Regulated

Score

0123456789.01234567890123456789
/10

IC Markets

Cyprus

|

5-10 years

Investment Advisory License

https://www.icmarkets.eu/en/

Website

Rating Index
Influence

Influence

A

Influence Index NO.1

Italy 4.21

Better than 99.63% exchange(s)

Biz Area

Search Statistics

Advertising

Social Media Index

Influence
A

Exchange License

CYSEC

CYSECRegulated

Investment Advisory License

IC Markets Exchange Info

More
Company Name
IC Markets
Phone of the company
+35725010480
X
--
More
Facebook
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Customer Service Email Address
clientrelations@icmarkets.eu
support@icmarkets.eu

Website

Genealogy

Social Media

Trade Type

Keywords

Time Machine

White Paper

Related Software

Github

Related Docs

All Corps

New Arrival

Trading statistics

Influence

By region

By company

Influence score

7.64 10

0

2

4

6

8

10

IT
Italy
4.21
ES
Spain
4.09
DE
Germany
3.97
FR
France
3.80
RO
Romania
3.39
CZ
Czech Republic
3.17
NL
Netherlands
3.15
PL
Poland
3.11
SE
Sweden
3.11
PT
Portugal
2.97
Data Sources WikiResearch WiKi Research
2025-01-07 Update

IC Markets User Reviews

More

8 ratings

Participate in evaluation
FX1085355279
IC Markets' trading fees are too high, eating up a large portion of my profits. What kind of fair trading is this? Moreover, their platform interface is not user-friendly at all, far inferior to others. 🙄
2024-01-24 15:32
4
0
FX1279533172
IC Markets is pretty decent. The interface is user-friendly, but the customer support could be a bit more responsive. Trading fees are fair, but withdrawal speed needs improvement.
2024-05-20 02:05
6
0
Yenni Lie
IC Markets is a top-notch crypto exchange! Their interface is user-friendly and the security is top-tier. Plus, their customer support is always ready to help.
2024-06-28 16:02
6
0
cec
The interface of IC Markets is complicated and difficult to understand, which made me very unfriendly from the beginning. Furthermore, its deposit and withdrawal speeds are unbearably slow, which is very dissatisfying.
2023-12-12 09:47
1
0
FX1424730882
I used to use IC Markets, but I was dissatisfied with the high transaction fees and the technology hasn't developed or changed at all. I don't recommend it.
2023-11-27 18:35
3
0
Ahmad Aldebsi
IC Markets has an intuitive interface that's pretty user-friendly but the customer support can be slow sometimes.
2023-09-24 20:06
6
0
snazii
IC Markets allows users to trade a wide range of financial instruments, including major, minor, and exotic forex currency pairs, as well as CFDs on indices, commodities, cryptocurrencies, and more.
2023-11-28 04:33
6
0
Grachi3727
The account opening process at IC Markets is user-friendly and fully digital. Our account was approved within a day, which is very fast.
2023-12-22 22:07
7
0
AspectInformation
Company NameIC Markets
Registered Country/AreaAustralia
Founded year2007
RegulationRegulated by the ASIC
Cryptocurrencies offered/availableBitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and more
Trading FeesStandard Accounts: Spread markup of 1.0 pip above Raw inter-bank prices; Raw Spread Accounts: $7 commission per standard lot round turn
Payment MethodBank wire, credit/debit card, Skrill, Neteller, FasaPay, PayPal, UnionPay, and more
Customer Support24/5 support, Contact Number: +35725010480, Email: clientrelations@icmarkets.eu (client relations), support@icmarkets.eu (general support)

Overview of IC Markets

IC Markets is an Australia-based virtual currency exchange that was founded in 2007. The company is regulated by the Cyprus Securities and Exchange Commission(CYSEC), ensuring compliance with financial regulations. IC Markets offers a wide range of cryptocurrencies for trading, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and more.

With a maximum leverage of 1:500, IC Markets allows traders to amplify their positions and potentially increase their profits. The exchange supports popular trading platforms such as MetaTrader 4, MetaTrader 5, and cTrader, providing users with a seamless trading experience.

When it comes to deposit and withdrawal methods, IC Markets offers a variety of options including bank wire, credit/debit card, Skrill, Neteller, FasaPay, PayPal, UnionPay, and more. This allows users to easily transfer funds into and out of their trading accounts.

Overview of IC Markets

Pros and cons

ProsCons
Wide range of cryptocurrencies offeredPrimarily focused on virtual currency trading
Regulated by CYSECCustomer support only available 24/5
Maximum leverage of 1:500High leverage ratio carries higher risks
Support for popular trading platforms
Various deposit and withdrawal options
Educational resources for traders

Regulations

IC Markets is regulated by the Cyprus Securities and Exchange Commission (CYSEC). The exchange holds an Investment Advisory License, with the license number 362/18.

Regulations

Security

IC Markets prioritizes the security of its users' funds and personal information. The exchange implements various measures to protect against security breaches and unauthorized access. These measures include advanced encryption technology, secure socket layer (SSL) protocols, and firewalls to safeguard user data and transactions.

Trading Market

IC Markets offers a wide range of trading assets across various financial instruments.

Forex CFDs constitute a significant portion of their product lineup, allowing users to engage in currency trading without owning the underlying assets.

Additionally, the platform provides Commodity CFDs, enabling traders to speculate on commodity prices such as gold, oil, and agricultural products.

For those interested in broader market movements, Index CFDs are available, representing the performance of major stock indices.

Bond CFDs offer exposure to fixed-income securities, allowing traders to speculate on bond price movements. The inclusion of Cryptocurrency CFDs allows users to participate in the crypto market's volatility without owning the digital assets.

Furthermore, IC Markets facilitates trading in Stock CFDs, providing access to shares of various companies without direct ownership.

Lastly, the platform serves those interested in derivatives trading with Futures CFDs, allowing speculation on future asset prices.

Trading Market
Trading Market

Cryptocurrencies Available

IC Markets offers a wide range of cryptocurrencies for trading, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and more.

IC Markets cTrader APP

The IC Markets cTrader app delivers a high-quality mobile trading experience, allowing users to trade various global assets, including Forex, Metals, Oil, Indices, Stocks, and ETFs.

Operating as a Direct Processing (STP) and No Dealing Desk (NDD) platform, it provides advanced technical analysis tools, detailed symbol information, and real-time market trends. By logging in with Facebook, Google, or cTrader ID, users gain access to an array of order types, technical analysis tools, price alerts, trade statistics, and customizable settings.

The app accommodates a wide range of trading interests, supporting forex, ETF investment, CFD market, and stock trading, with features like symbol watchlists and ETF trading capabilities.

IC Markets cTrader APP

How to open an account?

The registration process of IC Markets is straightforward and can be completed in just a few steps:

1.Visit the IC Markets website and click on the “Open an Account” button.

How to open an account?

2. Fill in the required personal information, such as your name, email address, and phone number.

3. Choose the type of account you want to open, such as a live trading account or a demo account.

4. Provide additional details, including your country of residence, preferred base currency, and leverage preference.

5. Agree to the terms and conditions of IC Markets and confirm your registration.

6. Verify your identity by providing the necessary documents, such as a copy of your passport or driver's license, and proof of address.

Once you have completed these steps, your account will be created, and you can start trading on IC Markets.

How to Buy Cryptocurrency CFDs ?

Here's how you can trade Cryptocurrency CFDs on IC Markets platforms:

Account Setup:

  • Open an IC Markets account or ensure you have an existing one.
  • Fund your account using one of the supported methods.

Platform:

  • Choose your preferred platform: MetaTrader 4, 5, WebTrader, or cTrader.

Add Cryptocurrency CFDs:

  • Add the desired Cryptocurrency CFDs to your Market Watch window. You can search for them by name or symbol.
  • Right-click and select “Show Symbol” or “Add to Chart.” This will display the chosen cryptocurrency's price chart.

Place an Order:

  • Right-click on the desired cryptocurrency's chart and select “New Order.”
  • Choose your order type: Buy Long (to speculate on a price increase), Sell Short (to speculate on a price decrease), or a pending order like Buy Stop or Sell Stop.
  • Enter the desired volume (number of CFD contracts) or the desired trade value.
  • Set your Stop Loss and Take Profit orders (optional): These orders help limit your potential losses and lock in profits automatically.
  • Click “Place Order.”

Fees

IC Markets Global offers two MetaTrader account types: Standard and Raw Spread.

For Standard accounts, no commission is charged; instead, a spread markup of 1.0 pip above Raw inter-bank prices is applied.

The Raw Spread account, on the other hand, displays the unaltered inter-bank spread from liquidity providers and incurs acommission of $7 per standard lot round turn. Commission rates vary for different base currency accounts, ranging from 5.00 to 9.00 round turn.

This transparent fee structure provides traders with flexibility and clarity in choosing their preferred account type based on their trading preferences and cost considerations.

Fees

Deposit & Withdrawal

IC Markets offers a variety of deposit and withdrawal methods to accommodate the needs of their users. Some of the common deposit methods include bank wire transfers, credit/debit cards, and popular e-wallets such as Skrill and Neteller.

Deposit & Withdrawal

To initiate a trading account with IC Markets Global, individuals can start with a minimum deposit of USD $200 or its equivalent in other currencies.

Deposit & Withdrawal

IC Markets allows users to trade a wide range of financial instruments, including major, minor, and exotic forex currency pairs, as well as CFDs on indices, commodities, cryptocurrencies, and more.

IC Markets is a top-notch crypto exchange! Their interface is user-friendly and the security is top-tier. Plus, their customer support is always ready to help.

The account opening process at IC Markets is user-friendly and fully digital. Our account was approved within a day, which is very fast.

IC Markets' trading fees are too high, eating up a large portion of my profits. What kind of fair trading is this? Moreover, their platform interface is not user-friendly at all, far inferior to others. 🙄

The interface of IC Markets is complicated and difficult to understand, which made me very unfriendly from the beginning. Furthermore, its deposit and withdrawal speeds are unbearably slow, which is very dissatisfying.

I used to use IC Markets, but I was dissatisfied with the high transaction fees and the technology hasn't developed or changed at all. I don't recommend it.

IC Markets is pretty decent. The interface is user-friendly, but the customer support could be a bit more responsive. Trading fees are fair, but withdrawal speed needs improvement.

IC Markets has an intuitive interface that's pretty user-friendly but the customer support can be slow sometimes.

IC Markets allows users to trade a wide range of financial instruments, including major, minor, and exotic forex currency pairs, as well as CFDs on indices, commodities, cryptocurrencies, and more.

IC Markets is a top-notch crypto exchange! Their interface is user-friendly and the security is top-tier. Plus, their customer support is always ready to help.

The account opening process at IC Markets is user-friendly and fully digital. Our account was approved within a day, which is very fast.

IC Markets' trading fees are too high, eating up a large portion of my profits. What kind of fair trading is this? Moreover, their platform interface is not user-friendly at all, far inferior to others. 🙄

The interface of IC Markets is complicated and difficult to understand, which made me very unfriendly from the beginning. Furthermore, its deposit and withdrawal speeds are unbearably slow, which is very dissatisfying.

I used to use IC Markets, but I was dissatisfied with the high transaction fees and the technology hasn't developed or changed at all. I don't recommend it.