Anyone familiar with this broker?
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DislikedI have traded with these guys for some time a have found them great to deal with. Their spreads are razor sharp and platform seems to be quite stable.
You can read about their forex offering on their site http://www.icmarkets.com.au.Ignored
DislikedI opened a live MT4 a/c with them three weeks ago. My expericence so far has been -
On the positive side:
* Fair spreads - e.g., 0.8 pip on EU, which, combined with a flat $10/Lot commission on all pairs is not bad - and on other pairs, especially the less traded, they are better than what other brokers suggest for retail customers.
* Price feed that seems to be genuine - not smoothed or filtered by the broker.
* Amazingly fast execution - orders are filled in within 150 msec or so, something you usually see on a demo a/c with other...Ignored
Just thinking of opening a account with these guys any one with some recent thoughts on them.
Dislikedas long as you don't fast scalping it may be OKIgnored
DislikedWhy do you say that? The execution is slow?Ignored
DislikedNo, it isn't about execution speed. Its bc of many lost ticks, up to 15%. This makes their platform pretty worthless for fast scalping. ICM comment on this issue: " We care more about non scalpers"Ignored
DislikedBearBull here from DF.
I use IC Markets and have never seen what you are referring to.
They offer EURUSD at 0 / Zero Spreads most of the time.
StopLevel of 0 / Zero Pips, which means you can place orders INSIDE the Spread.
Fastest trade to trade order execution time I can find of around 0.3 to 0.4 sec from a net based laptop. VPS is faster again. This is not Ping time, which basically is only a small part of the overall Trade Execution time.
Have discussed this with IC Markets people, who...Ignored