ic markets review

IC Markets Review – A Honest Broker Review

IC markets offering variety to accounts which are suitable for all of the traders, like for scalpers traders accounts are the best choice and for long term and part-time traders meta trading accounts are a suitable choice.

Trust Score
4.5/5

Website: https://www.icmarkets.com

Country: Australia

Founded in: 2007

Registered: Yes/ Multiple

ASIC, Seychelles (FSA) 

Maximum Leverage: 1:500

Broker Type: ECN

Currencies: 60+

Deposits: 10+ Options 

Withdrawals: 10+ Options

Minimum Deposit: $ 200

Minimum Lot Size: 0.01

Languages Supported: 10+

Enhanced Tools: Yes

Execution Servers: NY4 & LD5 

Spreads: Variable 

  • Meta Trader
  • cTrader
  • Web Trading
  • Mobile Trading
  • VPS
  • EA/Robots
  • Scalping
  • News Trading
  • PAMM Trading
  • Socail Trading (Zulutrader, myfxbook)
  • Copy Trading
  • Indices & Stocks
  • Metals and Energies
  • Futures Trading
  • Crypto Currencies
  • Commodity Trading
  • Deposit Bonus
  • US Clients
  • Publically Traded Company
  • Daily Market summary

IC Markets Regulations

4/5

IC Markets is regulated by the Australian Securities and Investment Commission (ASIC) and The Seychelles Financial Services Authority (FSA) meeting strict capital requirements.

All client funds are held in segregated client trust accounts with top Australian banks. IC Markets does not use these funds for any operational expenses or purposes.

During Our IC Markets review, we cross-checked the listing of this broker with these two regulators and found them legit. 

ic markets review

IC Markets Trading Accounts

4.5/5

IC markets offering variety to accounts which are suitable for all of the traders, like for scalpers cTraders accounts are the best choice and for long term and part-time traders meta trading accounts are a suitable choice.

IC markets offering true ECN and large products range to trade in all of trading account types. Suited for both new and experience long term and short-term traders.

Just choose your preferred trading platform and open an account enter into true ECN trading environment.

IC Markets True ECN account offers the lowest possible spreads of this industry just get in and you will find amazing execution which cannot be matched anywhere else. Like average EUR/USD spread is 0.1 pip with the one side commission of 3.50 dollars. IC markets servers bring liquidity closer to you. During our IC markets review, we find that high-frequency traders are also using their true ECN accounts.

Have look at the complete details of all account types,

 
Account
cTrader
Account
True ECN
Account
Standard
Trading Platform
cTrader
MetaTrader
MetaTrader
Commission (per lot)

$3.0

($6.0 per lot roundturn)

$3.5

($7.0 per lot roundturn)
$0.0
Spreads from (pips)
0.0
0.0
1.0
Starting Deposit (USD)
$200
$200
$200
Leverage
500:1
500:1
500:1
Server Location
London
New York
New York
Micro Lot Trading (0.01)
Yes
Yes
Yes
Currency Pairs
64
64
64
Index CFD Trading
Yes
Yes
Yes
Stop Out Level
50%
50%
50%
One Click Trading
Yes
Yes
Yes
Islamic Accounts
Yes
Yes
Yes
CNS VPS Cross
Connect
No
Yes
Yes
Trading Styles Allowed
All
All
All
Order Distance Restriction
None
None
None
Programming Language
C#
MQL4
MQL4
Suitable For
Day Traders & Scalpers
EAs & Scalpers
Discretionary Traders

IC Markets Review

IC Markets Islamic Account

5/5

Islamic or swap free accounts are a popular choice, especially in the Islamic world. The most important thing here these accounts are specially made to cater to the needs of Muslim Brothers but with the count of time, these accounts become popular all over the world. There are restrictions to avail this account type as broker confirm the faith to provide such account type.

When you are not paying the swaps and rollovers that means you have to pay the same charges in other ways so always read the full Islamic account agreement. Because in most cases spreads are increased and additional fees are also recovered from the account. Consult the full schedule before getting in.

Swap free accounts do not pay or earn swap or interest on any trades for Currencies, Metals & CFDs excluding exotic currency pairs, where a small financing charge is applicable overnight.

The most important condition to remember is IC Markets recover Triple charges applicable on Friday night. From the all available trading account types swap free arrangements are possible on any account. 

IC Markets Review

IC Markets Trading Softwares

4.5/5

IC markets is providing trading software’s of meta quotes and cTrader, meta traders software’s are a popular choice outside of developed nations and nearly all the brokers who are offering services in these regions depend on these software’s, Because less education is required to operate these lightweight software’s and these also work well on low configuration PC’s with low-speed internet connections.

So, these are the reason which makes these softwares’s popular. And now from every 9 traders from 10 are using meta quotes softwares. On the other side, for professional traders cTrader is there to serve.

Meta Trader 4 (MT4)

For beginners and small traders, IC markets offer the opportunity to trade with the meta trader 4 platform. This platform is a popular choice among retail traders and especially beginners because it’s easy to configure and easy to use. It is a light-weight trading software that offers to trade with ultrafast speed. Its automated trading capability makes its perfect choice for forex traders.

It has grown from a trading platform to a global community where the trader’s demands are met by the technology provider’s innovations. IC Markets have partnerships with many of these technology providers and are proud to offer you the next generation Meta Trader 4 platform, designed to take your trading to the next level. In our activity of IC Markets review, we find that most of IC markets traders/clients are using mt4 for their trading needs.

Both IC Markets Standard and True ECN accounts are available on the Meta Trader 4 trading platform.

  1. Available as the desktop application, web trader, Android and for iPad/iPhone
  2. Over 60 Currencies & Metals + 16 Indices
  3. Leverage up to 1:500
  4. All Major Account Currencies Supported
  5. True ECN Connectivity
  6. Ultra Fast Order Execution
  7. No Restrictions on Trading
  8. Spreads from 0.0 Pips
  9. Flexible Lot Sizing

Meta Trader 5 (MT5)

This is a new trading software of meta quotes which is developed to provide more control over trading with powerful charting and many other features, Execution on IC markets meta trader five is really fast and reliable.

MetaQuotes Software Corp has implemented many functions for trading Forex & CFD instruments. MT4 offers different trading and analytical technologies and also additional services for professional traders. It has a lot to offer for Forex & CFD trading. One of the key strengths of MT4 is algorithmic trading.

Algorithmic trading refers to trading with the help of automated trading systems. To enhance the security platform servers is encrypted with 128-bit keys.

  1. Available as the desktop application, web trader, Android and for iPad/iPhone
  2. Level II pricing market depth
  3. Over 60 Currencies & Metals + 16 Indices
  4. Leverage up to 1:500
  5. All Major Account Currencies Supported
  6. True ECN Connectivity
  7. Ultra Fast Order Execution
  8. No Restrictions on Trading
  9. Spreads from 0.0 Pips
  10. Flexible Lot Sizing
  11. New order type: stop limit order
  12. Display of market depth
  13. Free professional charting tools
  14. Supports both the traditional netting and hedging options
  15. More indicators (80+)
  16. EA compatibility and powerful EA testing environment
  17. Multi-lingual platform

IC Markets cTrader

This is a trading software which every professional and experienced trader wish to have for ECN liquidity and market depth. The tools which this software offer is really amazing, charting is really powerful and automation of trading strategies is easy as well testing on live and demo data.

IC Markets is offering this platform with ECN trading and combinations of these two along with multi-bank liquidity create a truly professional ECN environment, which provides an ultimate trading solution to traders. Definitely, this is a software which will take your trading to the next level.

    1. Available: Desktop application, web, Android, iPhone/iPad, cTrader Algo
    2. Deep liquidity in 64 currency pairs and 16 equity indices
    3. Streaming prices from multiple global banks
    4. Extremely Low Spreads
    5. Ultra Fast Order Execution
    6. No Restrictions on Trading – Scalping Allowed
    7. Level II Pricing – Market Depth
    8. Smart Stop Out
    9. Flexible Funding and Withdrawal Options
    10. All Major Currencies Supported
    11. Real-time forex and CFD quotes
    12. Servers in the LD5 IBX Equinix Data Center
    13. Leverage of up to 1:500
    14. Micro lot trading – Minimum lot size of 0.01 with no maximum
    15. No restrictions on limit orders
    16. Multiple order types
    17. Detachable charts
    18. Expanded symbol display
    19. Real-time reports
    20. One-click trading
    1. Trade against the market with no deal desk intervention
    2. Save money every time you trade with our low costs
    3. Enjoy the fastest ultra low latency execution possible
    4. Chose a leverage to suit your strategy and trading style
    5. Have greater control over your risk with micro lots
    6. Move money in and out of your trading account with ease.

During our IC markets review, we find that day traders and scalpers are using this software and smart stop out option very well. This is the most cost-effective options for short term as well as for long term traders. 

IC Markets Execution

5/5

They are best in the trading execution because IC markets trading infrastructure is collocated in the Equinix NY4 data center with the liquidity and technology partners.

Speedy execution is really necessary to avoid delays and slippage which ultimately result in better profits. In the volatile trading environment, such speedy execution really needed to get in on the exact price.

IC Markets MT4 and cTrader trade servers are located in the NY4 and LD5 IBX Equinix Data Centres in New York and London, providing clients with the fastest possible execution speeds and this is the reason IC markets clients do not experience any slippage. Equinix data centers are known globally for their secure and reliable infrastructure, and top rated brokers are dependent on these. 

What is Equinix NY4 and LD5?

The Equinix NY4 and LD5 IBX Data Centres in New York and London are home to 60+ exchanges and trading platforms, 400+ buy and sell-side firms, 150+ financial service providers, 675+ network bandwidth options. So, speed becomes obvious with this configuration and when traders trade on these servers they never experience requotes.

The Equinix NY4 Advantage

The IC Markets MetaTrader 4 and 5 servers are currently located in the NY4 data center in New York and are collocated with our liquidity providers including 50 banks and dark pool liquidity venues. All of IC market traders connect to these servers and trade in the best available environment.

The Equinix LD5 Advantage

Our cTrader servers are currently located in the LD5 data center in London and also enjoys collocation with our liquidity providers as is the case with the MetaTrader servers.

VPS Cross-Connects

Through IC Market’s partnership with VPS provider Commercial Network Services (CNS), traders can now trade from a CNS VPS with under 1-millisecond latency to our MetaTrader servers. The low latency is achieved through a cross-connect between the CNS data center and our MetaTrader servers.

We have checked the facts during the IC markets review and find these trading servers are best in the world for connectivity and trading. 

IC Markets online support

5/5

They support 10+ languages and they are quite professionals. We do not evaluate on the basis of response delay instead we evaluate on the basis of their availability and resolutions of queries. They are good in both and providing services in your language. During our IC markets review we tested their support multiple time and found then responsive and supportive.

IC Markets Trading Tools

4/5

To empower the trading IC markets is providing the tools which helps a trader to become more professional and some of these tools helps to support the decision making of a trader. The valuable tools which IC markets is offering are,  

IC Markets recognise that the traditional Prime Broker model is effective but creating the perfect feed takes time and volume. FIX is the leading protocol for fast messaging, direct connectivity, and trading in the financial markets.

The IC Markets FIX API Service is a turnkey solution for institutional and high volume clients looking for direct access to market-leading liquidity at affordable prices without relying on external applications/front ends.

Benefits of IC Markets FIX API

    1. Limitations of intermediary application
    2. Lower latency
    3. Improved fill rates
    4. Larger range of order types
    5. Customizations to suit the traders need
    6. Anonymity of client’s automated systems
For experienced programmers

IC markets multi-account manager is the most trusted software in the market. This is a solution which is used by money managers since 2012.

The MAM software communicates all allocation settings directly with the IC Markets MetaTrader 4 server. This means a money manager only has to worry about trading through the MetaTrader 4 Master Account, all other processes are handled seamlessly by the MAM software.

Allocation Methods

    1. Proportional by Balance Allocation
    2. Proportional by Equity Allocation

MAM/PAMM Features

    1. MAM manager to adjust trading parameter in real time
    2. Unlimited trading accounts and deposit amount
    3. Trades – Full, Mini & Micro Lot accounts for best allocation advantage
    4. Allocations to accounts at as little as 0.01 lots (1000 units)
    5. All normal order types accepted: Market, Stop, Limit
    6. All unique order types accepted: Trailing Stop, Close by and Close all
    7. Manage multiple master accounts having different strategies
    8. Allows Expert Advisor (EA) trading of managed accounts from client side
    9. Each Sub Account has an output to screen report
    10. Market watch window within MAM
    11. Live order management monitoring within MAM including P&L
    12. STP on master account for bulk order execution, with instant allocation to sub accounts
    13. Monitor commissions and performance in real time
    14. Manage Monthly, Quarterly and Annual client reports through the MetaTrader Manager

Money Manager Features

    1. Ability to add and/or remove funds without affecting trading activity
    2. Professional reporting analytics displayed to you and your clients
    3. Solutions for EA managers and manual managers

Requirements

    1. All client accounts must complete a Power or Attorney and Fee Disclosure Form
    2. Financial services license or legal opinion in the operating jurisdiction

While conducting the IC Markets review we interview many of money managers they are satisfied with the execution on multi-terminal so we recommend it for money managers. 

If you are running an automated trading strategy then a VPS is the best solution for you. With a good VPS, you can stay connected with the server 24/5 without any disconnection and with high speed. High-speed servers provide unmetered connectivity which results in better execution. Multiple choices are available with IC Markets with the minimum latency,

    • Forex VPS
    • Beeks FX VPS
    • New York City Servers

We test the latency of these servers during the IC Markets review and found them up to standards

These advanced mt4 trading tools give a retail trader to evaluate the trading ideas with more power. When you install these apps, your trading platform will be transformed into the next generation and your trading experience will become really good. These tools are available for live account holders. Some of the tools are,

    1. Alarm Manager
    2. Correlation Matrix
    3. Correlation Trader
    4. Market Manager
    5. Trade Terminal
    6. Sentiment Trader
    7. Session Map
    8. Stealth Order

IC Markets Spreads, Commission & Fees

4.5/5

IC Markets offer variable spreads with price streaming from over 50 different banks, which makes it possible to trade with the lowest spreads and even with the zero spreads. These fifty dark pool liquidity sources with the low latency servers create a truer ECN trading environment that makes a trader able to trade with the best available prices. like most commonly their spreads are,

Minimum 0.0 pips on ECN accounts, Minimum 1 pip on standard account. In our IC markets review, we find that the average spread on ECN account float between 0.0 pips to 2 pips on majors while on standard account it can go up to 3 pips.

IC markets is offering lowest possible spreads on the commodities, we found them on minimum like on Brent their minimum spread is 0.05 and 1.75 on soybean.

they are leading the market with the competitive spread like here on US 30 their typical spread is 2.80 and on S&P 500 0.60. So, you can trade with the piece of mind that your trades on indices and are being executed with the lowest possible spreads.

on their ECN accounts they are offering a minimum spread of 0 pips while on the standard account they are best with the minimum spread of 1 and the average of 1.09 on Gold, and the little higher on the other metals.

The spread of ECN and standard accounts are same for bonds there is no difference they are charging the same spread for bonds on their ECN and standard account types.

we evaluate crypto currency spread with respect to BTCUSD spread on other brokers and during IC Markets review we find that this broker is offering lowest spreads on the cryptocurrency trading like other brokers are offering to trade BTCUSD with the spread of 50 pips while with IC market you can trade it with just 20 pips.

MetaTrader4 True ECN Commission Rates

In our Commission on mt4 ECN accounts are different with the base currencies but keep it on the minimum, here you can see the mt4 ECN account commissions for most popular base currencies,

Account Base CurrencyMicro Lot Commission
(0.01 or 1,000 base currency)
Standard Lot Commission
(1 or 100,000 base currency)
AUD Account
Australian Dollar
AUD 0.035
(AUD 0.07 round turn)
AUD 3.50
(AUD 7.0 round turn)
USD Account
US Dollar
USD 0.035
(USD 0.07 round turn)
USD 3.50
(USD 7.0 round turn)
EUR Account
Euro
EUR 0.03
(EUR 0.06 round turn)
EUR 2.75
(EUR 5.5 round turn)
GBP Account
Pound Sterling
GBP 0.025
(GBP 0.05 round turn)
GBP 2.50
(GBP 5.0 round turn)

cTrader Commission Rates

In a cTrader account they are charging per side commission, that makes it different from the mt4 where a fixed commission is charged against a trading position. Here on cTrader when you enter you enter into a position you have to pay a commission and same on exit, so the commissions are nearly same but divided into two parts.

The commission charged on the cTrader platform is $3 USD per 100,000 USD traded. The USD commission amount is converted to the base currency of an account at the current spot rate. An example of the commission calculation on a cTrader account is below.

 Calculation @ $3 USD per 100,000 USDCommission on 1 lot EURUSD
Opening Price€100,000 x 1.3000 = USD $130,000 x (3 / 100,000)$3.90
Closing Price€100,000 x 1.3100 = USD $131,000 x (3 / 100,000)$3.93
Total Commission on Trade $7.83

During our IC Markets review, we test all of their live accounts and found that they are exactly charging the same spread and commissions which they claim at their website. 

IC Markets Deposits & Withdrawals

5/5

IC markets is a broker with multiple base currency options like you can choose from 10 base currencies. They are offering all popular options for withdrawals and deposits, which makes banking easy with them. On most of the deposit options, the processing time is instant means the deposit will be available to trade in a matter of seconds or instantly & not charging any fee for deposits.

On the other side during the IC markets review, we find that withdrawals are processed on the same day if requested within the working hours that is really an added advantage of trading with this broker. If one withdraws through e-currencies, then such withdrawals are processed within an hour. Multiple base currencies is a real advantage because when you fund with the same currency from your bank account, the conversion charges won’t be charged.

  • Deposits
  • Withdrawals
Credit and Debit Cards: Accepted Currencies: AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD (Processing Time Instant)
 
PayPal: Accepted Currencies: AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, HKD, CHF (Processing Time Instant)
 
Neteller: Accepted Currencies: USD, AUD, GBP, EUR, CAD, SGD, JPY (Processing Time Instant)
 
Neteller VIP: Accepted Currencies: AUD, GBP, EUR, CAD, SGD, JPY (Processing Time Instant)
 
Skrill: Accepted Currencies: AUD, USD, JPY, EUR, SGD, GBP (Processing Time Instant)
 
UnionPay: Accepted Currencies: RMB (Processing Time Instant)
 
Wire Transfer: Accepted Currencies: AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, CHF (2 to 5 Business Day)
 
Bpay: Accepted Currencies: AUD (Processing time 12 to 48 Hours)
 
FasaPay: Accepted Currencies: USD (Processing time instant)
 
Poli: Accepted Currencies: USD (Processing time instant)
 
Thai Internet Banking: Accepted Currencies: USD (Processing time 15 to 30 Minutes)
 
RapidPay: Accepted Currencies: EUR, GBP (Processing time instant)
 
Klarna: Accepted Currencies: EUR, GBP (Processing time instant)
 
Bitcoin Wallet: Accepted Currencies: BTC (Processing time 1 to 2 hours)
 
Vietnamese Internet Banking: Accepted Currencies: USD (Processing time instant)
 
Broker to Broker: Accepted Currencies: AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, CHF, HKD
(Processing time 2 to 5 business day)
  • All the deposit methods are available to use for withdrawal, as per industry norms and AML conditions a trader must use the same withdrawal method which he used to deposit the investment. 

 

  • Withdrawal requests cut off time is 12:00 AEST/AEDT. If your withdrawal is submitted before this time it will be processed on the day of receipt. If your withdrawal is submitted after this time it will be processed on the following business day.

 

  • Credit / Debit Card withdrawals are processed free of charge. Once processed, Credit / Debit Card withdrawals may take 3-5 business days to reach you credit card. You should however be aware that in some rare occasions, this may sometimes take up to 10 business days depending on the banks end.

 

  • Paypal / Neteller / Skrill withdrawals must be made from the same account from where the funds were sent initially. These transactions are processed free of charge and are instant once processed.

 

  • IC Markets does not charge any additional fees for deposits or withdrawals. You should however be aware that you may incur fees on payments to and from some international banking institutions. IC Markets accepts no responsibility for any such bank fees.

Recommended for Beginners

5/5

This is a broker that really deserves to be recommended for the beginners. The reason is they have all the tools and resources which a new trader needs to start his trading career. Like the education, a very basic one IC Markets have that on its portal which everyone can access and webinars which play a critical role in learning because a trader can interact with the presenter which provide an opportunity to make the concepts clear.

The platform the very basic need of every trader the easiest it is the easiest it will be for the trader to start live trading. Meta quotes trading software’s are on the top and everyone wishes to trade on this software.

IC markets took these softwares’s one step ahead while providing advanced trading tools as a package with this trading software which makes meta quotes trading software more powerful for a new trader.

Online support also recommends that the new trader as a new trade interact a lot with the support just to check out and ask for very basic things. IC markets support is one on which a new trader can depend. Speedy withdrawal and deposits along with daily market summary make trading easy for new traders.

Recommended for Professionals

5/5

Need of a professional trader is totally different as compare to the novice traders, like at very first professional trade want a fast execution.

IC markets servers are discussed earlier and these servers have no match in the industry and the speed of execution is ultra-fast and this is the reason we are recommending IC market to professional trader. During the IC markets review we test the execution as compare to other brokers and find that they are best in execution.  

Professional trader wants to trade with the broker with ultra-low cost which is very possible with the IC markets as IC markets spreads starts from the zero which provides all the benefits of cost which one professional looks for. Specially we evaluate the cost on cTrader during the IC Markets review find that they are very competitive in pricing for professionals.

Well on the other side professional trader always need some tricky support, to test this fact in the IC markets review we contact and ask several tricky questions to the support and they return in timely manner and with very elaborative and clear response every time. So, they are highly recommended for the professional traders.

Security of Funds, is another requirement of professional trade which cannot be satisfied better at any other place then IC markets. They are holding top rated insurance and place funds in segregated account which is best for professional traders.

So, in IC markets review we find that this broker is quite enough capable to handle and provide service to the professional traders.

IC Markets recommended for Forex Trading

5/5

They are providing best forex trading conditions and account types. We believe that their trading conditions are best in the market and that the pricing of the currency pairs is good.

In fact, trading forex is cost-effective with them and no re-quotes is another advantage. In the current environment, every trader wishes to trade with a broker that provides ultra-fast execution and cost-effective, so the IC markets does. In IC markets review we concluded that they are the ultimate choice of traders trading currency pairs, because of their range of trading pairs and because of their execution which is best.

In fact, they maintain a well-established approach towards trading, and this is the reason they are providing liquidity to their customers from the top 60 institutions.

Recommended for Commodity Trading

3/5

Well, A professional commodity trader wants to trade with the full range with the multiple contracts and expiring in each month which gives better control over trading and decision making, nowadays the there is a lot of variety in contracts available to trade with multiple futures trading exchanges.

But here IC markets is offering few of futures contracts on limited commodities so for a forex trader it good to trade these most highly traded commodities but for a professional commodity trader this platform is not recommended.

Their execution is ultrafast, funds security is top class but when we talk about commodity trading they are not offering the full range so we are not recommending it for professional commodity traders, But the forex traders who trade commodities off and on can sure trade with no doubt on their services.

Most of commodity trading volume comes from the developed nations and when we try evaluate the commodity trading of IC markets, we did not find any professional trader working with them. 

Recommended for Indices Trading

4.5/5

A stock index is a good indicative measure of market performance. Indices such as the FTSE 100 and DJIA Index are baskets of blue-chip stocks listed on the exchange and are generally a good measure of the current market sentiment. A change in the performance of any constituent stock in an index is reflected in a change in the overall value of that index.

Not all but they are offering all major indices which currency traders choose to trade, their spreads and their execution on the indices is really remarkable and up to the standard to follow for others. During our IC markets review, we find that the majority of traders are trading indices with them and they are satisfied with their services.

Price of assets updated in their trading platform as real-time and there are no data fees for the same a trader can access the feed in any trading platform they offer and can place his trades with the basic margin requirement. Make sure you check the schedule of market hours as many indices remain closed and work only when cross ponding market opens.

Recommended for Bonds Trading

3/5

IC Markets Bond CFDs are based off fixed income debt securities that pay investors a regular coupon in exchange for their investment. We offer the bonds products as a CFD with flexible lot sizing, so you can speculate on the price of the Bond by going long or short.

You can get the benefit of any price movement and make it sure that you make the right decision because sometimes they become very volatile.

The advantage for the forex trader is a minimum 2% margin is required to trade these bonds which makes it more attractive for a trader who prefers to trade the leveraged products.

Well, this is another segment that is only touched by the IC Markets. In our IC markets review, we find that only a few of such assets are offered by IC markets that is only a touch of the bonds market. Not offering the full range push us to not recommend this broker to professional fixed-income traders.

IC Markets Recommended for Crypto trading

3/5

If you are planning to sign up with the IC markets to trade the crypto currencies, then it is not a right decision as most of profession crypto traders trade 24/7 with no break but here in our IC Markets review we find that IC markets is only offering 24/5 trading on the Cryptos while the two most important days for crypto traders are Saturday and Sunday which are not available to trade.

Professional Crypto Exchanges offer 24/7 trading and this is the reason crypto traders look for round-the-clock trading in all the days of the week which is not available with IC market.

But yes here you can take advantage of leverage if you can make a good decision in your crypto trading then trade with leverage and enhance your trading profits this is really a great opportunity as IC markets are offering several coins to trade.

On the other side if you are forex trader and want to trade cryptos they IC markets is a best solution for you, as you will get both opportunities as one place.

IC Markets Recommended for Stocks trading

4/5

IC Markets are offering to trade 100+ Stock to trade on the meta trader five, during our IC markets review we test the feed and connectivity as well execution of stocks trading nearly 20% of them and found that their trading platform mt5 works well with the stocks trading and trades are executed in the timely manners.

As a forex trader, you also can test the depth of stocks trading as these are available to trade with very low cost and services are really good. Trading with the margin on stocks with the right decisions can really bring something extra for you. But before making any decision check the trading hours as this market open for working hours only.

Well IC markets again touch this segment not fully offering as we know well there are thousands of stocks to trade. In our IC markets review, we are not recommending this broker for the professional stock trader but it can be a for forex trader as he also can trade most commonly traded stocks.

IC Markets Recommended for Futures trading

2/5

Only four futures are available to trade on mt4 and mt5 with the margins, which is a good addition for forex traders. But again, for a professional futures trader, this broker is not recommended as they are offering very limited assets to trade.

nowadays futures and options on futures are very common trading in the USA and another world as well so while conducting this IC markets review we find that professional futures brokers are offering hundreds of contract and possibilities of options to trade. For a professional futures trader, a limited approach may not work well, so we are not recommending this broker for futures trading.

Recommended for Affiliate/Partners

5/5

They are really developed a good system to track the performance of affiliate and partners which helps the partners to grow with the speed and remain tension free while the IC markets is there to look after the clients referred.

They are paying commissions on the regular basis and there is no complaint until now that we find in our IC markets review.

They are good and a preferred choice for affiliate marketing and IB programs. A lot of marketing material is available on their site which contains the variety to attract the new traders towards this broker.

Currently they are offering different types of partnership program but the most important thing is tracking and they are bet in it once a customer click and signup through your link he will be in your list and no doubt with the coming challenges they improving their services days after day.

Recommended for Money Managers

5/5

IC Markets true ECN model with tight spreads and deep liquidity ensures money managers are able to get filled on large volumes at the prices they request. This means MAM/PAMMs are able to produce greater returns and give money managers greater control over their fee mark-ups, maximising the returns for all parties.

Money Manager Features

    • Customisable trading conditions including spreads, commissions, performance fees, etc.
    • Automatic calculation of commissions and performance fees with easy withdrawal options
    • Ability to add and/or remove funds without affecting trading activity
    • Large product Range
    • Professional reporting analytics displayed to you and your clients
    • Solutions for EA and manual traders

Money Manager Benefits

    • Charge clients based on your preferences and investment philosophy
    • Flexibility with withdrawing commissions to improve your cash flow
    • Keep investors happy by allowing them to deposit and withdrawal when they want
    • Get access to more opportunities across more markets with our large product range
    • Greater transparency between IC Markets, Money Manager and Investors

During the IC markets review, we find that money managers working with this broker are quite satisfied with the services offered by this broker, and especially they are not experiencing any slippage on execution.  Orders on different accounts got executed at the same price.

Recommended for Myfxbook Auto Trading

5/5

IC markets is offering ultra-fast execution and connectivity to myfxbook which is a reason there is no slippage when you sign up for the myfxbook auto trading. In some cases we find slippage, but when with the agency model and auto trading a minor slippage become usual and traders have to bear it.

In the case of IC markets it is within 1 pip we consider it minor and do not bother that because there are brokers which are experiencing the slippage of 5 pisp that is too high. So in IC markets review when we compare IC Markets with other brokers we find IC markets best to trade with myfxbook auto trading. 

Recommended for Zulutrade Auto Trading

5/5

If you want to trade with the no slippage on Zulu trade or want to give your follows the best execution, then IC Markets is a top choice in the market. This is a broker with the lowest slippage with Zulu trade. The reason that we find is Zulu is also on the same type servers which make connectivity between both much better and it will enable traders to trade with almost no slippage.

It’s easy to open a Zulu trade account with IC markets. During the IC markets review, we test them especially for slippage with Zulu trade and find that it between 0.1 to 0.2 pips. Which is really good means that the signal whom you follow will be executed on your account at the same price.

Zulu Rank and Zulu Guard is there to help you and to save you from disasters.

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