United States of America
A Rebate Service Working since 2009
IC Markets
Up to $3.2 per lot
Partner ID: 45231
IC Markets is an Australian broker founded in 2007. Regulated by ASIC, this broker enables segregated client accounts protected by the National Bank of Australia. IC Markets is famous for its spreads starting from 0.0 pips, as well as for instant order execution through Equinix NY4 and LD5, and liquidity providers. This broker is highly recommended by professional traders who prefer exotic investment methods, such as ZuluTrade, and MyFxBook, as well as exotic tools (market depth analysis, closing trades by templates, etc).

News IC Markets

ic-markets-zolotaya-nedelya-yaponii-image

WARNING: Potentially hazardous market conditions – Japanese golden week

Dear Trader,

WARNING: Potentially hazardous market conditions – Japanese golden week

Japan has an extended spring vacation, ‘Golden Week’, from 27th April to 6th May. This will be the longest market closure since the end of World War II, creating potentially hazardous market conditions due to the low liquidity expected across all markets during Asian hours.

Low liquidity, especially during Asian hours, can create extreme market movements aka ‘flash crashes’. Recent examples of these include:

  • 3rd January 2019 – JPY crosses +10%
  • 7th October 2016 – GBP crosses -10%

IC Markets urges all its clients to take precautionary measures before the holidays. This includes assessing and reducing risk exposures, setting stop levels, especially on JPY crosses. Furthermore, additional funding may protect clients from large adverse movements in the market.

Kind regards,
IC Markets