Review Time
I reached out to IC Markets to confirm the optimal setup for my algorithmic, high-frequency US Stock CFD day trading strategy. The agent, Nelly, was extremely helpful and clarified all my complex questions regarding cost minimization.Key confirmations for active traders:USD Base Account: Confirmed that I can deposit USD via card/e-wallet directly into a USD account with zero FX conversion fees from IC Markets' side.Low Cost Trading: The Raw Spread account offers minimal fees (low commission) and no additional mark-up on the raw market spread, making it ideal for highly liquid US stocks.Zero Swap Fee: Confirmed that for intraday positions (opened and closed on the same day), no overnight financing/swap fees apply.Excellent service and highly recommended for cost-sensitive day traders.
ICM rep Emily was very helpful and patient in clarifying to me info about crypto spreads, commission and account types. She has also provided screenshot of live BTCUSD spreads when asked. So, overall experience was very nice and proffessional. Thank you.
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IC Markets is a CySEC-regulated CFD provider, delivering trading solutions for active day traders and scalpers as well as traders who are new to the trading of CFDs. IC Markets offers its clients cutting-edge trading platforms, low latency connectivity and superior liquidity. IC Markets is revolutionising online forex trading, online traders are now able to gain access to pricing and liquidity of the market.See more
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