IC Markets is a forex and CFD broker that focuses on retail trading. The company specializes in financial instruments on forex, indices, commodities and other financial markets. Its headquarters are in Sydney, Australia. The company, founded by entrepreneur Andrey Budzinski, has been operating since 2007.
The brand is managed by Raw Trading Ltd, registered in Seychelles. Client security is protected by the Australian Securities and Investments Commission (ASIC) and Financial Services Authority of Seychelles (FSA) regulations.
The company provides trading on Metatrader 4 and 5, also cTrader by SpotWare Systems. Advanced Trading Tools by FX Blue LLP are available for MT4.
The clients of the brand can trade 60+ currency pairs, 40+ CFDs and futures. Also, social trading is available on Myfxbook and ZuluTrade.
IC markets assortment
IC markets broker provides a good range of financial instruments for trading:
60 forex pairs with the tight spread from 0.0 pips. It is possible to leverage up to 1:500
16 indices with spreads from 0.5, leverage 1:200.
19 goods - energy, agriculture, metals, spots and futures. Leverage to 1:500
120+ shares on the world's largest stock exchanges
6 CFDs - Europe, Japan, USA and UK
10 CFDs on crypt currencies, from leverage to 1:5
4 global futures, including the ICE Dollar Index and CBOE VIX Index.
Advantages of IC markets
IC markets have low spreads - the average EURUSD spread is 0.1 pips on a cTrader account with the commission. If you add a commission of 0.6 pips, the total cost is 0.7-0.8 pips. Due to this, the brand differs favourably against the competitors. However, a standard account without commission has an average spread of 1.1.
Pricing is based on 25 different liquidity providers, so spreads remain tight.
The broker provides in house research - technical and fundamental analytics are published on the blog every day. The content from Myfxbook and MQL5 calendars is added to this.
It is possible to create Expert Advisors for automated trading using the EA Lab by Trade View. That will be especially interesting for retail traders of large volumes - as the broker allows to make transactions from 1 micro lot to 200 lots (25 million base currency).
Icmarkets Indonesia provides a mobile version of its platforms. Applications for mobile devices offer an opportunity:
trade all financial assets
use 30 indicators and draw trend lines
There is a drawback - IC Markets offers execution based on agency. That is, orders can be subject to slippage. However, the broker allows hedging trades. Plus, he strives to minimize risks by using modern equipment on trading servers NY4 data centre in New York & LD5 in London.
The broker provides very high-quality customer support. The staff is qualified and available 24 hours a day, 7 days a week.
Online Forex broker IC Markets Indonesia is a comfortable regulated environment for financial trading.