ICE FX Journal

Journal status: live
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ICE FX Profile
Website
Year
2015
Country
Malaysia
Branches
1
Regulation
FSA Labuan
Investor protection
Fund protection
no
Publicly traded
no
Restricted countries
Not serving
...
Broker type
STP
Dealing book
A-book
Tier
3
Execution speed
1 ms
LPs total
2
LPs quality
Other
LPs names
AT Global Markets UK , GCEX

ICE FX Accounts
STP
Minimum Deposit
30 $
Leverage
300 : 1
Minimum Lot
0.01 lots
EURUSD spread
0.1 pips
Commission
5 $/lotRT
Volume
1000 lots
Margin Call
100 %
Stop Out
50 %
Execution
Market
Spread
floating
Scalping
...
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Is ICE FX safe?

  • Investor protection: no
  • Regulation: FSA Labuan
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is ICE FX trusted?

  • Information transparency: high ★★★★★
  • Customer service: prompt, helpful ★★★★★
  • ICE FX website: highly detailed, updated ★★★★★
  • ICE FX popularity (by visitor count): average ★★★

How ICE FX works

ICE FX works exclusively under the A book model, which means that ALL trades are executed at external counterparties (liquidity providers). This eliminates any possible conflict of interest between the customer and the broker.

ICE FX hedging 100% client positions with external counterparties. Any client can request for online demonstration of the orders executed by them with counterparties in the company's back office.

https://ice-fx.com/en/trading/model?tab=100abook

5.1. The Company provides investment services to the Client for the following Financial Instruments:

5.1.1. Execution of orders on behalf of the Client in respect of contracts for difference on the spot market of Forex and precious metals;

https://static.ice-fx.com/files/Client%20agreement.en.pdf

4. All the Company's trading accounts are STP (Straight Through Processing) accounts and operate on NDD (non-dealing desk) principle. This means that all trading positions are listed on the interbank market.

5. The Company grants clients direct access to interbank liquidity, redirecting their orders to major liquidity providers. In this process, the dealing desk principle is not used, which means that there are no delays and requotes (repeated quotes) when executing the clients' orders. All transactions are executed automatically and anonymously.

6. When applying the STP scheme, the Company does not earn from clients' loss. The Company's income comes from commissions collected when trading positions are executed at a liquidity provider.

https://static.ice-fx.com/files/STP%20reglament.en.pdf

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