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IC Markets

  • #1,501
  • Sep 24, 2018 12:57pm Sep 24, 2018 12:57pm
Quoting profitfarmer
{quote} delete cookies for one. ask support to directly open you one is other option. in the and, IB or not makes no difference in the price, so, no brainer to use one and pay less a commission. as demo goes, i think ICM's suck, used to get a minute hang every hour or about. no issue on live, only on demo.
you are not alone. I used to get that problem as well. a min hang after each hour for demo.

Not sure if it is fixed now
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  • #1,502
  • Sep 26, 2018 4:59am Sep 26, 2018 4:59am
Hi all, i am trying to open a demo account with ic market, want to see what pairs/instrument they have, if good i hope to fund sometie next month, however, i saw a place they asked if i was refereed by an introducing broker,i will like to go through a introducing broker, but is it necessary to do that for an introducing broker, also if the introducing broker seizes to exist, what happens to you account, thank you.
  • #1,503
  • Sep 26, 2018 8:58am Sep 26, 2018 8:58am
Quoting carbonado
Hi all, i am trying to open a demo account with ic market, want to see what pairs/instrument they have, if good i hope to fund sometie next month, however, i saw a place they asked if i was refereed by an introducing broker,i will like to go through a introducing broker, but is it necessary to do that for an introducing broker, also if the introducing broker seizes to exist, what happens to you account, thank you.
It is not necessary to go through an introducing broker, but usually introducing brokers can get you lower commission rates, so it would make sense to do so

If the introducing broker (IB) no longer exists, then your account will be placed back under IC markets, without an IB. I believe IC markets will still continue to give the discounted commission rates as though u were under an IB, out of goodwill.
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  • #1,504
  • Sep 26, 2018 1:22pm Sep 26, 2018 1:22pm
Quoting iwillsurvive
{quote} It is not necessary to go through an introducing broker, but usually introducing brokers can get you lower commission rates, so it would make sense to do so If the introducing broker (IB) no longer exists, then your account will be placed back under IC markets, without an IB. I believe IC markets will still continue to give the discounted commission rates as though u were under an IB, out of goodwill.
Thank you for the information....
  • #1,505
  • Sep 28, 2018 4:20am Sep 28, 2018 4:20am
Quoting carbonado
{quote} Thank you for the information....
Welcome
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  • #1,506
  • Sep 28, 2018 12:48pm Sep 28, 2018 12:48pm
We use IcMarkets PAMM account for the last 5 years and works perfectly. Withdraws in 24h. Instant deposit. Small spread. Commision 7$ lot.
  • #1,507
  • Sep 28, 2018 1:32pm Sep 28, 2018 1:32pm
Quoting GSHoldings
We use IcMarkets PAMM account for the last 5 years and works perfectly. Withdraws in 24h. Instant deposit. Small spread. Commision 7$ lot.
Can you get "Range bars" on their Ccharting package ?
every Saint has a past. Every Sinner has a Future
  • #1,508
  • Sep 28, 2018 2:52pm Sep 28, 2018 2:52pm
Quoting turnip15
{quote} Can you get "Range bars" on their Ccharting package ?
Quantower platform provides not only Range Bars, but even P&F chart, Renko, Heiken Ashi, Kagi, Line Break chart. We have a wide set of indicators & drawings, overlays.
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  • #1,509
  • Sep 28, 2018 3:47pm Sep 28, 2018 3:47pm
Quoting Quantower
{quote} Quantower platform provides not only Range Bars, but even P&F chart, Renko, Heiken Ashi, Kagi, Line Break chart. We have a wide set of indicators & drawings, overlays. {image}
I'm asking about ICMARKETS ?
every Saint has a past. Every Sinner has a Future
  • #1,510
  • Oct 5, 2018 5:24am Oct 5, 2018 5:24am
Quoting carbonado
Hi all, i am trying to open a demo account with ic market, want to see what pairs/instrument they have, if good i hope to fund sometie next month, however, i saw a place they asked if i was refereed by an introducing broker,i will like to go through a introducing broker, but is it necessary to do that for an introducing broker, also if the introducing broker seizes to exist, what happens to you account, thank you.
Hello, if you're considering opening an account with IC Markets, you may use my IB link to sign up. I provide 22% commission discount so you'll only be charged $5.50 per lot traded instead of the standard $7.00 per lot.

Here: http://icmarkets.com/?camp=8699

The advantage of signing up through an Introducing Broker is the discount.
  • #1,511
  • Oct 5, 2018 6:06am Oct 5, 2018 6:06am
Quoting carbonado
Hi all, i am trying to open a demo account with ic market, want to see what pairs/instrument they have, if good i hope to fund sometie next month, however, i saw a place they asked if i was refereed by an introducing broker,i will like to go through a introducing broker, but is it necessary to do that for an introducing broker, also if the introducing broker seizes to exist, what happens to you account, thank you.

You can use the 11576 IB I'd during sign up and you will get 1.50 USD direct discount per lot. And we will be also offering education and Forex signals in the future.
  • #1,512
  • Oct 7, 2018 11:18am Oct 7, 2018 11:18am
Quoting sevenjones
Anyone familiar with this broker? http://www.icmarkets.com.au/

If you open an account with them we can offer you a direct discount from the commission or the spread depending on the account you will open.

You can get 1.50 USD direct discount or 0.3 pips reduction

You can open the account via this link https://www.icmarkets.com/en/?camp=11576
  • #1,513
  • Oct 7, 2018 4:36pm Oct 7, 2018 4:36pm
Quoting advantageFX.
{quote} If you open an account with them we can offer you a direct discount from the commission or the spread depending on the account you will open. You can get 1.50 USD direct discount or 0.3 pips reduction You can open the account via this link https://www.icmarkets.com/en/?camp=11576
Seems this firm ( ICMARKETS) is heavily promoted across threads here. Difficult to get a traders perspective with so many IB's and other linked promoters pushing the brand. Plus if you google the firm for reviews you see a lot of negative posts. Take care with ICmarkets and do you research.
every Saint has a past. Every Sinner has a Future
  • #1,514
  • Oct 7, 2018 11:46pm Oct 7, 2018 11:46pm
Quoting turnip15
{quote} Seems this firm ( ICMARKETS) is heavily promoted across threads here. Difficult to get a traders perspective with so many IB's and other linked promoters pushing the brand. Plus if you google the firm for reviews you see a lot of negative posts. Take care with ICmarkets and do you research.
How was your experience with IC markets, turnip15?
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  • #1,515
  • Oct 8, 2018 12:09am Oct 8, 2018 12:09am
Quoting turnip15
{quote} Seems this firm ( ICMARKETS) is heavily promoted across threads here. Difficult to get a traders perspective with so many IB's and other linked promoters pushing the brand. Plus if you google the firm for reviews you see a lot of negative posts. Take care with ICmarkets and do you research.
turnip15, you just need to sort the posts.
check those who trade, and comment on trading experience. you can for example see my posts on this thread. i dont have IB link posted, nor promoting myself here.

personally, i had used a bunch of brokers, and the past 4 years ICM been my main choice for my trading.
i am always open to other options, but frankly, havent found anything yet.
some broker may have better deals in one or other area, but overall, for me, they just cant beat ICM.
i have broker that has free deposit and withdrawal, while ICM charges 30AUD for wire....but this is issue maybe for those with 200$ on account, where obviously 30$ fee would be a no go.
i have seen promise of brokers where 0.5 pip with no commission fix spread offered on EurUsd, but then they miserable fail to constantly deliver it, or more often then not, beyond the 1-3 advertised pairs, the other crosses they take you to the cleaners, paying 1-1.5 pips more vs. ICM.
i had compared swap rates, and even vs. other aussie brokers they seem to be good. for example i found one of my aussie broker had both short and long negative swap on a pair, vs. ICM was offering positive on one side, and lessen negative on other.
they offer a free VPS that is easily enough qualify for, 15 lot, vs. some other broker that offer same for 20 lot, but with more confusing cash refund, or others that not offer it at all.
there is an acceptable live support chat, mind you, i never ever found a broker that had a really competent live support chat that was able to solve any matter than a single login help.
their email support is quick to follow up on issues, and many case things are solved in rapid pace, if there is an issue.
ICM doesnt offer negative balance protection on ECN, but from personal experience it is negotiable and they willing to pardon it.

so, there is a balanced, trade's point of view review.
there is small things to whine, if one really want, but overall i think they are the best option to average joe trader from current brokers.
as i said, i tried many of the commonly used ones out there ( and not straightforward bucket shops).
and agree, as rule of thumb, none of the IB writing here has added much to the thread beyond their link, and about that much they will add to your personal experience, beyond you signing up with them for a reduction for you, and a money flow for them. zero.
there is always, always another trade!!
  • #1,516
  • Oct 8, 2018 1:32am Oct 8, 2018 1:32am
Quoting profitfarmer
{quote}as rule of thumb, none of the IB writing here has added much to the thread beyond their link, and about that much they will add to your personal experience, beyond you signing up with them for a reduction for you, and a money flow for them. zero.
sad but true.
  • #1,517
  • Oct 8, 2018 1:55am Oct 8, 2018 1:55am
Quoting profitfarmer
{quote} turnip15, you just need to sort the posts. check those who trade, and comment on trading experience. you can for example see my posts on this thread. i dont have IB link posted, nor promoting myself here. personally, i had used a bunch of brokers, and the past 4 years ICM been my main choice for my trading. i am always open to other options, but frankly, havent found anything yet. some broker may have better deals in one or other area, but overall, for me, they just cant beat ICM. i have broker that has free deposit and withdrawal, while...
I am an IB, but I agree with his perspective.

They are the best among the other brokers. And growth in their number of clients (based on my own sales data) vs other brokers has shown that.

Other aussie brokers used to be good, like Axi, but since the leaving of some of the more senior members of the team a couple of years ago, they haven't been as good

Pepperstone is ok, but customer service not as quick and responsive.

Foreign brokers like Tickmill have good spreads, good customer service, but they are regulated not by ASIC, which is a regulation I prefer.

And IC markets is the only broker I can withdraw from for free (via Paypal), other brokers I usually need to withdraw via bank wire. Some of these brokers cover bank fees on their end, but my bank still charges me 10 to 20$ when it reaches my account.

my 2 cents.
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  • #1,518
  • Oct 8, 2018 4:16am Oct 8, 2018 4:16am
Quoting profitfarmer
{quote} turnip15, you just need to sort the posts. check those who trade, and comment on trading experience. you can for example see my posts on this thread. i dont have IB link posted, nor promoting myself here. personally, i had used a bunch of brokers, and the past 4 years ICM been my main choice for my trading. i am always open to other options, but frankly, havent found anything yet. some broker may have better deals in one or other area, but overall, for me, they just cant beat ICM. i have broker that has free deposit and withdrawal, while...
Thanks for taking the time to make a detailed reply. Just the sort of information and perspective I needed. Food for thought indeed.
every Saint has a past. Every Sinner has a Future
  • #1,519
  • Oct 8, 2018 4:52pm Oct 8, 2018 4:52pm
Quoting turnip15
{quote} Seems this firm ( ICMARKETS) is heavily promoted across threads here. Difficult to get a traders perspective with so many IB's and other linked promoters pushing the brand. Plus if you google the firm for reviews you see a lot of negative posts. Take care with ICmarkets and do you research.
This is a commercial section so IBs will promote the broker as ususl so I do not agree with your thoughts. Generally speaking you will see both positive and negative reviews for about each and every broker. Finance magnet published an article regarding how much trading volume IC Markets generates in the FX market.
IC markets is a reliable and cost effective brokerage which provides tight spreads and smooth funds withdrawals.
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  • #1,520
  • Oct 9, 2018 4:05am Oct 9, 2018 4:05am
Quoting ahmerkhan
{quote} This is a commercial section so IBs will promote the broker as ususl so I do not agree with your thoughts. Generally speaking you will see both positive and negative reviews for about each and every broker. Finance magnet published an article regarding how much trading volume IC Markets generates in the FX market. IC markets is a reliable and cost effective brokerage which provides tight spreads and smooth funds withdrawals....
You miss the point entirely. I was trying to get unbiased opinion on IC. My task was made more difficult by the plethora of IB's singing the praises of IC. If you think about it you cannot get unbiased opinion from unbiased IB's. You also failed to note the fact that various sites do not rate IC highly. Who to believe? Certainly not IB's with a commercial interest in IC.
Finance magnet is supported by advertising from - yes -brokers/forex companies. Hardly unbiased !
However, I was fortunate to get a reply from an actual trader who has traded with IC. and has a history of posting on FF. Opinions from other traders with a track record that can be verified are welcome. In short, your opinion carries far less weight than an individual who trades with the company ( and at least has some posting history).
every Saint has a past. Every Sinner has a Future
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