ICE FX Forex Broker

ICE FXReview SummaryFounded2017-10-28Registered Country/RegionUnited KingdomRegulationExceeded/Suspicious CloneMarket Instruments44 Forex, 2 CFD commodities, 45 Cryptocurrencies, and 3 Spot metalsDemo Account✅LeverageUp to 1:300SpreadFrom 0.0 pipsTrading PlatformMT4 (Windows、macOS, and iOS/Android)Min Deposit$30Customer Support+44 20 8089 7867support@ice-markets.comLive ChatICE FX Information ICE Markets (full name ICE FX) is an online trading and investment services platform headquartered in the UK, offering a variety of trading instruments such as foreign exchange, precious metals, cryptocurrencies, and CFD commodities, and supporting the MetaTrader 4 (MT4) platform. The platform provides multiple account types suitable for traders and investors at different levels, and launches various promotional activities to attract new clients. ICE Markets are suitable for ordinary traders pursuing transparent trading and diversified instruments, as well as professional investors seeking managed account services.Pros and ConsPros Cons Various trading instrumentsExceeded/Suspicious CloneSTP-Demo simulated account availableLower cryptocurrency leverage (1:10 for STP accounts)Leverage up to 1:300Leverage restrictions for high-net-worth clientsUp to 6% deposit bonusComplex fee structure (0.0025%-0.05%)Managed Accounts availableIs ICE FX Legit? ICE Markets are unregulated. It can be found that the timeliness of the FCA's regulation of ICE Markets has exceeded, and the regulatory status of the LFSA for ICE Markets is suspected clone. Note that cryptocurrency trading may have legal restrictions in some countries/regions.What Can I Trade on ICE FX? ICE Markets offers 5 major categories of trading instruments, including 44 forex (FX) pairs, 3 spot metals, 45 cryptocurrencies, CFD commodities, and CFDs. Specific products include 36 major currency pairs (such as EUR/USD, GBP/JPY) and 8 exotic currency pairs (such as USD/TRY, EUR/ZAR). The precious metals category covers gold (XAU/USD), silver (XAG/USD), and gold against the euro (XAU/EUR). The cryptocurrency offering includes mainstream coins (such as BTCUSD, ETHUSD) and niche tokens (such as DOTUSD, SOLUSD).Additionally, there are 2 energy futures (WTI crude oil, BRN Brent crude oil). Some instruments are traded as CFDs, allowing leveraged trading and short-selling.Tradable Instruments Supported Forex✔CFD commodities✔Cryptocurrencies✔Spot metals✔Shares❌ETFs❌Bonds❌Mutual Funds❌Account TypeAccount TypeSTP-Demo Simulated AccountSTP Real AccountSTP-MA Managed AccountMinimum Deposit$0 (simulated funds)$30$300Leverage RangeFixed 1:1001:1-1:300 (floating)1:1-1:100 (floating)Commission Rate0.0025%-0.25% (one-way)0.0025%-0.05% (one-way)0.004%-0.05% (one-way)Primary PurposeSimulated trading, platform familiarizationIndividual autonomous tradingProfessional managers managing investor fundsSpecial FeaturesInstant order executionAccess to Soft-FX liquidity aggregatorSupport for PAMM/LAMM/MAM technologiesICE FX FeesCost TypeAccount Type/Trading InstrumentRate DescriptionCommissionSTP Real Account - Major FX Pairs0.0025% (one-way)STP Real Account - Cryptocurrencies0.05% (one-way)STP-MA Account - Major FX Pairs0.004% (one-way)STP-MA Account - Precious Metals0.05% (one-way)SpreadFX Currency PairsStarting from 0.0 pipsCryptocurrenciesPotentially higher spreadsSwap FeeAll overnight positionsA tripled rate is applied when rolling over positions from Wednesday to ThursdayLeverageTrading InstrumentsAccount Type/ConditionsLeverage RatioForeign Exchange (FX)STP Real Account (Deposit < $3,000)Major currency pairs: 1:300; Exotic currency pairs: 1:200High-Net-Worth Clients (Deposit > $500,000)Uniform leverage: 1:50CryptocurrenciesSTP Account1:5 - 1:10STP-MA Account1:10Precious Metals/CFDsSpot MetalsUp to 1:150