IC Markets Reviews

IC Markets stands out for its low commissions and tight spreads. It offers a range of CFDs encompassing stocks, currencies, commodities, cryptocurrencies, bonds, indices, and derivatives. However, it does not support trading in actual stocks or underlying assets.

The platform is primarily tailored for CFD trading and is a prime choice for algorithmic traders and scalpers. More than 60% of all executed trades at IC Markets are algorithmic, making it an excellent environment for this type of trading.

IC Markets also caters to social traders with three copy trading services. Beginner traders can benefit from a high-quality educational platform and excellent 24/7 customer support.

The platform offers competitive spreads, low commissions, flexible leverage, and fast execution speeds. The average execution speed is under 40ms once the order is received by IC Markets.

By offering leverage up to 1:500, IC Markets opens the path to the forex market for Retail traders. Using leverage means only a small initial outlay (margin) is required.

IC Markets streams prices on 60 different currency pairs and 4 metals on all trading platforms. They are able to offer some of the best pricing in the industry by aggregating quotes from over 25 different pricing sources.

IC Markets applies commissions in Forex and Precious Metals and the rates vary by trading account type. The commission charged on the cTrader platform is $3 USD per 100,000 USD traded.

A forex swap rate or rollover is defined as the overnight interest added or deducted for holding a position open overnight. Swap rates are determined by the overnight interest rate differential between the two currencies involved in the pair and whether the position is long or short.

Access your investment potential with over 2,200 Aussie share. Enjoy $7.70 flat fee for trades up to $100,000.

Their average EUR/USD spread is 0.1 pips, with only a small commission of $3.50 per lot payable per side. With aggregated source of pricing from up to 25 institutional grade sources, IC Markets Raw Spread account was built for day traders, scalpers and expert advisors.

IC Markets Global offers aggressive pricing and flexible trading conditions. They are ideal for traders who demand the best execution quality and lowest spreads. Prices stream from over 25 different sources of pricing at the highest speed, which means you will always be trading on the best available price. Spreads can go as low as 0.0 pips on MetaTrader 4, 5, cTrader and TradingView Raw Platforms.

The average execution speed is under 40ms once the order is received by IC Markets Global. They execute your trade at one of the fastest speed in the industry. Access unparalleled depth of market with one of the most trusted Forex CFD provider and the support of ultra fast server in New York and London.

By offering leverage up to 1:500, they open the path to the forex market for Retail traders. Using leverage means only a small initial outlay (margin) is required. The use of leverage can magnify gains but losses can also exceed your initial deposit.

IC Markets Global streams prices on 60 different currency pairs and 4 metals on all trading platforms. They are able to offer some of the best pricing in the industry by aggregating quotes from over 25 different pricing sources. This low pricing combined with unrivalled execution speeds makes IC Markets Global the favoured destination for day traders, scalpers and those using Expert Advisors (EAs).

They offer long and short swap rates for all of their currency pairs and metals. Swap rates are determined by the overnight interest rate differential between the two currencies involved in the pair and whether the position is a buy ‘long’ or sell ‘short’.

Trading hours can also be viewed from within the MetaTrader, cTrader and TradingView trading terminals. Start trading with some of the tightest spreads in the world. Open Trading Account Try a Free Demo Learn about IC Markets Global forex trading conditions by reviewing their Spreads, Swap Rates, available Currency pairs and Metals. Start trading now!

IC Markets’ spreads are among the lowest across all major and minor currency pairs. In particular, their average EUR/USD spread of 0.1 pips is one of the lowest in the world. They offer variable spreads on their Meta Trader 4 , Meta Trader 5 and cTrader , forex trading platforms. They are able to offer tight spreads in each of their platforms by providing them with Raw Pricing connectivity. Over 25 liquidity sources are pricing into their Network at any given time to ensure their spreads remain tight and liquidity deep 24/7. Their typical spreads are illustrated below. Spreads can go as low as 0.0 pips on their MetaTrader and cTrader Raw Spread platforms.

IC Markets applies commissions in Forex and Precious Metals and the rates vary by trading account type. MetaTrader4 Raw Spread Commission Rates Account Base Currency USD Account US Dollar EUR Account Euro GBP Account Pound Sterling Micro Lot Commission (0.01 Lot) USD 0.035 (USD 0.07 round turn) EUR 0.0325 (EUR 0.07 round turn) GBP 0.0275 (GBP 0.06 round turn) Standard Lot Commission (1 Lot) USD 3.50 (USD 7.0 round turn) EUR 3.25 (EUR 6.5 round turn) GBP 2.75 (GBP 5.5 round turn) cTrader Commission Rates cTrader commission is charged per side, per 100,000 USD traded. This is different to MT4 which charges a fixed amount per lot. 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.

A forex swap rate or rollover is defined as the overnight interest added or deducted for holding a position open overnight. Swap rates are determined by the overnight interest rate differential between the two currencies involved in the pair and whether the position is long or short.

Access your investment potential with over 2,200 Aussie share. Enjoy $7.70 flat fee for trades up to $100,000.

Their average EUR/USD spread is 0.1 pips, with only a small commission of $3.50 per lot payable per side. With aggregated source of pricing from up to 25 institutional grade sources, IC Markets Global Raw Spread account was built for day traders, scalpers and expert advisors.

IC Markets Global offers a variety of payment methods. These include:

• Credit and Debit Cards
• PayPal
• Neteller
• Neteller VIP
• Skrill
• UnionPay
• Wire Transfer
• Bpay
• Broker to Broker
• POLI
• Thai Internet Banking
• Rapidpay
• Klarna
• Vietnamese Internet Banking

The processing time for most of these methods is instant, but for some like Wire Transfer and Broker to Broker, it may take 2-5 business days. For Bpay, the processing time is 12 - 48 hours, and for Rapidpay and Klarna, it may take up to 2 business days.

Please note that all deposits into the trading account should come from a bank account in the user's name. Payments from Joint Bank Accounts / Credit Cards are accepted if the trading account holder is one of the parties on the Bank Account / Credit Card. Electronic payments are processed using SSL (Secure Socket Layer) technology and are encrypted to ensure security. All payment information is confidential and used only for the purpose of funding the trading account with IC Markets Global.

For faster processing, it is recommended that all account holders deposit funds into their trading account from inside their Secure Client Area. From the Secure Client Area, users will be able to fund their account in real time using one of the instant funding methods. In certain instances, it may take up to an hour for deposits to be processed into the designated trading account. Such cases are outside of IC Markets Global control, and they shall not be held liable for any losses or additional losses. If users do not yet have access to the Access Instructions, they should follow the Access Instructions.

When funding the trading account, client money is held in Segregated Client Money Accounts with Top-Tier International Banks.