IC Market: Forex, Fees, Apps
The company holds an Australian financial services license for financial services business in Australia. IC Market offers fast execution and services with superior spreads. It has an order matching engine, based in New York. Over 500,000 trades are processed by Equinix NY4 data center. Among them, about two-thirds of all the trades come from an automated system. According to the Forex volume, IC Market is the largest provider for FX CFD. IC Market's website showed of US$64 billion of trade in March 2019. It has over 60,000 active clients worldwide. The broker gets excellent reviews from its users, based on their trust on the platform. It offers instant account opening, along with funding to start trading in no time. There is also an option to make a Demo account, which helps the beginner trader grow the skills needed for trading on brokers. It's user-friendly and enables you to trade in minutes.
IC Market operates in various countries, excluding Canada, U.S, Israel and the Islamic Republic of Iran. IC Market does not deal with cryptocurrencies, nor does it provide digital currency exchange service. But it includes cryptocurrency as its asset to trade with, along with CFDs with other instruments. The products issued by IC Market cannot be traded or exchanged, and they enter in transactions from 'principle to principle' basis.
There is a high level of risk of losing the capital with the trading derivatives, so trade should be done with the amount, which can be afforded to be lost. This makes it unsuitable for all investors, excep those investors who know the principles of trading along with the risks involved in it. Seek a bit of advice if necessary. Before entering into a transaction with the company, read the Product Disclosure Statement of the company from their website thoroughly.