Ic Markets Christmas Trading Hours 🔴5 PROVEN THINGS

Determine why IC Markets is a popular trading platform in 2023. Obtain an detailed examination at its characteristics, pros and cons, and a evaluation with the best 10 opponents.

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Intro

IC Markets is a foremost trading platform that has provided exceptional offerings to both retail and institutional clients ever since 2007. This assessment will delve into the platform’s characteristics, its advantages and disadvantages, and the way it stacks up to its top 10 competitors. We will will also tackle the very FAQs about IC Markets, supplying a thorough guide to aid you formulate an informed selection about your trading platform of choice.

IC Markets Overview

Founded in 2007, headquartered in Sydney, Australia Supervised by ASIC, CySEC, and FSA Supplies a broad range of trading instruments, comprising Forex, CFDs, commodities, indices, and cryptocurrencies.

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Reasons to Select ICM?

  • Low spreads and reduced fees
  • Various trading platforms offered
  • Exceptional customer support
  • Quick order execution
  • Unrivaled trading tools and resources

IC Markets Trading Platforms

MetaTrader 4 (MT4)

  • Industry-standard platform
  • Intuitive interface
  • Vast variety of technical analysis tools
  • Automated trading with Expert Advisors (EAs)
  • Smartphone trading available on iOS and Android

MetaTrader 5 (MT5){Advanced} version of MT4

  • More technical indicators and timeframes
  • Economic calendar embedded
  • Market depth attribute
  • Risk management allowed

cTrader

  • Created for CFD and Forex trading
  • Sleek and user-friendly interface
  • Sophisticated charting tools
  • Adjustable workspace

Trading Instruments

  • Forex: More than 60 currency pairs
  • Indices: twenty-three key global indexes
  • Commodities: Precious metals, energy, and agricultural goods
  • Crypto assets: Bitcoin, Ethereum, LTC, & more
  • Fixed income: Sovereign bonds of major countries
  • Futures contracts: Access to worldwide futures exchanges

Account Types

  • Regular Account
  • Tight Spread Account
  • Islamic Account

IC Markets deposit methods

To get the most recent and correct data, it is consistently recommended to go to the website of IC Markets or get in touch with their support team.

As of my last update, IC Markets provided the following deposit options to fund your trading account:

Bank Wire Transfer

You can send money straight from bank to your IC Markets trading account. This technique might take a couple of working days to process.

Credit/Debit Cards

IC Markets accepts major credit/debit cards, like Visa card and Mastercard, for deposits. Such transactions are usually processed quickly.

Electronic Payment Systems

IC Markets supports a number of popular e-wallets and payment platforms, such as but not limited to:

  • PayPal system
  • Neteller platform
  • Skrill system
  • FasaPay
  • UnionPay systemWebMoney platform

Domestic Bank Transfers

In certain regions, IC Markets offers the option of local bank transfers, in which you can deposit funds directly from your local bank account to your investment profile without international transaction fees.

Broker Transfer

In case you’re moving from another broker to IC Markets, you might be able to move your money directly between the two firms.

Note that the accessibility of these deposit methods may vary depending on your country, and there may be more options or changes in the funding options.

It’s crucial to examine the website of IC Markets or get in touch with its customer service to get the latest and precise data on offered deposit methods.

Additionally, while depositing money into your account, please be aware of the following:

Deposit fees

Certain funding options might have fees

Ensure to check whether IC Markets or the payment provider applies any fees to the specific funding option you choose.

Processing time

Although several deposit methods are instant or almost instant, certain methods like wire transfers may take multiple business days to complete.

Currency

IC Markets usually offers accounts in several denominations, such as USD, EUR, Australian dollars,GBP, and more. Be sure to pick the correct account currency to minimize exchange fees when depositing money.

Account verification

In compliance with regulations, IC Markets might ask you provide ID documents as well as address verification before you can fund your account & begin trading. Verify that your account is completely approved to prevent any potential delays in depositing and withdrawing funds.

Always visit the website of IC Markets or contact their customer service for the most up-to-date and precise details regarding funding methods, charges, and processing times.

Advantages and Disadvantages of ICM

Pros

  • Extensive array of trading instruments
  • Low spreads and reduced fees
  • Choice of trading platforms
  • Quick & dependable execution
  • Outstanding customer support

Cons

  • Lack of fixed accounts
  • Insufficient educational resources targeted at beginners
  • Inactivity fee following twelve months of dormancy

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ICM vs. Top 10 Rivals

ICM vs. eToro

ICM and e-Toro are both prevalent online trading platforms, both with their own array of advantages and cons. ICM is famed for its reduced spreads and fast trade execution, making it ideal for seasoned traders and scalping traders. Furthermore, its provision for a broader range of trading instruments and complex trading tools caters to {experienced|seasoned investors. In contrast, eToro’s user-friendly platform and social trading options appeal to newcomers and occasional traders. Its copy trading functionality allows users to imitate the tactics of accomplished traders. However, e-Toro’s elevated fees and reduced customization options may dissuade more veteran traders from the platform.

ICM vs. Plus500

IC Markets and Plus500 are both reputable online trading services, each offering distinct advantages and disadvantages to traders. IC Markets is preferred for its low spreads, high-speed trade execution, and complex trading tools, making it a favored choice among experienced traders and scalping traders. Plus-500, on the other hand, is known for its straightforward and easy-to-use platform, making it suitable for newcomers. Plus500 also offers a broader range of trading instruments, including index CFDs, shares, and exchange-traded funds. Nevertheless, its increased spreads and limited platform customization options may be less enticing to professional traders compared to IC Markets’ more advanced offerings.

IC Markets vs. XM

ICM and XM are both well-respected trading platforms, each with distinct pros and disadvantages. IC Markets is appreciated for its narrow spreads, quick execution, and complex trading tools, catering to experienced traders and scalpers. On the other hand, XM is renowned for its diverse account types,suiting traders with varying experience levels and investment sizes. XM also boasts excellent customer support and a wide range of educational materials for new traders. However, ICM surpasses XM in terms of variety of trading instruments and platform customization. While both platforms have their merits, traders must assess their specific requirements and goals when selecting between them.

ICM vs. Forex.com

ICM and Forex.com are both leading trading platforms, each with unique strengths and weaknesses. IC Markets is respected for its reduced spreads, fast trade execution, and complex trading tools, making it an appealing option for seasoned traders and scalpers. Conversely, Forex.com offers a comprehensive range of trading instruments, including forex, indices, commodity markets, and cryptocurrencies, appealing to a wider audience. Forex.com also provides broad educational materials for newcomers. However, its platform may not be as intuitive as ICM’s, and it tends to have higher fees. Ultimately, traders should weigh their personal needs and priorities when selecting between these two platforms.

ICM vs. IG

ICM and IG are both well-established online trading platforms, each offering distinct benefits and cons. IC Markets is known for its competitive spreads, quick trade execution, and sophisticated trading tools, making it a preferred choice for pro traders and scalpers. In contrast, IG boasts a wider range of tradeable instruments, including shares, foreign exchange,commodity markets, and crypto assets, catering to wide-ranging investor tastes. IG also offers an broad suite of educational materials and a user-friendly platform suitable for beginners. Nonetheless, IG’s increased fees may discourage budget-minded traders. When deciding between the two platforms, traders should consider their specific requirements and trading objectives.

ICM vs. Pepperstone

IC Markets and Pepperstone are both reputable trading platforms, each with its own range of pros and drawbacks. ICM is acknowledged for its reduced spreads, fast trade execution, and sophisticated trading tools, making it an ideal option for seasoned traders and scalping traders. On the other hand, Pepperstone is praised for its outstanding customer support and easy-to-use platform, catering to traders of all experience levels. Additionally, Pepperstone offers a range of account types, accommodating different trading styles and capital sizes. Nonetheless, IC Markets provides a more extensive range of trading instruments. Traders should consider their unique needs and interests when choosing between these two platforms.

ICM vs. Saxo Bank

IC Markets and Saxo Bank are both notable online trading services, each with distinct pros and cons. ICM is known for its low spreads, quick trade execution, and complex trading tools, making it a popular choice among experienced traders and scalping traders. In contrast, Saxo Bank offers a thorough range of trading instruments, including forex, stocks, fixed income, ETFs, and additional instruments, catering to investors with varied interests. Moreover, Saxo Bank provides a sophisticated platform with sophisticated research tools and a robust focus on security. Nonetheless, Saxo Bank’s higher fees and minimum deposit amounts may dissuade price-sensitive traders, who may opt for ICM’s easier-to-access offerings.

IC Markets vs. FXCM

ICM and FXCM are both credible trading platforms, each offering unique benefits and cons to investors. IC Markets is famous for its minimal spreads, quick trade execution, and advanced trading tools, making it a popular choice among experienced traders and scalpers. On the other hand, FXCM boasts a intuitive platform and a vast range of learning materials, making it more suitable for novice traders. Moreover, FXCM offers a variety of trading instruments, including foreign exchange, indexes, and commodities. Nonetheless, its increased fees and spreads may be less attractive to budget-minded traders compared to ICM’s better pricing structure. Traders should take into account their individual needs and preferences when deciding between these two platforms.

ICM vs. OANDA

IC Markets and OANDA are both well-regarded trading platforms, each with its own array of advantages and cons. ICM is lauded for its reduced spreads, quick trade execution, and high-tech trading tools, making it an alluring option for professional traders and scalping traders. Conversely, OANDA offers a easy-to-use platform and a broad range of educational resources, catering to traders at all skill levels. Additionally, OANDA provides adjustable trade sizes and robust regulatory oversight. Yet, its spreads and fees may be not as favorable compared to ICM. When selecting between these two platforms, traders should consider their individual interests and investment objectives.

IC Markets vs. AvaTrade

ICM and AvaTrade are both prominent online trading services, each presenting different pros and disadvantages. IC Markets is celebrated for its low spreads, fast trade execution, and state-of-the-art trading tools, making it an optimal choice for professional traders and scalpers. On the other hand, AvaTrade offers a intuitive platform, a vast range of educational resources, and a diverse choice of trading instruments, appealing to traders of various experience levels. Nonetheless, AvaTrade’s fees and spreads may be not as attractive than the ones provided by IC Markets. When deciding between the two platforms, traders should take into account their unique needs and priorities to arrive at the optimal choice.

 

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Commonly Asked Questions (FAQs)

Is ICMarkets a authorized broker?
Indeed, IC Markets is supervised by the Australian Securities and Investments Commission, the CySEC, and the Financial Services Authority in {Seychelles}.

How do I create an trading account with ICMarkets?
To create an account with ICMarkets, go to their site and click on “Open an Account.” Fill in the needed data, send your ID papers, and finalize the confirmation process.

What is the lowest deposit for IC Markets?
The minimum deposit for ICMarkets is 200 dollars or its equivalent in your base money.

Can I use IC Markets in the US?
ICMarkets does not allow clients from the US due to regulatory limitations.

What platforms does IC Markets offer?
IC Markets features MT4, MT5, and {cTrader} platforms.

What instruments am I able to trade on ICMarkets?
You may trade Forex, CFDs, {commodities}, {indices}, digital currencies, {bonds}, and {futures} on IC Markets.

Does IC Markets provide a demo account?
Indeed, IC Markets offers a no-cost demo account that lets you try investing with simulated money and access all functions of the platform.

What sorts of trading accounts does ICMarkets offer?
IC Markets offers three kinds of accounts: Standard Account, Raw Spread, and Swap-free.

How does IC Markets earn money?
IC Markets makes money via bid-ask spreads, commissions on certain types of accounts, and charges for additional features such as Virtual Private Server hosting or external resources.

How am I able to contact IC Markets’ customer service?
You are able to contact IC Markets’ customer support via live chat, {email}, or telephone. Their customer support team is accessible 24 hours a day.

Summary

ICMarkets is a trustworthy and strongly regulated platform that offers a broad array of instruments, attractive {spreads}, and a variety of sophisticated trading platforms.

The platform is specifically appropriate for seasoned investors, but novices might encounter its resources limited. All in all, IC Markets is a strong selection for investors seeking a trustworthy and fully-featured platform.

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