Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

All Customer Reviews & Comments about IC Markets Forex broker

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Howard Freeman 03 January 2023

Advantages: Variety of payment options

Disadvantages: High minimum deposit

Comment: Well, there are many payment options, and I'd say that's the only advantage. I've been working with this broker for four months, and I can't say that choosing this broker was the best option for me. There's a high deposit, especially for novice traders, and to be honest, it's not worth it. I didn't manage to profit while working with this broker, even though I'm not a beginner in trading, and the platform there is not the most convenient, that's why I'll rate this broker only three stars. But maybe someone will find this broker pretty good to work with, Idk, it just wasn't really for me.

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Zach Phillips 12 December 2022

Advantages: Increased order processing speed Low spreads

Disadvantages: No

Comment: I have been trading in two companies all year, and I opened an account in the company for testing a broker and the amount on the account was only $ 200. The account type was chosen by the master. I studied the positive aspects that traders wrote about the broker and decided to check. But in practice, the attitude of employees to the client turned out to be much better than I had met before, now I transfer the balance of all funds only to this broker. The quality of service in all aspects is much higher! I want to start in the new year with this broker as my main broker and, most importantly, reliable.

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Marcel Lawrence 07 November 2022

Advantages: Funds are stored safely and securely in isolated bank accounts Support works around the clock

Disadvantages: The broker charges a commission on each order

Comment: They have enough advantages, starting with trading conditions and ending with a convenient and fairly fast withdrawal. Personally, my longest withdrawal took 7 days and it was only once. They have been on the market for a very long time, and this speaks volumes. Most companies that have been working for 5 years or more value their reputation very much. In addition, the broker offers very interesting investment opportunities, in fact, even the most novice can invest and you can start with just $ 100

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Mateo Robertson 11 October 2022

Advantages: Membership in the Investor Compensation Fund is a guarantee of protecting the interests of the client in case of disputes Availability of a CySEC license No restrictions on trading strategies

Disadvantages: A small set of analytical tools, in comparison with some competitors No PAMM accounts Not all trading advisors work stably

Comment: The company seems to be normal and reviews about the company (by the way, it's strange that no one has written here yet) they say that they treat both clients and their investments there normally. I wanted to invest money in trust management in another company, but becoming more and more interested in this topic, I realized that it was better to manage my own finances. So I came to open an account with the company, by and large, this is my first trading account. Although the broker is new to the market, it does not have such drawbacks as delays in withdrawal or slippage of dozens of points. For this I am calm. But I don't want to judge too early, I've heard that the performance may not immediately deteriorate. I will be watching

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Heath Wade 04 October 2022

Advantages: Quick replenishment. Polite staff.

Disadvantages: Withdrawal of money. They don't help. They don't teach. They cheat.

Comment: They promised to teach you how to trade on the market. But I can say it's not easy. There is a lot to learn. The manager didn't help in any way. Only helped to drain the deposit. It is not profitable for them to teach you something. Their task is to get more money out of you in favor of the broker. Then I replenished another thousand. I will say that I stopped well in time. So addictive. As a result, after two months, the deposit is zero. Things are also bad with the output there. They are not willing to withdraw, they are delayed for two or three weeks. In the meantime, you will withdraw your deposit. Their goal is to take more money from you. Alas, I have failed, disappointed, and lost time and money. You can talk a lot about the market, there are so many subtleties, strategies, but I can say for two years I have not yet found a strategy that would bring profit. I continue to study, but without this broker. It's not clean. And don't expect help from him. There are normal brokers who value their reputation, but they immediately talk about the risks in the financial market and do not force or persuade anyone, but any broker wants to enrich himself on not experienced traders. Thank you for your attention.

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Dennis Garner 09 September 2022

Advantages: A convenient terminal with impressive functionality and a simple interface Fast execution of transactions Simple verification A large number of assets Favorable trading conditions Demo account

Disadvantages: Insufficient communication channels with technical support

Comment: A very convenient broker in terms of technical issues. I like their app. I have set up push notifications, now I don't miss a single movement in the market for the assets I need. And it's convenient, you don't have to constantly sit at the computer to guard, the functionality is no worse here.

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Matthew Long 12 July 2022

Advantages: I didn't find it for myself

Disadvantages: See comment

Comment: Last year, because of their night rollover (they interrupted trading at night for 10 minutes), I lost about 10 kilobucks a day. I transferred part of the funds to another broker. Now I regret that not everything. Before the referendum in England, they changed the leverage not only for the pound, but also for the euro. On my account, this will be a 50-fold decrease (from 1:500 to 1:10). That is, for an open position, I need to increase the depot by at least 7000 USD. Since there is no such money now, I will close orders with a loss of about 3000 USD. This is despite the fact that many brokers have only introduced a limit on the pound and then up to 1:25. This is definitely directed against traders. Many will face a stopout, since the EUR USD pair is the most popular. It is necessary to leave such brokers unequivocally.

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Brian Kelly 06 June 2022

Advantages: Favorable trading conditions High-quality analytics Large selection of assets Low spreads Terminal reliability Affiliate Program Demo account and bonuses Copying transactions Operational technical support

Disadvantages: None

Comment: A very decent broker. There is everything you need to work — a good choice of trading tools, the ability to copy more successful traders, besides this, and you can communicate with them. A fund for cryptocurrencies has recently appeared.

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William Waters 03 May 2022

Advantages: Two-factor authentication when logging into your personal account Combines the functions of a trading platform, an exchange and an exchanger Mobile application and affiliate program Full security and open API

Disadvantages: No

Comment: Not a bad broker. The minimum deposit is quite democratic. The site is convenient. You can quickly calculate important indicators in trading. I prefer to calculate in advance how much I can earn and whether it's worth the risk. Therefore, their calculator is suitable for me. Otherwise, I didn't notice anything particularly outstanding. There are also more interesting trading conditions.

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Adam Newman 29 April 2022

Advantages: A lot of analytical materials Reliable trading terminals

Disadvantages: None

Comment: Because it offers a free demo account where customers can test the platform before registering an account, the user retention rate has increased significantly compared to other brokers. The broker also offers its clients a 100% return on investment policy in case of dissatisfaction with their client experience. This is an intriguing market that combines high-tech trading indicators and trading signals adapted using artificial intelligence technology to help investors make more profits with less volatility. In addition, they offer spreads of 0.6 points, which can be easily compared with the trading of another competitor.

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Michael Smith 02 March 2022

Advantages: Reliability of terminals Favorable trading conditions Low spreads

Disadvantages: There are no additional bonuses and contests for traders;

Comment: I can say with confidence that the ICMarkets broker is what you need. I changed my brokerage company more than two years ago, I didn't really like the relationship with the broker where I used to trade. I also started with ICMarkets cautiously. Although this company is praised, however, I prefer to believe myself. Execution of orders at a height. I trade with a grid robot, where the speed of order execution is important. For all the time, it was not even necessary to reconfigure the robot, orders are triggered for closing and opening very quickly. I recommend ICMarkets broker for trading.

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Charlie Briggs 06 January 2022

Advantages: The advantages of this broker are low spreads that can be used for hedging and trading cryptocurrency.

Disadvantages: Lack of research of the company and its services.

Comment: Using the services of this broker, I noticed that they are very helpful in trading. They helped me calculate spreads and leverage without any problems. For example, one of my trades was a bit risky, and they helped me calculate the risks associated with it before I actually placed the trade.

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Leon Hurst 04 January 2022

Advantages: Reliability of terminals Favorable trading conditions Low spreads Useful services High-quality technical support Instant execution of orders Analytics and useful materials on the site

Disadvantages: Complexity of registration and verification Delays in the withdrawal of earnings

Comment: That's the only and very significant drawback of the broker - the lack of a welcome bonus and deposit bonuses in general. Bonuses are our everything! But here they are not at all, I hope they will appear in the near future. For service and quality - set 4 - there is something to strive for and work in which direction.

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Matthew Waters 01 December 2021

Advantages: The advantage of IC MARKETS broker is that it has no spread, which means no commission, and traders can reach leverage up to 1:1.

Disadvantages: Firstly, it requires day trading because it does not offer night trades. In addition, IC MARKETS broker does not offer margin trading or short selling, although these two trading tools are popular among people who want to earn more money with less risk.

Comment: IC MARKETS broker also offers a variety of trading tools, such as binary options and forex, but many people think that these tools are not suitable.

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Peter Dinway 07 July 2021

Advantages: minimum deposit trading instruments

Disadvantages: No Bonus

Comment: The first broker I have ever dealt with. I'll go straight to the pros:
The minimum deposit is $0.
More than 400 trading instruments, including 60 currency pairs, 23 indices, there are even 10 of the most popular cryptocurrencies.
The technical support work is great. They respond within a minute.
I trade on the Ctrader (cTrader RawSpread account) platform and am satisfied with the speed of execution of transactions even during the news release.
The disadvantages are also present:
There are no bonus programs, and the withdrawal of money is not as fast as stated on the site."

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Meron Kifle 14 April 2021

Advantages: low spread, friendly website, great training resources, easy deposit and withdrawals, strictly regulated

Disadvantages: do not support tradingview

Comment: simply one of the best brokers out there

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Jash 08 April 2021

Advantages: Trading conditions are great

Disadvantages: None for now

Comment: I’ve been trading with IC Markets with a live account for 5 months now. Before this, I did demo trading for 3 months. Because I’m still in the learning phase, I don’t trade often. What I do is trade on longer frames, and so far, their conditions are convenient and competitive. No problems so far, I’m enjoying the experience.

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Bing 30 April 2020

Advantages: good ea trading

Disadvantages: withdrawal takes time

Comment: I’ve tried 4 brokers so far, but when it comes to EA trading, I recommend ICMarkets because of its raw spread account. I find ICMarkets’ prices reasonable. I mean yes, they’re a bit more expensive, but I’d rather trade with an expensive broker with reliable trading services than a cheaper one with shady trading conditions. I’m able to integrate my EA strategy with their MT4 trading platform without any problems. They should work on their withdrawal though. On average, they process withdrawals through banks in 3-5 business days which can be a bit of a drag. But other than this, ICmarkets is a good broker.

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Elison Wilon 21 August 2017

Advantages: fast result, raised 200% of my deposit.

Disadvantages: Lost first 100% I deposed, which was unexpectedly

Comment: When working with forex, I've chosen IC MARKETS broker. First of all, because it is located at China where I live. I enjoy working with this broker, my income increased fast.

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Alan 20 July 2017

Advantages: They have a good number of financial instruments

Disadvantages: Some things missing in commodities like silver

Comment: Speaking as someone with a demo account, I can't give this broker 5-stars. Most of the services provided seem like they are good, I especially like that they are a true ECN broker. The spread on EUR/USD today when the ECB meeting was going on got as high as 10 pips which is not bad. Other brokers hike spreads to 20 when there is news announcements. I was trading today when the news was coming out and my orders were filled instantly, something else I liked. However, I find some things lacking, like some popular stocks and commodities. I was disappointed they did not even have silver to trade, and I really like commodities. It seems they have focused on indices, and I was surprised they even have the DXY. Because of what they don't have, they don't get 5 stars from me, but they look really good, so I give 4 stars. When I open a live account, I will come back to tell you how it goes here

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Jack Brownlow 17 July 2017

Advantages: a fully regulated forex company with a lot of clients

Disadvantages: tight spreads

Comment: They have nice and smooth platform. Withdrawal request usually takes a little time but money gets in. You get rather good support and pretty bonuses with IC Markets.

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Mark Dickens 14 July 2017

Advantages: Big name worldwide, good regulator ASIC

Disadvantages: Short on stocks and crypto

Comment: Almost perfect broker all round, good enough for me after my past experiences with other brokers. Australia is a good regulator, first of all, that is why I chose IC Markets. The broker also had many clients and is listed among the brokers with highest daily trading volume worldwide. It's something to think about when you need a broker, because many clients naturally means there are many reasons to stay. Anyway, after my research, I started with demo account, that was in January and here's what I liked - Forex currencies are plenty, but not a lot of extras like stocks. Futures are great though, and the usual commodities are there. I made my first deposit in April and have been using IC since then with good performance. Spreads are very tight, but that is because they use commissions, and leverage is high. I would totally recommend IC markets

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Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.