IC Markets is one of the top brokers in the financial market.
IC Markets delivers an impressive range of social copy-trading platforms and platform plugins, and the broker’s research and educational offerings have recently improved to become more competitive with its industry peers.
IC Markets Trading Company is a great broker for scalping enthusiasts, automated trading lovers, and beginner traders.
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Summary of IC Markets
OFFICIAL SITE | Details Page |
IC Markets is a brokerage company established in 2007 in Sydney, Australia.
IC Markets group of companies provides access to financial markets across the world.
The group has offices located in different regions enabling IC Markets to work with traders from practically any jurisdiction legally and in compliance with the local law.
Trading Conditions | |
Trading platform |
МТ4, МТ5, cTrader |
Accounts | Demo, Raw Spread, cTrader, Standard, Islamic |
Account currency | USD, AUD, GBP, CHF, JPY, NZD, SGD, CAD, HKD, EUR |
Replenishment / Withdrawal | <Account currencies> Bank cards and Wire transfer, transfer from the broker’s account, <e-wallets> PayPal, Neteller, Skrill, Union Pay, BPay, POLI, Rapidpay, Klarna, Vietnamese Internet Banking |
Minimum deposit | $200 |
Leverage | From 1:1 to 1:500 |
PAMM-accounts | No |
Min Order | 0,01–200 (2000–cTrader) |
Spread | from 0.6 pips for the Standard account from 0.0 pips for cTrader and Raw Spread accounts |
Instruments | 60+ currency pairs, CFDs on futures, indices, commodities, metals, 2,100+ stocks, bonds, cryptocurrencies. A total of 2,100+ instruments |
Margin Call | 100% |
Stop Out | 50% |
Liquidity provider | NAB, Westpac |
Mobile trading | Yes |
Orders execution | Market Execution Order |
Trading features | Automated trading is allowed |
Contests and bonuses | When trading more than 15 lots — free VPS |
Account Type
Account Raw Spread (cTrader) |
Account Raw Spread |
Account Standard |
|
Trading Platform |
cTrader, TradingView | MetaTrader | MetaTrader |
Commission | $3.0($6.0 per USD 100k round turn) | $3.5($7.0 per lot round turn) | $0.0 |
Spreads from (pips) | 0.0 | 0.0 | 0.8 |
Starting Deposit (USD) | $200 | $200 | $200 |
Leverage | 1:1000 | 1:1000 | 1:1000 |
Maximum number of position orders per account | 2000 | 200 | 200 |
Server Location | London | New York | New York |
Micro Lot Trading (0.01) | ⚫︎ | ⚫︎ | ⚫︎ |
Currency Pairs | 61 | 61 | 61 |
Index CFD Trading | ⚫︎ | ⚫︎ | ⚫︎ |
Stop Out Level | 50% | 50% | 50% |
One Click Trading | ⚫︎ | ⚫︎ | ⚫︎ |
Islamic Accounts | ⚫︎ | ⚫︎ | ⚫︎ |
Trading Styles Allowed | All | All | All |
Order Distance Restriction | None | None | None |
Programming Language | C# | MQL4 | MQL4 |
Suitable For | Day Traders & Scalpers | EAs & Scalpers | Discretionary Traders |
Account Raw Spread(cTrader)
- Raw Pricing
- Spreads from 0.0 pips
- Fast order execution
- 1:1000 Leverage
- Deep liquidity
Account Raw Spread
- Raw Pricing
- Spreads from 0.0 pips
- Fast order execution
- 1:1000 Leverage
- Deep liquidity
- MetaTrader 4 & 5
Raw Spread account offers some of the lowest possible spreads available. Average EUR/USD spread is 0.1 pips, with only a small commission of $3.50 per lot payable per side.
With Deep liquidity and fast execution, IC Markets Global Raw Spread account was built for day traders, scalpers and expert advisors.
Account Standard
- Raw Pricing
- Commission Free
- Fast order execution
- 1:1000 Leverage
- Deep liquidity
- MetaTrader 4 & 5
The Standard Account from IC Markets Global offers speed of execution with no rivals.
Combine this with an all inclusive spread starting from 0.8 pip, Equinix NY4 servers in New York, a group of up to 25 pricing providers and you will understand why standard account can give you an unparalleled trading experience, all day every day.
Conclusion
IC Markets is a platform geared towards experienced traders, or at least those who are okay with learning how to use it a bit.
The fact that various account types are available with different fee models and competitive spreads is a nice feature.