WHAT IS IC Markets？ – THE COMPANY PRESENTED
Established in 2007, the company has demonstrated an insightful history up until this point. The secret of the broker is that it provides genuine ECN market access and has entirely great trading fees for the best innovation in trading.
Security is a main priority at IC Markets. Client balances are overseen independently from company funds at the Australian National Bank (NAB). Also, the broker has the biggest liquidity suppliers included, which shows a serious level of earnestness. Accordingly, there is a quick execution of orders and no requotes. High liquidity for traders is given by IC Markets.
Right now the company is growing in different nations and gains enormous prominence. The company has base camp in Australia, Seychelles, and Cyprus. Most traders are trading under the Seychelles enitity since there is high influence up to 1:500 considered each client.
Facts about the company:
· Australian Forex ECN Broker founded in 2007
· Direct market access through large liquidity providers (Goldman Sachs, HSBC and more)
· One of the first real ECN brokers
· The best conditions and cheap trading fees
· Specialized for Forex Trading
· Fast order execution and no requotes
Is IC Markets regulated？ – Regulation and safety for Traders
Regulation by an official authority is very important for online trading. A license gives the broker a trustworthy relationship with the customer. To obtain such a license, IC Markets must comply with certain rules and requirements. Violating these requirements would mean an immediate loss of the license. Therefore fraud on the customer can be excluded here.
IC Markets is regulated by the ASIC (Australia), FSA (Seychelles), and CySEC (Cyprus). It is an independent institution of the state government agency. Customer money transactions are conducted by National Australia Bank (NAB) and Westpac Banking Corporation (Westpac). These are both top international banks that have high liquidity. In addition, IC Markets uses external and independent auditors who control the broker.
The broker makes a very serious impression on us and we can assume that this is not a scam:
· Regulation by the ASIC in Australia
· Regulated by the FSA in Seychelles
· Regulated by the CySEC in Cyprus
· Separate accounts at major banks
· The external auditor of the broker
Big advantage for customers: It is a real ECN Broker
IC Markets is actually one of the few True ECN brokers. The company also gives private traders access to institutional trading via ECN / STP access. IC Markets only earns money at the commission per order execution or spread (STP) and a conflict of interest is 100% excluded! The website also directly recognizes the brokers liquidity providers. These include major international banks, which provide direct access to the interbank market.
A monthly volume report can also be viewed transparently on the homepage. More than $ 600 billion was transacted in 2018 in a single month.
IC Markets Joins Financial Commission as a Member
The Financial Commission has announced IC Markets as the latest online brokerage to join the self-regulatory organization as a member.
Independent external dispute resolution (EDR) services are increasingly needed within the Forex ecosystem, a global industry that affects companies and individuals spread across many jurisdictions.
IC Markets has decided to become a member following meetings at the IFX EXPO International in Limassol, Cyprus.
Protection of Up To €20,000 PER IC MARKETS CLIENT
The membership of the brokerage with the Financial Commissions already became effective in October. The broker will receive a wide range of services and benefits, but the most important one being fund protection of up to €20,000 per client, which is backed by the Financial Commissions Compensation Fund.
In case of any disputes between the broker and its clients, the self-regulatory body will act as a third-party mediator to resolve the complaints.
IC Markets one of the best ECN Forex Brokers
IC Markets is one of the favored Forex Broker because of their very small fees. Unlike most providers, this broker has real ECN access. Thus unlimited profits can be made and the broker earns only at the commission of its money.
The cost is reduced to the lowest and in this area, you can not find a cheaper provider. The designs and the service are sensational. We can recommend this broker to any trader who wants to trade with large or small capital.
In conclusion, IC Markets is one of the few top brokers worldwide that can be recommended with a clear conscience. Start now with the free demo account and test the provider yourself.
The advantages of IC Markets:
· Regulated and safe Forex Broker
· Real ECN Trading
· The best conditions for traders (0.0 pips spread + commission)
· Fund protection of up to €20,000 per client
· Metatrader 4 and 5
· Very fast support
· No hidden fees
· The best broker for high volume trading through big liquidity providers
· Free demo account
