At IC Markets, the commission is only charged with the Raw Spread Account.

Trading Commission: It is the commission charged while executing trade orders.

The Raw spread account involves a very low spread but also incurs a fixed commission on each trade. The Standard account at IC Markets has only spread as trading fees. Clients in Kenya are not registered under the ASIC regulation. The ASIC license increases safety ratings of IC Markets as it is a top-tier regulatory authority in the jurisdiction of Australia. Its ASIC license has been registered with ABN number 12 123 289 109 and license number 335692 with as the commencement date. IC Markets is regulated by the Australian Securities and Exchange Commission (ASIC) as International Capital Markets Pty Ltd.

International Capital Markets Pty Ltd – ASIC.

IC Markets (EU) Ltd has its registered address at 141 Omonoias Avenue, The Maritime Centre, Block B, 1st floor, 3045 Limassol, Cyprus. IC Markets holds the CySEC license by the name IC Markets (EU) Ltd under license number 362/18 and company number HE 356877. This insurance is provided by IC Markets and can be claimed in case of insolvency of a dispute with the broker.

The clients registered under FSA regulation at IC Markets are protected by an insurance coverage of up to $1,000,000 per client. Kenyan clients at IC Market are registered under FSA regulation with Raw Trading Ltd. The FSA license is held under registration number 8419879-2 and license number SD018. Raw Trading Ltd is regulated by the Financial Services Authority of Seychelles. IC Markets is not regulated by the Capital Markets Authority (CMA) in Kenya.įollowing are the details of regulated entities of IC Markets: IC Markets is not listed on any stock exchangeīefore choosing a broker to trade CFDs, it is of utmost importance to check the regulatory license and regimes that govern the broker.IC Markets is not regulated by CMA of Kenya.

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