Forex broker review. I see market through ezn. In this lesson you will learn. I will try to cover all areas about trading with them, based on the facts showing you proofs of what I say as much as I can running of the company illegal documents.
Regulation account types, deposit, withdrawal spread slip, a to swap support, asset trading platform and tools, copy trading, leverage and finally affiliation program. I try to make it as complete and honest as possible.
There is a gift at the end of the video. When did the company started? Nike market is an australian-based owned, an ASIC regulated through EC and Forex broker. The company is operating since 2007, which means that the company have more than 10 years of experience.
It’s, a good sign of stability and safety for your money. A weak sign will be two to three years. Only then it is regulated in Australia. In my point of view, the United Kingdom and Australia are the most trustworthy in terms of regulation about Forex.
It’s only my point of view, but I trust them more than the size egg, for example, through ezn, to remind you quickly is yen. Electronic communication network means basically that the broker doesn’t trade against you and transmit your orders directly to other liquidity provider and financial actors.
This means that there is no conflict of interest between you and the broker. He pays himself on Commission and the more and the longer you trade, the better for him too, so it should be a win-win situation.
If you win, they win too. So, from my point of view, you trade in safer condition with them. The problem is that a lot of brokers claim to be ezn, but aren’t really and to be sure that they are. You need to take a look at the document you can find generally at the bottom of the welcome page of their website.
It is important that you read all of them since your hard-earned money is involved. Now, let me show you how to find them with icy market and where is written through ezn. So this is the Welcome page of icy market.
When you go down all the way, you will see those document terms, financial service, get produced disclosure statement and the one that interests us from the EC n. To be sure, is this one? So you open it, then you go to the article 4.
7 right here. Pricing model I see market offers, its CFD is based on the modified direct market access pricing model, true EC, an electronic communication network. So this is a legal document, CFD PDS, and if it’s written there, it means most of the time that’s right.
You can also check the regulatory authority in this specific case. They are regulated with ASIC. This is jzuk. You will go and search how a register and you will select search an organisation, and here you will make so named International Capital Markets.
Then you have all this result and actually the only one result you have about International Capital Markets is the first one. So you click on it. This is the website of Asics or Regulation Authority. So, as you can see, you have international capital market, so number of registration and the statues is registered.
If it’s written here unregistered, you have a problem, so it’s, not the case. So all is good. Let’s. Come back to the presentation, verification of your account. I recommend you to verify our account before you deposit any money, and this practice is not with icy market.
It’s with every brokers. When your account is validated by the broker. You receive a mailer that prove regarding the lows that you can withdraw any money. You deposit and the broker has no legal right to hold any withdrawals that you can make this way.
If they do, you have proof that your account is validated and you can use the law to get your money back to verify your account with icy market. You need a photocopy of your ID or passport and the proof of residence, electricity or bank statement deposit and withdraw the minimum deposit is $ 200 for your first deposit.
Once you have opened one account with, then you can deposit less for other account. Let’s, see together the funding page where all the deposit options are. So here is a funding page and, for example, you can deposit by credit card PayPal, net teller, Skrill, UnionPay wire transfer, but with your bank beep, a fess up a broker to broker Poli Thai internet banking, Bitcoin wallet rapid play and all this there is quite a Lot of way to deposit in your account, which is quite nice, then what is important is if you found a trading account when you open it with a specific way like Skrill, you will need to withdraw using this way only for the rest of this account life.
If you want flexibility in your withdrawal method, simply open different trading accounts using different funding platform. This way you can make a transfer inside IC market between two trading accounts and with rows.
The way you like, let me show you an example. You found, for example, three trading account one with Skrill, one with a bank account and the other one with a credit card, then, depending on your result and where you want to is ro: u s, –, which the money from one trading account to another trading account.
Then you withdraw with the account Skrill if you want screed, with the account bank account if you want bank account or with the account credit card, if you want, with R or by clickin that’s as simple as that with rural time from Monday To Friday, it takes usually one day for IC market to process the withdrawal, except when it is wire bank transfer.
It takes a little bit more time two to five day. I think they don’t process with rolls on Saturday and Sunday, like any banks, so anticipate this deposit is instant. Here is my screen statement for the withdrawal proof that I will show you and I hide my personal info by security.
So this is my statement for the current month and the last month and as you can see, there is a lot of I see. Market transfer accepted all the way and the good point, as you can see is you can withdraw a very little amount to to further out and you will not have any fee when you withdraw your money from I see market and when you deposit you don’t have any fee either, which is another very good point.
Let’s, come back to the presentation a little bit outside of the topic, but inside the money to pick for fast withdrawal. If you Skrill or PayPal, you can connect what is called a mobile wallet. This is offered by most mobile operators.
In most countries they connect Visa or MasterCard to it usually, and it’s also connected to your mobile number and it’s like a mini bank account the positive side. Are it permits instant withdrawal 20 seconds on average, usually from Skrill or PayPal? The fee is very low lower when you withdraw money from Skrill of Popeyes and if you go to the bank account or a credit card.
Usually it will be four percent fee. With this specific option, you will pay only two percent fee, so it’s, a very nice tool. Now the negative side, the limited amount is two thousand dollar maximum on average for country where the salary is less than $ 400 per month.
This will not be so much problem, so it’s, a mobile wallet and it can be connected to Skrill or paper.