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IC Markets Global

Australia|15-20 years| Benchmark AAA|
Market Making(MM)|

https://www.icmarkets.com/global/en/?camp=56118

Website

Rating Index

Benchmark

Benchmark

AAA

Average transaction speed (ms)

381.1 Good

MT4/5

Full License

ICMarkets-Live06

United States
MT4
988

Influence

AAA

Influence index NO.1

Australia 8.27

Benchmark

Speed:AA

Slippage:AAA

Cost:AAA

Disconnected:AAA

Rollover:AA

MT4/5 Identification

MT4/5 Identification

Full License

988
Server Name
ICMarkets-Live06 MT4
Server Location United States

Influence

Influence

AAA

Influence index NO.1

Australia 8.27

Surpassed 91.00% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+248 467 19 76
support@icmarkets.com
https://www.icmarkets.com/global/en/?camp=56118
Eden Plaza, Office 222, Eden Island, Mahe, Seychelles
  • 100% Mediation in the complaints

    Response of EMC during7working days

Licenses

VPS Special
+100%
2*CPU
2G*RAM
60G*HDD
2M*ADSL
※ IC Markets Global Real Accounts Only ※
Free

Contact number

English

+248 467 19 76

English

+55 08008783054

Other ways of contact

Broker Information

More

Company Name

Raw Trading Ltd

Abbreviation

IC Markets Global

Platform registered country and region

Australia

Company website
Twitter
Facebook
Instagram
Linkedin

Pyramid scheme complaint

Expose

Quick IC Markets Global Review in 10 Key Points
Registered inAustralia
Regulated byASIC, CYSEC
Founded in2007
Trading InstrumentsForex pairs, commodities, stocks, cryptocurrencies, indices, bonds, futures
Minimum Initial Deposit$200
Demo AccountAvailable
Islamic AccountAvailable
Maximum Leverage1:500
Minimum Spread0.0 pips onwards
Trading PlatformsMetaTrader4, MetaTrader5, cTrader
Deposit & Withdrawal MethodNeteller, skrill, bank transfer, VISA, Mastercard, paypal, credit card, debit card, unionpay, poli, wire transfer, rapidpay, klarna

What is IC Markets?

IC Markets Global is an Australian online forex and CFD broker that provides traders access to the global financial markets. The company was founded in 2007 and is regulated by the Australian Securities and Investments Commission (ASIC). IC Markets offers a range of trading instruments, including forex, indices, commodities, and cryptocurrencies, and provides traders with advanced trading platforms such as MetaTrader 4, MetaTrader 5, and cTrader. The company also offers 24/7 customer support and a variety of educational resources for traders of all levels.

basic-info

Is IC Market Legit?

IC Markets Global maintains regulatory compliance in both Australia and Cyprus, adhering to the respective financial regulatory standards in these jurisdictions. Regulatory oversight by ASIC and CYSEC contributes a safer trading environment for clients.

Regulated Country Regulated AuthorityRegulated Entity License Type License Number
ASICINTERNATIONAL CAPITAL MARKETS PTY. LTD.Market Making(MM)335692
CYSECIC Markets (EU) LtdMarket Making(MM)362/18

IC Markets' Australian entity, INTERNATIONAL CAPITAL MARKETS PTY. LTD., regulated by ASIC under license number 335692, holding a license for Market Making (MM).

Regulated by ASIC

IC Markets' enropean entity, IC Markets (EU) Ltd, regulated by CYSEC under regulatory number 362/18, holding a license for Maket Making ( MM) as well.

Regulated by CySEC

WikiFX's investigation team personally visited the registered address located at Omonoias, 141, The Maritime Centre, Block B, 1st floor, 3045, Limassol, Cyprus. Notably, the IC Markets Global logo was prominently displayed on billboards in the vicinity of the building. Hence, their visit to the location confirmed that IC Markets was indeed operating from the officially designated regulatory address.

regulation
regulation

Market Instruments

IC Markets Global offers a wide range of over 2250 tradable instruments to trade, including forex pairs, commodities, stocks, cryptocurrencies, indices, bonds, and futures. This provides traders with the opportunity to diversify their investment portfolio and access multiple markets and assets. The company offers competitive spreads and low commissions on all instruments, making it a popular choice among traders.

products

Minimum Deposit

IC Markets Global requires a minimum deposit of $200 for traders to open an account. In the industry, many established brokers frequently impose minimum deposit requirements that surpass $500 or even reach $1,000. In contrast, certain major players such as Avatrade and Aixtrader only mandate minimum deposits of $100 and $0, respectively. So, IC Markets's minimum deposit requirement seems to be in the “middle”.

Here is the comparison of IC Markets Global minimum deposit with Avatrade, Exness, and Axitrader:

BrokerMinimum Deposit
label
$200
label
$100
label
$1 USD
label
$100

Account Type

C Markets offers traders a range of account types with different trading platforms, commissions, and spreads. The CTrader and Raw spread accounts charge a commission of $3 and $3.5 respectively but offer spreads from 0.0 pips, while the Standard account has no commission but wider spreads from 0.6 pips.

A demo account and Islamic account are also available. Although the minimum deposit of $200 may be high for some traders, the variety of account types and competitive spreads on some accounts may make up for it. However, traders should note that commissions are charged on all other accounts apart from the Standard account, and there is limited information on account features.

Demo Account

IC Markets Global offers a free advanced demo account for beginner traders to practice on, which lasts for 30 days.

Users who open a demo account can enjoy the following features:

  • Access to Raw Pricing
  • Spreads Starting at 0.0 Pips
  • Fast Order Execution
  • Available on MT4, MT5 and cTrader platforms

However, demo accounts aim to mimic real markets but function in a simulated environment. This means there are significant differences compared to real accounts, including not relying on real-time market liquidity, encountering price delays, and having access to certain products that may not be tradable on live accounts.

Opening a demo account is simple:

Step 1: click the “Try a Free DEMO” button on the homepage of IC Markets.

open-account

Step 2: Fill in your personal info, including your country of residence, name, email, phone number to get a verification code.

open-acoount

Step 3: Choose to demo accounts on your preferrable trading platform, MT4, MT5, or cTrader. Then choose your account currency, virtual funds, starting from $200 to $5,000,000, your desired leverage level.

Step 4: Log into your demo account and start trading.

Leverage

IC Markets' maximum leverage offering of up to 1:500 can be beneficial for experienced traders who know how to manage their risks well. The high leverage can potentially magnify the profits of a successful trade, enabling traders to take advantage of larger positions in the market.

Spreads & Commissions

IC Markets Global is known for its tight spreads and low commissions, making it a popular choice among traders. The broker offers a variety of account types to choose from, including the Raw Spread account with spreads starting from 0.0 pips and a $3.5 commission per lot traded, and the Standard account with spreads starting from 0.6 pips and no commission. The cTrader account also offers low spreads starting from 0.0 pips, with a $3 commission per lot traded.

spread-commission

Trading Platforms

IC Markets Global offers its clients a variety of trading platforms, including the popular MetaTrader4 and MetaTrader5 platforms as well as the cTrader platform.

The MetaTrader4 and MetaTrader5 platforms are similar and offer a range of trading tools and indicators, as well as the ability to use Expert Advisors (EAs) and automate trading strategies.

The cTrader platform, on the other hand, offers advanced charting capabilities and a variety of order types. However, it has a steeper learning curve and limited customization options compared to the MetaTrader4 and MetaTrader5 platforms.

Trading PlatformSupported Available Devices Suitable for
cTraderDesktop, MobileExperienced investors
MT4Desktop, MobileAll investors
MT5Desktop, MobileAll investors

trading-platform

Deposit & Withdrawal

IC Markets Global offers a variety of deposit and withdrawal options, including Neteller, Skrill, bank transfer, VISA, Mastercard, Paypal, credit/debit cards, Poli, wire transfer, rapidpay, and klarna. IC Markets Global does not charge any fees for deposits and withdrawals, however, additional fees may occur at some banking institutions.

Withdrawal requests have a cut off time at 12:00 AEST/AEDT, and take up to 10 business days to process depending on the bank. International bank wire transfers take up to 14 days and incur additional intermediary and/or beneficiary fees. Credit/debit card withdrawals are processed free of charge and take 3-5 business days to reach your credit card. Paypal/Neteller/Skrill withdrawals are processed instantly and free of charge, but must be made from the same account as the initial funds were sent from.

deposit-withdrawal

Customer Service

IC Markets Global provides a strong customer care dimension with 24/7 availability for customer support. Clients can reach out to the support team via phone or email, and can expect prompt response times to email inquiries. However, there is no live chat option available for immediate assistance, and phone support may have international charges, which could be a disadvantage for some clients.

educational-resources

Frequently Asked Questions (FAQs)

What is the minimum deposit required to open an account with IC Markets?

$200.

What are the available deposit and withdrawal methods on IC Markets?

Neteller, Skrill, bank transfer, VISA, Mastercard, Paypal, credit/debit cards, Poli, wire transfer, rapidpay, and klarna.

What trading platforms are available on IC Markets?

MetaTrader4, MetaTrader5, and cTrader.

What is the maximum leverage offered by IC Markets?

1:500.

Does IC Markets Global charge any fees for deposits and withdrawals?

IC Markets does not charge any fees for deposits and withdrawals. However, additional fees may occur at some banking institutions.

Check whenever you want

Download App for complete information

WikiFX Verification

IC Markets Global · WikiFX Survey
A Visit to IC MARKETS in Cyprus - Office Found
Cyprus
EXPO
EXPO
IC Markets Global · Benchmark
Average transaction speed(ms)
381.1 Good
The highest transaction speed(ms)
6 Perfect
The highest speed of opening positions(ms)
6 Perfect
The highest speed of closing position(ms)
6 Perfect
The lowest speed of opening positions(ms)
1986 Poor
The lowest speed of closing position(ms)
1953
8.87USD/Lot Great
14.17USD/Lot Perfect
Long: -6.25USD/Lot    Short: 2.56USD/Lot Good
Long: -32.84USD/Lot    Short: 20.78USD/Lot
Average slippage
-0.2 Great
Maximum transaction slippage
27 Poor
Maximum positive slippage
-7 Perfect
Maximum negative slippage
27 Poor
Average disconnection frequency (times/day)
0.1 Perfect
Average reconnection time (millisecond/per request)
56.1
Ranking: 21 / 134
Test user 11,149
Orders 92,822
Ocuppied margin $45,569,304 USD
Data Source WikiFX Data provide
Updated: 2024-11-04 01:00:00

Total Margin Trend

  • VPS Region
  • User
  • Products
  • Closing time
  • BeiJing
  • 263***
  • XAUUSD
  • 11-05 05:00:00
  • BeiJing
  • 257***
  • XAUUSD
  • 11-05 04:35:33
  • HoChiMinh
  • 692***
  • XAUUSD
  • 11-05 04:33:28

Stop Out

0.76%

Stop Out Symbol Distribution

6 months

Sources
Language
Mkt. Analysis
Creatives

IC Markets Global · Company profile

Quick IC Markets Global Review in 10 Key Points
Registered inAustralia
Regulated byASIC, CYSEC
Founded in2007
Trading InstrumentsForex pairs, commodities, stocks, cryptocurrencies, indices, bonds, futures
Minimum Initial Deposit$200
Demo AccountAvailable
Islamic AccountAvailable
Maximum Leverage1:500
Minimum Spread0.0 pips onwards
Trading PlatformsMetaTrader4, MetaTrader5, cTrader
Deposit & Withdrawal MethodNeteller, skrill, bank transfer, VISA, Mastercard, paypal, credit card, debit card, unionpay, poli, wire transfer, rapidpay, klarna

What is IC Markets?

IC Markets Global is an Australian online forex and CFD broker that provides traders access to the global financial markets. The company was founded in 2007 and is regulated by the Australian Securities and Investments Commission (ASIC). IC Markets offers a range of trading instruments, including forex, indices, commodities, and cryptocurrencies, and provides traders with advanced trading platforms such as MetaTrader 4, MetaTrader 5, and cTrader. The company also offers 24/7 customer support and a variety of educational resources for traders of all levels.

basic-info

Is IC Market Legit?

IC Markets Global maintains regulatory compliance in both Australia and Cyprus, adhering to the respective financial regulatory standards in these jurisdictions. Regulatory oversight by ASIC and CYSEC contributes a safer trading environment for clients.

Regulated Country Regulated AuthorityRegulated Entity License Type License Number
ASICINTERNATIONAL CAPITAL MARKETS PTY. LTD.Market Making(MM)335692
CYSECIC Markets (EU) LtdMarket Making(MM)362/18

IC Markets' Australian entity, INTERNATIONAL CAPITAL MARKETS PTY. LTD., regulated by ASIC under license number 335692, holding a license for Market Making (MM).

Regulated by ASIC

IC Markets' enropean entity, IC Markets (EU) Ltd, regulated by CYSEC under regulatory number 362/18, holding a license for Maket Making ( MM) as well.

Regulated by CySEC

WikiFX's investigation team personally visited the registered address located at Omonoias, 141, The Maritime Centre, Block B, 1st floor, 3045, Limassol, Cyprus. Notably, the IC Markets Global logo was prominently displayed on billboards in the vicinity of the building. Hence, their visit to the location confirmed that IC Markets was indeed operating from the officially designated regulatory address.

regulation
regulation

Market Instruments

IC Markets Global offers a wide range of over 2250 tradable instruments to trade, including forex pairs, commodities, stocks, cryptocurrencies, indices, bonds, and futures. This provides traders with the opportunity to diversify their investment portfolio and access multiple markets and assets. The company offers competitive spreads and low commissions on all instruments, making it a popular choice among traders.

products

Minimum Deposit

IC Markets Global requires a minimum deposit of $200 for traders to open an account. In the industry, many established brokers frequently impose minimum deposit requirements that surpass $500 or even reach $1,000. In contrast, certain major players such as Avatrade and Aixtrader only mandate minimum deposits of $100 and $0, respectively. So, IC Markets's minimum deposit requirement seems to be in the “middle”.

Here is the comparison of IC Markets Global minimum deposit with Avatrade, Exness, and Axitrader:

BrokerMinimum Deposit
label
$200
label
$100
label
$1 USD
label
$100

Account Type

C Markets offers traders a range of account types with different trading platforms, commissions, and spreads. The CTrader and Raw spread accounts charge a commission of $3 and $3.5 respectively but offer spreads from 0.0 pips, while the Standard account has no commission but wider spreads from 0.6 pips.

A demo account and Islamic account are also available. Although the minimum deposit of $200 may be high for some traders, the variety of account types and competitive spreads on some accounts may make up for it. However, traders should note that commissions are charged on all other accounts apart from the Standard account, and there is limited information on account features.

Demo Account

IC Markets Global offers a free advanced demo account for beginner traders to practice on, which lasts for 30 days.

Users who open a demo account can enjoy the following features:

  • Access to Raw Pricing
  • Spreads Starting at 0.0 Pips
  • Fast Order Execution
  • Available on MT4, MT5 and cTrader platforms

However, demo accounts aim to mimic real markets but function in a simulated environment. This means there are significant differences compared to real accounts, including not relying on real-time market liquidity, encountering price delays, and having access to certain products that may not be tradable on live accounts.

Opening a demo account is simple:

Step 1: click the “Try a Free DEMO” button on the homepage of IC Markets.

open-account

Step 2: Fill in your personal info, including your country of residence, name, email, phone number to get a verification code.

open-acoount

Step 3: Choose to demo accounts on your preferrable trading platform, MT4, MT5, or cTrader. Then choose your account currency, virtual funds, starting from $200 to $5,000,000, your desired leverage level.

Step 4: Log into your demo account and start trading.

Leverage

IC Markets' maximum leverage offering of up to 1:500 can be beneficial for experienced traders who know how to manage their risks well. The high leverage can potentially magnify the profits of a successful trade, enabling traders to take advantage of larger positions in the market.

Spreads & Commissions

IC Markets Global is known for its tight spreads and low commissions, making it a popular choice among traders. The broker offers a variety of account types to choose from, including the Raw Spread account with spreads starting from 0.0 pips and a $3.5 commission per lot traded, and the Standard account with spreads starting from 0.6 pips and no commission. The cTrader account also offers low spreads starting from 0.0 pips, with a $3 commission per lot traded.

spread-commission

Trading Platforms

IC Markets Global offers its clients a variety of trading platforms, including the popular MetaTrader4 and MetaTrader5 platforms as well as the cTrader platform.

The MetaTrader4 and MetaTrader5 platforms are similar and offer a range of trading tools and indicators, as well as the ability to use Expert Advisors (EAs) and automate trading strategies.

The cTrader platform, on the other hand, offers advanced charting capabilities and a variety of order types. However, it has a steeper learning curve and limited customization options compared to the MetaTrader4 and MetaTrader5 platforms.

Trading PlatformSupported Available Devices Suitable for
cTraderDesktop, MobileExperienced investors
MT4Desktop, MobileAll investors
MT5Desktop, MobileAll investors

trading-platform

Deposit & Withdrawal

IC Markets Global offers a variety of deposit and withdrawal options, including Neteller, Skrill, bank transfer, VISA, Mastercard, Paypal, credit/debit cards, Poli, wire transfer, rapidpay, and klarna. IC Markets Global does not charge any fees for deposits and withdrawals, however, additional fees may occur at some banking institutions.

Withdrawal requests have a cut off time at 12:00 AEST/AEDT, and take up to 10 business days to process depending on the bank. International bank wire transfers take up to 14 days and incur additional intermediary and/or beneficiary fees. Credit/debit card withdrawals are processed free of charge and take 3-5 business days to reach your credit card. Paypal/Neteller/Skrill withdrawals are processed instantly and free of charge, but must be made from the same account as the initial funds were sent from.

deposit-withdrawal

Customer Service

IC Markets Global provides a strong customer care dimension with 24/7 availability for customer support. Clients can reach out to the support team via phone or email, and can expect prompt response times to email inquiries. However, there is no live chat option available for immediate assistance, and phone support may have international charges, which could be a disadvantage for some clients.

educational-resources

Frequently Asked Questions (FAQs)

What is the minimum deposit required to open an account with IC Markets?

$200.

What are the available deposit and withdrawal methods on IC Markets?

Neteller, Skrill, bank transfer, VISA, Mastercard, Paypal, credit/debit cards, Poli, wire transfer, rapidpay, and klarna.

What trading platforms are available on IC Markets?

MetaTrader4, MetaTrader5, and cTrader.

What is the maximum leverage offered by IC Markets?

1:500.

Does IC Markets Global charge any fees for deposits and withdrawals?

IC Markets does not charge any fees for deposits and withdrawals. However, additional fees may occur at some banking institutions.

News

Check whether it's IC GBLOBAL or IC Markets Global?

NewsCheck whether it's IC GBLOBAL or IC Markets Global?

2024-10-10 17:27

It’s a warning for all the traders and investors. Don’t get confused with fake-unauthorized IC GBLOBAL MARKET FX LIMITED and legitimate IC Markets Global. Recently, the UK’s regulator, the Financial Conduct Authority (FCA), issued a warning against IC GBLOBAL and shared unauthorised firm details. Read the details below and be aware.

WikiFX
2024-10-10 17:27
News
Check whether it's IC GBLOBAL or IC Markets Global?
WikiFX Broker Assessment Series | Is IC Markets Global Reliable?

NewsWikiFX Broker Assessment Series | Is IC Markets Global Reliable?

2024-08-15 09:30

IC Markets Global is an Australian online forex broker that provides traders access to the global financial markets. WikiFX has made a comprehensive review of this broker by analyzing its regulations, specific information, etc. so that you have a deep understanding of this broker. In the back of the article we arranged a few small questions, each answer to the chance to win a bonus.

WikiFX
2024-08-15 09:30
News
WikiFX Broker Assessment Series | Is IC Markets Global Reliable?
IC Markets Now Licensed in Kenya

NewsIC Markets Now Licensed in Kenya

2024-05-09 22:02

IC Markets has recently joined the ranks of forex and contracts for difference (CFDs) brokers to secure a regulatory license in Kenya. The Capital Markets Authority (CMA) in Kenya has granted this license to IC Markets Kenya Limited, a locally registered entity.

WikiFX
2024-05-09 22:02
News
IC Markets Now Licensed in Kenya
IC Markets Secures Regulatory License in Kenya

NewsIC Markets Secures Regulatory License in Kenya

2024-05-09 16:47

IC Markets has obtained a license from Kenya's CMA to operate as a non-dealing online FX broker.

WikiFX
2024-05-09 16:47
News
IC Markets Secures Regulatory License in Kenya
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