IC Markets – Forex Broker Rating and Review 2021

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
PAMM
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
STP, $
Standard account, $ 200
Mini 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

Hello, new traders. All negative comments are totally wrong. Me and my all friends work with ICMarket. We have not got any problem yet. Withdrawal are coming on time and even spreads are very low and customer support are well. These negative comments are from other brokers. Right now ICMarket is Number 1 in the Market. ICMarket have Australian license. No other brokers have this. This license is not easy to get. Scammers brokers can't get this license. That's why they make negative comments.

Trader   14 April, 2021  

They graph long wicks to hit your stop loss.

Amer Hameed   27 March, 2021  

6 business days ago i made a wire transfer to ICmarkets accounts with the correct informations on the ICmarkets website, and until now they dont recognize my deposit on their accounts, (even sending them the Swift receip). My bank told me that the swift didnt had any "error" return from theire banks after 48h this means that the operation went ok, and even so, they dont know where the money is. My bank had to open an Internal Investigation request on "JP Morgan Chase" and "Royal Canadian Bank" to try to identify where the money is, because ICmarkets are not giving me the correct support on this. I already opened 2 support tickets with Account teams. And they only answered me at the first one asking me "to wait" with no timeframes. The second ticket they didnt even answer it. I called them, and they told me the same thing "we will follow this as priority status to account team" and when i ask a timeframe for this feedback, they told me "we cannot offer you a timeframe", so i guess i need to wait for somethign to happen, with no perspective from theire end on how long i need to wait. This is something very disapointing, because it make something to appear very clearly, they are a mess. I am very sure when it comes to clients money managing, you need at very minimum a SLA support system giving somethign solid to the customer to hang on, at least a timeframe. Somethign they clearly dont have. If this is not solved in couple of day, (how long it should to check your bank accounts right?) I will make a complain on all the regulatory agencies they are listed as well.

Paulo Soares   24 March, 2021  

Ic Markets caught red handed manipulating Bitcon over the weekend, even promised to refund the traders who lost money. Their excuse being they are investigating. None of the broker had that long wick that stopped out the traders, only IC markets. Samething was done with Gold in the past. The time I heard that they are acquiring licence one of those Islands, u knew they are up for Market Maker games. Later heard some unconfirmed rumours that they are broke, that was enough for me.

Frank Ledwaba   16 March, 2021  

Guys, I opened my account with ICmarkets last month and my first withdrawal is already being paid into my account, but it was not easy getting my money. so I really don't recommend this broker. You spend lot of time with the withdrawal unlike other brokers.

Tefo   11 March, 2021  

ICmarkets is a scam, I have been trying to withdraw my money for months.

Tefo   3 March, 2021  

Feeling sick reading all these comments, this company have already started sending mixed messages regarding my withdrawl. I have other friends invested in Forex through this company, and if i don't get my money, i will be advising them also to remove all there money. I will keep this page updated with how its going, in all truth.

Bruce   24 February, 2021  

Guys, It is bad that I am just reading this review. This company is a total scam. For funding and the platform activities are good but what is the point if you cannot withdraw your money from the platform. This is my case now, I cannot withdraw my funds. Even they sent me a confirmation of transfer, when I checked and called NETELLER, they are no money coming in. days now and I am asking them to fix this. To prove that there are no technical issues, I sent 20 USD from NETELLER to the IC market and it was funded in less than 1 minute. 18.000 USD is just stuck there now. I am planning to follow legal actions, call the FCA, FSO, and even follow a legal action in the court against them in Malta for (EU) accounts. I will make my life purpose to send them out of business these scammers.

Anonymous   11 February, 2021  

I can confirm the above. 1000 excuses to not pay out funds. Complete scam.

colin   11 March, 2021

Ic market are really scam guys, once you deposit your money you can't get it back with your profits, have been trying to withdraw my money for weeks now.

Tefo   1 February, 2021  

This company are absolute losers. they increase spread during opening okay we know this so we cater for it however they then decreased it 30 min later then I reduce my stop incase of global events not dirty scumbag brokers then what do they do they back up the spread litterally a few minutes after by 10 points and knock out my position which I had already planned and anlalised to keep open as the gbp as going to drop which it duly did howver they stole my money. Awful. avoid these scammers!

trader   24 September, 2020  

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Reviews Rating IC Markets - 3

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