| GENERAL INFORMATION | |
|---|---|
| Broker Name | ICMarkets |
| Broker Type | ECN Forex |
| Country | Australia |
| Operating Since | 2007 |
| Regulation | ASIC-Australian Securities and Investments Commission |
| Address | Level 6 309 Kent Street, Sydney NSW 2000 Australia |
| Broker Status | Regulated |
| CS Phone | 61 02 2014 4280 |
| CS Email | support@icmarkets.com |
| Languages | English, French, Spanish, Portugese,Dutch, Indonesian, Korean |
| Availability | 24/7 |
| Trading Platforms | MetaTrader4,Metatrader5,Ctrader,Web Trader |
| WEB TERMINAL | |
| Trading Platform Timezone | GMT & AEDT |
| Demo Account | Yes |
| Mobile Trading | Yes |
| Web based trading | Yes |
| Bonuses | N/A |
| Other Trading Instrument | Cryptocurrency, Future,Bonds |
| ACCOUNTS | |
| Minimum Deposit | N/A |
| Maximal Leverage | 1 is to 500 |
| Spread Variable | N/A |
| Scalping Allowed | Yes |
| ICMarkets Broker Reviews
Comments Rating
( reviews)
|
|---|
| IC Markets packs a lot of features that surely satisfy any trader’s need in terms of trading. To cut to the chase, it’s almost a full-packaged broker that gives you basically everything you need when trading. For instance, it doesn’t only offer one, not two, but three main choices on platforms. It offers MetaTrader4, MetaTrader5, and its very own platform, cTrader. IC Markets also provides very low spreads, starting at 0.0 pips. That’s something many traders want when it comes to their trades. As it brags on its website, this broker makes trading easily accessible to everyone. Let’s dig deep into this broker’s most notable features. IC Markets Notable Feature/s: Platforms, True ECNFirst off, this broker caters to almost all kinds of traders. It offers MetaTrader4, which is suitable for forex traders. It also offers MetaTrader5, which is suitable for other markets aside from forex. And it also packs its very own trading platform, which offers more features you can take advantage of. The MetaTrader4 platform allows an investor to use various tools for his or her trades. It’s also compatible with mobile devices, so it’ll be easy for you trade on the go. It has charts, indicators, and tools you can use to make better trades. Meanwhile, the MetaTrader5 platform is just like the MT4, but with a lot of additional functions. It sports more charts, indicators, and tools for more assets. It also has more market and stop orders, plus better charts. This is why more traders like it: it lets them trader better in other markets. cTrader, on the other hand, serves as a tool for True ECN Connectivity. It has unique features and design, making it the top platform for discretionary forex traders. IC Markets has multi-bank liquidity, which is what a lot of traders are going after. You can use leverage of up to 500:1 with ultra-fast execution. All these make cTrader a very preferable alternative to MT4 and MT5. What do we think?IC Markets strives hard to attract as large a client base as it can with its features and service. That’s easy to see. Just take a quick tour around its website and you can find a lot of offerings fit for a serious trader. The platforms it offers are superb. You can maximize your chances of making winning trades just by carefully using all the tools available on them. Also, IC Markets is a true ECN broker, which we think is what makes it more serious about catering to trader’s needs. Overall, if you want to trade with a flexible broker and with great trading conditions, IC Markets is an excellent choice. |
For more news updates, visit our homepage now and see our latest news article. Want to learn more about trading? Visit our education page now and learn for FREE!
Patient and helpful
I am new to forex trading but they have patiently helped me understand all the things I need to learn regarding forex. I haven’t seen some results yet, I will give them a month and see how it goes.
Did you find this review helpful? Yes No
Withdrawal is very slow
I have been trading for several years now and of all the brokers I have dealt with, this one is the worst. Withdrawal is very slow.
Did you find this review helpful? Yes No
Bad customer service
They said that their customer service is 24/7 when I first activated my trading account but I am a bit surprised,I can’t call anyone to help me, no email and chat replies also. Bad customer service.
Did you find this review helpful? Yes No
Slow withdrawal process
They are very slow in processing withdrawals, you will have to wait long for them to credit money on the bank account.
Did you find this review helpful? Yes No
Super slow withdrawals
Super slow withdrawal process. I even though I got missing withdrawal because I have waited for weeks.
Did you find this review helpful? Yes No
Long wait for withdrawals
Superb customer service. I am only frustrated with thier withdrawal process, very long wait.
Did you find this review helpful? Yes No
Horrible company
Horrible company. I keep calling back to check on my delayed withdrawals.
Did you find this review helpful? Yes No
Terrible broker service
The most terrible broker service. Rude and arrogant staff and withdrawal take forever.
Did you find this review helpful? Yes No
Complicated trading platform
I haven’t had my first withdrawal yet, I have just joined them last week. In my first week I am having a hard time with thier trading platform. It is very complicated.
Did you find this review helpful? Yes No
Brokers are pushy and harassing
Trading terms are okay. Signals are good as well but the brokers are very pushy and sounding harassing.
Did you find this review helpful? Yes No
Unprofessional
Very unprofessional. Callback set up is never met. Most of the time I end up waiting for nothing.
Did you find this review helpful? Yes No
Do not open an account with this broker
Do not open an account with this broker. They do not have anything good to offer you.
Did you find this review helpful? Yes No
I will never trade with them again
I will never trade with this broker again. I can’t imagine what kind of people are working behind the company. They are very unhelpful and rude.
Did you find this review helpful? Yes No
Low customer service
Broker with very low customer service. They don’t even reply on emails and chat support has the only autoresponder.
Did you find this review helpful? Yes No
Will not trade with them again
This broker service provides misleading information and poor signals that result in great loses. I will never trade with them again.
Did you find this review helpful? Yes No
Slow withdrawal
Withdrawal is oh so slow! I even had a hard time asking for withdrawal approval. This could have been a great broker because they provide good signals.
Did you find this review helpful? Yes No
Do not use their services
This forex broker is very persistent to make people invest money with them but will eventually let you lose all your money in a snap just like how I lose mine. Do not use thier services.
Did you find this review helpful? Yes No
Terrible broker signals
The most terrible broker service. Faulty platform and poor broker signals.
Did you find this review helpful? Yes No
Rapid price change
I have traded with this broker in the past. I have closed my account due to a rapid price change. They always surprised me with the price increase.
Did you find this review helpful? Yes No
Not happy with trading terms
I am not happy with trading terms. They will offer good terms at the start but will eventually keep on changing it becoming worse as time passes by.
Did you find this review helpful? Yes No
Delayed withdrawals
Withdrawals here comes with great delay. Aside from the delay, it is very difficult to secure approval on withdrawals.
Did you find this review helpful? Yes No
Very risky to trade with this broker
Good trading terms specially leverage but very risky to trade with this broker. I was convinced to trade with them due to good leverage however I’ve got greater losses compare to my previous broker.
Did you find this review helpful? Yes No
Missed opportunities because of technical errors
Their system is always down most of the time. I have missed so many opportunities just because of some technical issues.
Did you find this review helpful? Yes No
Lost huge amount of money
Incompetent brokers and customer service. I have used their services and losses a huge amount of money.
Did you find this review helpful? Yes No
I have noticed price manipulation
I have used this broker services in the past and I noticed that there is price manipulation. So I immediately closed my account. In only a month-long of trading I have lost huge money.
Did you find this review helpful? Yes No
Missing withdrawal
I have been waiting for my withdrawal, it has been over a week and still did not get my money. I will surely close my account, withdrawal is ridiculous.
Did you find this review helpful? Yes No
Worst broker I've ever had
I’ve dealt with so many brokers in the past and this is the worst broker I ever had. Customer service is unavailable most of the time.
Did you find this review helpful? Yes No
Can't communicate well
Signals and instructions aren’t clear and are very difficult to follow. Brokers and customer service can’t communicate well.
Did you find this review helpful? Yes No
Complicated and long process of withdrawals
I have a lot of complaints about this broker service and the worst that I can think of is the very complicated and long process of withdrawals.
Did you find this review helpful? Yes No
Super slow withdrawal process
Super slow and frustrating withdrawal process. This has made me decide to change them to some other broker service.
Did you find this review helpful? Yes No
Hard to contact customer service
They have great options for trading instruments to choose from. Signals are okay however the customer service is hard to contact.
Did you find this review helpful? Yes No
Just predicting market movements
These brokers are not good enough in providing signals. I lost a huge amount, market analysis is just predictive as if there is no basis at all.
Did you find this review helpful? Yes No
Rude account manager
This broker is good, I got a decent profit at least. The only reason I closed my trading account is that I got annoyed by one of the rude account managers assigned to me.
Did you find this review helpful? Yes No
Pushy and aggressive brokers
I have dealt with this broker services in the past and I really hate their aggressiveness. They are very pushy and forcing me to deposit more money.
Did you find this review helpful? Yes No
Can't contact customer service
All about them is okay except for the long wait on their customer service hotline. They publish on their website that customer service is 24/7 but I don’t think so, I can’t get through.
Did you find this review helpful? Yes No
I got the worst experience from this broker
I got the worst experience with this broker. upon withdrawal, I was asked to secure some documents from the bank and the banks won’t allow me to get those. Until now, I was not able to withdraw my money.
Did you find this review helpful? Yes No
Confusing and difficult to use platform
I am not happy with the trading platform, very confusing and difficult to use.
Did you find this review helpful? Yes No
Trading terms are not good
I can say that the trading terms are not really good at all. They will tell one thing upon account activation but turn out different on the actual trading account
Did you find this review helpful? Yes No
Cheaters, do not deal with them
Do not work with them. I requested for withdrawal and they said it has been processed and they’ve sent me an email but I got nothing.
Did you find this review helpful? Yes No
Poor customer service
An unhappy customer here. Poor customer service. They are not prompt in answering emails and chats.
Did you find this review helpful? Yes No
Long wait for withdrawals
I was just new to the service and I immediately notice something not good. The waiting time for withdrawals is very long.
Did you find this review helpful? Yes No
Aggressive and harassing
Customer service and brokers are very unprofessional. Unsolicited phone calls that are harassing and aggressive is what I don’t like about this broker that’s is why I stop using their services.
Did you find this review helpful? Yes No
Worst customer service
Worst customer service I have ever encountered. I am requesting a refund due to some errors in their system and neglect on their part but customer service is apathetic, sarcastic and rude.
Did you find this review helpful? Yes No
Slow withdrawal process
Very slow withdrawal process. It took me over a week to wait for my money and they even ask for so many requirements and told me a lot of guidelines. Everything is smooth here except withdrawal.
Did you find this review helpful? Yes No
Awful customer service
Awful customer service. They said its 24/7 however it’s as if they are uncontactable. Answers chats and emails with great delay. I’d rather choose a different broker, very unhappy.
Did you find this review helpful? Yes No
Worst experience with this broker .
Here’s my worst experience with this broker. They shut down all of positions and named it as “margin call.” But considering that I have a free margin of 50% equity. And in frequent times, my positions just disappear without even a message. I need an explanation for this or else I will end my trades here soon enough
Did you find this review helpful? Yes No
I will keep you soon update about my progress in this broker
I recently opened a live account here. I will keep you soon update about my progress in this broker.
Did you find this review helpful? Yes No