IC Markets
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IC Markets
Minimum deposit ($)
200.0
Commission
7.0
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals
5
Minimum lot size
0.01
Maximum lot size
200.0
Spread
Variable
Broker type
ECN
Maximal leverage (1:?)
500
Phone
+61280144280
Fax
+61280722120
Availability
Phone, Chat, Email, FAX
Email
Address
Level 2 Number 2 Bligh Street Sydney
Regulation
ASIC (Australia)
Trading Platforms
MetaTrader 4, MetaTrader 5, cTrader, AutoTrade
Funding/Withdrawal methods
Wire Transfer, Credit Card, Debit Card, Moneybookers, WebMoney, Neteller
Account Currency
USD, GBP, EUR, CHF, JPY, NZD, CAD, SGD, HKD, AUD
Languages
English, Spanish, French, Japanese, Chinese
Country
Australia
International offices
Australia
Trading platform(s) timezone
(GMT +2:00) South Africa, Jerusalem
Other trading instruments
Indices, Commodities, Energies, CFDs
Apr 21, 2014 at 12:44
roller posted:Surrealistik posted:it is not dispute ! Any broker have execute orders by ASK-BID / Open-Close price . But not with +1 hidden pips. And this fact killing EAs strategy calculations
Roller's video isn't in dispute, it's just that the minimum spread that applies for Standard type accounts is not shown; there will always be spread of at least 1 pip above what is advertised for Standard accounts.
TOTAL HIDDEN SCAM
Roller, for your information the +1 pips spreads you are talking about( Or Bid- Ask difference, however you may term it) is Not Hidden like you are saying, as i said explained earlier it is clearly mentioned in ICM's official site https://www.icmarkets.com/forex-trading/trading-conditions/spreads/. What exactly is your issue? You should be appreciating the fact that you got a spread of 0.9 pips which is actually better than the 1 pip advertised spread.
Regards
Narayan
Member Since Jan 06, 2014
24 posts
Apr 19, 2014 at 17:34
Your order was executed at less than a pip (0.9) and fast as shown in your video, this is good for a standard account, so I don't understand the issue.
Sorry, I just hate it when people that don't know what they are doing lose money and blame anything or anyone else, Especially the best broker I've ever used!
Sorry, I just hate it when people that don't know what they are doing lose money and blame anything or anyone else, Especially the best broker I've ever used!
forex_trader_173939
Member Since Jan 27, 2014
48 posts
Apr 19, 2014 at 08:47
Surrealistik posted:it is not dispute ! Any broker have execute orders by ASK-BID / Open-Close price . But not with +1 hidden pips. And this fact killing EAs strategy calculations
Roller's video isn't in dispute, it's just that the minimum spread that applies for Standard type accounts is not shown; there will always be spread of at least 1 pip above what is advertised for Standard accounts.
Member Since Apr 28, 2012
231 posts
Apr 18, 2014 at 20:25
Roller's video isn't in dispute, it's just that the minimum spread that applies for Standard type accounts is not shown; there will always be spread of at least 1 pip above what is advertised for Standard accounts.
Member Since Apr 25, 2012
285 posts
forex_trader_173939
Member Since Jan 27, 2014
48 posts
Apr 18, 2014 at 12:49
DiWi posted:
good broler: support ok (24 hours per mailing); spread ok; slippage after more than 1000 trades is ok: vs. 0; ICM-Clientterminal is good.
i dont like support - i am Russian language and they accept Russians !!! BUT THEY DONT HAVE RUSSIAN SUPPORT!!!
forex_trader_173939
Member Since Jan 27, 2014
48 posts
Apr 18, 2014 at 12:49
rbnjoshi posted:roller posted:
no coments
Hi Roller,
As your account is a standard account, I'm sure you are aware of the fact that the minimum spread itself is 1 and average spread is 1.3 for usdjpy, check their spread page here https://www.icmarkets.com/forex-trading/trading-conditions/spreads/.
So when you entered second your second buy, the bid line was at 101.986, the ask line should have been anywhere from 101.996 to 101.999. However, your Buy order was placed at 101.995 which is a spread of 0.9 pips, which is better than what they are actually advertising.
Regards
Narayan
i just want them to show real spread and must be like this at any TYPE of Account (with or without comissions) of any Broker:
my ASK = price of Close SELL at curent moment and current price
my BID = price of Open SELL at curent moment and current price
my BID = price of Close BUY at curent moment and current price
my ASK = price of Open BUY at curent moment and current price
Because their Standart looks like scamm
Also my robots can not calculate zero level of orders.
Apr 16, 2014 at 19:09
roller posted:
no coments
Hi Roller,
As your account is a standard account, I'm sure you are aware of the fact that the minimum spread itself is 1 and average spread is 1.3 for usdjpy, check their spread page here https://www.icmarkets.com/forex-trading/trading-conditions/spreads/.
So when you entered second your second buy, the bid line was at 101.986, the ask line should have been anywhere from 101.996 to 101.999. However, your Buy order was placed at 101.995 which is a spread of 0.9 pips, which is better than what they are actually advertising.
Regards
Narayan
forex_trader_173939
Member Since Jan 27, 2014
48 posts
Apr 16, 2014 at 14:46
no coments
Mar 31, 2014 at 19:50
Hi Mohamed,
As the support staff pointed out, the profit or loss value will be reflected immediately in your account in real-time when you close a trade, IC Markets can not manipulate these values.
There may be a number of factors involved that may influence the final profit/loss value in your trade like Swap rates & commissions depending on the lot value you entered. And if you happened to try and close your trade during high volatile times like news, there is a possibility of price moving 40+ pips in a matter of seconds thereby closing in a loss eventually.
If possible, please post a screenshot of your account history for this particular trade from your MT4 so that we could see exactly what happened and help you out.
Regards
Narayan.
As the support staff pointed out, the profit or loss value will be reflected immediately in your account in real-time when you close a trade, IC Markets can not manipulate these values.
There may be a number of factors involved that may influence the final profit/loss value in your trade like Swap rates & commissions depending on the lot value you entered. And if you happened to try and close your trade during high volatile times like news, there is a possibility of price moving 40+ pips in a matter of seconds thereby closing in a loss eventually.
If possible, please post a screenshot of your account history for this particular trade from your MT4 so that we could see exactly what happened and help you out.
Regards
Narayan.
Mar 31, 2014 at 14:19
#7158 order2528863
Dear
I sell gold @ 1339,41 the price was dwn to 1335,45 but my profit still at -10 have made a profit, and I want to close, but that lingers in -10 proft price has dropped from 1335 to 1339.41 that's not fair
Hello mohamed zerouali. How may I help you?
12:28 am mohamed zeroualiI want to know if when you gone make my profit to my account12:29 am IC Markets Supportyour profit of trading activities will arrive to your account in real time12:30 am mohamed zeroualii have t about my order gold sell12:31 am IC Markets Supportwhat is your enquiry please12:32 am mohamed zeroualii sell gold @ 1339,41 the price was dwn to 1335,45 but my profit still at -1012:33 am IC Markets Supportwhat is your DID pleseticket numberfor that trade*position12:34 am mohamed zerouali 252886312:34 am IC Markets SupportOne moment please12:36 am mohamed zeroualiYour colleague tells me close the order, then he goes my profit to my account12:36 am IC Markets Supportis that for your acct 317065 ?12:36 am mohamed zeroualiyes12:38 am because the price is down to 1335,42 and my profit still -10 that's not fair12:39 am IC Markets SupportI am looking into for you now12:39 am mohamed zeroualithank you12:42 am IC Markets Supportwhen did you chat with my colleague pleasewas that on chat as well?12:42 am mohamed zerouali yes12:43 am I did not get the name of advisor12:43 am IC Markets Supportthat is finewhat time you had the conversaiton please12:44 am ok I can see that12:44 am mohamed zerouali2 hours a go12:45 am IC Markets SupportI beleive : THe amount has been credited to your account i.e. the loss on the position12:45 am mohamed zerouali23 u gmt+1but my profit12:46 am from 1339 to 1335that's not fair\it was not my fault12:47 am I trade to make a profit no loss12:48 am IC Markets Supportcould you please send an email to [email protected]:49 am We wlll look into it for you and get back to you via email12:51 am mohamed zeroualiI have registered with many brokers but I have chosen to trade icmarket12:52 am IC Markets Supportgood to know12:52 am mohamed zeroualiI just want my winnings and I want it to verrouwne icmarkets not lose12:52 am IC Markets SupportWe will communicate with you further regarding this transactionthanks for your enquiry12:52 am mohamed zeroualiI just want my winnings and I do not lose the trust of icmarkets
Dear
I sell gold @ 1339,41 the price was dwn to 1335,45 but my profit still at -10 have made a profit, and I want to close, but that lingers in -10 proft price has dropped from 1335 to 1339.41 that's not fair
Hello mohamed zerouali. How may I help you?
12:28 am mohamed zeroualiI want to know if when you gone make my profit to my account12:29 am IC Markets Supportyour profit of trading activities will arrive to your account in real time12:30 am mohamed zeroualii have t about my order gold sell12:31 am IC Markets Supportwhat is your enquiry please12:32 am mohamed zeroualii sell gold @ 1339,41 the price was dwn to 1335,45 but my profit still at -1012:33 am IC Markets Supportwhat is your DID pleseticket numberfor that trade*position12:34 am mohamed zerouali 252886312:34 am IC Markets SupportOne moment please12:36 am mohamed zeroualiYour colleague tells me close the order, then he goes my profit to my account12:36 am IC Markets Supportis that for your acct 317065 ?12:36 am mohamed zeroualiyes12:38 am because the price is down to 1335,42 and my profit still -10 that's not fair12:39 am IC Markets SupportI am looking into for you now12:39 am mohamed zeroualithank you12:42 am IC Markets Supportwhen did you chat with my colleague pleasewas that on chat as well?12:42 am mohamed zerouali yes12:43 am I did not get the name of advisor12:43 am IC Markets Supportthat is finewhat time you had the conversaiton please12:44 am ok I can see that12:44 am mohamed zerouali2 hours a go12:45 am IC Markets SupportI beleive : THe amount has been credited to your account i.e. the loss on the position12:45 am mohamed zerouali23 u gmt+1but my profit12:46 am from 1339 to 1335that's not fair\it was not my fault12:47 am I trade to make a profit no loss12:48 am IC Markets Supportcould you please send an email to [email protected]:49 am We wlll look into it for you and get back to you via email12:51 am mohamed zeroualiI have registered with many brokers but I have chosen to trade icmarket12:52 am IC Markets Supportgood to know12:52 am mohamed zeroualiI just want my winnings and I want it to verrouwne icmarkets not lose12:52 am IC Markets SupportWe will communicate with you further regarding this transactionthanks for your enquiry12:52 am mohamed zeroualiI just want my winnings and I do not lose the trust of icmarkets
Mar 31, 2014 at 06:51
salim4fr posted:
Verg bad experience with this broker they stole my money
Salim, Based on the comments in your Profile, I'm guessing you are talking about the Gold sell trade where you have pointed out that your trade was still at -10 loss even though price had come down 40 pips after you entered, I'm not sure how that is even possible! Could you please explain in detail what exactly happened?
Did you try contacting their support? they are usually very helpful. If it is a genuine mistake, I'm sure they will definitely help you out.
Regards
Narayan
Member Since Apr 28, 2012
231 posts
Mar 31, 2014 at 02:04
salim4fr posted:
Verg bad experience with this broker they stole my money
What happened exactly?
Member Since Apr 28, 2012
231 posts
Mar 25, 2014 at 15:02
(edited Mar 25, 2014 at 15:02)
amaroq65 posted:
Bad, bad experiences...
low Spread that's true, but if you want to withdrawal, then there are 55 USD (!) fee, very bad and very expensive in my opinion
This is probably because intermediary banks were involved in the processing/transmission of the withdrawal, which also charged fees against it (if you deposited via wire, intermediaries can also hit you there as well when your money hasn't even touched IC Markets' hands!). As much as intermediaries suck when it comes to wires, their involvement is something IC Markets has absolutely zero control over, and is an issue that can come up regardless of the broker you use.