IC Markets

 is a well-regulated and trusted broker that offers competitive spreads and high leverage. It is particularly suitable for experienced traders looking for advanced trading tools and low-cost trading. However, beginners may find the platforms complex and the product portfolio limited. share live trading experiences with this broker.

Pros and Cons

Pros:

  • Low Spreads: IC Markets offers some of the lowest spreads in the industry, starting from 0.0 pips.
  • High Leverage: Traders can benefit from leverage up to 1:500.
  • Regulated Broker: IC Markets is regulated by multiple top-tier authorities, ensuring a high level of trust and security.
  • 24/7 Customer Support: Available via phone, email, and live chat.
  • No Inactivity Fees: No charges for inactive accounts.

Cons:

  • Limited Product Portfolio: Primarily offers forex and CFDs, with limited options for other asset classes.
  • Complex Platform for Beginners: The advanced trading platforms may be overwhelming for new traders.

IC Markets Review

CategoryDetails
Overall Rating4.7/5
Year Founded2007
Minimum Deposit$200
LeverageUp to 1:500
SpreadFrom 0.0 pips
Trading PlatformsMetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
RegulationASIC (Australia), CySEC (Cyprus), FSA (Seychelles)
Account TypesStandard, Raw Spread, Islamic
Deposit MethodsCredit/Debit Card, Bank Transfer, PayPal, Skrill, Neteller, UnionPay
Withdrawal MethodsCredit/Debit Card, Bank Transfer, PayPal, Skrill, Neteller, UnionPay
Customer Support24/7 via Phone, Email, Live Chat
Educational ToolsWebinars, eBooks, Video Tutorials, Trading Guides
Research ToolsTrading Central, Market Analysis, Economic Calendar
Mobile TradingYes (MT4, MT5, cTrader apps)
Automated TradingYes (via Expert Advisors on MT4 and MT5)
Social TradingYes (Myfxbook, ZuluTrade)
Inactivity FeeNo inactivity fee
Additional FeaturesVPS Hosting, Free Trading Tools, Market Analysis
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