All Customer Reviews & Comments about IC Markets Forex broker
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.
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
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.
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