Icmarkets Gold Spread 🔴3 EASY HACKS

Determine why ICM is a prevalent trading platform in 2023. Receive an detailed examination at its features, benefits & drawbacks, and a evaluation with the leading 10 opponents.

ic markets broker 2

Intro

ICM is a leading trading platform that provides extraordinary solutions to both retail and institutional clients ever since 2007. This specific analysis will delve into the platform’s attributes, its advantages and disadvantages, and the way it stacks up to its best 10 opponents. We shall also discuss the most common questions about ICM, providing a thorough manual to assist you make an informed decision about your platform of choice.

ICM Overview

Founded in 2007, based in Sydney, Australia Supervised by ASIC, CySEC, and FSA Supplies a vast array of trading instruments, consisting of Forex, CFDs, commodities, indices, and cryptocurrencies.

Enroll an account >

Reasons to Select IC Markets?

  • Aggressive spreads and reduced fees
  • Different trading platforms offered
  • Excellent customer support
  • Fast order execution
  • Top-quality trading tools and resources

ICM Trading Platforms

MetaTrader 4 (MT4)

  • Standard platform
  • Intuitive interface
  • Wide range of technical analysis tools
  • Automatic trading with Expert Advisors (EAs)
  • Smartphone trading offered on iOS and Android

MetaTrader 5 (MT5){Advanced} version of MT4

  • Further technical indicators and timeframes
  • Financial calendar embedded
  • Depth of market feature
  • Risk management allowed

cTrader

  • Tailored for CFD and Forex trading
  • Sleek and user-friendly interface
  • Enhanced charting tools
  • Adjustable workspace

Instruments for Trading

  • Foreign exchange: Over sixty currency pairs
  • Indexes: 23 significant global indexes
  • Commodities: Precious metals, energy, and agricultural products
  • Digital currencies: Bitcoin, ETH, Litecoin, & additional
  • Fixed income: Govt. bonds of major countries
  • Futures contracts: Access to international futures markets

Types of Accounts

  • Regular Account
  • Raw Spread Account
  • Islamic Account

IC Markets deposit options

For the latest and correct data, it is consistently best to go to the IC Markets website or contact its support team.

Up to my last update, IC Markets offered the below funding options for your trading profile:

Bank Wire Transfer

You can send money straight from your bank to your IC Markets account. This technique may require a several working days to complete.

Credit/Debit Cards

IC Markets accepts major credit and debit cards, like Visa and Mastercard, to make deposits. Such transactions are handled immediately.

Electronic Payment Systems

IC Markets accepts various popular electronic wallets and payment platforms, including but not limited to:

  • PayPal system
  • Neteller
  • Skrill
  • FasaPay
  • UnionPayWebMoney

Local Bank Transfers

Within some countries, IC Markets provides the choice of domestic bank-to-bank transfers, where you can deposit money straight from your local bank to your trading account without incurring.

Broker Transfer

If you’re moving between another firm to IC Markets, you might be able to move your funds directly between the two firms.

Note that the accessibility of these deposit options may vary based on your country, and there may be additional methods or alterations in the funding options.

It is essential to examine the website of IC Markets or get in touch with their support to get the most recent and accurate details on offered deposit methods.

Furthermore, when adding money to your account, please note the following:

Deposit fees

Some deposit methods might incur fees

Ensure to verify if IC Markets or the payment provider applies any fees to the specific deposit method you pick.

Processing time

Though numerous funding options might be instant or near-instant, certain methods such as bank wire transfers might take a few business days to complete.

Currency

IC Markets generally provides trading accounts in different currencies, such as US dollars, EUR, AUD,GBP, and more. Make sure to select the right currency to decrease exchange fees while adding funds.

Verification process

To comply with regulations, IC Markets may require you give personal identification documents and proof of residence before you are able to fund your account and start trading. Make sure that your account has been completely verified to prevent any potential issues in adding or withdrawing money.

Always visit the website of IC Markets or get in touch with their customer support to obtain the most up-to-date and precise information regarding deposit options, charges, as well as processing times.

Advantages and Disadvantages of ICM

Advantages

  • Wide range of trading instruments
  • Low spreads and low fees
  • Selection of trading platforms
  • Prompt and dependable execution
  • Outstanding customer support

Disadvantages

  • Lack of fixed spread accounts
  • Restricted educational resources for beginners
  • Dormancy fee following twelve months of dormancy

Visit ICMarkets >

IC Markets vs. Top 10 Rivals

ICM vs. e-Toro

ICM and eToro are both popular trading platforms, each with their own collection of benefits and cons. IC Markets is well-regarded for its minimal spreads and rapid trade execution, making it optimal for seasoned traders and scalpers. Additionally, its provision for a more extensive range of instruments and advanced trading tools caters to {experienced|seasoned investors. In contrast, e-Toro’s intuitive platform and social trading options appeal to beginners and casual traders. Its copy trading functionality enables users to emulate the tactics of successful traders. Nonetheless, e-Toro’s higher fees and restricted customization options may discourage more veteran traders from the platform.

IC Markets vs. Plus-500

IC Markets and Plus500 are both reputable trading platforms, each providing distinct benefits and disadvantages to traders. IC Markets is liked for its reduced spreads, high-speed trade execution, and complex trading tools, making it a favored choice among seasoned traders and scalpers. Plus-500, on the other hand, is recognized for its intuitive and easy-to-use platform, making it ideal for newcomers. Plus-500 also offers a wider range of trading instruments, including index CFDs, shares, and exchange-traded funds. Nevertheless, its higher spreads and reduced platform customization options may be less enticing to professional traders compared to IC Markets’ more sophisticated offerings.

IC Markets vs. XM

IC Markets and XM are both well-regarded online trading platforms, each with unique benefits and drawbacks. ICM is valued for its low spreads, fast execution, and sophisticated trading tools, appealing to pro traders and scalpers. Comparatively, XM is known for its varied account types,catering to traders with varying experience levels and investment sizes. XM also boasts superb customer support and a vast range of learning materials for new traders. Nonetheless, ICM outshines XM in terms of variety of trading instruments and platform customization. While both platforms have their advantages, traders must consider their personal requirements and targets when choosing between them.

ICM vs. Forex.com

ICM and Forex.com are both leading trading platforms, each with unique advantages and weaknesses. IC Markets is valued for its minimal spreads, fast trade execution, and complex trading tools, making it an attractive option for pro traders and scalpers. In contrast, Forex.com offers a extensive range of trading instruments, including foreign exchange, indexes, commodities, and crypto assets, catering to a broader audience. Forex.com also provides comprehensive educational materials for novices. Nevertheless, its platform may not be as user-friendly as IC Markets’, and it tends to have elevated fees. In the end, traders should take into account their personal needs and priorities when choosing between these two platforms.

ICM vs. IG

IC Markets and IG are both reputable online trading platforms, each offering different advantages and disadvantages. IC Markets is recognized for its low spreads, rapid trade execution, and advanced trading tools, making it a popular choice for seasoned traders and scalping traders. In contrast, IG boasts a broader range of tradable instruments, including stocks, forex,commodity markets, and cryptocurrencies, appealing to wide-ranging investor interests. IG also offers an broad suite of educational resources and a easy-to-use platform suitable for beginners. However, IG’s increased fees may deter budget-minded traders. When deciding between the two platforms, traders should consider their individual requirements and trading goals.

ICM vs. Pepperstone

ICM and Pepperstone are both respected online trading platforms, each with its own set of pros and cons. ICM is recognized for its reduced spreads, rapid trade execution, and sophisticated trading tools, making it an optimal option for professional traders and scalpers. On the other hand, Pepperstone is praised for its superb customer support and easy-to-use platform, appealing to traders of all skill levels. Furthermore, Pepperstone offers a variety of account types, suiting different trading styles and investment amounts. Yet, IC Markets provides a wider range of trading instruments. Traders should take into account their specific requirements and tastes when deciding between these two platforms.

IC Markets vs. Saxo Bank

ICM and Saxo Bank are both prominent online trading platforms, each with unique pros and drawbacks. ICM is known for its narrow spreads, quick trade execution, and sophisticated trading tools, making it a favored choice among experienced traders and scalpers. On the other hand, Saxo Bank offers a thorough range of trading instruments, including forex, shares, bonds, exchange-traded funds, and others, catering to investors with varied tastes. Moreover, Saxo Bank provides a advanced platform with sophisticated research tools and a robust focus on safety. Nonetheless, Saxo Bank’s higher fees and minimum deposit amounts may deter price-sensitive traders, who may opt for IC Markets’ simpler offerings.

IC Markets vs. FXCM

IC Markets and FXCM are both trustworthy trading platforms, each offering different advantages and drawbacks to traders. ICM is known for its narrow spreads, quick trade execution, and complex trading tools, making it a popular choice among experienced traders and scalpers. On the other hand, FXCM offers a intuitive platform and a vast range of educational materials, making it more suitable for new traders. Additionally, FXCM offers a range of trading instruments, including forex, indices, and commodity markets. Nonetheless, its higher fees and spreads may be less appealing to cost-conscious traders in comparison to IC Markets’ more competitive pricing structure. Investors should weigh their personal requirements and preferences when selecting between these two platforms.

ICM vs. OANDA

IC Markets and OANDA are both well-regarded trading platforms, each with its unique array of positives and cons. IC Markets is praised for its minimal spreads, fast trade execution, and advanced trading tools, making it an alluring option for pro traders and scalpers. On the other hand, OANDA offers a user-friendly platform and a broad range of educational materials, appealing to traders at all skill levels. Additionally, OANDA provides more flexible trade sizes and solid regulation. Yet, its spreads and fees may be higher relative to IC Markets. When choosing between these two platforms, traders should weigh their specific preferences and trading goals.

IC Markets vs. AvaTrade

ICM and AvaTrade are both leading online trading platforms, each presenting different pros and drawbacks. ICM is famous for its low spreads, rapid trade execution, and state-of-the-art trading tools, making it an optimal choice for professional traders and scalping traders. In contrast, AvaTrade offers a intuitive platform, a wide range of educational resources, and a varied choice of trading instruments, appealing to traders of various experience levels. But, AvaTrade’s fees and spreads may be less competitive than those offered by ICM. When choosing between the two platforms, traders should evaluate their unique requirements and preferences to arrive at the best choice.

 

ic markets broker 1

Register an account >

Commonly Asked Questions (FAQs)

Is IC Markets a licensed broker?
Indeed, IC Markets is governed by the Australian Securities and Investments Commission, the CySEC, and the FSA in {Seychelles}.

How do I set up an account with ICMarkets?
To open an account with IC Markets, browse their site and press on “Open an Account.” Complete the needed info, send your identification papers, and complete the confirmation process.

What is the minimum deposit for IC Markets?
The minimum deposit for ICMarkets is 200 dollars or its corresponding in your local currency.

Am I able to use ICMarkets in the USA?
ICMarkets doesn’t take clients from the USA because of legal limitations.

What trading platforms can ICMarkets offer?
ICMarkets provides MT4, MT5, and {cTrader} platforms.

What financial instruments am I able to trade on ICMarkets?
You may trade foreign exchange, CFDs, {commodities}, {indices}, cryptocurrencies, {bonds}, and {futures} on ICMarkets.

Does IC Markets offer a practice account?
Certainly, IC Markets provides a free practice account that enables you to practice investing with imaginary funds and access all capabilities of the trading platform.

What sorts of trading accounts does IC Markets offer?
ICMarkets offers three types of trading accounts: Standard, Raw Spread Account, and Islamic.

How does ICMarkets make money?
ICMarkets earns money through spreads, fees on specific account types, and fees for additional features such as VPS hosting or third-party tools.

How can I get in touch with ICMarkets’ support?
You may contact ICMarkets’ customer support via chat, {email}, or phone. Their support team is available 24/7.

Final thoughts

IC Markets is a trustworthy and strongly regulated trading platform that provides a broad array of instruments, favorable {spreads}, and a variety of advanced trading platforms.

The platform is specifically fit for seasoned traders, but newcomers might encounter its resources restricted. In general, ICMarkets is a strong choice for investors seeking a trustworthy and fully-featured platform.

Register an account >

Other Articles About IC Markets