IC Markets is a globally recognized forex broker known for its commitment to providing traders with an excellent trading environment. Established in 2007, IC Markets has grown to become one of the largest and most trusted brokers in the world, particularly favored by professional traders and institutions. The broker is renowned for its tight spreads, fast execution speeds, and advanced trading platforms. With a solid regulatory framework, IC Markets offers a transparent and secure trading experience, making it an ideal choice for both novice and experienced traders alike.
Why Trade With IC Markets
Ultra-Low Spreads
One of the standout features of IC Markets is its ultra-low spreads, which start from 0.0 pips on major currency pairs. This makes it an attractive option for scalpers and high-frequency traders who rely on tight spreads to maximize their profits. The broker’s spreads are among the lowest in the industry, providing traders with significant cost savings over time.
Fast Execution Speeds
IC Markets is known for its lightning-fast execution speeds, thanks to its use of cutting-edge technology and data centers located close to major financial hubs. This ensures that traders experience minimal slippage and can execute trades with precision. The broker’s ECN (Electronic Communication Network) model also ensures that orders are filled at the best possible prices.
Advanced Trading Platforms
IC Markets offers access to the MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader platforms, which are widely regarded as the best in the industry. These platforms provide a range of advanced tools and features, including customizable charting, automated trading options, and a vast array of technical indicators, catering to the needs of both beginners and experienced traders.
Regulated and Secure
IC Markets is regulated by top-tier authorities, including the Australian Securities and Investments Commission (ASIC), the Financial Services Authority (FSA) of Seychelles, and the Cyprus Securities and Exchange Commission (CySEC). This regulatory oversight ensures that IC Markets operates with the highest standards of transparency, security, and client fund protection.
Account Types with Spread and Leverage
IC Markets offers three main account types, each tailored to different trading styles and preferences. Below is a comparison of the account types:
| Account Type | Spread (From) | Leverage (Up To) | Commission | Minimum Deposit |
|---|---|---|---|---|
| Standard | 1.0 pips | 1:500 | None | $200 |
| Raw Spread (MT4) | 0.0 pips | 1:500 | $3.5 per lot/side | $200 |
| cTrader Raw | 0.0 pips | 1:500 | $3 per lot/side | $200 |
How to Create An Account With IC Market
Signing up with IC Markets is simple and straightforward:
- Visit the IC Markets Website www.icmarkets.com.
- Click on “Start Trading” .This option is prominently displayed on the homepage.
- Enter your name, email, and country of residence.
- Check your inbox for a verification email and click on the link to confirm your email address.
- Provide additional details such as your date of birth, address, and preferred trading account type.
How to Create MT4/MT5 Account On IC Markets
Once you have registered, you can create an MT4 or MT5 account on IC Markets by following these steps:
- Use your credentials to access the client portal.
- Go to ‘Accounts’: Select ‘Open New Account’.
- Select either MT4 or MT5 depending on your preference.
- Set your desired leverage, account type, and base currency.
- Review your settings and click ‘Open Account’.
Documents Needed To Verify Your Account
To complete your registration and verify your IC Markets account, you will need to submit the following documents:
- Proof of Identity: A government-issued ID such as a passport or national ID card.
- Proof of Address: A recent utility bill, bank statement, or any document showing your address (issued within the last three months).
These documents ensure that your account is verified, allowing you to trade without restrictions.
How to Place a Trade With IC Market
Placing a trade on IC Markets via MT4/MT5 involves the following steps:
- Log in to MT4/MT5.Open your MetaTrader platform using your credentials.
- Choose the currency pair or instrument you want to trade from the market watch list.
- Right-click on the asset and select ‘New Order’.
- Enter the trade volume, stop-loss, and take-profit levels.
- Click ‘Buy’ or ‘Sell’ to place your trade.
Conclusion
IC Markets stands out as a leading forex broker offering some of the best trading conditions in the industry, including ultra-low spreads, fast execution speeds, and access to advanced trading platforms. Whether you are a beginner or a professional trader, IC Markets provides the tools, resources, and support needed to succeed in the forex market. By understanding the various account types and following the steps to sign up and verify your account, you can start trading confidently and efficiently with IC Markets.
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