IC Markets — Forex Broker Rating and Review 2020

This broker is ***, I mean, everything works fine but they don't return your money withdrawals. They hold my money, scammers.

Their server halt made my balance negative. stop-loss in ICMarkets is actually nothing. During the Corona volatility, one Monday morning, on the Asia session, I realized my balanced turned to -600 (was 1,100+) in about 5 minutes.

I can't widraw my money at IC Markets, they are the most dangerous brokers, why because they pretend to be good one but the truth they are scammer.

For 4 months now I have been trying to withdraw from them using the same card I deposited with. I still cannot. My banker says it is IC Markets that is not sending the money and they can see an error code and IC Markets say it is my bank. I sit in the middle without the ability to get to my money. At least I am trading the whole time increasing my pile. But if I ever will be able to get to the money, time will tell. I have in excess of $20 000 that is sitting there.

I've been waiting for 12 business days and I haven't received my withdrawal. Emailed several times , accounts team kept on saying they can't give me the withdrawal receipt. I feel like they are liars and I wouldn't recommend this broker to anyone.

difficult in withdraw, not recommended anymore

IC markets did me dirty, I had a trade running with a stop loss places 12 pips away , a news event blew my account even when I had a stop loss included.

A broker who can increase the spread by 20 times is garbage. At the same time, the spread of other brokers is at least two times lower. When there is no movement in the market, they have a spread of 0, when there is movement, the spread can reach 50-60 pips.

They have been good. They changed it's Hussle to withdraw now. I think they changed to became scammers. They are among scammers now

Over the past month, IC Markets has been nothing but a disappointment. 1. I had a withdrawal processed on the 11/03/2019, Waited and waited and sent numerous emails to their Accounts team (as the live chat guys can't help with anything but choose to say "send us an email") I then waited over 7 business days to no avail. Thereafter I was sent a bank transfer receipt by their account team, and to my surprise, the withdrawal was only processed on the 16/03/2019 at 21:25 AEST time. How shocking as this was 5 days after what they had said and emailed on the 11/03/2019. 2. Recently I had two trades. Selling GBP.AUD. I am a full time trader and literally stare at my charts the whole day, the first time price reached 1.85632, all was well and the sell continued. The second time price still went to 4 pips spread and priced reached that. 1.85632 level, and yet I was kicked out. My TP was 1.8400. TP was reached 24hoyrs later and I'm still waiting for investigations to be done. On Friday, I missed out on a trade selling USDCAD of which I made $500 profit on my sisters IC markets accounts. Just serious and deliberate loss of revenue from IC Markets. Guys please refrain from using them. IC markets is no longer credible. IC markets works against traders this year