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Pros

Access to a variety of financial instruments, including forex, CFDs, commodities, and indices.
Competitive trading conditions with raw spreads starting from 0.0 pips and no commission.
Fast order execution speeds, enhancing trading efficiency.

Cons

Unregulated status raises concerns about the safety and protection of client funds.
Lack of established reputation in the forex and CFD industry, making it a risky choice for traders.
No support for popular trading platforms like MetaTrader 4 or 5, limiting trading options for users.

Pemba broker Accounts

IC Markets Account Type

IC Markets offers various account types to cater to different trading needs. The primary types include:

  • Standard Account:
    • Raw spreads starting from 0.0 pips.
    • No commission on trades.
    • Leverage of up to 1:500.
    • Minimum trade size of 0.01 micro lot.
    • Access to over 232 tradable instruments.
    • Raw Spread Account:
      • Ideal for high-volume traders and scalpers.
      • Raw spreads starting from 0.0 pips.
      • Commission of $3.50 per side per lot.
      • Leverage of up to 1:500.
      • Minimum trade size of 0.01 micro lot.
      • cTrader Account:
        • Offers a user-friendly interface for trading.
        • Raw spreads from 0.0 pips.
        • Commission of $3.00 per side per lot.
        • Leverage of up to 1:500.
        • Minimum trade size of 0.01 micro lot.

        IC Markets Broker Account Opening Process

        Opening a broker account with IC Markets is a straightforward process:

        • Visit the Website:
          • Go to the official IC Markets website.
          • Choose Account Type:
            • Select the type of account you wish to open (Standard, Raw Spread, or cTrader).
            • Fill Out Application:
              • Complete the online application form with your personal details, including your name, email, phone number, and address.
              • Submit Identification:
                • Provide necessary identification documents such as a government-issued ID and proof of address.
                • Account Verification:
                  • Wait for your account to be verified by IC Markets, which usually takes a few hours.
                  • Deposit Funds:
                    • Fund your account using one of the available deposit methods. IC Markets offers instant deposits with 0% commission.
                    • Start Trading:
                      • Once your account is funded, you can start trading immediately using the MetaTrader 4 or cTrader platforms.

                      For more detailed information, you can visit IC Markets Account Opening.

Pemba accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
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