International Capital Markets is an Australian FX broker, going back as far as to the end of 2007. The company's founders previously worked in FX trading for a long time. IC Markets is headquartered in Sydney. In addition to its FX trading section, IC Markets also provides access to trading in stocks, indices as well as futures and commodities.
IC Markets is supervised by the Australian Securities & Investments Commission (ASIC), Australia's independent supervising authority.
Neither IC Markets nor ASIC provide any information regarding the protection of deposits.
As a financial company regulated by ASIC, IC Markets is obliged to keep clients' funds on separate accounts, thus ensuring that creditors do not have access to client's deposits in case of bankruptcy. Partial amounts used as a margin at the time of the bankruptcy are not subject to this regulation.
Customer support is available in English only. Enquiries are answered swiftly, bearing in mind the different time zone.
For the opening of an account, International Capital Markets requires a proof of identity (personal ID or passport), a proof of address (account or credit card statement, utility bill) and a proof of an existing banking account for any pay-outs. Documents can be scanned in and uploaded when opening the account. The account opening will be completed within a few hours depending on the time zone.
Deposits on a customer account are available by bank transfer (2-3 business days) or by credit card (online, within a few hours). Pay-outs are allowed by bank transfer to the customer's account only; pay-outs to third parties are not permitted.
International Capital Markets has a number of liquidity providers available, among them Integral, hotspot and Lucid. Individual agreements will also ensure that trading is possible at the quoted prices at any time. With that said, IC Markets may well possess one of the biggest liquidity pools in the retail market.
IC Markets' servers are located in New York.
Summer time: GMT+3
Winter time: GMT+3
|Standard account||True ECN account|
|Spreads:||variable, starting from 1.0 pips||variable, starting from 0.0 pips|
|Currency pairs:||64, gold, silver, CFDs||64, gold, silver, CFDs|
|Decimal places:||five, accuracy 0.1 pips||five, accuracy 0.1 pips|
|Minimum deposit:||USD 200||USD 200|
|Minimum contract size:||0.01 lot||0.01 lot|
|Account currencies:||AUD, CHF, EUR, GBP, JPY, NZD, SGD, USD||AUD, CHF, EUR, GBP, JPY, NZD, SGD, USD|
|Commission:||n/a||AUD 7 per round-turn lot|
Special trading conditions in form of a direct commission discount are automatically applied to all IC Markets True ECN Accounts opened using the following link. The commission is reduced to AUD 5.50 per round-turn lot.
Deutsch / English