IC Markets — Forex Broker Rating and Review 2020

IC Marketshttp://www.icmarkets.com/
Status
Regulation International Capital Markets Pty Ltd. ACN 123 289 109. AFSL No. 335692
Trading software MetaTrader4/5, cTrader, webIRESS, ProDeal
Headquartered International Capital Markets Pty Ltd Level 2 / 2 Bligh Street Sydney NSW 2000 Australia

IC Markets is one of the most renowned Forex CFD provider, offering trading solutions for active day traders and scalpers as well as traders that are new to the forex market. IC Markets offers its clients cutting edge trading platforms, low latency connectivity and superior liquidity.

IC Markets is revolutionizing online forex trading online. Traders are now able to gain access to pricing previously only available to investment banks and high net worth individuals.

IC Markets management team have significant experience in the Forex, CFD and Equity markets in Asia, Europe and North America. It is this experience that has enabled us to select the best possible technology solutions and hand pick the best prices providers available in the market.

IC Markets was incorporated in Sydney, Australia in 2007 by a team of professionals in the financial services industry who were instrumental in the success of one of Australia’s largest CFD and Forex providers.

IC Markets trading information

WWW http://www.icmarkets.com/
Address International Capital Markets Pty Ltd Level 2 / 2 Bligh Street Sydney NSW 2000 Australia
Headquarters Sydney
Free phone 1300 600 644
24 hour support
Trust management
Expert advisors
Free education
Sponsorship contests, competitions
Mobile trading
Automated trading
Demo account
24 hour trading
Digits after the dot in quotes 4
Minimum position size 0.01
Pip spread on majors 1-3
Spread Type fixed
Maximum Leverage 500:1
ECN, $ 500
Standard account, $ 200
Micro account, $ 200
Popular payment methods Credit Cards, WebMoney, Wire Transfer
Account currencies USD, EUR
Available assets
Languages English
Platforms MetaTrader4/5, cTrader, webIRESS, ProDeal
Broker type
Regulation ASIC, ACN
Foundation 2007

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

Jx   9 July, 2020  

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.

Behzad   22 May, 2020  

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.

Henry   10 April, 2020  

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.

Tinus   18 October, 2019  

All the positive comments about them online are done by themselves!

Henry   20 October, 2019

Did you get it in meantime? Cant you withdraw in bitcoin then?

Ludwig Dobbelaere   15 November, 2019

Report them to the relevant authorities. May be, they will be forced to pay.

Allan   20 April, 2020

it happened to me and I called my bank and they sent me my bank details which I sent to icmarkets in less than 4 days I got an alert of usd inflow from icmarket.

Moses Alakwem   31 May, 2020

Are you sure ? why they are doing like this?

Muhammad Iqbal   2 July, 2020

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.

Anonymous   15 August, 2019  

difficult in withdraw, not recommended anymore

oliver   26 July, 2019  

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.

Oscar   30 April, 2019  

Its not the brokers fault, it can happen with any broker. When there's a very fast movement in price sometimes stop placement don't hold.

Presh   13 June, 2019

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.

Konstantine   1 April, 2019  

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

Claudius   1 April, 2019  

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

Songe Mbalo   30 March, 2019  

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Reviews Rating IC Markets - 3

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