IC Markets review
IC Markets are considered to be one of our best crypto brokers as they are regulated and provide traders with an innovative crypto trading environment. The broker has a vast amount of liquidity from over 50+ liquidity providers which helps to ensure reliable trade execution speeds. There is a choice of intuitive and powerful trading platforms along with standalone trading tools, educational resources, various account types and flexible funding options.
IC Markets have a cryptocurrency CFD product that allows traders to go long or short without needing to actually own the underlying cryptocurrency. This means traders can speculate on the changing price of cryptocurrencies without being concerned about the security risks involved with storing them and the potential counterparty risk from the exchange. This is similar to trading futures such as gold, where you can speculate on the price movements of gold without needing to physically own gold bars that you would need to store securely.
The available cryptos include Bitcoin, Ethereum, Dash, Litecoin, Ripple, EOS, Emercoin, NameCoin, PeerCoin. You can read our full IC Markets Review to find out more about the cryptocurrency brokerage services that they offer.
Pros | Cons |
Various cryptocurrencies including Bitcoin, Ethereum, Dash, EOS & Ripple | No US clients |
50+ liquidity providers (LPs) | No fixed spread accounts |
User-friendly crypto trading platforms | Min $200 deposit |
Regulated brokerage firm | |
Educational resources & trading tools |