2024 Broker Review

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Introduction To

Among one of the only forex brokers regulated in the United States, is another veteran in the forex industry. Founded in 2001 and headquartered in New Jersey regulated by multiple top tier jurisdictions around the world, including: NFA (US), CFTC (US), FCA (UK), ASIC (Australia), CIMA (Cayman Islands), FSA (Japan). Due to their vast licenses and years in business we would consider this broker highly trustable. is a market maker, which we know is not every traders cup of tea. The tradable assets include; forex, indices, commodities, and energy. We do find that their selection of CFDs are a little limited compared to other brokers. Finally, offers MetaTrader 4 and NinjaTrader. is a broker we would recommend for traders from the USA – but outside of that not so much.


Minimum Deposit

Built into spread

FX Commission
(per lot)


Free Demo Account


Inactivity fee


Highly Trustable Broker

Regulated in the USA


Limited Leverage (1:200)

No hedging allowed for US traders

Inactivity Fee

Video Review

Coming soon! Quick Facts

Country Headquarters

United States

Instruments Offered

Forex, Metal, Stock Indices,

Base Account Currency


Minimum Deposit


Withdrawal Fee


Account Verification Time

1 day

Deposit Options

Wire Transfer, Card, Check, and ACH

Accepts crypto deposit


Trading Platforms

MetaTrader 4 and NinjaTrader

Demo Accounts


VPS Offered


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Account Opening 4.7 / 5 offers a fully online account opening process. ID documents are required to sign up for an account.

Commissions & Fees 4.3 / 5 charges reasonable commissions for trading, however they do charge a $15 inactivity fee. The inactivity fee is charged per month, after there has not been any trading activity on the account for over 12 months.

Deposit and withdrawal 4.8 / 5

We found that has a limited selection of deposit options;

  • Bank transfer
  • Card
  • Check
  • ACH

Trading Platforms 4.3 / 5

Only MetaTrader 4 and NinjaTrader are offered. While it is great to see offer NinjaTrader it would be great to see them offer MT5 or cTrader as well.

Customer Support 4.0 / 5

Support is offered 24/7 in the following languages: English, Spanish, German, Japanese, Chinese, Polish

Other 3.9 / 5

Some other cool features that ICMarkets offers:

  • Free demo accounts (no live account required)
  • Education videos
  • Market analysis and research
  • Free VPS available
  • Trading ideas and news flow

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