Is anyone else having trouble with IC Markets spreads?

[Desvydrox]

For the past two weeks I have noticed that spreads at IC Markets, especially at nighttime (European time)

[Vorno8]

I've noticed it, too, and not just in EUR/USD. In GBP/JPY spreads shoot out of nowhere, even in moments of little movement. I don't think it's serious coming from a broker who brags about having ultra-low spreads.

[JiesnresTorwz]

It happens to me the same way, but only when I use the RAW account. In the standard it is still �acceptable�, although with hidden commissions in the execution. I suspect they are manipulating more than they admit.

[cesSesbescunos]

You complain about IC Markets and have not yet tasted the hell it is to operate on �kitchen� brokers. This, at least, is regulated Australia. If you don�t like it, move to a pure ECN, but then don�t cry for swaps.

[Horesynnes.C]

I've been with them for years and I've never had any serious problems... until now. What the creator says is true. I've had 3 stopouts this week for spikes that didn't show up on TradingView or other platforms.

[Desvydrox]

Exactly. It�s not just the spread, it�s also weird execution. I had a 4-pipe slip in a limited order on AUD/USD... and there was no news! I think they�re starting to pull more from the dealer side than from the actual ECN.

[vSesdu28]

Instead of crying so much here, why don't you open a ticket with support and share what you say? Because I did it, you answered me in 10 minutes and adjusted the spread manually with refund. It's not perfect, but at least they respond.

[hair.aN.tuCo]

Did they adjust the spread manually? Well, they told me it was �market condition� and they couldn�t do anything. Do you have a VIP account or did you just get a nicer agent?

[UAXC92]

They are deriving more liquidity from secondary providers, which is why there is more noise in the execution. I was confirmed by an internal contact. And yes, it mainly affects accounts with lower volume.

[Desvydrox]

Then stop selling smoke with your �institutional spreads� marketing. If they treat you differently for trading 2 or 20 lots, they should clarify it on their page. Zero transparency.

[SesresNornesndwzG]

Don�t be fooled, all brokers do this at some point. When they get enough retail clientele, the �backend adjustments� start. It happened with Pepperstone, with FXTM and now IC Markets goes the same way.

[Esndrosuxxaynd]

I changed to Darwinex and I haven't looked back again. I'm not saying it's perfect, but at least there are no Chinese stories with spreads. And yes, I had a hard time assuming the fixed commission, but I prefer that than playing roulette with my stops.

[Desvydrox]

I am now testing FP Markets as an alternative and, frankly, spreads look much more stable. Maybe it�s time to open debate on really ECN brokers and not just those that look like it.

[esnTknua.ToC]

FP Markets also has its lights and shadows. Don�t idealise. But the IC Markets thing lately is brazen. In Anglo forums alarms are starting to sound too.

[Desvydrox]

Thank you all for sharing. This confirms that it is not my paranoia. I will continue to observe this week and if the behavior is maintained, I close the bill and I leave. I will not keep throwing pips because of its �changing liquidity�.

[Desvydrox]

I have been reviewing in more detail what is happening with IC Markets and, after analyzing multiple factors, I realize that the problem goes beyond spreads. I have compared real executions between IC Markets and other brokers like Pepperstone, FP Markets and even Darwinex, and notice a clear difference in how they behave to low liquidity conditions. While other brokers maintain some stability (although with wider spreads at times)

[jttohC]

I did backtest with real data and there are loops that aren't explained even with news.

[Norzato13]

That happened to me, too, and the price got me and the TradingView didn't even move from there.

[cTC23]

Tremendous analysis, thanks for sharing. This type of info is worth more than any video on YouTube.

[qiuqwsesstrog]

I already opened account in another broker. IC was good, but something is changing and not for good.

[NRODAAXRTK]

Do you have captures or execution reports to compare? It would be useful to see specific cases.

[Tesrucua]

If it wasn't for the good leverage and speed of the server, I'd be gone by now.

[TuSi89]

Thank you for taking the time to write this. Very complete, well argued and with real data. It helps us a lot to those who still doubt whether to continue with IC Markets or not.

[bSesckesddor87]

And are you absolutely sure it wasn't a local connection error or your VPS? Sometimes the lag comes from the trader's side and not the broker's.

[Sesntuxx]

Thank you so much for this detailed info. You gave me just what I needed to reassess my strategy with this broker.

[CosCuCCaresSvuco]

Brutal contribution. This type of comparison between brokers is pure gold. The level of analysis is appreciated.

[AxruboS]

Isn't it that you're over-analyzing the night spread? All brokers expand it when liquidity drops, it's not exclusive to IC.

[SicesygaCwz78]

Have you tried contacting the broker's compliance directly? Sometimes support doesn't have the tools to respond clearly.

[crustunesDXX]

Thanks for the post. It helped me to better understand how routing can influence actual execution.

[cardabesnadwrCo21]

It is appreciated that you have shown your experience objectively. That is worth much more than the usual baseless complaints.

[sesc2015]

Will it not simply be an internal adjustment for market conditions? IC still has low spreads most of the time.

[swussjiSuot]

I've been with them for two years and I've never had any serious problems.

[Sttrodakdtt]

Did you notice if the Spikes match news moments? That can also cause unrecorded movements on other platforms.

[bSesncesrwcak]

I was thinking about opening an account with them, but I'm going to test more before I make up my mind.

[EsnnukesAxyi]

Excellent summary, it's nice to see someone share without fanaticism or hatred, just facts.

[xTchesvwz]

What if what you saw was a simple difference in liquidity between brokers? It�s normal that they don�t all have the same suppliers.

[sesncaSgess]

Have you reported those spikes with captures to the IC support? What exactly did they tell you?

[34]

Your explanation of the difference between pure ECN and what IC is doing now was very clear. Thank you for that.

[Todrajarqwres1]

This is worth more than 10 reviews on TrustPilot. Really, thank you for the input.

[Hoktu]

Don't you think you might be jumping to conclusions? A couple of bad operations don't always reflect a structural problem.

[TodraToruqiuxxa]

You could also check if the instruments you use are not more exposed to low liquidity. CAD, for example, usually has these peaks.

[ToTuxxu]

Great analysis, it opened my eyes to details I'd overlooked.

[SiusNu70]

Seriously, what a piece of explanation, so it can be discussed on a basis.

[Toqiuora17]

Do you think the problem comes from IC as a broker or the liquidity provider they use? Sometimes it�s the middleman�s fault.

[EsnkaC]

I still don't understand why you don't use an external bridge if you have an institutional account. Did you try it?

[caCatocaContesbes]

I hadn't noticed about the ghost spikes, but now that you mention it, it happened to me in GBP/JPY. Thank you crack.

[UdesSesy09]

Thank you, very useful data on customer support levels. I did not know that they made distinctions between users.

[EsdresynVV]

Don't you think IC is still a better choice than brokers like FXCM or eToro? At least they're not declared market makers.

[Nkrdg]

Did you also compare the execution speed on NY vs London servers? Sometimes it changes a lot.

[Woodawsku]

I had a stop run 8 pipes out of my level. IC replied that it was �insufficient liquidity.� Something is rare.

[EsraxndaarCi85]

Thankful for the clarity and the way you expone everything. It serves us to make decisions head on.

[Esrtiracabttgitu]

This should be in sticky, you worked it out and it shows up.

[Axresyb9000]

Have you checked if the platform was up-to-date? Sometimes those problems come from faults in the terminal.

[wesSox]

I also had unreplicated movements in TradingView. It�s frustrating, but it�s not always the broker�s fault.

[Tairdd]

Very good contribution. I'm going to check the slide too. Thank you for raising the issue.

[Shesres96]

You helped me understand why sometimes my trailing stop jumps weird.

[jiaxesesS]

Isn't it that you're looking for perfection in an environment that by definition is chaotic like the market?

[nubuS]

Nor is it to dramatize so much. Night spreads have been around forever.

[suSvuuSs]

If there's no equal treatment between traders, it's time to question everything.

[gCtbiu]

It would be great if you upload an Excel or comparative chart if you have it.

[urusnr]

That's a good thread, so it's good to read trading forums.

[TuSesrNcessora]

What if instead of so much technical analysis you try to migrate to a real DMA broker? IC may just not be what it was anymore.

[Sutraax]

But then, what broker would you stay with as a solid alternative to IC Markets?