IC Markets Review & Free Signals for Beginners 2024
Minimum deposit
- $200
Trading platform
- MT4
- MT5
- cTrader
- TradingView
Regulation
- ASIC
- CySEC
- FSA
Foundation date
- 2007
IC Markets is a premier online trading platform renowned for its high-performance technology, deep liquidity, and commitment to providing an optimal trading experience. Since its inception, IC Markets has been dedicated to offering traders access to a wide array of financial instruments, including forex, commodities, indices, and cryptocurrencies. The platform’s state-of-the-art infrastructure ensures lightning-fast execution speeds and minimal slippage, making it a preferred choice for both retail and institutional traders. With its user-friendly interface and comprehensive educational resources, IC Markets caters to traders of all skill levels, empowering them to navigate the financial markets with confidence.
What distinguishes IC Markets is its unwavering commitment to transparency and client satisfaction. The platform offers some of the most competitive spreads and fees in the industry, ensuring traders can maximize their profitability. IC Markets’ exceptional customer support team is available around the clock, providing personalized assistance to help traders with any questions or concerns. Furthermore, the platform continuously invests in innovative technology and market analysis tools, ensuring traders have the most up-to-date information and resources at their fingertips. By fostering a reliable and supportive trading environment, IC Markets enables traders to achieve their financial objectives and succeed in the dynamic world of online trading.
Advantages of trading with IC Markets:
- Availability of three licenses;
- Wide range of assets;
- Standard and ECN account types for trading on different platforms;
- Mobile apps for Android and iOS-based devices;
- Scalping, hedging, and algorithmic trading are allowed;
- Minimum delay when executing orders and ultra-fast market execution;
- Competitive trading fees;
- Wide choice of social trading and copy trading platforms;
- 24/7 support via live chat;
- Demo accounts on MT4, MT5, and cTrader;
- Swap-free accounts are available for Muslim traders.
Disadvantages of IC Markets:
- Education materials available on the website are not very informative or diverse;
- Rebates are available outside Australia and the European Economic Area;
- Not all clients are equally protected since compensation for investment is subject to the trader’s country of residence.
IC Markets Summary 2024
💻 Trading platform:
- MetaTrader 4, MetaTrader 5, TradingView and cTrader
📊 Accounts:
- Demo, Standard, Raw Spread and Islamic (Swap Free)
💰 Account currency:
- EUR, USD, GBP, CAD, AUD, HKD, NZD, CHF, SGD, and JPY
💵 Replenishment / Withdrawal:
- All countries: Wire transfers, Visa, Mastercard, Skrill, PayPal, Neteller, RapidPay, and Klarna; Restricted methods: UnionPay, POLI, Fasapay, BPAY, internet banking (Thailand and Vietnam), WebMoney, and Broker to Broker
🚀 Minimum deposit:
- $200
⚖️ Leverage:
- 1:500 (FSA); 1:30 (ASIC and CySEC)
💼 PAMM-accounts:
- No
📈️ Min Order:
- 0.01
💱 Spread:
- Standard: 0.8 pips; Raw Spread: 0 pips;
🔧 Instruments:
- Cryptos and Forex CFDs on indices, commodities, stocks, bonds, and futures
💹 Margin Call / Stop Out:
- 50%/100%
🏛 Liquidity provider:
- Westpac and National Australia Bank
📱 Mobile trading:
- Yes
➕ Affiliate program:
- Yes
📋 Orders execution:
- Market
⭐ Trading features:
- Scalping and expert advisors; Maximum number of orders is 200 for MT4/MT5; and 2,000 for cTrader.
🎁 Contests and bonuses:
- Rebates for the Global division; Free VPS.
IC Markets offers high execution speeds due to servers located in New York and London. Trading conditions differ subject to the regulator that supervises the activities of a certain division. For example, clients of IC Markets regulated by CySEC can trade 13 cryptocurrencies 24/5, while clients of ASIC- and FSA-regulated divisions can trade 24/7.
IC Markets clients from all jurisdictions can trade on STP and ECN account types with floating spreads, leverage, and various deposit/withdrawal methods. The company doesn’t have proprietary trading platforms. It offers classic MT4, MT5 and TradingView, as well as a more complicated cTrader. These platforms are available in desktop, web, and mobile versions to ensure the most comfortable trading conditions.
IC Markets Free Trading Signals
How to get free IC Markets trading signals?
- Create a IC Markets account through our website link.
- After registration send us your user ID.
- If you confirm correct registration through our link you will get lifetime free trading signals.
Inehub Expert Advice
IC Markets has many years of experience in financial markets. It was incorporated in 2007 and provides its services in strict accordance with regulatory requirements so as not to lose its licenses and client trust. The broker constantly improves its services, ensuring software technical stability, a high level of data protection, and favorable trading conditions.
IC Markets has been in Traders Union’s top 20 Forex brokers for many years and is a constant partner. TU can recommend IC Markets to traders with different backgrounds, who use both short- and mid-term strategies, as well as expert advisors and custom indicators.
The important advantage of IC Markets over other brokers is diversity. The company offers plenty of trading instruments: 60+ currency pairs, CFDs on futures, indices, commodities, metals, 2,100+ stocks (Nvidia stock, Apple stock, Google stock, Tesla stock etc.), bonds, cryptocurrencies. A wide range of account types, and a good choice of platforms for active and social trading. Other IC Markets advantages are three regulatory licenses, membership in the Financial Commission, and participation in several compensation schemes.
Trade with this broker, if:
- Speed of execution is critical to you, and you operate round the clock. IC Markets uses the Equinix NY4 server and a fiber-optic network, ensuring order execution as fast as 40 milliseconds. All company clients can obtain a free VPS for 24/7 trading.
- High trading volume and liquidity are important to you. IC Markets has consistently ranked in the top 5 global Forex brokers in terms of trading volume.
Do not trade with this broker, if:
- You prefer to work with the actual assets rather than CFDs. The broker primarily offers contracts for difference (CFDs).
The top 10 countries where IC Markets is most frequently used
No Data Found
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.