Minimum Deposit: $200
Regulations: CySEC, ASIC, Offshore
With low fees and high leverage available, IC Markets is a well-established broker catering to traders dealing in various instruments and is a highly popular choice for forex traders in particular.
Users have access to a choice of three trading platforms in MT4, MT5 and cTrader. The broker also works with Myfxbook and ZuluTrade to facilitate copy trading strategies.
Although they vary between account type and platform used, IC Markets’ spreads are highly competitive. Its Raw Spread account offers some of the best available and with relatively low commissions, making it an ideal choice for day traders.
Account holders have access to many video tutorials and webinars, and the IC Markets Trading Knowledge center provides information on everything from market conditions to fundamental and technical analysis.