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IC Markets Review – Pros And Cons

by M.Kari
IC Markets Review

IC Markets is an online forex broker that offers competitive spreads and a range of trading platforms. If you’re looking for an online forex broker that offers competitive spreads and a range of trading platforms, IC Markets is worth considering. IC Markets is an online forex broker that offers trading in a wide range of financial instruments including forex, CFDs, indices, metals, and energies. The company is headquartered in Sydney, Australia, and is regulated by the Australian Securities and Investments Commission. IC Markets offers three different trading platforms: the MetaTrader 4 platform, the MetaTrader 5 platform, and the cTrader platform.

Account Types

IC Markets offers four different account types for its clients, each with its own set of benefits and features. Here is a rundown of each account type:

Standard Account: The Standard account is the most basic account type offered by IC Markets. It requires a minimum deposit of $200 and gives traders access to leverage of up to 1:500. Spreads start from as low as 0.0 pips on this account type.

ECN Account: The ECN account is the most popular account type offered by IC Markets. It requires a minimum deposit of $200 and gives traders access to leverage of up to 1:500. Spreads start from as low as 0.0 pips on this account type.

Islamic Account: The Islamic account is a special account type that is designed for Muslim traders. It requires a minimum deposit of $200 and gives traders access to leverage of up to 1:500. Spreads start from as low as 0.0 pips on this account type.

VIP Account: The VIP account is a premium account type that is designed for professional traders. It requires a minimum deposit of $20,000 and gives traders access to a leverage of up to 1:500. Spreads start from as low as 0.0 pips on this account type. You must check the icmarkets review before getting involved in trading with IC markets.

Commissions And Fees

IC Markets is an online forex broker that offers competitive spreads, low commissions, and a range of trading platforms. In this review, we’ll take a look at the commissions and fees charged by IC Markets.

IC Markets also offers a commission-free account for traders who meet certain criteria. To be eligible for the commission-free account, you must have traded at least 50 lots in the past month, and your account must be funded with at least $5,000. IC Markets is a well-rounded forex broker, offering competitive spreads, low commissions, and a variety of trading platforms. The commission structure is tiered, so the more you trade, the lower your costs will be. There are also a few other fees to be aware of, but overall the costs are quite reasonable.

Customer Service

Customer service is one of the most important aspects of any business, and that’s especially true in the world of online trading. After all, when you’re dealing with something as important as your money, you want to be sure that you’re working with a company that will be there for you when you need them. IC Markets is a well-established online broker that offers a wide range of products and services to its clients. In this article, we’re going to take a look at their customer service offering, to see how they compare to other brokers in the industry.

Finally, you can also get in touch with IC Markets customer service through their live chat feature. This is a great option if you need a quick answer to a question or if you want to resolve an issue in real time. Overall, we were impressed with the quality of customer service that we received.

Safety And Regulation

The IC Markets group of companies is regulated by some of the most reputable financial authorities in the world. This provides our clients with a high level of safety and security when trading with us. Our primary regulator is the Australian Securities and Investments Commission, one of the most respected financial regulators in the world. ASIC is responsible for the regulation of financial markets and products in Australia.

We are also regulated by the Cyprus Securities and Exchange Commission, which is the financial regulator in Cyprus. CySEC is a member of the European Securities and Markets Authority. In addition to our primary regulators, we are also a member of the Financial Commission, an independent dispute resolution body for the online trading industry.

Final Thoughts

There are a lot of different online brokerages out there, and it can be tough to know which one is right for you. In this IC Markets review, we’ll take a close look at this popular option to help you decide if it’s the right brokerage for your needs. IC Markets is an online brokerage that offers trading in a wide range of markets, including forex, CFDs, and metals. They are headquartered in Australia and are regulated by the Australian Securities and Investments Commission.

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