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Forex Broker Rating

ICE FX

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ICE FX

Information about the broker ICE FX

Rating: 0
Jurisdiction:
Regulators: FSA
Foundation date: 2019

Brief informationICE FX

ICE FX — is a platform for trading and investing  

ICE FX is a forex broker owned by ICE-FX Markets Limited. The broker is registered in Malaysia in the city of Labuan. Address: U0064, 3rd Floor, Jalan OKK Awang Besar, 87000 Labuan FT, Malaysia. Registration number of the company is LL12180. The broker is licensed by the FSA, number MB / 15/0007. The age of ICE FX is unknown, since the date of foundation of the company is not indicated on the site.

What can you trade on the broker’s platform? 

For trading the broker offers the following instruments:

  • 64 currency pairs;
  • 4 metals;
  • 11 CFD for indices;
  • 3 CFD for commodities;
  • 15 CFD for cryptocurrency.

ICE FX provides an opportunity not only for independent trading, but also for investing in accounts managed by competent traders with solid experience.

Trading conditions and types of accounts

The broker has three types of accounts: STP, CENT and ECN.

STP-accounts are divided into three kinds:

  • STP-Demo — it is an account for training;
  • STP — minimum deposit is 30 dollars, leverage is from 1:1 to 1:300, commission is from 0,0025 % to 0,25 % ;
  • STP УС — minimum deposit is 500 dollars, leverage is from 1:1 to 1:100, commission is from 0,004 % to 0,006 %.

CENT-account — minimum deposit is 1 dollar, maximum deposit is 100 dollars, leverage is from 1:1 to 1:500, order size is from 0,01 lot, , commission is from 0,0025 % to 0,25 %.

ECN-accounts are divided into three kinds:

  • ECN-Demo — it is an account for training;
  • ECN — minimum deposit is 30 dollars, leverage is from 1:1 to 1:300, commission is from 0,0025 % to 0,25 %;
  • ECN-УС — minimum deposit is 500 dollars, leverage is from 1:1 to 1:100, commission is from 0,004 %.

The broker promises to process orders within one second, the democratic management of orders on the ECN account and personal trading settings.

Trading terminal

The popular trading platform MetaTrader 4 is at the clients’ service. You can download a terminal for Windows from the site, as well as a mobile version for iOS and Android.

Affiliate program

The broker has developed and offers its customers to become a member of the affiliate program. For attracting traders to the site, ICE FX promises up to 60% of affiliate earnings of referrals. The broker divides partners into two categories:

  • classic partner — up to 50 % of trader’s commission and up to 35 % of investor’s commission;
  • PRO-partner — up to 60 % of trader’s commission and up to 40 % of investor’s commission.

Broker’s website and technical support

The ICE FX website is inconvenient and complicated. It has only Russian version. The broker provided training with which traders will learn to trade and invest. The site has a news section. The broker holds competitions and promotions.

To communicate with the users, the broker provided an online chat and indicated a phone number. There is an email. Traders can also find answers to questions on a special forum. It is on the ICE FX website.

Conclusion

ICE FX is suspected of fraud. Do not rush to become its client. First, study the site carefully, read feedbacks on the network, and then just make a decision.

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