I've been using IC Markets for very long time with my 1st account and i never had any problem. Also the support is very reliable and they fix any issue quite fast.
Hello Team, Im based in Europe and the leverage here is 1:30. How do overcome this situation? Are there brokers for Europe with leverage 1:500. How to do it on IC Markets?
Hello Team, Im based in Europe and the leverage here is 1:30. How do overcome this situation? Are there brokers for Europe with leverage 1:500. How to do it on IC Markets?
Been trading with IC Markets as a European for several years already, and no issues to report so far. Did not need to do withdrawal yet , but it looks like they have a possibility to fund/withdraw via SEPA with an IBAN account number in the UK, so it should be free.
Started off with their Australian operation when they still offered 1:500 leverage at the time. They were forced by ASIC to lower the leverage to those low levels similar to the EU, and decided to move their clients (at least the ones that wanted to keep their 1:500 leverage) to their Sychelles operation, still under the ICMarkets name but actually called "Raw Trading".
If you want 1:500 leverage now you can still sign up to their Sychelles operation and get it there, but it is considered "Offshore" and only regulated there, as per their communication and their website:
Raw Trading Ltd is regulated by the Seychelles Financial Services Authority (FSA) with Securities Dealer’s license number SD018
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