IC Markets

Admin July 14, 2024

Summary

IC Markets is an Australian forex broker established in 2007 and regulated by ASIC, CySEC, SCB (Bahamas), FSA (Seychelles), and FSCA (South Africa). IC Market offers popular MT4, MT5, and cTrader trading platforms; all are available for desktops, web browsers, and mobile devices. ICM Trading instruments include over 60 currencies, 10+ Cryptocurrencies, and over 1,600 CFDs including Gold, Silver, Stocks, Indexes, Bonds, and more.

Regulated

Meta Trading Softwares Used

MT4, MT5, cTrader, Trading Central

Overall Rating

3/5

Reviews

Asad Mahmood
1/5

I have an account with ICMarket. I deposited about 500$ into the account on August, 2024. After I made a profit of around $697 from trading, the withdrawal function on my account was locked. When I contacted support, they said they would check it. On August 4, my account experienced severe slippage of 2-30pips, leading to significant losses. Meanwhile, I was trading in the same manner as the previous day. It seems like they are conspiring to steal customers' money.

Phú Hoàng
2/5

I have an account with ICMarket. I deposited about $19,000 into the account on August 6, 2024. After I made a profit of around $40,000 from trading, the withdrawal function on my account was locked. When I contacted support, they said they would check it. On August 7, my account experienced severe slippage of 2-300 pips, leading to significant losses. After my losses were nearly depleted, ICMarket finally unlocked the withdrawal function and blamed the liquidity provider for not supplying enough liquidity, which caused the slippage. Meanwhile, I was trading in the same manner as the previous day. It seems like they are conspiring to steal customers' money.

Consumer
4/5

Very straight forward experience, my query was dealt with within minutes, and exactly what I needed was done

Adi-i
1.3/5

I do not recommend this broker, because everything is complicated, withdrawals, I have experienced this broker, it is very damn, if you don't want to be like me, don't transact with this broker, if you don't believe it, just prove it

boniface bundui
1/5

Deposit fast, withdraw declined. My first withdrawal was declined this is the sign that this broker is not the one for me.

Hassan
1.5/5

It was supper bad handling with Ic markets ,I deposited BTC but I don’t receive it and this is making me losing 2 deals in the markets 400$ ,they are said crypto gonna be in your account BT 24~48 hours no 100hours I didn’t receive it yet ,please stay way from this broker ,I give them 24 for back my money if they don’t I will report them to cyber gov au

Michael Soell
3/5

Nice experience so far, what ever technical questions or problems I had were solved by the agent immediately

Saeed Mozaffari
1/5

They don't provide their service to Iranian citizens.

Rao Ali
1.7/5

Scam broker

ZKai
2/5

They scam me friend of 69.000 euro. Highly don´t recommend this broker , they respond every 48 hours to solve issue.

ISAAC KELLY OFOSU
3.5/5

When it comes to customer care they are the best.

Clyde
1.1/5

B4 its Legit Now Its Scam Broker Icmarket is a legit broker before now its become the worst/scam broker. Imagine you have open trades(hedge trades) and then they will close it automatically for their advantage. I considered them a as fraud scam manipulated broker. Ive email their support@icmarket i was disappointed coz until now they were not able to reply my{ with complete details.} icmarket is an Incompetent scam broker. Now im suffering big losses coz of thier fraudulent activities. Closing an open trades without my permission is a scam broker.

rizqi ahmed
1.9/5

They are a group of fraudsters who approve this system on their website, which is Smart Stop Out, and they exploit it from a technical standpoint to trap us and thus steal our money in a way that is considered legal from their point of view. As for the legal point of view, this is 100% fraud, which is what they exploit, as according to their estimation and according to your description of the Smart Stop Out mechanism, this system performs a gradual stop operation. If you tell me how, after the gradual stop operation is completed and after you take the full percentage of the loss, the operation is supposed to stop here at this loss specific to the trading operation, but their fraudulent system completes trading on the remaining amount in the account with the same gradual stop operation that is supposed to have stopped at the limit of its trading operation, but after taking the supposed percentage, their system completes the same trading operation until they seize the remaining amount in the account, and this is what happened to me in every operation I traded on their fraudulent platform, noting that I trade in all trading operations by stopping the limit, but they do this gradual stop without direct permission from Trader, here they lose your money and seize it. big scamers stay away from this platform

road stermah
1/5

The most expensive and crazy fees from out of sky, stay away, there is much more cheaper brokers coz they are stealing your money

Lou B
4/5

Customer service with a server login issue was simple and had me connected in minutes. Top service

Kevin Mwangi
3/5

The quick response to my login problem and verification of account using a security question

Mohsin ali Jahanzaib
2/5

Very expensive broker my all balance cut in overnight holding fee even on Islamic account I feel regret to choose this broker ic market want to investigate my words i hate you I will never trade with you i had traded 30k $ with you but last time you washed my account just in daily holding fee on Islamic account i just have your broker

Osama Rashdan
1/5

I submitted an internal transfer between my trading account since 3 hours and until now it does not proceed, I hope I can upload the proof of that, and I visited chat support to expedite the process but nothing happened and I tried to place the withdrawal request, and since the amount was deducted from the account. The chat is useless and they are not available and you need to wait in the queue for more than 30 minutes. I will withdraw my money and I will never trade with them.

Kenneth Parren
2.3/5

Having the worst experience with them at the moment. Withdrawals get messed up. Deposits take for ever

Winehug
4/5

really easy fix with helping me to connect my phone to mt5