Forex Swing Profit

IC Markets Global Company Profile

IC Markets Review

IC Markets Global is one of the world’s leading Forex CFD providers. Andrew Budzinski (born May 1975) is an Australian billionaire businessman who is the founder of IC Markets, a forex and CFD brokerage firm based in Sydney. He was ranked as the 65th wealthiest Australian in 2024 with a net worth of A$2.71 billion. IC Markets operator was founded in 2007 in Sydney, Australia by entrepreneur Andrew Budzinski. In 2009, the Australian Securities and Investments Commission granted IC Markets the Australian Financial Supervision Service license under number 335692.

The company was incorporated with the vision of providing fair and transparent Forex trading to active traders. IC Markets Global is dedicated to bringing solutions previously only available to professionals and large global investment banks to retail investors and traders around the world. For additional

information about IC Markets Global, please visit the About Us page.

IC Markets Regulations And License

IC Markets Global is regulated by a top-tier regulator.

Top-tier regulators act similarly to referees in sports, enforcing stringent rules to ensure fair play and prevent questionable activities among brokers. Being overseen by one of these premier regulatory bodies signifies obeying the highest standards.

IC Markets is authorized and regulated by the Australian Securities and Investments Commission (ASIC).

The Cyprus Securities and Exchange Commission (CySEC) authorizes and regulates IC Markets.

Consequently, you can expect reasonable pricing, transparent trade executions, and a well-regulated trading environment.

IC Markets Regulated by FSA

Regulation and License. IC Markets Global is regulated by the Financial Services Authority of Seychelles (FSA) under License NO SD018 meeting strict capital requirements. All client funds are held in segregated client money accounts with top International banks. IC Markets Global does not use these funds for operational expenses or purposes.

IC Markets Regulated in United States (US)

IC Markets does not accept clients from the United States due to regulatory restrictions imposed by the US Commodity Futures Trading Commission (CFTC). IC Markets operates under various international regulations, including those from the Australian Securities and Investments Commission (ASIC), the Seychelles Financial Services Authority (FSA), and the Cyprus Securities and Exchange Commission (CySEC), but they do not hold any licenses or operate within the jurisdiction of the CFTC in the United States.

Therefore, IC Markets is unregulated in the United States and cannot serve American traders. Instead, they cater to global markets while adhering to strict financial standards globally

IC Markets Regulated in Europe (EU)

IC Markets EU is indeed regulated in Europe through the Cyprus Securities and Exchange Commission (CySEC). This means they comply with all domestic and European laws and regulations applicable to investment firms, adhering to strict financial standards such as capital adequacy and audit requirements.

Additionally, IC Markets’ regulatory oversight extends beyond CySEC; they are also regulated by the Australian Securities and Investments Commission (ASIC) and hold multiple licenses, providing an additional layer of security for clients.

However, it is essential to note that there have been instances where IC Markets faced fines and criticisms from CySEC regarding certain violations, such as failing to adhere to best-execution practices and inadequate disclosure of costs and charges to clients. Despite these issues, IC Markets continues to maintain a reputation for being a trusted and regulated brokerage service provider.

Segregation of Client Funds

When funding your trading account your funds are held in client-segregated accounts with top-tier banking institutions. IC Markets Global complies with the Securities Act and the Securities (Conduct of Business) Regulations and employs strict policies and procedures regarding the maintenance and operation of these accounts.

Anti-Money Laundering

By the FSA Anti-Money Laundering and Counter-Terrorism Financial Act, IC Markets Global has in place policies and procedures to ensure compliance with the law. These policies and procedures are designed to prevent money laundering activities from occurring. IC Markets Global Anti-Money Laundering policy outlines the documents that you must provide us before opening an account.

Is it Safe Trading with ICMarkets Forex Broker?

Very Safety. IC Markets is a legit forex brokerage company. It is regulated by several financial authorities globally, including the top-tier ASIC. Besides In addition to integrated customer fund management with segregated accounts.

Where is the IC Markets server located?

IC Markets Global MetaTrader 4 and cTrader trade servers are located in the NY4 and LD5 IBX Equinix Data Centres in New York and London.

Is IC market a good broker?

IC Markets is highly recommended for forex traders, mostly because of its low trading fees. I won’t be lying to you: it’s the super tight spreads that keep me coming back to IC Markets, though its currency pair selection is also quite impressive.

IC Markets Trustpilot Review

IC Markets has received mixed reviews on Trustpilot and other review platforms. Overall, IC Markets has many positive reviews directly from traders. Icmarkets is the best world-class broker, proven to have a very good service rating on various survey institutions. ICmarkets Global is highly recommended by professional traders and is the best place especially for you as a fund manager in managing client funds with a sense of security because ic markets Global is a very professional broker in every line of its services and has several deep liquidity providers, all of which are very transparent in the price market feed data presented.

Positive Experiences: Many users praise IC Markets for its tight spreads, fast order execution, and good responsive customer support including fast processing parameters in withdrawing funds and depositing trading accounts. Some traders highlight it as one of the best brokers they have worked with, appreciating the user-friendly interface and the ability to trade with minimal delays.

IC Markets Wikipedia

Trading Instruments

IC Markets provides access to a wide array of trading instruments:

• Forex: A major focus of IC Markets, offering the tightest spreads on various currency pairs.
• Indices: Traders can access CFDs on major indices such as the S&P 500, Dow Jones Industrial Average, FTSE 100, and more.
• Commodities: The broker offers trading on precious metals (like gold and silver), energy products (such as crude oil), and agricultural commodities.
• Cryptocurrencies: In 2017, IC Markets introduced cryptocurrency CFDs including Bitcoin, Ethereum, etc.

Trading Volume

IC Markets has reported significant trading volumes over the years. For instance:

• In August 2017, they announced record trading volumes totaling $343 billion.
• By May 2018, the average daily trading volume reached $19.4 billion.

IC Markets Company Management

In December 2019, Nick Twidale was appointed CEO of IC Markets.

IC Markets has established itself as a prominent player in the online trading industry by offering a diverse range of financial instruments, competitive trading conditions, and robust regulatory oversight. Their commitment to providing advanced trading platforms and tools makes them a popular choice among traders worldwide.

IC Markets WikiFX Rating

A high score achievement of 9.06 on a scale of 10 has been achieved by ICMarkets Global. This calculation is comprehensively reviewed by the wikifx team including trading transaction speed, regulation and licensing, business service level, risk management level, trading platforms, and so on.

IC Markets Restricted Countries List

Despite welcoming clients from around the world, IC Markets Global faces government-imposed restrictions and internal policy constraints that prevent us from accepting account applications originating from the following restricted countries list:

IC Markets Is The Best Forex Broker For Scalping

Yes, we allow both hedging and scalping trading strategies. Our spreads and trading conditions are the preferred choice of many day traders and scalpers globally.

For currency pairs, ICMarkets offers some of the best pricing in the industry by aggregating quotes from over 25 different liquidity providers. This low pricing, combined with the fastest execution speeds, makes IC Markets the preferred destination for day traders, scalpers, and those using Expert Advisors (EAs).

IC Markets allowed Automatic Forex Trading Software for sure.

IC Markets Minimum Open Lot

There are no limits or restrictions on trade sizes, you can place trades as small as one micro lot (0.01). Our flexible lot sizing allows you to trial the platform with minimal risk and manages your trade sizes per your account balance.

IC Markets Global is the Forex CFD provider of choice for high-volume traders, scalpers, and robots or Forex expert advisors trading scripts who demand tight spreads and the best possible execution.

IC Markets Account Types

 

IC Markets Standard Account

The Standard Account from IC Markets Global offers unbeatable execution speeds. Combine that with comprehensive spreads starting from 0.8 pips, Equinix NY4 servers in New York, and a group of up to 25 price providers, and you’ll see why our Standard Account can give you the best trading experience, all day, every day.

IC Markets Raw Account

Our Raw Spread account features among the lowest possible spreads available. The average EUR/USD spread is 0.1 pips, accompanied by a minimal commission of $3.50 per lot payable per side. With deep liquidity and the fastest execution, this IC Markets Global Raw Spread account is designed specifically for day traders, scalpers, and expert advisors (EA).

Raw spread account is an ECN forex account on IC Markets Global.

Our MetaTrader 4 and 5 Raw Spread servers are hosted in the Equinix NY4 data center in New York, which brings you closer to our network and eliminates any unnecessary latency. The IC Markets Global MetaTrader 4 and 5 platforms remain the top preference for active global day traders and scalpers.

IC Markets Islamic Account

IC Markets Global provides Islamic accounts, commonly referred to as swap-free accounts, for clients who are unable to earn or pay interest due to their religious beliefs. This swap-free option is available on both our Raw Spread and Standard account types across the MetaTrader4, MetaTrader 5, and cTrader platforms.

We are dedicated to delivering the best trading conditions for our clients. Our Islamic accounts feature advanced trading infrastructure and execution speeds, allowing our traders to achieve a competitive advantage.

IC Markets Open Real Accounts

To create a trading account at IC Markets Global, you only need to register on the sign-up page, press the Create account or open account button, then upload the required documents, then after being verified by receiving a verification report via the email used to register previously, you just need to make a deposit or funding account with various deposit options, and after the funds received in Metatrader trading account, you can do trading activities as usual.  Or you can click the button below to IC Markets opening accounts directly from the official ICmarkets website then you can directly open an account.

The thing to remember is that the withdrawal and deposit methods must be the same so that there are no problems during the withdrawal process later.

IC Markets Demo Account Creation

If you want to test first the best condition trading environment in any IC markets trading platforms without risk, you can create a demo trading account in the IC markets client dashboard and then select the leverage and virtual balance amount as you wish.

IC Markets Verification

Know Your Customer or KYC is a rule used by financial institutions, such as banks and non-banks, to find out the identity of each of their customers. This implementation program is mandatory in all financial service institutions. KYC is used to integrate customer transaction activities.

Therefore, we need several documents below to be verified so that we can carry out deposit and withdrawal transaction activities smoothly.

Need to Upload documents of :

1. Government Photo ID [ e.g. Passport | National ID | Drivers Licence ]
2. Proof Of Residence [ e.g. Utility bill | Phone/Internet Bill | Bank Statement ]

Bank Statement Format :

• Should be a full-page document, clearly showing your name, residential address, your bank account details such as account number, IBAN, SWIFT/BIC.
• Should be dated within the last 180 days and show the issuer’s logo
• Should be different from other already provided documents

Each document format :
File Type .pdf, .gif, .png, .doc, .docx, .jpeg and.jpg
Max File Size 12 Mb.

IC Markets Deposit and Withdrawal Methods

IC Markets Minimum Deposit

At IC Markets, the required minimum deposit is $200 or the currency equivalent to open a trading account. This means that you have to put at least $200 in your broker account to be able to start trading.

What is the minimum withdrawal on IC markets?

The Company has no minimum amount requirement; however, the client needs to be aware of potential intermediary/beneficiary bank fees. For any bank wire withdrawal requests with an amount less than USD/EUR100, there is a risk that the Client will not receive anything as a result of bank charges.

IC Markets Account Deposit Methods

IC Markets Global offers over 15 flexible funding options in 10 different base currencies. Deposit instantly and for free using a range of methods. We do not charge additional fees for deposits or withdrawals.

How much does IC Markets charge for withdrawal?

IC Markets Global does not charge any additional fees for deposits or withdrawals. You should however be aware that you may incur fees, such as intermediary fees, on payments to and from some international banking institutions.

IC Markets Commission Take

IC Markets Global has two MetaTrader account types, a Standard account and a Raw Spread account. IC Markets Global does not charge a commission on Standard accounts but instead applies a spread markup of 0.8 pip above the Raw inter-bank prices received from our liquidity providers.

IC Markets Leverage

IC Markets offers a flexible leverage structure that varies depending on the regulatory environment and the type of trading account. IC Markets provides leverage up to 1:1000 for forex instruments. This means that for every $1 in your trading account, you can control up to $1000 in the market.

IC Markets Trading Platforms

Using IC Markets’ trading platforms, particularly MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader, offers several advantages tailored for professional forex traders. MT4, MT5, and cTrader-based WebTrader, iPhone/iPad, Android, and Mac. Here’s a breakdown of the benefits associated with each platform:

IC Markets MT4 Benefits

• User-Friendly Interface: MT4 boasts an intuitive design, making it accessible for both beginner and veteran traders alike. Its clean layout simplifies navigation, reducing the learning curve significantly.
• Advanced Technical Analysis: The platform comes equipped with a vast library of technical indicators and EAs (Expert Advisors), which empower traders to analyze markets deeply and automate repetitive tasks.
• Real-Time Data Feed: MT4 provides continuous updates, ensuring traders receive timely alerts and notifications about critical market events. This real-time feed enhances decision-making capabilities.
• Multi-Language Support: Available in numerous languages, MT4 caters to a broad audience worldwide, facilitating communication and understanding among traders regardless of their native tongue.

IC Markets MT5 Benefits [Recommended]

• Enhanced Capabilities: Building upon the success of MT4, MT5 introduces additional features such as expanded time frames and improved backtesting capabilities. This makes it an attractive choice for traders looking to explore new strategic approaches.
• Increased Instrument Options: MT5 supports a broader range of financial instruments compared to MT4, including cryptocurrencies and more exotic currency pairs. This diversification enables traders to expand their portfolios efficiently.
• Better Risk Management: With enhanced risk management tools integrated into the platform, traders can implement more sophisticated stop-loss orders and limit functions, thereby managing exposure more effectively. Advance one-click feature.
• Bulk Order Closing on MT5 Trading Platform

MetaTrader 5 (MT5) offers strong functionality for closing multiple positions and deleting pending orders simultaneously, enhancing efficiency during volatile market periods. Below is a detailed explanation of how to execute bulk order closings on the MT5 platform:

Enabling Bulk Operations

Before initiating bulk operations, make sure one-click trading is enabled in your application settings. This setting allows for seamless execution of multiple actions without requiring individual confirmation for each step.

Steps to Perform Bulk Closing

1. Accessing Bulk Operations Menu:
   To access the bulk operations menu, click the “Trade” tab in the Toolbox and then right-click either on an order or any non-order area. From the context menu, hover over “Bulk Operations”.
2. Selecting Operation Type:
   Depending on whether you right-click on an order or a non-order area, different options become available:
   • Right-clicking on Non-order Area:
     • Seven bulk operations are listed:
       • Close All Positions: Closes all open positions.
       • Close Profitable Positions: Closes all profitable positions.
       • Close Losing Positions: Closes all losing positions.
       • Delete All Orders
         • Delete All Pending Orders
         • Specific deletions based on order types (Limit, Stop, Stop-Limit)
   • Right-clicking on An Order:
     Additional options are shown alongside those mentioned above:
     • Symbol-specific closures:
       • Close By (Symbol Name)
         (Note: Requires hedging account support)
         • Other directional closures (Close Buy/Sell Positions)
         • Hedged position closure (Close By (Symbol Name))
           (Only available if supported by broker)
3. Executing Selected Action:
   Once you’ve chosen your desired action from the bulk operations menu, the corresponding positions or pending orders will be processed accordingly. Note that for each position attempted to be closed, only one attempt is made; if an error occurs or a requote is received, subsequent attempts will continue until completion.

Mobile Application Integration

Similarly, on mobile devices running iOS or iPadOS, you can initiate bulk operations directly from the app. Tap inside the “Trade\Positions” section or select “Bulk operations” from any position’s context menu for similar functionality.

By leveraging these bulk operations features within MT5’s excellent trading environment, traders can efficiently manage their positions during times of market volatility or rapid price changes without manual intervention at each step. This streamlined process enhances overall trading efficiency and reduces potential errors associated with individual order management tasks.

Automated Strategies: Like MT4, MT5 allows for automation via EAs, streamlining trading operations further. This automation capability is particularly beneficial for scalpers and algorithmic traders.

IC Markets TradingView

You can also synchronize IC Markets live account or demo trading account with your TradingView account, to make it easier to analyze market movements comprehensively.

How to connect TradingView with IC Markets Global Account

cTrader Platform Advantages

• High-Speed Execution: Designed for high-frequency trading, cTrader delivers lightning-fast execution times often measured in milliseconds rather than seconds. This speed is crucial for scalpers and arbitrageurs who rely on swift transaction processing.
• Customizable Indicators: Unlike traditional platforms, cTrader permits traders to create their customized indicators using programming languages like MQL. This level of customization empowers traders to tailor their analytics precisely to suit specific trading strategies.
• Algorithmic Trading: cTrader integrates seamlessly with algo-trading solutions like cAlgo FIX API, allowing traders to develop and deploy complex algorithms easily. This integration accelerates the development cycle for automated trading strategies.
• Depth-of-Market View: The platform offers a comprehensive DoM view, providing traders with unparalleled visibility into liquidity pools. This insight helps in identifying optimal entry and exit points more accurately.

Forex Copy [IC Social] Features

IC Social is a social trading application developed by IC Markets in partnership with London-based Pelican Trading. This innovative tool aims to enhance the trading experience by integrating various functionalities into a single platform. Here’s a detailed overview of IC Social:

IC Social serves as a hub for traders to engage in social trading, fostering a community-driven approach to navigating financial markets. It allows users to trade, communicate, and learn from one another within an interactive ecosystem.

Copy Trading from IC Markets Global 

One of the primary features of IC Social is copy trading. This involves replicating the strategies of experienced traders, allowing novice traders to benefit from proven techniques. Users can determine the amount they wish to risk and choose the expert whose strategy they want to emulate. Once activated, the copied trades are executed in real-time, mirroring the original trader’s moves.

Interactive Profiles

Each trader’s profile contains valuable information such as open positions, pending orders, closed trades, monthly returns, profitability metrics, and markets traded. This transparent display helps users assess the reliability of signal providers before deciding to copy their strategies.

Signal Trading

Experienced traders can also function as signal providers by sharing their trade signals like entry and exit times along with prices. They can monetize their expertise by letting other traders copy their strategies in exchange for a small commission.

Activity and Feed

Users can participate in active trading communities and keep track of real-time updates from fellow traders. The activity feed displays recent transactions and interactions within the community, creating an engaging environment for collaborative learning.

Setting Up IC Social

Link your IC Markets Global MetaTrader 4 live account and we can engage in a dynamic trading community. Analyze, learn, share insights, and replicate the successful strategies of your fellow traders.

To utilize IC Social effectively:

1. Create an IC Markets Account: Register for an IC Markets live trading account by visiting their website and completing the necessary documentation.
2. Link MT4 Account: Connect your live MT4 trading account to IC Social by installing the IC Social app and logging in using your MT4 credentials.
3. Deposit Funds: Fund your account using a preferred payment method such as a bank card or wire transfer; the minimum deposit required is $200.
4. Start Copy Trading Experience: Browse available signal providers’ profiles to select reliable traders whose strategies you’d want to replicate. Once chosen, click ‘Copy’ to initiate real-time replication of their trades.

By integrating social trading elements into its platform, IC Markets has created an environment where both beginners and experienced traders can benefit from shared knowledge and expertise, thereby enhancing overall trading performance.

Conclusion

Apart from trading personally for 7 years with IC markets during that time, I was smooth with both lowest spreads, fast trading execution (never requote) and the deposit withdrawal process, plus studied from various trusted sources including ICmarkets is regulated by multiple top tier regulators like FSA, ASIC, CYSEC, the peace Army forex forum, Reddit forum, and Quora forex topics, and studied various traders’ experiences, in my opinion, IC Markets Global forex brokers are worthy of being used as a trading place for the long term. The source of resources for market analysis is quite complete, including trading tools from IC markets trading autochartist -> trading opportunity, plus the integration of live IC markets accounts with the trading view which can now be applied. Of course, this facility makes it easier for traders, both beginners and experienced traders, to a more comprehensive analysis to make the right decisions in buying or selling transactions with a duration according to the specified trading plan.

In addition, the global IC markets company has been around for quite a long time, of course, it has had a lot of experience in continuing to innovate in the quality of market price feed data and public service systems.