ICMarkets Review

ICMarkets Review
 

ICMarkets Review ICMarkets Review

If you’re going to trade the Forex market then you might as well deal with a broker that’s one of the largest around, right? ICMarkets is the largest Forex and CFD broker in Australia which is regulated by ASIC. They provide a good ECN trading experience. ICMarkets makes it easy for you to trade online. We feel people can really trust this broker, because they have little under 60.000 clients within the region and this amounts to about $40 billion each month as far as Forex volumes go. In our ICMarkets review we also found that they have some pretty low spreads, in fact some of the lowest in the business.

What we want to do now is get into what you can expect if you were to use ICMarkets. We tested them out just to see how effective they were. Here’s what we found.

ICMarkets makes it easy for traders who want to use an expert adviser.

With ICmarkets you’re getting a bonafide ECN Forex and CFD broker. This broker provides two of the most widely used and popular trading platforms out there. This would be Ctrader and Metatrader4

Each of these platforms provides you with spreads that are very tight and variable.

There’s a different between how much you can deposit if you decide to use MT4 or Ctrader. If you use MT4 for example you have to deposit at least $200. If you decide to use Ctrader, then you have to deposit $1,000. In either case we feel that these minimums are pretty reasonable to get started with.

ICMarkets is very trustworthy, because they are regulated by the Australian Securities and Investment Commission. They make sure customers are well protected.

They have a very good rebate program. It’s one of the most generous you’ll find anywhere. Because of the way the rebate structure is setup, as you experience more success you’ll get even better rebates.

You can open multiple accounts without having any issues. We had several accounts and most of them were using different expert advisers. A lot of other brokers just wouldn’t let you do this.

Summary

If you’re looking for a solid broker, then ICMarkets is tough to pass on. The benefits to using them are just too high. The spreads they offer are really tight. You’re dealing with a true ECN broker. They allow you to use expert advisers. You can decide to use hedging if you want. The withdrawal process is easy and they’re processed fast. The broker is regulated. Server times are GMT. Execution spreads are very fast. If you need to use customer service you’re going to like it, they are very professional. And they give out free VSPs if you’re an EA trader.

ICMarkets also provides weekly webinars that you’ll find really helpful. You can learn a lot of the basics of using their platform, place orders and how to make sense of the charts. It’s tough to find a better broker out there. So you should not wait,rather open a free live or demo account at once here

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