Markets are third-party, white-label offerings. All traders may choose from MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac.

Along with everything, IC Markets has multiple benefits to new and verteran traders and should be investigated. There's no minimum time over which a transaction must be kept open. The agents provide premium customer service which rewards customers with advantages.

Many unprofessional brokers try to pressurise customers into bigger funding for premium services. IC Markets, on the other hand, is much more focused on trading volume. Dealers can expect trading conditions to be just, honest and transparent. The more lots traded by the user, the further advantages will become available.

IC Markets accounts are available around the world and provides excellent service wherever they have clients. There are some select few countries where IC Markets accounts are not available. Traders in the following countries cannot open or use a IC Markets account:

United States, Canada, Israel, New Zealand, Japan, and Islamic Republic of Iran.

Is IC Markets Safe To Trade With in 2022?

Established in 2007, IC Markets has been open for 15 years, they have a head office in Australia.

IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC). These bodies have rules that make sure that trading platforms have steps in place to keep investor's assets procured. This usually means that IC Markets users do not need to worry about their money since it's segregated and safely stored in banks that are established. SSL encryption simplifies each user's private information as well.

You are able to make use of a choice for Two Factor Authentications (2FA) with IC Markets for heightened security. An SMS with the confirmation code will be sent to a phone. You'll be required to enter this code to log in to your account.

Another concern with financial brokers with regards to security may be manipulation of trading. This is highly disadvantageous for consumers on those platforms. Nonetheless, this is more widespread in the example of Market Maker brokers who compete with users on the platform.

IC Markets Risk Disclaimer

Losses can exceed deposits

Pro's & Con's Of Trading With IC Markets

Every online trading platform has a few ups and downs, and no IC Markets review would be complete without showing both sides. This IC Markets review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

IC Markets Pro's

  • IC Markets is trusted by 60,000+ clients
  • IC Markets offers Negative Balance Protection
  • IC Markets has low minimum deposit requirements
  • IC Markets doesn't charge withdrawal fees
  • IC Markets doesn't charge inactivity fees
  • IC Markets offers social trading
  • IC Markets offers copy trading
  • IC Markets offer trading on MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac
  • IC Markets offer 232 trading instruments
  • IC Markets trades major forex pairs
  • IC Markets trades minor forex pairs
  • IC Markets trades exotic forex pairs
  • IC Markets offers trading on cryptocurrencies
  • IC Markets can communicate in English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more

IC Markets Con's

  • IC Markets does not offer Guaranteed Stop Loss
  • IC Markets charge deposit fees
  • IC Markets charge CFD fees
  • IC Markets doesn't offer trailing stop

IC Markets Review - Compare Brokers Similar To IC Markets

IC Markets
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Binary.com
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nsfx
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icm capital
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Rating 8.34 / 10 2.11 / 10 4.15 / 10 5.9 / 10
Minimum Deposit $200 $250 $250 $250
Year Founded 2007 2014 2021 2015
Headquarters Australia United States Russia Geneva
Regulated By Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Unregulated Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F288 Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F258
Clients 60,000+ 10,000+ 10,000+ 10,000+
Find Out More


Losses can exceed deposits


Your capital is at risk


Your capital is at risk


Your capital is at risk

IC Markets Review - Regulation And Licencing In More Detail

IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).

IC Markets, as a business, has a powerful set of rules for ensuring honest trading onto its own platform. For information encryption purposes, it supplies an industry-standard secure socket layer (SSL).

As per the organization's privacy regulations, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.

IC Markets Review - Awards

IC Markets have won several industry awards over the time they have been running as a financial broker. We list the most notable awards for IC Markets below.

  • In 2012 IC Markets was awarded Asia-Pacific Financial Investment Association Financial Institution of the Year.
  • In 2013 IC Markets was awarded Forex Magnates Awards Best Retail Broker Execution.
  • In 2019 IC Markets was awarded ADVFN International Financial Awards Best ECN Broker .

IC Markets Trading Platforms

IC Markets are a reputable broker that has been operating for over 15 years. They offer a wide range of options in their client accounts.

Below we take the main parts of any great online trading platform and compare IC Markets against Binary.com, nsfx, and icm capital

IC Markets
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Binary.com
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nsfx
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icm capital
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Demo Account Yes Yes Yes Yes
Proprietary Platform
Windows App Yes Yes Yes Yes
Mac App Yes Yes Yes Yes
Linux App No No No No
Social Trading Yes Yes No Yes
Copy Trading Yes Yes No Yes
MetaTrader 4 (MT4) Yes Yes Yes Yes
MetaTrader 5 (MT5) Yes Yes Yes Yes
cTrader Yes Yes Yes Yes
DupliTrade No Yes No Yes
ZuluTrade


Losses can exceed deposits


Your capital is at risk


Your capital is at risk


Your capital is at risk

IC Markets Review - IC Markets MetaTrader 4 (MT4)

MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.

The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.You can start using the MetaTrader 4 platform with IC Markets in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. IC Markets MetaTrader 4 is compatible with the latest macOS. IC Markets allows traders to trade on mobile devices through Android and iOS devices.

Metatrader 4 Webtrader and IC Markets

MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.

Trading With IC Markets MetaTrader 4 On iOS Devices

You can download the IC Markets app or also trade with IC Markets through the MetaTrader 4 application on the Apple app store.

Download the IC Markets MetaTrader 4 Program free of charge from Apple's App Store. IC Markets customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.

Trading With IC Markets MetaTrader 4 On Android Devices

Andorid mobile devices and tablets are used by millions of people globally. IC Markets provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 60,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android IC Markets MetaTrader 4 Android application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.

IC Markets Review - Minimum Deposit Required

The minimum deposit you must deposit to get started on IC Markets is $200. This is a decent amount for people just starting out. It's possible to create more advanced deposits as you go along. But, ensure you understand how to make the most of your money before investing in larger sums.

IC Markets Review - Commission And Fees Explained

IC Markets is an online brokerage platform, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled much better. In other words, an internet broker isn't necessarily influenced by the amount of customers they have.

But this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily three types of fees for this objective.

The first kind of fees to keep an eye out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you are charged trading fees. In such instances, you are spending a spread, funding speed, or even a commission. The sorts of trading charges and the prices vary from broker to broker.

Commissions can be fixed or determined by the traded volume. On the flip side, a spread denotes the difference between the buying and selling cost. Financing or overnight rates are those who are billed when you hold a leveraged position for longer than a day.

Aside from trading fees, online agents also bill non-trading fees. These are determined by the actions you undertake on your accounts. They're billed for things like depositing cash, not investing for long periods, or withdrawals.

Generally, IC Markets does not charge high fees in comparison to other online agents. For operations other agents charge for, they either do not charge a broker fee, or they charge a lesser amount. This is beneficial for people who regularly exchange, for example weekly or daily trading.

But, non-trading fees charged by IC Markets are comparatively greater. Consequently, you are billed more for non-trading actions in your trading accounts, like deposits and withdrawal. These are not about the sale and purchase of resources.

This IC Markets review breaks down each of the applicable non-trading fees for you in detail.

Compare Broker Fees Of IC Markets

IC Markets
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Binary.com
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nsfx
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icm capital
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Minimum Deposit $200 $250 $250 $250
Withdrawal Fees No Yes Yes Yes
Inactivity Fees No Yes No No
Deposit Fees Yes Yes Yes No
CFD Fees Yes Yes No Yes


Losses can exceed deposits


Your capital is at risk


Your capital is at risk


Your capital is at risk

IC Markets Review - Withdrawal Fees Explained

IC Markets doesn't charge withdrawal fees

Withdrawal of money is possible at any time from the IC Markets account. You can withdraw up sums to the sum of your account balance, keeping aside the margin utilized. One thing to remember is that you don't always have to have any money on your accounts.

In addition, the withdrawn money will be transferred directly to the account you use to create deposits. Thus, in the event that you used a credit card for deposits, then the withdrawn cash is going to be sent to the card. IC Markets will ask you to offer other withdrawal methods if your details have changed since your deposit.

There is a minimum withdrawal amount. In case you're withdrawing cash in different currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the currency you're choosing to withdraw in.

IC Markets Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is one of those buzzing questions that run through your head when open an account with IC Markets. An inactivity fee is an amount charged to registered traders that have not engaged in purchasing or selling for a while. The period considered inactive is decided by the agent.

The inactivity fee differs from one broker to another and isn't standardized. If a dealers account does not have a purchasing or selling trade, it is claimed by the agent as an inactivity charge. The traders have to pay this fee under terms and conditions that they had agreed while registering.

IC Markets doesn't charge inactivity fees so you are free to utilize your account as needed

Even if no fees have been implied by IC Markets, it's best for you to close the account if you are inactive. Inactivity fees are not only charged by brokerage companies but also many financial services.

For other trading platforms, the inactivity fee depends upon the type of account you've selected. The inactivity fee is exposed to many circumstances and needs to be disclosed clearly by the agent beforehand.

IC Markets Review - Deposit Fees Explained

When you move money into your trading account by your bank account, a deposit fee can be charged by the broker. Most brokers do not charge an excessive amount of money for this operation.

IC Markets charges a deposit fee for transferring money into your trading account.

Depositing cash on the IC Markets trading platform is easy. You simply have to complete a single-user profile questionnaire to start depositing money into your trading account. You'll have to provide an identity evidence and evidence of residency to deposit substantial sums.

IC Markets Review - Compare Broker Deposit Methods

IC Markets
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Binary.com
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icm capital
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Minimum Deposit $200 $250 $250 $250
Credit Card Yes Yes Yes Yes
PayPal Yes No Yes Yes
Neteller Yes No Yes Yes
Skrill Yes No Yes Yes
Payoneer No Yes Yes Yes


Losses can exceed deposits


Your capital is at risk


Your capital is at risk


Your capital is at risk

What Can You Trade With IC Markets in 2022?

Note: IC Markets provides a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered may be different based on the country of residence of the client.

IC Markets has a wide variety of over 232 instruments available for you to trade with.

If trading currency pairs is of interest to you then IC Markets offer over 65 currency pairs.

Compare IC Markets, Binary.com, nsfx & icm capital below.

IC Markets
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Binary.com
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nsfx
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icm capital
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Platforms MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, iOS, MacBook, iPhone MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
Instruments Available 232 53 171 141
Forex & Crypto
Forex Pairs Available 65 141 111
Offers Major Forex Pairs? Yes Yes Yes Yes
Offers Minor Forex Pairs? Yes No Yes Yes
Offers Exotic Forex Pairs? Yes No Yes Yes
Offers Cryptocurrencies? Yes Yes Yes Yes
Commodity CFD's
Commodities Offered 19 0 87 57
Trade Metals? Yes No Yes Yes
Trade Energies? Yes No Yes Yes
Trade Agricultural? Yes No No No
Indiced & Stock CFDs
Stocks Offered 100 0 87 57
Trade UK Shares? No Yes No No
Trade US Shares? Yes No No No
Trade German Shares? Yes No Yes Yes
Trade Japanese Shares? Yes No No No


Losses can exceed deposits


Your capital is at risk


Your capital is at risk


Your capital is at risk

Reviewing The IC Markets Mobile App

Note: IC Markets's mobile app has many functions and is being constantly improved. The table below was correct at the time of writing this IC Markets review.

Understand the capabilities of the mobile apps of IC Markets, Binary.com, nsfx & icm capital below.

IC Markets
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Binary.com
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nsfx
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icm capital
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Basic Alerts / Push Notifications Yes Yes Yes Yes
Watchlists
Has A Watchlist Yes Yes No Yes
Watchlist Syncs Across Platforms Yes No Yes Yes
Indicators And Charts
App Indicators Yes Yes No Yes
Can Draw Trendlines Yes No Yes Yes
Can Move Trendlines Yes Yes No Yes
Has Multiple Timeframes Yes No Yes Yes
Saves Charts Yes Yes No Yes
Other Broker Mobile App Functions
Has Economic Calendars Yes Yes No Yes


Losses can exceed deposits


Your capital is at risk


Your capital is at risk


Your capital is at risk

Trading Education Available At IC Markets

Understand the trading resources available with IC Markets, Binary.com, nsfx & icm capital below.

IC Markets
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Binary.com
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nsfx
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icm capital
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Forex Education Yes Yes No Yes
CFD Education Yes No Yes Yes
Regular Client Webinars Yes Yes No Yes
Archived Webinars Yes No Yes Yes
Beginner Trading Videos Yes Yes No Yes
Advanced Trading Videos Yes No Yes Yes
Investor Dictionary (Glossary) Yes Yes No Yes
PDF Trading Guides Yes No Yes Yes


Losses can exceed deposits


Your capital is at risk


Your capital is at risk


Your capital is at risk

IC Markets Customer Support

While collating our IC Markets review we looked at the customer service options, response times and the IC Markets trading platform problem solution effectiveness. IC Markets provides support in a wide range of languages, including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more.

IC Markets Live Chat Support

We tested the live chat on IC Markets and it works well. We have sent messages via IC Markets livechat via their website and app and recieved a response after 10 seconds. On Occasion there was no response.

We tested communicating via IC Markets support in multiple languages and in various countries. IC Markets were able to resolve our client's issues.

IC Markets Phone Support

We called IC Markets and the call was answered very quickly. We were able to have the call answered in less than 5-10 minutes.

IC Markets phone support team were able to successfuly answer our questions and issues on the phone. We tried the multilingual IC Markets team by calling in varying languages. IC Markets made efforts to ensure that our questions were addressed.

The overall support via phone from IC Markets was satisfactory.

IC Markets Email Support

We have sent numerous email to IC Markets and answer times overall were excellent. The fastest email response from IC Markets was 2 hours while the longest response time was 3 days! Sometimes , there was no response. Response times to support may differ depending on what is needed from IC Markets, however we have had this experience sending out 10 emails at different times.

The team resolved and answered our queries. The overall average of email support provided by IC Markets was excellent.

Alternatives To IC Markets

If, after reading this IC Markets review, they don't meet your requirements check out these IC Markets alternatives.

We have scoured the internet to find the best alternatives to IC Markets. Click the links below to find out more.

Frequently Asked Questions about IC Markets

Can I try IC Markets before I buy?

Yes, you can most definitely try IC Markets before you buy. IC Markets provides demo accounts for the convenience of new traders. You may use this feature to build your faith in the system as well as yourself and your trading strategies.

If you register for a demonstration account on IC Markets, you may set out using a decent amount of virtual currency. It's to establish a sense of security and confidence in you until you decide to spend your own money.

With this digital IC Markets demo account, you can experiment in any way, to whatever length you desire. You might also start positions, test different trading approaches, and more.

IC Markets specifies on its official site which you are able to trade real time stocks in a demo account.

Is IC Markets safe?

You can drop all of your worries because we believe that IC Markets is completely safe to use. It's in compliance with all the rules of Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).

Even so, IC Markets does not provide assured stop-loss protection.

Why does IC Markets ask for my passport?

The reason that IC Markets asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, IC Markets has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, IC Markets must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with IC Markets?

The process to start trading withIC Markets is perhaps simple enough to be a cakewalk. You need to begin by signing up on the IC Markets website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with IC Markets is $200. You should have a good hold over the details of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with IC Markets.

The best way to kickstart your trading career with IC Markets is to open a demo account facility before risking any real money

What funding methods do IC Markets accept?

There are multiple ways to finance your account with IC Markets. The process is effortless and quick, with different payment methods at your fingertips.

You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing funds. You have to bear in mind that PayPal is not available in every place. The monies IC Markets

Is my money safe with IC Markets?

Yes, your cash is safe and protected with IC Markets. As you already know, IC Markets operates with proper conformation to. It has established plenty of steps to guard all of its investors.

IC Markets safeguards its customers' personal and sensitive data under SSL encryption. Your funds will be kept highly secure in top-tier banks.

If you want to further safeguard your account, it is possible to empower Two-Step Verification also. It takes an SMS confirmation that you get your accounts.

Is IC Markets trading good?

Yes, trading through IC Markets is a pleasant and good experience indeed. It's a great and intuitive platform with useful features for your ease. Moreover, you could also obtain access to a vast collection of educational tools and assistive material to kickstart your trading experience.

If you are still skeptical, you can start a eToro demo account and evaluate the trustworthiness of the platform for yourself.

Which Countries do IC Markets support?

IC Markets operates around the world. However, due to regulations IC Markets can't accept clients from United States, Canada, Israel, New Zealand, Japan, and Islamic Republic of Iran.

Is IC Markets legit?

IC Markets is a legit company headquarted in Australia since 2007. They are regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC). IC Markets is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is IC Markets a good broker?

IC Markets is a great agent, and its own users may vouch for it. The highlight of this platform is its quick order execution on trades.

You'll discover the clean layout of the platform and the commendable features that a pleasure to work with.

Is IC Markets a trustworthy broker?

Yes, IC Markets is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 60,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for IC Markets?

The minimum deposit to open a live account with IC Markets is $200

How long do IC Markets withdrawals take?

Normally, withdrawal of money from IC Markets is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from IC Markets to show in your bank account.

Are IC Markets regulated?

IC Markets are regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)

Is IC Markets a market leading broker?

IC Markets is indisputably among the business leaders. It has over 60,000+ registered users and over 15 years of expertise on its own record. They're among the world's top trading platforms and a prominent figure in the Fintech revolution.

It majorly owes this status to its incredible platform and wide selection of resources plus tools so you may put money into capital markets.

Is IC Markets a con?

No, IC Markets is not a con. They are regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) and must adhere to their rules. Thus, it is safe to say that IC Markets is not a scam.

Can you make money with IC Markets?

Using IC Markets, many traders make a great deal of cash. But typically, through continual trading, you also can create between 2% - 10% profit a month.

This can look to be a little number, but within the year, this adds to a significant number of gains. While IC Markets provide you all the tools to make money, they cannot guarantee you will gain.

Does IC Markets have fees?

Yes. To start trading with IC Markets, you have to deposit $200. Certain commissions while trading also apply. Any processing fees from your bank might need to be incurred by you.

When was IC Markets founded?

IC Markets was founded in 2007 in Australia. IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).

How many people use IC Markets?

IC Markets is a worldwide recognised agent with 60,000+ customers.

Where is the IC Markets head office?

IC Markets has its head office in Australia

Does IC Markets offer negative balance protection?

Yes, IC Markets has Negative Balance Protection. It is specially offered when the market volatility prevents clients from letting their account go into the red. In such a scenario, IC Markets offers the ability to reset a clients account balance to zero.

You can go through the critical terms and conditions on IC Markets's website to comprehend their policies better.

Does IC Markets offer guaranteed stop loss?

IC Markets unfortunately, doesn't provide guaranteed stop loss. IC Markets gives a chance for its dealers to close their trade at their specified price. Apart from that, IC Markets doesn't provide guaranteed stop loss.

Does IC Markets allow scalping?

Yes, IC Markets do permit scalping. Several traders throughout the world choose IC Markets due to their scalping services. They offer trading on MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac which allow this.

Does IC Markets allow hedging?

Yes, IC Markets does allow hedging.

Can you trade energies with IC Markets?

Yes, you can trade energy stocks with IC Markets

Can you trade agricultural shares with IC Markets?

Yes, you can trade agricultural stocks with IC Markets

Can you trade cryptocurrency with IC Markets?

Yes, you can trade cryptocurrency with IC Markets

Can you trade metals with IC Markets?

Yes, you can trade metals with IC Markets

Can you trade UK Shares with IC Markets?

No, unfortunately you cannot trade UK shares with IC Markets

Can you trade US Shares with IC Markets?

Yes, you can trade US shares with IC Markets

Can you trade Japanese Shares with IC Markets?

Yes, you can trade Japanese shares with IC Markets

Can you trade German Shares with IC Markets?

Yes, you can trade German shares with IC Markets

Does IC Markets accept bank transfers?

Yes, IC Markets accepts bank transfers for depositing money.

Does IC Markets accept credit cards?

Yes, IC Markets accepts credit cards for depositing money.

Does IC Markets accept PayPal?

Yes, IC Markets accepts PayPal for depositing money.

Does IC Markets accept Skrill?

Yes, IC Markets accepts Skrill for depositing money.

Does IC Markets accept Payoneer?

No, IC Markets does not accept Payoneer.

Does IC Markets accept Neteller?

Yes, IC Markets accepts Neteller for depositing money.

Does IC Markets offer Live Chat customer support?

Yes, IC Markets offers customer support through live chat.

Does IC Markets offer phone customer support?

Yes, IC Markets offers customer support over the telephone.

Does IC Markets offer email customer support?

Yes, IC Markets offers customer support through email.

What languages can IC Markets communicate in?

IC Markets has the ability to communicate and support customers who speak: English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more

Does IC Markets have a wikipedia page?

Yes, IC Markets does have a wikipedia page. It can be found at https://en.wikipedia.org/wiki/IC_Markets

Does IC Markets offer demo accounts?

Yes, IC Markets offers demo accounts so you can learn their systems before risking any real money. Newbie traders can open a virtual portfolio account in order to better understand the aspects of Forex trading and test out some of IC Markets's features before getting a live account.