Cheapest Forex Broker

Maximize Your Forex Gains with IC Markets – The Cheapest Broker With Our Special Discount! No Hidden Commission

If you trade 10 lots or more per within a month you could get a free tradingview(premium) account.

Bid farewell to exorbitant commissions that chip away at your hard-earned profits. Thanks to our special partnership with IC Markets, you’re privy to the most competitive rates in the forex landscape. Revel in the savings with commissions starting at just $5.5 per 1.00 Lot round turn on MT4/MT5, significantly lower than standard industry fees.

Exclusive Trader Benefits Through Our Partnership:

Additional Commission Reductions: Our collaboration with IC Markets brings your MT4/MT5 commission rates down to a mere $5.5 per 1.00 Lot round turn.
CTrader & TradingView: Embrace the same incredible rate of $5.5 per 1.00 Lot round turn for an even more cost-effective trading experience.
Standard Account: Standard Account holders aren’t left out; enjoy a 0.4 pip discount on spreads, enhancing your trading edge.

Why IC Markets is Unmatched:

Minimal Starting Deposit: Begin trading with as little as $200.
Narrow Spreads: Benefit from consistently tight spreads across all currency pairs.
High Leverage: 1:1000 maximum
Transparent Partnerships: We share a portion of our commission with you, ensuring a fair and open relationship.

Transform Your Trading with IC Markets:

Don’t let average brokers diminish your returns. Choose IC Markets for the lowest forex trading costs and elevate your trading strategy. Ready to revolutionize your trading experience with IC Markets?

Activate Your Savings Now:

ICMarkets Direct Discount
MT4/MT5: Now only $5.5 per lot, down from $7.
TradingView andcTrader: Commissions cut to $5.5 per lot, previously $6.
Standard Accounts: Benefit from a 0.4 pip discount on spreads for increased profits.

If you already have an account at ICMarkets. Send an email,

To: [email protected]
Subject: IB Change

Dear ICMarkets Team,
I would like to request a change to the introducing broker associated with my existing trading account. Kindly update my account to be linked with the introducing broker ID 66066.
Thank you for your cooperation and prompt action regarding this matter.
Best regards,
[Your Name]


For new accounts
https://icmarkets.com/?camp=66066


Begin your journey with the lowest fee forex broker – IC Markets. Your wallet will thank you!

MARKET WRAP: STOCKS, BONDS, COMMODITIES


On Thursday, U.S. stocks came under pressure, with the Dow Jones Industrial Average falling 375 points (-0.98%) to 38,085, the S&P 500 down 23 points (-0.46%) to 5,048, and the Nasdaq 100 down 96 points (-0.55%) to 17,430.

The U.S. 10-year Treasury yield charged 5.0 basis points higher to 4.704%.

U.S. data showed that gross domestic product growth slowed to 1.6% on quarter in the first quarter (vs +2.3% expected, +3.4% in the prior quarter). The latest initial jobless claims declined to 207,000 (vs 213,000 expected).

At the same time, core personal consumption expenditure price index increased 3.7% on quarter (vs +3.0% expected, +2.0% in the prior quarter).

Basic materials, energy and industrial stock sectors outperformed the market, while technology, financial and healthcare sectors were under pressure.

Meta Platforms (META) slid 10.56%, as the tech giant gave a weaker-than-expected second-quarter result guidance.

International Business Machines (IBM) fell 8.25%. The company's first-quarter results missed expectations. It also announced an acquisition of HashiCorp (HCP) for $6.4 billion. HashiCorp climbed 4.49%.

Southwest Airlines (LUV) dropped 6.96%. The airline posted lower-than-expected quarterly earnings, adding that it will take fewer aircraft deliveries from Boeing.

On the other hand, Chipotle Mexican Grill (CMG) rose 6.33% and Newmont Mining (NEM) jumped 12.46%, as investors were encouraged by their quarterly results.

In after-market hours, after reporting quarterly results, Microsoft (MSFT) rose 4%, Alphabet (GOOGL) jumped 12%, while Intel (INTC) slid 8%.

European stock indexes closed mixed. The DAX 40 fell 0.95%, the CAC 40 dropped 0.93%, while the FTSE 100 rose 0.48%.

U.S. WTI crude-oil futures gained $0.98 (+1.18%) to $83.79 a barrel.

Gold price rebounded $15 to $2,331 an ounce.


MARKET WRAP: FOREX


The U.S. dollar softened against most other major currencies except the yen. The dollar index slipped to 105.57.

USD/JPY advanced further to another 34-year high of 155.75.

EUR/JPY also rose to 167.02, a 16-year high.

EUR/USD rose 31 pips to 1.0728. In Germany, the Gfk consumer confidence index improved to -24.8 in May (vs -25.8 expected).

GBP/USD gained 49 pips to 1.2510, and AUD/USD increased 20 pips to 0.6517.

USD/CHF fell 27 pips to 0.9122, and USD/CAD dropped 46 pips to 1.3654.

Bitcoin once slipped below $63,000 before rebounding to $65,000.

ICMarkets Direct Discount

1. MT4/MT5: Now only $5.5 per lot, down from $7.
2. cTrader and TradingView: Commissions cut to $5.5 per lot, previously $6.
3. Standard Accounts: Benefit from a 0.4 pip discount on spreadsfor increased profits.

If you already have an account at ICMarkets. Send an email, 'I would like to ask you to put my icmarkets account under 66066 introducing broker.'
to [email protected]

For new accounts
https://icmarkets.com/?camp=66066

MARKET WRAP: STOCKS, BONDS, COMMODITIES

On Friday, U.S. stock indexes posted gains, with the Dow Jones Industrial Average rising 153 points (+0.40%) to 38,239, the S&P 500 up 51 points (+1.02%) to 5,099, and the Nasdaq 100 up 287 points (+1.65%) to 17,718.

U.S. data showed that inflation remains firm ("sticky"), with the core personal consumption expenditure (PCE) price growth, the Federal Reserve's favorite inflation gauge, remained at 2.8% on year in March (vs 2.7% expected).

Technology, consumer discretionary and basic materials stock sectors led the market higher.

Alphabet (GOOGL) soared 10.22%. The tech giant reported better-than-expected quarterly earnings and announced its first-ever dividend of $0.20 per share.

Microsoft (MSFT) climbed 1.82%. The software giant's quarterly results exceeded expectations with its cloud business showing robust growth.

Snap (SNAP) surged 27.63% after the social media platform posted upbeat quarterly revenue and user-growth figures.

On the other hand, Intel (INTC) tumbled 9.20%, as investors were disappointed by the chip maker's profit guidance.

Exxon Mobil (XOM) lost 2.78%. The oil giant's first-quarter earnings failed to please investors.

European stocks also closed higher, with the DAX 40 rising 1.36%, the CAC 40 up 0.89%, and the FTSE 100 up 0.75%.

U.S. WTI crude-oil futures rose $0.28 to 83.85 a barrel.

Gold price gained $7 to $2,338 an ounce.


MARKET WRAP: FOREX

The U.S. dollar index advanced to 106.01 as inflation showed no signs of easing.

The Bank of Japan kept interest rates steady while showing no intentions of hiking rates further. As a result, the yen hit multi-decade lows against the dollar, with USD/JPY bouncing 1.8% to 158.44.

Traders are watching closely if USD/JPY striking the level of 160 would trigger intervention by the Japanese government.

EUR/USD fell 35 pips to 1.0694.

GBP/USD dropped 21 pips to 1.2492.

AUD/USD gained 15 pips to 0.6532.

USD/CHF rose 20 pips to 0.9140, and USD/CAD was up 12 pips to 1.3667.

Bitcoin continued to show a lack of traction, as it dipped below $63,000 over the weekend.

ICMarkets Direct Discount

 

1. MT4/MT5: Now only $5.5 per lot, down from $7.
2. cTrader and TradingView: Commissions cut to $5.5 per lot, previously $6.
3. Standard Accounts: Benefit from a 0.4 pip discount on spreads for increased profits.

If you already have an account at ICMarkets. Send an email, 'I would like to ask you to put my icmarkets account under 66066 introducing broker.'
to [email protected]

For new accounts
https://icmarkets.com/?camp=66066

MARKET WRAP: STOCKS, BONDS, COMMODITIES

On Monday, U.S. stocks rebounded further, with the Dow Jones Industrial Average gaining 146 points (+0.38%) to 38,386, the S&P 500 up 16 points (+0.32%) to 5,116, and the Nasdaq 100 up 64 points (+0.36%) to 17,782.

The U.S. 10-year Treasury yield retreated 6.0 basis points to 4.609%.

Consumer discretionary, utilities (XLU) and real estate stock sectors led the market higher.

Tesla (TSLA) popped 15.81%, boosted by media reports that the electric-vehicle maker reached a mapping deal with Chinese tech giant Baidu for its “full self driving” (FSD) product in China. Baidu (BIDU) closed 5.62% higher.

Apple (AAPL) climbed 2.48%. The tech giant was upgraded to "outperform" at research firm Bernstein.

ON Semiconductor (ON) rose 4.06%, and Domino's Pizza (DPZ) climbed 5.62%, as both companies posted better-than-expected quarterly results.

On the other hand, AMC Entertainment (AMC) slid 11.14%, as the company said it expects a decline in first-quarter sales.

Regarding U.S. economic data, the Dallas Fed manufacturing index eased to -14.5 in April (vs -11.0 expected).

In Europe, the DAX 40 fell 0.24%, the CAC 40 dropped 0.29%, while the FTSE 100 added 0.09%.

U.S. WTI crude-oil declined $1.11 (-1.32%) to $82.74 a barrel.

Gold price slipped $2 to $2,335 an ounce.


MARKET WRAP: FOREX

The U.S. dollar index fell to 105.62 amid high volatility in the yen. The Federal Reserve is expected to hold interest rates unchanged on Wednesday.

USD/JPY shot up to 160.21 in Asian trading hours, a fresh 34-year high, before plunging swiftly to 154.52 and then rebounding to 156.34.

Most market participants suspected that Japanese authorities intervened in the market by buying the yen.

EUR/USD gained 29 pips to 1.0721. Germany's data showed that the inflation rate remained stable at 2.2% on year in April (vs 2.3% expected).

GBP/USD rose 72 pips to 1.2561.

AUD/USD climbed 34 pips to 0.6567.

USD/CHF slid 41 pips to 0.9100, and USD/CAD dipped 11 pips to 1.3658.

Bitcoin also saw volatile trading, as it sank down to $61,741 before working its way back to $63,800.


ICMarkets Direct Discount
MT4/MT5: Now only $5.5 per lot, down from $7.
TradingView andcTrader: Commissions cut to $5.5 per lot, previously $6.
Standard Accounts: Benefit from a 0.4 pip discount on spreads for increased profits.

If you already have an account at ICMarkets. Send an email,

To: [email protected]
Subject: IB Change

Dear ICMarkets Team,
I would like to request a change to the introducing broker associated with my existing trading account. Kindly update my account to be linked with the introducing broker ID 66066.
Thank you for your cooperation and prompt action regarding this matter.
Best regards,
[Your Name]


For new accounts
https://icmarkets.com/?camp=66066

What are the benefits of trading with IC Markets? Are the commission rates really as low as $5.5 per 1.00 Lot round turn? How can I activate these savings on my existing IC Markets account?

Great liquidity because they are one of the biggest fx broker in the world. Any problems with your trades would be solved via customer support. Yes, your commission will be 5.5 usd per 1 lot. Send an email

To: [email protected]
Subject: IB Change

Dear ICMarkets Team,
I would like to request a change to the introducing broker associated with my existing trading account. Kindly update my account to be linked with the introducing broker ID 66066.
Thank you for your cooperation and prompt action regarding this matter.
Best regards,
[Your Name]

If you trade 10 lots or more per within a month you could get a free tradingview(premium).

ICMarkets Direct Discount
MT4/MT5: Now only $5.5 per lot, down from $7.
TradingView andcTrader: Commissions cut to $5.5 per lot, previously $6.
Standard Accounts: Benefit from a 0.4 pip discount on spreads for increased profits.

If you already have an account at ICMarkets. Send an email,

To: [email protected]
Subject: IB Change

Dear ICMarkets Team,
I would like to request a change to the introducing broker associated with my existing trading account. Kindly update my account to be linked with the introducing broker ID 66066.
Thank you for your cooperation and prompt action regarding this matter.
Best regards,
[Your Name]


For new accounts
https://icmarkets.com/?camp=66066