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IC Markets -

Score

1.46 /10
Danger

IC Markets

Seychelles

2-5 years

Suspicious Regulatory License

High potential risk

https://www.icmarketsaz.com

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Comparison

Quantity 6

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.65

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

IB of International Capital Markets Pty Ltd

Company Abbreviation

IC Markets

Platform registered country and region

Seychelles

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2024-11-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The AustraliaASIC regulation (license number: 335692) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Exposure

6 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Unable to withdraw

Delete all my account from backstage and deny withdrawal on the ground of investigation. It has been more than 10 dyas

2023-03-28 15:56
Scam

IC MARKETS SCAM

Hi everyone, I strongly believe that IC Markets is carrying out a combination of price manipulation/Leverage sudden changes/Swaps increases in order to liquidated your account by what ever means necessary. On the 9th of March; couple of hours before my account was turned to zero; I had multiple hedged trades and my marign level was in excess of 650%, and I wake up couple of hours after (I didn't have a full night sleep and woke up after maximum of 2 hours); I see my account has gone from.

2021-09-21 20:02
Resolved

Withdrawal that applied from IC does not arrive and the customer service from official website does not address it.

IC trading account 20002268. Withdraw on 28th from last month. It has been half a month and it still does not arrive. The customer service from website does not address and no response from email.

2022-04-12 10:07
Scam

The platform shows that the spread is 13 pips, and the actual spread is nearly 100 pips

The spread of the platform is obviously widened, which is similar to robbery. The spread of 13 pips has become nearly 100 pips, which is not the time for the non-agricultural announcement.

2023-04-08 10:42
Resolved

Icmarkets can't withdraw money

Icmarkets can't withdraw money. I have withdrawn 1000usd half a year ago. I can't withdraw it. It returns to my mt5 account.

2022-10-22 23:06
Resolved

Ic markets is unable to wtihdraw

Ic markets is unable to wtihdraw. Trade after deposit and try to withdraw after I double my capital, but it cannot arrive for a long time. Ic markets is unable to wtihdraw. Trade after deposit and try to withdraw after I double my capital, but it cannot arrive for a long time. Ic markets is unable to wtihdraw. Trade after deposit and try to withdraw after I double my capital, but it cannot arrive for a long time. Ic markets is unable to wtihdraw. Trade after deposit and try to withdraw after I double my capital, but it cannot arrive for a long time.

2022-04-06 17:16
IC Markets · Company summary

Note: IC Markets is to operate via the website - https://www.icmarketsaz.com/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

IC Markets, a trading name of IB of International Capital Markets Pty Ltd, is allegedly a financial service company registered in Seychelles.

As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, trading platforms, minimum deposit, etc.

As for regulation, it has been verified that Australia Securities & Investment Commission (ASIC) license held by IC Markets is a suspicious clone. That is why its regulatory status on WikiFX is listed as “Suspected Fake Clone” and receives a relatively low score of 1.34/10. Please be aware of the risk.

General Information & Regulation
General Information & Regulation

Customer Support

Unluckily, we didn‘t find any useful information about IC Markets’ customer support on the Internet. Generally, regulated brokers will reveal their telephone numbers, email or company address to let their clients get in touch with them.

Pros & Cons

Pros Cons
N/A • Suspicious clone
• Website inaccessible

Frequently Asked Questions (FAQs)

Q 1: Is IC Markets regulated？
A 1: No. It has been verified that IC Markets currently has no valid regulation.
Q 2: Is IC Markets a good broker for beginners？
A 2: No. IC Markets is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website.

News

NewsSilver Price Analysis: XAG/USD crosses support-turned-resistance above $23.00

Silver (XAG/USD) takes the bids to renew daily high around $23.25 during Thursdays Asian session.

WikiFX
2022-05-05 09:44
Silver Price Analysis: XAG/USD crosses support-turned-resistance above $23.00
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User Reviews

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User comment

2

Comments

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潜龙勿用20773
more than one year
I had a run-in with them, and let me tell you, it wasn't pretty. They tried to lure me in with promises of big profits and low fees, but I saw through their BS and refused to hand over my hard-earned cash. Bottom line: stay away from IC Markets if you value your money. They are so gonna steal your money.
I had a run-in with them, and let me tell you, it wasn't pretty. They tried to lure me in with promises of big profits and low fees, but I saw through their BS and refused to hand over my hard-earned cash. Bottom line: stay away from IC Markets if you value your money. They are so gonna steal your money.
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2023-03-29 10:24
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FX1090816355
more than one year
Total scam, same as most, most of what I've read on here is exactly what has happened to me. I lost 2,000 dollars and they have no contact details. I will be informing & reporting this as fraud to the police as this is blatant fraud.
Total scam, same as most, most of what I've read on here is exactly what has happened to me. I lost 2,000 dollars and they have no contact details. I will be informing & reporting this as fraud to the police as this is blatant fraud.
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2022-12-06 17:49
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