Reviews About IC Markets From Clients In Colombia
Prospective investors can gain a more thorough understanding of the broker's performance by learning about the distinct requirements, challenges, and achievements of traders in Colombia. Hence, reading IC Markets reviews in Colombia is a crucial step every potential trader in the region must take, as they need every piece of information related to IC Markets services they can find.
However, in this post, TU experts will uncover and analyze reviews about IC Markets directly from the trading community in Colombia, shedding light on their regulations and whether they are a good choice for beginner traders.
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What is the minimum deposit on IC Markets?
The minimum deposit on IC Markets is two hundred dollars ($200).
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How to open an account on IC Markets?
Click "Get Started" on the IC Markets website to choose the kind of account (demo or real) you want to open. You'll be required to provide personal information, including your full name, email address, country of residence, date of birth, and contact details. Identity documents like a passport or driver's license and proof of address will probably need to be uploaded to verify your account. Submit your application after filling out all the fields and attaching the required files.
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Can you trust IC Markets?
Yes. IC Markets is a reliable and trustworthy broker. Leading financial regulators in the trading sector, like ASIC, CySEC, and FSAS, oversee them.
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Does IC Markets pay or not?
IC Market is a licensed broker that distributes earnings from transactions made on authenticated accounts. With a variety of payment options, traders can select the one that best suits their region and then follow the guidelines to take their profits out.
IC Markets reviews from traders in Colombia
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Comment
I decided to use the services of IC Markets not long ago. Now I think that not all negative reviews are justified. This is a good broker and I have already withdrawn profits several times, everything went without problems. IC Markets’ rates differ from those of other brokers. But you can adapt to this problem.
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Comment
I initially paid $3000 to start with and an account manager demonstrated a growth of $500 in quick time. A specialist then came in and tried to get me to invest $25000 to which I bluntly denied and they tried with $20K, then $10K and even $5K to all of which I refused! They have now kept me hanging and I asked for a refund to which they are asking for more money from me and I don't know what more to do! Also as of yesterday, the site itself is DOWN!! I cannot log in anymore and the email contact i had from there, when i sent the email to check it came back saying that domain does not exist anymore!! I am at loss of words and my hard earned money unfortunately i was able to recover my money back with the help of Olivia teams get in touch with them oliviatrader 44 at gmail com WhatApp +1 (423) 248 - 2140
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Comment
I was looking for a reliable broker and noticed the long existence and good reputation of ICMarkets. Moreover, my friend, who has been trading for a long time, recommended contacting them. After several years, I have become a more experienced trader and I am satisfied with the work of the broker.
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Comment
I have been trading with IC Markets for some time now and I can draw some conclusions. The platform works stably, which indicates a serious approach to its work. Spreads are quite optimal, although for cryptocurrencies they are higher than average as compared to those of its competitors. Slippages occur, there is nothing you can do about it. But there are no problems with requotes at all. In general, I think it’s possible to rate IC Markets “good”.
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Comment
There are many advantages to IC Markets broker. First, of course, is the presence of a license from a reputable regulator. Accounts can be opened for citizens of many countries. Second, the platform works very well. Order execution speed is high, and you can actively trade manually or with the help of an advisor. I am quite satisfied with IC Markets as a broker.
Is IC Markets regulated in Colombia? Is it legit?
IC Markets is a regulated broker, but even though they are not licensed or regulated by Colombian financial agencies, they accept clients from this jurisdiction. ICMarket is licensed by financial regulators from countries where Forex and stock trading are popular. IC Markets regulators are:
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Financial Services Authority of Seychelles FSAS
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Australian Securities and Investments Commission (ASIC)
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Cyprus Securities and Exchange Commission (CySEC)
Being regulated by these top financial agencies makes the IC market a reliable broker as it meets and complies with CySEC, ASIC, and FSAS regulatory requirements. Strict criteria for financial standards, such as capital sufficiency and audit requirements, are met by this broker. In addition, IC Markets is a part of the Financial Commission, an impartial body that handles disagreements and maintains an insurance fund that can cover traders up to EUR 20,000.
Due to its ability to satisfy traders' needs, IC Markets Global is among the biggest MetaTrader 4 Forex CFD providers worldwide. It offers precision and a variety of account types to fulfill different objectives. IC Markets employs tier-1 banks to hold client funds and provides retail customers with negative balance protection to further enhance security. Again, IC Markets provides up to $1 million in insurance funds. Hence, investors from all backgrounds can feel extremely secure using this platform.
Is IC Markets good for beginners?
Yes. IC Market integrates top trading tools and features that render it the best trading platform for beginners. The only challenge some beginner traders might have is the minimum deposit ($200), which might be high for some traders. IC Markets is regulated by respectable financial authorities, which is what every reputable and reliable company must do to ensure the security of clients' investments.
As a reliable and reputable Forex broker, it provides competitive trading conditions and a robust technological foundation. Along with cTrader, IC Markets provides a mobile trading platform and MetaTrader 4 and MetaTrader 5. These trading platforms provide cheap spreads, quick order execution, extensive features, and user-friendly interfaces, making them appropriate for novices. Additionally, there are no commission fees for deposits or withdrawals with the broker.
IC Markets offers a beginner-friendly account (demo account), which traders can use to practice trading without risking real money. Beginner traders can learn more about trading instruments, the Forex market, advisors, and indicators by utilizing the many educational resources offered by IC Markets. The instructional materials also include webinars, videos, articles, guides, and more.
The customer support staff at IC Markets is always available (24/7) to help traders with any inquiries or issues. They offer a search function and help center in addition to customer support.
How to trade on IC Markets
Trading on the IC Market is easy considering the user-friendly environment for trading on this platform. But before you begin, traders must research the broker's commission policy, available trading assets, minimum deposit, and the available opportunities for passive income.
1. IC Market Commission's policy
It is critical to understand the policies and procedures of the IC Market Commission because they offer transparency and make it easier for you to know the exact costs associated with each trade and any other fees. Since fees and commissions directly affect your trading profits, traders can calculate the total cost of their trades and evaluate how that could affect their overall profitability if they understand the commission structure.
2. Available trading assets
Stocks, currency pairs, indices, and cryptocurrencies are among the many trading instruments you can find on the IC Markets trading platform. Moreover, traders can make better trades by using CFDs to trade digital assets, futures, commodities, and bonds in a safe and secure environment. If you have a specific interest in one or more specific instruments or derivatives, like futures, options, or CFDs, you must determine whether the broker provides access to them.
3. Minimum deposit
The minimum deposit is something else to examine before you trade on the IC Market trading platform. The $200 minimum deposit on IC Market may be appropriate for some inexperienced traders, but it may not be for others.
4. Opportunities for passive income
Finding out about the opportunities for passive income on IC Markets is another crucial factor that traders should think about before registering. You may want to look into opportunities such as copy trading, affiliate marketing, automated or algorithmic trading, asset loans, dividend investing, long-term investing, and other options in addition to trading forex and stocks for income.
Below are the steps to follow to register on the official website of the IC Markets platform and obtain access to the secure client area to open trading accounts.
Step 1: Visit the official website of IC Markets and click on Get Started or the client login button.
If you are a new user, click the "get started" button. While the client login is reserved for returning users with existing login credentials, new users can also create new accounts there.
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
Note: If you prefer not to leave the safe client area when trading on the IC Market, you can trade with WebTrader.
IC Markets official website
All you have to do is choose the Webtrader option, pick your preferred platform, and enter the login information that was emailed to you.
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
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).