Trading cost - Forex Broker Testimonials
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Trading costs are very important for me as a trader. This is what concerns me
1. Does ic markets charge trading costs? If yes then how much?
2. How much does the withdrawal and deposit fee costs? I use bank transfer.
3. Does IC Markets has Islamic account or swap-free accounts?
Why does IC Markets' minimum initial deposit be $200? I agree that this amount isn't too expensive but most brokers with similar specifications only charged $100 minimum deposits. Is this have something to do with the regulations? Also, does IC Market charge deposit fees and withdrawal fees as well? If yes then how much? This might seems to be a trivial matter but for me, it helps me reduce trading costs.
I think I have a fair share of experiencing loss because of the overnight fee. This is a daily problem for long-term traders I guess, but it still sucks nonetheless. My old broker claimed to have swap-free account or Islamic account but it's a big lie. I am considering moving to Blueberry markets, but I don't know if they offer a swap-free accounts or not. Does anyone know about it?
May 23 2022 1
Hi, I have been trading in IC Market for a while now and so far I have been liking every part of this. Unfortunately, I will soon move to another country due to my job. This will be temporary, although I didn't know how long it will last. Sadly, IC Market service doesn't cover this place, after all, I will be in very remote places so having internet connections will be out of the question. Now, I was wondering if IC Market allows inactivity and how much they charge for it. Also, are there any limitations to keeping my account inactive? Or would it be better to close it for now?