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IC Markets Review – Is IC Markets Scam or Legit?

IC Markets Broker Rating
Account Types9.5
Trading Speed9.2
Customer Service9
Safety9.5
9.3
Conclusion
Read our IC Markets review and learn why we recommend this broker for online trading and why it is not a scam, learn all you need to know in this IC Markets review before you sign up with the broker.

IC Markets Review

IC Markets logo

In this IC Markets review, I’ll take a close look at how well IC Markets performs in its capacity as an international multi-asset marketplace for professionals. Additionally, we’ll be learning what exactly makes IC markets so unique and why you should definitely go for it.

Online trading is indeed expanding these days, and it is modernizing at an impressive rate. Large numbers of individuals have embraced internet trading as their primary source of income as it offers endless profit opportunities and growth prospects for investors across the globe.

It’s crucial to remember, though, that choosing the finest brokerage firm for your requirements can be a time-consuming and challenging task. It’s likely that you’ll have to spend several hours, if not days, in search of the optimal brokerage forum as per your needs. Nonetheless, I’ll be illuminating you on the best online trader in the field, making this sophisticated process a little smoother for you.

IC Markets is a multi-asset broker and an international trading system that was created in 2007. IC Markets now offers users CFDs, shares, Forex, and Cryptocurrencies trading opportunities, and so you can definitely choose whichever market you are interested in. The objective of IC Markets is to provide the finest trading customer experience for private and commercial clients, therefore ensuring a pleasant trading ride for both likewise.

What is IC Markets? 

IC Markets is a multinational brokerage firm with its headquarters located in Australia. It was founded by a team of highly qualified professionals who aimed to provide efficient trading avenues for traders across the world. Indeed, after years of constant struggle and unwavering determination, IC Markets is now recognized as one of the world’s leading and most reliable trading platforms.

Perhaps, the biggest reason why IC Markets has achieved so much is that all the users registered with it feel secure while they invest their precious assets. IC Markets is licensed and regulated by ASIC, one of the world’s harshest and most rigorous financial authorities. Money safeguarding is offered in a number of authorized ways, including customer funds separation in accounts that are only accessed by customers and absolutely no one else.

IC Markets has a highly adaptable user interface that provides all of its users with a one-of-a-kind experience. Clients enjoy receiving unrestricted access to foreign trading currencies as well as CFDs for cryptocurrencies, stocks, futures, and equities.

One of the best benefits of IC Markets is the demo account. It enables you to learn how to use the interface and get a taste of the broker’s economic environment while also allowing you to develop effective trading strategies. If you aren’t sure about the trading method you are looking forward to, try using the demo account. You won’t lose anything but would learn so much from it. Yet, the best part of this is the fact that it really never expires. You could use it along with the main trading panel.

IC Markets website

Versatile Trading Platform of IC Markets

Trading is one of the oldest professions practiced by the human race. It has existed for a long time and has the potential to grow even more in the years ahead. However, so much about trading has changed over the course of time. Conventionally, trading was done using physical means. This implies that traders used to meet each other in person and then used actual commodities and money to trade. Whereas now, with the creation of the internet, the trading dynamics of the world are drastically changed, and this change is for good, without any doubt. Conventional trading has now been upgraded with the development of online trading forums. Investors are offered a huge trading market they never imagined. This new form of trading was not popular at first, but it quickly showed its potential and reached milestones that traders never really anticipated.

Trading assets and cryptocurrencies are trendy these days, and now is a great time to jump into it. You’ll definitely need a platform that allows you to easily trade all of the world’s assets. There are a plethora of websites claiming to be the best brokerage platforms. Only a few prominent providers, such as IC Markets, are trustworthy. A sensible investment made at the right time and on the right platform can provide results you could never have expected. Undoubtedly, if you understand how these trade dynamics work, you may be able to become a huge business tycoon in a really brief span of time.

Why Choose IC Markets?

IC Markets’s goal is to offer traders the most competitive trading alternatives in all market scenarios. They are continually monitoring and enhancing their existing equipment in order to ensure the best trading experience for all those investing in the forum.

IC Markets has teamed with the world’s trading tech giants to provide you with the finest forex trading and cutting-edge analytic tools. Depth of Market (DoM), integrated spread surveillance, ladder trade, automated closing of trades with fully customized templates is among the top features accessible on the site. IC Markets trade apps for iPhone and Android have been likewise tuned to give you the trading ride you have been in search for.

IC Markets struggles to provide its users with the most outstanding customer service available. This is exactly why it has employed the most proficient staff in order to provide assistance whenever needed. You can invest with complete assurance that the IC Markets experts are there for you, whenever you need them, no matter the day or hour it is. You can contact them 24/7, unlike other trading platforms which offer help 24/5.

The core characteristics of IC Markets are loyalty and accountability. They value your investments and, therefore, safeguard them in every way possible. Moreover, they use raw spreads on their most known account types. This implies that there would be no extra charges or concealed taxes that you’d have to pay in addition to the actual price of the commodity you are investing in.  

Assets Offered by IC Markets

Cryptocurrency is amongst the most widely used investment products. For those unacquainted with the word, cryptocurrency refers to a securely encrypted virtual currency that makes forgery extremely difficult, if not impossible. Several cryptocurrencies use blockchain technology, which is a decentralized system regulated by a worldwide communication network.

Cryptocurrencies are distinct from conventional currencies due to the fact that any government does not endorse or own them. Because of this, they are highly resistant to government intrusion or exploitation.  

Regardless of the fact that the cryptocurrency market is still relatively recent, many individuals are eager to invest in digital currencies because of the appealing potential it provides. If you are in search of the most reliable forum where you could trade crypto and make massive fortunes out of it, IC Markets is for you.

However, before entering the crypto market, it is suggested that one has a thorough awareness and expertise of the market and its prevailing trends. Some trading firms, such as IC Markets, offer educational resources to their customers so they may learn more about this new industry. Moreover, IC account managers are likewise there to help you through your crypto journey. Whether you’re an experienced trader or a complete beginner, IC Markets will actually be useful if you’re serious about investing. This trading company offers all of the solutions and features you’ll need to improve your trading skills. So, if you’re seeking the best cryptocurrency trading platform, consider IC markets.

Other than cryptocurrencies, IC Markets has also committed to providing trading instruments including futures, Forex, indices, stocks, and commodities. IC Markets lets you access hundreds of currency pairs for trading. The forex market is a big one as its trading volume reaches billions of dollars on a daily basis.

IC Markets Account Types

Whether or not consumers have the opportunity to pick an account that best meets their needs is one component that can make a significant difference in their trading experience. The best thing is that IC Markets has put in a lot of effort to provide a wide range of trading account settings, which is precisely what any trader would expect from a brokerage firm.

To distinguish itself apart from the competition, IC Markets provides traders with a choice of three accounts, each of which has wonderful features for serious traders looking for an effective trading experience.

The standard account is highly suitable for beginners and for those who are new to the world of trading. It demands a minimum investment of $200 and has no commissions, unlike the Raw Spread account.

The next account type, IC Markets Raw spread account, uses MetaTrader and the cTrader trading platform. This account has one of the tightest spreads available in the digital FX market. As a result, you’ll save a lot of money on your investments. It, too, demands a $200 minimum deposit and delivers all trading types to its customers.

Lastly, if you’re a Sharia-compliant CFD and forex trader, the company likewise provides an opportunity for you to open up an Islamic Account. Such accounts involve no interest-based swap rates and hence, are the best alternatives for Muslim traders.  

Reliable Customer Care 

The platform’s user interface is quite welcoming, and the staff is helpful; the customer care area is also developed in such a way that users will not feel uneasy. The customer support hotline is open 24 hours a day to help traders with any concerns and questions they may have with their trading activities. Distressed users share their complaints and inquiries via their provided email addresses and are addressed on an ASAP basis.

IC Markets’ trustable staff will provide users with prompt solutions to problems they are encountering. They are hundred percent dedicated to the work they do, and hence, they won’t let you down. If you’re having trouble trading or have difficulty understanding the interface, staff members can advise you on what to do. Deposit and withdrawal disputes are handled quickly after queries are submitted since the company prioritizes these issues. Hence, you’d never get stuck. The proficient customer support team is there to help you out whenever needed.  

User-friendly Layout

Would you ever prefer working on a website that has been built poorly with a really bad color combination? Would you want to invest in a website that takes minutes to load and redirect you to your desired page? You’d probably not.

An appealing, fast user interface is one of the most important components of an online trading firm. Trading becomes fun and smooth when the user interface is intriguing. A poorly constructed dashboard has a negative impact on viewers and, in certain situations, leads to the viewer even abandoning the service. Hence, always visit the website properly before finally investing in one. Ensure that you are able to understand how things are working on it and you aren’t getting all puzzled up.

Moreover, everything on brokerage firms like IC Markets is designed to allow traders to respond immediately to the changing values of digital assets, especially Bitcoin, which is the world’s most valuable digital currency. The IC Markets’ interface is, therefore, particularly rapid. You’d always be updated with what’s going on, and you’d be allowed to respond as quickly as you want.

The overall design of the IC Market’s platform is pretty pleasant, with the utilization of graphics and vivid colors to provide users with an enjoyable trading journey. When you visit IC Markets’s website, you will see that it is designed in a smart and elegant manner.

The dark mode layout is typical of IC Markets. The view is sometimes perceived as simple because it lacks a multitude of lights and bells; nonetheless, the site’s ease of use is also motivating to new users. The mobile application has a pristine and tidy trading display that uses accurately positioned indicators to show the live market values of an instrument.

Regulation and Safety at IC Markets

A high degree of security is something that is pivotal when online brokers are considered. It’s vital to keep in mind that users are giving their personally identifiable information when signing up for a trading site. Economic and delicate facts, both of which are highly confidential, could be included in the site’s database, and therefore, it is important to keep them safe at all times.

IC Markets has made several efforts to protect this information from illegal access, hence improving the platform’s safety and security. All the funds are fully segregated from one and another and even from the company’s own operational team. 

Additionally, two-factor authentication (2FA) is used to keep identities secure. Credit card transactions are safeguarded by Secure Socket Layer (SSL) technology, which keeps everything protected from all sorts of malicious attacks.

Multiple levels of protection have been implemented into the website to ensure that no external hacking entity can obtain access to it. Encryption technology protects users’ private information from prying eyes, enhancing their security. Even employees are uninformed of the financial realities, ensuring that no one will ever falsify a company’s accounting details in order to withdraw funds from their personal bank accounts fraudulently.

IC Markets implements adequate controls and safeguards the transmission of private and sensitive client information both within and outside the company. It does not intentionally release customer information unless the client requests it or the law requires it.

Is it Legit?

The quick answer is yes. It is without any doubt 100 % legitimate. There hasn’t been a reported instance of a customer having issues with the platform’s integrity. The company’s talented programmers have included new security standards into its application, further enhancing its security. Due to the strong protection barriers paired with cutting-edge technology such as artificial intelligence, cybercriminals are unable to infiltrate the website’s programming and pull money from customers’ pockets. Without any doubt, IC Markets manages to meet all of the criteria for a safe and secure trading firm. Hence, you and your funds are safe, and this platform is a hundred percent legit. You really don’t have to worry anymore.

IC Markets follows policies that come with AML and KYC protocols. These are necessary to curb illegal activities as many fraudulent actors use trading platforms for money laundering. The platform is secured with the latest technology that makes it impossible for threat actors to attack the site.

Conclusion

If you want to have a good future in trading, you’ll need a trustworthy partner who’d guide you throughout your trading adventure. Your partner in this situation could be IC Markets. From the simplest way of signing up to choosing the account of your preference, from trading freely with numerous professional traders to taking advantage of bonuses to increase your earnings, everything has been set up the way you would like it to be

IC Markets is in an all-in-one forum, which precisely contains all that you have been in search of. By offering investors what they genuinely need, IC Markets has evolved to be among the World’s largest and the most known MT4 Forex CFD providers.

Hassan Mehmood (Saudi Arabia)

Hassan is currently working as a news reporter for Tokenhell. He is a professional content writer with 2 years of experience. He has a degree in journalism.

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