IC Markets is a reputable brokerage offering a wide range of trading services, including Forex, stocks, commodities, and cryptocurrencies. With raw spreads starting from 0.0 pips, fast order execution, and diverse liquidity, IC Markets caters to high volume traders, scalpers, and automated trading systems.
The company provides a secure trading environment, with multiple trading platforms like MT4, MT5, and cTrader, and offers over 2,100 tradable instruments. Traders can benefit from 24/7 dedicated support, low latency fiber optic connections, and a variety of account types to suit different trading styles.
IC Markets is known for its transparency, tight spreads, and excellent ratings, making it a preferred choice for many traders globally
Promotions and Bonuses
IC Markets does not currently have any promotional offers such as a Sign Up Bonus, Welcome Bonus, Deposit Bonus, or the option of a no-deposit bonus for traders who open a real trading account with them.
They do not provide any additional financial incentives or bonuses to new clients upon registration. It’s important to note that promotional offers and bonuses can vary over time, so it’s recommended to visit the official IC Markets website or contact their customer support for the most up-to-date information on any available promotions or bonuses.
Trading Details
Additional Detail
Fees and Spreads
IC Markets is an Australian-based online forex and CFD broker that offers competitive spreads and low fees. Here’s an overview of their fees and spreads:
1. Spreads:
IC Markets offers tight spreads on all of their tradable instruments, which includes Forex, commodities, indices, and cryptocurrencies. The typical spreads for some of the popular Forex pairs are as follows:
EUR/USD: 0.1 pips
GBP/USD: 0.4 pips
USD/JPY: 0.1 pips
AUD/USD: 0.1 pips
Note that spreads can vary depending on market conditions, so it’s important to check the current rates on their website.
2. Commission:
IC Markets charges a commission on their Raw Spread account, which is designed for traders who require low spreads and have high trading volumes. The commission charged is $7 per round turn (i.e., per 100,000 units of currency traded).
3. Inactivity Fee
There is no inactivity fee at IC Markets. You won't be charged a fee for not using your account at IC Markets for a long period of time.
Education and Research
Trading Guides
IC Markets offers a variety of trading guides that cover various topics such as Forex trading, CFDs, and technical analysis. These guides are designed to help traders understand the basics of trading and improve their skills.
Webinars
IC Markets regularly hosts webinars on various trading topics, which are conducted by experienced traders and analysts. Traders can attend these webinars live or watch recordings of past sessions.
Video Tutorials
IC Markets provides a collection of video tutorials covering various trading topics such as trading platforms, technical analysis, and trading strategies. These tutorials are designed to be easy to follow and provide a comprehensive understanding of the topic.
Trading Tools
IC Markets offers a range of trading tools to help traders improve their trading performance. These tools include an economic calendar, market analysis, and trading signals.
Demo Account
IC Markets provides a free demo account to traders, which allows them to practice trading without risking real money. This is an excellent way for new traders to learn the basics of trading and test out different trading strategies.
Customer Support
1. Live Chat: IC Markets offers a 24/7 live chat support service on their website, which allows traders to get instant answers to their questions from a customer support representative.
2. Phone Support: IC Markets provides phone support for their clients, and traders can reach them by calling the phone number listed on their website. They offer local phone support in several countries, as well as a global phone support number.
3. Email Support: Traders can also contact IC Markets through email, and they typically respond within 24 hours.
4. Knowledge Base: IC Markets has an extensive knowledge base on their website, which includes a range of articles and tutorials covering various trading topics. Traders can use this resource to learn more about trading and find answers to common questions.
5. Social Media: IC Markets has an active social media presence on platforms such as Twitter, Facebook, LinkedIn, and YouTube. Traders can follow them on these platforms to stay up-to-date on the latest news and updates, as well as contact them through direct messages.
Comments
Kudos to IC Market for their tight spreads and competitive pricing. It has significantly reduced my trading costs and increased my profitability.