IC Markets is one of the best and biggest brokers in the Australian region , but also serves traders from all over the world. The shelter company, International Capital Markets Pty Ltd, has been licensed by ASIC Australia's regulators.
IC Markets as an ECN broker has many pluses. For example, the speed of order execution is arguably very high, which is under 40 milliseconds and the execution interval is only 0.5 milliseconds. IC Markets automatic trading system using an order matching machine in the NY4 Equinix New York data center. The server processes more than 500 thousand transactions every day. ECN brokers are also more transparent because it is connected with interbank as a liquidity provider.
IC Markets has 25 sources of liquidity providers. So it can be concluded that IC Markets is a transparent and bona fide broker. IC Markets offers low spreads. For True ECN and cTrader accounts, The broker sets spreads starting from 0.0 pip. Deposits for three types of accounts classified as very low at $200. Easy withdrawal with various payment method options.