External audits supplement IC Markets’ operational and accounting processes and ensure regulatory compliance.
IC Markets is a member of the Australian Financial Complaints Authority (AFCA) (membership number: 13527). AFCA is an approved Australian external dispute resolution scheme that fairly and independently resolves disputes between consumers and financial service providers that are members of AFCA.
IC Markets banks with the National Australia Bank (NAB) and Commonwealth Bank of Australia (CBA), both top-tier Australian Banks.
Professional Indemnity Insurance is maintained.
When funding your trading account client funds are held in client segregated trust accounts at Australian Banks, National Australia Bank (NAB) and Commonwealth Bank of Australia (CBA). IC Markets complies with the Australian Client Money Handling Rules and employs strict policies and procedures regarding the maintenance and operation of these accounts.
IC Markets holds client money separately to company funds and does not use these funds for any operational expenses or purposes. Our Product Disclosure Statement outlines our client money handling policies.
In accordance with the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Act 2006, IC Markets has its AML/CTF program in place to ensure we comply with AML/CTF legislation. AML/CTF programs are vital in identifying, disrupting and preventing money laundering and terrorism financing. Our Anti-Money Laundering policy outlines the documents that you must provide us before opening an account.