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IC Markets

  • #1,321
  • Nov 6, 2017 10:28am Nov 6, 2017 10:28am
I wanted to open a live account with this broker with their STANDARD acc, but all the negative reviews just scare me now...
Anyone presently trading with them on the STANDARD acc with USD 500 as starting capital.

Thanks
Lyn
  • #1,322
  • Nov 6, 2017 11:50am Nov 6, 2017 11:50am
Quoting Lrg
I wanted to open a live account with this broker with their STANDARD acc, but all the negative reviews just scare me now... Anyone presently trading with them on the STANDARD acc with USD 500 as starting capital. Thanks Lyn
Their ECN account is perfect for me .. i have nothing but positive reviews for them
  • #1,323
  • Nov 6, 2017 1:18pm Nov 6, 2017 1:18pm
Quoting tafadzwa02
{quote} Their ECN account is perfect for me .. i have nothing but positive reviews for them
Thank you, I appreciate your input.
  • #1,324
  • Nov 6, 2017 1:21pm Nov 6, 2017 1:21pm
Quoting profitfarmer
{quote} why the standard acct with 500$ vs their ECN? else i think it is about as good a broker than any, no major trading issues, great spread, free VPS, and no problems with withdrawal.
I think the standard acc is more suitable for my trading style as I tend to hold my trades over a few days, so I don't need a small spread.
Thank you for your time.
Lyn
  • #1,325
  • Dec 8, 2017 11:03pm Dec 8, 2017 11:03pm
Hi guys,

IC Markets has changed their bitcoin CFD to close only mode for now.

I believe this is in anticipation of the CME launch of bitcoin futures on Monday. High volatility is expected, especially since the launch of bitcoin futures enables the trader to go short on bitcoin now.

Trade safely.

If you wish to open an IC markets account through me, please visit this link
Forex brokers real time discount - visit Abundance trading group. com
  • #1,326
  • Dec 30, 2017 12:53am Dec 30, 2017 12:53am
IC Markets spread EURUSD around 150 compared to Pepperstone last minutes of the year. I guess many accounts got wiped out by IC.

Attached Image (click to enlarge)
Click to Enlarge Name: IC Markets.png Size: 42 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Pepperstone.png Size: 45 KB
  • #1,327
  • Dec 30, 2017 11:05am Dec 30, 2017 11:05am
Quoting Synaptic
IC Markets spread EURUSD around 150 compared to Pepperstone last minutes of the year. I guess many accounts got wiped out by IC. {image} {image}
end of the year, closing price...and 10 pips spread wiped you?!
there is always, always another trade!!
  • #1,328
  • Dec 31, 2017 6:35am Dec 31, 2017 6:35am
Quoting profitfarmer
{quote} end of the year, closing price...and 10 pips spread wiped you?!
if 10 pips spread wipes you then you have no business trading
  • #1,329
  • Jan 11, 2018 7:06am Jan 11, 2018 7:06am
I have both ICMarkets and TradingView charts open and there are price spikes on ICMarkets that don't appear on TradingView.
Anyone knows why this is happening?
  • #1,330
  • Jan 11, 2018 7:41am Jan 11, 2018 7:41am
Quoting alt11
I have both ICMarkets and TradingView charts open and there are price spikes on ICMarkets that don't appear on TradingView. Anyone knows why this is happening?
What type of account do you have?

can you show it?
Learn, a forex trader must, unlearn and relearn he will.
  • #1,331
  • Jan 11, 2018 8:24am Jan 11, 2018 8:24am
Quoting COGSx86
{quote} What type of account do you have? can you show it?
A demo account
On October7 2016 ICMarkets places the low of the day at 123.822 whereas TradingView places it at 124.903
I'm pretty sure both charts are on NY close
  • #1,332
  • Jan 11, 2018 9:14am Jan 11, 2018 9:14am
Quoting alt11
{quote} A demo account On October7 2016 ICMarkets places the low of the day at 123.822 whereas TradingView places it at 124.903 I'm pretty sure both charts are on NY close
Hi Alt, IC markets is not trying to cheat u. it is just that 7 oct 2016 is a friday and spreads widen a few mins before the market closes and all banks stop quoting prices, as they do not want to hold trades over the weekend
Forex brokers real time discount - visit Abundance trading group. com
  • #1,333
  • Jan 11, 2018 9:16am Jan 11, 2018 9:16am
Quoting alt11
{quote} A demo account On October7 2016 ICMarkets places the low of the day at 123.822 whereas TradingView places it at 124.903 I'm pretty sure both charts are on NY close
Which pair are you referring to?

IC has 3 types of demo accounts but Im assuming your demo account is a standard account.

Standard account - Is a Market Maker account: the spreads change depending on the liquidity at the broker
ECN account - Is a direct feed into institutional banking feeds which provide live market spreads and dont fluctuate as much.
Learn, a forex trader must, unlearn and relearn he will.
  • #1,334
  • Jan 11, 2018 9:48am Jan 11, 2018 9:48am
Quoting COGSx86
{quote} Which pair are you referring to?
Oh sorry lol it's GBPJPY and I'm on an ECN demo account
  • #1,335
  • Jan 13, 2018 10:49pm Jan 13, 2018 10:49pm
IC MARKETS v AXI TRADER anyone know of any major dofferences?
liquiditypool?

I know Axi has a 100 lot max now ive been told its PER DAY???

IC MARKETS have a 1000 lot Max. Is this per day or per position. Surely once you take the contracts off a market you can put more back on wtf!???
  • #1,336
  • Jan 13, 2018 11:13pm Jan 13, 2018 11:13pm
Quoting WolGod
IC MARKETS v AXI TRADER anyone know of any major dofferences? liquiditypool? I know Axi has a 100 lot max now ive been told its PER DAY??? IC MARKETS have a 1000 lot Max. Is this per day or per position. Surely once you take the contracts off a market you can put more back on wtf!???
i dont think one can clearly answer then liquidity pool component.
i have both accounts, and generally they both very similar.
IC has little tighter spread, and i have little better commission deal on Axi, in the end about equal.

i never heard about a max lot number per day. at neither broker.
but i am also well bellow 1000 lot a day in the moment
there is always, always another trade!!
  • #1,337
  • Jan 13, 2018 11:38pm Jan 13, 2018 11:38pm
I am using IC market from last many years and so far no issue, yes some times platform gets freezes during news time, and I am sure IC market has received enough complains about it.
  • #1,338
  • Jan 13, 2018 11:55pm Jan 13, 2018 11:55pm
I've been using IC markets and coming from FXCM, it's been a revelation. Spreads are tight and they have a decent selection of currency pairs.

Only downside though is the lack of macOS support for their cTrader which is a well built platform in my opinion. More like cTrader's fault and not IC's.
In Greed We Trust
  • #1,339
  • Jan 14, 2018 1:24am Jan 14, 2018 1:24am
Thanks guys!
Id imagine theyd both be simular. The max lot per day has got me stumped as to why. Or even why 100 is a max. Anyway .

Does anyone trade EU?
Level 2 data on C-Trader for EU spot during a liquid session ... are we kooking at around 7 Million (70 lots) per pippett (.1 of a pip)? Is this about right or is it much more/much less?
thanks
  • #1,340
  • Jan 14, 2018 4:43am Jan 14, 2018 4:43am
Hi, all IC Users,

We offer 90% rebates to you all, 1.8/lot for ECN accounts, here is our link:
http://icmarkets.com/?camp=4375
Get 90% Rebates Back, No Mark UP--->Check PIPREBATES--.--com
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