IC Markets still stays strong & unaffected after the recent crisis took place in the Forex Market.

The Swiss National Bank (SNB) made an unpredicted announcement, that it would withdraw the cap on the Swiss Franc’s value against the Euro due to which many brokers faced huge losses and some brokers went bankrupt. But IC Markets stays strong and was not largely affected, they stays the business as usual.

As per IC Markets, in the wake of exceptional market events caused in recent times due to actions taken by SNB, they have reassured their client’s that their robust risk management processes has helped them to continue their Business as usual. These actions taken by SNB have taken many in the industry by shock and resulted in extreme instability in the forex markets. But IC Markets remains still the same. As in December, 2014 IC Markets had assessed the risks associated with this pair and also had reduced the leverage offered to their clients. Consequently because of the pre-emptive measures taken by them, they were able to diminish the impact of negative client equity and were also able to provide additional protection to their clients.

“Our financial position remains strong and above our regulatory requirements with trading unaffected. As always client funds are held in segregated accounts with leading Australian banks NAB and Westpac”, says Andrew Budzinski, Managing Director of IC Markets. IC Markets never leaves any stone unturned to achieve their promise of providing their clients with the best trading environment possible. Their staff is still working as fast as possible to resolve all Clients inquiries & requests.

If you want to know more about the recent crisis took place in the Forex market due to the Swiss national bank (SNB) announcement and its effect on IC Markets, visit their site today. For further questions or if you require any assistance, you can also contact one of their support team members via Live Chat, email: [email protected], or can call at +61 (0)2 8014 4280.

About the Company:

IC Markets was united in Sydney, Australia in 2007 by a group of experts who aims in providing simple trading solutions to forex traders. They provide true ECN trading environment and latest trading platforms and technologies to their clients where they will be able to earn more return of their investments. Their offered services include exchange of metals and resources along with currency exchange, Index CFD trading, demo account to practice trading skills, most recent trading platforms and much more.