Forex Broker IC Markets True ECN account Review

Reviewed by:
On March 9, 2017
Last modified:March 9, 2017


Forex broker IC Markets True ECN account

True ECN account offers some possible extensions lower spreads. There average EUR/USD spread is 0.1 points, with solely a small Commission of $3.50 per lot to pay. IC Markets True ECN account liquidity over 50 totally different banks and sources of dark liquidity pool IC markets true ECN was engineered for expert advisors, brokers and day traders.

The brokers MetaTrader 4 true ECN server is about at the Equinix NY4 data center in New York, bring client a lot of closely to their members in liquidity and eliminating any unnecessary latency.

Read Here: IC Markets forex broker Review And Rating

The platform of IC markets MetaTrader 4 true ECN is that the option most popular for day active merchants and scalpers globally.

IC Markets True ECN account has a number of the tightest spreads of forex brokers around the world. Spreads from 0.0 pips on the MetaTrader 4 platform with the common in EURUSD be 0.1 PIP 24/5. This can be presently the most tightest worldwide average EURUSD.

IC markets have various liquidity mixes up to 50 liquidity providers’ totally different means they are always ready to supply of liquidity for our customers and maintain our tight spreads, especially during times of high volatility like news announcements.

 IC Markets True ECN Account

Account Name: True ECN account
Minimum deposit: 200 USD
Maximum deposit: No restriction
Recommended deposit: 200 USD
Account currency: AUD – Australian Dollar
USD – United States Dollar
EUR – Euro
CAD – Canadian Dollar
GBP – British Pound (Sterling)
SGD – Singapore Dollars
NZD – New Zealand Dollars
JPY – Japanese Yen
CHF – Swiss Franc
HKD – Hong Kong Dollar
Minimum margin for transaction: About 3.31 USD. ( it depends also from the current market price and account leverage)
Commission for 1 million USD of trading volume: The commission is $7 per lot round turn – $3.5 to open and $3.5 to close a 1 lot position.
Execution type: Market execution
Spread type : Floating
As Low Spread on EURUSD: 0 pip
Quotes : 5 digits.
Leverage / Margin requirements : 1:1 – 1:500
Maximum leverage: 1:500
Minimum order volume (lots) : 0.01
Maximum order volume (lots): 200
Maximum number of positions: Up to 200 positions
Minimum step volume: 0.01
Margin Call: 100%
Stop Out: 50%
“Rebates (Cashback)” service: No
Tradable Protection: No
Swap-Free account: Yes (Only for muslim)
One-Click Trading: Yes
Server Location: Equnix NY4 – New York
Trading instruments : Over 60 pairs, Metals, CFD
Account history is stored: Up to 6 years

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