IC MARKETS REGISTRATION – SIGN UP HERE
IC Markets is a well-known broker where you can trade in a safe and secure environment with powerful trading platforms. Before you start trading, learn everything about the demo account and live account on the broker.
Overview:
- Minimum Deposit: 200$
- Maximum Leverage: 1:500 (T&C Apply)
- Tradable Assets: Forex, Indices, Commodities, Stocks, Bonds, Cryptos, Futures
- Regulated by FSA (Financial Services Authority), ASIC & CySec
- Demo Account: Yes
Note: Your capital is at risk
IC Markets registration requirements
According to the FSA anti-money laundering and countering the Financing of Terrorism Act 2020, IC Markets needs to verify an individual’s identity before opening a trading account. The broker is required to collect 100 points or more of an ID. Every form of primary ID holds 70 points and every form of secondary ID holds 30 points.
Photo ID (primary) - 70 points per document
IC Markets accepts the following forms of photo identification:
- A valid Government ID, such as a State ID or a driver’s license.
- A valid national identity card
- A valid passport
Keep in mind that your full name and date of birth must be on the photo ID. If the photo ID is certified or notarized, it adds 30 points.
Proof of residence (secondary) - 30 points per document
The acceptable forms of proof of residence are:
- Birth certificate
- Certificate of citizenship
- Bank or credit card statement
- Government-issued tax document
- A utility bill (electricity, gas, phone)
Note that all proofs of residence must be current. They must not be outdated by more than 90 days. Moreover, they must show the full document, display the name and address clearly, as well as a provision of services like money owed or paid.
IC Markets must be able to understand the language on the photo ID and proof of residence. If the documents are provided in other languages than English, then they should be accompanied by an English translation.
IC Markets demo registration
Trading on IC Markets demo account before you go live can be very beneficial because you can test your strategies and gain experience without the risk of losing your money. To open a demo account on IC Markets, you have to visit the website and click on the “Try a free demo” option. After that, a form opens that you have to fill with your personal details such as country, name, email, and phone number, and click on “Register”. Afterwards, you can proceed to trading account configuration. The demo account does not require a minimum deposit as the trades are executed using virtual money.
IC Markets sign up to live account
You can sign up for a live account on IC Markets with PayPal, Facebook, or Google. To sign up, you have to:
- Click on the “Start trading” option on the homepage of IC Markets.
- Then, fill personal details and click “Next”.
- Similarly, complete the processes of telling the broker more about yourself, trading account configuration, and declaration.
- Finally, fund your account to start trading.
Trading Advantages with IC Markets
The pros of trading on IC Markets include:
- You can trade forex on the broker for a low fee.
- The broker offers a selection of sophisticated trading platforms.
- The users can deposit and withdraw money from their account at free of cost.
- IC Markets offers safe, secure, and regulated trading.
- Various educational resources are available for users to learn.
Supported Trading Platforms
IC Markets provides the traders with the options of trading by using either the cTrader, MetaTrader 4, or MetaTrader 5 platforms. The provision of the platforms forms part of IC Market’s provision of an ECN trading environment.
All of these trading platforms offer powerful trading features and they are compatible with automated trading. The functions and features on each platform are designed to cater to every trader’s requirements.
The trading platforms of IC Markets can be downloaded on desktop computers and mobile devices. However, traders can also access them through the web directly. Therefore, it offers easy accessibility. Traders can access trading platforms from anywhere in the world.
Useful tools on these trading platforms include Depth of Market (DOM), ladder trading, in-built and incorporated spread monitoring, the ability to set the opening and closing positions automatically, and more.
These trading platforms offer fast and reliable execution of a trade, and they are also designed to carry out large numbers of orders at any time. IC Markets also uses ZuluTrade. It is a social trading platform where traders can choose from a long list of professional traders to follow their trading signals at free of cost.
IC Markets also offers flexible and easy to use multi-account management system tools named MAM and PAMM. Traders can also go for FIX API which is specifically used by traders who trade high volumes.
The broker has a substantial offering when it concerns trading platforms. It is one of the many reasons why IC Markets is better than the rest in the market. The trading platforms make sure to cater to all needs of the traders based on their skill level.
FAQ
The minimum deposit for IC Markets is $200.
IC Markets offers safe and regulated trading with powerful tools on a variety of trading platforms. So, it can definitely be considered a decent broker.
No, IC Markets does not give a bonus.
Yes, IC Markets accepts South African clients.
For more please read IC Markets Review
Note: Your capital is at risk