Iceberg Broker review Iceberg Broker information and prmotions
Company: | Iceberg Brokers LTD |
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Founded in: | 2012 |
Online since: | 2012 |
Offices in: | |
Payment options: | Meta Trader 4 |
Demo Platforms: | Euro, Great Britain pound, Swiss franc, United States dollar |
Account currencies: | Euro, Great Britain pound, Swiss franc, United States dollar |
Currency pairs: | AUD/CAD AUD/CHF AUD/JPY AUD/NZD AUD/USD CAD/CHF CAD/JPY CHF/JPY EUR/AUD EUR/CAD EUR/CHF EUR/GBP EUR/HUF EUR/JPY EUR/NZD EUR/USD GBP/AUD GBP/CAD GBP/CHF GBP/JPY GBP/NZD GBP/USD NZD/CAD NZD/CHF NZD/JPY NZD/USD USD/CAD USD/CHF USD/DKK USD/HUF USD/JPY |
Regulated by: | FSP New Zealand |
US Traders welcome?: | No |
Bonus? (detailed): | |
Website available in (languages): | English |
Support available in: | English, Hungarian |
Support methods: | Call Back, Email, Phone, Web Form |
Account Types (micro standard executive islamic): | ECN/STP |
Minimum account size: | $3,000 |
Minimum position size: | 0.1 lot |
Spread type: | Variable |
Minimum spread on EUR/USD, pips: | 15 pips |
Scalping: | Allowed |
Expert Advisors: | Allowed |
Trading instruments (GOLD; CFD, etc. and the leverage): | Forex – 1:100, Gold & Silver – 1:100 |
Number of currency pairs: | 31 |
Trading platforms: | Meta Trader 4 |
Trading by telephone: | Yes |
Islamic accounts available: | |
Bonus offers: | Yes |
Hedging: | Yes |
Overnight interest rates (swaps): | Yes |
Trailing stop: | Yes |
Free education: | |
Mobile trading: | Yes |
Browser-based platform: | Yes |
Iceberg broker is an ECN/STP broker and working with them can help you learn a lot about ECN/STP trading. They carry out lots of contests and if you are smart enough you can end up getting an account with them with real money. They can help you do real forex trading with ECN/STP account without a dealing desk. The platform offered by them is Meta Trader 4 which is the most used and trusted software in the forex market. You can enter the 4 trillion forex market through Iceberg broker with no strings attached to it.
There are many advantages of trading with Iceberg broker accounts. They have the lowest spread which starts from 1.5 pip. To the retail customers they offer variable spreads and also account rebates. They have about 30 different instrument in which you can trade with just one click. They also offer CFDs on precious metals. If you are into spot trading the commission will be zero. If you look at the execution part, they have automated trading. The providers of liquidity do not look at your stops, entry ordrs and limits. They have a demo contest in which you can start trading with 100 EUR, virtual money and earn real money. They are regulated by FSP in New Zealand. However, they do not entertain traders from United States of America. The mobile trading is also provided to the customers who like to trade even when they are on move. The customer support service is excellent and very responsive. However, the disadvantage is that their website is only available in English and the customer support service is available in English and Hungarian. The payment option includes only wire transfer. They also have personal managers to help the traders conduct successful trading.
If you are planning to choose a forex broker to start trading then it is advised to go through various reviews posted by the clients. This will give you a clear insight about the broker, his services and performance in the market. Most of the reviews speak about their low spread which helps them get more and more profit in the trade that they do. They are regulated is also one thing which attracts customers. The demo account has MetaTrader 4 platform which has all the features and they give 100 EUR as virtual money to do the trade and allow them to earn real money. This is a unique feature which sets it apart from other brokers. They allow hedging and hence liked by many clients. Some of the cons mentioned in the review is that they do not have much payment options. The only payment option made available to the clients is wire transfer. The website is also available only in English. The customer service though is very useful is available only in English and Hungarian language. The minimum deposit required is $3000 and so llack of mini account is concern for some traders. The average rating given to them is 5.8 out of 10.» Sign up now