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IC Markets

  • #1,401
  • Mar 1, 2018 11:37am Mar 1, 2018 11:37am
Quoting vivitrader
Hi guys, Please, help me to understand IC Markets commission structure - the round-turn commission is $7 AUD per lot for AUD accounts, but for USD accounts the commission is $7 USD per lot. So, for example, buying 1 lot of EUR/USD will cost $7 AUD for AUD accounts and $7 USD for USD accounts. But $7 AUD is obviously less than $7 USD! Does it mean that the commission is smaller for AUD account and so the trading conditions are better for AUD accounts? I honestly checked the spreads and prices of 2 trading accounts (AUD and USD) and the spreads are...
100,000 USD

vs

100,000 AUD
Learn, a forex trader must, unlearn and relearn he will.
  • #1,402
  • Mar 9, 2018 12:58pm Mar 9, 2018 12:58pm
Are you guys still experiencing platform freezes (MT4 live account) on news annoncements?
It was terrible a few years ago, but it was sorted out when they added new servers. Now, it's becoming awfull again.

Today during NFP, I had almost 10 min freeze, off and on. Candles would update every 1-2 min, when the platform connected, but just for a few seconds, then it would crash again. So it was not tradable for full 10 minutes.

Did you also experience the same thing, or was it just me. On myfxbook price feed was uninterrupted for all the brokers, even IC markets had real time feed without disruptions.
Pls comment only for LIVE accounts,demos are on another server.
  • #1,403
  • Mar 9, 2018 2:40pm Mar 9, 2018 2:40pm
Quoting Smart1
Are you guys still experiencing platform freezes (MT4 live account) on news annoncements? It was terrible a few years ago, but it was sorted out when they added new servers. Now, it's becoming awfull again. Today during NFP, I had almost 10 min freeze, off and on. Candles would update every 1-2 min, when the platform connected, but just for a few seconds, then it would crash again. So it was not tradable for full 10 minutes. Did you also experience the same thing, or was it just me. On myfxbook price feed was uninterrupted for all the brokers, even...
i have accounts on few servers, all seemed to be working fine during NFP, include the very minute of the news release.
there is always, always another trade!!
  • #1,404
  • Mar 9, 2018 4:21pm Mar 9, 2018 4:21pm
Quoting profitfarmer
{quote} i have accounts on few servers, all seemed to be working fine during NFP, include the very minute of the news release.
Thanks a lot. So, you are talking about LIVE MT4 IC markets accounts, not ctrader?
Then I assume you didn't have problems in the last year or two either?

I am going to be so piss*d off on someone at IC markets when they open on Monday, if all these issue are something they could have solved years ago. I thought that nothing can be done, because I already contacted them about this a few years ago.
  • #1,405
  • Mar 9, 2018 4:33pm Mar 9, 2018 4:33pm
Quoting Smart1
{quote} Thanks a lot. So, you are talking about LIVE MT4 IC markets accounts, not ctrader? Then I assume you didn't have problems in the last year or two either? I am going to be so piss*d off on someone at IC markets when they open on Monday, if all these issue are something they could have solved years ago. I thought that nothing can be done, because I already contacted them about this a few years ago.
yes, i am talking about live MT4 accounts.
i am with IC for the 4th year, i believe, and dont recall 10 minutes server down issues.
once in a while i get some execution delays, that can be few seconds, but take it as normal headache; there is simple no 100% perfect broker ( or i havent found one).
as for contacting them, good luck, whenever i tried anything about execution it was always that their side has no issues, my side must have the problem, that included 5 sec execution delay between 6 of accounts on their suggested VPS, causing one account lose money while 5 was making money, on same trade...so, go figure.
with that included, i still find them one of the best overall, and use it as my main broker.

the only thing probably what you can do/they may offer you to do is to migrate your account/s to a different ( and presumable less busy) server of theirs.
will that help you? it doesnt hurt to try.
there is always, always another trade!!
  • #1,406
  • Mar 9, 2018 4:46pm Mar 9, 2018 4:46pm
no issues, really!
you can see my trades at that time, 24 under 1 min!
  • #1,407
  • Mar 9, 2018 4:58pm Mar 9, 2018 4:58pm
Quoting profitfarmer
{quote} yes, i am talking about live MT4 accounts. i am with IC for the 4th year, i believe, and dont recall 10 minutes server down issues. once in a while i get some execution delays, that can be few seconds, but take it as normal headache; there is simple no 100% perfect broker ( or i havent found one). as for contacting them, good luck, whenever i tried anything about execution it was always that their side has no issues, my side must have the problem, that included 5 sec execution delay between 6 of accounts on their suggested VPS, causing one...
I am with them 6 years. I know there is no perfect broker, and would have given up on them 2-3 years ago when the isues were the worst. But after adding new servers, everything was tolerable again. And by that I mean, first minute of news, heavy slowdown (which isn't a big issue as I don't have to trade first minute), and then later ok, some delay, market watch time skips by seond or two, but overall ok.
And now this. And all these years I wasn't even complaing too much as I believed eveyone is having the same problem as I. As it was happening only during news, I thought server is overloaded and nothing can be done. And now I hear that there are people who don't have these issues.
I wanna shoot myself...
  • #1,408
  • Mar 9, 2018 5:04pm Mar 9, 2018 5:04pm
Quoting Neptun
no issues, really! you can see my trades at that time, 24 under 1 min!
Yes, I see. I traded like that before, but stopped when it wasn't doable anymore. I click buy, and trade gets executed in 7-8 seconds, while price is going up and down a few times, so I can only guess when it's going to be opened. So I quit. But other people are complaing about freezes at all brokers, so I assumed this is a standard. But by your trades I see it's not a standard.
  • #1,409
  • Mar 9, 2018 5:12pm Mar 9, 2018 5:12pm
Neptun and profitfarmer, on which servers are you,in case they offer to transfer me?
I am on Live01
  • #1,410
  • Mar 9, 2018 7:34pm Mar 9, 2018 7:34pm
Quoting Smart1
Neptun and profitfarmer, on which servers are you,in case they offer to transfer me? I am on Live01
I think ICM currently on live-11.
I have traded or currently trading accounts on live-1, 2, 3, 4, 10, 11.
All was/is OK for scalping.
there is always, always another trade!!
  • #1,411
  • Mar 9, 2018 11:50pm Mar 9, 2018 11:50pm
Quoting Smart1
Neptun and profitfarmer, on which servers are you,in case they offer to transfer me? I am on Live01
Indeed the issue might be at your end as ICM stated. I'm using a PC and a laptop- my main PC is new and clean from other stuff, my laptop is full of different things and 4 years old and there can be delays in execution while my main PC has no delays at all. Talking about same live account on the same server on two different computers.. the same is/was happening with other brokers I use or have been using in the past. Hence I'm updating my working tool ( getting new PC) every two years...
PVSRA
  • #1,412
  • Mar 11, 2018 1:27am Mar 11, 2018 1:27am
cTrader was smooth running during NFP last week for me. Not a blip, as far as I could see.
FrankieB
  • #1,413
  • Mar 11, 2018 10:25am Mar 11, 2018 10:25am
Quoting Fisher755
{quote} Indeed the issue might be at your end as ICM stated. I'm using a PC and a laptop- my main PC is new and clean from other stuff, my laptop is full of different things and 4 years old and there can be delays in execution while my main PC has no delays at all. Talking about same live account on the same server on two different computers.. the same is/was happening with other brokers I use or have been using in the past. Hence I'm updating my working tool ( getting new PC) every two years...
I kind off feel like fool right now, being sure all this time it's brokers' fault. But when this first happened to me years ago, I searched the internet and found so many occassions of people not being able to trade news because of this issue. And someone said it could be due to slower PC, but someone replied that he had high end gaming computer with a high speed internet and that that can not be a problem. So I definitely eliminated that as a possible reason, foolishly. So I just decided, ok, I won't be trading news any more, and that's it.

It didn't help either that the broker also contributed to my opinion about this issue, because in all these years I have complained only twice to them, and both of the times they acknowledged the problem. So I assumed in all other news announcements it was their fault as well. Now, it seems to me that those really long crashes of 15-25min with no price feed at all (only a few of them in 3-4 years), were on the broker side, while all those "normal" ones of 1-10 min were on my side, as the price feed was coming though now and then but was not tradable at all.

Before the next news I will do a few things, it should eliminate the problem.
If only I have asked before is there anyone who gets a smooth price feed. Well, better late then never. Thanks guys.
  • #1,414
  • Mar 12, 2018 12:28am Mar 12, 2018 12:28am
Having discussed which choice of platform with one broker with whom I was opening an account, we talked of the pros and cons of MT4 vs cTrader and he admitted that hanging is one of the downsides of the MT4 platform--and it sounded like it was a systemic problem to the actual program itself (and the server software related to it) independent of broker, and he agreed that the cTrader was a more stable platform than mt4.
FrankieB
  • #1,415
  • Mar 12, 2018 4:35am Mar 12, 2018 4:35am
I trade on several servers, no issues ... or I do my things in a better way and this gives me less issues. There are different kind of issues, first is important to see them.
I also have the curiosity to compare the results of my system trading on mt4 vs mt5 vs cTrader ... but it is not a priority.
  • #1,416
  • Mar 12, 2018 5:23am Mar 12, 2018 5:23am
Quoting FrankieB
Having discussed which choice of platform with one broker with whom I was opening an account, we talked of the pros and cons of MT4 vs cTrader and he admitted that hanging is one of the downsides of the MT4 platform--and it sounded like it was a systemic problem to the actual program itself (and the server software related to it) independent of broker, and he agreed that the cTrader was a more stable platform than mt4.
I've heard something like that too, that's exactly why I thought it is the way it is, but if Profitfarmer, Neptun, Fisher755 don't have these issues, that's enough for me to know it's solvable.

I didn't switch to cTrader for 2 reasons: higher commission costs (I know 0.2 pips isn't much higher, but especially bothers me knowing that GBP pairs costs me even more ).
Secondly, I had some concerns about alleged price spikes which sometimes occur on cTrader, while not on MT4. I don't know is that true, I've read it a few times, but higher costs are enough of a turn off for scalping.
  • #1,417
  • Mar 12, 2018 5:47am Mar 12, 2018 5:47am
Quoting Neptun
I trade on several servers, no issues ... or I do my things in a better way and this gives me less issues. There are different kind of issues, first is important to see them. I also have the curiosity to compare the results of my system trading on mt4 vs mt5 vs cTrader ... but it is not a priority.
What do you mean "in a better way" ?
Are you maybe talking about reducing a load, like number on indicators (I barely use them, 2 MA's only), closing as many charts as possible etc? I intend to test this on next news, in a new profile I will open only one bare candle chart.
Although I don't know do charts in other MT4 profiles use resources as well even if not currently open. This is a bit too technical, but I will test so we'll see.

Also could you guys tell me where is your MT4 saved, in C directory or under Program files. I got some info that sometimes windows might cause some of these issues/conflicts, long story but worth checking if your MT4's are not in Program Files.
  • #1,418
  • Mar 12, 2018 8:27am Mar 12, 2018 8:27am
I will not go into details on how I do it. The fact that others don't share the same issues should make you think that there are ways to do it better.
  • #1,419
  • Mar 15, 2018 8:53pm Mar 15, 2018 8:53pm
Hi, all

Now we support Real Time Rebates too, $1 discount commissions will be back to you instantly.

the other part, $0.8, will be paid by piprebates.com when we got the payment from ICM.

any one interested in this offer?

Thanks

Tony
Get 90% Rebates Back, No Mark UP--->Check PIPREBATES--.--com
  • #1,420
  • Mar 22, 2018 5:30am Mar 22, 2018 5:30am
ICM now offering 120 stock CFDs across NASDAQ, NYSE and ASX. About time an Aussie MT4 broker made this available!!

EDIT: Just confirmed with IC support, stock CFDs only available on MT5 BOOOOOOOO!!!!!
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