IC Markets: Exploring Forex and CFD Trading

IC Markets is an online trading broker with a global reach that specializes in forex, stock indexes, commodities, and Contracts for Difference (CFDs). Established in 2007, the company is operated by International Capital Markets PTY LTD and Regulated by the Australian Securities and Investment Commission (ASIC) with AFSL number 335692. This article explores IC Markets’ unique competitive advantage and how it enables traders to embark on Forex and CFD trading.

Overview of Forex and CFD Trading

Forex (Foreign Exchange) trading provides the opportunity to speculate on a currency’s value against another currency, while Contracts for Difference (CFDs) enable customers to take positions on the underlying values of financial instruments such as stocks, indices, commodities and other derivatives. To participate in either type of speculation, traders use margin and leverage to maximize their return on investment.

At IC Markets, traders can access over 130 of these types of tight markets with capital as low as 500 AUD, or around 350 USD. Traders also benefit from lower spreads than competing brokers, and can set bid/ask levels separate from the actual spread, which further reduces their cost.

Traders can find comprehensive references on forex/CFD markets available on IC Markets website, detailing complex shapes and trends. Through IC Markets’ webtrader platform and Android/iOS trading apps, users can trade multiple currencies easily and securely.

Unique Competitive Advantage

IC Markets has achieved a seamless combination of features designed to improve your trading experience, making it easier to open and close positions quickly. These features include:

• Live Market Quotes: IC Markets quotes are real time and reliable, providing market transparency and accuracy.
• No Dealing Desk Execution: When trading through IC Markets, you will never be charged dealing costs or requotes, as your order goes directly to the market.
• High Leverage: Maximum leverage is 1:500 for major currency pairs and 1:200 for non-major currency pairs.
• Free Practice Account: Users can sign up for a practice account, allowing them to test the platform’s features before trading with real funds.
• Secure Order Entry: All orders will be processed immediately and securely via modern secure SSL connection protocols.
• Customizable Charts: Traders can configure charts using advanced features like alarms, indicators, and analysis tools to study pricing movements.

Conclusion

IC Markets has emerged as one of the top global trading brokerage platforms, helping clients make informed decisions when participating in forex/CFD trading. As well as industry leading technology, IC Markets offers numerous advantages to its customers, such as live market quotes, no dealing desk execution, high leverage, free practice accounts, secure order entry, and customizable charts. With all these features combined, IC Markets ensures the best possible trading conditions.