As of 2023 this broker does not seem to be active anymore, so this review is a historic review of what it was and we shall provide alternatives.
Main Highlights
One of the main highlights of ICG Markets is its user-friendly trading platform. With a clean and intuitive design, the platform offers easy navigation and a range of advanced trading tools. It enables traders to execute trades quickly and efficiently.
Another standout feature is ICG Markets’ wide range of tradable assets. The broker offers a diverse selection of financial instruments including stocks, currencies, commodities, and indices. This allows traders to explore various markets and diversify their portfolios.
ICG Markets also stands out in terms of customer support. The broker provides 24/7 assistance to clients through live chat, email, and telephone. Their support team is known for being knowledgeable, responsive, and dedicated to helping traders with any queries or issues.
Comparison with Top Competitors
To better understand how ICG Markets compares to its competitors, a table comparing it to three top competitors is shown below:
Top Recommended Platforms
Cryptocurrency assets are volatile in nature. Buy and trade at your own risk.
73% of retail investor accounts lose money trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Trading with financial instruments carries high level of risks that is not suitable for all investors. Before making any investment decisions, you should seek advice from independent financial advisor to ensure you understand the risks involved.
Trading with financial instruments carries high level of risks that is not suitable for all investors. Before making any investment decisions, you should seek advice from independent financial advisor to ensure you understand the risks involved.
| Broker | ICG Markets | Competitor 1 | Competitor 2 |
| User Friendly | + | + | – |
| Asset Range | + | + | + |
| Customer Support | + | – | + |
| Trading Tools | + | – | + |
| Fees | Moderate | High | Low |
| Reliability | + | + | + |
Summary of ICG Markets Review
Below is a summary table of the most important features discussed in the review:
| Feature | Rating (out of 5) |
| user Friendly | 4.5 |
| Asset Range | 4 |
| Customer Support | 4.5 |
| Trading Tools | 4 |
| Fees | 3.5 |
| Reliability | 4.5 |
Fees and Pricing Structure
ICG Markets offers different types of accounts, each with its own fee structure. The fees and pricing structure for three common types of accounts are as follows:
1. Basic Account:
– No deposit fees
– $5 commission per trade
– 0.1% spread
2. Pro Account:
– $100 minimum deposit
– No deposit fees
– $3 commission per trade
– 0.07% spread
3. VIP Account:
– $10,000 minimum deposit
– No deposit fees
– $1 commission per trade
– 0.05% spread
Safety Features
ICG Markets prioritizes the safety and security of its clients’ funds. The broker ensures the protection of client funds through the following safety features:
1. Segregated Accounts: Client funds are held in separate accounts from the broker’s operational funds. This segregation reduces the risk of misappropriation or misuse of funds.
2. SSL Encryption: ICG Markets utilizes SSL encryption for secure data transmission. This encryption technology safeguards sensitive information such as personal and financial details.
3. Regulatory Compliance: ICG Markets is regulated by [insert regulatory body name], which ensures adherence to strict financial standards and rules. This regulatory oversight provides additional safety and protection for traders.
FAQs
1. Q: How can I open an account with ICG Markets?
A: To open an account, simply visit the ICG Markets website and click on the “Sign Up” button. Follow the on-screen instructions and provide the necessary information to complete the registration process.
2. Q: What trading platforms does ICG Markets offer?
A: ICG Markets offers a proprietary trading platform available for both desktop and mobile devices. The platform offers advanced trading tools, real-time market data, and a user-friendly interface.
3. Q: Are there any hidden fees?
A: No, ICG Markets is transparent about its fees. All relevant fees, including commissions and spreads, are clearly disclosed on their website and trading platform.
Conclusion
Overall, ICG Markets is a reputable broker with several notable features. Its user-friendly trading platform, wide range of tradable assets, and excellent customer support make it a popular choice among traders. While the fees and pricing structure may not be the most competitive, the broker compensates with reliability and safety measures. Overall, ICG Markets is worth considering for traders looking for a reliable and user-friendly trading experience.
