IC Markets in South Africa,
Malaysia and other countries

The biggest annoying factor is financial need. It is very difficult to understand that your desires are very difficult to fulfill, and every day you have to go to uninteresting and routine work to provide for your family. According to statistics, more than half of the world's population does not earn enough to fulfill their dreams.
April 11, 2020

IC Market - a broker that you deserve

However, the modern world is a place of amazing opportunities, where everyone can achieve financial independence. To do this, you only need to collect the minimum start-up capital and have an Internet connection. We are talking about trading, which allows you to make good money almost anywhere in the world. But the path to the dream becomes possible only with a reliable and high-quality broker that provides the maximum number of opportunities. Thanks to this IC Markets review, you will learn useful information about the company.
Number of base currencies supported:
10
Products offered:
Forex, CFD, Crypto
Minimum Deposit:
$200

Features of the IC Market trading platform

Trading is a complex process with different strategies and approaches. The main principle is to make money on the change in the asset rate. The fact is that each asset (currencies, stocks of companies, currency pairs, etc.) changes its rate every second. The trader's task is to analyze the situation, predict the course of events, choose the expiration time, and make an accurate forecast. A successful deal can bring excellent profits - from 60 to 190%.

Brokers provide access to the site where the client can trade various assets (including binary options and the Forex market). Today ICMarkets clients have the opportunity to choose among many types of binary options.

  • Call/Put. The most common type, popular with beginners and professional traders. Here it is necessary to analyze the situation and determine how the asset rate will change soon. If it grows, the "Call" option is selected, if it falls - "Put". The profit of a successful bid is 40% or more.
  • In/Out. Imagine that there are two boundaries for the current price of an asset - an upper and a lower one. They form a certain sector. The user must study the information, choose a strategy, and decide whether the price will stay in this sector after the expiration time (In) or leave it (Out).
  • Touch/no-Touch. In this case, the broker designates a certain line that is above or below the current price of the asset. The trader's task is to determine if the value will reach this value over a certain period. If the "Touch" option is selected and the condition is met, the trader can withdraw money without waiting for the expiration period to expire.
  • Digital-options. The asset type is preferred by calm traders. Their priority is reliability, even with a lower percentage of profit. Digital-options have long expiration times (from a week to a month). This allows you to carefully study the market, analyze all the factors, and make an accurate forecast.
  • Turbo-options. Another type of asset, where the expiration time is from one minute to five minutes. Of course, fundamental analysis cannot be done here, and the forecast is more like a roulette wheel. But the profit here reaches large values, which makes the binary option extremely popular. Because even a few successful bets will bring huge profits.
  • Spread. The most complex type of binary option, which is popular with real professionals. Because not only the direction of price movement is determined here. The trader must indicate the exact value after some time. This requires a high level of professionalism and quality strategy, but it brings a lot of profit.

IC Market success story

IC Markets began its first steps towards success more than ten years ago. In 2007, the platform was officially registered in Sydney (Australia). Organized by experienced financiers, the company immediately set itself a clear task - to provide all traders with the same best trading conditions. The main priorities were ensuring security, providing a wide range of tools, and quality support.

Thanks to the introduction of some technological innovations, ICMarkets clients can work in the True ECN system on the same conditions that were previously available only to large institutional traders. Today, the geography of IC Markets clients, reviews of which notes many significant advantages over competitors, demonstrates representation in 160 countries of the world. Therefore, below we will consider how this Australian Forex broker managed to pleasantly surprise traders in America, Europe, and the Asian region.

Legality and regulation

A trader must have the possibility to make money legally and have confidence in the company. Broker ICMarket has taken care of this. The site is owned by International Capital Markets Pty Ltd, which is licensed by the Australian Securities and Investments Commission (ASIC). Registration number 335692.

ASIC is an independent government agency established under the Australian Securities and Investments Commission Act. The regulator is responsible for ensuring transparency and fairness in financial markets. There is an additional IC reliability factor:

  • Client money is held at Westpac and NAB (National Australia Bank), the Big Four banks in Australia.
  • Professional loss insurance at Lloyds of London, a well-known insurance market.
  • Member of the External Dispute Resolution Scheme - FOS.

Besides, the financial steps of the Australian broker are carefully reviewed by an external independent auditing firm. It produces authoritative reports that demonstrate the transparency of the company structure. This approach has allowed the site to earn an excellent reputation and popularity - many positive IC Markets reviews prove this.

Official site of the company

It is important that trading is not only reliable but also convenient. Therefore, the official website of the IC Markets MT4 platform has a nice design and high-quality functionality. There are 18 language versions available for the start page, so the entry threshold will be minimal. The registration button is available at the top of the screen, and the process will be as comfortable as possible and will only take a few minutes. This option is available to all adult users.

  1. It is necessary to click on the registration button;
  2. Indicate personal data (phone number, name, and surname, country of residence, date of birth, etc.);
  3. We recommend that you read the documents on the terms of use of the platform. This will help you learn more about the responsibilities of the company;
  4. Agree with the rules of the company and check the e-mail;
  5. Follow the welcome link to complete the registration procedure and become a new client of the company.

Convenience and safety

This is an important section of the ICMarkets review because here we will talk about security measures. The company makes sure that the trader does not become a victim of a fraud and receive the earned profit. The site has security personnel working around the clock to monitor suspicious activity and discourage fraudsters. Moreover, all of the client's data is protected using a special SSL protocol, which uses a dynamic 256-bit code. This cipher cannot be broken, so a hacker will not have access to your payment information, transaction history, etc.

Also, a professional support service works on the site 24/5, which is very convenient for a trader. In case of problems, you can call the hotline or write to the contact e-mail address indicated on the website. Experts promptly respond to requests and advise clients on issues of interest to them.

Trading training

ICMarkets MT4 platform provides clients with access to a wide range of training materials. At the bottom of the site, there is a link to a section where a visitor can read information about market news, advice from professional traders, analysis of popular strategies with their advantages and disadvantages. This approach allows you to gain a lot of invaluable knowledge and minimize the number of mistakes in practice.

Another useful option available to new clients is IC Markets demo account activation. After its activation, the user receives 10,000 virtual dollars for a deposit. This money is used to conclude transactions on any assets according to real quotes. Of course, this will not bring real profit, but it will provide an opportunity to test strategies in practice, to choose the best indicators and signals.

Account replenishment and withdrawal of funds IC Market

The broker offers the following ways to deposit and withdraw money:

  • bank cards VISA and MasterCard;
  • bank transfers and transfers from a brokerage account;
  • electronic payment systems - ¬PayPal, Skrill, WebMoney, Yandex.Money, FasaPay, BPay, etc .;
  • cryptocurrencies Bitcoin Wallet;
  • Internet banking in Thailand and Vietnam.

10 currencies are available for replenishment: American, Australian and Canadian dollar, euro, Swiss franc, British pounds sterling, etc. IC Markets minimum deposit is $200 or an equivalent amount in another currency. Funds are credited to the account almost instantly (5-10 minutes).

When withdrawing funds, you must go through the verification procedure by providing personal documents. This option allows you to ensure that the money will be received by a real user and not by a fraudster. Withdrawal takes up to 5, and in some cases - up to 10 business days. Some reviews talk about delays in payments, which is a disadvantage of the platform.

Types of trading accounts on the IC Market

Every new client gets access to great functionality. For example, he can open one of four types of trading accounts.

  • ECN cTrade. Trading with zero spreads for daytraders and scalpers. The commission is $3 per lot. But it is better to work under such conditions than in a "kitchen" without commission fees;
  • Raw Spread. The minimum spread is set here. For example, in a currency pair, it is 0.1 pips, and the commission for one lot is $3.50. This option is chosen by scalpers, daytraders, and traders who trade with the help of advisors;
  • Standard. Spread - from 1 pip, but there is no commission;
  • Islamic. An account without swaps and with a minimum spread of 0.0 pips.

IC Market Asset Types

64 currency pairs, CFDs for indices, cryptocurrencies, metals, and futures are available for trading. Trading is carried out with a stop-out of 50%. More than 50 banks and other financial institutions act as liquidity providers, which makes the trading process convenient and profitable. MetaTrader 4 and MetaTrader 5 can be used as a trading platform, as well as with cTrader. For each IC Markets account, the maximum leverage ratio is 1: 500, and micro-lot support (0.01) is supported, which allows you to increase the size of transactions and get the maximum profit.

Mobile app

Another advantage of the platform is the availability of a convenient mobile application. The client can download the IC Markets MT4 program to his phone or tablet (the application works with all modern phones and tablets with iOS and Android). Real professionals worked on the creation of the program, so it offers excellent functionality and guarantees stable operation even in conditions of a poor Internet connection. This approach allows you to earn money in any convenient place and at any convenient time.

Trading platforms

For work, IC Markets clients can use the usual MT4 or its logical continuation - MT5. Besides, it is very convenient to work with True ECN through cTrader - an innovative platform that allows you to get the most out of ECN and liquidity from many sources.

Investment managers will appreciate the Multi Account Manager (MAM/PAMM) platform, which provides a simple interface for flexible reporting and commission calculation. This makes managing multiple accounts simple and easy for IC Markets clients.

Large traders looking for the deepest liquidity and an integrated trading environment are critical of the Fix API. Its hallmarks are ultra-high-speed and zero-latency.

Besides, those wishing to invest profitably, rather than trade on their own, can use the services of Signal Trader, an advanced social platform that brings together investors and experienced traders, where you can subscribe to use their professionalism to your advantage. As the reviews left about IC Markets show, this type of service is very popular.

Another promising way of making money is Auto Trade through the popular MyFxBook service, from where you can copy signals directly to your IC Markets trading account. Reviews show that this is very convenient and takes social trading to the next level.

Automatic trading on IC Market

The platform also offers clients several automated programs that allow them to trade around the clock and with maximum efficiency.

  • Autotrading through Myfxbook. The function is intended for copying successful deals of other traders. All you need to do is open an account with Myfxbook, link it to an account with IC Markets, and subscribe to your chosen trading system. The tool is convenient because there are no hidden commissions and a statistical overview of only real trading accounts is provided.
  • Automatic trading through ZuluTrade. Traders from 190 countries trade on this site. The platform shows detailed statistics about each trader, and the order is opened on the investor's account in a matter of milliseconds after the transaction.

Conclusion

IC Markets is not licensed from an offshore country, which is very good. Traders are also attracted by tight spreads, minimal slippage, and dealing with a large number of liquidity providers. Among the disadvantages are the high commission for withdrawing funds, large minimum capital, and long processing time for requests for withdrawing money. But IC Market is still a reliable, safe, and pleasant broker, recommended for cooperation.

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