Headquartered in Malaysia, ICE FX is an online trading broker that offers over 63 trading instruments across 5 asset classes, such as forex, metals, indices, commodities, and cryptocurrencies. Aside from trading services, ICE FX also offers an investment platform for investing in managed accounts. They operate the STP execution model and ensures that traders get all the necessary trading and learning tools required for hitch-free trading.
ICE FX Review Introduction
In this ICE FX review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including ICE FX.
ICE FX Platforms & Tools
ICE FX provides traders with the popular MetaTrader 4 platform. It has a fully customizable and intuitive interface with a large range of built-in tools for conducting thorough market analysis. It also supports automated trading via expert advisors. The MetaTrader 4 platform is available as a desktop application for Windows and Mac computers, a webtrader version that runs directly on most modern web browsers without the need for installing any application, and a mobile app for iOS and Android devices.
Trading tools such as risk management tools, VPS, and Tradebox, are provided by the broker to ensure a smooth trading experience.
ICE FX Research & Education
There is a good selection of educational materials on the broker’s website to help traders in making informed trading decisions. Those materials include the News section that contains updates on the latest happenings in the financial markets and the Help section, which is packed with a wide range of trading articles to enhance traders’ knowledge and skills, amongst others.
ICE FX Trading Accounts
The broker offers a variety of different trading account options to meet the individual trading needs of clients. They include the following:
- STP Account: This is denominated in USD and has a required minimum deposit of $30 whilst offering the best possible prices
- STP DMA Account: This account requires the least deposit of $300 to begin trading. It comes as a modification of the STP Account and is designed for the management of investors’ funds
- STP Demo Account: this is basically for practice purposes
ICE FX Account Funding
ICE FX accepts the following payment methods for both account deposits and withdrawals:
- Bank transfer (SWIFT)
- Credit/Debit cards, such as Visa and MasterCard
- Electronic Payment Systems, including Neteller and Skrill.
Some payment methods are not available in specific countries, while the transaction processing time may vary depending on the payment method.
ICE FX Customer Service
The broker provides traders with a customer support team that is always on hand to give instant answers to clients’ general, technical, or account-based inquires. They can be reached via telephone, email, Skype, and Live chat.
ICE FX Regulation
ICE FX is registered with the Labuan Financial Services Authority with the registration number: LL12180 and License number: MB/15/0007U0064.
ICE FX Review Summary
Founded in 2015, ICE FX is a Malaysian based trading broker that offers several financial instruments for online trading via the MT4 trading platform. They provide a range of trading and learning tools, whilst there is a client support team to assist at every point. There are multiple STP account options with a required minimum deposit of $30.
It is worth mentioning that some of the trading products and services in this ICE FX review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the ICE FX broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.