oswell replies to: IC Markets experienced traders, do you suggest this company?

I have had accounts with Pepperstone and ICmarkets (local so no overseas transaction fees all free deposits/withdrawals fast within seconds/days respectively).

When I compared the two the only reason why I stuck with ICmarkets is they have better options for REBATES. Effectively this is lowering my commission to $4.90 AUD RTL as opposed to Pepperstone that I could only get down to $5.50 RTL.

Both of them will have moments where there servers are down, however they say they will refund any losses (both have done so for me anytime I asked, but you have to ask first and these were only for small amounts $10-$50).

Only downside I see here is that they are small companies and therefore aren’t really brokers you would use for capital >$100,000.

I have a public Trade Explorer currently public for IC markets if you want to see an account on it.

Trading is a Zero sum game. Someone winning means someone losing.

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