{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/learnpriceaction.com\/our-recommended-broker\/#BlogPosting","mainEntityOfPage":"https:\/\/learnpriceaction.com\/our-recommended-broker\/","headline":"Our Recommended Broker","name":"Our Recommended Broker","description":"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\u2019t know what they should be looking for which sees them land with a broker […]","datePublished":"2020-09-25","dateModified":"2024-08-22","author":{"@type":"Person","@id":"https:\/\/learnpriceaction.com\/author\/wikitrader\/#Person","name":"WikiTrader","url":"https:\/\/learnpriceaction.com\/author\/wikitrader\/","identifier":3,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/0ea5478bf32a8facb295e611de5326396acfc21a801487d6857ea9cad881afc6?s=96&d=wavatar&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/0ea5478bf32a8facb295e611de5326396acfc21a801487d6857ea9cad881afc6?s=96&d=wavatar&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Learn Price Action","logo":{"@type":"ImageObject","@id":"https:\/\/learnpriceaction.com\/wp-content\/uploads\/2018\/09\/Learn-Price-Action-Logo.png","url":"https:\/\/learnpriceaction.com\/wp-content\/uploads\/2018\/09\/Learn-Price-Action-Logo.png","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/learnpriceaction.com\/wp-content\/uploads\/2020\/09\/ic-e1750061628496.png","url":"https:\/\/learnpriceaction.com\/wp-content\/uploads\/2020\/09\/ic-e1750061628496.png","height":120,"width":257},"url":"https:\/\/learnpriceaction.com\/our-recommended-broker\/","about":["Trading Reviews"],"wordCount":1088,"articleBody":"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\u2019t know what they should be looking for which sees them land with a broker they really wish they hadn\u2019t.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\u00a0What to Look For in a Good Forex and Stock CFD BrokerThe crucial elements a broker should have are;The best charts for price action and other strategies including EA’s\/indicatorsRegulationGood pricing including different account types.Great supportNegative balance protection.Good charts and mobile platforms are a mustFast and convenient deposit and withdraw options.Systems and platforms kept up to date – including with securityMany markets for trading opportunities\u00a0Who 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\u202fmarket\u202fanalytics Fast order executionCons of IC Markets US Traders Not AcceptedIC 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 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.\u00a0\u00a0IC Markets RegulationSimply 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.\u202f\u00a0\u00a0\u00a0What are the Features of IC Markets? Ultrafast trade execution\u00a0\u00a0 Access to Tier 1 Bank Liquidity\u00a0 Leverage up to 1:1000 Spread as low as Zero pips Hedging Scalping\u00a0 EAs Swap free Islamic accounts\u00a0 Free VPS Service\u00a0 Award-wining exclusive market analytics and signals Get Free IC Markets Account Here\u00a0What Markets Can be Traded With IC MarketsA 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.\u00a0Indices – Stock indices ranging from the US30 through to the UK100.\u00a0Precious Metals – Such as Gold, Silver, Oil and Platinum.Stock CFD’s – Stocks such as Apple, Amazon or Boeing.\u00a0IC Markets Account TypesIC Markets offers multiple account types with fixed and variable spreads.Standard Account\u00a0Minimum starting deposit of just $200. Good for new traders. Variable spreads with no commissions.Raw Spread AccountGood Spreads that are very low. Commission is $3.50 per trade.cTrader AccountSmaller spreads that start from 0, but you will pay commissions each trade of $6 per standard lot.\u00a0IC Markets Platforms: Desktop and MobileThe 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.\u00a0IC Markets Deposit and Withdrawal OptionsIC have a wide range of fast and flexible deposit and withdrawal options that include;Debit\/Credit Card\u00a0Wire Transfer\u00a0PaypalSKRILL\/Moneybookers\u00a0NETELLER\u00a0WebMoney\u00a0Fasapay\u00a0Klarna\/Sofort\u00a0for European clients under\u00a0CySEC\u00a0\u00a0NOTE: IC Markets does not charge any additional fees for deposits or withdrawals like most other brokers.\u00a0Start Demo \/ Real TradingWhen 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\u00a0\u00a0IC Markets FAQsIs IC Markets Regulated?Yes, IC Markets is regulated around the world by top tier regulators including ASIC, FSA and CySec.\u00a0What Account Types Does IC Markets Offer?IC Markets offer multiple accounts types with fixed and variable spreads.\u00a0What Platforms Does IC Markets Offer?MT4, MT5, cTrader and TradingView for both desktop and mobile.\u00a0What is the Minimum Deposit?$200 USD\u00a0Does IC Markets Offer a Free Demo Account?Yes, you can try their free demo right here.\u00a0ConclusionYour 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\u00a0"}