Opinions and information about the IC Markets broker
¿It is the really trustworthy IC Markets (aka icmarkets.com) broker? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.
The IC Markets broker is a broker of: Forex, Cryptocurrencies, Futures and CFDs.
The broker mentions to be part of: IC Markets (EU) Ltd, Raw Trading Ltd and International Capital Markets Pty Ltd.
IC Markets is based in: Australia, Cyprus and Seychelles.
If we talk about regulation, we see that the IC Markets broker is regulated in Australia, Cyprus or Seychelles, depending on the customer's location.
We will continue to analyze the different account types that IC Markets offers. In the case of IC Markets we note that it has 3 different plans or types of account: the cTrader Raw Spread Account, the Raw Spread Account and a Standard Account.
CTrader Raw Spread Account: minimum initial deposit of $ 200, leverage up to 500: 1, micro-lot trading, one-click trading, all trading styles allowed, margins from 0.0 pips, stop out level 50%.
Raw Spread Account: minimum initial deposit of $ 200, leverage up to 500: 1, micro-lot trading, one-click trading, all trading styles allowed, margins from 0.0 pips, stop out level 50%.
Standard Account: minimum initial deposit of $ 200, leverage up to 500: 1, micro-lot trading, one-click trading, all trading styles allowed, margins from 0.0 pips, stop out level 50%.
All have an optional Islamic or Swap Free Account.
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The platforms used to trade are: the MT4, MT5 and cTrader platform.
Now, yes, we will go on to analyze the different resources and help that the company provides to traders on its website: some explanations of the products that IC Markets offers, explanation of basic concepts of the world of investments, some live charts, calendar economic, financial event news, pip calculator, really not much else.
IC Markets Features
Additional information about the company
Phone number: +61 (0)2 8014 4280
Clarification: The investment company IC Markets works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.
* Bonuses or promotions: None by the moment
IC Markets valuation
With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with.
Why? It is a regulated broker in several jurisdictions, but none of these are safe, it is based in very unsafe countries such as Cyprus or Seychelles, when looking for information and other evaluations about IC Markets we found a large number of negative reviews.
October 2020 update: CONSOB, Italy's financial regulator, has denounced IC Markets for fraudulent maneuvers.
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