IC Markets is an ECN Forex broker in Australia. The company has obtained a license from ASIC, the regulatory board for financial services in Australia, making all transactions legal. ICMarkets also offers ECN trading conditions with variable and low spreads, zero requotes, and fast execution of orders. Connected to its leading liquidity providers is its Metatrader 4 platform, which allows traders to trade with low spreads.
IC Markets also allows its customers the ability to connect with their trading accounts through their mirror trading platform, Myfxbook Autotrade. This allows traders to copy all transactions from any trading system they have selected. Moreover, traders are executed directly on the MT4 account of the platform with the trader’scapital.
Advantages of Using IC Markets Myfxbook Autotrade
- Using only the best trading systems for trade copying
Myfxbook only shows systems that are profitable to the user. The trader does not have to search through thousands of systems. Myfxbook only shows the best income-generating profits chosen by the experts in the platform.
- Only real accounts can be signal providers
Myfxbook only allows real accounts to be a signal provider. Doing so lets traders know that their money is safe and aptly handled through legitimate accounts and processes.
- Incentives aren’t volume based
Trading signal providers are discouraged from making volume-based trade besides making profitable trades. Since there are no incentives, the creator of the system will most likely retain their current trading systems.
- Statistics are up-to-date and accurate
Trading systems are up-to-date with accurate statistics. Users then know that they are only transacting with systems with the best features for their needs and investment incentives.
- Total control and fees remain transparent
Users have complete control over the system, allowing them to remove or add trading systems at any given time. There are no hidden fees as the system maintains transparency.
Additionally, users do not need to install complicated software or pay commissions based on trading volume. Using it is simple – just connect your trading account with Myfxbook and select the desired system or signal provider.
Also read: FXTM Invest Copy Trading Review
