Advertisement

Broker Categories

IC Markets IC Markets Review

IC Markets Review and Rating | IC Markets Metatrader forex broker

Country: Australia

Regulation: ASIC Australian Financial Services Licence Number 335692. 

Trader's rate 5
Editor's rate 3.0
12 reviews

 

IC Markets Trading Conditions:

minimum deal size: 1,000 (0.01 lot)
minimum deposit: $200
maximum leverage: 1:500

 

 

Spreads and Commissions:

Spread from 0.0 pips (ECN account)

Commissions: $5 per standard lot ($100k)

 

 

Trading platforms :

Metatrader, webIRESS and Prodeal.

 

Deposit/Withdraw methods:

Wire Transfer, Credit Card, Paypal, MoneyBookers, Bpay

 

 

Spread

Pros

Cons

 

 

Slippage

Pros

Cons

 

 

Requotes

Pros

Cons

 

 

Price feed

Pros

Cons

 

 

Platform

Pros

Cons

 

 

Deposit/Withdraw

Pros

Cons

 

 

Customer service

Pros

Cons

 

 

Summary

Pros

Cons

 

 

Traders` reviews for IC Markets Add review

MDP is working well with IC Markets

IC Markets True ECN is working well with MDP at the moment (after a few small adjustments). My account is up 114% since 3 weeks ago. Have zero stop loss limits helps my EA scalp for small pip movements. I have done 42 trades so far.

So far very good so 5 stars for now.

Christian 05/20/2012

Very Good Commission Rate for an ECN Broker

I have been looking for an ECN Metatrader broker for ages, so I was happy when I found IC Markets. Spreads are very very good I have seen them at zero. What really shocked me was how low their commission rate was for an ECN broker. They charge me $3.5 per lot which I think is really cheap compared to what Alpari charge me. The are a very good metatrader broker.

SniperPaul 04/06/2012

IC Markets Liquidity Providers

I hear that they use Integral and have 37 banks connected that's why the spreads they show are so good.

When I called them they told me their main liquidity providers were:

Morgan Stanley
Deutsche Bank
JP Morgan
BNP Paribas
Bank Of America
Nomura
RBS
Goldman Sachs
HSBC
UBS
Credit Suisse
Citi Group
Commerzbank
SMBC
SEB
Natixis
Bank of Tokyo
Westpac
Santander

They rattled off a few more names but I was not quick enough to write them down.

I am pretty impressed with the prices that I see though.

Lee 04/01/2012

Best Forex Spreads in Australia

I just finished comparing the 3 months worth of spread data from 4 Aussie MT4 brokers and IC Markets came out as the best of the lot across all of the Majors and Crosses. I have never seen spreads from any broker are as tight as what IC Markets are showing.

Very Impressive.

Cameron 03/18/2012

Best ECN Forex Broker in Australia, IC Markets

IC Markets are the best ECN forex broker in Australia. Their execution is fast and there is little or no slippage.

Im a big fan of ECN forex brokers and after trading with IC Markets for over 8 months now I am quite comfortable recommending them to anyone who is serious about their forex trading.

les 02/19/2012

My Quick IC Markets Review - You Really Can't Go Past This Broker

I don't often share my opinions online however after trading with over 12 forex brokers in the last 5 years I was so excited to discover an ECN broker in Australia that I really could not help myself. Not only does IC Markets provide me with a great Metatrader 4 ECN platform but they actually employ staff that are not sales staff but rather TRADERS, something that is unusual for most brokers these days.

In this day and age finding a broker like IC Markets is like finding a needle in a haystack. Fortunately I have found the needle...

This is one broker that really knows forex, 5 stars for sure.

Des 01/22/2012

Thanks for the Great Time at the F1 in Singapore

Many thanks to Albert and the Chinese sales team for the great time at the IC Markets corporate box at the Singapore F1 Grand Prix last weekend. My wife and I really enjoyed your teams hospitality, and are looking forward to a prosperous relationship.

See you in Sydney next week.

Kim Chu 10/01/2011

IC Markets gets 5 stars for not being just another forex broker

I'm only new to the forex game, I don't really care too much about spreads or the Metatrader 4 platform but service is what I was looking for when I started shopping around for a forex broker last month.

I was told about IC Markets by a friend of mine who has been trading with them for some time now and has been tuning into their regular webinars. She invited me to join her to watch an IC Markets webinar so I did and was impressed enough on the night to open an account the next day.

The service and support that I have received since opening my account has far exceeded my expectations in all regards. Not only do I get personal webinars, last week my account manager sent me a ticket to their corporate box at the football here at Subiaco Oval in Perth.

IC Markets gets 5 stars from me for not being just another online broker but for treating all their customers like first class passengers or should I say traders.

Grant Sakelerio 09/21/2011

10 reasons why IC Markets rocks

IC Markets rocks, and here are 10 reasons why:

1. Their spreads are tight
2. They are an ECN broker
3. You can use EA's
4. They Allow Hedging
5. Withdrawals are processed fast
6. They are regulated
7. Their server time is GMT
8. Execution speeds are lightning fast
9. Their client service is exceptional
10. And lastly they give out free VPS's for EA traders.

These are just 10 of the reasons that I made IC Markets my forex broker of choice, but don't believe me try them out for yourself!!

Anton 09/19/2011

IC Markets is a reliable ECN Broker

My experience with IC Markets has been excellent. Their spreads are sharp, I have even seen EUR/USD with zero spread. Their customer service is top notch and they a fast at processing withdrawals.

For anyone looking for a reliable and trustworthy ECN broker IC Markets would be a great choice.

Adam McGill 09/18/2011

IC Markets spreads are the tightest in Australia

I opened up a forex trading account with IC Markets after meeting one of their staff members at the Ultimate Forex course held by Knowledge to Action in Sydney. Their platform is really easy to use and spreads, well all I can say is WOW, they are by far the tightest that I have ever seen offered by any forex broker in Australia.

I have also found their regular weekly webinars really useful as they explain the basics of the platform including how to place orders and use the charts. The best thing of them all is that these guys are based in Australia and I have a direct line to my account manager, now that's service.

Keep up the good work IC Markets, my wife and I will be telling everyone in our trading group to open up an account.

Chris 09/13/2011

IC Markets are an Australian broker offering ECN Metatrader 4

I have been trading for over 5 years and recently discovered IC Markets after reading some good reviews. My experience so far has been fantastic, IC Markets service and support is outstanding and then there is their platform... IC Markets are and Australian company offering an ECN version of Metatrader 4, a dream solution for most high volume forex traders like myself, I have only been using their platform for 3 months and have found their pricing to be the best that I have experience in my 5 years of trading.

I would highly recommend IC Markets to any high frequency or volume trader.

This is certainly the best Metatrader ECN offering that I have ever used.

Ben 08/24/2011
Follow forexbrokerz on Twitter

© 2012 ForexBrokerz.com