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IC Markets

Best for: Those who value easy account opening and free deposits and withdrawals

IC Markets is an Australian-based CFD and forex broker. Its features include:

  • Low forex fees
  • £200 minimum deposit
  • No inactivity fees
  • Research and educational material
  • Regulated by top-tier authorities worldwide but not the FCA
  • Uses MetaTrader 5 for CFD stocks

The downside of IC Markets is that it has less than 1,000 stock options, the platform is poorly designed and there are high financing rates. It is not registered on the stock exchange, and its financial information is not available to the public.

This is a good broker, but better suited to forex traders.

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CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.

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All contents on this site is for informational purposes only from third party sites and does not constitute financial advice. References to products, offers, and rates from third party sites often change. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. The company will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, video’s, eBooks.

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Trading in financial instruments may not be suitable for all investors, and is only intended for people over 18.

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