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
There seems to be some miscommunication. IC Markets charges a transfer fee of approximately 20AUD for International Wire Transfers and No additional fees for Domestic transfers and credit card withdrawals. You should contact their support If you were charged 55 USD for withdrawals.
I've been trading with IC Markets for more than a year now! I chose IC markets mainly for their excellent spreads, they have been consistently offering lowest spreads in almost all pairs when compared to other brokers.
I would definitely recommend IC Markets to a fellow trader, not only because of their low spreads, but also because they are leagues ahead in terms of personal customer service and support, which is a real rarity these days especially in the Forex industry.
Like most of you all, I also joined under a IB, reducing my commission to just 5.5$ per round lot.
Best broker I've used and am using, they do still have a bit of slippage but both positive and negative, not really sure how it compares as it's the first ecn I've used. Best spreads for Australia and up there with the best in the world for retail, often I have zero spread on EURUSD but I don't like trading this pair. I'm Australian so looked locally first, makes me feel a bit more secure with our regulations. They don't have the best support services but in saying that, I like that I don't get unwanted emails and phone calls, I'm left alone to trade how ever I want, no restrictions on how I trade. I have attended a few of the webinars that they have for clients and found those to be very informative without the big sales pitch at the end, an example would be the differences in liquidity around news times that affect spreads, cause slippage and the speed of the market move, stuff you wont find in a place like forex factory. NOTE - I signed up with an IB , am paying $5.50 a round turn instead of the quoted $7.00
After having been with IC Markets for about a year now, I can definitely say with confidence they're the best retail space broker I've yet tried; I highly recommend them. The relative quality of their trade environment is precisely why I became an IB for this broker!
Offering the best commission discounts for the best broker: $1.50 / RTL Global Prime:
I opened account in IC Markets April 2012. 1. Low spreads 2. Very high commission. FXOpen NZ has better spread and lower commission 3.There are few deposit/withdrawal options. 4.There is Moneybookers to deposit funds, and there is not Moneybookers to withdrawal funds. It's really stupid.
I have experienced excellent support, narrow spreads, and since moving to a live account, I have only experienced slippage on my very first live trade, but I believe it was due to a connection problem at my end.
In ECN account, commissions plus swaps can be quite high for a small account like mine, but the very narrow spreads at least offset much of this.
Very happy so far, after 1 week live, and 2+ months demo trading.
- Big difference between Demo and Live, no slippage on demo, a lot of slippage on Live. 20% of my account lost due to slippage. - Mediocre Customer Service - 10 days to withdraw funds and 55 USD fee!, (They denied me Moneybrokers withdrawal, in spite of they offer it on their withdrawal form) - The only good thing: low spreads, but, is it important if you get a lot of slippage on the entries?
คำเตือนความเสี่ยงสูง: การแลกเปลี่ยนเงินตราต่างประเทศมีความเสี่ยงสูง ซึ่งอาจไม่เหมาะสำหรับนักลงทุนทุกราย
เลเวอเรจสร้างการเผชิญกับความเสี่ยงและการขาดทุนเพิ่มเติม ก่อนที่คุณจะตัดสินใจเทรดการแลกเปลี่ยนเงินตราต่างประเทศ ให้พิจารณาวัตถุประสงค์การลงทุน ระดับประสบการณ์ และการยอมรับความเสี่ยงอย่างรอบคอบ
คุณอาจสูญเสียเงินลงทุนเริ่มต้นบางส่วนหรือทั้งหมด อย่าลงทุนเงินที่คุณไม่สามารถสูญเสียได้ Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
มีการให้ข้อมูลและข้อมูลใด ๆ 'ตามสภาพ' เพื่อวัตถุประสงค์ในการให้ข้อมูลเท่านั้น และไม่ได้มีวัตถุประสงค์เพื่อการเทรดหรือคำแนะนำ