There are more than 2100 CFD stocks, including stocks listed on the NASDAQ and NYSE, CFD commodities, CFD indices, CFD bonds, Cryptocurrency CFDs and Futures CFDs available on IC Markets, a popular trading platform. In the case of indices CFDs, leverage is 1:500 throughout the day.
Financial instruments and leverage available to IC Markets clients vary by country of residence and financial regulator.
What is IC Markets?
A global online financial trading platform and multi-asset broker, IC Markets was founded in 2007
Since then, IC Markets has grown to offer retail investors forex trading, CFD trading, spread betting trading, stock trading, and cryptocurrency trading.
The IC Markets Group is a global broker. Australia is the headquarters of IC Markets. Choosing a broker that suits your needs can take a long time when you trade the financial markets.
In this IC Markets review, we will assess how well the platform performs in its role as the international trading platform for multiple financial assets for traders in 2022.
Often, you must visit and read many broker websites, all of which use different language. There can be a lot of confusion in the wording. It can be challenging to choose an online broker like IC Markets. For beginners, initial hurdles can include a seemingly complex mobile or online trading platform, confusing fee structures, and difficult-to-understand investment terminology. We break down the pros and cons of IC Markets in our review. Find out what IC Markets can offer, what countries IC Markets are available in, and who regulates IC Markets.
What you should know
IC Markets offers five trading options: Forex, CFDs, Spread Betting, Stock Trading, Cryptocurrencies. The assets and products available to you on the IC Markets trading platform depend on the region of the world you are in and which company you have an account with.
IC Markets requires a minimum deposit of $200. You can sign up for a demo account to get familiar with the IC Markets platform.
IC Markets is able to accommodate different levels of traders whether you are experienced or a beginner.
Are IC markets safe?
When choosing a broker like IC Markets, the broker’s administrative authority and regulatory status are very important. Brokers who conduct trades without the supervision of a regulatory body do so at their own discretion. Any capital invested is at risk.
IC Markets was founded in 2007 and has been in operation for 15 years. The head office is in Australia.
IC Markets is regulated. This means that IC Markets is subject to oversight and conduct scrutiny by the regulatory bodies of the Australian Securities and Investments Commission (ASIC), the Financial Services Authority (FSA) and the Cyprus Securities and Exchange Commission (CySEC).
IC Markets has 3 companies that are regulated by 3 regulatory bodies: IC Markets AU (ACN 123 289 109) (trading as IC Markets) holds an Australian Financial Services License (AFSL No. 335692) to operate a financial services business in Australia, to which by financial services covered by its AFSL. IC Markets (EU) – regulated by the Cyprus Securities and Exchange Commission (CySEC) under CIF License No. 362/18. “IC Markets SC” – regulated by the Financial Services Authority of Seychelles with a securities dealer license number: SD018
Regulated brokers are very unlikely to manipulate market prices due to the regulations imposed. If you send a withdrawal request to IC Markets, it will be honored. When IC markets violate regulatory rules, their regulated status can be revoked.
Losses can exceed deposits
Is my money safe with IC Markets?
All payments made by traders on IC Markets accounts are held in a segregated bank account.
For added security, IC Markets use Tier 1 banks for this. Tier 1 is the official measure of a bank’s financial health and strength.
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