IC Markets — Forex Broker Rating and Review 2020

IC Markets are Scammers. Depositing is easy but withdrawing is horrible. They have a 1000 excuses why they can't send money back.

Bad broker. Not recommended. Stay away from these scammers. You won't get your money back.

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.