When choosing the best Forex & Stock CFD broker and charts to trade the markets with, there are some major criteria that you always need in a broker.

A lot of brokers do not meet these standards and most traders don’t know what they should be looking for which sees them land with a broker they really wish they hadn’t.

We have looked through and tested a huge range of brokers all around the world that have a wide variety of offerings, account types, charting platforms and regulations to see what the best offerings are.

Get Free IC Markets Account Here

 

What to Look For in a Good Forex and Stock CFD Broker

The crucial elements a broker should have are;

  • The best charts for price action and other strategies including EA’s/indicators
  • Regulation
  • Good pricing including different account types.
  • Great support
  • Negative balance protection.
  • Good charts and mobile platforms are a must
  • Fast and convenient deposit and withdraw options.
  • Systems and platforms kept up to date – including with security
  • Many markets for trading opportunities

 

Who are IC Markets?

It is hard to find brokers that are fully transparent, have no other sneaky hidden fees and hold client funds (your money) in secure segregated accounts, but that is what IC Markets offers.

Pros of IC Markets

  • Leverage up to 1:1000
  • Spread as low as Zero pips
  • Negative Balance Protection
  • Exclusive market analytics
  • Fast order execution

Cons of IC Markets

  • US Traders Not Accepted

IC Markets is one of the biggest brokers in the world that provides trading solutions for active day traders and scalpers as well as traders that are new to the Forex market.

They have won a lot of awards, including for their support, low prices, and overall broking.

Their trading volume is trillions of dollars every single month and they have over 180,000 active traders worldwide.

ic markets offer

IC Markets offers some of the smallest trading costs around along with the some of fastest trading execution times in the world.

IC have a strong emphasis on competitive spreads and commission charges that are provided by their non dealing desk trading platforms.

IC Markets also offers the latest trading charts that you can download and use on desktop, android, iPad and iPhone.

  

IC Markets Regulation

Simply put; many brokers are not regulated so they don’t have to face the strict rules that come from regulators.

This is a real worry for traders and anyone who has a problem with their broker. These brokers are held to far less stringent rules and do not have a watch dog making sure they do the right thing.

In many cases unregulated brokers segregate your funds from the company funds. This means that your funds are mixed with that of the broker and are not audited to make sure they are safe. These are real worries.

IC Markets is regulated throughout the world. This includes being regulated with ASIC, the FSA and also by CySEC.  

  

What are the Features of IC Markets?

  • Ultrafast trade execution  
  • Access to Tier 1 Bank Liquidity 
  • Leverage up to 1:1000
  • Spread as low as Zero pips
  • Hedging
  • Scalping 
  • EAs
  • Swap free Islamic accounts 
  • Free VPS Service 
  • Award-wining exclusive market analytics and signals

Get Free IC Markets Account Here

 

What Markets Can be Traded With IC Markets

A look at the trading markets available and you can quickly see that almost every market a trader could want to trade is available from;

  • Forex – From the major like EURUSD to all the cross and exotics FX pairs.
  •  Indices – Stock indices ranging from the US30 through to the UK100.
  •  Precious Metals – Such as Gold, Silver, Oil and Platinum.
  • Stock CFD’s – Stocks such as Apple, Amazon or Boeing.

 

IC Markets Account Types

IC Markets offers multiple account types with fixed and variable spreads.

Standard Account 

Minimum starting deposit of just $200. Good for new traders. Variable spreads with no commissions.

Raw Spread Account

Good Spreads that are very low. Commission is $3.50 per trade.

cTrader Account

Smaller spreads that start from 0, but you will pay commissions each trade of $6 per standard lot. 

IC Account types

IC Markets Platforms: Desktop and Mobile

The most popular charts by far in the trading world are MT4.

The simple reason for this is because they are incredibly reliable, can be used for very small to very large trading, can handle all sorts of trading from price action technical analysis, right through to complicated indicator and EA strategies.

MT4 charts can be used on PC, Mac, iPhone and mobile and can also be synced in so you are using the same charts in your phone that you are using on your computer.

They are incredibly lightweight and easy to use. And they are free!

IC Markets offer traders free MT4 trading platforms that can be downloaded and used on PC, Mac and also phone / iPad.

They also offer MT5, cTrader and TradingView.

 

IC Markets Deposit and Withdrawal Options

IC have a wide range of fast and flexible deposit and withdrawal options that include;

  • Debit/Credit Card 
  • Wire Transfer 
  • Paypal
  • SKRILL/Moneybookers 
  • NETELLER 
  • WebMoney 
  • Fasapay 
  • Klarna/Sofort for European clients under CySEC 

 

NOTE: IC Markets does not charge any additional fees for deposits or withdrawals like most other brokers.

 

Start Demo / Real Trading

When you signup to IC Markets you will gain access to their free demo platform charts as well as be able to open your live account.

You can now start practice trading with virtual money just like you would in the real markets.

When you are ready you can then begin using your real capital to trade yourself.

Get Free IC Markets Account Here

 

 

IC Markets FAQs

Is IC Markets Regulated?

Yes, IC Markets is regulated around the world by top tier regulators including ASIC, FSA and CySec.

 

What Account Types Does IC Markets Offer?

IC Markets offer multiple accounts types with fixed and variable spreads.

 

What Platforms Does IC Markets Offer?

MT4, MT5, cTrader and TradingView for both desktop and mobile.

 

What is the Minimum Deposit?

$200 USD

 

Does IC Markets Offer a Free Demo Account?

Yes, you can try their free demo right here.

 

Conclusion

Your broker selection is key to becoming successful. You need a broker you can trust and do not have to worry about.

IC Markets has now been around since 2010 and has a huge offering for all trader types.

The fast trade execution times, small spreads and trading costs along with their great trader support is why they have so many active traders and are so popular.

Get Free IC Markets Account Here

 


WikiTrader
WikiTrader

If you don’t use the best trading tools, brokers and systems, then you are putting yourself at a large disadvantage to your fellow traders. I research, test and trade with the latest and best brokers, signal providers and trading tools to help you find out what works best.