IC Markets

IC Markets has earned its reputation as a go-to broker for scalpers and algorithmic traders who demand precision, speed, and institutional-grade pricing. For traders in Vietnam, it offers a blend of cutting-edge platforms, deep liquidity, and transparent trading conditions ideal for both manual and automated strategies.

Trading Environment and Regulation

IC Markets operates under the supervision of the Australian Securities and Investments Commission (ASIC), ensuring compliance, transparency, and secure handling of client funds. This regulatory oversight guarantees that Vietnamese traders enjoy a fair trading environment with strict segregation of accounts and protection against potential broker misconduct.

Trading Environment and Regulation

IC Markets operates under the supervision of the Australian Securities and Investments Commission (ASIC), ensuring compliance, transparency, and secure handling of client funds. This regulatory oversight guarantees that Vietnamese traders enjoy a fair trading environment with strict segregation of accounts and protection against potential broker misconduct.

Platform Options and Automation

IC Markets supports three major trading platforms—MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader.

• MT4/MT5 cater to both beginner and experienced traders, offering rich charting tools, one-click trading, and support for Expert Advisors (EAs).
• cTrader stands out for advanced order management and smoother execution. It allows traders to customize algorithms and EAs, especially valuable when trading pairs like AUD/USD that fluctuate sharply during Asian trading hours.

The integration with cTrader also gives Vietnamese traders an advantage in automating entries during economic announcements or volatility spikes—times when manual reaction is too slow.

Deposits, Withdrawals, and Account Funding

The minimum deposit to start trading with IC Markets is $200, slightly higher than some competitors but justified by its institutional-grade infrastructure.
Withdrawal options include Skrill, Neteller, PayPal, and bank transfers. Most e-wallet withdrawals are processed the same day, while bank wires can take 2–3 business days.

A small downside for Vietnamese traders is the absence of a VND base currency, meaning deposits in Vietnamese dong undergo conversion to USD or EUR, slightly affecting micro-accounts. However, the impact is minimal for active traders managing larger balances.

Leverage and Risk Management

IC Markets offers leverage up to 1:500 on major currency pairs, providing traders with flexibility to scale their positions. That said, leverage should be used responsibly—particularly in volatile markets such as forex and commodities. The broker also provides negative balance protection, ensuring that clients never lose more than their deposited capital.

Trading Costs and Performance Summary

The following table provides a quick summary of IC Markets’ key trading conditions and account features. It highlights the most relevant parameters Vietnamese traders should consider before opening an account.

Advantages and Drawbacks

Below is a brief overview of IC Markets’ main pros and cons, helping traders decide whether it aligns with their strategy and capital requirements.