IC Markets is not scam
The reason: IC Markets is considered reliable as it has multiple top-tier regulation globally, such as the Australian ASIC.
See below the full list of regulators (country of clients - regulatory body):
- EEA clients, excluding Belgium, Switzerland, Latvia - Cyprus Securities and Exchange Commission (CySEC)
- All clients, except Australians - Seychelles Financial Supervisory Authority (FSA)
- Australia - Australian Securities and Investments Commission (ASIC)
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Is IC Markets scam?
Other factors ensuring that IC Markets is not a scam
See whether IC Markets clients are entitled to investor protection in the event that IC Markets goes bankrupt:
| IC Markets investor protection | |
|---|---|
| Investor protection amount: | €20,000 protection for customers under CySEC, no protection for others |
There are other factors you can check to make sure IC Markets is not a scam. Having been on the market for a long time or being listed on an exchange are all signs that the broker is reliable. Check these factors below.
| 🌎 Country of origin | Australia |
| 📅 Foundation date | 2,007 |
| 🏛 Banking background | No |
| 📈 Listed on exchange | No |
| 🗺️ Broker ownership is transparent | No |
| 👔 Broker management is transparent | No |
| 🔒 Negative balance protection is provided | Yes |
| 📋 Read more | Check out the IC Markets review for 2023 |
Is IC Markets scam?
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