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
Member Since Jun 01, 2022
8 posts
Jul 12, 2022 at 07:28
Data update is too slow.
Jul 06, 2022 at 13:57
The only negative things I have to say about them is the following:
max lot size is a problem for me, since they are limited on Indices to 250x contracts (1x contract each 1.00 Lot) which means I have to open 20 trades in order to trade a 3% risk, which is pretty annoying.
This problem can be solved with their multiterminal system on MT4 on the first view; BUT they have a limit of max 100 open positions total, combined on all accounts at the same time.
So if you for example have 10x accounts (1x Main and 9x Subaccounts), each account can only open 10 trades.
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So if you are trading an account that has max 2.500.000 USD/EUR or GBP balance, IC Markets is definitely the go to place, but won´t allow for much more growth, since at 2.500.000 USD/EUR or GBP balance you still have to open 5x trades on Indices in order to trade at a 3% risk level.
max lot size is a problem for me, since they are limited on Indices to 250x contracts (1x contract each 1.00 Lot) which means I have to open 20 trades in order to trade a 3% risk, which is pretty annoying.
This problem can be solved with their multiterminal system on MT4 on the first view; BUT they have a limit of max 100 open positions total, combined on all accounts at the same time.
So if you for example have 10x accounts (1x Main and 9x Subaccounts), each account can only open 10 trades.
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
So if you are trading an account that has max 2.500.000 USD/EUR or GBP balance, IC Markets is definitely the go to place, but won´t allow for much more growth, since at 2.500.000 USD/EUR or GBP balance you still have to open 5x trades on Indices in order to trade at a 3% risk level.
Member Since Jul 01, 2022
1 posts
Jul 01, 2022 at 17:42
I have used them for many years. As far as brokers go, they are ok I guess. nothing great or nothing bad to say
Member Since Dec 10, 2010
2 posts
Jun 25, 2022 at 09:37
No complaints so far, see how withdrawals go....
Member Since Jul 26, 2018
2 posts
Jun 21, 2022 at 11:57
good services
Member Since Sep 14, 2019
1 posts
Jun 15, 2022 at 18:30
Not bad..
Member Since May 12, 2020
2 posts
Jun 10, 2022 at 11:50
Robust platform and competitive offer
Member Since Jun 20, 2021
17 posts
May 23, 2022 at 18:10
IC Markets reviews section.
Member Since Oct 21, 2013
8 posts
May 06, 2022 at 20:50
Great broker with great support and offering what you need for trading.
Member Since Apr 23, 2022
1 posts
Apr 24, 2022 at 14:01
very good and reliable
