IC Markets achieved a record-breaking monthly trading result of $21.0 billion. This was driven by high trading volumes reflecting volatility in the market and the Company’s expansion in new products and geographies.
IC Markets experienced an increase in trading volume throughout November, with the exception of October.
According to IC Markets, its record month comes from its product diversification, growth into new markets, an increased client retention rate and optimum trading conditions which led to clients taking advantage of high volatility in the markets.
Last year was the first time in history that the market capitalization of the world’s publicly traded companies reached $100 trillion. But that figure is expected to rise this year, as reported by IC Markets.
The trading volumes for November surpassed those seen in March. IC Markets Chief Executive Andrew Budzinski said, “I am pleased to be welcoming more traders into ic- markets suite of products and services, which are tailored to provide the optimum trade conditions for any given market.
IC Markets requires a minimum deposit of $200. The minimum is low compared to other CFD brokers because many others require a minimum deposit.
IC Markets accounts are easy to open. In fact, you can complete your entire application digitally from anywhere in the world in less than 30 minutes!
The 5 Steps of IC Markets Account Opening: Provide contact information (your email address), your birth date, mailing address and your trading account type. Choose your preferred trading accounts. Enter our online survey to tell us how you trade, and provide feedback to improve our trading platform.
Get a free, online portfolio tracking service that allows you to create your own virtual portfolio and track prices, trades, dividends and measure
At IC Markets, we have ten base currencies that we support for trading against one another. This is important to note as it gives users the flexibility to trade between those base currencies on the platform and provides the ability to track price movements.
There are a number of reasons why you would use cryptocurrencies over traditional currency. The biggest reason is security. Unlike traditional currency, cryptocurrencies are immune to economic instability because they have no backing from governments or other third parties.
When shopping online, opening an account with a digital bank can save you money in foreign exchange fees. That’s because they often offer accounts in more than one currency, as well as free or cheap international wire transfers.
Opening an account only takes a few minutes on your phone. You’ll probably be able to get up to date prices within seconds of starting to search.
Banks are a growing business, but their customer numbers are dwindling. The number of transactions are down, and the number of customers who are active are on the decline. This is because people are using digital banking methods like online banking.
IC Markets is a great forex broker with low forex fees and easy to open an account. Deposits and withdrawals are free of charge. The process is also user friendly.
The education section is fantastic on this website. But it does not include CFDs, and it is lacking in some areas. Live chat support is average at best, and non-EU clients are not covered by any investor protection scheme.
IC Markets is a trading account that offers a 24/5 live trading experience. It offers competitive spreads and low fees, with a flat inactivity fee. There is also no minimum balance required and the platform is fully mobile.
Foreign exchange (forex) is the process of buying and selling currencies based on changes in the value of those currencies in relation to one another.
The best Forex brokers in the world offer a combination of safe trading environment, competitive pricing, high-tech trading tools, and fast and reliable trade order execution. When you compare the top Forex brokers to one another, it’s often difficult to sort through the long list of brokers and pick out the right one. We took care of the hard part and whittled down to a list of the top Forex brokers for a variety of focuses and specialties.
The largest online broker in the UK by customer numbers. The company offers an online stock exchange, a trading platform, and an online futures trading platform. It is regulated by the FSA and the CySec. It is also the biggest CFD provider.
You can only speculate as to what may happen with Bitcoin in the future. While it might be considered a currency like others, Bitcoin is certainly not regulated by any government and is prone to wild swings in value. This means that you should only invest a small amount of your cash or other assets at one time.
Forex brokers offer a variety of services and tools to traders in order to help them succeed at the market. Here is a short list of some of the most important things to consider when choosing a broker for your trading.
Low-fee brokers help you keep more of your profits for yourself. This means that you’ll get to keep more of your money for yourself, and you won’t have to pay a middle man to make trades. The platform and tools are great, too!
Brokerage and Forex platforms include a desktop, mobile, and web-based option to manage your account, research and track positions, and enter trades.
While brokers and other financial companies provide a wide variety of services, it can be hard to find one that offers what you need. The best solutions will have more than just one or two tools at their disposal, making them a true leader.