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Broker
Broker
A trading broker is an intermediary that facilitates financial transactions on behalf of investors in various markets like stocks, forex, and commodities. They act as a conduit between the investor and the exchange, executing buy and sell orders for a commission.
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Click here to register to a broker.​​​
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Create a demo account. Choose the Raw Spread account (the popular option).
The Raw Spread account offers low commissions, fast execution speeds, and no restrictions on scalping or high-frequency trading. It is ideal for active traders (especially scalpers) seeking competitive pricing and deep liquidity.​
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​Deep liquidity means there are many buyers and sellers in the market, so you can buy or sell large amounts of money quickly without affecting the price too much. It helps traders get better prices and execute big trades smoothly.​​​​​
​I have traded with several brokers, and based on my experience, I highly recommend this broker because:
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It is regulated by reputable authorities such as the Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Authority (FSA) of Seychelles. This provides a level of security and trust for traders.
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Competitive Spreads and Low Commissions
Known for offering some of the tightest spreads in the industry, especially on major currency pairs.
Low or zero commissions on certain account types make it cost-effective for traders.
(more info on Spread here)
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Fast Execution Speeds
IC Markets offers high-speed order execution, reducing slippage and ensuring trades are executed swiftly.
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Wide Range of Instruments
Offers a broad selection of trading instruments including Forex, CFDs on indices, commodities, cryptocurrencies, and more.
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Customer Support
Provides 24/7 multilingual customer support via live chat, email, and phone, ensuring traders get assistance whenever needed.​​
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Deposit and Withdrawal
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Choose a Suitable Withdrawal Method
It offers various withdrawal options such as bank wire transfer, credit/debit cards, and e-wallets like Skrill, Neteller, and PayPal (availability may vary by region).
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Verify Your Account
Complete the necessary KYC (Know Your Customer) procedures by submitting identification documents to avoid delays.​
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Follow the Broker's Withdrawal Procedures
Submit withdrawal requests through the client dashboard or trading platform, following the broker’s guidelines.
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Check for Minimum Withdrawal Amounts and Fees
Be aware of any minimum withdrawal limits and applicable fees, which can vary depending on the method used.
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Maintain Sufficient Account Balance
Ensure your account has enough funds to cover the withdrawal amount plus any applicable fees.
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Be Patient During Processing
Processing times can vary; e-wallets are usually quicker, while bank transfers may take several business days.
