Is ICMarkets a legit broker?

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Is ICMarkets a legit broker? – To know the details about broker legitimacy, you need to understand the broker regulation first. ICMarkets is well known in forex markets and offering its trading services since 2007. Since then, this broker is well known among forex traders for its different trading account facilities and strong regulations.

ICMarkets broker is regulated by Top-Level regulatory authorities. This Broker has been regulated by ASIC and CySEC.

IC Markets Broker is Founded in 2007, Operated by International Capital Markets located in Australia. IC Markets Broker mainly offers its services to two types of clients.
  • Residents in Australia: They can use the www.icmarkets.com/au domain. This domain is regulated by ASIC under the Australian financial services license (AFSL No. 335692) to carry on a financial services business in Australia, limited to the financial services covered by its AFSL. The trading name, IC Markets, used by International Capital Markets Pty Ltd is also used by other entities.
  • Residents Except for Australia: They can use the www.icmarkets.com/sc domain. This domain is regulated by CySES under the Cyprus Securities and Exchange Commission with License Number 362/18, registration number 356877, and with registered office at 141 Omonoias Avenue, The Maritime Centre, Block B, 1st floor, 3045 Limassol, Cyprus.
  • Restricted Regions: IC Markets does not accept applications from residents of the U.S, Canada, Israel, New Zealand, Japan, and the Islamic Republic of Iran. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.