What is IC Markets?

IC Markets is the world’s leading Forex CFD provider, simply said to be the revolutionising online trading company. IC Markets offers trading solutions for active day traders and scalpers as well as traders that are new to the market, additionally IC Markets offers its clients cutting edge trading platforms, low latency connectivity and superior liquidity. IC Markets today gives access to pricing previously only available to investment banks and high net worth individuals.

IC Markets was incorporated with the vision of providing transparent and fair forex trading. IC Markets mission is to create number one trading experience for retail and institutional clients, alike allowing traders to focus more on their trading. 

Built by traders for traders, IC Markets is dedicated to offer superior spreads, execution and service. To get a better idea what exactly IC Markets is, have a look at the article below, it won’t take long. Here is why you should try IC Markets.

IC Markets MetaTrader

IC Markets offers its clients  MetaTrader 4 and MetaTrader 5, also known as MT4 and MT5 trading platforms. MetaTraders 4 and 5 are made by MetaQuotes Software company. MetaTrader 4 is award-winning and considered to be the most popular trading platform for forex traders. It has dozens of features, has automated trading ability and it is absolutely user friendly. IC Markets MetaTrader meets all trader expectations by offering a next generation trading platform that is designed to take users trading to the next level. Here is why you will have to try trading on the IC Markets MetaTraders. It’s key benefits are:

1. Server location. IC Markets MetaTrader 4 and MetaTrader 5 servers are located in the Equinix NY4 data centre in New York. The NY4 data centre is known as one of the most secure and reliable data centres in the world. The MetaTrader 4 server is connected to IC Markets and their liquidity providers to ensure low latency and fastest execution of your trades.
2. Latency. The IC Markets MetaTrader 4 server has latency on average of less than 1 millisecond to major VPS providers either collocated in the NY4 data centre or through dedicated lines to nearby data centres. This low latency is ideal for high frequency trading and scalping.
3. No trading restrictions. IC Markets MetaTrader 4 and 5 platforms have no restrictions on trading. Scalping and high frequency trading is allowed. Both of them allow traders to place orders between the spread as there is no minimum order distance and a freeze level of 0. It means that orders, including stop loss orders, can be placed as close to the market price as you like.
4. Hedging. Traders can hedge their positions as there is no first in first out (FIFO) rule at IC Markets. You simply don’t need to pay margin on hedged trades, just enjoy the benefits of margin netting.
5. Signals and copy trading. IC Markets is in partnership with Myfxbook and Zulutrade. Trading Signals in MetaTrader 4 allow traders to automatically copy the deals performed by other traders in real time. Many successful traders provide their trades in public access either for free or for a reasonable fee, becoming signal providers. It means that you may either become a signal provider yourself or copy someone else’s trades. 
6. Expert advisors. EAs are programs/robots that run on the MetaTrader 4 platform, used to monitor and trade using algorithms. They find opportunities according to the parameters that the trader is setting. It either notify or open a position automatically for you.There are various Expert Advisors and Technical indicators that can be bought on the internet.
7. Spreads. IC Markets offers the tightest spreads of all forex CFD providers all over the world. Spreads start from 0.0 pips on the MT4 and MT5 platforms with the average on EURUSD being 0.1 pips five days a week while the market is open. This is currently the tightest average EUR/USD spread globally.
8. Liquidity providers. IC Markets MetaTrader platform is in partnership with 25 different liquidity providers which means that they are always able to keep their spreads tight, especially during high volatility times such as economic or political news or interest rate changes.
9. Account types. Both IC Markets Standard and Raw Spread accounts are available on the MetaTrader 4 and MetaTrader 5 trading platforms.
10. Operating System. MetaTrader 4 is available for all the most popular operating systems. You can find it for: Windows, Mac, Linux, Android, iPhone/iPad. However, note that  MetaTrader is not native for Mac and Linux. Thus if you want to run it on those operating systems you will need to apply some workaround and additional software.
11. Webtrader. IC Markets MetaTrader WebTrader is a user-friendly web-based trading platform allowing you to enjoy trading in the IC Markets trading environment with no dealing desk from anywhere in the world. MetaTrader WebTrader offers fast order execution capabilities of MetaTrader with ease and convenience of being a web-based application. 

But what exactly is the difference between MT4 and MT5 you shall ask? Let’s see:

1. Tools. MT5 platform offers more complex tools and indicators for trading, additionally it offers  more flexible lot sizing compared to the MT4 lot sizes and even allows trades as small as one micro lot (0.01) to be traded. 
2. Depth of Market. MetaTrader 5 is showing the Depth of Market. Which means that it displays the full range of available prices directly from IC Markets liquidity providers.
3. Stocks. US or AU stocks traders should download the MT5 trading platform, as IC Markets MetaTrader 4 does not have them at its Market Watch at all. 

Summarising all, you should now have an idea of what MetaTrader has to offer. Both MT4 and MT5  software are very popular thanks to their usability and extended features. Traders would definitely benefit from using it for trading. Further in this article, you can learn how to open an IC Markets  MetaTrader demo account to practice trading.

IC Markets cTrader

IC Markets cTrader platform is made by Spotware company and combines the speed of a high performing trading platform with the deep liquidity of IC Markets, providing clients with the ultimate trading solution. It utilises proven technology that will enable traders to take their trading to the next level.

IC Markets cTrader key benefits are:

1. Server location. The IC Markets cTrader server is located in the LD5 IBX Equinix Data Centre in London. The LD5 IBX data centre has over 600 buy and sell side firms,  trading venues, exchanges, market data and service providers. This server connects IC Markets and their liquidity providers to ensure low latency and the fast execution of trades.
2. Latency. The IC Markets cTrader server has under 1ms latency to the majority VPS providers either collocated in the LD5 IBX data centre or through dedicated lines to nearby data centres. This low latency is ideal for automated and high frequency trading and scalping.
3. Liquidity.The IC Markets cTrader platform gives you access to liquidity in 64 currency pairs plus 16 major equity indices. Active traders worldwide appreciate trading with the superior functionality of cTrader and streaming prices from multiple global banks, giving you the ultimate in trading solutions.
4. Spreads. IC Markets offers the tightest spreads of all forex CFD providers all over the world. Spreads start from 0.0 pips on the MT4 and MT5 platforms with the average on EURUSD being 0.1 pips five days a week while the market is open. This is currently the tightest average EUR/USD spread globally.
5. Tools. IC Markets cTrader offers more complex tools and indicators for trading. Compared to its competitor MetaTrader it offers much more indicators and timeframes. But unlike MetaTrader platforms, cTrader uses a more common C# programming language. As for the design, cTrader has an excellent user interface and offers one additional chart type – a dot chart.
6. Copy trading. cTrader Copy, formerly known as cMirror, functions as a flexible investment platform and a fully-integrated feature of cTrader. Any trader can become a Strategy Provider, and broadcast their trading signals to followers for a performance, management and volume fee.
7. Market Depth. When it comes to market depth, IC markets cTrader has more functional options. It shows a full depth of bids and offers and the available quantities at each price. IC Markets cTrader platform offers complete transparency of the liquidity of each currency pair by showing the available volumes for each price level at any given time
8. No trading restrictions. Like IC Markets MetaTrader, cTrader has no restrictions on trading. Scalping and high frequency trading is allowed. 
9. Smart Stop Out.The Smart Stop Out logic in IC Markets cTrader has been designed to provide maximum protection to traders’ accounts. Meaning when margin level falls below Smart Stop Out Level then positions will start being closed partially until margin level reaches above Smart Stop Out. The logic of Smart Stop Out will only close what is absolutely necessary from the largest position in order to safely restore margin level and protect the position itself, the position entry point and the trading account for as long as possible.
10. Operating System. cTrader is available for all the most popular operating systems. You can find it for: Windows, Mac, Linux, Android, iPhone/iPad.
11. Webtrader. IC Markets cTrader Web has the same  Level II Pricing, tight spreads and one-click trading as the cTrader desktop version along with features such as a personalized trader dashboard to allow monitoring of your positions.

Summing things up cTrader is a very transparent trading platform that provides you with important information throughout every step of your trading experience. It equips you with a wide selection of important tools that help you achieve your goals and enables you to stay in control of your trading.

IC Markets MAM/PAMM accounts

The IC Markets Multi Account Manager software is a trusted solution that has been used by money managers at IC Markets since 2012. MAM stands for Multi-Account Manager and PAMM stands for Percentage Allocation Management Module. Both of them allow the fund managers or IB’s to manage many accounts straight from their own accounts.

The IC Markets Multi Account Manager allows you to manage clients’ money with flexible allocation methods and real-time reporting of performance and commissions. The MAM software communicates all allocation settings directly with the IC Markets MetaTrader 4 server. This means a money manager only has to worry about trading through the MetaTrader 4 Master Account, all other processes are handled seamlessly by the MAM software. IC Markets MAM/PAMM key benefits:

• Raw Pricing connectivity.
• Tight spreads.
• Deep liquidity.
• 1:500 Leverage.
• Reliable MAM solution.
• Fast Order Execution.

The software is ideal for traders or money managers, utilising Expert Advisors and enhances the functionality of the MetaTrader 4 platform by allowing multiple accounts to be managed from one simple interface. Thousands of accounts can be traded with just one click and with no additional latency. The requirements to open multi account managers are as follows: 

• All client’s accounts must complete a Power or Attorney and Fee Disclosure Form.
• Financial services license or legal opinion in the operating jurisdiction.

IC Markets Demo trading

It is recommended to try an IC Markets demo account at first to get familiar with the  trading software, understand risks and get to know how the market works. IC Markets demo accounts are free to open, and you may have up to 20. Those accounts may not only be helpful to new traders but also be useful for advanced traders to try tools like Expert Advisors, signals and other indicators. Nevertheless, traders should be aware that simulated results do not correlate to actual trading results. And the funds traded on the demo account are virtual funds and cannot be withdrawn.

IC Markets Registration

IC Markets registration for a demo or live account is an easy process which won’t take a lot of time. On the main page of the official website of the broker you will easily find multiple registration options. To register choose an option between two types of registrations for live and for demo accounts. There is no problem if you decide to choose a demo account at first, as it can be converted to a live account in the future.

IC Markets Login

IC Markets Login process is fast and easy. On the main page in the upper right corner of the broker’s website you might easily find a button “Client login”. It will redirect you to the IC Markets Secure client area. There are options to login with a web link from all of your devices. Similarly, you can use an IC Markets App which can be easily found and downloaded from the Appstore or PlayStore. In fact the IC Markets Secure client area web page is well adapted to all devices, but as an option, you may always download and use an app for your own convenience.

IC Markets funds withdrawal

All IC Markets withdrawal requests submitted before 12:00 AEST/AEDT will be processed on the day of receipt. If your withdrawal is submitted after this time it will be processed on the following business day. IC Markets does not charge any additional fees for deposits or withdrawals. You should however be aware that you may incur fees on payments to and from some international banking institutions and IC Markets accepts no responsibility for any such bank fees.

IC Markets contact support

IC Markets customer support is committed to support their clients. IC Markets support team strives to offer clients the best possible customer service and support. When dealing with the forex market, you can’t expect to get away with any downtime. A 24/7 service is absolutely necessary. This is why forex trading companies like IC Markets take it seriously to offer ontime information for all their international customers. To look for help from IC Markets support team a simple click on contact us will open a variety of options to get written or verbal support. IC Markets Support center can be contacted via email, request through a call back and launch any of the chats with IC Market’s support representative at your preference.IC Markets support team has a significant amount of experience within the forex industry so they understand what traders want and need. You can trade with confidence knowing that the IC Market’s support team will always be there to help 24 hours a day, 7 days a week.