IC Market, which was established in 2007 and is primarily based in Sydney, Australia, is regarded as a "CLASSIC" foreign currency brokerage of the current day.
The goal of IC, a reputable and HIGHLY regulated (by ASIC) brokerage, is to give market participants the BEST trading experience possible.
Our natural desire to study helps us build a solid trading foundation. The moment comes to specialize, though.
The International Capital Markets PTY runs the brokerage firm, and its Sydney headquarters are on level 6 of 309 Kent Street.
In comparison to other Australian brokers, IC Market is well renowned for offering the most leverage and the lowest spreads and fees. In addition, IC offers commodities, indices, and other features.
The recent appointment of Andreas Skianis as the Global Head of Partners has bolstered the leadership team of the broker with its Australian headquarters, IC Markets.
According to his LinkedIn profile, Skianis has already joined the company in the new position and is based in Limassol, Cyprus.
He posted on LinkedIn, "I'm thrilled to share that I'm starting a new position as Head of Partners at ICMarkets."
Note: IC Market doesn't offer any type of deposit, cash back, or affiliated bonus.
With regard to working with forex and contracts for differences (CFDs) brokers, Skianis has a wealth of knowledge. Throughout his professional career, he has worked for various brokerage companies.
He spent only six months with IronFX before to joining IC Markets. He managed two emerging markets—Asia and Africa—as the head of business development there.
He also served as the Global Business Development Manager for MT4 Markets, an offshore broker, for a brief period of four months.
With his position at HotForex, Skianis began working in the financial services sector in February 2015.
He started working for the firm in a position involving Partnership Sales and Business Development and ultimately advanced to the position of Head of Asia Business Development. He was with that broker for approximately seven years.
A WELL-KNOWN BROKERAGE
One of the top names in retail FX and CFD trading is IC Markets. Its headquarters are in Australia, and ASIC has granted it a local license there.
The broker, however, has a substantial global presence. It has a license from Cyprus' financial market authority to operate in Europe, and it also has licenses from the Bahamas and Seychelles.
The broker is also actively marketing its offerings in the European markets, and last year, it signed sponsorship agreements with a number of football clubs there.
To improve client protection and dispute resolution procedures, it also joined the Financial Commission last year.
TRADING CONDITIONS
Whether trading is done domestically in Australia or abroad, IC Markets is one of the most well-liked brokers. Besides, they prove 3 types of trading accounts that are currently considered a good decision among the traders.
Here they are:
- Standard trading accounts
- Raw spread trading accounts
- Trader raw trading accounts
Decide which option best suits you.
Since they were created especially for them, regular trading accounts are best suited for Forex newbies. The account has wide spreads and NO commission fees.
The raw trading accounts, on the other hand, are created for the professionals in the Forex market. Additionally, the account has minimal spreads but charges $3.50 each lot in commission.
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Moving on, the cTrader accounts are also designed for experienced traders to increase their enjoyment of trading.
The cTrader offers spreads that are extremely low but levies a $3 per lot commission. Additionally, C# is being used in these accounts.
Additionally, the minimum deposit requirement for IC is $200 or a similar amount, and the average spreads for EUR/USD, GBP/USD, and EUR/GBP are each 0.1 pip.
PROMOTIONAL & BONUS
Unquestionably, one of the most stringently regulated Australian Forex brokerages is IC Market, and they have proven themselves by delivering reliable results.
In addition, IC doesn't provide you with any bonuses or promotions; however, what might be the cause?
We'll be honest, one reason could be that they don't want to say anything that might be construed as defamatory. Bonuses, as we are all aware, are most likely the focal point of every spam operation.
We can all connect to that, too!
Therefore, IC might not be the best choice for you if you're a trader who chooses trading bonuses.
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