IC Markets broker review and real clients’ feedback.
### IC Markets Broker Review and Real Client Opinions
IC Markets is a company that has received numerous positive reviews online. Users highlight its high reliability, favorable trading conditions for traders of all experience levels, user-friendly interface, and wide selection of trading instruments. To form an objective opinion about the broker, we analyzed the official website icmarkets.com and studied real client reviews. We focused only on genuine comments, excluding sponsored reviews.
Regulatory Oversight
IC Markets is registered in Australia and is overseen by the following organizations:
- ASIC – Australian Securities and Investments Commission. License number: 335692.
- AFCA – Australian Financial Complaints Authority.
- FSA – Financial Services Authority of Seychelles. Document number: SD018.
IC Markets ensures the safekeeping of client assets in leading Australian banks such as NAB and Westpac.
Trading Conditions Overview
Types and Parameters of Trading Accounts
IC Markets offers traders 3 types of accounts:
- Raw Spread with zero spreads and leverage of 1:500.
- Standard with spreads starting from 1 pip and leverage of 1:200.
- Islamic with no swaps and spreads starting from 0.0 pips.
Among the available assets are fiat currencies, bonds, cryptocurrencies, as well as CFD contracts on stocks, futures, indices, and commodities.
Deposit and Withdrawal
IC Markets allows funding through various methods including credit/debit cards, payment systems, cryptocurrencies, bank transfers, and others. Supported currencies for deposits include USD, EUR, AUD, among others. Timeframes and fees depend on the chosen method.
Withdrawals are processed through the same methods, considering specific details of each method.
Additional Features
Aside from core services, IC Markets offers several additional features mentioned in client reviews:
Education
For beginners, an educational course is provided, including a glossary of terms, market overviews, video tutorials, and explanations. Some information is available only in English.
Virtual Private Server (VPS)
This service enables automated trading without reliance on internet connectivity. It is available for clients with a balance of at least 25,000 USD.
Automated Trading via Myfxbook
The platform allows copying trades of successful traders, facilitating automated trading opportunities.
MAM/PAMM Investing
Investors have the option to earn from the market without active participation by selecting a successful trader.
Demo Mode
Clients can use a virtual account to practice strategies without risking personal funds.
IC Markets Broker Reviews Overview
Client reviews express varying opinions, with some praising the conditions while others point out shortcomings. It’s important to consider the diversity of opinions when deciding to work with the broker.
Review Conclusion
Based on the analysis conducted, IC Markets is a reliable broker with a wide range of services. However, it’s crucial to consider the high minimum deposit and withdrawal fees for beginners. The decision to collaborate with the company should be made thoughtfully, taking into account all aspects of the working conditions.
Author: Victor Saltykov