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IC Markets (ICM) is a broker providing direct access to the ECN market with liquidity from more than 50 companies and banking institutions. The company’s clients are traders who work at large turnover, scalpers and lovers of trading with advisors. The official website is available in 16 languages, allowing people from different countries to view the page without language barriers.
Customers’ accounts are kept separate from the company’s operating accounts in Australia’s leading banks. The funds from these accounts are managed exclusively by the customers for trade purposes. From the loss of the customer account are insured by Lloys and sof London.
To open a deposit you have to register at the Exchange. You can open an account and register your account by filling in forms in 4 stages. In the first stage of registration, the form contains the name of the user, the e-mail address, the telephone and the country of actual presence. In the second step you will have to choose the type of account, fill in the forms with the date of birth and address of residence or registration. The third stage — select the trading platform, the type of trading account and the base currency of the account. At the last stage of registration it is necessary to indicate your trading experience, ask a secret question and answer to it, as well as to familiarize and confirm an application for opening an account.
This is the end of the registration. Access to the personal office of the broker is sent to the email specified by you.
Now you can open trade and demo accounts, replenish and withdraw funds. Before trading, remember to fully authenticate your account, which may help you in the future in case of a dispute.
To verify your account and add IC Markets minimum deposit, you will first have to fill out a questionnaire about your income. Then fill in your trade experience on Forex or derivatives. It now remains to upload scanners or photos of your identity and residence.
In order to speed up the process of money transfer, the broker advises to carry out both replenishment and withdrawal of funds through the personal office of the trader.
The standard account is intended for beginners and for traders who prefer to engage in discretionary or intuitive trading, therefore the account does not include any commissions.
For more experienced market participants who prefer to use advisors in trade and handle scalping, the best option is a Raw Spread account. Company offers different payments methods, so you can choose the most available for you.
The Raw Spread cTrader account is specially designed for trading on the cTrader platform, suitable for scalpers and day traders. US$3 commission.