IC Markets, True ECN, Australia

Wow, these guys are hard work, they wouldn't accept the 2nd document, which they call proof of residence, any utility bill actually, because I use a PO Box.

Both documents I submitted clearly listed the address on the page, electricity and rates FYI.

The 1st document they requested, I sent the Drivers License which clearly states your residence address, this is government issued.

So do they think the Australia Post Office is involved in illegal activity; what is the problem?

When the support email mentioned go to courtroom & get an affidavit, I knew I wasn't even dealing with an Australian.

I called Sydney direct and they pretty much immediately accepted both documents, hallelujah!

Now I see they gave me 500 to 1 Leverage without even asking me; you can't change it online as I could with Axitrader, have to fill in a form.

Stay tuned for further updates, perhaps funding issues?

I do like the demo and choose them because they are ECN, Take Profit & Stop Loss trades right to the pip!

And nor should they. To get a PO Box, you need to prove residency, so just provide those same residency docs to your broker. Easy.

And that FXPA thread was not a compelling argument against the broker. It was emotionally shrill and full of assumptions [not a good way to be as trader]. Maybe that guy had a point to begin with, but it fell apart pretty quickly after that.

I think brokers are one of the most important components of a trading business, and they need to be excellent, and held to account. But accusing big established brokers of being a !!!SCAM!!! is not holding someone to account. It is internet belly-aching.

One thing that requires more focus is the perception of true competition between ECN brokers. What I suspect is that they are competing brand-businesses, simply all re-selling the same ECN liquidity providers. An analogy would be Company A and Company B both selling internet search services, but really both just route your search through Yahoo... all the while advertising like they have access to some amazing search index platform and dark pools etc. They don't. So really, no matter who you use as a broker, you are getting the some end product. This should be another thread.

Once upon a time, in 2017, I made a transfer to them from one card, after that I took out all the money at the beginning of 2018 and the balance was zero, and the card has expired for a long time and I don’t have it on my hands. In the middle of 2018, I made a transfer to them in bitcoins, since they have such an option available, but not everything is fabulous ... now I cannot withdraw money that was credited using the bitcoin translation, they require me to make a withdrawal to A card from which I made a transfer in 2017, but there is no card on hand and the expiration date passed ... in general, I was offered 2 options: 1. Written evidence from the bank that the card is blocked 2. Statement of card transactions to confirm that the card was mine They do not give me a transfer to a bank account, tomorrow I will go to the bank and I will try to get proof that the card has expired and it is blocked. If a broker representative is here, explain why I cannot make a withdrawal by bank transfer? With the support of ic markets, communication is tight, they respond once a day. I am trying to withdraw $ 3700 ... —————— new day: The bank does not give an extract because The card was blocked for a long time in 2017, it also does not give a paper confirming that the card has expired. Now I have issued a reissue of the card and will try to withdraw money using the old card number, the details are the only ones left. Yes, and I have no other choice.
Sorry for my english, its not my main language and be aware!!

ok my problem solved

They are one of the best brokers.