Rating Index
Pros
Modern investment platform with user-friendly features.
Low initial deposit requirement, making it accessible for new traders.
Offers a variety of trading instruments including forex and CFDs.
Cons
Unregulated broker, raising concerns about safety and security of funds.
Lack of transparency regarding company ownership and actual location.
Negative reputation with numerous complaints and warnings from financial regulators.
ICG broker Accounts
ICG Markets Account Type
ICG Markets offers three types of trading accounts to cater to different trader needs:
- Basic Account:
- Minimum Deposit: $100
- Commission: Commission-free trading
- Minimum Spread: 1.4 pips
- Swap-Free Account:
- Designed for Muslim traders
- Minimum Deposit: $500
- Commission: Commission-free trading
- Minimum Spread: 1.4 pips
- ECN Account:
- Suitable for professional traders and scalpers
- Minimum Deposit: $500
- Commission: Charges both spreads and commissions
- Minimum Spread: 0.9 pips
- Sign Up: Click the “sign up” link on the ICG Markets website.
- Fill Required Details: Complete the required information on the sign-up page.
- Upload Personal Data: Submit your personal data for verification.
- Fund Your Account: Make an initial deposit to start trading.
All accounts allow trading in various instruments, including forex, metals, and cryptocurrencies, with leverage options ranging from 1:100 to 1:300.
ICG Markets Broker Account Opening Process
Opening an account with ICG Markets is a straightforward process:
The minimum deposit varies by account type, with $100 for the Basic Account and $500 for the Swap-Free and ECN Accounts.
ICG Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.
ICG accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .