Compare Account Types and Platforms of ICMarkets | Which Choice is the best?
IC Markets offers various platforms and account types, but do you know which account type is the best choice?
Choosing the Right Account Type at IC Markets
IC Markets stands as a top-tier broker for Forex trading, renowned for its secure, transparent service and a plethora of investment opportunities. It’s regulated by multiple authorities, ensuring a trustworthy environment for clients. The broker prides itself on offering ultra-low spreads, almost instantaneous order execution, and cutting-edge technology, making it an appealing choice for traders with varying needs and styles.
Go to IC Markets Official Website
Account Types at IC Markets
IC Markets offers three main account types:
- cTrader Raw Spread Account:
- Ideal for professional traders, especially Day Traders and Scalpers. It features spreads from zero, low commissions, and high leverage. This account is best suited for those requiring rapid execution and high market depth.
- MetaTrader Raw Spread Account:
- Similar to the cTrader Raw Spread Account but tailored for traders using Expert Advisors for automated trading. It offers minimized spreads and is available on MT4 and MT5 platforms, making it suitable for automated trading and scalping.
- Standard Account:
- A versatile option suitable for various traders, including beginners. It offers no commission, minimized spreads, and no trading restrictions. This account is ideal for discretionary traders and novices, offering a less risky environment to test strategies.
Each account has specific features tailored to different trading styles and experiences. Additionally, for those who wish to test the waters without financial risk, IC Markets offers a demo account option.
Open an account with IC Markets
Platform Options
IC Markets provides its clients with access to the most widely used trading platforms:
- cTrader:
- Known for its state-of-the-art tools and features, cTrader is ideal for multi-asset trading and offers a range of timeframes and customizable options. It’s user-friendly and suitable for both experienced traders and beginners.
- MT4 (MetaTrader 4):
- Popular for its intuitive interface, MT4 is adaptable to various trader needs. It supports automated trading with Expert Advisors and offers an array of analytical tools and functions.
- MT5 (MetaTrader 5):
- An advanced version of MT4, MT5 caters to professional trading with additional features like an integrated economic calendar, fundamental analysis tools, and more timeframes.
Go to IC Markets Official Website
Account Opening Process
Opening an account with IC Markets is straightforward:
- Visit the official website and fill out the registration form.
- Select the preferred platform, account type, and currency.
- Complete the verification process with required documents.
To assist in choosing the best account, IC Markets provides a detailed comparison of the features of each account type. This includes trading platforms, commission rates, spreads, leverage options, and suitable trading styles.
IC Markets offers a range of accounts to suit different trading needs, backed by advanced technology and reliable customer service. Whether you’re a professional trader, an automated trading enthusiast, or a beginner, there’s an account type to match your trading style.
Visit IC Markets’ official website for more information or to open an account.