In summary ICMarkets – A name that those who pursue profits from the foreign exchange (Forex) market cannot help but know. With a reputation as one of the leading trading floors in the financial sector. ICMarkets has affirmed its position through many years of operation. With the combination of advanced technology and the ability to provide excellent services. ICMarkets trading platform has attracted the attention of traders from all over the world. Let’s explore with IC Trading the special things and benefits that ICMarkets brings to the Forex trading community.
Overview of general information about ICMarkets Forex floor
The reputation of ICMarkets is so “hot”! So what do you know about ICMarkets Forex floor? Please follow the article with IC Trading!
What is ICMarkets?
ICMarkets (International Capital Markets) is one of the leading foreign exchange (Forex) exchanges in the world. The floor always complies with international legal regulations and standards. To ensure that user trading activities are protected and ensure transparency and safety.
Legal information on the floor
Let’s learn about the legal information of IC Markets below:
Who was ICMarkets founded by? When?
Founded by Mr. Andrew Budzinski in 2007 in Sydney, Australia. Mr. Budzinski had a vision of creating a high-quality Forex trading platform. Especially in providing fast transaction speed and transparency.
Since its inception, San has undergone a remarkable development journey. With a focus on innovative technology, safety standards, and excellent customer service. This exchange quickly attracted the attention of both domestic and international traders. Has built a solid and well-recognized reputation for its high-quality trading services and cutting-edge technology.
Which agency manages ICMarkets?
Before starting operations, licenses were granted from several competent organizations. Notably, this license comes from reputable regulatory agencies in the world such as the Australian Securities and Investments Commission (ASIC), the Financial Justice Authority (FSA) of the United Kingdom, the Cyprus Securities and Exchange Commission (CySEC), and the Securities Exchange Commission of the Bahamas (SCB). These licenses are granted based on the reputation of the exchange in the field of financial transactions.
How many types of ICMarkets Accounts are there?
ICMarkets offers a diverse range of accounts to suit the diverse needs and trading styles of users. Here are some of the main account types this exchange offers:
Demo Account
Offers a Demo account option, allowing users to practice trading without facing real financial risks. This is a great opportunity to get acquainted with the platform and trading conditions of the exchange.
Standard account
In addition, this floor also offers a Standard account. Suitable for beginners or those who want to experience trading with simple conditions. However, spreads in Standard accounts are usually higher than in ECN accounts.
ICMarkets Raw Spread
For professional traders who want extremely low spreads. Offers ICMarkets Raw Spread account. This is an ECN account that allows direct access to the liquidity of the providers. Helps make transactions with the lowest spreads.
ICMarkets Raw Spread cTrader version
If you are interested in the special features of ICMarkets Raw Spread on the cTrader platform. You will experience optimal trading with outstanding advantages. From low spreads and ECN liquidity, you will have the opportunity to make trades at low costs and the best prices. The cTrader platform also integrates copy trading and technical analysis tools. The ability to customize the interface and track real-time prices also helps create a flexible and convenient trading environment.
Why do more and more professional traders choose ICMarkets?
More and more professional traders choose ICMarkets as their preferred trading platform for a series of compelling reasons.
ICMarkets has high-leverage
CMarkets offers notable leverage levels for users’ trading accounts. This allows users to make transactions with less financial capital than the actual value of the transaction. Creates potential opportunities to achieve higher profits.
However, the use of leverage also carries corresponding risks. Therefore, users need to have a deep understanding of how leverage works and carefully manage risk when participating in trading on the ICMarkets platform.
See more: ICMarkets register on your phone is the fastest
Extremely low spreads and commissions
ICMarkets is proud to offer super-low spreads and competitive commissions for users’ trades. This helps facilitate participation in the financial markets with the lowest transaction costs, thereby optimizing your profits.
Many trading platforms
A diverse range of trading platforms, suitable for all users’ needs and trading styles.
Metatrader 4 and 5
ICMarkets offers a choice between two versions of its trusted trading platform: Metatrader 4 ( ICMarkets MT4 ) and Metatrader 5 (MT5), which help users customize to their needs and trading style.
Metatrader 4 (MT4) has become one of the most popular and popular trading platforms in the forex industry. With a user-friendly interface and powerful analytical tools, MT4 allows users to execute trades quickly and monitor the markets conveniently.
Metatrader 5 (MT5) is an upgraded version of MT4, offering expanded and improved features, including support for various trading assets such as forex, stocks, commodities, and cryptocurrencies. MT5 also offers more advanced technical analysis tools, helping users make smarter trading decisions.
cTrader
ICMarkets offers the cTrader trading platform. It is a rich and advanced choice for users who want to experience a modern, flexible, and convenient trading environment. The cTrader platform is integrated with many unique features. From low spreads, and ECN liquidity, to trade copying capabilities and technical analysis tools. This helps users access the markets intelligently and flexibly, optimizing their trading opportunities.
Diverse assets, wide market
ICMarkets creates opportunities for users with a diverse range of assets and a wide market range. This helps traders take advantage of opportunities from various asset classes across global markets.
Professional trading tools
This platform provides professional trading tools. Helps users optimize performance and manage trading accounts effectively.
ICMarkets VPS virtual private server
Virtual Private Server (VPS) service allows users to rent a private virtual server. To optimize trading performance. With VPS, users can access and manage the trading platform from anywhere and at any time. At the same time, minimize interruptions in internet connection. Guaranteed to execute trading orders here quickly and reliably.
Advanced trading tools
For other managers in the market. They have to manage many different accounts at the same time. However, the exchange will provide them with MAM software tools.
MAM software helps connect all allocation settings directly to the ICMarkets MetaTrader 4 server. This means, managers only need to focus on their accounts. With the MAM tool, all other accounts are handled seamlessly with this advanced software.
Trade ICMarkets Forex floor has a fast order-matching speed
Trading on the ICMarkets Forex floor is considered ICMarkets traders to have faster order matching speed than other services on the market.
Trading servers are located at Equinix NY4 and Equinix LD5
The exchange’s MT4 and MT5 servers are located at the Equinix NY4 data center in New York. Here NY4 data center is called the financial ecosystem. It is here that there are over 600 buying and selling companies, exchanges, and transaction locations. Includes data that markets and service providers. MetaTrader 4 and 5 servers are connected to the ICMarkets platform to ensure extremely low latency. Equivalent to the level of fast order matching of traders’ transactions.
In summary, ICMarkets MetaTrader 4 and 5 trading servers have been tested to have a latency of less than 1 millisecond. For the main VPS provider, the server will be rented at the NY4 data center. Another option is through dedicated lines to nearby data centers. This low latency environment is ideal for automated trading for professional traders. Helps transactions bring high frequency.
Partner policy and support
ICMarkets provides a range of services and support policies for partners as follows:
ICMarkets Support
Provide customer support via phone, email, and online chat to resolve any customer questions or issues. Questions about trading accounts, trading platforms, and other services.
Provide technical support services to help customers solve any problems related to the use of the trading platform or software installation.
To assist customers to better understand financial trading and develop trading skills. ICMarkets provides educational materials, learning videos, and market information.
Publish trading regulations and terms on the website. Includes information about liquidity, fee calculation, and regulations related to trading.
See more: What is IC Markets? Is it a leading forex platform?
ICMarkets Partners
The Introducing Broker (IB) Program is designed to compensate and reward referral partners who refer customers. There are no restrictions on the number of accounts that can be referred to or the trading volume.
ICMarkets white label partner
The white-label program offers a variety of options. To support new brokers or help them grow their business. It is a comprehensive partner solution, giving you access to flexibility and market-leading technology at minimal cost and risk. Furthermore, you also have the option to participate in ICMarkets liquidity through a variety of flexible connection options.
IC Markets IB
The Introducing Broker (IB) Program is designed to reward and compensate referral partners based on their referral of clients to the exchange. There are no restrictions on the number of referred accounts or trading volume. Low barriers to entry coupled with a competitive discount structure based on trading volume make ICMarkets an ideal choice for referral partners, regardless of size.
ICMarkets Affiliate Partner
ICMarkets Affiliate partner service with leading trading conditions on the market. The top choice for the global forex trading community. Creates opportunities for more traders to achieve higher profits and generate trading volume from the clients the trader introduces. See this as a win-win partnership model. Customers benefit from better trading conditions, and exchange partners also benefit from happier customers. Leading to higher remuneration and increased trading volume.
Promotional programs for ICMarkets customers
The floor offers promotions and incentives for customers as follows:
ICMarkets deposit bonus
Provide customers with the opportunity to receive incentives and bonuses when they deposit funds into their trading accounts. Nevertheless, to participate in the bonus program, you just need to log in to your account. Select the promotion, read and understand the conditions, and make the required deposit. Bonus will be automatically added to your trading account upon correct and qualified completion of the program. Don’t forget to regularly check the ICMarkets website to update information and comply with the specific regulations of the program.
Rebate on ICMarkets
This is a way for traders or introducing partners (IBs) to receive a portion of the commission or return based on the trading volume they make on the exchange. When participating in the program you can be refunded a portion of the trading fee or price difference (spread) from each of your transactions. This helps reduce transaction costs and increase profits in the long term.
Exchange rebates are often part of the exchange’s referral partner (IB) program. In which partners introduce customers to the exchange and receive commissions or rebates based on the trading activity of the customers they introduce. Rebates can be accumulated and paid at specific intervals or upon request by the partner or trader.
Rebates provide benefits including reduced transaction costs and increased profitability. At the same time, it motivates to promote trading activities on the floor. However, it is important that you clearly understand the specific conditions and regulations of the Rebate program you participate in. Includes transaction volume and settlement time requirements.
Conclude
So in this article by IC Trading, we explored ICMarkets. One of the top-ranked financial exchanges in the market. In summary, Emerging as a popular choice for traders and introducing partners (IBs) thanks to its leading trading platform, liquidity quality, and diverse support services.
Where is ICMarkets available to traders from?
This is a global online financial exchange. So, the platform is available to traders from anywhere in the world. Anyone with an internet connection and who meets the exchange’s registration requirements can open an account and start trading.
How is customer support?
In terms of providing customer support is done via phone, email, and online chat. Moreover, there are also instructional materials, teaching videos, and market information. In summary, helps traders better understand financial trading and develop trading skills.
How to join the Rebate program?
To participate in the ICMarkets Rebate program. You just need to open an account and join the exchange’s referral partner (IB) program. Or follow current promotions. However, you trade on the exchange and meet the regulated requirements. You will receive a commission or rebate based on your trading activity.
