IC Markets (also known as International Capital Markets) is a forex brokerage established in Australia in 2007, headquartered in Sydney. It primarily offers trading services for forex, indices, metals, energy, commodities, stocks, and bonds.
Company Background
IC Markets, a forex trading service provider, was registered on June 19, 2011, under the name International Capital Markets Pty Ltd, in Sydney, New South Wales, Australia, with a registration number of 123 289 109. The office is located at Level 4, 50 Carrington Street,Sydney, NSW 2000,Australia.
Regulatory Information
According to public information, IC Markets is regulated by the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Authority (FSA) of Seychelles. Non-Australian nationals will have their accounts registered under Seychelles regulation.
The Australian Securities and Investments Commission (ASIC) is one of Australia's main financial regulatory bodies, overseeing the financial services industry, including securities, futures, banking, insurance, and investment advice. ASIC's regulatory measures are often considered quite strict and effective.
The Cyprus Securities and Exchange Commission (CySEC) is the primary financial regulatory authority in Cyprus, responsible for regulating the country's financial services industry, including securities, investments, funds, and financial institutions. CySEC's regulatory measures are generally seen as strict and effective, especially among EU member countries.
Trading Products
IC Markets primarily offers trading services for forex, commodities, indices, bonds, stocks, futures, and digital currencies.
- The forex market is one of the largest and most liquid financial markets globally, involving the trading of different countries' currencies.
- The commodities market covers bulk goods, including agricultural products, energy products, and metals.
- Indices are standardized indicators measuring a specific market sector's performance, like the S&P 500 index.
- Bonds are debt instruments representing a borrower's promise to pay back the investor's debt.
- Stocks represent ownership evidence in a company in the securities market. Investors buying stocks become shareholders, entitled to a share of the company's profits.
- Futures contracts specify the transaction of purchasing or selling a specific asset at a future date at an agreed price. Futures markets cover various asset classes, such as commodities, forex, and stock indices.
- Digital currencies are encrypted digital assets based on blockchain technology, like Bitcoin and Ethereum.
Trading Software
IC Markets is renowned in the forex market for its extremely low spreads, offering trading software like MetaTrader 4, MetaTrader 5, and cTrader for users to choose from.
- MetaTrader 4 (MT4) is a forex and CFD trading platform developed by MetaQuotes Software. It provides powerful chart analysis tools, technical indicators, and trading execution functions, supporting automated and algorithmic trading. MT4 features a user-friendly interface, suitable for both beginners and experienced traders.
- MetaTrader 5 (MT5) is an upgraded version of MT4, supporting a broader range of financial instruments including forex, CFDs, stocks, futures, and options. It offers more chart analysis tools, market indicators, technical indicators, along with more flexible trading execution functions and stronger strategy testing and optimization capabilities.
- cTrader, developed by Spotware Systems, is a forex and CFD trading platform, emphasizing a clean, intuitive user interface and trading experience. It provides advanced chart analysis tools, built-in market depth information, trading signals, and social trading features, supporting automated and algorithmic trading.
Account Registration
The IC Markets official website provides links for live account registration, with the following method:
First, open the IC Markets official website, then click “Open a Real Account” and fill in the information (such as email, password, etc.) to complete the account registration.
Account Types
IC Markets offers users three account options: Ctrader account, Raw Spread account, and Standard account, all starting with a $200 deposit and offering a leverage of 1:30; both the Ctrader account and Raw Spread account have a spread of 0.0, while the standard account has a spread of 0.8; the Ctrader account commission is $3.0, Raw Spread account is $3.5, while the Standard account is $0.0; the maximum number of open orders for the Ctrader account is 2000, whereas for the latter two accounts it is 200.
Deposit and Withdrawal Methods
IC Markets accepts various deposit and withdrawal methods, including credit cards, debit cards, bank transfers, PayPal, Skrill, UnionPay, and Neteller. The platform is committed to providing traders with fast, convenient, and secure deposit and withdrawal options to ensure a seamless capital management experience during trading. Moreover, IC Markets safeguards traders’ fund security by using advanced security technology and strict compliance measures, allowing investors to trade with confidence. Additionally, for investor education, the IC Markets official website offers the IC blog, market news, online seminars, and a series of ten forex lessons.
Customer Support
For investor education, the IC Markets official website offers the IC blog, market news, online seminars, and forex ten lessons. IC Markets provides multilingual support and various contact methods, including phone support, email support, and online chat. Traders can contact the customer support team directly and immediately via telephone number +1300 600 644. Investors can also send their questions or requests to support.cn@icmarkets-cs.com. Additionally, the online chat feature on the IC Markets official website enables rapid communication with the broker.
Conclusion
IC Markets is a forex brokerage established in Australia in 2007, headquartered in Sydney. As a broker regulated by ASIC, CySEC, and FSA, IC Markets offers trading services for forex, commodities, indices, stocks, and more. Its trading software includes MT4, MT5, and cTrader, known for extremely low spreads and a variety of account options. With multilingual customer support and multiple contact methods, IC Markets is committed to providing high-quality services and support to traders.
Currently, IC Markets is marked as "Active" on TraderKnows.
