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True ECN Connectivity allows you to trade on institutional grade liquidity from the world’s leading investment banks, hedge funds and dark pool liquidity execution venues. Executable Streaming Prices (ESP) are sent from IC liquidity providers to our ECN envi
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Keseluruhan
Stay away from IC Markets.
I read plenty of reviews and still decided to go with them. Big mistake.
I put straddle trade on GBP/NZD for interest rate announcement.
I had
1. Buy stop at 1.7885 and
2. Sell stop at 1.7840
with both stops at 1.7860.
at the announcement price plunged although my long order was triggered and closed at 1.7860 even though price went no where near the entry order price.
The short order was also triggered as you would expect but with 14 pips slippage at 1.782620
and CLOSED OUT at 1.7873 even though price was still falling.
The times on the order tickets were about 1 sec apart so they basically just closed my orders and took my money.
It is impossible that the short order could be stopped out 50 pips above the entry price in a falling market.
Now maybe this wasn't the wisest trade decision but they just outright robbed me.
Whatever excuse they have, it's not good enough.
I believe the term IC Bucket Shop will become well known in the Forex world.
I know that most all brokers are there to take your money but this is straight up robbery.
Stay away from IC Markets. They are super shady and their so called super tight spreadfs aren't tight at all because the trade can go 2 to 5 pips in your favour and still be negative.
They run a slippery algorithm on their MT5 platform anyway.
So. I have an account with OANDA and am now going to trade with them and close my account with IC Bucket Shop.
I suggest that anyone who has an account with them do the same before they rob you blind.
Keseluruhan
What a trading environment! The best broker in the industry! Delighted to have live accounts with ICM! Thank you!
Keseluruhan
This broker blocked me because I found a good robot
Keseluruhan
I see sometimes a slippage of 30 points on EURUSD even when there is no volatile news; This is really unacceptable and I'm very dissapointed in this broker.
Keseluruhan
can not bring profits the last 2 weeks
Keseluruhan
I was with pepperstone. I was getting frustrated and decided to leave. Since a month I'm at IcMarkets, it is truelly way better!
I currently moved about 9 of my accounts over at IcMarkets. No nasty re-quotes, or gaps or any other weird surprises!
I'm happy I moved over to IC Markets 😄
Keseluruhan
Satisfied with this broker, fast & reliable helpdesk, good executions and spreads.
Keseluruhan
Could you send me some proves of your claim. I would like to confront IC Markets with this as I am also using an EA, which generates some small profits. Thank you
Keseluruhan
Although ICM is not a ""classic bucket-shop"" broker, it is definitely a ""B-booking"" broker (i.e. betting against traders) skinning small retail accounts with their nasty ""virtual dealer plug-ins"" parasite software (as 95% of brokers do by the way).
I have hard evidence of it by running the same exact EA - on the same exact CNS VPS - on an ICM ""TrueECN"" (yeah, right, what a name...) account and on an ECNpro account at an FCA regulated London based pure DMA/STP broker. The difference is striking: the ICM account has closed December is LOSS and the other one in PROFIT.
Same EA, same settings, different brokers...
Keseluruhan
Hi there,
I have been with ICMarkets for a year and I can honestly say that this broker is legit.
I really had no issue with them except one time the spread widened for a 100 pips on EUR/CHF after the close of NY and I had a trade open so it stopped me out. That doesn't happen normally, not that wide of spread I mean. Right before and after the NY close spreads widen because of the low volume so if you are a swing trader I would make sure that your stop is not too tight around the close of the NY. When I am in position I temporary manually remove my stop during that time and put it back when volume comes back which doesn't take too long. If you are a day trader than you shouldn't be trading around that time anyways. I take both swing and day trades and I use the MT4 platform and it works flawless, never had any requote.
Hope this helps.
Happy stressfree trading!
[quote]peter977 posted:
Is there someone who is trading with this broker more than a year? Please send me message. I want to know if this broker is scam, or is really the best. Thanks[/quotea
Keseluruhan
My tests showed good results in terms of spread, even during news. This broker seems to be among the best ones in the market. I am not quite sure if they are market makers or not, though. Maybe it depends on the account you open with them...
Keseluruhan
I had found ICMarkets in some rating and decided to check it out. Now I'm also trade there. Good execution, tight spreads, professional CS. Besides it ASIC license and STP model of business make me sure that I deal with honest broker.
Keseluruhan
Have you posted this on FPA? I was going to go with ICM but after seeing all these negative comments I think I'm scared off.
Keseluruhan
Bad broker.
Bad customer service.
Their broker works slowly and it made me lose.
You try to do something, their system is waiting for something like 1-3 seconds before that he was doing it.
When I try to sell - the system waits for the price dropped a bit before opening the sale - it does not happen all the time but once it's too much.
All their publication on the lower Spred = fraud.
When I ask for my money back they block me from the chat.
Be careful of them.
Keseluruhan
VERY GOOD BROKER
Keseluruhan
Same here, my SL was not respected and executed 90 pips above! In the Metatrader logs it is visible that they closed the market. I also filled out the trade investigation form which was just time wasting. Just stay away
Keseluruhan
YES! Exactly the standard account will not work for some EA/ get wrong calculation by EA. I've experiened one of my ea did place reverse order( other's brokers which did not).
Keseluruhan
What a Awesome broker who charge 7$ spreads on XAUUSD
and many other issues too
If u fund your account with Skrill or any other method else then CC
for example if u funded 100$ and u came in profit u cant withdraw your money easy
u need to give them Bank account pay the wire fees and after 10 days u get your money
Stupid Broker with Stupid Rules and you can see the Spreads before you Join them
Keseluruhan
big slipage on live cause huge losses! dont ever trade with this broker agian!! very inconsistent performance!!
Keseluruhan
ICMarkets Live Chart - About withdrawal comission
Levi
Hello Alex. How may I help you?
Alex
hi i made withdraw at my bank acc - from ХХХХХ - amount was 160 $ but to me its come today 125 only
who made comission and why ?
Levi
unfortunately at the moment we are having maintenance on our back office system and i am not able to check.
can you please send your query to [email protected] and as soon as it is working we will check for you and get back to you via email.
Alex
125*100/160 = 78 % . It Meant comission was 22 % thats a lot
Levi
with what method did you withdraw?
Alex
pelase you send them this info - let them send me some document what amount thay send to my bank acc if IcMerket did not take any comissions
Australia - Free
Levi
Please find our withdrawal methods below:
Funded by:
Credit card - Withdraw back to credit card (free of charge)
Bankwire - Withdraw by bankwire (20 AUD Bank fee)
Neteller - Withdraw by Neteller (free of charge)
Skrill - Withdraw by bankwire (20 AUD Bank fee)
Webmoney- Withdraw by bankwire (20 AUD Bank fee)
Fasapay- Withdraw by bankwire (20 AUD Bank fee)
Local bank transfer- withdraw by bankwire (20 AUD Bank fee)
Any withdrawal requests submitted through the secure client portal by 01:00 GMT (12:00 AEST) will be processed on the same day.
deposit via Local bank transfer- withdraw by bankwire (20 AUD Bank fee)
deposit via Bankwire - Withdraw by bankwire (20 AUD Bank fee)
Alex
where can read this ?
link
Levi
Im sorry we do not have this information on the website.
Alex
than why you tell me that ?
its say FREE at website
maybe next time you say 1000 $ comissoin - read below
Levi
Please see a list of deposit methods available below:
1) Credit / Debit Card = There are no fees charged for Credt/Debit Card deposits.
2) Skrill (Moneybookers) = All Skrill deposits are free
3) Neteller = Neteller deposits do not apply any fees
4) Wire Transfer / Bank Transfer = IC Markets does not apply any fees or charges to funds received to our Client Trust Account. However please confirm with your bank (sender) if any fees and charges apply for the transfer.
5) Local Bank Transfer (outside Australia) = There are no fees charged for incoming wire transfers processed by Global Collect using our network of 59 different banks globally.
6) Webmoney = All Webmoney deposits are free.
7) Bpay = There are no fees charged for Bpay deposits. AUD only.
8) POLi = Fee free instant method for funding. AUD only.
9) China Union Pay = All China Union pay deposits will incur a 3.5% fee.
10) Broker to Broker transfer = There are no fees charged for incoming Broker to Broker transfers.
11) Fasapay = The are no fees charged for Fasapay Deposits.
its free to deposit not to withdraw.
Alex
i ask about Withdrawal info at your site
legal link with documentation
if you dont have this than you are scam and i stop working with you
i see....
have a nice scam work...
Read
Levi
im am very sorry you feel that way i will send your comments to management.
