Icmarkets Discount Code February 2020
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IC Markets offers its customers state-of-the-art trading platforms, low-latency connectivity and superior liquidity. IC Markets is revolutionizing online forex trading. Online traders now have access to prices and liquidity that were previously only available to investment banks and wealthy individuals.
What is the difference between a standard and a true ECN account?
IC Markets has two MetaTrader 4 account types, one standard account and our market leading True ECN account. IC Markets does not charge commission on standard accounts but calculates the spread 1 pip above the interbank rate we received from our liquidity providers. IC Markets True ECN Account displays the raw interbank spread received from our liquidity providers. This account will charge a commission of $ 7 per standard lot in the round.
What is forex?
Forex or the "Forex Market" is the largest financial market in the world with an average daily turnover of approximately $ 3 trillion. Forex trading is the simultaneous purchase of one currency and the sale of another. The price of currencies is variable and depends on supply and demand. Forex is always traded in pairs, for example EUR / USD or AUD / USD.