Ic Markets Platform ➡️3 AMAZING SECRETS

Learn why ICM is a sought-after trading platform in 2023. Get an thorough glimpse at its features, pros and cons, and a comparison with the best 10 competitors.

ic markets broker 2

Intro

ICM is a top trading platform that has provided superb offerings to equally retail and institutional clients ever since 2007. This particular review will examine the platform’s characteristics, its pros and cons, and the way it compares to its top 10 contenders. Additionally, we will also tackle the most common questions about ICM, supplying a total guide to aid you create an knowledgeable selection about your platform of choice.

ICM Overview

Started in 2007, based in Sydney, Australia Supervised by ASIC, CySEC, and FSA Features a extensive range of trading instruments, comprising Forex, CFDs, commodities, indices, and cryptocurrencies.

Sign up an account >

Reasons to Choose ICM?

  • Low spreads and minimal fees
  • Various trading platforms offered
  • Superb customer support
  • High-speed order execution
  • Top-quality trading tools and resources

ICM Trading Platforms

MetaTrader 4 (MT4)

  • Standard platform
  • Easy-to-use interface
  • Wide selection of technical analysis tools
  • Automatic trading with Expert Advisors (EAs)
  • Smartphone trading accessible on iOS and Android

MetaTrader 5 (MT5){Advanced} variant of MT4

  • Extra technical indicators and timeframes
  • Economic calendar embedded
  • DOM attribute
  • Risk management allowed

cTrader

  • Developed for CFD and Forex trading
  • Sleek and easy-to-use interface
  • Enhanced charting tools
  • Personalized workspace

Trading Instruments

  • Foreign exchange: Above sixty currency pairs
  • Indexes: 23 major global indexes
  • Products: Precious metals, energy, and agricultural products
  • Digital currencies: BTC, Ethereum, Litecoin, and additional
  • Bonds: Sovereign bonds of major countries
  • Futures: Accessibility to international futures exchanges

Account Types

  • Regular Account
  • Tight Spread Account
  • Islamic Account

IC Markets funding methods

To get the most recent and precise details, it’s always best to go to the website of IC Markets or contact their support staff.

Up to my last knowledge, IC Markets provided the below deposit options to fund your investment profile:

Wire Transfer

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

Credit/Debit Cards

IC Markets accepts major credit/debit cards, like Visa card and Mastercard card, to make deposits. These operations are usually processed quickly.

E-wallets and Online Payment Systems

IC Markets accepts a number of famous electronic wallets and online payment systems, including among others:

  • PayPal
  • Neteller
  • Skrill system
  • FasaPay service
  • UnionPayWebMoney platform

Local Bank Transfers

Within some locations, IC Markets provides the choice of local bank transfers, where you can deposit money directly from your local bank account to your trading profile with no incurring.

Broker Transfer

If you are moving from another firm to IC Markets, you may have the ability to transfer your money straight among the two of the firms.

Note that the availability of such funding options might differ based on your country, and there additional options or changes in the funding options.

It is essential to examine the IC Markets website or get in touch with its customer service for the most recent and correct data on available deposit methods.

Moreover, when adding money into your IC Markets account, please consider the below:

Deposit fees

Certain deposit methods might have fees

Ensure to examine whether IC Markets or the payment provider applies any fees to the particular funding option you pick.

Processing time

Although several deposit methods might be immediate or near-instant, certain options like bank wire transfers might require multiple business days to process.

Account currency

IC Markets generally provides trading accounts in various denominations, such as USD, EUR, AUD,GBP, and more. Ensure to pick the appropriate account currency to reduce exchange fees when adding money.

Account verification

To comply with regulatory requirements, IC Markets might require you to give ID documents and address verification before you can deposit funds & begin trading. Make sure that your profile is completely approved to prevent any potential delays in depositing or taking out money.

Remember to check the website of IC Markets or get in touch with their customer service for the most up-to-date and precise details concerning deposit options, charges, as well as processing times.

Pros and Cons of IC Markets

Benefits

  • Wide array of trading instruments
  • Low spreads & minimal fees
  • Selection of trading platforms
  • Fast & reliable execution
  • Excellent customer support

Drawbacks

  • No fixed accounts
  • Restricted educational resources for beginners
  • Dormancy fee after 12 months of dormancy

Visit ICMarkets >

IC Markets vs. Top Ten Rivals

ICM vs. eToro

IC Markets and e-Toro are both prevalent online trading platforms, each with their own set of advantages and drawbacks. ICM is renowned for its reduced spreads and quick execution, making it optimal for professional traders and scalpers. Moreover, its support for a more extensive range of financial instruments and sophisticated trading tools caters to {experienced|seasoned investors. In contrast, e-Toro’s user-friendly platform and social trading features appeal to novices and casual traders. Its copy-trading functionality enables users to imitate the approaches of prosperous traders. However, eToro’s higher fees and restricted customization options may deter more seasoned traders from the platform.

ICM vs. Plus500

ICM and Plus-500 are both respected online trading services, each presenting exclusive advantages and drawbacks to traders. ICM is favored for its minimal spreads, fast trade execution, and sophisticated trading tools, making it a favored choice among seasoned traders and scalpers. Plus-500, on the other hand, is recognized for its straightforward and accessible platform, making it suitable for beginners. Plus-500 also offers a more extensive range of trading instruments, including CFDs on indices, shares, and ETFs. Nonetheless, its higher spreads and restricted platform customization options may be less attractive to professional traders compared to IC Markets’ more sophisticated offerings.

IC Markets vs. XM

ICM and XM are both highly regarded trading platforms, each with distinct benefits and cons. IC Markets is valued for its narrow spreads, rapid execution, and complex trading tools, appealing to pro traders and scalpers. Comparatively, XM is renowned for its varied account types,suiting traders with different experience levels and capital sizes. XM also boasts superb customer support and a broad range of educational materials for beginner traders. However, IC Markets excels over XM in terms of trading instruments variety and platform customization. While both platforms have their strengths, traders must assess their specific preferences and objectives when choosing between them.

ICM vs. Forex.com

ICM and Forex.com are both leading online trading platforms, each with specific strengths and weaknesses. ICM is esteemed for its low spreads, quick trade execution, and advanced trading tools, making it an attractive option for professional traders and scalpers. In contrast, Forex.com offers a comprehensive range of trading instruments, including forex, indexes, commodity markets, and digital currencies, catering to a broader audience. Forex.com also provides extensive educational materials for beginners. Nonetheless, its platform may not be as user-friendly as IC Markets’, and it tends to have increased fees. Eventually, traders should weigh their specific needs and priorities when deciding between these two platforms.

ICM vs. IG

ICM and IG are both established online trading platforms, each presenting unique benefits and disadvantages. ICM is known for its low spreads, quick trade execution, and complex trading tools, making it a favored choice for seasoned traders and scalping traders. Conversely, IG boasts a wider range of tradable instruments, including stocks, forex,commodities, and crypto assets, catering to diverse investor tastes. IG also offers an broad suite of educational resources and a intuitive platform suitable for beginners. However, IG’s elevated fees may dissuade price-sensitive traders. When deciding between the two platforms, traders should evaluate their personal requirements and investment goals.

IC Markets vs. Pepperstone

ICM and Pepperstone are both respected online trading services, each with its own range of advantages and cons. ICM is known for its minimal spreads, fast trade execution, and advanced trading tools, making it an ideal option for pro traders and scalping traders. On the other hand, Pepperstone is celebrated for its outstanding customer support and intuitive platform, catering to traders of all skill levels. Additionally, Pepperstone offers a selection of account types, suiting different trading styles and capital sizes. However, ICM provides a more extensive range of trading instruments. Traders should weigh their specific needs and tastes when deciding between these two platforms.

IC Markets vs. Saxo Bank

IC Markets and Saxo Bank are both distinguished trading platforms, each with different benefits and disadvantages. IC Markets is famed for its narrow spreads, speedy trade execution, and sophisticated trading tools, making it a popular choice among professional traders and scalping traders. In contrast, Saxo Bank offers a thorough range of trading instruments, including foreign exchange, stocks, fixed income, exchange-traded funds, and additional instruments, appealing to traders with varied hobbies. Furthermore, Saxo Bank provides a sophisticated platform with advanced research tools and a robust focus on security. Yet, Saxo Bank’s increased fees and required minimum deposits may discourage price-sensitive traders, who may prefer ICM’s more accessible offerings.

ICM vs. FXCM

IC Markets and FXCM are both trustworthy online trading platforms, each offering distinct pros and drawbacks to investors. ICM is famous for its minimal spreads, fast trade execution, and complex trading tools, making it a preferred choice among pro traders and scalpers. In contrast, FXCM boasts a user-friendly platform and a wide range of educational materials, making it ideal for beginner traders. Additionally, FXCM offers a variety of trading instruments, including forex, indices, and commodity markets. However, its increased fees and spreads may be less enticing to cost-conscious traders compared to ICM’s better pricing model. Investors should weigh their personal preferences and interests when choosing between these two platforms.

ICM vs. OANDA

ICM and OANDA are both respected online trading platforms, each with its own array of advantages and disadvantages. ICM is praised for its minimal spreads, quick trade execution, and sophisticated trading tools, making it an attractive option for pro traders and scalping traders. Conversely, OANDA offers a easy-to-use platform and a wide range of educational materials, appealing to traders at all experience levels. Furthermore, OANDA provides flexible trade sizes and strong regulation. Yet, its spreads and fees may be not as favorable in comparison to IC Markets. When selecting between these two platforms, traders should evaluate their personal interests and trading goals.

IC Markets vs. AvaTrade

IC Markets and AvaTrade are both prominent online trading platforms, each presenting distinct advantages and disadvantages. ICM is celebrated for its tight spreads, quick trade execution, and sophisticated trading tools, making it an optimal choice for experienced traders and scalpers. In contrast, AvaTrade offers a intuitive platform, a broad range of learning materials, and a wide selection of trading instruments, appealing to traders of varying experience levels. Nonetheless, AvaTrade’s fees and spreads may be less competitive than those offered by IC Markets. When choosing between the two platforms, traders should evaluate their individual needs and priorities to make the optimal choice.

 

ic markets broker 1

Register an account >

Often Asked Questions (FAQs)

Is IC Markets a licensed broker?
Indeed, IC Markets is governed by the ASIC, the Cyprus Securities and Exchange Commission, and the Financial Services Authority in {Seychelles}.

How can I set up an account with IC Markets?
To open an account with ICMarkets, go to their website and press on “Open an Account.” Complete the required data, submit your ID papers, and finalize the verification process.

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

Can I use IC Markets in the US?
ICMarkets doesn’t take customers from the United States because of regulatory restrictions.

What trading platforms can IC Markets offer?
ICMarkets provides MT4, MetaTrader 5, and {cTrader} trading platforms.

What financial instruments can I trade on IC Markets?
You are able to invest in foreign exchange, CFDs, {commodities}, {indices}, cryptocurrencies, {bonds}, and {futures} on IC Markets.

Do IC Markets provide a practice account?
Certainly, ICMarkets provides a complimentary demo account that allows you test trading with imaginary money and access all features of the platform.

What types of accounts does ICMarkets provide?
IC Markets offers 3 sorts of accounts: Standard Account, Raw Spread, and Swap-free.

How can IC Markets make money?
ICMarkets makes money through bid-ask spreads, commissions on particular types of accounts, and fees for extra services such as Virtual Private Server hosting or external resources.

In what way may I get in touch with ICMarkets’ customer support?
You may reach ICMarkets’ customer service by live chat, {email}, or telephone. Their customer support team is available 24 hours a day.

Conclusion

ICMarkets is a respected and well-regulated trading platform that provides a wide selection of financial instruments, favorable {spreads}, and a selection of sophisticated platforms.

The trading platform is especially fit for experienced investors, but novices might discover its educational resources restricted. Overall, ICMarkets is a strong option for investors searching for a trustworthy and feature-rich platform.

Register an account >

Other Articles About IC Markets