IC Markets
4.2/5 rating (5 votes)
up to
0.43
pips

Description

IC Markets was incorporated in Sydney, Australia in 2007 by a team of professionals in the financial services industry who were instrumental in the success of one of Australia’s largest CFD and Forex providers. IC Markets goal is to bridge the gap between retail and institutional clients offering a trading solution previously on available to Investment banks and high net worth individuals. IC Markets True ECN account was born, providing superior execution technology, lower spreads and unrivalled liquidity.

These day’s forex traders have choice, it is for this reason IC Markets strives to stand out from other brokers by focusing on delivering what traders want, tight spreads, quality trade fills, fast execution and exceptional customer service.

Their mission is to provide traders with the lowest spreads possible during all market conditions. They have invested heavily in technology and establishing strong relationships with the largest and most reliable liquidity providers. They are constantly adding additional liquidity to their True ECN trading environment in order bring traders the best possible forex trading conditions.

IC Markets utilises enterprise grade hardware on their trade servers in the NY4 & LD5 data centre in New York & London respectively. Their trader servers are collocated with their ECN engine and liquidity providers in these data centres. Dedicated fibre optic cross connects to their ECN and liquidity providers ensures the lowest latency and fastest possible trade execution for their clients.

IC Markets is licensed and regulated by the Australian Securities and Investments Commission (ASIC) with AFSL number 335692. With a license and regulation from ASIC, one of the strictest and most demanding financial regulators, traders can feel completely confident. Client money is held in segregated accounts.

Rebate conditions, information

Rebate on cTrader accounts is calculated based on USD traded lots.

Rebate is calculated based on traded lots on True ECN accounts. Commissions and rebates are the followings on True ECN account type according to account currency:
AUD: commission 7 AUD, rebate 1.7 AUD
USD: commission 7 USD, rebate 1.7 USD
EUR: commission 5.5 EUR, rebate 1.275 EUR
GBP: commission 5 GBP, rebate 1.105 GBP
CHF: commission 6.6 CHF, rebate 1.615 CHF
JPY: commission 650 JPY, rebate 144.5 JPY
SGD: commission 9 SGD, rebate 2.125 SGD
NZD: commission 9 NZD, rebate 2.125 NZD
HKD: commission 54.25 HKD, rebate 12.75 HKD
CAD: commission 7 CAD, rebate 1.7 CAD
*Rebate is always converted to USD

Account types

*The rebate rates are always determined per 1 standard lot.