IC Markets

About IC Markets

International Capital (IC) Markets is Australia’s preeminent trading brokerage. Via Contracts For Differences (CFDs), IC Markets facilitates directional trading of a vast portfolio of individual and international stock baskets, currencies, commodities, indices, and crypto.

IC Markets MetaTrader 4/5 and cTrader are available in a risk-free demonstration format to familiarise traders with the leading trading software. It provides a safe environment to trial the software and set up trading strategies before embarking on your trading journey.

IC Markets combines cutting-edge trading software with superior low-latency connectivity. Layering on extremely tight spreads over large liquidity pools with dedicated and experienced customer service agents available 24-hours a day. The result is a trading experience widely acknowledged as being remarkably good.

Broker Introduction

When considering a broker, there are several attributes that you should look out for:

• Honesty and integrity: a financial broker must be honest and have a strong sense of integrity. They should not try to sell you products unsuitable for your financial situation or needs.
• Knowledge and expertise: a good financial broker should be knowledgeable about a wide range of financial products and be able to explain them to you in a way that is easy to understand. They should also stay updated on market trends and changes in regulations.
• Professionalism: an excellent financial broker should be professional in their interactions with clients and conduct themselves in a way that instils confidence and trust.
• Responsiveness: an efficient financial broker should be responsive to clients’ needs and enquiries and be available to answer questions or provide support as needed.
• Good customer service: a good financial broker should provide excellent customer service and be willing to go the extra mile to ensure their clients are satisfied.

Honesty and Integrity
IC Markets Australia has operated for 15 years and is regulated by the Australian Securities and Investments Commission. Without fail, it has adhered to the high statutory compliance standards set by the agency, measures that serve to protect customers and the integrity of the market.

IC Markets aims to operate in mature and professional markets well into the future and always maintains the highest standards possible. It is serving its customers diligently and upholding the letter of the law. IC Market’s extremely high Trustpilot score is just one of the ways its integrity is reflected in the market.

Knowledge and expertise
Both in adherence to customer protection legislation and delivering highly competitive trading environments, product knowledge and expertise is critical to IC Market’s success.

By keeping abreast of the latest trading trends and effectively managing platform risk, IC Markets brings the breadth and depth of its expertise and experience to the fore. In delivering the best-in-class products and services, IC Markets ably presents the skills and attributes developed over many years in business that you’d look for in a broker.

Professionalism
IC Markets is available to you at all hours to close a position or make a general enquiry. IC Market’s customer service will deal with your request with the utmost professionalism and track your query to its natural conclusion.

With its tie-in to reputable regulatory agencies and an international customer base, IC Markets has long operated professionally in serving customers and key international stakeholders.

Responsiveness
IC Market’s field of operations is one of diminishing fractions of time within an ever-changing business landscape. To stay as competitive as long as it has, the attribute most required is speed, speed of operation, speed of execution, and speed in responsiveness to their competitors and customers.

Low-latency connectivity to liquidity pools delivers the best execution to customers. If issues are faced, or support is required, IC markets are available over the phone or rapidly via online chat.

Good customer service
IC Markets Australia excels with phone support and live chat services, with fast response times available around the clock. There is also an email support option available.

Outside the myriad of ways to contact the customer support team, the dedicated professionals helming the station will ably assist in any issue that may arise. A stable of professionals fielding queries prevents your request from bouncing around like a hot potato before finding the technician capable of resolving the ticket.

Products and Trade Offers

In a few short steps, IC Markets will create a demonstration trading account for you. Open the webpage at icmarkets.com from your mobile phone or desktop browser to get started.

The documentation and compliance steps are quickly completed. If you wish, you can begin familiarising yourself with the demo account right away before you dip a toe in the deeper waters of either a standard account or, for the more experienced trader, a raw trading account.

The MT4/5 and cTrader platforms are widely utilised by professionals and amateurs, providing intuitive access to a vast portfolio of markets. Clever widgets, thumbnails and interactive tools will speed up your navigation and turbocharge your trading learning curve.

Another alternative is the ZuluTrade platform; sophisticated tools analyse community trading performance and allow participants to follow along with the most adept traders. Partner tooling to the platform ensures that risk limits are implemented that optimally protect and deploy capital.

Commissions and Fee Charges

Another reason for the market-leading position of IC Markets is that it does not charge additional fees for deposits and withdrawals.

The trading commission and spread structure are clear and concise. If you’re a professional likely to trade higher volumes, you will likely trend toward the raw spread account with extremely tight spreads and a small commission under each transaction.

Suppose you’re less frequently trading on a lower order size and require the additional tooling made available on the MetaTrader platform. In that case, you’re likely to take on the standard account, entering positions with a slightly wider spread but with no commission.

The IC Markets withdrawal function is flexible and offers a wide range of payment solutions along with some no-fee options to effectively manage outgoings.

Spreads and leverage

The range of liquidity providers enables IC Markets to offer extremely low spreads, as low as 0.0 pips on some platforms. The average EURUSD on a raw spread account can be as low as 0.02 or 0.62 on a standard account.

Plugging directly into the price source with MT4/5 under the raw pricing account makes extremely tight spreads available to customers, with a low commission applied to transactions.

Leverage up to 30:1 is available on Forex, commodities, indices, and stocks.

What Others Say

In our IC Markets review, IC Markets continually comes in ranked as one of the best stock and CFD brokers available. With particular homage paid to their professional, knowledgeable and diligent customer service.

• ForexTraders.com: IC Markets is a solid online FX/CFD trading destination, offering great support, an outstanding selection of trading platforms, and True ECN execution. To top it all off, its reputation amongst its users is also pretty impressive.
• FXEmpire.com: “IC Markets is a top-notch broker for serious Forex traders and is regulated by financial bodies such as CySEC, ASIC, SCB and the FSA of Seychelles. While the services and products are mainly geared towards professional traders, beginner traders will find a lot of support and useful tools.”
• BrokerChooser.com: “It has a competitive product selection that includes crypto; and a flexible fee structure offering very tight spreads with a reasonable commission. You can set up your account in no time and enjoy various deposit and withdrawal options, all free of charge.”

Customer Service

IC Markets has operated in a number of marketplaces and is acutely aware of its diverse and thriving customer base. To meet some of its customers’ needs, IC Markets Australia has introduced the Islamic Account option.

IC Markets Islamic account meets all the requirements of Shariah law and the principles of Islamic finance. These accounts are swap-free, not subject to rollover interest on overnight positions, and withhold cryptocurrency trading.

Platform Features and Tools

Once you have decided on the type of account you want to open, it’s time to determine how you’ll interact with the markets and execute your trades.

IC Markets has worked hard to provide its customers with the best in trading software and has a wide array of offerings to suit everyone.

The most popular trading platform is MetaTrader 4.

You can find all IC Markets trading platforms available as brower based WebTraders, as well as desktop software to download and install directly to your PC.

Mobile Trading

Alternatively, for trading on mobile devices you can find IC Markets mobile app, and all of their their trading platform apps available in the “platforms” section on their website.

MetaTrader 5 – is the next-gen system, an advanced trading platform that is a powerful enough tool for the expert trader to execute their strategy effectively. It is simple enough to use so that the novice trader won’t feel overwhelmed.  Additional features include automated trading, news feed streaming, one-click trading, multiple order management, plus much more.

cTrader – is a native trading platform that gives you all the tools you’ll need on the go. Like MetaTrader, cTrader can access all the market-leading spreads.

The simple user interface, real-time quotes, technical indicators, and analytics functionality of both these trading platforms, enable fast, real-time decision making and easy execution.
Which trading platform you end up choosing, is more a matter of personal preference then anything.

IC Markets Tools
Besides the off-the-shelf tools available to Metatrader and cTraders users, IC Markets has added many additional exclusive trading tools for its customers.

Personal trading assistants, correlation matrices, excel applications, and sentiment traders are just some of the many advanced trading tools at your disposal as trader with IC Markets.

Robo Trading

One of the more recent advances in the trading ecosystem is that of collaborative, social and tracking trading algorithms. ZuluTrade is the latest and is one of the finer offerings out there.

Made available to IC Markets customers, ZuluTrade ranks Signal Providers by analysing their trading performance over long time horizons, tracking key metrics under risk profile and profitability to optimise the trading signal input into your desired outcomes.

AutoTrade / Copy trading

IC Markets also offers AutoTrade to their clients. This service allows you to copy the trades of any system you select directly into your IC Markets MetaTrader 4 account.
With AutoTrade you don’t have to pay any volume-based fees or install any complex software, it is as easy as connecting your account to AutoTrade and selecting the system you would like to copy.

Research and Learning Section

IC Markets is an inclusive brokerage, and the education offering is aligned with its core principles. You will find a wealth of training videos, webinars, live seminars, and reading materials on the website.

All traders need to keep abreast of the latest trends and developments in markets and trading approaches to stay ahead of the game. IC Markets education suite is regularly updated and curated by experts in their field.

Regulatory Details

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC). The stringent oversight provides additional security and comfort to clients holding funds with IC Markets. IC Markets exercises great caution with client funds and adheres to all regulatory authority in the management of client money.

OUR SUMMARY