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IC Markets Review

Overview

IC Market is a market-leading online retail trading platform that provides trading instruments. IC Markets was discovered in 2007 in Sydney, a city in Australia. The headquarters of IC Markets are pinpointed in Sydney, a city in Australia. IC Markets provides different trading platforms such as Meta Trader 4 (MT4), Meta Trader 5 (MT5), and cTrader.

IC Markets is a better broker for investors who want to execute automated trading strategies on  eta Trader and cTrader platforms. The IC Markets MetaTrader 4 and 5 servers are currently pinpointed in the NY4 data center, which is present in New York. It is collocated with IC Markets’ price providers and an aggregation of 50 banks and dark pool liquidity sites.

All-inclusive, accepting South African clients, IC Markets is a good choice for traders of every experience level. The minimum deposit at IC Market is USD 200. The most dominant thing about IC Markets is that they are available 24 hours a day.

Traditionally, IC Markets LTD is inscribed in The Bahamas with company number 76823 C, trading as IC Markets International and regulated by the Securities Commission of The Bahamas with license number: SIA-F214. Also, IC Markets involves several branches, and it is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Seychelles Financial Supervisory Authority (FSA), and the Australian Securities and Investment Commission (ASIC).

IC Markets is an ECN broker, meaning there is no dealing desk and other different trade interventions between the trader and the market. The ECN trading environment supplied by IC Markets allows traders to use light spreads.

So, here this article carries the dominant knowledge about IC Markets, making it easy for you to decide whether to trade or invest here.This review explains it:

Is IC Markets Scam or Legit? Read Before Opening Your Account:

IC Markets is not a scam and is appraised as safe because it is regulated by the top-tier Australian Securities and Investment Commission (ASIC).

IC Markets is appraised as low-risk, with an overall trust score of 86 out of 99. IC Markets is not openly traded and does not control a bank. It is also authorized by one tier-1 regulator, high trust, one tier-2 regulator, average faith, and one tier-3 regulator, low confidence. IC Markets is commonly approved by the tier-1 regulators, Australian Securities and Investment Commission (ASIC).

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Advantages and disadvantages of IC Markets

  • IC Markets involves low forex fees.
  • IC Markets affects an easy and fast account opening way.
  • IC Markets offers free deposit and withdrawal.
  • IC Markets possess a limited product selection.
  • IC Markets keep slow live chat support.
  • There is no investor protection for non-EU clients available at IC Markets.

IC Markets Trading Platform:

IC Markets is an online platform that provides trading tools, including currencies, stocks, commodities, futures, bonds, and digital assets. IC Markets provides its clients with cutting-edge trading platforms, low-latency connectivity, and superior liquidity.

IC Markets also supplies general copy trading platforms and a growing selection of research and academic mediums and gives competitive pricing. The Meta Trader 4 (MT4) and Meta Trader 5 (MT5) platforms at IC Markets have no restrictions on trading. They involve some of the best global trading circumstances for scalping and high-frequency trading.

 

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