IC Markets’ March Trading Volume Tops $1 Trillion

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William Berg
Securities Law Expert
William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.
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James Barra
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James is Head of Content and a brokerage expert with a background in financial services. A former management consultant, he's worked on major operational transformation programmes at top European banks. A trusted industry name, James's work at DayTrading.com has been cited in publications like Business Insider.
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Tobias Robinson
CEO and Head of Broker Testing Panel
Tobias is the CEO of DayTrading.com, an active investor, and a brokerage expert. He has over 30 years of experience in financial services, including supervising the reviews of more than 500 trading brokers, and contributing via CySEC to the regulatory response to digital options and CFD trading in Europe. Tobias' expertise make him a trusted voice in the industry, where he's been quoted in various financial organizations and outlets, including the Nasdaq.
Updated

ASIC-licensed forex and CFD broker, IC Markets, reported record trading volumes of $1.04 trillion in March 2021. The latest figures even beat the volumes seen in March of the previous year. The recent monthly stats also mean IC Markets posted Q1 trading volumes of $2.84 trillion, another record for the broker.

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Increased Demand Among Retail Traders

IC Markets saw uptake across its product range, including forex, stocks, cryptos, commodities and futures. The increase in demand also comes after the broker expanded its selection of digital currencies with Ethereum, Litecoin, Bitcoin Cash and Dash, in addition to introducing a collection of popular share CFDs. The move caught the attention of a number of prospective retail traders and helped the broker to diversify its client base.

Commenting on the 19 percent increase in the 2021 Q1 figures, IC Markets CEO, Andrew Budzinksi, noted “Our focus has been on providing our customers with the best possible trading experience. By offering more choice, our clients can now diversify their portfolio into new asset classes”.

About IC Markets

IC Markets is among the best online trading brokers. With over a decade operating in the financial markets, the company has refined its offering to provide a top-tier trading experience for clients. Users can access MetaTrader 4, MetaTrader 5, and cTrader. All platforms are available on desktop and mobile devices and promise instant and pending order types, in addition to automated trading.

IC Markets trading
IC Markets trading platform

IC Markets is regulated in Australia as well as holding a license with the CySEC in Europe. The forex broker offers an extensive portfolio of trading products alongside leverage up to 1:500 and zero-pip spreads. Throw in a long list of deposit and withdrawal methods plus a choice of live accounts to suit varying needs, and it’s perhaps unsurprising that the broker’s trading volumes are on the rise.

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IC Markets is a globally recognized forex and CFD broker known for its excellent pricing, comprehensive range of trading instruments, and premium trading technology. Founded in 2007 and headquartered in Australia, the brokerage is regulated by the ASIC, CySEC and FSA, and has attracted more than 180,000 clients from over 200 countries.