IC Markets was launched in 2007. IC Market is a legal broker that is duly regulated by top regulatory bodies. This broker complies with the regulations set forth by the Financial Services Authority and the CySEC. ASIC also regulates them. Owner is Andrew Budzinski. Broker offers trade CFDs, Forex, futures, stocks, bonds, commodities, and cryptocurrency CFDs. Minimum deposit - $200.
IC Markets Profile Details: Key Information About The Company
IC Markets is among the top brokerages, making it easier for investors to achieve their financial goals considering the tools they make available. They offer various financial instruments, including Forex, indices, bonds, commodities, stocks, and futures. While it is an excellent choice for experienced and beginner investors, traders must create a user profile before investing with this broker.
But before a trader creates a user profile, they must first learn about the IC Markets Business profile details. However, TU specialists will be offering thorough details on IC market services in this article; continue reading.
IC Market official website
What is the company profile of IC Markets? The company profile of IC Markets contains details about the broker, such as the services it provides, account types, fees, trading platform, and other terms about its services in general.
Is IC Markets a trusted broker? IC Markets is a trusted broker that is monitored by multiple regulators globally. The Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Authority of the Seychelles (FSA) all oversee them.
Which country is IC Markets from? Established in 2007, IC Markets is a Cyprus-based brokerage.
Who is the owner of IC Markets? The founder of IC Markets, a top investment platform, is Andrew Budzinski (CEO of IC Markets).
What an IC Markets profile includes?
An IC Market profile includes top-level information about the services available to users and facts they must know. The table below illustrates the assertion above.
Broker | International Capital Markets (IC Markets) |
---|---|
Industry |
Finance; Forex trading |
Launch year |
2007 |
Founder |
Andrew Budzinski |
Headquarters |
Australia, Sydney |
Regulators |
FSA; CySec; ASIC |
Operational regions |
Latin America; Europe; Africa |
Minimum deposit |
$200 |
Account types |
Standard account and Raw Spread account. |
customer support |
Yes |
Max leverage |
FSA: 1:500; ASIC: 1.30; Cysec: 1.30 |
Trading platforms |
MetaTrader 4, MetaTrader 5, cTrader |
Deposit and withdrawal options |
Credit/debit cards; Bank wire transfers, e-wallets such as Neteller and Skrill |
Trading instruments |
Forex, Commodities, Indices, Bonds, Stocks, Futures, Cryptocurrency CFDs |
Currency |
USD, EUR, AUD, SGD, CAD, JPY, GBP, NZD, HKD, CHF |
Established in 2007, International Capital Markets is an Australian Forex and CFD broker providing trading solutions for experienced and inexperienced Forex traders. Traders can open accounts using ten base currencies. They offer trading platforms with competitive leverage in comparison to other brokers so that traders can trade CFDs, Forex, futures, stocks, bonds, commodities, and cryptocurrency CFDs.
IC Markets provide customers with superior liquidity, low latency connectivity, and state-of-the-art trading tools. This broker integrates most of the popular trading platforms. This includes the likes of MetaTrader 4, MetaTrader 5, and cTrader. These platforms are accessible through mobile and web versions for iOS and Android smartphones. Additionally, clients can practice trading with virtual money in a free demo account offered by the broker before making a real trade.
Segregated accounts and negative balance protection are just two of the safety measures that IC Markets, a licensed broker, provides to its customers. They are regulated by ASIC, FSA, and CySec, making them a safe and reliable broker. The broker is regulated as well as a part of the Investment Compensation Fund (ICF), which offers up to €20,000 per individual if a company files for bankruptcy.
IC Markets general information
IC Markets offers low commissions, competitive spreads, and no hidden fees. The transaction fees and commissions depend on the type of account you open and the instrument you are trading. With no commissions and no additional costs, IC Markets provides its retail clients with tight spreads on Forex pairs beginning at 0 pip. The spreads are still competitive for other instruments like commodities, indices, and cryptocurrencies.
Additionally, the broker provides Islamic clients with swap-free accounts. It does not impose an inactivity fee on forex traders or other commodity traders who do not use their accounts for a predetermined amount of time, and it offers a variety of deposit and withdrawal options.
While withdrawals may take up to 48 hours to process, deposits are usually completed in less than 24 hours, depending on the payment method. As an extra security precaution, the Anti-Money Laundering (AML) policy is also in place, as it integrates a zero-tolerance policy.
Contact Information
-Client Relations: clientrelations@icmarkets.com. -Support: support@icmarkets.com. -Accounts: accounts@icmarkets.com. -Marketing: marketing@icmarkets.com. |
|
Phone |
-General: +248 467 19 76 (International charges may apply) -Brazil: +5508008783054 -Thailand: +661800011956 -Indonesia: +6280332160329 -Colombia: +5718005190364 -Vietnam: +8412032513 -South Africa: +27800172944 |
Physical Address |
-Eden Plaza, Office 222, Eden Island, Mahe, Seychelles -86 Franklinou Roosvelt, 4th floor, Office 401, 3011 Omonoia, Limassol, Cyprus |
IC Market Enterprise history and synopsis
Leading financial expert Andrew Budzinski invented the IC market, a premier trading platform. Since its launch in 2007, the platform has expanded and become a significant participant in the financial industry. As of 2021, IC Markets reported $9.32 trillion in trading volume for the year.
IC Markets can legally and compliantly work with traders from many jurisdictions thanks to the group's offices spread across various regions. You can make trades as small as one micro lot (0.01); trade sizes are not subject to constraints or limitations. The platform's adaptable lot sizing lets traders try the platform risk-free and adjusts trade sizes to match your account balance.
With 60% of all trades at this broker being algorithmic, IC Markets is well-liked by traders who employ automated strategies.
IC Markets executive team
IC Market, which Andrew Budzinski is the founder of, has over 800 employees. Below is a list of some of the top management teams.
Andrew Budzinski: Company Founder
Luis King: chief marketing officer
Lucy Lu: Chief financial officer
Audrey Espineda: Marketing executive
Lindsay Goulding: Marketing assistant
Ryan Acosta: Graphic designer
Mayura Masti: Human resource manager
Chalisa Paltridge: Head of legal
Tumelo Sekgoka: Health partnership
Tu Nguyen: Customer support executive
Kate Nguyen: Senior account executive
Nikolas Christofi: Business Analyst
Archana Ashok: Technical lead
Kalvin Johnston: Software engineer
Customer base
With over 180,000 active clients worldwide and US $1.2 trillion in trading volume (March 2023), it has emerged as a market leader. The IC market platform is available for registration and trading by traders in the following nations.
Australia
Thailand
United Kingdom
South Africa
Singapore
Germany
Norway
Sweden
Hong Kong
India
France
Italy
Denmark
The trade servers for IC Markets Global MetaTrader 4 and cTrader are located in the NY4 and LD5 IBX Equinix Data Centers in New York and London. These servers are known to offer clients faster execution speeds.
Legal entities and regulation
IC Market is a legal broker that is duly regulated by top regulatory bodies. This broker complies with the regulations set forth by the Financial Services Authority (FSA ; license number: NO SD018) and the CySEC (license number: 362/8) and is licensed by both organizations. ASIC, an Australian securities and investments commission, also regulates them (license number: 335692)
IC Markets is a reliable and safe broker that is available in countries across Europe, Asia, Africa, and North America. Australia, Thailand, the United Kingdom, South Africa, Singapore, Germany, France, Italy, and Denmark are a few nations where IC market services are permitted.
Products overview
A vast array of tradable markets, such as Forex, commodities, indices, bonds, stocks, futures, and cryptocurrency CFDs, are available to traders at IC Markets. Futures traders can choose from a variety of options offered by IC Markets, including FX Futures, Index Futures, Treasury Bond Futures, and Commodity Futures. More than 60 currency pairs, including majors, exotics, and minors, are available at IC Markets. It also offers 28 commodities, which include well-known indexes like gold, silver, WTI, and Brent crude oil, in addition to the S&P 500, Dow Jones 30, DAX 30, and FTSE 100.
US Treasury bonds and other government-issued bonds are available as CFDs from IC Markets. There are approximately eleven bonds available, including the T-note and T-bond. The broker offers stocks from respectable firms like Microsoft, Apple, and Amazon. They provide over 2100 stocks from over 16 exchanges for trading.
IC Markets services
Modern trading platforms, fast connectivity, and excellent liquidity are among the services IC Markets provides for their clients. This broker provides traders with copy trading services. The IC Social app allows traders to link their IC Markets Global account to IC Social, choose their preferred trader from a list of traders, and begin copy trading by simply entering their account login details.
Although IC Markets does not directly offer signal services, this broker does. To offer Autotrade, they collaborate with Myfxbook. You can copy strategies from Myfxbook signal providers straight into your IC Markets trading account with “Autotrade.” Another option is to subscribe to the signals straight from the MT4 platform. Again, they offer their clients multilingual customer service that is available 24/7. Traders can contact the IC Market customer service department by phone, email, or live chat.
IC Markets offers a vast library of e-books, webinars, videos, and tutorials on Forex trading. The broker provides over fifty technical indicators useful for carrying out intricate analysis. Additionally, the broker offers a selection of charting tools to assist traders in making wise trading choices.
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.
The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.
Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.
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). Mirjan is a cryptocurrency and stock trader. This deep understanding of the finance sector allows her to create informative and engaging content that helps readers easily navigate the complexities of the crypto world.