IC Markets Announces Record ECN Forex Trading Volumes in Q2

July 3, 2012 - PRLog -- International Capital Markets Pty Ltd (IC Markets), one of Australia’s leading and most innovative forex brokers announces record trading volumes since the addition of its new True ECN trading platform.

IC Markets saw record trading volumes and client account applications in the second quarter of 2012. Client account numbers were up 42% in the second quarter of 2012 this was accompanied by a 38% increase in forex trading volume from Q1. IC Markets continues to expand globally with trading volumes from regions outside of the Asia Pacific region increasing by 34% from Q1, the most notable volume increase occurring from clients in the European and Middle Eastern regions.

Managing Director of IC Markets Andrew Budzinski said: “We are excited to see that the trading community has adopted our True ECN Forex trading platform in record numbers, making IC Markets one of the fastest growing forex providers in the world”.

“Our ongoing commitment to understanding clients needs and providing them with trading solutions has always put us ahead of the industry, we are very pleased to see that once again we have provided a solution that meets the demands of the forex community”.

IC Markets MetaTrader 4 True ECN Forex trading platform allows retail forex traders access to:

•   True ECN market place with spreads from zero pips, the lowest spread offered by any Australian based broker;
•   400:1 leverage;
•   One-Click Trading and full market depth;
•   Access to interbank liquidity from over 36 different banks;
•   Micro-lot trading;
•   41 currency pairs plus gold and silver;
•   Commission rates of only $3.50 per lot; and
•   High speed servers in the NY4 data centre.

An IC Markets MetaTrader 4 True ECN forex trading account can be opened with as little as USD $200 and can be accessed via iPad, iPhone, Android, Blackberry and Windows based mobile phones.

Andrew Budzinski added: “IC Markets has clients in over 59 different countries trading on our market leading True ECN trading platform, this is testament that traders globally have embraced our offering”.

A True ECN forex platform allows traders the ability to hedge, scalp, and use any type of automated or manual trading strategy. There are no restrictions on how close stop loss or take profit orders can be placed to the current market price. IC Markets MetaTrader 4 True ECN platform is ideal for Expert Advisors and traders who scalp the markets.

A demonstration of IC Markets new MetaTrader 4 True ECN platform can be downloaded from the following link: http://icmarkets.com.au/Metatrader-Demo-Account.htm

Notes to Media

About International Capital Markets Pty Ltd (IC Markets).

Headquartered in Sydney, International Capital Markets Pty Ltd is a provider of online forex and CFD trading services, offering individual traders, money managers and institutional customer’s proprietary technology, tools and education to trade online. IC Markets has distinguished itself among industry leaders with its unique ECN forex technology, proprietary tools and services, and remarkable focus on customer service. With turnover well exceeding tens of billions each month the company is one of the leading brokers in Australia. IC Markets is regulated by the Australian Securities and Investments Commission in Australia.

Forex trading may not be suitable for everyone so please ensure that you fully understand the risks involved. Please consider IC Markets PDS available from IC Markets before entering into any transaction with us.

For further information, visit http://www.icmarkets.com.au (http://www.icmarkets.com.au) or contact IC Markets by telephone on: +612 8014 4280 .