IC Markets Reviews & Comments 2018



Company illegally sharing your data and personal detail with third party. Shit customer service trying to hide issues rather than fix.

J   6 September, 2018  

Hello, I can't reply to ali yoldas' post below, so I'm writing separately. I can confirm that the mentioned price drop happened on USD/TRY on 15th Aug. However, when I opened a support request with IC Markets and provided them with a price comparison of other big brokers (e.g. FxPro, XM). They sent me the compensation for this price difference (several thousand USD). They treated me absolutely fairy, therefore I consider them an extremely HONEST broker that esteems their clients. There's no question about that! If anyone wants to try a true ECN environment, then IC Markets is one of the best choices available!

MilanM   31 August, 2018  

ICMarkets increased spread to 9600 pips (bid 5.43xx - ask 6.40xx) on Aug 15, 2018 when real lowest price was 5.9211 on investing com .I have proof if anyone needs. Stay away from them. Even if you win, they will increase spread as much as they need and stop out all your positions one day. If anyone interested file a lawsuit, please contact me. I started prepping case to file lawsuit.

ali yoldas   27 August, 2018  

Hello, I can confirm that this huge price drop happened on USD/TRY on 15th Aug. However, when I opened a support request with IC Markets and provided them with a price comparison of other big brokers (e.g. FxPro, XM). They sent me the compensation for this price difference (several thousand USD). They treated me absolutely fairy, therefore I consider them an extremely honest broker that esteems their clients. There's no question about that!

MilanM   31 August, 2018

I have 6 years of experience with IC Market. world best broker.

Jawad mahmood   18 June, 2018  

Not available for Canadian and US citizen

David   29 June, 2018

Bull, if they were, why they dont registered on NFA, I dare you

Tomi   8 September, 2018

There are only two unique solutions that distinguish this company from the rest of the gray mass of brokers. First, they provide free hosting for my automated trading strategies. You can trade expert advisors right from the broker's server, which eliminates all interruptions of poor internet connection or bad signal. The second point is good choice of platforms like cTrader, webIRESS, MT4/5 and ProDeal. The intuitive interface of all terminals, which provide unlimited access and control of my trading account. In this sense, this is a technological advantage, which is always a good addition for traders on FX market.

Vernon Holms   24 April, 2017  

Broker scammers
Broker fraudsters. I worked for them $ 11,000, they did not give them to me. Cancel all transactions. These false UST / ATP. All they have to write on the website, it's a lie. trade profitably, they do not give. Read the reviews about them on the forum forexpeacearmy

Mikhail   21 July, 2015  

I have been trading for over 4 years and have gone through more than 10 of them with all types of trading conditions.
At one time, early to late 2013, I would have no hesitation in defending them as I really thought they were one of the better brokers out there.
But since my last (one of at least 5-6) account stop-out on a relatively small trading account (I have between AUD20 to almost AUD90k trading accounts with them at one time) of just over AUD5k under very unusual and strange circumstances......i.e sudden and instant account stop-out with absolutely no margin call and forced closure of largest losing positions and in normal market conditions.....I couldn't get a satisfactory reply from them as to ho that could happen.
All three different Support Representatives explained reasons for the account stop-out (as if I don't know as I have account stop-outs with all the more than 10 different brokers that I have been with and none of the account stop-out happened the way it did with my last account stop-out with them) but none could come out with why the sudden and instant account stop-out happened.
In another case with them, I had pending positions on 2 different accounts with them. The pending positions on one account was triggered and the price went on high enough to cause a margin-call and account stop-out. However, the pending positions on the other account was not triggered...which should have been triggered if the price did went past the pending level on the other account. When I asked for an explanation on why the price (which was not recorded on the MT4 trading platform under any time frames), they explained that away with "bid" & "ask" price which are not recorded on MT4 platform.
However, to this day, they still have not nor could not provide me with an explanation on why the pending positions on the other trading account with them was not triggered.
I have received several theories from other traders on the sudden account stop-out and two of them made sense in that: 1) The leverage was sudden changed (not by me). 2) My server was moved to one of their server which have wider spread.
Whatever the reasons for that sudden and instant account stop-out, I am now a very unhappy & dissatisfied client of theirs and would advice Traders to be careful trading with them because, at one time, I thought they had an understanding & good relationship with me and would never mess with my accounts with them. But looks like this broker has changed (since late 2013) and is now no longer on trusted brokers list.

RahmanSL   18 April, 2015  

mazing. inside job try to boost this company.Checked this out your self to see how this IC MARKETS TURKEYS wipe your account clean. usd chf pair dated 15 Jan 2015 time : 11:30 Price from 1.02481 DROP TO 0.05951. WIPE MY ACCOUNT. Get in touch with head of support SUNG CHOI.Beleive me this guy is from pluto.Bucket lood of ShxxTs. Wont reimbused me. Please compare FXCM,IG,CMS no brokers drop to that level. only down to around 0.88. IC MARKETS IS A BUCKETSBROKERS.

andrew medan   3 February, 2015  

Believe me , stay away from this broker ,

andrew   3 February, 2015  

Hi, my name is mary simpson. I have been using IC Markets for 2 years and find them to be the best Aussie broker. I like the low spreads they offer and very fast deposit and withdrawal service.

Mary Simpson   31 December, 2013  

Very reliable and reputable broker. Spreads are by far the best and support is excellent.

Craig Munroe   20 December, 2013  

I am happy with them. They are the best broker in Australia.

Craig   31 October, 2013  

They are a very big and reputable broker. Very well known fohaving tight sreads and good servuce.

phil   15 September, 2013  

I have an account with them and im happy. They are the biggest forex broker in Australia so I feel very secure. Spreads are low and they are perfect for scalping.

Samuel   26 July, 2013  

I would rather not trade with IC Markets because they do not have any office in my country. They are operating only online from abroad. If anything goes wrong with them in future, this will be impossible to get back deposit from them.

Patrick   8 July, 2013  

With popularity of FX trading moving higher, the demand for the services of the dealing desks and brokerage companies grows subsequently. Thus, the question of making the right choice of a broker constantly remains on the agenda.

In most cases difficulties are experienced by the forex beginners who are unaware of some aspects of the broker's trading operations, therefore new clients tend to seek help from mature fellow traders. We provide an opportunity of getting acknowledged with professionals' viewpoints and learning about their experience of trading with many various brokers.

Of course, it is not wise to make a final choice of a forex broker based just on other's opinions; however, comments and reviews about IC Markets shed some light on how responsible the brokerage company is, and what is the level of the services offered. When making a choice you may seriously take into consideration the amount of happy or unhappy comments about the broker that you have looked through.

Reviews about IC Markets that are presented in this section may be of different kind: positive, negative, or neutral. All of them have been checked by our moderators for objectivity, but responsibility for their content remains completely with their authors.

We recommend that forex 'freshmen' read all the reviews carefully before making a final decision about a broker to open an account with.


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