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IC Markets What account types are available?
IC Markets Provide two types of accounts, standard accounts and our market leading Raw Spread Account.
Original spread accountThis account displays the original interbank spread received from our liquidity provider.Collect per standard hand turn 7 A commission in US dollars.
Standard AccountWe do not charge commissions on standard accounts, but rather on top of the original interbank interest rate received from our liquidity provider 1 Add a price to the difference of points.
For more information on the different types of trading accounts available, please visit ourAccount Overview Page.
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stay IC Markets What are the transaction fees and commissions?
IC Markets There are two types MetaTrader Account types, one is a standard account, and the other is our market leading account The Raw Spread Account.IC Markets No commission will be charged to the standard account, but will be added to the original interbank price received from our liquidity provider 1 A little difference.IC Markets The original spread account displays the original interbank spread received from our liquidity provider. On this account, we charge a standard fee for each round of trading 7 A commission in US dollars.
The following are commissions for different base currency accounts:
AUD 7.00
dollar 7.00
euro 5.50
pound 5.00
SGD 9.00
Japanese yen 700.00
Swiss Franc 6.60
New Zealand dollar 9.00
Hong Kong dollars 54.25
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What is the minimum amount required to open a trading account?
IC Markets Allow customers to use the minimum 200 Open an account in US dollars or equivalent currency.
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IC Markets What are the transaction terms?
Our mission is to provide traders with more than 1980 The minimum spread and fastest execution of various foreign exchange products, including foreign exchange, precious metals, stocks, futures, and other commodity price difference contracts. We have invested heavily in technology and established strong relationships with some of the largest and most reliable pricing providers in the market.
For more information about the product, please click here:Product Series。
We also strongly recommend that you carefully read the applicable additional costs, risks, and your responsibilities before deciding to trade with usAccount Terms。
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IC Markets yes ECN/STP Broker or market maker?
This is one of the most commonly asked questions. understandECNandSTPThe difficulty with meaning lies in the fact that many people interpret them differently. There are three main business models used by foreign exchange brokers, with differences in the processing of transactions and the execution of orders:ECN、STPAnd market makers.
ECN:ECNRepresenting "electronic communication network", this is a simple technical term used to describe how banks and liquidity providers are interconnected to form buying and selling prices. In the foreign exchange industry, it can be used to identify providers using such pricing mechanisms in order to provide original interbank pricing to retail traders. In this mode, your broker will stream the original price, and your transaction will be held internally by another client, liquidity provider, or broker. This usually accelerates transaction execution speed. This is different from order execution, which may result in offsetting orders being placed with liquidity providers.
STP: The term stands for straight through processing, which is used when foreign exchange and CFD providers process all transactions at market prices obtained from liquidity providers rather than prices created by brokers themselves. This is related toECNThere is no difference in the pricing model as there is no intervention from the trading desk during transaction processing.
Market makers: In Australia, includingIC MarketsAll foreign exchange and contract for differences providers, includingAFSMarket making authorization is granted on the license, but many people do not consider themselves market makers. Generally, market makers operate trading desks to create their own prices, which can be based on their own proprietary trading positions or overall risk exposure, and may not reflect the prices of the underlying market.
IC MarketsIt is the publisher of the products it provides. We believe that we are a providerECNPricing model for foreign exchange providers, as we rely onECNObtain pricing from external unrelated liquidity providers, which are passed on to you without intervention from the trading desk. In order to provide you with better price certainty and ensure quick execution, we will not hedge every position with liquidity providers. We are doing this to provide you with a better overall trading experience.
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How can I find IC Markets Opening a real trading account?
Opening an account is very simple. clickOpening a real accountLink and fill out your application form.
Once your online application form is approved by our account team, you will receive your transaction account login details and password via email.
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IC Marketsbrief introduction
IC MarketsIt is a leading foreign exchange broker in Australia. The company was established in2007In, its intention was to provide fair and transparent foreign exchange trading for active traders. IC MarketsCommitted to providing solutions that previously only professionals and large global investment banks could use for retail investors and traders in Australia and overseas.ofIC MarketsFor more information, please visit our About page.
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IC Markets founder
IC MarketsIt is an Australian private company headquartered in Sydney.ICThe market management team has over20Personal composition with years of experience.IC MarketsFounder of Andrew Badkinski Andrew Budzinski Is the largest in AustraliaCFDThe success of foreign exchange providers has played an important role.
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IC Markets Regulatory agencies
IC Markets Affected by the Australian Securities and Investment Commission (ASIC) Seychelles Financial Services Authority (FSA) Regulatory compliance with strict capital requirements.
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Where do I keep my funds?
IC Markets stay Westpac Banking Corporation and National Australia Bank (NAB) Hold customer funds in an independent customer trust account. Both banks are AA Australian banks rated.
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What will happen to my funds if the bank that deposited them goes bankrupt?
IC Markets Hold customer funds in independent customer trust accounts of multiple top international banks. We diversify our clients' funds across multiple banks to reduce counterparty risk for any one bank.
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IC Markets How do I use my personal information?
We may collect your personal information from time to time to further investigate your situation, including conducting identity checks to meet our legal and regulatory obligations and combating fraud.We will not sell your personal information to any third party for marketing purposes. oursPrivacypolicyDetailed instructions on how we handle your personal information.
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Is my personal information and bank card information secure?
Yes, we attach great importance to customer privacy and have established policies and procedures to protect the information we request from customers. Please refer to our website'sPrivacy PolicyPage.
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If the company goes bankrupt or insolvency, what will happen to my capital?
According to the current situationASICAccording to regulations, in the event of a company bankruptcy, there is no investor compensation fund. However, please note that all customer funds are deposited in independent trust accounts of Australian first tier banks, rather than the company's own funds. Customers with a net credit balance during bankruptcy can make payments from funds in independent trust accounts or from other available funds of the company. Fortunately,IC MarketOur company has a huge account balance, and in the unlikely event of bankruptcy, these funds will fully cover our customers, greatly exceeding the capital requirements set by regulatory authorities. You can also refer to our product disclosure statement at9.3Section“stayICPayment to You in Market Bankruptcy”Learn more.
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Do you provide trading advice?
Unfortunately,IC Markets We are unable to provide you with personal trading advice that may affect your trading decisions. Trading derivatives may not be suitable for all investors, so please ensure that you are fully aware of the risks involved and seek independent advice if necessary.