IC Markets Overview
IC Markets is a forex and CFD broker established in 2007. The company is headquartered in Sydney and offers comprehensive trading services with CMA approval for Kenyan clients.
What sets IC Markets apart is its commitment to providing accessible forex trading services with low minimum deposits across 3 trading platforms. .
For Kenyan traders specifically, IC Markets provides various payment methods suitable for international clients. The broker also offers swap-free Islamic accounts for traders following Shariah principles.
IC Markets Regulation & Safety
Regulatory Licenses
Regulatory information not available
IC Markets Safety Features
- Segregated client funds
- SSL encryption
- Negative balance protection
- CMA Regulated for Kenya
IC Markets Pros & Cons
Advantages
- Low spreads and competitive pricing
- Access to multiple trading platforms including MetaTrader 4 and 5
- Regulated by multiple authorities including ASIC and CySEC
- High leverage options available for traders
- Wide range of available trading instruments including forex, commodities, and indices
Disadvantages
- Limited educational resources for beginners
- No significant bonuses or promotions
- Customer support may not be available 24/7
- Withdrawal fees may apply depending on the method
IC Markets Final Verdict
IC Markets stands out as an excellent choice for Kenyan traders, particularly those who are new to forex trading. The combination of trading features, low minimum deposits, and comprehensive trading features makes it an ideal choice for the Kenyan market.