ICMarkets is undoubted leader in the retail Forex industry, which offers one of narrowest ECN-spreads on the market (from 0.0 points) and regulated by the Australian Securities and Investments Commission (ASIC). The company was established in 2005 and today it is one of the most popular brokers in the countries of Asia and Eastern Europe.

So, if you want the best scalping, the broker ICMarkets is ideal for this!

ICMarkets Trading Conditions

  • Starting Deposit: 200 USD
  • Minimum order size: 0.01
  • Spreads from: 0.0 points
  • Account types: TRUE-ECN, Standard Account, cTrader, MT4 MAM/PAMM
  • Deposit currencies: USD EUR CHF CAD GBP NZD JPY AUD
  • Regulation: ASIC
  • Trading Platforms: MT4, MT5, cTrader + their analogues based on iOS and Android


Lower spreads at any time

So, the main advantage of this broker is the phenomenally narrow spreads from 0.0 points, which is achieved due to using in the ECN-aggregator the liquidity mix of 35 eminent banks and other major ECN-providers (in interbank liquidity pool where clients’ deals are withdrawn). Due to the execution of trades in such a large interbank liquidity pool, ICMarkets provides its clients with one of the narrowest spreads on the market, which are kept at a minimum level, regardless of the time of day and the release of important news.

Reliable ASIC regulation

Another positive feature of this company is its reliable regulation. Jurisdiction of the Australian Securities and Investments Commission compels ICMarkets to strictly comply with stringent standards of financial regulation, and brokerage clients – to enjoy reliable protection and quick resolution of disputes.


Deposit insurance

Customer funds of the ICMarkets company are insured by the well-known British insurer Loyd, which allows you to be confident in the future, regardless of the financial condition of the broker. After all, in case of bankruptcy, returning of funds is guaranteed at the expense of the insurer’s capital.

Trading platforms

Trade is provided through popular MT4 and MT5 (financial managers also can use MT4 PAMM / MAM), as well as terminal cTrader coveted in narrow circles of traders.


ICMarkets free VPS

For its customers, the broker through the world-famous stock exchange hosting company – ForexVPS.net provides a free VPS with a minimum ping (around 1 ms), which allows you to place trading terminals at a minimal distance from the broker’s servers and enjoy the maximum speed of trading orders execution.

ForexVPS.net - Equinix London, New York, Tokyo, Zurich

How to open a trading account in ICMarkets

To start trading in ICMarkets, each new client needs to perform a few simple steps:

  • Register as a client of the company – This step is carried out using a simple on-line form, in which you must specify your e-mail.
  • Verify your identity.

Each client must provide the company with scanned copies of documents that allow to identify his identity. In this sense, the broker requests a scanned copy of the identity document (passport) from the new client, as well as a scan copy of an additional document that confirms the address of residence (for example, a driving license or a foreign passport). Only after the verification of identity the broker allows a new client to open a trading account and deposit trading capital.

  • Open a trading account.

After verifying your identity, you will be able to open one or more (up to 20 pieces) trading accounts.

ICMarkets account types

TRUE ECN – trading account with lowest spread and commission for platforms: MT4, MT5 or cTrader. The minimum deposit is 200 USD, the minimum lot size is 0.01. Market execution. Leverage: from 1:1 to 1: 500.

Standard Account – trading account without commission and with a standard spread for platforms: MT4, MT5 or cTrader. The minimum deposit is 200 USD, the minimum lot size is 0.01. Markets Execution. Leverage: from 1:1 to 1: 500.

cTrader TRUE-ECN – trading account for cTrader platform. The minimum deposit is 200 USD, the minimum lot size is 0.01. Markets Execution. Leverage: from 1:1 to 1: 500.

MT4 MAM / PAMM – trading account for managing investors’ funds is provided after additional request. The minimum deposit amount is 20 000 USD, the minimum lot size is 0.01. Markets Execution.  Leverage: from 1:1 to 1: 500.

ICMarkets Account Funding/Funds Withdrawal

To deposit funds, the broker ICMarkets provides the following EPSs:

  • VISA/MasterCard
  • Neteller
  • Skrill
  • WebMoney
  • FasaPay
  • Poli
  • BPay
  • Qiwi
  • BitcoinWallet
  • PayPal

For withdraw funds are available all of the listed payment systems except WebMoney. If you have previously replenished your trading account via WebMoney, then withdrawal of funds will be available only through bank transfer.

Bonuses and promotions ICMarkets

If you are looking for such bonuses as 100% on a deposit or similar “delicious” additions, then you need to look for another broker. ICMarkets is a serious company with 100% withdrawal of clients’ funds to interbank. Therefore, there are no such bonuses at the broker. Learn to benefit from professional execution of orders and quality trading, but not from the bonuses given by brokers with poor trading conditions.

Feedbacks and Conclusions about ICMarkets

As stated above, ICMarkets is one of the best in terms of trading conditions in the retail Forex market. It is this factor that attracts professional traders and financial managers to the site of the broker. At the same time, the lack of bonuses and other shares to deposit at ICMarkets, at the outset sifts out small traders. As a result, we get a platform where traders trade with a deposit of $ 1000 and, accordingly, ICMarkets collects feedbacks mainly from experienced traders. And the feedbacks about this broker are exceptionally positive. It is thanks to this the company deserved its high positions in the world ratings and the first place on our website.

In general, when choosing a broker for trading, think about what is more important to you: attractive promotions and bonuses or the most high-quality execution of trading orders? The trick is that there are no brokers that offer both at the same time! It’s sad, but it’s a fact!

If you need a broker company for professional trading and managing large amounts of capital, then ICMarkets is, perhaps, one of the best solutions. If you need a broker to start with high bonuses and attractive shares, and the quality of trading conditions do not interest you yet, then you should look for another company!


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