IC Markets is one of the oldest and most reputable foreign exchange trading exchanges on the market. Attracts a large number of investors with attractive trading conditions, advanced platforms, and professional support services. Currently, IC Markets has provided a convenient mobile trading application. Helps investors easily open accounts and perform trading operations anytime, anywhere. In this article, Forex Trading will provide detailed instructions on how to open a Broker IC Markets account on the phone. At the same time, helps traders answer some related questions.
Open a broker IC Markets account on your phone
To start trading on the forex market with broker IC Markets, traders need a trading account. Traders can proceed with registration according to the following detailed instructions.
How to create a broker IC Markets account on the phone?
To start trading with broker IC Markets, traders can proceed to create an account by following these steps.
Step 1: Access IC Markets website: www.icmarkets.com
Access IC Markets’ homepage via the link. To avoid confusion during the information input process, you should choose the English language.
Step 2: Enter registration information
Enter the registration information correctly. Note, that each email can only be used to register once.
To receive the best support during trading at IC Markets, enter referral code “ 16187 ” in the referral code section.
Instructions on how to set up an account after registration
Step 3: Account settings
Select the account type you want to open, and choose Standard or Raw Spread.
Next, you will move to the ” Review ” step, carefully checking the entered information to ensure accuracy. You’ll also need to choose a security question to increase account security. Finally, agree to the registration terms.
Step 4: Confirm via email
Check your email inbox to receive confirmation. Click the link in the email to proceed with setting a password for the account.
Display the interface and fill in the “collect jobs” section
Section: “Collect jobs” I choose as below. You can refer to fill in the information that suits your own situation.
Next, you need to fill in the “Financial information” section
Section: “Financial information” I choose as below. You can refer to fill in the information that suits your own situation.
Finally, the information collection section is Experience and trading knowledge.
To trade with a real account, traders need to complete verification. Detailed steps will be guided in the following content.
Should you prioritize using the IC Markets platform on your phone or computer?
Choosing to use the IC Markets platform on a phone or computer depends on each person’s needs and trading habits. Using the platform on your phone brings convenience. Allows traders to manage accounts and make transactions anytime, anywhere. The IC Markets mobile application is designed with a friendly and easy-to-use interface. Suitable for both new traders and professional traders.
However, if you regularly analyze the markets and execute complex trades, a desktop platform may be a better choice. The desktop interface offers more detailed analysis and charting tools, helping you make accurate trading decisions. Furthermore, the computer’s large screen helps you observe the market more easily.
In short, if you need flexibility and convenience, use the IC Markets mobile platform. On the contrary, if you focus on technical analysis and need a more powerful interface, the desktop platform will be the optimal choice.
See more: Optimize trading with IC Markets Exchange
Some notes when opening a broker IC Markets account
To trade effectively and safely with broker IC Markets, traders need to note the following important points.
Set up security for your broker IC Markets account
Account security is an important factor when trading on broker IC Markets. To keep your account secure, follow these steps to set up security. First, enable two-factor authentication (2FA). This feature will require you to enter a confirmation code sent to your phone every time you log in. From there, it helps traders protect their accounts from unauthorized access.
In addition, traders should regularly change their passwords to ensure safety. At the same time, avoid using easy-to-guess passwords such as date of birth or personal name. Passwords should include special characters and uppercase and lowercase letters to increase security. Furthermore, don’t share your login information with anyone, and always sign out of your account after using it on public devices.
Finally, always update IC Markets software and applications to the latest version. Updates often include security patches that help protect your account from the latest security vulnerabilities.
Instructions on how to verify broker IC Markets account
The process of steps to authenticate accounts on the exchange is as follows.
Step 1: Verify ID Documents
When you have completed submitting the registration information. After answering the questions related to investment, the screen will appear as follows. At this time, you need to select to upload ID documents and address verification documents in turn to verify your identity.
Step 2: Verify address information
Next, you need to upload documents of address information for verification.
Once you have selected the document type, you need to upload both clear sides of the document. IC Markets will review and confirm the information within 24 hours. Once the verification process is successful, you will be able to start trading on the market.
Instructions for performing basic operations on the IC Markets platform
Once you have a trading account on the exchange, traders need to understand the basic operations when trading as follows.
How to deposit and withdraw money on ICMarkets?
Depositing and withdrawing money are basic operations that you will regularly perform when trading on broker IC Markets. To deposit money, first log in to your account and access the “Deposit” section. Here, traders will see a list of methods supported by the exchange. These include bank transfers, credit cards, and e-wallets like Skrill and Neteller.
Choose the appropriate payment method you use. Enter the amount the trader wants to deposit to make the transaction. Usually, funds will be credited to your account immediately or within a few hours, depending on the payment method you choose.
Payment methods allowed on broker IC Markets
Broker IC Markets supports many different payment methods so you can deposit and withdraw money conveniently. Includes the following methods:
- Bank transfer: A popular and safe method. However, transaction processing time may be longer than other methods.
- Credit and Debit Cards: Depositing with a credit or debit card gets the money into your account instantly.
- E-wallets: E-wallets such as Skrill, Neteller, and PayPal are supported. Allows you to deposit and withdraw money quickly.
- Crypto: Several cryptocurrencies such as Bitcoin are also accepted, providing flexibility to users.
Each payment method has its own characteristics. So choose the method that best suits your needs and conditions.
Basic trading methods on broker IC Markets
To perform basic transactions on broker IC Markets. First, traders need to log in to their accounts. Once logged in, select the financial instrument you want to trade from the list of available products such as forex, commodities, indices or cryptocurrencies.
Next, open the order window by clicking the “Open new order” icon. Here, you can choose the order type (market order, limit order, stop order), enter the trading volume, and set prices such as stop loss and take profit to manage risk. After filling in all information, click the “Place order” button to complete the transaction.
Instructions on how to change password/account information on ICMarkets
To change your broker IC Markets account password, follow these steps:
- Log in to your IC Markets account.
- Go to “Settings”.
- Select “Security”.
- Enter the password you are currently using.
- Enter your new password.
- Confirm new password.
- Click “Save changes”.
In addition, traders can change their password in the “Forgot password” section at the login interface.
How to delete the IC Markets account?
If you want to delete your broker IC Markets account, you need to contact IC Markets customer support to request account deletion. Before doing so, ensure that all trading positions have been closed and the account balance has been withdrawn.
Contact customer support via email or live chat and provide your account information along with the reason you want to delete your account. The process takes time to process. Once your account is deleted, you’ll receive a confirmation via email.
Is IC Markets suitable for investors?
To evaluate whether the exchange is suitable for trading or not, traders can refer to some outstanding reasons as follows.
Reasons to choose to use IC Markets
IC Markets is one of the world’s leading forex trading platforms, and there are many reasons why investors choose to use this platform. First, IC Markets offers the most competitive trading fees in the market. With low spreads from 0.0 pip on major currency pairs, helping investors save on transaction costs.
Second, IC Markets uses ECN (Electronic Communication Network) technology, ensuring transparency and quick order matching. With over 50 leading banks and liquidity providers, IC Markets ensures trading orders are executed quickly and at the best prices.
Third, the IC Markets platform supports many types of accounts and financial instruments, suitable for investors from beginners to professionals. You can trade forex, indices, commodities, cryptocurrencies, and many other asset classes, providing diversity and flexible investment opportunities.
Evaluate broker IC Markets based on transaction fees
Transaction fees are an important factor when evaluating broker IC Markets. With low spreads from 0.0 pip and commission fees of only 3 USD per lot for Raw Spread accounts, IC Markets is considered one of the lowest-cost trading platforms. This helps investors optimize profits and minimize transaction costs.
In addition, IC Markets does not apply deposit and withdrawal fees for most payment methods, helping you save costs and easily manage your finances. This is especially important for investors who regularly deposit and withdraw money.
Evaluate the features provided on broker IC Markets
IC Markets provides many superior features to support investors. First, IC Markets’ trading platform is very diverse, including MetaTrader 4, MetaTrader 5, and cTrader, suitable for the needs of many different investors. These platforms offer a variety of technical analysis tools, charts, and indicators, helping you make accurate trading decisions.
In addition, IC Markets provides free VPS (Virtual Private Server) service for investors trading in large volumes, ensuring stable connection and fast order matching speed. This service is especially useful for investors who use trading robots (EAs).
IC Markets also supports multiple languages and has a professional customer support team, always ready to answer your questions and assist you throughout the trading process.
IC Markets offers a variety of accounts to meet a wide range of customers
IC Markets understands that each investor has their own needs and trading strategies. Therefore, they offer a variety of accounts to meet different requirements. The Standard account is a popular choice for new investors, with low spreads and no commissions. The Raw Spread account is suitable for professional investors, with spreads from 0.0 pip and low commission fees, helping to optimize trading costs.
In addition, IC Markets also provides Islamic Accounts. This is an account for Shariah-compliant investors, with no overnight fees. These accounts ensure that every investor can find an account type that suits their trading plan.
Evaluate the disadvantages of broker IC Markets
Although IC Markets has many outstanding advantages, there are also some disadvantages. One of the biggest drawbacks is the lack of support for multiple base currencies for accounts. This may cause difficulties for some investors who want to manage accounts in currencies other than USD, EUR, or AUD.
Additionally, IC Markets does not provide 24/7 direct phone customer service, which may cause inconvenience for investors in different time zones. While they do have chat and email support, the lack of ongoing phone support can slow down the speed at which urgent issues are resolved.
Finally, IC Markets has low trading fees. However, new investors may have difficulty getting used to the platform and complex analytical tools that IC Markets offers. This requires some time to learn and get used to.
Tell you how to increase your income with IC Markets Affiliate
Besides making profits from trading, you can increase your income with the following attractive programs from the exchange.
Instructions for registering to become an IC Markets broker partner
To become an IC Markets partner, you need to sign up for their Affiliate program. First, visit the official IC Markets website and look for the “Partners” or “Affiliate Program” section. Here, you will see the “Sign up now” option. Click and fill out the registration form with your personal and contact details.
After completing the form, submit your registration and wait for approval from IC Markets. The approval process may take several business days. Once approved, you will receive a confirmation email and detailed instructions on how to get started.
When you become a partner, you will be provided with promotional tools and links to share with potential customers. You can earn a commission from each customer you refer, based on their trading volume.
How to receive a commission from broker IC Markets?
Receiving commissions from IC Markets is a simple and transparent process. Once you have signed up and become a partner, you will be provided with a partner dashboard where you can track your performance and commissions. Commissions are calculated based on the trading volume of the customers you refer.
The commission will be updated daily and you can withdraw your commission at any time. Through payment methods that IC Markets supports. These can include bank transfers or e-wallet. To withdraw funds, go to the partner dashboard, and select “Withdrawal”. Then, follow the instructions to complete the operation.
IC Markets provides detailed reports on commissions and trading volumes. Thereby, helping you easily track and manage your income. With IC Markets’ Affiliate program, you can increase your income effectively and sustainably.
Conclude
Broker IC Markets not only stands out with its advanced technology and low trading fees. The exchange also gives investors a comprehensive trading experience with many support features. Although there are still some disadvantages that need to be improved, with outstanding benefits, IC Markets is still a reliable choice for both new and professional investors. Let’s try IC Markets with Forex Trading to clearly see the difference and optimize your trading strategy today.
FAQs:
Does IC Markets support deposits and withdrawals via e-wallet?
Yes, IC Markets supports many payment methods. Including e-wallets such as Skrill, Neteller, and PayPal, helping you deposit and withdraw money quickly and conveniently.
Is Broker IC Markets suitable for beginners in forex trading?
Yes, IC Markets offers a variety of account types, support tools, and educational materials suitable for beginners. Thereby helping traders easily get acquainted and trade effectively.
What are the transaction fees on broker IC Markets?
The platform has competitive trading fees with spreads from 0.0 pip and low commission fees. Especially on Raw Spread accounts, helping investors save costs and optimize profits.
