IC Markets

IC Markets
Private
Industry Financial services
Founded 2007 (2007)
Founders Andrew Budzinski
Headquarters Sydney, Australia
Area served
 Worldwide
Website www.icmarkets.com

IC Markets is an Australian-based online ECN forex broker firm.[1][2] The company is one of the biggest online retail foreign exchange brokers.[3][4] IC Markets specializes in CFDs over Forex, Indices, Commodities, Bonds, and equity markets in Asia and Europe.[5]

History

IC Markets was founded in 2007 in Sydney, Australia by entrepreneur Andrew Budzinski. Ashton La'Bepete, a young entrepreneur from South Africa, identified Budzinski's vision and invested into a silent partnership agreement. In 2009 the company received an Australian Securities and Investments Commission license.[6]

In 2015, IC Markets announced that it would cover negative balances following the Swiss Franc flash crash which occurred on January 15, 2015.[3]

In September 2017, IC Markets announced record trading volumes for the month of August totalling 343 billion USD.[7]

References

  1. ↑ "IC Markets Becomes Latest Broker to Brace for Potential Brexit Impact". Finance Magnates.
  2. ↑ "IC Markets Review". Eglise La Combe.
  3. 1 2 "IC Markets Covering Negative Losses". Finance Magnates. 5 February 2015.
  4. ↑ "IC Markets". Crunchbase.
  5. ↑ "Automotive IC market falls". Electronics Weekly.
  6. ↑ Ian, Douglus (23 July 2018). "The final review 2018 for International Capital Markets Broker". Engine Forex Broker. Retrieved 2018-08-12.
  7. ↑ "Australia Retail FX broker IC Markets reports record volumes of $343 billion for August". Leaprate.
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