IC Markets Global is the trading name of Raw Trading Ltd, which is regulated by the Seychelles Financial Services Authority (FSA) with Securities Dealer’s license number SD018.
All content on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. DayTrading.com may receive compensation from the brands or services mentioned on this website. I’ve been impressed with the fast and reliable execution, plus the ECN pricing with really low spreads. IC Markets recently elevated its offering by adding support for trading directly within TradingView, the market-leading charting platform.
He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. Catering to high-frequency traders kvb forex helps IC Markets achieve significantly higher trading volumes relative to its peers, as automated trading strategies can typically do higher turnover than manual traders. These factors helped IC Markets win first place in both the MetaTrader and Algo Trading categories in 2025. If you have multiple accounts and/or if you access the market data multiple times, you will only be charged once. If you have access to ASX share CFDs market data you do not need to make any changes to your account, this charge will be automatically applied each month.
IC Markets’ Research: My Key Takeaways
Charts occupy the middle portion of the window; a screen with a watch list of selected instruments and tools is positioned on the left side of the window. A panel with various settings and configurations can be found at the top of the window. The table demonstrates how much you would have to pay to trade 1 full lot (100,000 units) in EUR/USD with a pip value of $10 for each account. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates.
IC Markets Global mission is to create the best trading experience for retail and institutional clients alike, allowing traders to focus more on their trading. To evaluate brokers, we test the accounts, trading tools and services provided. Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. IC Markets has made significant strides in bolstering its educational resources, catering to traders at various experience levels. The Learning Center provides a solid foundation with a collection of video tutorials, webinars, and textual guides, offering insights into core trading concepts.
- However, licenses obtained from regulators in different jurisdictions do not always entail the same degree of protection.
- It offers extensive customizations for market depth analysis, a wide range of technical indicators, advanced charting tools, Expert Advisors, and extensive back-testing options.
- It facilitates technical analysis by providing an overview of price action behavior.
- Traders interested in algorithmic trading can leverage the algorithmic trading features available on the MetaTrader platforms.
IC Markets’ MT5 Mobile App
MT5’s mobile app suffers from the same underlying problem inherent to other mobile apps. Analyzing price action behavior on low-resolution devices is extremely difficult. That is why I recommend using the mobile app only to monitor the development of your open positions and make changes if needed. You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades. The market is continually evolving, marked by periodic surges and declines in volatility. For this reason, staying on top of the latest market developments is crucial, a task made simpler through the mobile app version of MT5.
But just knowing there is a human contact to chat to while the markets are open helps to enforce confidence in the broker. The news feed, ‘Market Buzz’, is another useful feature that provides analytics and sentiment indicators from Trading Central. Entering an individual symbol or name into the search box lets you isolate news for that specific asset, which is really useful if you are tracking an index or currency pair, for example. From my experience, debit card and e-wallet withdrawals are typically processed within the same business day, are free of charge, and take up to 3-5 business days. Bank transfers are a little slower and can incur a $20 charge, which is why I avoid them wherever possible.
The provision of real-time push notifications ensures that traders remain promptly informed of crucial market movements and account status changes, allowing them to seize opportunities without delay. Furthermore, IC Markets offers sophisticated trend exploration tools, empowering traders to identify and capitalize on prevailing market trends. The broker offers restriction-free trading facilities like non-FIFO trading, high leverage, low spread, and CFD trading.
Traders interested in algorithmic trading can leverage the algorithmic trading features available on the MetaTrader platforms. IC Markets also supports copy trading, allowing traders to follow and replicate the strategies of experienced investors. The cTrader Copy trading is unavailable in specific regions including Australia and EU.
Broken down by asset class and compared to the industry average, IC Markets offers low spreads on currency pairs, share CFDs, indices, and cryptocurrencies, and low-to-average spreads on commodities. IC Markets provides highly versatile and feature-rich cTrader and TradingView platforms that afford scalpers a comprehensive overview of price action behavior. IC Markets offers a total of 3,583 tradeable instruments across its Australian, Cyprus, and Seychelles-based entities. The table below summarizes the different investment products available to IC Markets clients.
- Additionally, there is no minimum deposit requirement for opening an account, making it accessible to traders with varying levels of capital.
- At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers.
- IC Markets provides social copy trading platforms and a growing selection of research and educational materials, and offers competitive pricing.
- Compared to the broader industry, IC Markets offers an average amount of currency pairs and a high amount of commodities, share CFDs, indices, and cryptocurrencies.
- ECN brokers’ advantage is that they match buyers and sellers electronically, which typically results in lower spreads.
Inactivity Fee
So, they might skip the US to focus on other places where they can do business more smoothly. No, unfortunately IC Markets does not accept clients from the United States. IC Markets Global has in place an independent, external auditor to supplement our operational processes and ensure regulatory compliance. Our management team have significant experience in the Forex, CFD and Equity markets in Asia, Europe and North America. It is this experience that has enabled us to select the best possible technology solutions and hand pick some of the best pricing providers available in the market.
Experience Raw Spread Trading with a Regulated Forex & CFD Broker
The platforms provided by IC Markets come equipped with advanced charting tools, empowering traders with robust technical analysis capabilities. These platforms are designed for ease of use, ensuring bdswiss forex broker review both novice and experienced traders can navigate them effortlessly. IC Markets also offers a range of trading account types, including standard accounts, raw spread accounts, and Islamic accounts. Traders can choose the account type that best suits their trading style and preferences. In summary, while IC Markets is a regulated broker and offers a range of trading options and services, it is not available for US residents due to the lack of necessary licenses to operate in the US. It is important for US traders to select a broker that is properly regulated and licensed in the US to ensure the security of their funds and compliance with local regulations.
US STOCK TRADING
These tools are fxcm review complemented by instrument-specific insights, providing comprehensive information about various financial assets to facilitate well-informed trading decisions. Additionally, the platform facilitates comparative analysis of users’ trading behaviors, enabling traders to gain insights from peers and refine their strategies. This broker also provides a wealth of educational resources, including articles and video tutorials, catering to those seeking to bolster their trading skills.
The broker is unable to accept US clients due to regulatory restrictions imposed by the US Commodity Futures Trading Commission (CFTC). IC Markets is not registered or regulated under any US jurisdiction, such as the NFA or SEC, which prohibits it from accepting clients residing in the United States. Furthermore, IC Markets allows clients to trade cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Ripple.
Spreads
IC Markets does not provide a proprietary trading platform, focusing instead on offering comprehensive MetaTrader experiences alongside other platform options. To cater to traders on the move, IC Markets provides fully functional mobile trading apps for both Android and iOS devices. These apps allow traders to manage their positions and access the markets anytime, anywhere.
If you have traded with IC Markets we would really like to know about your experience – please submit your own review. This average customer rating is based on 2 IC Markets customer reviews submitted by our visitors. Compare the markets and instruments offered by IC Markets and its competitors. Please note, some markets may only be available via CFDs or other derivatives.
