Icmarkets

IC Markets Overview

IC Markets is an Australian trading broker established in 2007 with its main office located in Sydney and has since moved into becoming one of the biggest trading brokers. It is an ASIC certified real ECN broker that provides trading services to institutions and retail customers across the world.

IC Markets offers traders worldwide access to trade hundreds of trading instruments across several markets, using the two most well-known trading platforms, MetaTrader 4/5 and CTrader. Trading instruments comprise Forex, Commodities, Cryptocurrency shares, stocks, Indices Metals, Energies, Bonds, and CFDs

The IC Markets management team come from a background in finance, with many years of experience in Asia, Europe and North America. With this experience, they are traders themselves they have a solid understanding of the needs of traders and therefore choose the most suitable possible solutions using some of the most reputable and hand-picked liquidity providers (LPs). The addition of new LPs is happening regularly to ensure that the conditions remain among the most favorable for traders.

IC Markets are well known for their low latency connectivity and high liquidity. Online traders are able to access large liquidity pools that offer superior prices that were previously only accessible to banks and wealthy individuals. Their ECN model utilizes the most advanced technology, offering low spreads and huge liquidity for quick trade execution.

ECN technology permits IC Markets to aggregate all of its LPs in order to create an order book that is able to sort and classify prices in real time in order to give the best price for its customers. This results in competition among LPs in order to provide lower rates and to meet the current requirements of traders for close spreads, large pool of liquidity and transparency,, anonymity in execution, as well as low latency and slippage.

The real ECN connectivity permits traders at any level to trade liquid of institutional quality that comes from a wide range of large LPs like hedge funds, investment banks and dark pool venues. There are more than 50 LPs that do not have a dealing desks, which means traders are able to access real-time spreads and execution speeds with no price manipulation charges for requotes, or hidden fees. This makes them among the most reliable brokers for traders who trade in large volumes and day traders as well as scalpers.

IC Markets has an average speed of execution of less than 35ms, with a low-latency fiber optic cross-connect with LPs. Order matching engines, located in the Equinix New York NY4 data centre handles more than 500k trades on behalf of clients each day, with a total of US $15 billion worth of trades executed daily through IC Markets. In the words of Finance Magnates IC Markets is the biggest forex broker worldwide in terms of the volume of forex (excluding Japan). They also offer a free low-latency virtual private server (VPS) for clients.

IC Markets mission is to provide the most optimal trading conditions, so that clients can focus on their business in complete confidence and transparency. The core values of the company are based on integrity honesty, trust and fairness. This is confirmed by their 9/10 ranking on TrustPilot.

IC Markets Platforms

IC Markets offer the MetaTrader 4, MetaTrader 5, and the cTrader platform. They are the three most popular and user-friendly trade platforms currently available. It is the True ECN trade model has been built into all platforms, and is free for traders of all levels. Trading while on the move is accessible via tablet and mobile applications. This is beneficial for people who require access to their accounts and manage their investments traveling from anyplace around the globe, provided they have internet access.

Virtual Private Server

An Virtual Private Server (VPS) allows you to run your trading platform on the cloud. It lets traders implement automated trading strategies all day, seven days a week with the best possible connection with your IC Markets trading servers. This is beneficial for people who don’t have the highest speed internet and for those looking to automate systems that require to be running round all hours of the day without having to keep the computer at home to be on.

IC Markets Summary

The IC Markets authentic ECN model implies that they offer the most favorable trading conditions for any level of trader worldwide with low spreads, as well as rapid execution.

There’s a broad selection of trading tools and user-friendly platforms to meet the needs of a variety of every trader. Traders can access free access to a library of learning tools and highly useful trading tools that provide an easy trading experience.

The broker offers 24/7 customer support and feedback from customers is extremely positive, with an outstanding TrustPilot rating. IC Markets strict regulation also provides clients with confidence that they’re trading with a reliable broker.

Between 74 and 89 percent of accounts of retail investors have losses when trading CFDs. It is essential to know the way CFDs operate and if you are able to afford the chance of losing your money.