IC Markets Profile Details: Key Information About The Company

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Up to 75.93% of the broker’s non-professional clients incur losses when trading CFDs.

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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 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

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?

Open an account
Your capital is at risk.
Up to 75.93% of the broker’s non-professional clients incur losses when trading CFDs.

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

Email

-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
Contributor

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
Dr. BJ Johnson
Developmental English Editor

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
Cryptocurrency and stock expert

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.