Recommended Forex Broker

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Choosing a good forex broker is extremely important for successful forex trading. Forex traders who start trading with average brokers are doomed to lose from the beginning. Average brokers offer bad conditions such as high spread, slippage and they have other bad practices.

We at Automated Forex Tools are aware of how important it is for our users to start trading with a good broker who is reliable and offers good trading conditions. After long research and many tests of various forex brokerage companies, we officially recommend IC Markets to our users.

IC Markets THE BEST Forex Broker that we recommend

Best Forex Broker

IC Markets is not only one of the largest brokerage companies, but also one of the most popular. The conditions they offer are some of the best on the forex market. IC Markets is the one of the top choices for automated trading. They offer the lowest spreads starting from 0.0 pips and fastest order execution. Two of the most important conditions for automated trading.

IC Markets offer everything one trader needs: trading on Forex Market, Commodities, Stocks, Indices, Bonds, Digital Currencies. They provide MetaTrader 4/5 and cTrader trading platforms compatible with almost all operating systems including mobile OS such as Android and iOS.

IC Markets have a variety of payment options for adding and withdrawing funds from trading accounts.You will be able to quickly and easily fund or withdraw from your accounts.

Why Choose IC Markets

Customers should consider IC Markets for several compelling reasons:

Trustworthy Regulation
IC Markets is regulated by esteemed financial authorities such as ASIC and the FSA. This ensures adherence to strict guidelines, maintenance of segregated client accounts, and compliance with industry best practices. Traders can trade with confidence, knowing their funds are secure and they are dealing with a reputable broker.
Competitive Trading Conditions
IC Markets offers highly competitive trading conditions with tight spreads and low commissions, allowing traders to maximize profits and minimize costs. Access to deep liquidity ensures fast execution and minimal slippage, enhancing the overall trading experience.
Wide Range of Tradable Instruments
With IC Markets, traders can access a diverse array of instruments, including forex, commodities, indices, stocks, and cryptocurrencies. This variety enables portfolio diversification and the opportunity to capitalize on different market movements.
Advanced Trading Platforms
IC Markets supports the renowned MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, celebrated for their robust features, user-friendly interface, and extensive charting tools. These platforms offer comprehensive technical analysis tools, automated trading capabilities, and customizable features for effective strategy execution.
Fast and Reliable Execution:
Utilizing cutting-edge technology and infrastructure, IC Markets ensures fast and reliable order execution. Multiple liquidity providers offer deep liquidity and minimal latency, allowing traders to enter and exit trades quickly and efficiently.
Educational Resources and Support
IC Markets offers a wealth of educational resources, including tutorials, webinars, trading guides, and video tutorials, catering to both beginners and advanced traders. Multilingual customer support is available 24/7, providing prompt assistance whenever needed.
Transparent and Secure Operations
Known for transparency, IC Markets provides true ECN (Electronic Communication Network) trading, directly matching orders with liquidity providers for transparent pricing and minimal conflict of interest. Client funds are held in segregated accounts with reputable banks, ensuring additional security.
Multiple Account Types
IC Markets offers various account types to suit different trading preferences and needs. Whether traders prefer commission-based pricing with Raw Spread accounts or built-in spreads with Standard accounts, IC Markets provides flexibility to match individual trading strategies.

Advantages of using IC Markets

Trading with a reliable forex company is one of the most critical decisions you will make in the forex currency trading market. The broker you choose can significantly impact your trading success, providing the support and tools you need to navigate the complexities of the market. When it comes to reliability, IC Markets stands out as a premier choice for traders around the world. Here are some of the key advantages of using IC Markets:

Trustworthy Regulation

Fast and Reliable Execution

Multiple Account Types

Low Spreads

24 / 7 live Support

Transparent and Secure Operations

Funding: Credit/Debit Cards, PayPal, Netteler

Funding: Skrill, Wire Transfer, RapidDay, Klarna

Easy Withdrawal

Mobile Trading Apps

We recommend Raw Spread Account

IC Markets Raw Spread account offers some of the lowest possible spreads available. The average EUR/USD spread is 0.1 pips, with only a small commission of $3.50 per lot payable per side. With aggregated source of pricing from up to 25 institutional grade sources, IC Trading Raw Spread account was built for day traders, scalpers and expert advisors. IC Markets MetaTrader 4 and 5 servers are located in the Equinix NY4 data center in New York, bringing you closer to IC Markets bridge eliminating any unnecessary latency. IC Trading MetaTrader 4, MetaTrader 5 and cTrader platforms are the preferred choice for active day traders and scalpers globally.

Compare IC Markets account features

Account
cTrader
 POPULAR
Account
Raw Spread
Account
Standard
Trading Platform
cTrader, TradingView
MetaTrader
MetaTrader
Commission (per lot)
$3
($6.0 per USD 100k round turn)
$3.5
($7.0 per lot roundturn)
$0.0
Spreads from (pips)
0.0
0.0
0.6
Starting Deposit (USD)
$200
$200
$200
Leverage
1:500(1:30 EU)
1:500(1:30 EU)
1:500(1:30 EU)
Maximum number of position orders per account
2000
200
200
Server Location
London
New York
New York
Micro Lot Trading (0.01)
Currency Pairs
61
61
61
Index CFD Trading
Stop Out Level
50%
50%
50%
One Click Trading
Trading Styles Allowed
All
All
All
Order Distance Restriction
None
None
None
Suitable For
Day Traders & Scalpers
EAs & Scalpers
Discretionary Traders
Try free demo Try free demo Try free demo

If for some reason you are not sure which account to choose you can always contact us and we will be happy to assist you!

Special bonus for Automated forex tools users

Every user who opens a trading account in IC Markets through our partner link (button below) receives a gift from us. The gift is a free product or an additional license. After opening a trading account in IC Markets through our partner link, don't forget to claim your gift!