Initially I did leave them a bad review here ICMarkets.com | Forex Brokers Reviews | Forex Peace Army because I wanted to open a case. Tried to make ID but until now no validation link? So using facebook to post.
1. They are actually etoro asia pacific. do yourself a favour and check ASIC register and you will see it too. I have email and screenshot. So, since etoro is MM, how can ICM be ECN? It's 2 opposite ends of the spectrum. And yes ICM is also known as ETORO ASIA PACIFIC based on ASIC records. Wish I had known this before getting started...
2. This would explain the strange phenomenon retail traders faced. For me it is the constant white screen and lag and freeze especially when I was very profitable. First it lasts 20-30 minutes then it goes for a few hours. Unable to access orders to change profit stops was terrible
3. When reported to them, they told me to get VPS. Signed up their recommended provider, and still same issues only with them? Other brokers running smooth so its definitely ICM related issue.
4. So many procedural failures here, too many to list you can check my review earlier done too.
5. They show you different prices on their different platforms for the same pair at the same point in time
6. Read their legal document. They mentioned they will counter trade (hedge) you each time u place an order. Is that what a true ECN broker would do? Apparently, no according to investopedia... only MM models love to do this.
Well, I am not sure if my post will appear *since my other posts dont* so I will only attach when I am certain it will show up.
Thanks and btw guys, let's all report to the australian authorities. more complaints = they will look into the matter.
1. They are actually etoro asia pacific. do yourself a favour and check ASIC register and you will see it too. I have email and screenshot. So, since etoro is MM, how can ICM be ECN? It's 2 opposite ends of the spectrum. And yes ICM is also known as ETORO ASIA PACIFIC based on ASIC records. Wish I had known this before getting started...
2. This would explain the strange phenomenon retail traders faced. For me it is the constant white screen and lag and freeze especially when I was very profitable. First it lasts 20-30 minutes then it goes for a few hours. Unable to access orders to change profit stops was terrible
3. When reported to them, they told me to get VPS. Signed up their recommended provider, and still same issues only with them? Other brokers running smooth so its definitely ICM related issue.
4. So many procedural failures here, too many to list you can check my review earlier done too.
5. They show you different prices on their different platforms for the same pair at the same point in time
6. Read their legal document. They mentioned they will counter trade (hedge) you each time u place an order. Is that what a true ECN broker would do? Apparently, no according to investopedia... only MM models love to do this.
Well, I am not sure if my post will appear *since my other posts dont* so I will only attach when I am certain it will show up.
Thanks and btw guys, let's all report to the australian authorities. more complaints = they will look into the matter.