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 $200
• 500x Leverage
• Micro lot trading
• 77 currencies, metals and CFDs
• ASIC regulated and segregated funds
IC Markets
Overall
Hi,
There seems to be some miscommunication. IC Markets charges a transfer fee of approximately 20AUD for International Wire Transfers and No additional fees for Domestic transfers and credit card withdrawals. You should contact their support If you were charged 55 USD for withdrawals.
Best Regards
Narayan
Overall
Bad, bad experiences...
low Spread that's true, but if you want to withdrawal, then there are 55 USD (!) fee, very bad and very expensive in my opinion
Overall
I've been trading with IC Markets for more than a year now! I chose IC markets mainly for their excellent spreads, they have been consistently offering lowest spreads in almost all pairs when compared to other brokers.
I would definitely recommend IC Markets to a fellow trader, not only because of their low spreads, but also because they are leagues ahead in terms of personal customer service and support, which is a real rarity these days especially in the Forex industry.
Like most of you all, I also joined under a IB, reducing my commission to just 5.5$ per round lot.
Regards
Narayan
Overall
Best broker I've used and am using, they do still have a bit of slippage but both positive and negative, not really sure how it compares as it's the first ecn I've used. Best spreads for Australia and up there with the best in the world for retail, often I have zero spread on EURUSD but I don't like trading this pair. I'm Australian so looked locally first, makes me feel a bit more secure with our regulations.
They don't have the best support services but in saying that, I like that I don't get unwanted emails and phone calls, I'm left alone to trade how ever I want, no restrictions on how I trade.
I have attended a few of the webinars that they have for clients and found those to be very informative without the big sales pitch at the end, an example would be the differences in liquidity around news times that affect spreads, cause slippage and the speed of the market move, stuff you wont find in a place like forex factory.
NOTE - I signed up with an IB , am paying $5.50 a round turn instead of the quoted $7.00
Overall
After having been with IC Markets for about a year now, I can definitely say with confidence they're the best retail space broker I've yet tried; I highly recommend them. The relative quality of their trade environment is precisely why I became an IB for this broker!
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quite good. 😎
Overall
Mediocre broker - better than some I have tried though. Customer service sometimes lacking, though easily reached with phone in Australia.
Regulated in Australia, so pretty safe (I guess).
Main gripe: 200 maximum orders open at any time! So much for HFT systems that require lots of trades at once!
Overall
Very good broker at last. Great spreads, fast execution, positive slippage, fast wire deposits, great customer service.
Only setback lacks a web interface for MT4 accounts. Commission is a little high but at least this broker doesn't stack the deck against you & deserves to be paid for being transparent
This is a broker that doesn't false advertise. IC Markets is the best Forex retail broker I have worked with in 28 years of trading.
Truly institutional spreads for retail FX. I hope they will raise their minimums as $200 for an account could me a problem to macro manage
I rate this broker 8 out of 10 & hope they will have a web interface soon for the MT4 accounts
Overall
IC Markets good spread, low slippage, good broker
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I opened account in IC Markets April 2012.
1. Low spreads
2. Very high commission.
FXOpen NZ has better spread and lower commission
3.There are few deposit/withdrawal options.
4.There is Moneybookers to deposit funds, and there is not Moneybookers to withdrawal funds. It's really stupid.
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never find good broker like ic markets . spreads , speed , and slippage no broker can beat ic markets
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Test Axi 😉
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Have they solution for this problem? I like this broker but only I am seing in demo account.
Some new experience for this broker?
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Lousy customer service!
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Good Bróker
We can not blame it to the broker from our mistakes, we are more consistent.
Withdrawals fast and guaranteed
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Awsome broker! Service is really good and fast. Low spreads. 1,55 USD Cashback for one lot. 😎
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Has some of the best if not very the best spreads of all the retail Forex brokers.
Some slippage lately due to server overloads as it's been a victim of its own success, but upgrades in early April/late March promise to address this issue.
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I have experienced excellent support, narrow spreads, and since moving to a live account, I have only experienced slippage on my very first live trade, but I believe it was due to a connection problem at my end.
In ECN account, commissions plus swaps can be quite high for a small account like mine, but the very narrow spreads at least offset much of this.
Very happy so far, after 1 week live, and 2+ months demo trading. http://static.mfbcdn.net/images/smiley-lol.png
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Very bad experience with this broker:
- Big difference between Demo and Live, no slippage on demo, a lot of slippage on Live. 20% of my account lost due to slippage.
- Mediocre Customer Service
- 10 days to withdraw funds and 55 USD fee!, (They denied me Moneybrokers withdrawal, in spite of they offer it on their withdrawal form)
- The only good thing: low spreads, but, is it important if you get a lot of slippage on the entries?
I don't work anymore with this broker.
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Is there someone who is trading with this broker more than a year? Please send me message. I want to know if this broker is scam, or is really the best. Thanks
