Is your money safe with IC Markets? (2024)

Is your money safe with IC Markets?

IC Markets Global is authorised and regulated by Financial Services Authority of Seychelles (FSA). Trade with peace of mind knowing that clients are protected by IC Markets Global's strict compliance protocols.

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Can IC Markets be trusted?

Regulatory assurance

Holding licenses from reputable authorities such as SFSA, ASIC, and CySEC, IC Markets demonstrates a commitment to regulatory compliance, providing traders with a trustworthy platform.

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Is IC Markets legal in US?

IC Markets Global does not accept US clients.

US CTFC regulation prevents US clients from trading with brokers outside the US. IC Markets Global complies with International regulations.

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Does IC Markets have negative balance protection?

We reserve the right to not grant you Negative Balance Protection in cases where we reasonably consider, in our sole discretion, that your negative Account balance has been caused by misconduct or market abuse.

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How long does it take to get money from IC Markets?

Once processed via bank transfer, the funds may take 3-5 business days to reach your bank account. For first Wire transfer withdrawals we require that you provide us with a supporting copy of the bank statement related to your registered bank account.

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Does IC Markets manipulate the market?

IC Markets Global is a regulated Forex CFD provider that applies Raw Spreads on its main and most famous account type, so there is no requotes, no price manipulation and no restrictions.

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What countries are banned from IC Markets?

Sanctioned Countries
  • Abkhazia (the Republic of Abkhazia)
  • Afghanistan.
  • American Samoa.
  • Angola.
  • Cambodia.
  • Central African Republic.
  • Chatham Island (New Zealand)
  • Congo.

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Who owns IC Markets?

IC Markets was in 2007 founded by Andrew Budzinski, who in 2022 ranked number 50 on Australia's Richest 250, worth $2.5 billion. The 49-year-old has grown his fortune from foreign exchange and cryptocurrency trading.

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What is the minimum withdrawal from IC Markets?

The Company has no minimum amount requirement; however, the client needs to be aware of potential intermediary/beneficiary bank fees.

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What country is IC Markets from?

International Capital Markets is an Australian forex and CFD broker launched in 2007. It is currently headquartered in Sydney, Australia. It currently sponsors several football clubs such as Bayer Leverkusen and other teams from Bundesliga and La Liga.

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Which broker is better than IC Markets?

IC Markets alternatives recommendations

Pepperstone is recommended for forex traders looking for great account opening and customer service. Vantage is recommended for forex and cfd traders familiar with the metatrader trading platforms. Axi is recommended for forex traders familiar with the metatrader 4 platform.

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Why is my IC Markets deposit not successful?

Typically, a failed deposit occurs as a result of insufficient funds in the depositing source (e.g. credit card, Paypal, etc), an incompatible card (e.g. American Express), restrictions applied by your financial banking institution or the incorrect card details being used.

Is your money safe with IC Markets? (2024)
Is there a lot limit on IC Markets?

Flexible Lot Sizing

There are no limits or restrictions on trade sizes, you can place trades as small as one micro lot (0.01) .

Can I deposit $100 on IC Markets?

What is the minimum deposit at IC Markets? At IC Markets, the minimum deposit amount is $200. You can deposit less than $200, but you need at least $200 to start trading. After you have completed the registration and verification process, you need to fund your account to start trading.

How much does IC Markets charge per account?

IC Markets does not charge a commission on Standard accounts but instead applies a spread mark up of 0.8 pip above the Raw inter-bank prices received from our liquidity providers. IC Markets Raw Spread account shows the raw inter-bank spread received from our liquidity providers.

Where is IC market broker located?

IC Markets Global MetaTrader 4 and cTrader trade servers are located in the NY4 and LD5 IBX Equinix Data Centres in New York and London, providing clients with the fastest possible execution speeds. Equinix data centres are known globally for their secure and reliable infrastructure.

Is scalping allowed in IC Markets?

No Restrictions onTrading – Scalping Allowed

Traders can also hedge positions as there is no first in first out (FIFO) rule with IC Markets Global.

How many clients does IC Markets have?

Founded in 2007, IC Markets is a veteran of the forex and CFD industry. With over 180,000 active clients worldwide and US $1.2 trillion in trading volume (March 2023), it has emerged as a market leader.

Does IC Markets have slippage?

Slippage is an inherent part of financial markets. Whether you are trading stocks, futures, commodities or Forex, you will be subject to slippage.

How big is IC Markets?

With over 15 Billion USD of trades processed daily, IC Markets is one of the largest Forex CFDs provider in the world. Trade with a market leader !

Does IC Markets have gold?

IC Markets Global allows trading the spot price for metals including Gold or Silver against the US Dollar or Euro and the metals Platinum or Palladium against the US Dollar as a currency pair on 1:500 leverage.

Is IC Markets crypto?

While IC Markets does not offer direct trading of cryptocurrencies as underlying assets, the broker does provide access to cryptocurrency CFDs (Contracts for Difference). This allows traders to speculate on the price movements of cryptocurrencies without owning the actual digital assets.

What platform does IC Markets use?

IC Markets Global is able to offer market best possible pricing and some of the best trading conditions through the MetaTrader 4 platform by providing clients with Raw Pricing.

Is IC Markets FCA approved?

Does IC Markets fall under FCA regulation as of February 2024? Unfortunately no, IC Markets is not regulated by the FCA.

How many employees does IC Markets have?

477 people are employed at IC Markets.

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