Abstract:IC Markets, a trading name of IB of International Capital Markets Pty Ltd, is allegedly a financial service company registered in Seychelles.
Note: IC Markets is to operate via the website - https://www.icmarketsaz.com/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
IC Markets, a trading name of IB of International Capital Markets Pty Ltd, is allegedly a financial service company registered in Seychelles.
As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, trading platforms, minimum deposit, etc.
As for regulation, it has been verified that Australia Securities & Investment Commission (ASIC) license held by IC Markets is a suspicious clone. That is why its regulatory status on WikiFX is listed as “Suspected Fake Clone” and receives a relatively low score of 1.34/10. Please be aware of the risk.
Customer Support
Unluckily, we didn‘t find any useful information about IC Markets’ customer support on the Internet. Generally, regulated brokers will reveal their telephone numbers, email or company address to let their clients get in touch with them.
Pros & Cons
Pros | Cons |
N/A | • Suspicious clone |
• Website inaccessible |
Frequently Asked Questions (FAQs)
Q 1: | Is IC Markets regulated? |
A 1: | No. It has been verified that IC Markets currently has no valid regulation. |
Q 2: | Is IC Markets a good broker for beginners? |
A 2: | No. IC Markets is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website. |
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