International Capital Markets Pty Ltd, headquartered in Sydney, is Australia’s largest True ECN Foreign Exchange provider. IC Markets is fully regulated by the Australian Securities and Investment Commission (ASIC), which is among the strictest forex regulatory bodies. On top of that, all client funds are segregated with the National Australian Bank (NAB) and Westpac.
To date, IC Markets has had no known regulatory violations.
IC Markets offers quite an abundance of trading platforms.
MT4/MT5 platforms are the classic trading platform which all forex veterans should be familiar with. The problem is that it can be somewhat inhibitive for anyone new to forex trading as the learning curve can be quite steep.
cTrader - which offers some nice benefits. cTrader comes in a number of different forms, including web, standalone desktop application (see image below), or mobile trading platform.
In regards to execution speeds, ICMarkets host their serversin the Equinix NY4 data centre in New York, which means that execution speeds are always going to be very fast.
Depositing with IC Markets is pretty simple, although you do need to verify your account with a valid ID and proof of residence BEFORE you can fund. This is actually the best method, as there are some dodgy brokers out there who let you deposit, but give you hell when you try to make a withdrawal if you haven't properly verified your account. IC Market's way is how it should actually be done.
IC Markets offers quite a few methods for depositing, including CreditCard, Wire transfer, Paypal, WebMoney, UnionPay, Neteller, Fasapay, Qiwi, Skrill and even cash payments (within Australia only).
Withdrawals are also processed very quickly. We have actually traded quite a bit with IC Markets, and have to this day never had any issues with deposits or withdrawals.
ETXCapital while maybe not one of the largest Forex brokers around, definitely have a lot to offer to all types of traders, from complete beginners to the very experienced and professional. All of the platforms run very smoothly and quickly, with very accurate real-time market quotes. All in all, ETXCapital is one of our favourite brokers here and comes highly recommended.