Forex Broker IC Markets rebates - 0.2 pips

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INTERVIEW WITH IC MARKETS REPRESENTATIVE

June 25, 2012

Name: Angus Walker
Job title: Head of Trading at IC Markets

1. What makes your broker different from the others?

IC Markets is one of the few Forex brokers in the world to offer retail clients a True ECN forex offering on the Metatrader 4 platform. The platform gives day traders and scalpers and edge with no stop-loss or take-profit order limits, full-markets depth and spreads from 0 pips the lowest spreads offered by any Australian based broker and arguably the lowest spreads of any broker globally.
IC Markets is one of the fastest growing forex brokers in the Asia Pacific region and now also one of the largest.

2. What Security of Funds do you offer your clients?

IC Markets only works with only top tier “AA” rated Australian banks. Our banking partners include ANZ Westpac Banking Corporation and National Australia Bank. All client accounts are fully segregated from the company’s funds. All bank accounts are monitored and reviewed by external and internal auditors. Additionally, IC Markets employs stringent risk management policies to ensure your account balance does not enter a deficit balance.

3. What customer support do you offer? How and when can your clients reach you?

IC Markets prides itself on its customer service offering full multilingual support in over 16 different languages 24 hours a day for 5 days a week. Clients are able to contact us by email, live chat or phone on any one of our toll free numbers or visit our head office in Sydney.

4. What educational resources do you have available? (videos, webinars, articles, etc)

IC Markets offers a number of different educational resources including webinars, eBooks, and videos to help newcomers gain a better understanding of the forex market. Each client will be assigned a personal account manager who they will have direct access to.

5. What trading platforms do you offer?

IC Markets offers the MetaTrader 4 platform adapted for active traders and scalpers with any inbuilt one-click module and full-market depth. The platform is offered on via a web-based terminal, Android, iPhone, iPad, PDA and Windows phone.

6. What are some competitive trading conditions, which you offer?

We offer the most competitive trading conditions in the market some of the key benefits of trading on IC Markets True ECN Metatrader 4 platform are:
• Spreads from Zero pips on all of the majors;
• Minimum account opening amount of USD $200;
• Commission rate of $3.50 per lot traded;
• Access to advanced order types including “OCO” orders;
• Severs in the NY4 data center for low-latency trading;
• One-click trading with no re-quotes for fast order execution;
• Leverage of up to 500:1;
• Access to interbank liquidity from over 36 different banks;
• Full market-depth.
IC Markets has set a new benchmark for ECN Trading globally.

7. Do you have any restrictions on scalping, hedging, etc.?

No, we welcome day-traders, scalpers those hedging positions. We have not limits on stop-loss or take-profit order distance as such orders can be placed between the spread.

8. Do you offer automated trading or automated trading service?

We allow our clients to use Expert Advisors (EAs).

9. What future plans do you have for the next 1 year?

We will continue to innovate our offering to meet customer demands. We plan on adding more products to our MetaTrader 4 in addition to offering alternative trading platforms to our customers.

10. How do you think the Forex industry changed in the last 2 years?

Given the volatility in currency markets over the last two years we have seen retail participation increase dramatically, this has been especially apparent in the Australia where the Australian dollar has remained above parity for some time now. Being able to trade margin foreign exchange contracts has allowed retail traders to diversify their investment portfolio and minimize currency risk through hedging.