IC Markets Reviews
(Rated by 15 users)
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Payment Methods
- Credit/Debit Cards
- PayPal
- Klarna
Payment Methods
- Verified Store VERIFIED
- Free shipping: Orders $50+
- In-store pickup: Ready in 2 hours
- 30-Day Returns
- Gap Good Rewards (4 brands)
Payment Methods
- Tops: $23 - $70
- Bottoms: $27 - $70
- Outerwear: $34 - $70
- Kids: $29 - $75
Today's Best Deals
Overall Rating
4.4
Base on 15 Reviews
Ratings by Feature
Ratings by Feature
- Good Value4.4
- Shipping & Delivery4.5
- Price & Quality4.4
- Customer Service4.6
- Return Policy4.6
Recent Customer Reviews (15)
Christi Bailey
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Alisha Gough
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Scott Shafer
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Alicia Eslick
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Rick Mills
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Jonathan Mortensen
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Christine Taylor
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Sean Clark
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Lydia Houghton
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Consolata Siciliano
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Payment Methods
Accepted Payment Options:
Prices for items on Icmarkets.com vary widely depending on the type of clothing and promotions available. Typical price ranges include:
Credit/Debit Cards
PayPal
Klarna
Payment Process
- Payments can be made online during the checkout process.
- For IC Markets credit card payments, options include online payments, mail, or phone calls, but in-store payments are not accepted.
Refund Information
Refunds for returns will be processed back to the original payment method used during the purchase.
IC Markets Pros & Cons
Pros
1
Competitive Pricing: IC Markets offers competitive pricing with low average spreads across all account types.
2
Scalable Execution: The broker provides scalable execution, making it an excellent option for algorithmic traders.
3
Range of Markets: IC Markets offers a diverse range of tradable symbols, including over 3,500 instruments.
4
Regulatory Oversight: The broker maintains regulatory status in two Tier-1 jurisdictions and three Tier-4 jurisdictions, ensuring stringent oversight.
5
Advanced Tools: IC Markets provides a rich array of tools and features, including real-time push notifications, trend exploration tools, and comprehensive charting capabilities.
6
Social Copy Trading: The broker supports social copy trading through platforms like Myfxbook and ZuluTrade, making it appealing to retail forex and CFD traders.
7
Educational Resources: Although limited, IC Markets offers educational resources such as articles and video tutorials to help traders improve their skills.
8
Fast Execution: IC Markets ensures fast execution speeds, facilitated by top-tier liquidity partners and servers located in New York and London.
CONS
1
High Risk: CFDs are complex instruments with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider.
2
Limited Educational Resources: The educational resources provided by IC Markets are not very informative or diverse, which may make it less suitable for beginners.
3
Withdrawal Fees: There are fees for certain withdrawal methods, including a $20 wire charge.
4
Limited Asset Class Support: IC Markets does not support trading in exchange-traded funds (ETFs) and has a limited range of cryptocurrencies compared to some other brokers.
5
Negative Balance Protection Limitations: Negative balance protection is not available in all countries, and there are limitations on client protection depending on the jurisdiction.
IC Markets Features and Benefits
Features
Low Commissions
Reduces trading costs, e.g., $3 USD per 100,000 USD traded on cTrader or $3.50 per lot per side on Raw Spread accounts
Tight Spreads
Provides competitive pricing with average EUR/USD spread of 0.1 pips and as low as 0.0 pips on raw platforms from over 25 pricing sources
Fast Execution Speeds
Average under 40ms with servers in New York and London, ideal for day traders, scalpers, and algorithmic trading where over 60% of trades are algorithmic
High Leverage up to 1:500
Allows retail traders access to forex market with only a small initial margin outlay
Wide Range of Markets
Offers over 3,500 CFD instruments including 60 currency pairs, 4 metals, stocks, commodities, cryptocurrencies, bonds, indices, and over 2,200 Aussie shares
Scalable Execution
Excellent for algorithmic traders with deep liquidity and aggregation from 25 institutional sources
Copy Trading Services
Supports social traders via three platforms including Myfxbook and ZuluTrade
Educational Resources
High-quality platform with articles and video tutorials for beginner traders
24/7 Customer Support
Excellent support available around the clock
Regulatory Oversight
Regulated in two Tier-1 and three Tier-4 jurisdictions ensuring stringent oversight
Advanced Tools
Includes real-time push notifications, trend exploration tools, and comprehensive charting capabilities
Quick Withdrawal Processing
Requests before 12:00 midday AEST/AEDT processed same business day
Low Flat Fee for Aussie Shares
$7.70 for trades up to $100,000 unlocking investment potential in over 2,200 shares