Buzz
After learning about FXPro's legitimacy, and your experience with FXPro, you're probably interested in finding out more about IC Markets and getting answers to the question, Is IC Markets a scam? Another major trading platform. Readers can continue reading the following article by Mytour.
Is IC Markets a scam?
IC Markets operates without a dealing desk, meaning they never trade against their clients. This solidifies IC Markets as a trustworthy brokerage, not a scam.
Trading in a true ECN environment, specifically on IC Markets, allows clients to execute any trades they desire, including scalping or automated trading.
Founded in Australia by a team of financial service experts in 2007, IC Markets aims to provide clients with a unique trading experience by granting them access to trading solutions similar to those of major banks. This ensures swift order execution, tight spreads, and high liquidity.
Finally, the brokerage is licensed by the Australian Securities and Investments Commission (ASIC).
Reasons to Choose IC Markets
Here are some compelling reasons to opt for trading with IC Markets: - No dealing desk: the broker does not execute trades against clients. Trade using cTrader or MT4 software. Offers 20 exclusive trading tools on MT4. Tight spreads, ultra-fast order execution, cutting-edge technology. Superior liquidity. No limits or restrictions on trade size, with micro lots starting from 0.01. Minimum deposit of 200 USD. Webinars with top traders. Excellent customer support service. Regulated by ASIC.
IC Markets Platforms and Accounts
IC Markets Platforms and Account Types
IC Markets provides and supports multiple platforms as well as various types of accounts. Clients can choose to use the cTrader platform on their computer, mobile phone, or web browser-based version.
cTrader is a user-friendly platform with many additional features such as Level II pricing, clear charts, indicators, etc. Clients can also add other indicators similar to MetaTrader and open new trades with just one click.
Placing orders in cTrader is also quite simple. In the screenshot below, you can see that clients can decide the number of pips for stop-loss and take-profit.
In addition to cTrader, clients can also trade through the popular MT4 software. Metatrader 4 is a widely used trading platform, easy to use, and supports many different technical indicators. If desired, clients can also set up or create their own indicators.
MT4 supports EA trading (expert advisors for automated trading), and an application store where clients can purchase indicators, additional features, or expert advisors.
Finally, clients can also choose to trade with MetaTrader 5, Myfxbook AutoTrade, Signal Trader, MAM/PAMM, ...
Free Demo Account
To learn how to trade on the cTrader or MT4 platform with a free demo account, you can visit the IC Markets website for more information.
This article by Mytour provides you with basic information about the forex broker IC Markets and answers the question of whether IC Markets is a scam. Hopefully, after reading this article, you will have gained more knowledge about IC Markets to make an informed choice of broker.
