Tuesday, August 9, 2022
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What is an IC Markets account?

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To understand which tariff plan of the company suits you best, you should decide on the basic strategy on the stock exchange: active trader or passive investor. If you do not plan to make transactions permanently and will be 1–2 times a month for small sums to replenish the assets of your investor’s portfolio, then for you, first of all, it is not the commission for the transaction and the payment of the depository. For an active trader, who deals on the stock market daily, it is important the size of the commission for one transaction. In this case, you need to choose a tariff with a minimum commission per transaction. The monthly payment of the depositary in this situation does not matter much.

IC Markets offers good conditions for opening an account. It operates under financial services licenses and securities and investment commissions. The latter is an independent governmental body that monitors the transparency and fairness of transactions in international currency markets. Customers’ money is held in accounts included in the top banks of Australia, and traders are insured against damage by a reputable company.

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To create an IC Markets account, go to the official website and enter the personal information that the company will require. Also be prepared to answer questions regarding the desired dealing platform, account type, and currency. After that, registration is confirmed via email. Verification is required for dealing on the site. This is the standard requirement of all reliable companies. The procedure does not take long. Simply send scanned copies of the passport on the first page and the page with the registration or other documents confirming the identity and registration. According to the feedback of traders, usually, the check is performed within 24 hours.

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Company IC Markets does not hold a commission when entering or withdrawing assets. It is best to transfer funds to electronic wallets, as feedback often complains about the write-off of commission fees for international banking organizations. The VPS server ensures the smooth operation of the advisors even when there is a sudden power or Internet outage. The PAMM tool allows you to trade on the Forex market with minimal participation and receive a passive income. For stable earnings, it is necessary only to find a successful trader. It is also necessary to understand that the company is not suitable for residents from the USA. In general, a company is recommended to all — discretionary and day traders, advocates of automated strategies, as well as advanced traders and institutional investors who are interested in access to exclusive dealing terms, such as executing warrants with extreme speed. Users can take maximum advantage of price movements and quickly execute orders.

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