ICMarkets is an official forex broker (broker) founded by a group of professionals in the financial sector in 2007 in Sydney, Australia. This broker has an official license and is regulated by ASIC (Australian Securities and Investments Commissions) with a license number 335692.

ICMarkets mission is to provide the best and transparent services for its clients. In order to maintain integrity and comfort, all client funds are in separate accounts from company accounts (Segregated Account) stored at Westpac and National Australia Bank (NAB). This is a powerful benefit, but how does ICMarkets stack up against its competitors?

ICMarkets allows traders to choose among the three most popular Forex trading platforms in MetaTrader 4, MetaTrader 5, and Ctrader. Other Forex brokers also offer this but ICMarkets is unique because it offers 10 exclusive tools that can enhance platform features. From correlation matrices to sentiment traders and hidden orders, this feature is enhanced through the Equinix data center found in New York.

These features and extremely fast execution speed are some of the reasons why ICMarkets is one of the most popular trading platforms out there. Let's see how they fight their competitors in terms of the spreads they offer.

ICMarkets offers several types of accounts. This includes two ECN brokerage accounts offering spreads from zero pip up. The ECT MetaTrader 4 account has a three-dollar commission of fifty cents per lot per side, while a Ctrader account has a lower commission of three dollars per lot per side. In fact, ICMarkets offers some of the lowest spreads of any Forex broker globally: In the two examples of average spreads issued by ICMarkets, the Australian dollar to the US dollar is only zero point five pips, while the Euro to the US dollar is only one point.

At no additional cost, ICMarkets offers a range of funding and withdrawal methods. This means merchants can use bank transfers, credit cards, PayPal and many other types of methods deposit as well as withdrawal.

The fact that ICMarkets provides a trading environment basically means that traders deal directly with low currency market spreads and can access competitive commission rates: the main advantage for Forex brokers.

n the case of maximum leverage offers by ICMarkets, it offers a maximum leverage of 500 to 1 when trading currencies such as major Forex pairs. This category of leverage is offered by only some of Australia's best Forex brokers, and means that traders are able to trade effectively on the currency market with leverage or leverage up to 500 times their deposit. This allows traders to use ICMarkets to increase their exposure to the market which increases profits and losses.

This higher category of leverage is needed when traders try advanced Forex trading techniques such as scalping. Naturally the higher the level of leverage, the higher the risk element involved in currency trading. This is why advanced techniques are recommended only for senior traders who already have high flying hours in forex trading. The leverage level or leverage of 500 to 1 is one of the most attractive offered among the major Forex brokers and will more than meet the requirements of advanced traders.

This is why ICMarkets meets many of the needs of intermediary traders or we call beginners to senior or advanced swords. Combined with enhanced platform features, fast execution speed, high average and low spread, it is the choice of choice for many people with ICMarkets brokers.

Although this might sound interesting, it's important to remember that CFD trading with leverage is not right for everyone and that losses can occur.