Singapore Dollar Forex Trading Accounts
IC Markets complements Argentina’s status as a major G-20 economy, providing comprehensive trading solutions for its dynamic market. IC Markets’ efficient trading solutions cater to Argentina’s diversified economy, which ranges from agriculture to high-tech sectors.
- Sandy Coetzee
Overview
Regulation and Safety of Funds
Account Types and Features
Awards and Recognition
Account Registration
Broker Comparison
Trading Platforms
Fees
Range of Markets
Deposit and Withdrawels
Education and Research
Bonuses and Promotions
Affiliate Programs
Customer Support
Social Responsibility
Final Verdict
Pros and Cons
FAQ
Min Deposit
200 USD
Regulators
FSA
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
65
Islamic Account
Yes
Trading Fees
Low spreads
Account Activation Time
48 Hrs
Overview
After conducting a thorough analysis of IC Markets, we can confidently say that it’s an outstanding option for traders in Argentina.
IC Markets, originating from Australia, has successfully built a robust international reputation by demonstrating exceptional performance in the forex trading industry, thanks to its distinctive attributes.
Argentinian traders will find great value in the extensive liquidity offered by IC Markets, allowing for quick trade executions and highly competitive spreads.
This is of utmost importance for a country such as Argentina, which boasts a robust economy fueled by industries like energy and agriculture. IC Markets’ platforms are highly user-friendly and versatile, catering to traders of all levels of experience in Argentina.
IC Markets’ commitment to “En unión y Libertad” (In Unity and Freedom) deeply resonates with us as reviewers, and we are confident it will also strike a chord with Argentinian traders. This is in perfect alignment with Argentina’s spirit.
The wide range of trading instruments offered by IC Markets opens up new opportunities for traders, enabling them to explore markets beyond conventional commodities such as corn, flax, and meat.
Given Argentina’s susceptibility to climate change, IC Markets’ dedication to sustainable trading practices is admirable.
IC Markets offers low spreads and innovative trading platforms crucial for navigating Argentina’s diversified economy, including agricultural and high-tech industries.
IC Markets provides substantial liquidity and speedy transaction executions, which are critical for Argentina’s strong energy and agriculture industries and allow traders to capitalize on market moves efficiently.
IC Markets at a Glance
| 👤 JustMarkets | ℹ️ Information |
| 📅Established Year | 2007 |
| 🏛Regulation and Licenses | ASIC, CySEC, FSA, SCB |
| 📈Ease of Use Rating | 5/5 |
| 💸Bonuses | None |
| ⌚Support Hours | 24/7 |
| 💻Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader, IC Social, Signal Start, ZuluTrade, TradingView |
| 🗂️Account Types | cTrader, Raw Spread, Standard |
| 💵Base Currencies | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD |
| 📈Spreads | From 0.0 pips EUR/USD (Raw Spread Account) |
| ⬆Leverage | 1:500 |
| 💷Currency Pairs | 64+ |
| 💳Minimum Deposit | 183,000 ARS ($200) |
| 💵Inactivity Fee | None |
| 🌐Website Languages | English, Spanish, Russian, Thai, Malay, Vietnamese, Italian, Portuguese, and several others |
| 💰Fees and Commissions | Spreads from 0.0 pips, commissions from $3.5 |
| 👥Affiliate Program | Yes |
| ❌Banned Countries | United States, Canada, Iran, Yemen, and OFAC countries |
| ✏️Scalping | Yes |
| 📌 Hedging | Yes |
| 📊Trading Instruments | Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, Futures |
| 👉Open Account |
Regulation and Safety of Funds
IC Markets is not regulated by the Central Bank of Argentina (BCRA) or the National Securities Commission (CNV). However, IC Markets’ global regulations are listed in the table below.
IC Markets Global Regulations
| 🔑Registered Entity | 🌎Country of Registration | 🔢Registration Number | 🚨Regulatory Entity | 🥇Tier | 🖋️License Number/Ref |
| Raw Trading Ltd | Seychelles | – | FSA | 3 | SD018 |
| International Capital Markets Pty Ltd. | Australia | CAN 123 289 109 | ASIC | 1 | AFSL 335692 |
| IC Markets EU Ltd | Cyprus | – | CySEC | 2 | 362/18 |
| IC Markets Ltd | Bahamas | 76823 C | SCB | 3 | SIA-F214 |
IC Markets Protection of Client Funds
| 👮 Security Measure | ℹ️ Information |
| Segregated Accounts | Yes |
| Compensation Fund Member | No, in-house insurance |
| Compensation Amount | $1 million |
| SSL Certificate | No |
| 2FA (Where Applicable) | No |
| Privacy Policy in Place | Yes |
| Risk Warning Provided | Yes |
| Negative Balance Protection | Yes |
| Guaranteed Stop-Loss Orders | No |
| 👉Open Account | Open Account |
The worldwide presence of IC Markets and its regulation by several agencies offer Argentine traders a reliable and globally recognized trading platform
IC Markets uses strong verification methods and secure transaction protocols to safeguard Argentinian traders against fraud and ensure the integrity of their accounts.
IC Markets Awards and Recognition
We’ve spent a lot of time on the IC Markets website and noticed that the broker has won the following awards in recent years:
In 2024, ForexBrokers.com named IC Markets the #1 MetaTrader broker. This accolade highlights the platform’s exceptional performance and dependability for MetaTrader users. It is especially advantageous for Argentinian traders relying on robust and efficient trading platforms for their forex and CFD operations.
FxScouts awarded IC Markets the Best Customer Support Award in 2023. This award recognizes the company’s excellent customer support, which is available 24/7 by email, live chat, and phone, including weekends. This support is critical for Argentine traders who want assistance outside typical business hours.
IC Markets Account Types and Features
Compared to other brokers who offer 5+ retail accounts, IC Markets provides three options that suit different Argentinian traders regardless of their trading experience. Each account type is tied to a feature-rich platform and can benefit Argentinian traders in various ways. Let’s have a look.
| 🔑Account Feature | cTrader | Raw Spread | Standard |
| 📝Availability | All traders; only available on cTrader | All; ideal for scalpers, day traders, active traders | All; ideal for beginners and casual traders |
| 💹Markets | All | All | All |
| 💰Commissions | $3 per side, $6 per round turn | $3.5 per side, $7 per round turn | None; only the spread is charged |
| 📉Platforms | cTrader | MetaTrader 4, MetaTrader 5 | MetaTrader 4, MetaTrader 5 |
| ⬇️Trade size | From 0.01 lots – 2,000 lots | From 0.01 lots – 200 lots | From 0.01 lots – 200 lots |
| ⬆️ Leverage | 1:500 | 1:500 | 1:500 |
| 💵Minimum deposit | 183,000 ARS ($200) | 183,000 ARS ($200) | 183,000 ARS ($200) |
IC Markets cTrader Account
The cTrader Account is popular for sophisticated traders seeking competitive pricing and tight spreads. It offers a $3 per side commission and tight spreads starting from 0.0 pips, with a 1:1000 leverage and low deposit requirement of $200.
In our experience, cTrader is known for its exceptional execution speed and abundant liquidity, making it a valuable asset for Argentina traders facing infrastructure obstacles. The London-based server’s robust and high-performance trading environment could benefit them.
IC Markets Raw Spread Account
The Raw Spread Account is ideal for Argentinians to prioritize cost-effectiveness, utilize expert advisors, and employ scalping strategies.
MetaTrader 4 and 5 offer a commission of $3.5 per side ($7 round turn) and spreads starting from 0.0 pips. The 1:1000 leverage and low $200 deposit requirement (approximately 183,000 ARS) provide ample opportunities for traders.
According to our research, the Equinix NY4 data center servers in New York provide low latency, which is essential for high-frequency strategies.
We believe that the combination of narrow spreads and fast execution is especially beneficial for traders in Argentina, given the potential influence of cutting-edge scientific research in areas such as computer science and nanotechnology on trading strategies.
IC Markets Standard Account
The Standard Account is a commission-free trading platform for beginners and casual traders. It offers a user-friendly experience with spreads starting at 0.8 pips and no commissions.
With a 1:1000 leverage and a $200 deposit, it is compatible with MetaTrader 4 and 5 and offers access to 61 currency pairs.
We believe this account type could appeal to traders in Argentina, especially considering the country’s shifting demographics towards an older population, which could impact their risk tolerance and investment strategies.
IC Markets Demo Account
Argentina, a key G20 player with a robust agricultural sector, requires local traders to explore strategies that minimize risk.
IC Markets offers a demo account tailored to users’ needs, allowing them to explore forex and CFD trading without exposing themselves to financial risk.
The demo account offers a generous virtual currency allocation of $100,000, allowing traders to experiment with strategies involving commodities like soybeans and wheat or investments in sectors with Argentina’s strong presence, such as wool and wine.
The demo account is not time-limited, allowing new and experienced traders to practice at their own pace.
We found that the demo account can be accessed with any IC Markets account type, including cTrader, Raw Spread, and Standard. This ensures the demo environment aligns with the trader’s platform and trading conditions.
IC Markets Islamic Account
IC Markets offers an Islamic account for Argentinian traders, respecting Sharia law principles. This account is available on both Raw Spread and Standard account types and is accessible through popular platforms like MetaTrader 4, MetaTrader 5, and cTrader.
The IC Markets Islamic Account allows traders to trade over 90 different instruments, leverage up to 1:1000, and potentially benefit from spreads as low as 0.0 pips.
We found that the Islamic Account doesn’t charge swaps or interest fees but applies a holding fee for overnight positions. Furthermore, our research showed that IC Markets provides a detailed schedule outlining holding fees per lot for different instruments to ensure transparency.
The Islamic account also offers a 5-day grace period for new positions, allowing traders to adjust to the market without the immediate pressure of holding fees.
This aligns with the Argentinian spirit of “En unión y Libertad” (In Unity and Freedom) and provides more breathing room for traders to make informed decisions.
IC Markets offers leverage of up to 1:1000 on all account types, allowing Argentinian traders to optimize their trading ability and handle bigger holdings.
The Standard Account has a simple interface, no commissions, and affordable spreads, making it ideal for new traders in Argentina wishing to get into the forex market.
Min Deposit
200 USD
Regulators
FSA
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
65
Islamic Account
Yes
Trading Fees
Low spreads
Account Activation Time
48 Hrs
IC Markets Account Registration
We tested the account registration procedure with IC Markets to provide Argentinians a step-by-step breakdown of how they can get started, and this is the process:
Step 1 – Visit the official website of IC Markets
- You can start with IC Markets by visiting their official website to sign up for an account. Click on the ‘Start Trading’ or ‘Open an Account’ button, which is usually prominently featured on the homepage.
Step 2 – How to create an account.
You will be asked to provide your personal information, including your name, email address, and phone number. Ensure that the information you enter is correct and matches your legal documents since this will be critical during the verification process.
Step 3 – Fill in all your details.
- Choose the account type that fits your trading strategy and skill level. IC Markets provides flexible accounts, including Raw Spread, Standard, and cTrader. When making this decision as an Argentinian trader, keep the economic situation and your investing objectives in mind.
Step 4 – Select Account.
Once back on IC Markets, you will be requested to provide personal information (your full name, date of birth, and contact details). This information should align with official documents for verification purposes. You must enter your details and select Argentina as your country of residence. You can then provide additional information required for your location to comply with local regulations.
Select an account according to your trading strategy, experience level, and risk tolerance. To finalize the account setup, you must answer questions about your trading experience and financial knowledge. IC Markets customizes its services to match your expertise level, which benefits both parties involved. You will then be asked to upload documents for identity and residence verification. After submitting the documents, IC Markets carefully reviews them to ensure their authenticity. After a few days, you will receive an email notification once the account is verified and ready for trading.
Complete the form to measure your trading knowledge and expertise. This is critical since it allows IC Markets to personalize its services to your needs while ensuring regulatory compliance.
Upload all essential identity documents. This often consists of a DNI (Documento Nacional de Identidad) or passport and a utility bill or bank statement as proof of residency in Argentina.
After you’ve submitted your papers, wait patiently for account verification. IC Markets will examine your application and accompanying papers. This procedure can take a few days, during which time you should check your email often for any information from IC Markets.
After confirming that your account has been verified, you can deposit funds. You can do this using various deposit methods, including bank transfers, credit/debit cards, and e-wallet services. Consider exchange rates and associated costs, which can influence Argentinian traders when converting from ARS to USD or other appropriate currencies.
Now that your account has been funded, you can begin trading. Take a minute to acquaint yourself with the trading platform you’ve selected, whether MetaTrader 4, MetaTrader 5, or CTrader. Investigate the tools and resources that can improve your trading experience.
Finally, remember to trade responsibly. Given Argentina’s complex economic landscape, staying updated about market situations that may influence your trading selections is critical. Use IC Markets’ educational materials to continuously enhance your trading skills and knowledge.
To verify an IC Markets account in Argentina, traders must produce a DNI or passport and a utility bill or bank statement as proof of domicile.
Yes, Argentinian traders can register several accounts to vary their trading techniques, including cTrader, Raw Spread, and Standard accounts.
IC Markets Broker Comparison
| 🔎Features | IC Markets | Octa | FXOpen |
| 🏛️Regulation | ASIC, CySEC, FSA, SCB | CySEC, SVG FSA | ASIC, FCA, CySEC |
| 📊Trading Platform | MetaTrader 4 MetaTrader 5 cTrader TradingView | MetaTrader 4 MetaTrader 5 OctaTrader Octa App | MetaTrader 4 MetaTrader 5 TickTrader |
| 💵Withdrawal Fee | No | No | Yes |
| 💻Demo Account | Yes | Yes | Yes |
| 💴Min Deposit | 183,000 ARS ($200) | 23,000 ARS ($25) | 900 ARS ($1) |
| 📌 Leverage | 1:1000 | 1:500 | 1:500 |
| ✏️Spread | From 0.0 pips | 0.6 pips | From 0.0 pips |
| 💰Commissions | From $3 to $3.5 | None | From $1.5 |
| 🤙Margin Call/Stop-Out | 100%/50% | 25%/15% | M – 100% – 20% S/O – 50% – 10% |
| 👉Order Execution | Market | Market | Instant, Market |
| ❌💵No-Deposit Bonus | No | No | No |
| 🛅Cent Accounts | No | No | Yes, Micro |
| 🗄️Account Types | cTrader Account Raw Spread Account Standard Account | OctaTrader Account Octa MetaTrader 4 Octa MetaTrader 5 | Micro Account STP Account ECN Account Crypto Account PAMM STP PAMM ECN PAMM Crypto |
| ⚖️BCRA or CNV Regulation | No | No | No |
| 💵ARS Deposits | No | No | No |
| 🗄️ARS Account | No | No | No |
| 🧑💻Customer Service Hours | 24/7 | 24/7 | 24/5 |
| 🏪Retail Investor Accounts | 3 | 3 | 4 retail, 3 PAMM |
| ☪️Islamic Account | Yes | Yes | Yes |
| 📉Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
| 📈Maximum Trade Size | Unlimited | 500 lots | Unlimited |
| ⌚Minimum Withdrawal Time | Instant | 1 – 3 hours | Instant |
| ⌛Maximum Estimated Withdrawal Time | Up to 14 business days | 1 – 3 hours | 2 – 5 Days |
| ⏱️Instant Deposits and Instant Withdrawals? | Yes, on PayPal, Neteller, and Skrill | Yes, Deposits | Yes |
IC Markets Trading Platforms
As part of our review, we like testing the brokers’ platforms to see how they benefit Argentinean traders. Given the Argentinian context, the sections below show how local traders can benefit from IC Markets’ offer.
MetaTrader 4
In our experience, MT4’s robust technology and advanced charting features make it an ideal choice for traders in Argentina’s dynamic markets.
The user-friendly interface is a significant advantage when navigating the ever-changing landscape of Argentina’s thriving agricultural industry, including wheat and soy exports.
We found that the integrated communication tools also facilitate staying informed about developments in Argentina’s vital energy sector.
MetaTrader 5
Our analysis indicates that MT5 offers a more extensive range of features, making it an excellent choice for traders seeking to expand their investments beyond the forex market.
Argentina’s economy is diverse, reflecting its various sectors, including forex, commodities, and indices.
This platform’s powerful analytical tools are valuable for gaining insights into Argentina’s manufacturing sector, which plays a significant role in the country’s GDP.
We also believe that the increased range of timeframes and chart types is valuable for navigating the complex Argentinian market, which requires various strategies.
TradingView
TradingView’s social networking feature is particularly impressive and aligns well with the collaborative business culture we have noticed in Argentina.
The platform’s real-time data and user-friendly browser-based charts allow users to analyze commodities such as lemons and pears, crucial in Argentina’s local economy.
Furthermore, the customizable alerts are an excellent tool for effectively managing positions in Argentina’s thriving industrial sectors, highlighting the country’s significant contribution to South America’s economy.
cTrader
cTrader’s sleek interface and advanced order types make it the ideal platform for trading Argentina’s substantial agricultural and energy exports. It offers the precision required for success in these markets.
In our experience, the lightning-fast execution speed is a significant advantage for individuals seeking to take advantage of Argentina’s position as a leading producer of natural gas and petroleum.
The platform’s advanced risk management features are a valuable asset for navigating the complexities of the local market.
ZuluTrade
ZuluTrade’s social trading focus seems to align with Argentina’s emphasis on collective progress, as seen in their federal constitutional republic.
We’ve found that traders have the chance to connect with and learn from experienced traders, which is a valuable resource in a country with a growing network of diverse industrial parks.
Copy trading is well-suited for Argentina’s diverse economic sectors, which include the wine industry and the rapidly expanding lithium mining sector.
IC Markets Web API
Our research found that IC Markets doesn’t provide a Web API on its website. However, it offers support for the MetaTrader 4 (MT4) and cTrader platforms, both of which provide their own APIs for automated trading.
Traders can consider using third-party providers such as Myfxbook AutoTrade to establish a connection with IC Markets. We’ve found that these platforms frequently offer extra tools and features to manage automated trading strategies effectively.
MetaTrader 4 has comprehensive charting capabilities and an easy-to-use interface, making it suitable for trading Argentina’s important exports, such as soybeans and wheat.
cTrader has a modern interface and sophisticated order types, which are useful for Argentine traders with the accuracy necessary to handle the country’s major energy and natural gas exports.
IC Markets Range of Markets
If there’s one area where IC Markets doesn’t disappoint, it’s the range of markets offered.
However, we must mention that IC Markets doesn’t offer BBVA Banco Frances stocks, Argentina General Consumer Staples (Sector) Index, or other local CFDs; the offer of over 2,250 instruments still exposes local traders to international markets.
| 🧭Instrument | 🏦Number of Assets Offered | 🚀Max Leverage Offered |
| Forex | 64 | 1:1000 |
| Commodities | 22 | 1:1000 |
| Indices | 25 | 1:200 |
| Stocks | 1,600 | 1:20 |
| Cryptocurrency | 18 | 1:200 (MT4/5) 1:5 (cTrader) |
| Futures | 4 | 1:200 |
| Bonds | 11 | 1:200 |
IC Markets Leverage and Margin
IC Markets offers Argentinian traders leverage options of up to 1:1000, a significant ratio in Argentina’s turbulent economic environment. We’ve found this is due to soaring inflation rates and income disparities, which could impact the Argentinian economy.
Margin requirements are set to protect traders by ensuring they have enough funds to cover potential losses, especially for those dealing with government-imposed foreign currency control.
However, high leverage might require careful risk management, considering economic obstacles like infrastructural deficiencies that could influence market volatility and trading results.
In our experience, understanding the implications of high leverage is crucial for navigating the intricacies of government-imposed foreign currency control in Argentina.
IC Markets Trading Hours
| 🏛️Asset Class | 🕰️Trading Hours |
| Forex | 24 hours (5 days/week) |
| Metals | 22-23 hours (5 days/week) |
| Spot Energies | 22-23 hours (5 days/week) |
| Soft CFDs | 18-20 hours (5 days/week) |
| Indices CFDs | Varies significantly by index |
| Futures CFDs | 22-23 hours (5 days/week) |
| Cryptocurrency CFDs | 23-24 hours (7 days/week) |
| Stocks CFDs | Not specified |
| Bond Futures | 11-13 hours (5 days/week) |
IC Markets Argentina Stock, Forex, Commodities, and Index CFDs Availability
| Can I trade CFDs on the MERVAL Index with IC Markets? | No |
| Can I trade CFDs on YPF (YPF.BA) shares with IC Markets? | No |
| Can I trade CFDs on Banco Macro (BMA.BA) shares with IC Markets? | No |
| Can I trade CFDs on Grupo Financiero Galicia (GGAL.BA) shares with IC Markets? | No |
| Can I trade CFDs on Pampa Energía (PAMP.BA) shares with IC Markets? | No |
| Can I trade CFDs on Ternium (TXAR.BA) shares with IC Markets? | No |
| Can I trade CFDs on Telecom Argentina (TECO2.BA) shares with IC Markets? | No |
| Can I trade CFDs on MercadoLibre (MELI) shares with IC Markets? | No |
| Can I trade CFDs on Globant (GLOB) shares with IC Markets? | No |
| Can I trade CFDs on soybean futures (from Argentina) with IC Markets? | No |
IC Markets provides over 64 forex pairs, allowing Argentine traders to vary their currency trading tactics in a globally linked market.
No, IC Markets doesn’t offer Argentine stocks; nevertheless, traders can still access a diverse variety of foreign equities and indexes.
IC Markets Fees
Apart from being a True ECN broker with some of the lowest spreads in the industry, IC Markets has a transparent fee schedule. Join us as we explore each trading and non-trading fee category Argentinians could face.
IC Markets Spreads
We have extensive experience with IC Markets and found it to be a trustworthy platform, particularly for traders in Argentina. The spreads offered are among the most competitive in the industry, frequently beginning at 0.0 pips for major currency pairs.
These narrow spreads have a significant impact on Argentina’s distinctive economic environment, where prudent cost management is crucial.
IC Markets Commissions
IC Markets applies a commission to its Raw Spread and cTrader accounts, usually amounting to $3.50 per lot per side for forex transactions.
We found that this structure is clear and easy to understand, similar to the governance we observe in the provinces of Argentina.
However, traders must carefully consider their trading volume and frequency to manage these costs effectively. We urge traders to weigh the advantages of tight spreads against the commission expenses.
IC Markets Overnight Fees
Swap rates are common in trading with any broker, including IC Markets. The fees can differ based on the currency pair and the direction of the trade.
We urge traders to understand these fees in an economy as diverse as Argentina’s. Proper management is vital to avoid depleting trading capital.
IC Markets Deposit and Withdrawal Fees
IC Markets’ deposit and withdrawal policy is highly favorable for traders, as they do not impose any extra charges for these transactions.
Argentinians must stay informed about any possible charges from payment providers or banks.
This highlights the importance of prudent financial management in a country such as Argentina, a prominent player in the global economy but also grapples with substantial income disparity.
IC Markets Inactivity Fees
IC Markets doesn’t charge an inactivity fee on dormant accounts. We believe this will benefit Argentinian traders who take a break from trading or use long-term strategies.
IC Markets Currency Conversion Fees
Argentinians must take note of currency conversion fees. IC Markets imposes a charge for currency conversion.
Traders are often advised to balance their frequently traded currency to reduce these expenses. We believe traders can optimize their financial strategies by directing capital towards investments rather than unnecessary fees.
Yes, IC Markets charges commissions on Raw Spread and cTrader accounts, which average $3.50 a lot per side for currency trades.
IC Markets imposes currency conversion fees. Therefore, Argentine traders should manage their account balances and trading currencies to reduce these expenses.
IC Markets Deposits and Withdrawals
We noticed that IC Markets doesn’t support any local payment methods from Argentina, like Stripe, Square, or Amazon Pay. However, we did find that Argentinians can use a plethora of other options.
Join us as we explore the payment categories supported by IC Markets and how Argentinian traders can deposit and withdraw.
| 💰Payment Method | 🗾 Country | 💱Currencies Accepted | ⏰Processing Time |
| Credit Card | All | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD | Instant – 5 days |
| Debit Card | All | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, HKD, CHF | Instant – 5 days |
| PayPal | All | USD, AUD, GBP, EUR, CAD, SGD, JPY | Instant |
| Neteller | All | AUD, GBP, EUR, CAD, SGD, JPY | Instant |
| Neteller VIP | All | AUD, GBP, EUR, CAD, SGD, JPY | Instant |
| Skrill | All | AUD, USD, JPY, EUR, SGD, GBP | Instant |
| UnionPay | China | RMB | Instant |
| Bank Wire Transfer | All | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, CHF | 2 – 14 days |
| Bpay | Australia | AUD | 12 hours – 3 days |
| FasaPay | All | USD | Instant – 5 days |
| Broker to Broker | All | AUD, USD, JPY, EUR, NZD, SGD, GPB, CAD, CHF, HKD | 2 – 5 days |
| POLi | Australia | AUD | Instant – 3 days |
| Thai Internet Banking | Thailand | USD | 15 minutes – 1 day |
| Vietnamese Internet Banking | Vietnam | USD | Instant – 1 day |
| Rapidpay | All | EUR, GBP | Instant – 5 days |
| Klarna | All | EUR, GBP | Instant – 5 days |
IC Markets Deposits
How to Deposit using Bank Wire Step by Step
Log into your IC Markets Secure Client Area and click ‘Deposit’ from the dashboard.
Select ‘Bank Wire Transfer’ from the list of deposit methods.
Obtain the banking information supplied by IC Markets for the transfer.
Use the IC Markets banking details provided to initiate a bank wire transfer with your bank.
Save the transaction receipt or evidence of payment.
Upload the receipt to your Secure Client Area to alert IC Markets about the deposit.
Funds will be credited to your trading account within 2 to 14 days of IC Markets confirming receipt of funds.
How to Deposit using Credit or Debit Card Step by Step
Access the IC Markets Secure Client Area and go to the ‘Funds’ area.
Click ‘Deposit Funds’ and pick your desired credit or debit card type.
Enter your card information, including the number, expiration date, and CVV code.
Indicate the deposit amount in your preferred currency.
Confirm the transaction, and the funds will be credited to your account immediately, subject to verification.
How to Deposit using e-Wallets or Payment Gateways Step by Step
Sign in to the IC Markets Secure Client Area.
Click the ‘Deposit Funds’ button and select your e-wallet—PayPal, Neteller, Skrill, or another applicable provider.
You will be redirected to the login page for your chosen e-wallet.
Log into your e-Wallet account and confirm the payment information.
Complete the transaction, and the deposit will be processed immediately.
IC Markets Withdrawals
How to Withdraw using Bank Wire Step by Step
Enter your IC Markets Secure Client Area and choose ‘Withdrawal’ from the menu.
Select ‘Bank Wire Transfer’ as your withdrawal option.
To minimize delays, provide your bank account information accurately.
Enter the amount you want to withdraw in the desired currency.
Submit your withdrawal request, and IC Markets will process it within 2-14 days.
How to Withdraw using Credit or Debit Cards Step by Step
Access the ‘Funds’ area of your IC Markets Secure Client Area.
Choose ‘Withdraw Funds’ and then the credit or debit card option.
The card used to deposit funds is usually credited.
Please enter the desired withdrawal amount to ensure it does not exceed the available balance.
Once you confirm the withdrawal, the cash will be processed and paid back to your card within the timeframe provided.
How to Withdraw using e-Wallets or Payment Gateways Step by Step
Log into your IC Markets Secure Client Area and navigate the ‘Withdrawal’ area.
Choose your desired e-wallet service from the available alternatives.
Enter the amount you want to withdraw and the information for your e-Wallet account.
Confirm the withdrawal information and submit your request.
IC Markets will process the withdrawal, and the funds should appear in your e-Wallet account immediately, subject to the service provider’s processing time.
IC Markets Deposits and Withdrawals
We noticed that IC Markets doesn’t support any local payment methods from Argentina, like Stripe, Square, or Amazon Pay. However, we did find that Argentinians can use a plethora of other options.
Join us as we explore the payment categories supported by IC Markets and how Argentinian traders can deposit and withdraw.
| 💰Payment Method | 🗾 Country | 💱Currencies Accepted | ⏰Processing Time |
| Credit Card | All | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD | Instant – 5 days |
| Debit Card | All | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, HKD, CHF | Instant – 5 days |
| PayPal | All | USD, AUD, GBP, EUR, CAD, SGD, JPY | Instant |
| Neteller | All | AUD, GBP, EUR, CAD, SGD, JPY | Instant |
| Neteller VIP | All | AUD, GBP, EUR, CAD, SGD, JPY | Instant |
| Skrill | All | AUD, USD, JPY, EUR, SGD, GBP | Instant |
| UnionPay | China | RMB | Instant |
| Bank Wire Transfer | All | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, CHF | 2 – 14 days |
| Bpay | Australia | AUD | 12 hours – 3 days |
| FasaPay | All | USD | Instant – 5 days |
| Broker to Broker | All | AUD, USD, JPY, EUR, NZD, SGD, GPB, CAD, CHF, HKD | 2 – 5 days |
| POLi | Australia | AUD | Instant – 3 days |
| Thai Internet Banking | Thailand | USD | 15 minutes – 1 day |
| Vietnamese Internet Banking | Vietnam | USD | Instant – 1 day |
| Rapidpay | All | EUR, GBP | Instant – 5 days |
| Klarna | All | EUR, GBP | Instant – 5 days |
IC Markets Deposits
How to Deposit using Bank Wire Step by Step
Log into your IC Markets Secure Client Area and click ‘Deposit’ from the dashboard.
Select ‘Bank Wire Transfer’ from the list of deposit methods.
Obtain the banking information supplied by IC Markets for the transfer.
Use the IC Markets banking details provided to initiate a bank wire transfer with your bank.
Save the transaction receipt or evidence of payment.
Upload the receipt to your Secure Client Area to alert IC Markets about the deposit.
Funds will be credited to your trading account within 2 to 14 days of IC Markets confirming receipt of funds.
How to Deposit using Credit or Debit Card Step by Step
Access the IC Markets Secure Client Area and go to the ‘Funds’ area.
Click ‘Deposit Funds’ and pick your desired credit or debit card type.
Enter your card information, including the number, expiration date, and CVV code.
Indicate the deposit amount in your preferred currency.
Confirm the transaction and the funds will be credited to your account immediately, subject to verification.
How to Deposit using e-Wallets or Payment Gateways Step by Step
Sign in to the IC Markets Secure Client Area.
Click the ‘Deposit Funds’ button and select your e-wallet—PayPal, Neteller, Skrill, or another applicable provider.
You will be redirected to the login page for your chosen e-wallet.
Log into your e-Wallet account and confirm the payment information.
Complete the transaction, and the deposit will be processed immediately.
IC Markets Withdrawals
How to Withdraw using Bank Wire Step by Step
Enter your IC Markets Secure Client Area and choose ‘Withdrawal’ from the menu.
Select ‘Bank Wire Transfer’ as your withdrawal option.
To minimize delays, provide your bank account information accurately.
Enter the amount you want to withdraw in the desired currency.
Submit your withdrawal request, and IC Markets will process it within 2-14 days.
How to Withdraw using Credit or Debit Cards Step by Step
Access the ‘Funds’ area of your IC Markets Secure Client Area.
Choose ‘Withdraw Funds’ and then the credit or debit card option.
The card used to deposit funds is usually credited.
Please enter the desired withdrawal amount to ensure it does not exceed the available balance.
Once you confirm the withdrawal, the cash will be processed and paid back to your card within the timeframe provided.
How to Withdraw using e-Wallets or Payment Gateways Step by Step
Log into your IC Markets Secure Client Area and navigate the ‘Withdrawal’ area.
Choose your desired e-wallet service from the available alternatives.
Enter the amount you want to withdraw and the information for your e-Wallet account.
Confirm the withdrawal information and submit your request.
IC Markets will process the withdrawal, and the funds should appear in your e-Wallet account immediately, subject to the service provider’s processing time.
Min Deposit
200 USD
Regulators
FSA
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
65
Islamic Account
Yes
Trading Fees
Low spreads
Account Activation Time
48 Hrs
IC Markets Education and Research
Regarding education and research, IC Markets offers Argentinian traders a few resources to help them learn more about forex and navigate their volatile domestic and international markets.
| Type of Education | Information |
| 📅Economic Calendar | Yes |
| ✴️VPS | Yes |
| 🕹️AutoChartist | Yes |
| 📈Trading View | No |
| 📊Trading Central | Yes |
| 📉Market Analysis | Yes |
| 🗞️News Feed | Yes |
| 💻Blog | Yes |
| 📚eBooks | Yes |
| 📼Educational Videos | Yes |
| 🛫Platform Tutorials | Yes |
| 👨💻Webinars | Yes |
| 💼Seminars | No |
| 👩🏾💻Live Support | Yes |
| 👉 Open Account | Open Account |
In addition to these resources, IC Markets also provides the following to Colombians:
Podcasts
Forex Glossary
IC Markets Help Centre
TeamViewer
“Protecting Your Account”
IC Markets Global Blog
Forex Calculators
Web TV
Trading Knowledge
IC Markets Trading Reports
IC Markets provides comprehensive trade reports on market trends, price changes, and trading volumes, which is particularly beneficial for Argentinian traders who want global market updates.
These reports help traders understand market sentiment, optimize trading strategies, and enhance their overall trading experience and ability to make informed trading decisions.
IC Markets Trading Calculators
C Markets offers trading calculators for Argentinian traders, enabling them to analyze trading elements like pip value, margin, and potential profit or loss. These tools aid in precise transaction planning, risk management, and informed decision-making.
IC Markets Seminars
IC Markets offers seminars to educate and equip Argentine traders with essential knowledge and insights into financial markets. These workshops are particularly beneficial for improving trading abilities, understanding market dynamics, and fine-tuning tactics.
Attending these seminars provides professional advice, keeps traders updated on market trends, and fosters networking, enhancing trading competence and performance.
IC Markets hosts webinars that provide live training sessions and expert insights, allowing Argentinian traders to learn from seasoned experts and enhance their trading tactics.
IC Markets provides a range of instructional information, such as articles and blogs, to ensure that Argentinian traders have continual learning tools to keep up with market developments.
IC Markets Bonuses and Promotions
Unfortunately, IC Markets doesn’t offer any bonuses to Argentinian traders. However, there are lucrative rebates and affiliate programs that might pique the interest of locals.
IC Markets Rebates for Clients
The Raw Trader Plus program from IC Markets is designed specifically for high-volume traders. It provides attractive rebates on trading commissions, which increase proportionately to the volume of standard lots traded.
This program offers a tiered structure that allows traders to earn rebates based on their monthly volume of closed lots. The rebates range from $1.50 to $2.50 per lot for Forex and metals.
According to our research, other benefits include VPS hosting for enhanced automated trading and personalized client support to help achieve trading objectives. To maintain membership, Argentinians must meet the volume requirements over three months.
What is the Raw Trader Plus program for Argentine traders?
The Raw Trader Plus program offers refunds on trading commissions to high-volume traders, which might benefit active Argentine traders looking to save costs.
How do Argentinian traders profit from IC Markets’ rebate programs?
IC Markets’ rebate programs provide financial incentives depending on trading volume, allowing Argentinian traders to reduce their total trading costs.
IC Markets Affiliate Programs
Features
IC Markets offers two partnership pathways for individuals and businesses in Argentina. The CPA Affiliate Program provides up to $650 per client referral, a substantial income supplement for established networks.
Secondly, the Partner Program aligns with Argentina’s enduring spirit, rewarding affiliates based on their client’s trading volume.
With over 16 years of industry experience, we found that IC Markets has a monthly trading volume of $1.39 trillion and serves over 200,000 active clients.
We believe that the affiliate program is designed with dynamic features, such as a QR code for promotional efforts, real-time wallet payments, and comprehensive notifications and reports.
We also found that the program’s promotional materials are designed to attract and retain clients, especially in a highly urbanized country like Argentina, where internet access reaches about 67% of the population.
Another unique feature is the Partner Wallet system, which simplifies the financial aspects of the partnership by providing real-time access to commissions, internal transfers, and withdrawals.
Overall, the partnership process is streamlined, guiding Argentinian affiliates from initial setup to receiving daily revenue shares from eligible clients.
How to Register an Affiliate Account with IC Markets Step-by-Step
Open your browser and go to the IC Markets website.
The “Partner with us” link is on the main menu tab, next to “Company.” Click it to access the partnership options page.
After the website has loaded, click the “Affiliate” link. This will take you to the full part that describes the IC Markets Global CPA Affiliate Program.
Read the CPA Affiliate Program material to understand the program’s advantages, requirements, and operation. Then, check if this is consistent with your affiliate strategy for Argentina.
If the CPA Affiliate Program fits within your plan, select “Become an IC Markets Partner” to begin the registration process. Alternatively, if you wish to earn rebates on your customers’ trading activity, select “Introducer” to investigate this alternative. Your pick will be based on your unique affiliate strategy for the Argentine market.
Complete the registration form, including your personal and contact information. Ensure that all information is accurate to minimize delays in the approval process.
Read and accept the affiliate program’s terms and conditions.
Submit the registration form for evaluation. IC Markets will analyze your application and advise you about its approval status.
Once accepted, you will be given a unique QR code for marketing. This code can be used to track referrals and commissions.
As an affiliate, you will get real-time payouts into your wallet. This includes rapid deposits, transfers, and withdrawals through your trading account.
Keep track of changes and receive regular updates using the alerts function.
Customize your dashboard to show newly referred clients, partner payment history, visitor data, wallet transaction history, and more. This will let you manage and track your affiliate’s performance efficiently.
Use the marketing materials, such as campaign dynamics, dynamic links, infographics, widgets, logos, banners, and animations. These tools can help you promote yourself as an IC Markets partner and attract additional customers.
Follow the partnership procedure, which involves obtaining a unique partner ID and campaign link, distributing the partner link on social media, websites, and other channels, and collecting daily revenue share from qualified clients.
👉Step 1 – Select Partners
Access IC Market’s official website and navigate to the “Partners” or “Affiliate” section on the homepage.
👉Step 2 – Enter your details
Click the “Start Now” button on the partnership page to begin the registration process. Then, fill out the registration form with accurate and updated personal, contact, and payment information.
👉Step 3 – Complete Registration
Fill out the registration form with accurate and updated personal, contact, and payment information. Then, follow the registration instructions and provide any needed verification documents to authenticate your identity and residential address.
After successful registration and verification, you can access the affiliate dashboard by signing in using the credentials you created at registration. Familiarize yourself with the dashboard interface, which offers marketing materials, monitoring tools, and reporting options to assist affiliate activity. Customize your affiliate account options based on your business plan, including language settings, marketing tools, and payment options to receive commissions.
Yes, the Partner Program lets Argentine affiliates earn recurring income depending on the trading activity of referred Argentinian clients.
The Partner Wallet solution provides real-time access to commissions, internal transfers, and withdrawals, making money administration easier for Argentinian affiliates.
IC Markets Customer Support
Customer Support
| 🔑Customer Support | 🥇IC Markets Customer Support |
| ⏰Operating Hours | 24/7 |
| 🌎Support Languages | Portuguese, English, Vietnamese, Chinese |
| 🔊Live Chat | ✅Yes |
| 🖥️Email Address | ✅Yes |
| ☎️Telephonic Support | ✅Yes |
| 🏆The overall quality of IC Markets Support | 4.3/5 |
Response Time
| 🔑Support Channel | ⏰Average Response Time | ⏱️User-based Response Time |
| ☎️Phone | 5 minutes | 2 minutes |
| 🖥️Email | 24 hours | Same-day |
| 🔊Live Chat | 5 minutes | 4 minutes |
| 📱Social Media | 5 minutes | 2 – 3 minutes |
| 👥Affiliate | 24 hours | Same-day |
Yes, IC Markets offers customer service in Spanish, making it convenient for Argentine traders who want to contact in their own language.
IC Markets has garnered several awards for its customer service, including the Best Customer Support Award from FxScouts in 2023, demonstrating its dependability for Argentine traders.
IC Markets Current Partnerships
IC Markets has been developing partnerships and sponsorships relevant to its brand and client base.
In our experience, financial industry companies often collaborate with businesses that represent their principles of innovation, honesty, and quality. At the same time, the specifics of their recent relationships are rarely generally publicized.
Considering this, we found that IC Markets, recognized for its dedication to offering cutting-edge trading solutions, might have sought collaborations that would improve its technological advantage or broaden its market reach, even though these are not indicated on the website.
However, considering Argentina’s particular landscape, we believe that IC Markets can consider the following in terms of local partnerships:
Collaborating with Argentina’s thriving lithium and precious metals mining sectors to provide financial services.
Collaborating with health care cooperatives and labor unions to offer members financial education and investment options.
Collaborating with national public universities and commercial institutions to provide educational programs on trading and finance, exploiting Argentina’s high level of tertiary education.
Exploring partnerships with cable and satellite television providers to develop financial literacy programs and investment-related content, capitalizing on Argentina’s high household penetration rate for these services.
Social Responsibility
Our findings show that IC Markets is actively involved in corporate social responsibility (CSR) programs despite the lack of comprehensive information.
However, based on the IC Markets brand and what we’ve discovered about Argentina, we believe there are several areas where IC Markets could help out, including the following:
IC Markets could collaborate with groups or events that promote Argentine cuisine and cultural heritage, such as food festivals or culinary education programs, to highlight Indigenous and Criollo dishes like empanadas and mate.
IC Markets can consider sponsoring local sports teams or cultural events like rugby tournaments or polo championships to promote Argentina’s rich sporting heritage and community participation.
IC Markets can collaborate with local conservation groups to promote Argentina’s biodiversity and ecosystem preservation since the country is among the most biodiverse in the world.
Using Argentina’s robust university system, IC Markets can consider establishing educational programs in finance and trading to benefit students and prospective traders.
IC Markets can consider collaborating with healthcare cooperatives to provide financial literacy and investing education to members, supporting Argentina’s diversified healthcare system.
Min Deposit
200 USD
Regulators
FSA
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
65
Islamic Account
Yes
Trading Fees
Low spreads
Account Activation Time
48 Hrs
Final Verdict
According to our review, IC Markets has positioned itself as a trusted platform for Argentinian traders. It offers a wide array of forex and CFD trading options, even though local instruments like MercadoLibre, YPF, and Pampa Energía aren’t available.
Advanced technology and competitive spreads have proven highly beneficial for traders in Argentina, a country known for its vibrant economy and diverse culture.
IC Markets is committed to delivering a smooth and effortless trading experience. The platform’s intuitive interface and wide range of trading platforms, such as MetaTrader 4, MetaTrader 5, and cTrader, clearly demonstrate its user-friendly design and comprehensive offerings.
We believe that these platforms are designed to meet the various requirements of Argentinian traders, who are well-known for their ability to adapt and persevere in the face of economic fluctuations.
However, we found room for improvement in IC Markets’ provision of localized materials for Argentinian traders.
Furthermore, traders who aren’t fluent in English could face a challenge due to the scarcity of resources in Spanish, Argentina’s official language.
In addition, the absence of Argentinian Peso (ARS) accounts and local payment methods may pose challenges for traders from Argentina, making the trading process less convenient.
However, despite these shortcomings, we believe IC Markets still has a compelling offer that could serve Argentinian traders.
IC Markets User Comments and Reviews
We did not struggle to find the latest comments that current Argentinian clients have left regarding IC Markets. Here are the most recent ones:
“IC Markets is my go-to broker in Argentina. Their execution is lightning-fast, which is crucial for my scalping strategy. Withdrawals are processed quickly, and their customer support is always helpful.”
“I’ve been trading with IC Markets for a while now, and their MT4 platform is fantastic. It’s stable, customizable, and has all the tools I need for technical analysis.”
“IC Markets’ customer service is always responsive and professional. They helped me resolve a deposit issue quickly and efficiently.”
Our Recommendations on IC Markets
We believe that IC Markets can cater to various traders from Argentina. However, based on our review, some areas require focus, including the following:
IC Markets can offer localized market insights and analysis on commodities and indices of interest to Argentinian traders, particularly those related to the country’s rich natural resources and agricultural sector, such as soybeans, corn, and beef, which reflect the country’s economic landscape.
IC Markets can create Spanish-language educational resources for Argentinian traders, covering forex trading strategies, risk management, and technical analysis. This will enhance their understanding of trading concepts and facilitate effective engagement with the platform, making it more accessible to the local market.
IC Markets should provide clear, local trading hours information for Argentina, enabling traders to plan their activities without confusion and fully capitalize on market opportunities.
IC Markets Pros & Cons
As part of our comprehensive review, we like putting the advantages and disadvantages of trading with IC Markets side-by-side to allow Argentinians to decide whether this broker is a suitable option.
| ✅Pros | ❌Cons |
| IC Markets’ over 2,000 tradable instruments allow Argentinian traders to diversify their portfolios and meet their different trading objectives | Unfavorable meteorological conditions in agriculture and economic instability can cause market volatility and impair trade activity |
| Over 25 liquidity providers source prices to the platform, providing a market-leading spread | While IC Markets provides localized market data, there is a demand for additional in-depth information about certain Argentine industries and sectors |
| IC Markets lets Argentinian traders trade forex with a small initial investment and leverage up to 1:1000 | Argentina’s economic issues, such as excessive poverty and inflation, could pose a risk to local traders |
| Spanish-language customer support improves user satisfaction and engagement | The Argentine peso’s fall versus the US dollar poses foreign exchange risks for traders on the platform |
| Various market regulators oversee IC Markets and safeguard Argentinian traders | IC Markets doesn’t support ARS-denominated accounts, deposits, or withdrawals |
| IC Markets’ trading speeds average under 40ms, benefitting Argentinian traders who want quick trade execution to capitalize on market opportunities | |
| IC Markets offers MetaTrader 4, MetaTrader 5, cTrader, and TradingView | |
| The website provides market research and news updates across various global markets |
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Frequently Asked Questions
With 92.3% of Argentinians residing in cities, consumer behavior is impacted by urban preferences, resulting in a concentration on products and services customized to urban lives and demands.
Television, newspapers, and radio advertising considerably impact consumer behavior in Argentina, impacting market trends and customer choices for items and services supplied through IC Markets.
Argentinian traders express interest in commodities like soybeans, corn, and meat, indicating the country’s vast agricultural industry and prospective trading prospects. Unfortunately, IC Markets doesn’t offer many of these commodities.
Argentina’s economic issues, including high inflation rates, may impose additional risks and uncertainties on currency trading activity in IC Markets.
The mixing of numerous cultures in Argentina is visible in several facets of everyday life, possibly impacting trading preferences and market attitudes among Argentinian traders.
