Get the inside information on IC Markets, are they really the fasted most cost-effective broker?We reveal our 39 Point Analysis to help YOU
IC Markets, was a Winner in Our 2018 Review of CFD & Forex Brokers. Find out why they scored so well and what you need to look out for…
This is the in-depth review of FXPro conducted as part of our 12 Biggest & Best CFD Brokers Review for 2018.
For A Full Data Sheet of the FXPRO offering see the bottom of the page.
IC Markets: Best for Traders wanting Auto Trading, Algorithmic & Copy Trading, great customer support and a perfect customer approval rating.
IC Markets offer a huge selection of tools, MetaTrader 4 & 5 and cTrader and ZuluTrade, but what separates them from the crowd is their focus on institutional pricing and tools.
You can locate your IC Markets Virtual Private Server (VPS) directly in the NY4 & LD5 IBX Equinix Data Centers in New York and London, meaning you get the lowest latency for your transactions. If you are a high volume professional algorithmic trader, utilizing scalping and robots then this is the solution you need.
IC Markets also enabled a True ECN setup, which means you can even get access to institutional pricing for Foreign Exchange from 0.0 pips.
IC Markets offer a solid selection of 60 Fx Pairs and 5 Cryptocurrencies with very high potential leverage options (1:500) for those with experience.
Add to this 17 commodities and 9 Bond options and the market selection is good.
They topped the charts in terms of customer satisfaction ratings in TrustPilot with a 98% Approval base don 292 ratings, and not a single negative tweet in the previous 3 months.
IC Markets is based in Australia, banks with the best top-tier banks and is insured by Lloyds of London. However, I could not find any evidence of Investor Protection Funds being in place.
IC Markets 39 Point Service Offering Data Sheet
| CFD 's :Share, ETFs, Options Comparison | |
|---|---|
| Shares # | 101 |
| Shares Leverage | 1:20 |
| Shares Commission | 0.01% of Trade |
| Indices # | 15 |
| Indices Leverage | 1:200 |
| Indices Commission | Daily Financing |
| ETF # | |
| ETF Leverage | |
| FX, Crypto Comparison | |
| fx Pairs | 60 |
| fx Leverage | 1:500 |
| fx commisions | $7 per lot |
| Crypto Trading | 5 |
| Crypto Leverage | 1:20 |
| Commodities, Bonds, Treasuries Comparison | |
| Commodities / Futures | 17 |
| Commodities Leverage | 1:100 |
| Bonds / Treasuries # | 9 |
| Bonds Leverage | 1:100 |
| Funding & Company Size | |
| Minimum Balance | $200 |
| Established | 2007 |
| Number of Clients | N/A |
| Investor Protection | |
| Investor Protection | Insured by Lloyds of London Segregated Client Accounts Banking with top tier Australian Banks NAB & Westpac |
| Regulated By | ASIC Australia |
| Parent Company | International Capital Markets Pty Ltd |
| Trading Software | |
| Broker | IC markets |
| Software | Metatrader 4 & 5 cTrader eLab Trade Mam/Pamm myfxbook Autotrade ZuluTrade |
| Mobile Software | Yes |
| Customer Support, Research & Education | |
| Broker | IC markets |
| Customer Support | Live Chat & Phone Support |
| Research / News | Market Analysis |
| Education | Yes, but limited |
| Twitter Followers | 3500 |
| Negative Tweets 3 months | 0 |
| Trustpilot (% Average Rating & Above | 98% |
Risk Notice - CFDs, which are leveraged products, incur a high level of risk and can result in the loss of all of your invested capital. As a result, CFDs may not be suitable for all individuals. You should not risk more than you are prepared to lose. Before deciding to trade, you should ensure that you understand the risks involved and take into account your level of experience. You should seek independent advice, if necessary.
