Our trust rating takes into account a range of factors that influence a brokers reliability and reputation, These factors include how the broker is regulated, whether they use segregated bank accounts, their years in business, banking tiers, customer support offered, and much more.
Australian Forex, futures and CFDs provider ICMarkets is a leading broker in the industry. It is regulated by Australian Securities and Investments Commission (ASIC). Currency pairs, indices, and commodities are offered for trading through their many platforms.
The popular Metatrader 4, Metatrader 5 and cTrader platforms are provided to clients for both desktops and smartphones. Ther offer competitive variable spreads, however, there are no “fixed spreads” accounts.
You can easily deposit funds into your account through a lengthy list of payment processors, including Credit and Debit Cards, Moneybookers, Wire Transfer, NETELLER, Webmoney, BPAY Deposit (Australia Only), Branch Cash Deposit (Australia Only), China Union Pay, FasaPay and Broker to Broker Transfer. However, withdrawals are only possible through 3 options, and those are Neteller, Wire bank transfer, and credit/debit card.
High 1:500 leverage is given to clients for maximum flexibility and $200 is the minimum deposit required to open an account. Micro lots are the smallest available lot size suited best for the smallest trading accounts.
Forex, CFDs, Futures
Forex, Indices, Commodities
Afghanistan, Guinea, Conakry, Sierra Leone, Botswana, Iran, Syria, Burma (Myanmar), Iraq, Togo, Cambodia, Lesotho, Yemen, Cote d'Ivoire (Ivory Coast), Liberia, Zimbabwe, Cuba, Libya, Tanzania, Democratic Republic of Congo, Mali, Bolivia, Former Liberian Regime of Charles Taylor, Niger, Angola, Gambia, Nigeria, Antigua and Barbuda, Ghana, North Korea, Kyrgyzstan, Guinea, Bissau, Senegal, Namibia
MetaTrader 4, MetaTrader 4 iPhone, MetaTrader 4 Android, MetaTrader 4 Apple Mac, cTrader, cTrader Web, cTrader Mobile, cTrader cAlgo, cMirror, MetaTrader 5, MAM/PAMM, Myfxbook Autotrade, FIX API, Trading Servers, ZuluTrade, Signal Trader, Web Trader
Apple - Yes, Android - Yes
If you hate fees then you will probably like this broker as they don’t apply any withdrawal or inactivity fees. Only a small deposit fee applies through some of the payment methods. ICMarkets is an ECN broker, hence, they provide to clients Direct Market Access and straight through processing. Through their platforms, you have the option for one-click trading and placing trailing stops. Using robots (EAs) is allowed as is any use of hedging strategies. For your convenience, signal and automated trading are available. Also, shall you need them, price alerts can be easily set up.
If guaranteed order execution is very important for you then you will probably find that other options fit you better, as ICMarkets doesn’t guarantee that limit and stop loss orders will be executed under all conditions. VPS servers are only available for traders with big accounts as you must trade over 100 lots per month to be able to apply for VPS support.