IC Markets
True ECN Connectivity allows you to trade on institutional grade liquidity from the world’s leading investment banks, hedge funds and dark pool liquidity execution venues. Executable Streaming Prices (ESP) are sent from IC Markets liquidity providers to our ECN environment where clients can trade with no dealing desk, price manipulation or re-quotes. Due to the diverse liquidity mix comprising of up to 50 different liquidity providers at any one time, IC Markets is the forex broker of choice for high volume traders, scalpers and robots who demand the tightest spreads and best execution.
• True ECN spreads from 0.0 pips
• Start with $200
• 500x Leverage
• Micro lot trading
• 77 currencies, metals and CFDs
• ASIC regulated and segregated funds
IC Markets
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Dear Support if you dont understand - SHOW ME YOUR RULES WHERE I CAN READ THAT COMPANY WILL EXEQUTE MY ORDERS (AT STADNART ACCOUNT) NOT WITH SPREAD (ASK BID) PRICES
The question is not about how big or how low spread - the question is about exeqution and at what prices it have to be
IC Market do not exequte orders by this rule:
OPEN BUY [ASK] SELL CLOSE
CLOSE BUY [BID] SELL OPEN
it show LOW Spread and exequte all with -4 pip at open and -4 pips at Close = -8 summary (maby even 10 pips..)
Guys Better SHOW bigger spread and exequte orders by Rule Exeqution
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for hard-nosed sheep i made COMMENTS in my Video : https://www.youtube.com/watch?v=laOfOJB1OXk
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Also, when you tried entering your second buy,
1) your bid price was at 101.986,
2) Technically as your account is a standard account, with minimum spread of 1 pip( Spread= Difference between "Offer" and "Bid"
3) the offer price must have been at 101.996
I'm sure you must be aware of the fact that "Buy orders are executed at the "Offer" price and sell orders are executed at the "Bid" price.
The lines shows in your platform as Bid and Ask lines may not always be correct as they may be erred due to various reasons like Templates, EAs etc. Just be sure that for a standard account the Spread will always be around 1+ pips for USDJPY irrespective of what the BID/ASK lines shown in the MT4.
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You seem to be proving the Support right, you do not even seem to understand the Basics of order execution. Let me explain you step by step, if you still do not want to understand your mistake! I can't help it.
1) Your account is a standard account, the minimum spread itself is 1 and average spread is 1.3 for usdjpy, check their spread page here http://www.icmarkets.com/forex-trading/trading-conditions/spreads/.
2)So when you entered your second buy, the price was at 101.986
3)your Buy order was executed at 101.995
4) So, the spread was 0.9 pips( Less than 1, which is their minimum advertised spread)
Can you please just explain what is wrong in this?
Please don't talk about any other hypothetical scenarios, just keep the discussion to the particular trade in the video you posted.
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if you dont understand it is your problem. reviw my video and reread my post - i posted 3 times abot spread executions if Ic Market. Not you try to do from me fool. Normal people (that do not work in IC Market ) understand my opinion.
About Ignorance - i think you choose this way and you dont wonna listen that poeple and clients tell you
I think Ignorance will be from clients to your company
This is the problem. Also realy funny about pther cpmpany that you think i work to)) I liked ECN account of IC Market and site. But support realy stoopid and to not wonna even understand problem that we descuss that. I think i will stop promo and work with IC Markets. Also funny that support think that i am new in forex and try to tell me that ASK / BID prices is not prices for orders OPEN / CLOSE.
Very funny australians good luck in your busines. I thout we can do busines together. Seems like No
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thank You! 😄
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Roller, i can only feel for your Ignorance!
I seriously don't understand what your problem is!? You uploaded a video! we tried to explain you that your order was executed well within their advertised Spread( Bid- Ask difference), but still you do not want to understand it? First of all, try and learn the basics of Forex markets like what a Bid- Ask difference/spread is before deciding to spam non stop here.
And just because we proved you are wrong, you think IC Markets will have all of us on a payroll? or shall we take it that you are being paid by competing brokers to write bad reviews about ICM?
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Well said! It's evident...
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I have as much right to post and share my opinion on line as you or anyone else, I don't want to talk to you Roller,
I'm posting as I do not agree and want people to know that you are wrong to accuse this broker as a scam.
I do not work for them and have no affiliation at all, I am just a client who lives 600 km away from their office.
All I'll add is that people make a living trading as clients of this broker.
That's it for me, good luck with your trading to all, I'm unsubscribing.
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lokk what is your problem?
i tell you twice - do ont talk with me about IC Marcet like 4 digits broker because it is only 5 digits broker
and do post 9 pips like 0.9 pips and like you dont care whan broker hide real situations or stole some pips
i think that Standart Account of IC MARKET is SCAM because price of open close order not the same like ASK BID and its hidden broker comission to fullish robots and mathematics calculations and recomend only True ECN type of this broker.
Do not talk to me any more because you WORK AT IC MARKET[/quote]
I have just as much right to say what i want online as you do and don't want to talk to you.
I'm talking to everyone that reads your posts claiming they're a scam when they are not!
I do not work for them, I have no friends there, I have no affiliation in any way, I live over 600 km away from their office.
It's at a point where people are being called stupid, there are people earning a living from trading as clients of this broker. It's time for me to unsubscribe from this thread. Good luck with your trading to all.
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i posted my video and my explain to IC Market support before postr there - they dont care... 🙄
i gust recomend people do not use that type of account because they can loose some pips like my EA did
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look people i show my video where IC MARKET do ont exequte orders by SPRED prices at STANDART ACCOUNT and 1 guy Confirm that. And i dont recomend this TYPE OF ACCOUNT to PEOPLE WHO WORK WITH EAs Calculation or scalpers
(to Surrealist, ikrbnjoshi) I Dont care what think people that represent or work for IC MARKET.
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Roller, i guess there is no point talking with you having a prejudiced opinion. Based on the video you posted! we tried to explain that your order was executed well within their advertised spreads. But you seem to be talking scenarios that we cannot see, if you could get back to us with live examples of what you are facing, we could discuss about it and come to a conclusion.
Regards
Narayan.
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If you're using a Standard account, it says in black and white per the characteristics of that account type that 1 pip (not 0.1 pips; each unit in the fifth decimal place per say EURUSD is equivalent to 0.1 of a pip) is added to the spread, in lieu of commission.
What is the problem exactly?
If you want naked spreads get an ECN account instead; you'll pay commissions but your spreads won't be incremented by 1 pip.
The bottom line is that ICM has to get some kind of compensation from executing and routing your transactions as your broker, whether it be in the form of commissions, or spread.
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your spread (ask - bid) = 1.40010 - 1.40000
but they exequte orders in 1.40020 - 1.39990
WWWWW HHHHHHHH YYYYYY ????????
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PEOPLE ARE YOU STOOPID OR WHAT ?
In Forex Market possible to trade only two way: SELL (down) or BUY (up).
SELL can be Open only by current BID / SELL can be Close only by Current ASK Prices
BUY can be Open only by current ASK / SELL can be Close only by Current BID Prices
BUT IC MARKET :
SELL can be Open only by current BID / SELL can be Close only by Current ASK Prices !!! +10 PIP !!!
BUY can be Open only by current ASK / SELL can be Close only by Current BID Prices !!! - 10 PIP !!!
I am not telling about SPREAD !!!! I TELL THAT PRICE OF EXEQUTION IS BOT AT ASK OR BID
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and do NOT post 9 pips like 0.9 pips and like you dont care whan broker hide real situations or stole some pips
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lokk what is your problem?
i tell you twice - do ont talk with me about IC Marcet like 4 digits broker because it is only 5 digits broker
and do post 9 pips like 0.9 pips and like you dont care whan broker hide real situations or stole some pips
i think that Standart Account of IC MARKET is SCAM because price of open close order not the same like ASK BID and its hidden broker comission to fullish robots and mathematics calculations and recomend only True ECN type of this broker.
Do not talk to me any more because you WORK AT IC MARKET
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Hi Matthew,
We have noticed hyperactivity on your live MT4 account, the details for this are below.
Account #: 850397
IP Address: ###.###.###.###
Server Messages: 29936
An account is considered hyperactive (Metaquotes guidelines) when it exceeds 2,000 server messages per day. Activity above this level can be harmful to the server, especially when several clients are hyperactive at the same time. The most common reasons for hyperactivity are:
1. Orders being modified by an expert advisor every tick
2. Orders being sent to the server when there is no money in the account
3. Faulty logic and or settings in the expert advisor causing over trading (and usually losses)
4. Running multiple EAs and signal copy services on one trading account
Please check your account and make the changes necessary to bring your server messages to less than 5000 per day. If we do not hear from your within 24 hours we may block your IP address to prevent unnecessary load on the MT4 server.
Kind Regards,
Doris Zhang | Asian Desk Manager | IC Markets
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Yeah, I hope what I said was not misconstrued; instead of paying $7 / RTL commission, Standard accounts have +1 pips added to their spread. This spread increment is clearly displayed and disclosed on IC Market's site per Narayan's link.
There is nothing scammy or underhanded about this.
