ICMarkets

Details

Broker ICMarkets
Website URL https://www.cmtrading.com/
Founded 2007
Headquarters South Africa
Support Number +27 10 500 80 26
Support Types chat, email
Languages USA , English , Spanish , Arabic , Indonesian
Trading Platform MetaTrader 4, MetaTrader 5
Minimum 1st Deposit $100
Minimum Account Size $100
Minimum Trade Amount $100
Maximum Trade Amount $5000
Bonus $50 free bonus
Payout 70-90%
Leverage 500:1
Spread 0.1
Free Demo Account Open Demo
Regulated Yes
Regulation ASIC
Account Types Account 1, Account2
Deposit Methods paypal, credit card, check
Withdrawal Methods paypal, credit card, check
Trading Methods method1, method2
Number of Assets 85
Expiry Times One Week, Two Weeks, Several Months
Types of Assets Asset1, Asset2
Option Types opt1, opt2
Trading Currency usd,cad, zar, eur, gbp, jpy
Account Currency USD, EURO, LATIN
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 83/100

Pros

  • Great design
  • easy trading

Cons

  • Poor services
  • bad support

IC Markets is one of the leading online forex brokers that is a preferred choice for scalpers and day traders globally. The trading environment allows the traders to conduct the trading online on institutional grade liquidity and this is from dark poop liquidity execution venues and some of the world’s leading investment banks. Among the many reasons why many people prefer using this online broker is because it offers the lowest possible spreads you can get in the market. The IC markets offer market leading pricing and superb trading conditions and this is through the use of the MT4 platform by giving its clients true ECN connectivity. The MetaTrader 4 platform used in IC Markets has no restrictions when you are trading.

For high frequency trading globally and scalping, it has the best trading conditions as it essentially allows you as a trader to place any orders between the spread. Ideally, this means that any order including the stop loss order can essentially be placed as close to the current market price as you would prefer as a trader.

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