Question: How to open IC Markets Forex account of MT4, MT5 and cTrader?
How to activate/verify my trading accounts with IC Markets?
- How to open IC Markets FX trading account?
- Required documents for account verification
- What is IC Markets?
- What is ECN and STP of IC Markets?
- Merits of trading FX with IC Markets
- Open IC Markets Demo (Virtual) account to trade risk free
- Signup and Get access to IC Markets’ Market Analysis and Tools
- Not only Forex but also Commodities
- Start your online Investment with IC Markets today
- Money Manager program of IC Markets
How to open IC Markets FX trading account?
To open IC Markets’ Forex trading account and start trading Forex and CFDs, follow the simple steps below.
- Go to IC Markets account opening page and register.
- Receive confirmation emails from IC Markets which includes login credentials to your account.
- Login to IC Markets’ client portal with the provided ID and Password from IC Markets Official Website.
- Go to “Fund Deposit” section and transfer your investment fund to your account of IC Markets.
- Download IC Markets’ MT4, MT5 or cTrader from IC Markets Official Website.
- Login to your account on IC Markets’ platform and start trading
Do you have any questions regarding to the signup process? IC Markets’ multilingual support team can help you 24/5 through live chat available in the official website.
Required documents for account verification
To activate your trading account IC Markets is required to verify your identity, a minimum of 100 points is required.
Please ensure that you have one form of Photo ID in addition to a document verifying your Proof of Residence ready for upload.
PHOTO ID
- Valid Passport
- Valid Government ID, such as a Drivers Licence or State ID
- Valid National Identity Card
All photo ID documents must be valid and clearly show your full name, date of birth and issue / expiry date. Student ID cards are not accepted.
Contact IC Markets Support Team
PROOF OF RESIDENCE
- Utility Bill, Phone Bill, Internet Bill
- Bank Statement
- Birth Certificate etc.
All Proof of Residence documents must clearly state your name, current residential address and issue date. Documents must not be older than 3 months.
If you are unable to provide a Secondary ID document that verifies your Proof of Residence you can provide an additional form of Photo ID from the list above.
Please ensure that:
- Your photo ID is clear and visible.
- Your ID is issued by a Government Agency.
- Your Name, Date of Birth and Expiry/Issue Date are clearly shown.
- The file type needs to be .pdf, .gif, .png, .doc, .docx or .jpg with max file size of 12 Mb.
Submit documents for account verification
What is IC Markets?
IC Markets is a worldwide recognized forex broker, which provides forex brokerage services to its clients in over 170 countries of the world.
IC Markets uses the most up-to-date technology and knowledge to make your forex trading experience outstandingly convenient.
IC Markets’ top goal is the trust and satisfaction of each client’s need and requirements.
IC Markets sets the highest service level standards and maintains them as well as constantly develops new services and promotions.
IC Markets was registered in 2008 in Australia, and acts in full compliance with international legislation and regulation standards.
IC Markets strongly believes that honesty is the best policy.
Visit IC Markets Official Website
Invest in Forex and CFDs with IC Markets
IC Markets has developed a variety of options to make your forex trading even more convenient.
IC Markets offers a number of different account types.
The lowest spreads, real market execution, true ECN offset are among the top advantages of IC Markets.
IC Markets is indeed a client-oriented company.
This said, they are working hard to further improve the services.
Stability, perfection and close attention to details is what makes IC Markets different from other competitors.
IC Markets’ highly educated and well-trained Customer Care Department works 24/5 to answer your inquiries and help you.
Contact IC Markets Support Team
IC Markets is an ECN broker
ECN is an acronym for Electronic Communications Network, an electronic program that brings buyers and sellers together and gives you a direct entry to the Forex market liquidity and execution.
IC Markets has attached an ECN execution to the Metatrader4, the most popular trading platform in the online trading markets.
IC Markets has made the executions in the highest level their systems can handle by offering true interbank pricing as they have many leading global banks as their liquidity providers.
In order to hide their fee, traditional Forex Brokers make money by displaying wide spreads and delayed execution.
IC Markets provides you with extremely tight spreads and fixed commission.
What is ECN of IC Markets MT4?
What is ECN and STP of IC Markets?
IC Markets provides variable spreads for it’s clients, due to the fact that an ECN broker gets it’s price feed from multiple liquidity pools, so spreads will keep varying all the time.
Traders who regularly use scalping or news trading techniques will find variable spreads ideal for their trading style as they will be able to make big profits from small market movements in very little time.
Scalping and news trading are usually prohibited or made impossible by market maker brokers as the potential to make profits are huge if done the right way.
Visit IC Markets Official Website
What is ECN (Electronic Communication Networks)?
An Electronic Communication Networks is a sophisticated system which has the ability to link smaller market participants directly to the liquidity providers, such as larger financial institutions or banks.
Within this business model, all clients are anonymous and equal therefore the prices your see are not manipulated in any way and strictly reflect real market conditions which is a crucial part of success in the financial markets.
Trading with an ECN brokerage means that client orders will always be automatically executed on the best price available, without any interventions, so IC Markets’ clients do not have to worry about re-quotes or insane slippage.
Traders will be surprised by the capabilities of IC Markets’ powerful ECN system.
Experience first-hand the advantages of a superior liquidity pool of top-tier liquidity providers that allows IC Markets to provide the tightest spreads possible since they guarantee to always pick the best price and pass it on to the traders.
What is STP (Straight Through Processing)?
The STP (Straight Through Processing) execution policy means that when a trader opens a position it is forwarded directly to the liquidity provider leaving no place for conflict of interest between broker and client.
STP execution orders are not processed through a Dealing Desk allowing swift execution at the right price every time.
The key advantages of trading with an ECN/STP broker like IC Markets are:
- Fast execution
- No re-quotes
- Real market conditions
- Transparent business model
Visit IC Markets Official Website
Merits of trading FX with IC Markets
The brand name of IC Markets have been known well in the industry, and many have already chosen IC Markets as their broker.
So what attracts traders to IC Markets? We have picked up some of the main advantages you can get from IC Markets here.
- Best Execution Policy with No Re-Quotes
IC Markets takes all necessary steps to obtain the best possible results for all clients when executing their trading orders. All orders are executed automatically without any dealer intervention on IC Markets’ platforms. - No Commission or No Hidden Fees
IC Markets does not charge any commissions or other hidden fees on your trades. - Low Spreads Spreads as low as start form 0.0 pips
IC Markets’ ECN technology achieves to quote one of the tightest FX spread in the industry. - Fractional Pricing
IC Markets quotes 5 decimal points (3 for pairs where JPY is the counter currency) on currency pairs for tighter spreads and more accurate quoting. - Hedging Capability
IC Markets’ clients can open positions in the same instrument in opposite directions, without the positions offsetting and without using additional margin. Clients have complete control over whether they close or hedge their positions to reduce risk. - Flexible Leverage
IC Markets offers you leverage up to 1:500 for maximum flexibility in your forex trading. - Integrated Live News Feed and Market Analysis
On IC Markets’ platforms, you can get streaming real time market news and market analysis. - Multiple Account Types
Mini, micro and standard account types are offered to suit your level of forex trading. No minimum deposit for mini accounts. - Over 50 tradable currency pairs and precious metals
Trade more than 50 currency instruments and CFD’s including Gold, Oil and stock indices from a single trading account. - No negative Balances – Limited Risk
With IC Markets, your risk is only limited to the funds you have deposited. IC Markets’ unique, automatic margin liquidation policy eliminates concerns about debit balances by guaranteeing that you will never owe more than what you have in your account. - Free Unlimited Forex Demo Accounts
Open a Free $100,000 Demo Account for a risk-free forex trading experience with IC Markets. - Phone Dealing
24 hour online trading and phone dealing from Monday to Friday. - Personalized Customer Service
IC Markets offers 24 hour technical and dealing support through online Live Chat, Telephone and e-mail. Each client receives personal attention from an Account Manager. The dealing room services are also offered to you by IC Markets’ professional dealers. - One-to-one Live Training
IC Markets’ personal Account Manager will guide you in your first trading steps to help you get acquainted with our trading platforms and answer all your questions. - Safety of Client Funds
Assuring client fund safety is one of the single most important factors in the financial industry.
Visit IC Markets Official Website
Open IC Markets Demo (Virtual) account to trade risk free
Take advantage of IC Markets’s free Practice Account trading tool to maximize performance and trade like an experienced pro.
This innovative learning instrument allows you to make simulated trades with $100,000 USD in real life market conditions.
If you are unfamiliar with online trading platforms, you will greatly benefit from additional practice using the MetaTrader4 trading platform.
If you simply want more trading practice in a risk free environment, the IC Markets’ Practice Account allows you to determine the effectiveness of diverse investment strategies and trading methods.
IC Markets firmly believes that you should have familiarity with the intricacies and risks associated with the Forex market before trading on a live account.
This free Practice Account application provides you with all necessary tools to enhance market understanding, software familiarity, and investment returns.
To take advantage of this powerful learning instrument, simply open an account with IC Markets and download the Practice Account MT4, MT5 or cTrader trading platform.
You will experience a virtual trading environment that includes live currency quotes, market news and analysis, advanced trading methods, and real-time charts.
When you are confident with your improved trading skills, open a live account with IC Markets and begin trading.
Signup and Get access to IC Markets’ Market Analysis and Tools
Whether you have a fundamental or technical strategic approach towards trading, take advantage of IC Markets’s expansive library of financial data and market analysis reports.
IC Markets’ experienced team of financial experts continually monitors the market and provides you with original in-depth research articles on market trends and important economic events.
IC Markets firmly believes that increased economic awareness and financial literacy is an important factor for successful trading.
In response, IC Markets also supplies you with their very own audio and video reports on a variety of market research topics that are directly related to currency pair prices.
Open an account with IC Markets today and benefit from new and original research content to enhance your trading performance.
Not only Forex but also Commodities
Commodities trading is an ideal way to diversify your investment portfolio and is becoming increasingly popular due to the potential for high returns on investment.
A commodity is defined as any product which has a commercial value and can be traded on an authorized commodity exchange.
Following the financial crisis of 2008, gold and crude oil trading saw huge growth as investors sought security of these precious resources over paper money.
With recent gold and oil price increases, the profit potential for commodities has been growing significantly.
IC Markets offers gold (spot), silver (spot) and crude oil (futures) commodities trading.
Gold and silver are traded in exactly the same way as pure currency pairs with no physical purchase or sale of the material.
Their main counter currency is the US Dollar.
Invest in Commodities with IC Markets
What time you should invest in Commodities?
Trading hours are 24 hours a day, five days a week, but liquidity varies strongly between the different time zones.
Trading conditions are best from 9:00 GMT onward when markets in London open up, until 22:00 GMT when traders in New York close the exchanges.
Outside of this time-frame, execution remains possible, but can be thin, limited or non existent.
The energy market opens on Sunday 22:00 GMT and closes on Friday 20:30 GMT.
here is a daily closing for 45 minutes from 21:15 to 22:00 GMT.
Go to IC Markets Official Website
Why you should trade Commodities with IC Markets?
What are the commodities, metals and the features you can benefit from?
Mainly to diversify your portfolio, there are many advantages which commodity CFDs offer.
- Precious Metals – Gold
Due to its rarity and unique industrial and high tech uses, gold trading has always been a favourite amongst investors. Gold is considered a safe haven in times of economic, geopolitical and financial instability, and holds its value which is particularly valuable during inflation and USD devaluation. - Precious Metals – Silver
Silver trading is a highly volatile tradable commodity offering interesting investment opportunities for traders. - Energy – Crude oil
The West Texas Intermediate (WTI), also known as “light, sweet” is a type of crude oil that is used as a benchmark in oil pricing due to its high quality (light weight and low sulphur content). WTI crude oil future contracts are the most popular oil contracts traded on the commodities market and due to the volatile nature of crude oil can offer huge potential for profit. - High Leverage
Within one click, you enter long and short positions on commodities and benefit from extremely low margin requirements. - IC Markets’ ECN Technology
IC Markets’ user friendly multi-product MT4, MT5 and cTrader Trading platforms allows you to trade forex, commodities, energies and indices from the same account. With easy execution, commodities can be bought or sold at competitive real-time prices.
Invest in commodities with IC Markets
Start your online Investment with IC Markets today
Although seemingly straightforward, certain needs of retail clients are oftentimes overlooked by brokers.
IC Markets’ objective is therefore to offer bespoke brokerage services to each client transacting on IC Markets’ platform by adhering to the following guidelines:
- Fast and fair execution supported by IC Markets’s native trading infrastructure
- Tight liquidity derived from a combination of bank and non-bank market makers
- Unparalleled around-the-clock (24/5) customer service
- Transparent corporate oversight by adhering to Client Money Rules as well as annual audits
IC Markets supplies you with extensive educational tools and resources that simplify Foreign Exchange and CFD concepts.
IC Markets’ educational center is designed to improve your overall financial understanding so you can begin trading with greater confidence and security.
If you have any additional financial questions, the IC Markets support team is happy to assist you at any time throughout the trading week.
Money Manager program of IC Markets
Where and how can funds be invested?
Today the decision to invest money is made by many people, who care of their tomorrow.
IC Markets’ PAMM-account is effective solution in the field of investment, for potential profit in the Forex market is not limited in any way.
An investor gains profit without trading on his own, while a manager gains additional profit for managing funds of investors in the Forex market.
- Every manager gets a PAMM-account to conduct trades.
- Using open rating list an investor chooses the most successful manager in his opinion and invests his funds into the manager’s PAMM-account.
- Manager carries out trades in Forex using his own funds and capital of investors. Financial results of all trades are distributed automatically among the manager and his investor pro rata with invested amounts.
- PAMM is completely transparent service. Investor can constantly monitor manager’s performance and might withdraw invested funds any time.
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