Founded in 2007 in Australia, IC Markets has managed to grow into a popular international broker and become a favorite of many traders, both novices and professionals. The broker is mostly known for its low Forex fees and broad variety of available trading instruments. In this article, we’re going to tell you more about this company, explain how to create your own personal account here, and give you some advice on how to use its features to start earning.
Basic information
IC Markets has been around for more than a decade already, and it has a reputation of a responsible, secure, and well-regulated broker. IC Markets is being supervised by ASIC (the Australian Securities and Investment Commission). The regulator closely monitors all of its operations and ensures that an investment you make remains safe with this broker. Moreover, your funds are insured, and there is a clear process of filing complaints established.
When it comes to trading conditions, IC Markets is also pretty attractive. The broker offers many tools including currency pairs, commodities, stocks, and bonds to choose from. The spreads are really nice and narrow: the average spread is just 0.1 pips. The trading platform itself is very stable and performs well even under heavy load, processing more than 500,000 transactions a day with an average delay of just about 60 ms. All in all, the broker is safe and user-friendly even for beginners.
Personal account features
Before you can start trading on the platform, you must create an IC Markets personal account. But the process is really simple, and then you get access to a very useful dashboard with all important info on your transactions, positions, and earnings. A personal account allows you to manage your funds, read news and market analysis without having to look for some third-party outlets, withdraw or deposit your money, and so on. Basically, it’s an all-in-one tool for managing all trading-related things.
If you want to open a personal account, just go to the official IC Markets website and register. You will just need to provide a working email and personal information, and then you’re ready to go. However, unlocking all the features of the platform requires that you verify your identity by providing a document proving that your personal info is true. A standard trading account gets created for you automatically.