The world’s first True ECN forex broker IC Markets True ECN trading environment allows you to trade online on institutional grade liquidity from the worlds leading investment banks and dark pool liquidity execution venues, allowing you to trade on spreads from 0.0 pips. You can now trade along side the worlds biggest banks and institutions […]
The world’s first True ECN forex broker
IC Markets True ECN trading environment allows you to trade online on institutional grade liquidity from the worlds leading investment banks and dark pool liquidity execution venues, allowing you to trade on spreads from 0.0 pips. You can now trade along side the worlds biggest banks and institutions with your order flowing straight into our true ECN environment.
Trade in a true ECN environment with no dealing desk or price manipulation. IC Markets is the online forex broker of choice for high volume traders, scalpers and robots.
The True ECN Advantage
Our True ECN account offers some of the lowest possible spreads available. Our average EUR/USD spread is 0.1 pips, with only a small commission of $3.50 per lot payable. With liquidity from over 50 different banks and dark pool liquidity sources IC Markets True ECN account was built for day traders, scalpers and expert advisors. Our MetaTrader 4 True ECN server is located in the Equinix NY4 data center in New York, bringing you closer to our liquidity partners and eliminating any unnecessary latency. IC Markets MetaTrader 4 True ECN platform is the preferred choice for active day traders and scalpers globally.
True ECN Connectivity
IC Markets is able to offer market leading pricing and trading conditions through the MT4 platform by providing clients with True ECN Connectivity.
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 Markets liquidity providers to our ECN environment where clients can trade with no dealing desk, price manipulation or re-quotes. Due to the diverse liquidity mix comprising of up to 50 different liquidity providers at any one time, IC Markets is the forex broker of choice for high volume traders, scalpers and robots who demand the tightest spreads and best execution.
The cTrader Edge
IC Markets cTrader platform is a market leading ECN trading platform designed from the ground up with forex trading in mind. cTrader was built to operate specifically in a True ECN environment and when combined with IC Markets pricing and unrivalled execution speeds cTrader makes a valuable addition to your trading arsenal and will help take your trading to the next level.
IC Markets boasts some of the tightest spreads of all Forex brokers globally. There is no minimum spread on the cTrader platform and spreads on the EUR/USD can often be seen at -0.3 pips during the European and North American trading sessions. The average spread on EUR/USD is 0.1 pips 24/5. This is currently the tightest average EUR/USD spread out of any broker globally.
Our diverse liquidity mix from up to 50 different liquidity providers means that we are always able to source liquidity for our clients and keep our spreads tight, especially during high volatility times such as news announcements.
Level II Pricing – Market Depth
cTrader’s depth of market shows the full range of executable prices coming directly from liquidity providers. Orders are filled against the full order book using Volume Weighted Average Price (VWAP). cTrader offers complete transparency of the liquidity of each currency pair by showing the available volumes for each price level at any given time. High liquidity, asynchronous spot prices and low latency guarantee the tightest possible spreads.
Ultra Fast Order Execution
The IC Markets cTrader server is located in the LD5 IBX Equinix Data Centre in London. The LD5 IBX data centre referred to as a financial ecosystem is home to over 600 buy and sell side firms, exchanges, trading venues, market data and service providers. They cTrader server is cross connected to our ECN to ensure ultra low latency and the fast execution of your trades. cTrader’s backend allows simultaneous processing of your orders, enabling you to take advantage of every market condition.
The IC Markets cTrader server has under 1ms latency to major VPS providers either collocated in the LD5 IBX data centre or through dedicated lines to nearby data centres. This low latency environment is ideal for automated and High Frequency Trading and scalping.
No Restrictions on Trading – Scalping Allowed
IC Markets cTrader platform has no restrictions on trading. We have some of the best trading conditions for scalping and high frequency trading globally, allowing traders to place orders between the spread as there is no minimum order distance and a freeze level of 0. This means orders including stop loss orders can be placed as close to the market price as you like.
Traders can also hedge positions as there is no first in first out (FIFO) rule with IC Markets. Traders do not pay margin on hedged trades and enjoy the benefits of margin netting.
Flexible Lot Sizing
There are not limits or restrictions on trade sizes, you can place trades as small as one micro lot (0.01) with no maximum limit. Our flexible lot sizing allows you trail the platform with minimal risk and manages your trades sizes in accordance with your account balance.
64 Currencies & Metals + 13 CFDs
Trade 64 currency pairs plus 13 major equity indices including the FTSE 100 and Dow Jones Index 24 hours a day with a spread of 1 point. With S&P/ASX 200 spreads from 1 point.
Leverage up to 1:500
Accounts go up to 1:500 leverage on the IC Markets cTrader platform. Traders can use higher leverage to suit their trading style and get the best out of their manual and automated trading strategies.
All Major Currencies Supported
Open an account in one of 10 supported base currencies including: USD, AUD, EUR, GBP, SGD, HKD NZD, JPY, CHF & CAD.
Flexible Funding and Withdrawal Options
Once you’ve opened your IC Markets MT4 account you can fund using one of our 10 funding options including: Credit/Debit card, Moneybookers, local bank transfer (transferring to a bank in your country), wire transfer, Webmoney, Bpay, broker to broker transfer, branch deposits China Union Pay, Neteller, FasaPay.