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Table of Content
2. Detail Review
3. IC Markets ECN Module
4. Unique Features
5. Trading Account Types
6. Forex Trading Platforms
7. Regulation Institutes
4. How to open IC Markets Demo Account
5. How to open IC Markets Live Account
IC Markets Overview
Company Name: International Capital Markets PTY. LTD.
Head Office Address: 6/309 Kent St, Sydney NSW 2000, Australia
Telephone: +61 (0)2 8014 4280
Customer Support: Live Chat, Email, Telephone, Call back
Website Languages: English,中文, 日本語, Россия
Maximum Leverage: 1:500
Minimum Deposit: $200
Broker Catagory: Non-Dealing Desk, ECN
Swap free accounts: Available
Demo Account: Unlimited period
Regulated By: ASIC
Clients Money Handling Banks:
1. Australian Banks, National Australia Bank (NAB)
2. Westpac Banking Corporation (Westpac)
2. True ECN (Recommend)
4. Islamic/ Swap Free
1. Metatrader 4
2. MetaTrader 5
1. Free Advance EA Pack for MT4 (Very useful for MT4 Traders)
2. Daily Technical Analysis
3. Forex Calculator
5. EA LAB
6. Zulu Trade
7. Myfxbook Auto Trade
Deposit Methods and Withdrawal Methods:
|#||Deposit Methods||Withdrawal Methods|
|4||Bank Wire||Bank Wire|
|10||China Union Pay||China Union Pay|
|12||Thai Internet Banking||Thai Internet Banking|
|13||Broker to Broker||-|
This broker has relationships with many of the Top FX brokers allowing you to transfer money directly to IC Markets account from existing Forex broker. This method saves your time and costly bank fees.
IC Market Detail Reviews
IC Markets is a Non-Dealing Desk, True ECN Forex Broker that is rapidly becoming popular in the world. The International Capital Markets Institute that was commenced in 2007, is a company with an extensive experience in dealing with the Forex Market. The head office of the IC Markets is located at Sydney, Australia. Forex Traders in the world have confidence when dealing with Australian Forex Brokers. The transparency in their processes is the major reason. If you access any of their websites “about us” page, you can see that they have disclosed all the information about them, to the clients.
IC Markets ECN Module
Since it is one of the online Forex Broker companies that introduced the ECN technology to the world, they are quite an advanced company among Forex Brokers in terms of technology. A unique feature of the ICM is that the spread is zero.
The servers of the ICM MetaTrader 4 and cTrader platforms are located in the NY4 and LD5 IBX Equinix Data Centers in New York and London. These Data servers are renowned to have world-class security and speed. The execution time is also very less.
You already know that the prices of the Forex Market depend on the Inter-Bank transactions. The prices that are filled for the orders of the clients by the ICMarkets Broker, is exactly the same as that of the Inter-Bank Market. This ECN system acts as the bridge between the Retail Trader and the Liquidity provider that fills the orders of the clients. The Liquidity providers are chosen from among the Banks, Hedge Funds or among other Major Brokers. All these liquidity providers assign different prices to the orders at the same time. Since they provide competitive prices, the spread of the ECN brokers is very less.
Unique Features in IC Markets Australian Forex Broker
Advanced Trading Tools for MetaTrader4
One of the most significant advantages of ICM broker is that you can download an advanced EA (Expert Advisers) pack to the MetaTrader4 once you register. There are many uses from them. For example, when you place a Default one click Market order in MT4, the “Stop Loss” & “Take Profit” are not being set automatically isn’t it? There is an EA in the IC Market EA pack that can make it happen. It is called the “Mini Terminal”. There are 20 such tools in it. Install it, read the guide and try to use it.
IC Markets Mini Terminal EA
ICM Advanced Trading Tools List
1. Mini Terminal
2. Correlation Matrix
3. Alarm Manager
4. Correlation Trader
5. Trade Terminal
6. Market Manager
7. Mini Terminal
8. Sentiment Trader
9. Session Map
10. Smart Lines
11. Stealth Orders
12. Tick Chart Trader
Watch a video about Zulu Trading
IC Markets EA Lab
ICMarkets have partnered with Trade View Investments company, to offer exclusive access to EA Lab and EA Analyser products, a world-class platform for algorithmic building and analysis.
EA Lab software allows Forex traders to build automated FX trading models in minutes, using advanced tools created by a professional algorithmic trading firm.
IC Markets Trading Account Types
IC Markets offers three individual accounts types for different FX traders. You can discover the features and benefits of each account in the table below.
ICMarkets Online Forex Trading Platforms
Australian Securities and Investments Commission is an independent government body that enforces and administers all the corporation laws. Laws effect for the investors, life and general insurance and banks in Australia. The intent of ASIC is to reduce the fraud and illegal practices from the financial market and products. So, that the consumers can use them with confidence and the market can perform efficiently. ASIC focuses on maintaining, facilitating and improving the performance of the industry. And by administering the law effectively, they encourage the confidence of the investors and consumers. ASIC can even provide the information about the companies that are available to the public as soon as they become practicable.
How to open IC Markets Demo Account
Visit the website www.icmarkets.com
Click “Try a Demo”
Fill your name, email address, country, and your contact number. Make sure you provide correct information because if you require to open a Live Account later, it will be difficult to change these details. If you require to change, you will have to make a request from an e-mail.
Fill necessary fields and click “PROCEED”
Congratulations! You have opened up a Demo Account in no time.
How to open ICMarkets Live Account
Visit the website www.icmarkets.com
Click “Open Account”
Fill in your name, email address, country, and contact number. Again, provide them with correct details because you require to upload documents to prove your identity and address. Therefore, make sure you fill in the information exactly as it is in the documents. It is difficult to change these details once submitted as you need to make a request from an email.
Fill in your address, birthday, country, and account type
Choose your Platform, Account type and Base Currency.
True ECN – Zero Spread but $3.5 commission per Lot (One way)
Standard – Zero Commission but spread available.
Answer the questions.
Congratulations! We have opened up a new IC Markets Live Account. Once you upload documents, the account will be fully activated.