Sunday, January 16, 2022

IC Markets Review – Is IC Markets Scam or a Legit Crypto Broker?

IC Markets Review

IC Markets logo

If you are going to adopt online trading as a career, then you need a broker who guides you in the right direction. IC Markets will boost your online trading career. Let’s take a look at IC Markets’ review. After that, you’ll be able to decide whether this broker is right for you or not. The financial market is full of online brokers; therefore, it’s not an easy task to find the right one. You can also find scammers in the world of finance who are looting the people. There’s no need to worry if you start your trading journey with IC Markets because this firm is regulated by ASIC, CYSEC, and FSA.

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IC Markets came into existence in 2007 by a team of professionals. If you are looking for a Forex broker, then you are in the right place because IC Markets is one of the largest Forex and CFD providers. IC Markets is serving the people with passion and determination since 2007. This firm has become a need of every trader. IC Markets provides the traders with a transparent and suitable environment for trading. This friendly environment allows the traders to focus on trading.

IC Markets website

Trading Platform

A trading platform is software that allows traders to perform trading-related activities through an online broker. The traders should consider the fees structure and available features before choosing a trading platform. IC Markets offers a web-based trading platform. This trading platform is available in different languages. IC Markets offers Meta 4, Meta 5, and c Traders. It is a highly customizable trading platform. IC Markets provided the traders with an ECN trading environment. There are no trading restrictions. The traders can enjoy the fast and reliable execution provided by IC Markets. Meta Trader 4 is also accessible through iOS and Android.

Trading Instrument

IC Markets is basically a Forex broker, but it offers different trading instruments, which include Forex trading over 60 currency pairs, cryptocurrency, CFD, commodities, futures, bonds, and Equities. The traders can choose the instrument of their choice.

IC Markets trading instruments

Accounts offered by IC Markets

The traders have to open an account with a broker to start online trading. IC Markets kept the account opening process simple and user-friendly. The traders can open an account by providing the following information, which includes contact number, email, date of birth, and address, choose an account type and complete a survey. In the end, verify your identity and residency by providing a copy of your passport or id, bank statement, or utility bill. Your account will be opened within one business day. IC Markets offers three types of accounts which include standard accounts and two commission-based accounts.

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These accounts differ in fee structure. Islamic account is also offered by IC Markets as an option. The traders can also open this account with this broker. A minimum deposit of $200 is required to open an account at IC Markets. Many brokers in the market demand deposit of $2000 to open an account. But IC Markets kept its deposit low.

Deposits and withdrawals options

IC Markets provided the traders with many funding choices in different currencies. The traders can deposit or withdraw money through Credit/Debit cards, PayPal, bank transfer, Neteller, Skrill, Web Money, China Union Pay, and much more. The traders have plenty of options for deposit and withdrawal. IC Markets provides the trader’s deposit and withdrawal free of cost. It doesn’t charge any fee.

The facility of Education and Training

IC Markets fully understands the importance of education and training. The role of education is very important in every field of life, and online trading has no exception. If someone wants to be successful, he should gain proper knowledge and training. IC Markets understands the need and requirements of the traders. IC Markets has an experienced team. IC Markets provides the traders with free educational material, including demo account, tutorial videos, webinars, and articles. The traders can learn through educational material, which will be helpful in online trading.

Customer Care

IC Markets has great customer care service. IC Markets understand the importance of good quality customer service and support. Customer service is available 24/7. The traders can contact via phone, live chat, or email. There’s also a FAQs section where you can get the answer to your questions.

Is IC Markets Safe?

Yes, IC Markets is safe and secure because it is licensed and regulated by many international regulation authorities like ASIC and CySEC.

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Bottom Line

IC Markets is one of the worlds’ best Forex brokers. It provides the traders with an ECN trading environment. You should join this broker for a better trading experience.

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