The customer support service is very bad, because they were answering for a long time. The platform very often freezes and I can’t be able to trade, to open and close positions. Raw Spread is the difference you’ve been waiting for. Trade with spreads from 0.0 pips, no requotes, no price manipulation and no restrictions.

BrokerChooser does not provide investment or any other advice, for further information please read our General Terms and Conditions. Forex brokers If the balance on your account goes into negative, you will be protected. Opening an account only takes a few minutes on your phone.

Deposit and withdrawal needs to review the security of your connection before proceeding. IC Markets is licensed and regulated in multiple jurisdictions. Please find all relevant risk warnings and websites below. With value-added tools and support for all trading strategies and styles. IC Markets chose the South African capital to film the advert, in recognition of its success in this market since launching in 2020. The decision to support the South African film industry also follows IC Market’s recent sponsorship of the Rugby World Cup Sevens held in Cape Town.

ICMarkets forex

If you do not have sufficient free equity available you will be unable to open a position on the trading platform. The free margin amount shown in the trading platform is the amount you have available to use should you wish to open additional positions. IC Markets offers traders the MT4, MT5, and cTrader trading software to meet a wide range of user needs. MT4 is currently the most popular trading platform with a highly customizable, user-friendly interface with several technical indicators and data analysis tools to help traders develop different trading strategies.

How do I test the latency from my computer to the MetaTrader 4 trade server?

IC Markets is an Australian based online forex broker that was established in 2007 in Sydney, Australia. Ever since its inception, it has grown drastically over the last one decade to become a global brand with its presence being felt across the sea in Europe and Asia.

  • I can’t give 5 starts for because i didn’t experience the deposit/withdrawn topic but I’m sure it won’t be a problem.
  • We tested the ‚True ECN with MetaTrader‘ account, which charges a commission but offers tight spreads.
  • Our CFD prices are calculated based on the price of underlying instrument with an adjustment made for fair value.
  • This is information can be found in within the trade tab inside the terminal section of the platform.
  • The deal confirmation screen displays a summary of the order that you have placed including the order number, quantity and price the order was filled at.

IC Markets does not offer Negative Balance Protection and your loss may exceed your account balance. IC Markets is an Australian forex broker established in 2007 and regulated by ASIC, CySEC, SCB , FSA , and FSCA .

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IC Markets is the online forex broker of choice for high volume traders, scalpers and robots. All information presented on website, including charts, quotes and financial analysis, is informational and doesn`t imply direct instructions for investing. will not accept any liability for loss or damage as a result of reliance on the information on this site. Forex pairs, cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.

We advise that you use stop loss orders to limit your risk and you monitor the margin level in your account regularly. You will be responsible for any negative balance in your trading account. Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size of the position and the leverage applied to your trading account.

What is cTrader Smart Stop Out?

Equity is calculated as (Balance + Open Profit/Loss). No you will not be charged any account inactivity fees. We require a minimum deposit of $200 USD or currency equivalent. Yes, you are able to withdraw more than your initial deposit will be paid back to your credit card however you must provide your full credit card number to our accounts department in order for us to do so. Credit card, Skrill and Webmoney deposits are usually applied within 30 minutes.

The search functions are OK.You can find the assets listed by category. However, we Forex brokers missed the usual search function where you can type in the asset’s name manually.

Serious company.

IC Markets has clear portfolio and fee reports.You can easily find your profit-loss balance and the commissions you paid. These reports are located under the ‚History‘ tab, but we didn’t find a way to download them. You can only withdraw money to accounts in your name. There is no fee for withdrawing funds when using credit/debit cards, icmarkets broker electronic wallets or international bank transfers. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

FP Markets offers 60 Forex pairs versus 61 available at IC Markets. All traders have access to 144 CFDs at the former and 850+ at the latter. CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors. Whether you are trading Stocks, Futures, Commodities or Forex you will be subject to slippage. Slippage can increase when markets become volatile such as over new periods, you should keep this in mind when trading outside of normal market conditions.

Trades Are On Us

I am with ic markets since years and i am always complete satisfied with. You can choose currencys od leverage as you need and no one would ask you anything or wants something from you. The client portal interface is easy to use and the i enjoy the low spreads they offer. The support agents on Live chat are always quick to respond, professional, and polite. The live chat service, however, could be much better. It is slow, the average wait time for an answer was more than 10 minutes. For example, we had to ask several questions until we got information on how their financing rates work.