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Regarding the legitimacy of IC Markets Global forex brokers, it provides a comprehensive investigation into the security aspects of regulatory ASIC,CYSEC, and WikiBit, as well as whether there are any negative scam reviews.

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Regulation

Regulated in Australia

Is IC Markets Global safe?

The regulatory license is the strongest proof.

ASIC Market Making(MM)

Australia Securities & Investment Commission

Regulatory Agencies Introduction

Current Status:

Regulated
License Type:
Market Making(MM)

Licensed Institution:
INTERNATIONAL CAPITAL MARKETS PTY. LTD.
Effective Date: Change Record
2009-07-02
Email Address of Licensed Institution:
compliance@icmarkets.com.au
Sharing Status:
No Sharing
Website of Licensed Institution:
--
Expiration Time:
--
Address of Licensed Institution:

INTERNATIONAL CAPITAL MARKETS PTY U 2 L 6 50 CARRINGTON ST SYDNEY NSW 2000 AUSTRALIA
Phone Number of Licensed Institution:
0280144280
Licensed Institution Certified Documents:

Annex1 Annex2 Annex3 More

CYSEC Market Making(MM) 20

Cyprus Securities and Exchange Commission

Regulatory Agencies Introduction

Current Status:

Regulated
License Type:
Market Making(MM)

Licensed Institution:
IC Markets (EU) Ltd
Effective Date:
2018-06-25
Email Address of Licensed Institution:
compliance@icmarkets.eu
Sharing Status:
No Sharing
Website of Licensed Institution:
www.icmarkets.eu
Expiration Time:
--
Address of Licensed Institution:

86 Franklinou Roosvelt, 4th floor, Office 401, 3011 Omonoia, Limassol, Cyprus
Phone Number of Licensed Institution:
+357 25 761 455
Licensed Institution Certified Documents:

Annex1 Annex2 Annex3 More

Is IC Markets Global a scam, or is it legit?

The latest exposure and evaluation content of IC Markets Global brokers.

Fund deposited but lost

I deposited a fund of USD 7,000 via crypto network into my IC Markets account, which I have done the similar deposit successfully before. However, I found the fund was not showing in my account balance, but held in the network. IC Markets refused to offer help or provide any solution to get the money back into my account. Ref: Case 00312744

The platform is disconnected from the internet, trading is prohibited

The platform accesses bulk commodities, including cocoa varieties. After I lost money and started making profits, they stopped allowing me to trade. It's a typical behavior of pulling the plug, claiming it's due to liquidity provider reasons. Why didn't they stop me from opening positions when I was losing money? But when my trading direction was profitable in the overall trend, they prohibited me from trading.

On their platform, if the margin is less than 50%, the account will be liquidated. Normally, the margin is less than 0 for liquidation!

I placed orders and there was a lot of margin, but my orders were forced to close, and there was no liquidation at all! This caused me to lose money. I can't lock the position, and it was forced to close without liquidation. It is unfair.

IC Profit refused to withdraw and transfer funds without any reason, and then illegally deducted funds from my account.

I made a profit on IC, but the platform said it would investigate my account without any reason and did not specify the time for the process. Then IC illegally deducted more than 20,000 US dollars from my account without permission.

IC Markets Global's latest industry rating score is 9.10, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. IC Markets Global If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.

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