Currency
Price
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IC Markets Review 2023

IC Markets Logo
4.76
At Forexchurch we adhere to a rigorous and impartial review process. Learn about out review process.

These day’s forex traders are spoilt for choice. For this reason, IC Markets strives to stand out from the crowd by going the distance to offer what clients really want. This includes: True ECN connectivity with direct access to interbank liquidity, tight spreads, fast quality execution and exceptional customer service.

Headquartered in Sydney, International Capital Markets Pty Ltd is a provider of online forex trading services, offering individual traders, money managers and institutional customers proprietary technology, tools and education to trade online. IC Markets has distinguished itself among industry leaders with its unique True ECN forex technology, proprietary tools and services, and remarkable focus on customer service. IC Markets is regulated by the Australian Securities and Investments Commission in Australia.

  • infoA true ECN broker that supports both cTrader and MetaTrader platforms
  • infoEquinix hosted servers offer high precision and fast order execution
  • infoToll-Free number in 11 countries offer clients multilingual support
  • infoUnclear if clients from certain countries will be under ASIC regulation or will be regulated by the FSA in Seychelles
Headquarters Sydney, Australia
Type of Broker ECN/STP
Founded 2007
Regulated By Regulated By ASIC (Australia), CySEC (Cyprus), FSA (Seychelles)
Offices In Australia, Cyprus, Seychelles
Supported Languages English, French, Spanish, Russian, Italian, Indonesian, German, Portuguese, Vietnamese, Arabic, Thai
ESMA Regulation ? This broker is regulated within the E.U and may be subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article

Typical Spread on Majors - Live info

EUR/USD 1.0
GBP/USD 1.0
USD/JPY 1.0
* STANDARD account shown.

Order Excution Tests Results - Live info

IC Markets Server Location:

,

Our Client Terminal Location:

St. Louis, United States

Average Time (ms)

Server Response

Order Excution (Normal Hours)

387.2

Order Excution (During News)

109

IC Markets Banner

Since its inception in 2007, IC Markets - a brand name of the International Capital Markets Pty Ltd - has over the past decade, distinguished itself as a Forex broker. Although it started out as a pure Forex broker, soon it expanded its portfolio of tradable assets to help traders diversify their opportunities.

Based in New South Wales, Australia, IC Markets has a global presence and accepts clients from all over the world - except the United States, Canada, Israel, and countries facing international sanctions like Iran. Its office is located at Level 4 50 Carrington Street, Sydney, NSW, 2000, Australia.

IC Markets has partnered with top tier banks and liquidity providers that connect its platforms to the interbank currency market. The company has data centers located in global financial hubs like New York & London (Equinix NY4 and LD5). Its datacenters are connected to liquidity providers via dedicated fiber optic cross connections to ensure the fastest order execution. Having a sound relationship with liquidity providers and a fast data connection means traders usually enjoy some of the lowest spreads in the Forex industry when they trade with IC Markets.

With over thirteen years of experience serving both Australian and International clients, IC Markets has gained the reputation of a reliable Forex broker.

Regulation and Safety of Funds

IC Markets is primarily an Australian Forex and CFDs broker and is regulated by the Australian Securities and Investments Commission (ASIC). However, as it expanded its presence abroad, it has obtained several other trading licenses abroad, including with the Cyprus Securities and Exchange Commission (CySEC) to serve its European clients. Also, it has a license from the Financial Services Authority, Seychelles to operate a brokerage business in the Island nation and accept clients from all over the world.

In June 2019, IC Markets and other Australian brokers started migrating their international clients to their overseas subsidiaries amid pressure from the Australian regulators to reduce leverage. However, IC Markets has since started accepting clients from abroad.

If you are opening an account from Australia, you will by default open an account with the IC Markets Australia. Similarly, if you are opening an account with a European address, you will likely open an account with regulatory oversight from the Cyprus authority. But, if your residency status falls outside Europe and Australia, you will likely end up opening a Forex brokerage account with an IC Markets subsidiary called True ECN Trading Ltd, which is based in the Seychelles.

As per the regulatory requirement of ASIC, IC Markets keeps all client deposits with a top tier bank account. Hence, in case IC Markets fails to meet its financial obligations or declare bankruptcy, your deposits will be protected, and you can claim without worrying about losing your hard earned capital.

Trading Services: Types of Forex Trading Accounts Offered by IC Markets

IC Markets has structured its trading services to accommodate different types of traders. Although all of its accounts offer high leverage and hedging capabilities, it offers three different types of Forex accounts to meet the demand of different styles of traders.

The first ECN account offered by IC Markets comes with the cTrader platform and it charges traders one of the lowest commissions in the industry, $3.0 per $100,000 or full standard lot. The second ECN account uses the popular MetaTrader platform and it is called Raw Spread. The Raw Spread account also charges a commission - of $3.5 per $100,000 or a full standard lot - which is slightly higher than the cTrader account. The third account offered by IC Markets is called a Standard account and it does not charge any commissions to traders, however the Standard account has a minimum spread of 1.0 pips, while the other two ECN accounts charge as low as 0.0 pips under certain market conditions.

All accounts offered by IC Markets come with 500:1 leverage, the ability to trade as low as micro-lots (0.1 standard lot) and require a minimum $200 USD initial deposit. At the time of writing this review, IC Markets offered 64 currency pairs. Besides currency pairs, traders can also access a list of other assets via CFD trading that include soft commodities like corn, soybeans, sugar, cocoa, coffee, and wheat. In addition, several precious metals are included in the trading service such as Gold, Silver, and Platinum. When it comes to trading indices, IC Markets allows 16 Indices to trade from, but the leverage offered on these indices are capped at 200:1.

We found IC Markets to be one of the handfuls of brokers that offer Government bonds for trading as CFDs. Currently, 6 Bonds are offered from leading economies like the United States, Japan, and Eurozone.

IC Markets was one of the first brokers to start offering CFDs for a number of cryptocurrencies and over the years, it has expanded its coverage. Currently, cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Ripple are on offer.

The futures market is one of the largest financial markets you can participate in by opening accounts with IC Markets. However, it only supports four Futures CFDs at the moment and has 200:1 leverage available. Supported Futures trading includes WTI Crude Oil Futures, Brent Crude Oil Futures, CBOE VIX Index Futures, and ICE Dollar Index Futures.

As the cTrader platform is hosted by the software vendor (Spotware), the server is located in London. But IC Markets hosts its own MetaTrader servers in its data center in New York. Hence, depending on which account you are opening, the latency and order execution will vary. However, we found that the order execution is exceptionally quick regardless of which account you are trading from because orders are routed via the liquidity providers closest to the server location.

We found IC Markets' demo account to offer accurate price quotes and you can use a demo account for as long as you need. There is no set expiration date for IC Markets demo accounts. But, keep in mind that a 30-day inactivity period will cause your account to expire.

A quick comparison of different accounts offered by IC Markets

cTrader Raw Spread Standard
Trading Platform cTrader MetaTrader MetaTrader
Commission (per lot) $3.0 per standard lot $3.5 per standard lot None
Starting Deposit (USD) $200 $200 $200
Leverage 500:1 500:1 500:1
Stop Out Level 50% 50% 50%
Order Distance Restriction None None None
Programming Language C# MQL4 MQL4
Currency pairs 64 64 64
Indices, Commodities, Futures, and Cryptocurrencies Supported Supported Supported
CNS VPS Cross Connect Not available Available Available

Trading Platform & Technology

Trading with IC Markets means having access to your accounts with world-class software platforms. The cTrader platform has evolved to be a close competitor to the proven MetaTrader 4 and 5 platforms over the last few years. The good news is that IC Markets makes both cTrader and MetaTrader platforms available, depending on the type of account you have opened with them.

IC Markets MetaTrader Platform

MetaTrader has remained in business since 2005 and arguably, it offers a much higher number of already available technical indicators and automated trading algorithms that you can purchase from the marketplace. But, cTrader also includes a range of built-in technical indicators and comes with automated trading capabilities.

IC Markets cTrader Platform

While both platforms from IC Markets are equally capable of offering the best-in-class trading services to Forex traders, the choice would depend on what type of trader you are. The lower commissions charged by IC Markets for the cTrader account makes it suitable for day traders and scalpers who needs to conduct a high number of trades on a daily basis. The MetaTrader platform is also suited for traders who conduct a large number of trades, but the $3.5 USD commission per standard lot increases the cost of doing business by 16.7%.

IC Markets cAlgo

However, if you are running MetaTrader based automated trading algorithms, you might want to hire a programmer to convert your MQL based trading robot into a cTrader bot. The good news is that the cTrader platform includes a C# programming language-based coding tool that allows traders to write their own automated algorithms.

On the other hand, if you a discretionary trader, trading based on a combination of technical and fundamental analysis, the MetaTrader 4 or 5 Standard accounts offered by IC Markets would be your best bet.

IC Markets Mobile Tradding Apps

IC Markets also provides Web access for both cTrader and MetaTrader 4 & 5 accounts. Moreover, if you do not have access to a computer, you can always download the MetaTrader Android or iOS apps to your smartphone. cTrader has also introduced dedicated Apps for these two popular Tablet and Smartphone platforms.

As we mentioned earlier, IC Markets' servers are located in the Equinix data center, which hosts servers for some of the top 400 buy and sell-side firms and 150 financial service providers. IC Markets claims that average order execution is usually around 40 milliseconds and our server and order execution test shows the results to be very close to such claims.

Here is a summary of our order execution test results.

Order Execution Test Results
IC Markets MT4 Server Location United States - Mewark, New Jersey
Our Client Terminal Location United States - St. Louis, Missouri
5 Day Average During Normal Hours (Pips) Slippage During News Event (Pips)
Slippage 0.0600 0.0000
5 Day Average Time (Milliseconds) Lowest Time (Milliseconds)
Order Execution (Normal Hours) 112.4 78
Time (Milliseconds)
Order Execution (During News) 110.0

Customer Service and Support

IC Markets offers multilingual customer support and we are happy to see around 18 languages are supported by the company. The website is also accessible in 18 languages and besides displaying different email addresses for respective departments like rm@icmarkets.com for client relations and support@icmarkets.com for technical support, IC Markets also lists a dedicated email address for Chinese customers, which is support.cn@icmarkets.com.

While many brokers offer toll-free numbers in a single location, IC Markets listed 11 toll-free numbers in different countries, including +1300 600 644 for Australia, +44 800 014 8775 for the United Kingdom, +661800012799 for Thailand, +6278033212195 for Indonesia, +498007238442 for Germany, +34900838243 for Spain, +558008783186 for Brazil, +601800819013 for Malaysia, +27800172944 for South Africa, +488001125138 for Poland, and +35725123504 for Cyprus.

We were very impressed by the multilingual support agents who we believe were native speakers and handled customer queries in an efficient manner.

However, if you do not feeling like calling IC Markets for some reason, you can also try their online live chat option powered by Zendesk. The live chat option can be found on the help center page.

Based on our criteria, we gave the following ratings to their customer service:

The final rating for customer service experience
Weight Nominal Rating Weighted Rating
Connection Time 10% 5.0 0.50
Toll-free Number (Yes/No) 10% 5.0 0.50
Multilingual Support 10% 5.0 0.50
Professionalism 25% 4.39 1.10
Resolving Issues(Yes/No) 45% 5.0 2.25
Final Rating 4.87 4.84

Deposit and Withdrawal Methods

The most popular deposit method listed by IC Markets is using credit and debit cards, and the deposits are credited to your account instantly. Besides cards, instant deposit methods also include various digital wallet providers such as PayPal, Neteller, Skrill, UnionPay, FasaPay, POLI, Klarna, and Rapidpay. IC Markets has also partnered with banks in Vietnam and Thailand to accept deposits using online banking platforms in those respective countries.

If you are based in Australia, you can also deposit using the Bpay system, but deposits are processed at a delay of 12 hours to 48 hours. Moreover, bank to bank wire transfers are supported and it takes up to 5 days to process such deposits.

While deposits occur mostly instantaneously, we found withdrawal processing time to be rather lengthy. For example, withdrawals by credit and debit cards require 3-5 business days to process. Nonetheless, it is free. Also, if you withdraw by wire transfer outside of Australia, it will cost you $20 AUD.

Current Promotions and Bonus Offers

In January 2020, IC Markets did not offer any deposit bonus and we could not find any promotional offer for new accounts.

The Bottom Line

IC Markets had been around the block in the Forex industry for a long time and it has survived regulatory scrutiny and gained a reputation for being a resilient broker for international clients. Trading with IC Markets means you would not only have access to the latest technology platforms like cTrader and MetaTrader, but it also means you can always reach out to your trusted broker that employs support agents who speak your native tongue.

There are no shortage of Forex brokers offering ECN accounts, but IC Markets can easily stand out in this very competitive industry - part of the reason is that its servers are located at Equinix. Since Equinix hosts servers of some of the largest Forex liquidity providers, your orders should be filled at lightning speeds when you place your orders with IC Markets compared to other Forex brokers that do not have Equinix hosted servers.

During our research, we found that only a handful of large-scale Forex brokers hosts their servers with Equinix because it is rather expensive to host with this data center. As such, you will soon appreciate the competitive advantage IC Markets can provide you in terms of fast order execution, especially during fast-moving market conditions.

IC Markets requires a $200 USD minimum deposit, which is rather high compared to some of the other brokers we have reviewed. Nonetheless, this is a broker for serious Forex traders who understand the benefits of trading with a professional service provider and are willing to fund their accounts accordingly

Based on our research, we have assigned the following ratings to IC Markets. To know more about how we rate brokers, read our review process.

Rating Categories Weight Nominal Rating Weighted Rating
1 Regulatory Oversight 15% 4.50 0.68
2 Security of Client's Funds / Segregated acc. 10% 4.50 0.45
3 Business Model of the Broker 5% 5.00 0.25
4 Transaction Costs and Fees 15% 4.75 0.75
5 Ease of Deposit and Withdrawals 5% 4.50 0.23
6 Trading Platform 10% 5.00 0.50
7 Order Execution/Server Latency 5% 5.00 0.25
8 Customer Support 5% 4.84 0.48
9 Leverage and Margin 10% 5.00 0.25
10 Initial Deposit Amount 5% 4.25 0.21
11 Type of Assets Offered 10% 5.00 0.50
12 Public Opinion 5% 5.00 0.25
Avarage Rating 4.78
Weighted Avarage Rating 4.76

FAQ

Is IC Markets a scam or legit?

IC Markets is a legitimate financial services firm. It is one of the largest and most well-respected forex brokers worldwide. It serves a broad client base and is regulated by multiple Tier 1 financial regulatory authorities.

Where is IC Markets located?

IC Markets’ company headquarters is located in Sydney, Australia. It has additional offices in Mahe, Seychelles and Limassol, Cyprus.

What is the minimum deposit requirement at IC Markets?

IC Markets requires all clients, regardless of the type of account they select, to meet a minimum initial deposit requirement of $200 USD (or equivalent).

Does IC Markets accept deposits from PayPal?

Yes, IC Markets clients can use PayPal, or other similar third-party payment processors, for deposits or withdrawals. Other account funding options include credit or debit cards, wire transfers, and broker-to-broker transfers, Skrill, UnionPay, Neteller and more..

What leverage does LMFX offer?

LMFX offers a maximum 1000:1 leverage. This is a high leverage when compared to most forex brokers.

How long do withdrawals from an IC Markets account usually take?

Withdrawal requests are customarily processed within one business day at IC Markets. However, depending on the selected withdrawal method, it may take several business days for clients to actually receive requested funds.

Does IC Markets accept US clients?

No, IC Markets doesn’t accept US residents as clients. Like many other forex brokers, it simply has no desire to put itself under the thumb of US financial regulatory authorities.

Does IC Markets allow scalping?

Yes. IC clients can employ any type of trading method or trading strategy. That includes scalping, hedging, and automated trading.

Is IC Markets an ECN broker?

IC Markets is touted as a “true ECN broker”, but some information on its website seems to indicate that it may be a combination STP/ECN broker. Whatever its order execution method, IC customarily provides its clients with among the lowest bid/ask spreads offered by any forex broker.

What amount of leverage does IC Markets offer?

The maximum available leverage at IC Markets is 1000:1. The amount of leverage clients can access varies by jurisdiction and by financial assets traded.

What trading platforms does IC Markets offer?

IC Markets offers clients a choice of the MetaTrader 4, MetaTrader 5, or cTrader trading platform. All three platforms are accessible as a downloadable desktop program, a web trader program, or through a mobile app (apps for both iPhone and Android are available).

Does IC Markets off Social Trading?

Yes, IC Markets offers server Social Trading options, via its own IC Social platform as well as Zulutrade and cTrader Copy Trading.

IC Markets Reviews

Submit your review

To submit your own Forex Broker review please fill in the form below. Your review will be checked by a moderator and published on this page.

neutral
Country: spain Acc No: 1********7 Dec 15, 2019
Hola, mi experiencia es buenisima, para mi son muy profesionales y nunca he visto nada extraño en sus operaciones. Llevo mas de un año operando con ellos. La atencion al cliente es muy buena y son muy profesionales y de fiar.

neutral
OzPips Country: Australia Jul 16, 2013
In my experience, this has been a very good broker. I have used them for almost a year and have never

had any problems with them, their support it very quick, spreads are tight and withdrawing money
is quick and easy.

I can definitely recomend this broker - it also helps with peace of mind that they are regulated by ASIC.

Currencies Swap
Short Long Type
AUDCAD -0.40 -4.01 0
AUDCHF -5.12 2.34 0
AUDJPY -13.60 5.11 0
AUDNZD 1.16 -6.33 0
AUDUSD 1.30 -3.46 0
CADCHF -8.31 2.78 0
CADJPY -18.08 8.37 0
CHFJPY -12.24 3.29 0
EURAUD -2.67 -4.53 0
EURCAD 0.51 -6.80 0
EURCHF -9.44 3.26 0
EURDKK -21.00 -26.50 0
EURGBP 1.06 -4.78 0
EURJPY -21.95 8.08 0
EURNOK -9.18 -25.11 0
EURNZD 4.26 -11.19 0
EURPLN 31.00 -58.00 0
EURSEK -21.41 -15.70 0
EURTRY 598.00 -1125.00 0
EURUSD 2.56 -6.25 0
GBPAUD -8.98 0.94 0
GBPCAD -5.18 -2.14 0
GBPCHF -14.29 8.47 0
GBPJPY -35.82 16.20 0
GBPNOK -72.45 7.00 0
GBPNZD -4.05 -5.04 0
GBPSEK -46.00 8.60 0
GBPUSD -0.37 -1.99 0
NOKJPY -0.17 0.09 0
NZDCAD -2.89 -1.01 0
NZDCHF -6.73 3.98 0
NZDJPY -15.80 7.54 0
NZDUSD -1.03 -1.38 0
SEKJPY -1.50 1.10 0
SGDJPY -13.00 7.00 0
USDCAD -4.94 -0.96 0
USDCHF -10.43 6.33 0
USDCZK 1.36 -18.41 0
USDDKK -63.00 15.30 0
USDHKD -48.00 5.00 0
USDHUF 45.70 -93.10 0
USDJPY -25.92 12.46 0
USDNOK -60.18 10.09 0
USDPLN 2.50 -35.00 0
USDRUB 0.00 0.00 0
USDSEK -74.84 25.38 0
USDSGD -10.96 1.02 0
USDTRY 262.44 -1220.54 0
XAUUSD 20.78 -32.84 0
XAGUSD 2.57 -4.61 0
BTCUSD -15.00 -15.00 2
BCHUSD -15.00 -15.00 2
ETHUSD -15.00 -15.00 2
XRPUSD -15.00 -15.00 2
LTCUSD -15.00 -15.00 2
DSHUSD -15.00 -15.00 2
Swap Chart for EURUSD for different FX Brokers
Long Swaps
Short Swaps
Change Currency
Volume
AUDCAD 21
AUDCHF 49
AUDJPY 65
AUDNZD 25
AUDUSD 17
CADCHF 28
CADJPY 67
CHFJPY 111
EURAUD 28
EURCAD 26
EURCHF 91
EURDKK 1
EURGBP 16
EURJPY 87
EURNOK 24
EURNZD 25
EURPLN 50
EURSEK 7
EURTRY 4
EURUSD 12
GBPAUD 41
GBPCAD 32
GBPCHF 62
GBPJPY 78
GBPNOK 11
GBPNZD 43
GBPSEK 16
GBPUSD 39
NOKJPY 6
NZDCAD 33
NZDCHF 22
NZDJPY 44
NZDUSD 14
SEKJPY 3
SGDJPY 85
USDCAD 47
USDCHF 75
USDCZK 20
USDDKK 27
USDHKD 7
USDHUF 19
USDJPY 52
USDNOK 3
USDPLN 36
USDRUB 1
USDSEK 27
USDSGD 51
USDTRY 5
XAUUSD 4
XAGUSD 4
BTCUSD 88
BCHUSD 26
ETHUSD 45
XRPUSD 216
LTCUSD 98
DSHUSD 2
Volume Chart
Headquarters Sydney, Australia
Type of Broker ECN/STP
Founded 2007
Regulated By Regulated By ASIC (Australia), CySEC (Cyprus), FSA (Seychelles)
Offices In Australia, Cyprus, Seychelles
Supported Languages English, French, Spanish, Russian, Italian, Indonesian, German, Portuguese, Vietnamese, Arabic, Thai
ESMA Regulation ? This broker is regulated within the E.U and may be subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article
Currencies Swap
Short Long Type
AUDCAD -0.40 -4.01 0
AUDCHF -5.12 2.34 0
AUDJPY -13.60 5.11 0
AUDNZD 1.16 -6.33 0
AUDUSD 1.30 -3.46 0
CADCHF -8.31 2.78 0
CADJPY -18.08 8.37 0
CHFJPY -12.24 3.29 0
EURAUD -2.67 -4.53 0
EURCAD 0.51 -6.80 0
EURCHF -9.44 3.26 0
EURDKK -21.00 -26.50 0
EURGBP 1.06 -4.78 0
EURJPY -21.95 8.08 0
EURNOK -9.18 -25.11 0
EURNZD 4.26 -11.19 0
EURPLN 31.00 -58.00 0
EURSEK -21.41 -15.70 0
EURTRY 598.00 -1125.00 0
EURUSD 2.56 -6.25 0
GBPAUD -8.98 0.94 0
GBPCAD -5.18 -2.14 0
GBPCHF -14.29 8.47 0
GBPJPY -35.82 16.20 0
GBPNOK -72.45 7.00 0
GBPNZD -4.05 -5.04 0
GBPSEK -46.00 8.60 0
GBPUSD -0.37 -1.99 0
NOKJPY -0.17 0.09 0
NZDCAD -2.89 -1.01 0
NZDCHF -6.73 3.98 0
NZDJPY -15.80 7.54 0
NZDUSD -1.03 -1.38 0
SEKJPY -1.50 1.10 0
SGDJPY -13.00 7.00 0
USDCAD -4.94 -0.96 0
USDCHF -10.43 6.33 0
USDCZK 1.36 -18.41 0
USDDKK -63.00 15.30 0
USDHKD -48.00 5.00 0
USDHUF 45.70 -93.10 0
USDJPY -25.92 12.46 0
USDNOK -60.18 10.09 0
USDPLN 2.50 -35.00 0
USDRUB 0.00 0.00 0
USDSEK -74.84 25.38 0
USDSGD -10.96 1.02 0
USDTRY 262.44 -1220.54 0
XAUUSD 20.78 -32.84 0
XAGUSD 2.57 -4.61 0
BTCUSD -15.00 -15.00 2
BCHUSD -15.00 -15.00 2
ETHUSD -15.00 -15.00 2
XRPUSD -15.00 -15.00 2
LTCUSD -15.00 -15.00 2
DSHUSD -15.00 -15.00 2
Swap Chart for EURUSD for different FX Brokers
Long Swaps
Short Swaps
Change Currency
Volume
AUDCAD 21
AUDCHF 49
AUDJPY 65
AUDNZD 25
AUDUSD 17
CADCHF 28
CADJPY 67
CHFJPY 111
EURAUD 28
EURCAD 26
EURCHF 91
EURDKK 1
EURGBP 16
EURJPY 87
EURNOK 24
EURNZD 25
EURPLN 50
EURSEK 7
EURTRY 4
EURUSD 12
GBPAUD 41
GBPCAD 32
GBPCHF 62
GBPJPY 78
GBPNOK 11
GBPNZD 43
GBPSEK 16
GBPUSD 39
NOKJPY 6
NZDCAD 33
NZDCHF 22
NZDJPY 44
NZDUSD 14
SEKJPY 3
SGDJPY 85
USDCAD 47
USDCHF 75
USDCZK 20
USDDKK 27
USDHKD 7
USDHUF 19
USDJPY 52
USDNOK 3
USDPLN 36
USDRUB 1
USDSEK 27
USDSGD 51
USDTRY 5
XAUUSD 4
XAGUSD 4
BTCUSD 88
BCHUSD 26
ETHUSD 45
XRPUSD 216
LTCUSD 98
DSHUSD 2
Volume Chart
Account Currencies AUD, USD, EUR, CAD, GBP, SGD, NZD, JPY, HKD, CHF
Minimum Deposit $200
Traders from USA Allowed No
Clients Funds Segregated Yes
Interest on Margin No
Islamic Accounts Yes
Islamic Account Restrictions Muslim Faith Only
ECN / STP Accounts Offered Yes
Commission on STP or ECN $3.50/100K (Raw Spread MT4), $3/100K (Raw Spread cTrader)
VIP Accounts Offered No
Mini Accounts Offered Yes
PAMM / MAM Solutions No
API Solutions Yes
Mobile Trading Yes
Web Based Trading Yes
Funding Methods Credit/Debit Cards, Wire Transfer, PayPal, Skrill, UnionPay, Neteller, Bpay, Broker to Broker, POLi, Rapidpay, Klarna, Vietnamese Internet Banking
Withdrawal Methods Credit/Debit Cards, Wire Transfer, PayPal, Skrill, UnionPay, Neteller, Bpay, Broker to Broker, POLi, Rapidpay, Klarna, Vietnamese Internet Banking
Platforms Offered MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 iOS, MetaTrader 4 iPhone, MetaTrader 4 Android, MetaTrader 5, MetaTrader 5 iOS, MetaTrader 5 Android, WebTrader, cTrader, cTrader Mobile, cTrader Web
NO of Pairs 61
Cryptocurrency Trading Yes
Pricing Digits 5
Trade off Charts Yes
One-click Execution Yes
Email Alerts Yes
Mobile Alerts Yes
Trading Server Time EET/EEST
Demo Account Expiry Non-Expiring
VPS Offered Yes
Free VPS Conditions Free VPS with minimum 15 Lots traded per month
Dealing Desk No
Maximum Leverage 1000:1
Minimum Contract Size 0.01
Execution Market Execution
Hedging Yes
Scalping Yes
Scalping Restrictions No
Option of OCO Yes
Option of FIFO No
CFD's Yes
Metals Yes
Oil Yes
Stocks Yes
Futures Yes
Indices Yes
EFT's Yes
Short Long Type
AUDCAD -0.40 -4.01 0
AUDCHF -5.12 2.34 0
AUDJPY -13.60 5.11 0
AUDNZD 1.16 -6.33 0
AUDUSD 1.30 -3.46 0
CADCHF -8.31 2.78 0
CADJPY -18.08 8.37 0
CHFJPY -12.24 3.29 0
EURAUD -2.67 -4.53 0
EURCAD 0.51 -6.80 0
EURCHF -9.44 3.26 0
EURDKK -21.00 -26.50 0
EURGBP 1.06 -4.78 0
EURJPY -21.95 8.08 0
EURNOK -9.18 -25.11 0
EURNZD 4.26 -11.19 0
EURPLN 31.00 -58.00 0
EURSEK -21.41 -15.70 0
EURTRY 598.00 -1125.00 0
EURUSD 2.56 -6.25 0
GBPAUD -8.98 0.94 0
GBPCAD -5.18 -2.14 0
GBPCHF -14.29 8.47 0
GBPJPY -35.82 16.20 0
GBPNOK -72.45 7.00 0
GBPNZD -4.05 -5.04 0
GBPSEK -46.00 8.60 0
GBPUSD -0.37 -1.99 0
NOKJPY -0.17 0.09 0
NZDCAD -2.89 -1.01 0
NZDCHF -6.73 3.98 0
NZDJPY -15.80 7.54 0
NZDUSD -1.03 -1.38 0
SEKJPY -1.50 1.10 0
SGDJPY -13.00 7.00 0
USDCAD -4.94 -0.96 0
USDCHF -10.43 6.33 0
USDCZK 1.36 -18.41 0
USDDKK -63.00 15.30 0
USDHKD -48.00 5.00 0
USDHUF 45.70 -93.10 0
USDJPY -25.92 12.46 0
USDNOK -60.18 10.09 0
USDPLN 2.50 -35.00 0
USDRUB 0.00 0.00 0
USDSEK -74.84 25.38 0
USDSGD -10.96 1.02 0
USDTRY 262.44 -1220.54 0
XAUUSD 20.78 -32.84 0
XAGUSD 2.57 -4.61 0
BTCUSD -15.00 -15.00 2
BCHUSD -15.00 -15.00 2
ETHUSD -15.00 -15.00 2
XRPUSD -15.00 -15.00 2
LTCUSD -15.00 -15.00 2
DSHUSD -15.00 -15.00 2
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Broker Bonuses

$10,000 Welcome Bonus - Join AvaTrade and get a New Clients Bonus up to $10,000

$10 No Deposit Bonus - Open a Live STP account, $10 Bonus is automatically added to your account

100% Deposit Bonus - Receive a 100% Bonus on Deposits (Max Bonus $5,000). Bonus credited after required lots are traded.