Reviews About IC Markets From Clients In Brazil
The first step to success in the trading industry is to work with a top-tier broker, as they provide traders with the best tools to trade assets in the financial market. Globally, IC Markets is among the best trading platforms, but before opening an account with this broker in Brazil, check out what it has to offer. IC Markets reviews in Brazil entail basic information about this broker and feedback about IC Markets by traders using this broker for trading endeavors.
This article by TU experts gives potential traders in-depth analyses of the IC Market. You will find information about IC Markets' regulatory status in Brazil, including feedback about IC Markets from traders who have made investments with this broker.
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Is it easy to start trading on IC Markets?
Yes. The account opening process is straightforward, and you can start trading immediately after completing the registration process.
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Is IC Markets a trustworthy broker?
Yes. IC Market is a reputable and trustworthy broker. They are regulated by the Financial Services Authority of the Seychelles (FSAS), the Australian Securities and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC).
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How to make a profit on IC Markets?
Making a profit on IC Markets involves a combination of knowledge, skills, and disciplined execution of trading strategies. You must be knowledgeable about trading platforms, financial markets, and the variables that affect price changes. Develop a trading strategy that fits your risk tolerance, financial objectives, and time commitment by learning about market indicators, technical analysis, and fundamental analysis. Avoid putting all your funds into a single asset or trade.
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Where are IC Markets regulated?
The IC Market trading platform is regulated in the Seychelles (FSAS), Australia (ASIC), and Cyprus (CySEC).
IC Markets reviews from traders in Brazil
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Comment
RoboForex trading account setup is fast and it was easy for me to pull my first trade on MT4. There are 3 types of order execution and loads of ready-to-use indicators and tools for technical analysis and graphic analysis on the trading platform. Among the different order types, the market order is the simplest. When executing this entry order, it opens a trading position immediately, helping me achieve my main goal of selling or buying the asset at the current market price without delay. Also, the broker's EUR/USD spread is close to the declared 0.2 - 0.5 pips. In other currency pairs, it's better to consider the limit order because spreads could be pretty wide.
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Comment
Today,April 11, 2024, I made a deposit using a new payment method to fund my RoboForex trading account. I always received the deposited amount real-time in my previous service provider and was expecting the same this time. That did not happen unfortunately. I waited for five hours before finally contacting the RoboForex customer service just in case it was just a minor glitch in the system. The platform has a number of customer service channels to choose from like Whatsapp, Telegram, Messenger, etc which is convenient. I contacted them through Facebook Messenger at 2 pm local time (+8 GMT) and got a response right after I sent my concern. Website says customer service is 24/7. Was asked to provide my trading account number and made it clear that some transactions can take up to five business days to reflect, depending on the service provider. But somehow the funds made it into my account within the day after the interaction. Happy about their prompt response on this one.
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Comment
I signed up with RoboForex two weeks ago and the process went smoothly overall. Only one thing to remember: they have a specific requirement on the password format which took a bit of my time. I use the same password on all my trading accounts which RoboForex kept rejecting, so had to come up with a new one which for me is a source of slight inconvenience for my future transactions. After submitting the documents confirming my identification and home address, they sent me an email informing that my MT4 Pro account has been successfully opened. It’s fast. There are four different account types to choose from: Demo, Real, CopyFX Trader, and Partner which appeals to different types of traders and I selected a demo since I am a beginner. From my understanding you can open multiple accounts at once and there can be different types, depending on preference. The demo account has a $10,000 balance and a 1:1000 leverage and I just started playing around. Wish they will be more flexible with th
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Comment
RoboForex is a beginner-friendly platform. I was able to set up an account by following the instructions I saw in the blogs section. After setting up a demo account, I opened the web trader version of the trading platform, and the educational guides on how to trade I found on this trading platform have helped me in my trading journey. The educational resource explained the importance of studying the price movement of the asset you choose and how to select the order volume, of which 1.0 is the recommended value. Beginner traders can consider the educational resource available on the RoboForex platform as there are provisions for those looking to learn how to trade using major trading pairs like GBP/USD, EUR/USD, USD/JPY, USD/CHF, AUD/USD, USD/CAD, etc.
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Comment
I've been trading with Roboforex for over 2 years now, and I can't say anything bad about the broker. Their trading conditions are better than those of larger companies. The spreads on ECN accounts are minimal; it's a pleasure to scalp on the EUR/USD pair. Yes, during increased volatility, spreads may widen, but I don't trade the news, so it's not essential for me. Also, I take advantage of Roboforex's free VPS for automated trading. I recommend this company
Is IC Markets legal in Brazil?
IC Markets stands as a credible broker subject to regulation by esteemed financial authorities, including the Financial Services Authority of the Seychelles (FSAS), the Australian Securities and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC). It's worth noting that IC Markets operates without licensing or regulation from financial bodies in Brazil, although it welcomes clients from this jurisdiction.Brazil's financial regulator, Comissão de Valores Mobiliários, considers IC Markets operating procedures to be safe for investors.
The broker's commitment to regulatory compliance with CySEC, ASIC, and FSA standards positions it as a trustworthy entity. Adhering to rigorous financial benchmarks, including capital adequacy and audit requirements, underscores IC Markets' dedication to maintaining high standards. Furthermore, as a member of the Financial Commission, an impartial organization specializing in dispute resolution, IC Markets offers an insurance fund with coverage of up to EUR 20,000 per trader.
IC Markets Global has emerged as a leading provider of MetaTrader 4 Forex CFDs on a global scale, emphasizing precision and catering to diverse trading objectives through various account types. To enhance security, IC Markets opts for tier-1 banks to hold funds. Retail customers benefit from negative balance protection, assuring that they won't be charged beyond what they have paid.
This characteristic enhances confidence in all user profiles by positioning the platform as the best option for inexperienced and seasoned investors. IC Markets is a highly credible platform that provides its customers with profitable investment opportunities in addition to comprehensive product knowledge.
How to open an IC Markets account?
Before entering the trading world, traders should familiarize themselves with important information, such as the commission policy of the broker, the available trading instruments, the minimum deposit requirements, and the possibility of earning passive income. Before beginning any trades on the IC Markets platform, it is imperative to ensure that the minimum deposit is clear. Although some novice traders may find the $200 minimum deposit acceptable, others may not share this opinion. Before registering with IC Markets, traders should also carefully consider the opportunities for passive income. A large selection of trading instruments is available at IC Markets, including currency pairs, stocks, indices, and cryptocurrencies.
Once the thorough research has met the required standards and gained approval, the subsequent action involves initiating the process of creating a trading account. Before entering the world of real trading, novice traders are strongly encouraged to start by opening a demo account.
Step 1: Visit the official website of IC Markets and click on Get Started or the client login button.
IC Markets official website
Step 2: Select the type of account you want to open and enter your details
IC Markets official website
Step 3: Continue with the trading account creation in your IC Market secure area
IC Markets official website
Step 4: Your login information will be sent to you through email.
IC Markets official website
Step 5: Download the trading platform
IC Markets official website
IC Markets official website
Note:
If you prefer not to leave the safe client area when trading on the IC Market, you can trade with WebTrader.
All you need to do is select the Webtrader option, choose the platform of your choice, and input the login credentials that were sent to you via email.
IC Markets official website
Step 6: Enter the login credentials sent to your email in the downloaded trading platform and start trading
IC Markets official website
Key information about IC Markets
Yes. IC Market is among the best trading platforms for novices because it incorporates the best trading tools. With a $200 minimum deposit and no commission fees for deposits or withdrawals, IC Market provides quick order execution and competitive spreads. The broker is renowned for its technological infrastructure and competitive trading conditions. A mobile trading platform, cTrader, MetaTrader 4, and MetaTrader 5, are all provided by IC Markets. These platforms' extensive feature sets and user-friendly interfaces make them appropriate for novices.
Respectable financial authorities regulate IC Markets, and they offer a demo account and educational resources in the form of webinars, guides, informational articles, and video tutorials. IC Markets' customer service team is available 24/7, and the broker offers a search function and help center in addition to customer support. A wide range of social copy-trading platforms and platform plugins are available at IC Markets, with access to over 2250 CFDs on currency pairs, commodities, indices, shares, ETFs, futures, and cryptocurrencies. The Hong Kong Stock Exchange and the NASDAQ are just two of the exchanges where stock CFD trading is available through IC Markets.
Team that worked on the article
Peter Emmanuel Chijioke is a professional personal finance, Forex, crypto, blockchain, NFT, and Web3 writer and a contributor to the Traders Union website. As a computer science graduate with a robust background in programming, machine learning, and blockchain technology, he possesses a comprehensive understanding of software, technologies, cryptocurrency, and Forex trading.
Having skills in blockchain technology and over 7 years of experience in crafting technical articles on trading, software, and personal finance, he brings a unique blend of theoretical knowledge and practical expertise to the table. His skill set encompasses a diverse range of personal finance technologies and industries, making him a valuable asset to any team or project focused on innovative solutions, personal finance, and investing technologies.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).