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General questions about IC Markets (SC)

IC Markets (SC) is a trademark of True ECN Trading Ltd, regulated under Financial Services Authority of Seychelles, Securities Dealer Licence number: SD018.

IC Markets (SC) is a part of the IC Markets group of entities providing online trading services to clients across the globe.Each group member is solely responsible for its clients.
IC Markets (SC) is a part of IC Markets group of companies. Each group member is solely responsible for its clients.
IC Markets (SC) is regulated by the Financial Services Authority of Seychelles with a Securities Dealer Licence number: SD018.
IC Markets (SC) is a trademark of True ECN Trading Ltd which was founded in April 2017 as a related entity of other IC Markets entities. IC Markets (SC) was registered in May 2019.
You may contact our 24/7 dedicated support team via livechat or send us an email at enquiries@icmarkets.com
There are no leverage restrictions on IC Markets (SC) trade accounts. You can enjoy a leverage as high as 1:500 for majority of instruments.

Client money, deposits, withdrawals and negative balances

Client money is held on trust for IC Markets (SC) by IC Markets (AU) with AA rated Australian banks.
Your client moneys continue to be held on trust for you as per the Account Terms. IC Markets (SC) will hold client moneys in segregated bank accounts with AA rated Australian banks. Seychelles laws will apply to your client monies, although the custody of your client moneys by IC Markets (AU) is under Australian law.
Adding funds to your IC Markets (SC) accounts is very easy. We offer a variety of funding methods, including but not limited to Debit/Credit Card, PayPal, Bank transfers, Skrill, Neteller, China UnionPay. You can explore the full range of our payment options here
There will be no changes to the ways you withdraw your funds. Your withdrawal experiences will remain the same as usual.
Your credit risk is solely on IC Markets (SC), so if it goes bankrupt it will depend on all of the claims on IC Markets (SC) and its net resources If any) and any costs of winding up. Client moneys held in segregated bank accounts for IC Markets (SC) with AA rated Australian banks should be available to clients, subject to Seychelles law, including liquidation and winding up practices and the applicable Account Terms. Under current FSA regulations there is no investor compensation fund in case of company's insolvency.

IC Markets (SC) forms part of the IC Markets group of companies. While each entity in the group, including IC Markets (SC), is solely responsible for its trading activities and is not guaranteed or collateralised by any other member of the group. The group’s significant capitalisation reflects its capacity to meet demands and act responsibly to its clients.
No, IC Markets (SC) does not offer negative balance protection. IC Markets (SC) has an automated stop out policy to protect against negative balances. This will close the least profitable trade when the equity reaches 50% or below of the margin requirement. However in a fast moving market, this may occur after the account has already incurred a negative balance.
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