Because of the astronomical growth in monthly trading volume last month, IC Markets set a new record, with numbers that were even higher than those recorded in March 2020. Retail traders’ demand boosted the broker’s numbers, which boosted the broker’s numbers. According to the brokerage, the increase in trading volumes was caused by an influx of new clients as well as the brokerage’s product diversification, which attracted a more diverse pool of traders.
Finance Magnates obtained a copy of a press release from the Australian broker, which stated that the firm had seen an increase in demand across all asset classes. These included forex, stocks, commodities, digital currencies, and futures. In addition, the brokerage increased its product offerings to include cryptocurrencies and stock CFDs, which may have attracted more traders to the site.
General Information On IC Markets
International Capital Markets, also known as IC Markets in the trading world, is a broker company that specializes in the financial services industry. The brokerage is an ECN broker that is regulated by the SEC. There are more than 230 tradable assets available through the company, which has its headquarters in Australia. In 2007, IC Markets was established in Sydney, Australia. The broker advertises itself as a brokerage for high-level traders and scalpers, despite the fact that the company provides services and features for both beginners and experienced traders.
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IC Markets also offers extremely low spreads, with the first pip being as low as 0.0 pips. When it comes to their trades, many traders desire that level of confidence. This broker, as it boasts on its website, makes trading easily accessible to anyone who wishes to participate. Continue reading to learn more about the IC Markets Review. Let’s take a closer look at the most notable characteristics of this broker.
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Features Of IC Market Platform
For starters, this broker caters to a wide range of traders from novice to experience. It provides MetaTrader4, which is designed specifically for forex traders. Additionally, MetaTrader5 is available, which is ideal for use in markets other than the forex market. Furthermore, it comes with its own trading platform, which includes additional features that you can take advantage of.
The MetaTrader4 platform enables an investor to execute trades with a variety of tools at his or her disposal. It’s also compatible with mobile devices, making it convenient for you to conduct business on the go. It contains charts, indicators, and other tools that you can use to make better trades on the stock market.
Meanwhile, the MetaTrader5 platform is identical to the MT4 platform, but it includes a slew of additional features. It includes more charts, indicators, and tools for a greater number of assets. It also includes more market and stop orders, as well as improved charts. This is one of the reasons why more traders prefer it: it allows them to trade more effectively in other markets.
When it comes to True ECN Connectivity, on the other hand, cTrader is the go-to tool. Its distinctive features and designs distinguish it as the premier trading platform for discretionary forex traders. Multiple bank liquidity is available at IC Markets, which is something that a lot of traders seek. With ultra-fast execution, you can take advantage of leverage of up to 500:1. All of these factors combine to make cTrader a more attractive alternative to MT4 and MT5.