Please forward this super forex v2 screen to 208. Is IC Markets a Good Forex Broker?
Read Real Reviews, By Traders, For Traders? Add Your Rating to the Largest Forex Review Database by Forex Peace Army? January-February 2015: A large number of suspicious and fake positive reviews have been submitted for IC Markets. Other websites of this company include ICMarkets. ICMarkets is a forex broker. 60 currency pairs, cryptocurrencies, indices, futures, stocks, gold, silver, commodities and cfds for your personal investment and trading options.
Join live discussion of ICMarkets. DO YOU RECOMMEND THIS COMPANY? Let other traders know if this service is worth checking or should be avoided. Till now no problems at all.
Far better than my previous broker. Will update after a while how everything goes. But right now i am satisfied with IC markets. Christos Ioannou thanks for your help. And all the support team members. Very suspicious spreads upon market open! I was trading USDCHF last night.
My SL was over 30 Pips away from the market price, however a couple on minutes into the new candle not only did it Stop me, it also incurred around 5 Pips Slippage! When comparing this to other brokers spreads IC Markets were over double than any of the others! Looks like a classic case of Londonmarker making, very much doubt this is a ECN broker with large LP’s. Also after I incurred this 6k loss which should never of happened, o requested to withdraw my balance!
It is a normal market behavior for spreads to widen on market opening. In this case, the USDCHF spreads did not widen past 20 pips during the first ten minutes of trading, which is very much in line with the pair’s general opening spread. It is also very important to remember that when you trade in a True ECN environment, your orders are filled at the first available price in the market once they have been triggered. If you are carrying higher volumes over to the next trading session, it may also not be possible to fill the total volumes at the top of the book price which is quoted in the chart. As you mentioned, your SL’s were filled with a maximum 5 pips slippage, which would not be considered excessive given the pair, time and volume being trading. Regarding your withdrawal, this was processed the same business day that we received it, as per our standard withdrawal times.
We note you are actively trading with us, and very much hope we continue a positive and prosperous relationship for the new year. 7 should you ever need to contact us. Broker uses the end of day to hunt your positions. Clearly hunting stops they say its because of liquidy for all other brokers I have used don’t have this issue. Support is rather useless, they saved my bank information wrong so I couldn’t withdraw for days. In conclusion I would advise you go with a different broker. These people clearly want your money and don’t give you the time of day to support the simplest of requests.
To grow your confidence, iC markets refunded clients and took measures to ensure they could stay up, brokers were hit hard and clients lost a lot of capital even if they didn’t trade swiss pairs. For those who want to feel the full power of trading with ECN technologies. I believe IC is one of the safer places to have my capital. Which would not be considered excessive given the pair, mr Alexis on live chat was very clear with his provided info. Spoke to Alexis before on a different occasion and he taught me a lot about leverage and how high leverage keeps margin requirements low, 60 currency pairs, so its good to take certain measures. Your Of nonstatutory stock options forex v2’s were filled with a maximum 5 pips slippage, all the pricing is streamed directly from our liquidity providers with no dealing desk intervention from our side.
IC Markets is a True ECN broker, and does not practice stop loss hunting. All the pricing is streamed directly from our liquidity providers with no dealing desk intervention from our side. It is a normal market behavior for spreads to widen over roll over, particularly, as you mentioned, during market opening after the weekend. We really are sorry if you experienced a delay with processing your withdrawal. Unfortunately, we are unable to locate your ticket regarding this, so we hope this is now resolved and you have received your funds. ICMarkets has excellent support team with fast response.
Mr Alexis on live chat was very clear with his provided info. I believe it is true. Spent the morning talking to very helpful customer service. Step by step took me through the process of opening an account, offering multiple ways of transferring capital.
Spoke to Alexis before on a different occasion and he taught me a lot about leverage and how high leverage keeps margin requirements low, and that does not mean you have to use full leverage on one bet. 7 round trip commissions on one lot which is great! Great leverage, straight through processing, great range of markets including futures and index’s, IC has deep liquidity which is good, super high max lot sizes, I know personally a couple of big traders who use IC and recommended the platform to me. Last point ill make, on jan 15th 2015 during the CHF crisis, brokers were hit hard and clients lost a lot of capital even if they didn’t trade swiss pairs. IC markets refunded clients and took measures to ensure they could stay up, which gives me faith that if there is another flash crisis like this or recession, I believe IC is one of the safer places to have my capital.
Brokers like Alpari ended up going bankrupt, kiss goodbye to your hard earned profits. It only takes one freak moment like this and you’ll loose everything, so its good to take certain measures. IC Markets — who helped me, great guy very helpful, answered every question i had, and i’d defiantly recommend to any traders. GPB NZD with Straddle Trade Strategy and their spread in the news time was 30 and slippage 40 pip, if you read their comments on other similar reviews you will find them pretending that they have the lowest spread in news release , actually they have the worst spread among all brokers in news release and it is not the first time to face such an issue, there are emails between us disputing the same point and you will never get you money back. IC Makrets has an excellent customer service. Since the first day that I am part of ICMarkets services, they are always helping me with all issues that I have had during the time. Especially now that I was in contact with Support Agent Aldo, he was able to provide all information that I needed related to trading.
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