IC Markets reviews




Average: 4.6 based on 41 reviews
4.612905
IC Markets
IC Markets broker reviews

Follow discussion about IC Markets


  • Website: www.icmarkets.com.au
  • Year since: 2007
  • Headquarters: Sydney, Australia
  • Company registration: International Capital Markets Pty Ltd., Australia
  • Regulation: ASIC (license # 335692)

Traded with IC Markets?
Were you satisfied with the quality of IC Markets broker services?

Rate and review this Forex broker

REVIEWS & RATINGS

Rating interpetation



Australia, Keith

May 11, 2012



5 years trading Total
3 months live, 3 months demo also with this Broker
4


I am using IC Markets True ECN MT4 platform. The trading conditions are very good, there are not distance limits for stop loss and take profit orders and I have never seen spreads as good as theirs.

The only gripe I have about IC Markets is that there are no Austrlian share CFDs on MT4, you have to use another platform of theirs called ProDeal. I have only given them a rating of 4 stars becuase of this. Other than this they have the best forex trading conditions out of all of the brokers that I have ever traded with.


Australia, Diana

April 12, 2012



Newbie 1 month Total
1 month demo, but with broker 5 months with this Broker


My queries have ALWAYS been answered super fast! Even when I email in their peak time (or even after work), I get responses (sometimes 5 minutes later!) promptly!
The team at IC Markets are so helpful which is important as a newbie at trading! To have a great company you need to have an efficient team, and these guys are fantastic!!


Australia, Grant

April 5, 2012



4 years Total
4 months with this Broker
5


I have been using IC Markets True ECN MT4 platform for 4 months and I am quite glad that I switched over to them. EUR/USD average spreads are 0.2 pips, the only thing is that you have to pay $3.5 per lot in commission but it is still cheaper than Dukascopy. Dukas is now my backup broker, these days most of my trading is through IC Markets True ECN MT4 platform.


Drew Parker, Sydney Australia

March 30, 2012



3.5 years Total
Over a year with this Broker
5


Took only a few hours to get my account opened. The verified me automatically from my medicare number so I did not need to send them any ID, this made the whole process fast.

The deposit process is really good also, I funded my account using my Visa card and money was in my account instantly.

Their mobile iphone is handy but seems a bit slow to load the first time, I did notice this problem the second time I loaded it though.

5 Stars.


JC, Singapore

March 23, 2012



3 year Total
1 months with this Broker
5


I am very please with my results on IC Markets ECN Metatrader platform. I use MDP EA and it is has made my account go up by 219%, you can see the EA's performance on myfxbook. It is one of the best EA's at the moment but will only work well with ECN brokers, I tried it with FXCM Metatrader and it did not trade as much so I did not make much money.

The only thing that I don't like about IC Markets Metatrader is that they don't have Singapore Stocks on it, but except for that it is very good.


Brizzyfx, Aussie

March 17, 2012



8 yrs Total
3 month live with this Broker
5


I have been using them for my automated scalping strategy and have had no issues.

The best Aussie broker that I have found for scalping.


Australia, Troy K

March 15, 2012



5 years fulltime Total
2 years now with this Broker
5


I am a Sydney based money manager using the Metatader 4 platform from IC Markets.

Writing broker reviews is really not my style, however after dealing with a few different brokers over the last 5 years sadly there are actually only a handful that I would ever trade with and trust to do the right thing by me and my clients. With this being said I really feel that I should share my experiences with others who may not have been in the market for as long as myself, hence this review.

IC Markets are one of the few brokers that I can put my hand on my heart and entrust not only my money with, but also my clients money. I have an excellent relationship with their staff and know that the systems they use are the best on a global scale, their pricing is that of a true ECN broker (it is not marked up or down by a few pips here and there like most of the others who claim to be ECN brokers) and their service is the best I have ever experienced from any broker over the last 5 years.

If you are a money manager or proprietary trade like I am IC Markets should be one of the brokers that you should consider.

I am quite comfortable in stating that they would be the best Australian based regulated broker and one of top 3 brokers globally.


Australia, Sophie

March 2, 2012



2 years Total
4 months with this Broker
5


Hi Everyone,

I attended a forex trading webinar presented by IC Markets last week and found it really helpful. I have spent over $35,000 on forex education over the last 2 years only to find that I have wasted my time and money and gone around in circles chasing my tail. If I had known about IC Markets back then I would have been $35,000 better off.

IC Markets webinars are some of the best that I have ever seen, they have really helpful tips and have enabled me understand forex much better. I have applied some the price action strategies which I learned from their webinars and overnight my trading has completely changed.

IC Markets are the only forex broker that I know about which provides traders with education as well as a trading platform. With other brokers I have been forced to look elsewhere to seek out help newbie forex traders like myself desperately need.

For any other newbies out there looking for help with their forex trading the link below goes to some of IC Markets webinar recordings.

I hope this post helps anyone like myself looking to learn more about forex.

Thank you and happy trading

Soph


Singapore, Khwan

February 19, 2012



4 year live Total
8 month live with this Broker
5


Very nice trading platform, fast one-click trading system and good news feed.

IC Markets metatrader is better for me than GFT metatrader and has many more features.

I am very happy with the trading platforms functions and have no trade or technical problems.

I very much recommend this company.


Aust, Rex

February 13, 2012



3 Yrs Live Total
4 Mths Live and Demo with this Broker
5


I am very happy with ICmarkets, they are are the lowest spread broker in Australia. I have not had any slippage, order execution or technical problems whilst trading with ICmarkets. These are ongoing problems that I have had with other forex company's in Australia.

An excellent broker to trade with.


Australia, Jan

February 4, 2012



6 mths live Total
6 mths live with this Broker
5


Great educational webinars and excellent customer service.

I am new to forex and I am really glad that I found IC Markets, their webinars are very helpful, they also personally walked me through their trading platform by logging into my computer, great customer service! I am not sure that any other broker would spend over one hour doing this. I know etrade did not do this when I opened my share trading account.

IC Markets have been there to help me start my forex journey and I thank them for that. I would recommend them to anyone like me who is just starting out and looking for a forex broker to partner and build a relationship with. With IC Markets you wont just be another account number.

Jan


Australia, Sammy

January 31, 2012



3 years live Total
2 months live with this Broker
5


"AAA" Grade broker, no issues at all. They have great service and customer support. Their version of Metatrader 4 is like the old MT4 on STEROIDS, it is much faster and has one-click trading, its also an ECN so the pricing is mind blowing. IC Markets are the only broker that I have ever seen inverted spreads with, its Amazing just watching the negative prices.

This broker rates number one on my list of brokers to trade with.


Australia, Ken

January 28, 2012



4 years live Total
2 months live with this Broker
5


I first found out about ICMarkets after reading some good reviews on the web, they were certainly much better than the reviews that I have read about my current forex broker. Based on what I had read I thought that I would give them a go.

Initially I opened my account with $1,000.00, after some good trades my balance grew to $3,452.18.

I have been very happy with ICMarkets slippage is almost non-existent and the speed that my orders are executed is allot better than my last forex broker, this shows that they are a serious broker and have invested in their IT infrastructure. Another great thing is that their version of the Metatrader 4 platform has a one-click trading module, I can now scalp the market much better than with the traditional Metrader 4 platform. There is also a pretty cool feature on their platform that allows my to move my stop-loss and take-profits from by clicking on the lines shown on the chart, this is much better than having to change the order from within the order pad which I had to do previously.

I found out that ICMarkets have four Metatrader servers in Australia, Singapore, London and New York, this is probably why their order execution speed is so good, this is allot better that my other broker who only had servers in New York.

On top of all this ICMarkets service and support is excellent, they respond to questions and queries fast.

A very happy client.


Aust, Les

January 21, 2012



11 Years LIVE Total
3 Months LIVE with this Broker
5


I have live accounts with all of the Australian based Metatrader 4 brokers so of course when I found out about IC Markets I felt compelled to open an account with them also, I just would not have had a full stable otherwise. I did not bother with a demo account I went straight to a live account this way I could conduct proper testing and analysis across all of my Metatrader 4 broker platforms.

Normally I would not bother wasting my time writing a review about a broker but after testing IC Markets Metatrader thoroughly over the last three months I was quite excited about some of my discoveries many of which I had never experienced over the last eleven years of trading. So I thought I would share my finding with others out there that have wasted years of their lives on the quest to find the best forex broker.

So here are just some of the findings that got me exited about IC Markets. I am not going to go into detail as this is meant to be a quick review not a university thesis so Im just going to list the significant advantages that I found IC Markets has over ALL other Metatrader forex brokers in Australia.

1. Deep liquidity - I easily trade 50 standard lots as the price on the platform, most other brokers would have slipped me at least 10 pips on an order this size.

2. Consistently Tight "trade-able" spreads - Some brokers show tight spreads but you simply cant trade on them, they delay your orders for 5 seconds or so and then to add salt to the wound they slip you. With IC Markets I can get filled at the price shown on the screen in less than a second with no slippage.

3. Fast Order Execution - There are some brokers in Australia that will delay your orders and only fill them when the price moves in their favor, effectively they capture the positive slippage and don't pass it on to you. IC Markets don't play with my order they are filled in less than one second (more like half a second or less) with no issues.

I could go on an on but I think you can see why I was so excited when I found IC Markets, and as you can probably tell I am pretty excited about writing this review about them also.

You wont be let down by this broker.

Thanks

Les


Australia, Morgan

January 8, 2012



5 years live Total
1 year and 2 months with this Broker
5


The crew at IC Markets have been the most helpful out of all the brokers that I have traded with in Australia and around the world. Any questions that I have no matter whether they are big or small are answered quickly and with utmost detail, other brokers that I have traded with in the past have simply put me through to a call center in some foreign country or given me a pathetic one line response.

Service is only one aspect I look at when choosing a broker, however when combined with awesome ECN pricing I can confidently say that IC Markets are the best broker in OZ.