Overview of IC Markets – A Leading Global Forex Broker
IC Markets is one of the leading online brokers in the Forex market, and is recognized as a trusted source for trading with more than 200 tradable instruments including currencies, commodities, indices, and CFDs. Since its launch in 2007, IC Markets has been providing traders around the world with access to global markets at competitive rates and low spreads.
At IC Markets, traders can take advantage of the MetaTrader 4 (MT4) and cTrader platforms. MT4 is a powerful trading platform with advanced charting tools and dozens of indicators and automated trading strategies. The cTrader platform provides an intuitive user experience for experienced traders who want to customize their own trading environment.
The IC Markets customer service team is highly knowledgeable and available 24/5 to answer any questions or inquiries that traders may have. Traders can also benefit from the company’s dedicated educational center, which contains valuable resources such as trading webinars, video tutorials, an ebook library, and more.
Features of IC Markets Platform
- Advanced charting capabilities: IC Markets offer traders a suite of advanced charting tools and customization options.
- Fast Execution: IC Markets’ servers are located close to the liquidity providers, which allows for fast execution speeds on all trades.
- Robust Security: IC Markets is committed to protecting its clients with advanced encryption technology and compliance with international standards.
- Competitive Spreads: IC Markets offers some of the most competitive spreads in the industry, allowing traders to maximize their returns.
- Wide Range of Instruments: IC Markets provides access to more than 200 instruments, including currencies, commodities, indices, and CFDs.
- Customer Service: IC Markets’ 24/5 customer service team is always available to answer any questions or inquiries that traders may have.
User-Friendly Platform and Innovative Investment Tools
IC Markets’ user-friendly platform makes it easy for traders to access global markets and take advantage of the many innovative investment tools available. The company’s highly knowledgeable customer service team is always on hand to provide support and guidance, making IC Markets a great choice for experienced and novice traders alike.
For those looking to get even more out of their trading experience, IC Markets has a range of advanced tools and features that can be used to increase their success rate. These include algorithms, Expert Advisors (EAs), automated signals, backtesting services, and more.
Comprehensive Customer Support & Security Measures
At IC Markets, customer service is a top priority. The company provides 24/5 support via live chat, email and telephone so that traders can get the help they need whenever it’s needed.
The security of client funds is also taken seriously at IC Markets. All transactions are protected by advanced encryption technology and compliance with international standards, ensuring traders’ peace of mind when making trades.
How to Open an Account, Deposit, and Start Trading with IC Markets?
Opening an account with IC Markets is quick and easy. All you need to do is fill out the registration form on their website and then verify your identity. Once that’s done, you can make a deposit via credit/debit card or one of the other methods available, such as bank wire transfer.
Once your payment has cleared, you can start trading right away. You can choose between the MT4 and cTrader platforms, both of which are available for desktop, web and mobile versions.
Steps to Start Trading with IC Markets
- Registration: Visit the IC Markets website and fill out the registration form to create a new account. Ensure that you provide accurate information as per your legal documents for identity verification.
- Identity Verification: After successfully registering, you will need to verify your identity. This process often involves submitting scanned copies of legal documents such as a passport or driver’s license, and a utility bill or bank statement as proof of address.
- Deposit Funds: Once your identity has been verified, you can deposit funds into your trading account. IC Markets provides several methods for depositing funds, including credit/debit card transactions and bank wire transfers. Choose the most convenient method for you.
- Choose a Trading Platform: IC Markets offers two main trading platforms: MetaTrader 4 (MT4) and cTrader. Choose the platform that best fits your trading needs and style.
- Begin Trading: After your account has been funded and you’ve selected your trading platform, you can start trading. IC Markets offers a wide range of tradable instruments, so you have plenty of options to choose from.
The Review
Summary
IC Markets is an excellent choice for Forex traders. The company offers competitive spreads, robust security measures, and a wide range of instruments to choose from. In addition to offering a reliable and user-friendly platform, IC Markets also provides its customers with access to comprehensive customer service, educational resources, and innovative trading tools.
PROS
- Allows traders to maximize returns
- More than 200 different instruments to trade
- 24/5 support for traders' inquiries
- Advanced encryption technology protects clients' funds
CONS
- Only MT4 and cTrader platforms are available
- Some may find the identity verification process time-consuming
- IC Markets does not accept traders from the United States