IC TRADING Review

IC Trading offer more than 2,000 financial instruments on MT4/MT5 and cTrader.

■ Foundation: IC Trading was founded in 2022

■ Headquarters: based in Mauritius, » Here is the license

■ US Residents: NO

■ Regulated: FSC (Financial Services Commission of Mauritius) -License Number: GB21026834

■ Client Account Segregation: YES (Westpac and National Australia Bank -NAB)

■ Languages: English, Spanish, French, Japanese, Chinese

■ Customer Support: 24/5 via Phone, LiveChat, and eMail

 

IC TRADING TRADING INFO SUMMARY

■ Broker Type: CFD Provider

■ Trading: Forex, Metals, Energies, Stock Indices, Shares, Bonds, Digital Assets, and Futures

■ Platforms: MetaTrader-4, MetaTrader-5, cTrader, FIX/API

■ Trading Time Zone: IC Trading’s server time and charts are GMT+2/GMT+3

■ Demo Account: YES (easy to complete)

■ Best Spread on EUR/USD: 0.0 pip (RAW Account) plus $7/full traded lot trading commissions

■ Trading Leverage: up to 30:1 for Europeans, significantly higher for other traders

■ Scalping: is fully allowed –YES- (Free VPS under a policy, check below)

■ Minimum Account: $200 for MetaTrader and cTrader Accounts

» IC TRADING (Allows European Traders)

 

TRADING ASSETS

IC Trading offers the following Financial Instruments:

■ 61 Forex pairs

■ 25 Stock Equity Indices

■ 2,100+ shares

■ 4 major metals

■ 2 Energy assets (Brent and WTI)

■ 9 Bonds

■ 21 Cryptocurrency pairs

■ Futures Trading (No overnight charges)

IC TRADING TRADING TERMS

These are the IC Trading spreads and trading commissions on the RAW account type:

■ EURUSD starts as low as 0.0 pip, typical spread is 0.1 pip, plus commissions $7/ full traded lot

■ GBPUSD starts as low as 0.0 pip, typical spread is 0.1 pip, plus commissions $7/ full traded lot

 

IC TRADING TRADING PLATFORMS

IC Trading provide the classic MT4/MT5 plus cTrader platforms.

■ MetaTrader-4

■ MetaTrader-5

■ cTrader

■ FIX/API

■ NY4 and LD5 IBX Equinix Data Centres -New York and London (*)

(*) The Equinix NY4 Data Centre hosts more than 60 exchanges and trading platforms, more than 400 Buy/Sell Side firms, more than 150 financial providers, and more than 670 network bandwidth options.

 

ICTrading Free VPS (Virtual Private Server)

A VPS service allows traders to apply automated trading strategies 24/7, without having to maintain any hardware (PC, router, etc.). Traders with a minimum monthly volume can get a Free VPS. Clients of IC Trading should preferably use VPS hosting in the co-located Equinix data center. 

1. The broker sponsors the cost of a VPS up to 35 USD per month

 

IC TRADING NEW ACCOUNT INFORMATION

IC TRADING Account Types:

IC Trading offer two MT4/MT5 account types, the Standard and Raw Spread account. There is also a cTrader account. Note that IC Trading does not charge any standard commissions on Standard Accounts; instead, they mark up the spread received from their liquidity providers.

IC Trading Account Types	STANDARD	RAW	cTRADER
Minimum Deposit	200 $
Account Currencies	USD, EUR, GBP, CHF, JPY, AUD, NZD, CAD, SGD, HKD
Minimum Trade Size	0.01 lot
Maximum Trade Size	200.00 lot
Trading Commissions	No Commissions	$7 / round-traded lot
Minimum Spread (EURUSD)	1.1-1.3 pip	0.0 pip	0.0 pip
Automated Trading, Scalping, and Hedging	YES TO ALL
	» IC TRADING

 

IC Trading Fund Methods:

■ Wire transfers | ■ Credit Cards | ■ PayPal | ■ Neteller

IC TRADING REVIEW PROS AND CONS (According to competition)

IC TRADING REVIEW PROS & CONS
IC Trading Review PROS	IC Trading Review CONS
√ Tight spreads on RAW account starting at 0.0 pip, plus commissions of $7.0 per full-traded lot √ More than 2,000+ financial products including Forex pairs, precious metals, stocks, shares, bonds, energies, and cryptocurrencies √ Futures Trading (useful for swing traders) √ MT4/MT5 and cTrader Platforms √ Automated Trading, Scalping, Hedging, and FIX/API √ Fast order execution (NY4 and LD5 IBX Equinix Data Centres) √ Free VPS (after meeting volume requirements)	X Based on Mauritius X No PAMM/MAM Accounts

 

 

IC Trading Review Conclusions

IC Trading is a multi-featured CFD provider, almost identical to IC Markets. They offer fast and competitive trading of more than 2,000 financial instruments. IC Trading is based in Mauritius and is regulated by the local Financial Services Commission of Mauritius (FSC). The broker offers client bank account segregation via Westpac and National Australia Bank (NAB).

IC Trading features two main account types, the Standard and the Raw Spread. The trading spreads on the RAW account are very tight, starting as low as 0.0 pip on EURUSD plus $7 / full traded lot. The spread on the Standard Account starts as low as 1.1 pip, without charging any trading commissions. There is also a cTrader account. The minimum amount required to open a Standard, RAW, or cTrader account is just $200. The funding methods include cards, bank wire, and a few internet wallets such as Neteller and PayPal.

Concerning their asset index, IC Trading offers 60+ Forex pairs plus CFDs in precious metals, energies, commodities, indices, shares, cryptocurrencies, and bonds. Note that IC Trading offers also Futures Trading, which means you can open specific positions in the market without having to pay overnight rates (SWAPS). That is an important feature for swing and long-term trading.

The platforms available include MT4, MT5, and cTrader. There is no PAMM/MAM account, but there is the option for copy-trading. Automatic trading, EAs, and Scalping are fully allowed, plus there is a free VPS Hosting promotion. Note that IC Trading MT4 is located in the NY4 Data Centre (New York), providing fast execution speeds.

IC Trading is a good choice for intraday and and automated trading, but also for swing trading. Additionally, the broker’s tight spreads, low latency on execution, and the onboard VPS hosting strengthen the potential for scalping the Forex market.

» IC TRADING WEBSITE

 

 

■ IC Trading Review

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