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IC Markets Global Company

  

IC Markets Global Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  IC Markets Global was founded in 2007, aiming to bridge the gap between retail and institutional trading. The company was established by a team of professionals with extensive experience in the financial services industry, particularly in forex and CFD trading.

  

Parent Company/Ownership Structure

  IC Markets operates under the parent company, Raw Trading Ltd. This ownership structure allows the broker to maintain a focus on providing quality trading services and innovative solutions to its clients.

  

Headquarters Location

  The company's headquarters is located in Seychelles, specifically at Eden Plaza, Office 222, Eden Island, Mahe. This strategic location allows IC Markets to provide services to a global clientele while adhering to regulatory standards.

  

Global Business Scope

  IC Markets Global offers a multi-asset trading platform, providing access to a wide range of financial instruments including forex, commodities, indices, stocks, and cryptocurrencies. With over 2,250 tradable instruments, the broker caters to a diverse range of traders, from beginners to experienced professionals.

  

Main Regulatory Bodies

  IC Markets is regulated by several authoritative bodies, including:

  • Australian Securities and Investments Commission (ASIC)
  • Cyprus Securities and Exchange Commission (CySEC)
  • Seychelles Financial Services Authority (FSA)

  These regulatory frameworks contribute to a secure trading environment for clients.

  

2. Company History and Development

  

Key Milestones

  Since its inception in 2007, IC Markets has achieved several significant milestones, including the launch of its proprietary trading platforms and the introduction of various account types tailored to different trading styles.

  

Business Expansion Journey

  IC Markets began its operations in Australia, quickly expanding its services to international markets. The broker has established a strong presence in Europe, Asia, and other regions, thanks to its competitive offerings and commitment to customer satisfaction.

  

Customer Base Growth

  The company has grown its customer base significantly over the years, with over 200,000 active clients worldwide as of April 2024. This growth is attributed to its robust trading environment and excellent customer support.

  

Platform Development History

  IC Markets has continuously evolved its trading platforms, offering popular options such as MetaTrader 4, MetaTrader 5, cTrader, and TradingView. These platforms are designed to provide traders with advanced tools and features for effective market analysis and trading execution.

  

Important Awards or Recognitions Received

  IC Markets has received multiple accolades for its trading services, including recognition as one of the best forex brokers and ECN brokers in various industry rankings. The brokers commitment to transparency and customer satisfaction has also earned it a high rating of 4.8 out of 5 on Trustpilot.

  

3. Trading Services Offered

  

Forex Trading Options

  IC Markets offers a comprehensive selection of forex trading options, providing access to over 61 currency pairs. This includes major, minor, and exotic pairs, allowing traders to diversify their portfolios and engage in various trading strategies.

  

Stock Trading Options

  The broker provides access to a wide range of stock trading options, with over 2,100 stock CFDs available for trading. This enables clients to invest in major global companies and benefit from market movements.

  

CFD Trading Products

  IC Markets specializes in Contracts for Difference (CFDs), offering products across multiple asset classes. Traders can access CFDs on commodities, indices, bonds, and cryptocurrencies, allowing for a diversified trading experience.

  

Other Financial Instruments

  In addition to forex and stocks, IC Markets offers trading in other financial instruments, including:

  • Cryptocurrencies: The broker provides access to 21 cryptocurrency CFDs, including popular options like Bitcoin (BTC) and Ethereum (ETH).
  • Commodities: Traders can engage in commodity trading with options like gold, silver, and oil, among others.

  

Special Services or Unique Advantages

  IC Markets stands out for its low latency trading environment, offering average execution speeds of under 40 milliseconds. The broker also provides raw spreads starting from 0.0 pips, making it an attractive option for high-frequency traders and scalpers. Additionally, clients can access a free low-latency VPS service to enhance their automated trading systems.

  

  

Detailed Regulatory Information

  IC Markets is regulated by the following bodies:

  • ASIC (Australia): License number 335692
  • CySEC (Cyprus): License number 362/18
  • FSA (Seychelles): License number SD018

  These regulatory authorities ensure that IC Markets adheres to strict financial standards, providing a secure trading environment for clients.

  

  • Australia: International Capital Markets Pty Ltd (ASIC regulated)
  • Cyprus: IC Markets (EU) Ltd (CySEC regulated)
  • Seychelles: Raw Trading Ltd (FSA regulated)

  

Client Fund Protection Measures

  IC Markets implements several measures to protect client funds, including:

  • Segregation of client funds in top-tier banks (Westpac and National Australia Bank).
  • Compliance with strict regulatory requirements, including regular audits and adherence to capital adequacy standards.
  • Insurance coverage for client funds with Lloyd's of London.

  

Countries/Regions Served

  IC Markets serves clients from over 140 countries worldwide, including major markets in Europe, Asia, and the Middle East. However, the broker does not accept clients from the United States, Canada, New Zealand, Japan, and Iran.

  

Compliance History

  IC Markets has maintained a strong compliance history, adhering to the regulations set forth by its governing bodies. This commitment to compliance has fostered trust and confidence among its clients.

  

5. Competitive Landscape

  

3-5 Main Competitors

  IC Markets operates in a competitive landscape with several notable competitors, including:

  • Pepperstone: Known for its low spreads and strong customer support.
  • FXTM (ForexTime): Offers a wide range of trading instruments and educational resources.
  • Exness: Provides flexible leverage options and a variety of account types.
  • Axi: Focuses on low-cost trading and excellent customer service.
  •   

    Positioning in the Industry

      IC Markets is positioned as a leading ECN broker, providing competitive trading conditions, advanced technology, and a diverse range of trading instruments. The broker is particularly popular among high-frequency traders and scalpers due to its low spreads and fast execution speeds.

      

    Market Differentiation Factors

      IC Markets differentiates itself through:

    • Low Trading Costs: Offering raw spreads from 0.0 pips and competitive commissions.
    • Advanced Trading Platforms: Providing access to multiple trading platforms with advanced features.
    • Robust Customer Support: Delivering 24/7 support in multiple languages to assist clients from various regions.
    • Educational Resources: Offering a comprehensive suite of educational materials, including webinars and video tutorials, to support traders of all levels.

      

    Conclusion

      IC Markets Global Company has established itself as a reputable and reliable broker within the forex and CFD trading space. With a strong regulatory framework, a diverse range of trading instruments, and a commitment to customer satisfaction, IC Markets continues to attract traders from around the world. The broker's focus on innovation and technology positions it well for future growth in the competitive landscape of online trading.

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