IC Markets offers earnings in international markets. A registered client receives a wide range of investment products and spreads from 0 pips. An exchange intermediary provides quite favorable trading conditions that are suitable for many market players. At the same time, there are quite a lot of negative reviews about the project on the network. In today’s article, we will tell you what the office offers and whether it is worth starting to cooperate with it.
IC Markets Project Information
The brokerage firm states its goal, which is to bridge the gap between retail and institutional traders. It aims to make the world of trade more accessible and secure. The exchange intermediary points to the regulation by the Cyprus Securities and Exchange Commission, but does not provide any documents. Despite the loud statements, there are quite a lot of negative comments on the network that describe the shortcomings of the project.
The company says that its management team has extensive experience in international markets. It serves traders from Asia, America, Europe, and other regions. Rich trading experience has allowed the firm to choose the best technological solutions that provide a high level of liquidity.
Among its advantages, IC Markets names:
- Minimum spreads under all market conditions. The company has invested in the development of new technologies and has established strong relationships with key liquidity providers. This allowed it to reduce associated costs and provide its clients with the best trading conditions.
- Fast order execution. The brokerage project uses enterprise-grade equipment. Its servers are located in the largest shopping centers – London and New York. Dedicated fiber cross-connections ensure minimal latency and better pricing.
- Superior technology. The firm cooperates with global technology giants. It provides its clients with an ideal trading environment and advanced tools. A market player can use the Depth of Market, built-in spread monitoring, ladder trading, automatic closing of trades using templates, and much more.
- Unparalleled customer service. The team has a wealth of experience and is able to provide the best services. Consultants work from 8 am to midnight, providing any information and resolving any issues that may arise.
The brokerage project speaks of transparent and honest work. It calls itself a popular CFD provider that works without requotes and slippage. The company allegedly does not manipulate prices and allows its clients to make decent profits. To back up these claims, the trader should carefully examine the reputation. There are many dubious projects on the international market that do not deliver on their promises.
Overview of trading conditions
The exchange intermediary guarantees its clients a wide range of accounts and financial assets. He has developed commercial offers for beginners and experienced traders who intend to increase their capital. A market trader can choose a preferred pricing model and a working platform that will meet their goals.
A potential client receives a choice of three trading accounts. Any account allows you to start from a deposit of 200 US dollars. The standard tariff provides spreads from 0.8 pips and zero commission deductions. Leverage is provided in a ratio of 1:30. A market player can use any trading styles. A programming language is available, and it is possible to create a unique robot.
What platforms does the firm offer?
A registered client can trade using the MetaTrader 4 and 5 versions. This is a universal terminal that is suitable for transactions with currencies, stocks, bonds, cryptocurrencies and commodities. The trader receives sophisticated order management tools that help to quickly and efficiently control open positions. The powerful platform is equipped with new features aimed at improving the trading experience.
In addition, the broker allows you to download the cTrader platform. It provides high speed of order execution and has an elegant user interface. The client can use advanced functions, numerous analytical tools. The terminal has removable charts and extended symbol display. The market player will receive real-time reports and execute trades in one click. This system provides for the use of a smart stop out. The tool provides maximum protection for the trader, allowing him to lock in maximum profits.
What kind of reviews do people post about IC Markets?
At first, market trading went quite well, but then anomalies began. The brokerage platform has been experiencing terrible slippage. Technical support referred to an Internet problem, while the network works absolutely normally. Apparently, the office deliberately creates conditions for draining the initial deposit.
IC Markets is a Forex kitchen that scams people for money. It has nothing to do with real trading. Keeping money in such offices is too risky, because employees can use fraud. The firm does not set the best trading conditions. Traders face huge commissions and spreads. Technical support responds too slowly, elementary issues are resolved within a week.
The company creates the illusion of profitable trading, but problems begin when making payments. The withdrawal is very long, as a result, not the entire amount comes. Employees set conditions that are not warned in advance.
Why is it not worth investing in the project?
The brokerage office does not fulfill its obligations at all. Some traders face brazen scams, while others have their profits cut and withdrawals delayed. Many clients point to poor trading conditions that contribute to large losses. Apparently, the firm does not possess any licenses and is not a bona fide broker at all. Its trading activities are considered dubious and highly suspicious. We do not recommend contacting IC Markets, which has an extremely negative reputation online.
