Broker Ice-FX established in early 2016, but its work was launched only in the fall. And during these few months the company has managed to assert itself as an ambitious, innovative and transparent partner. Ice-FX was able to offer to the market model, which has no analogues in the CIS market - a successful combination of individual trade-tiered system of PAMM management. The peculiarity of the company - model of risk management, limiting risks to traders and managers, the independent audit and the link to MyFxBook.
- The jurisdiction of Ice-FX - Republic of Vanuatu, but in the future offshore registration will be replaced by a more serious controller. A subsidiary of the broker Ice-AM (provides asset management services for institutional investors with a minimum deposit of 50 thousand USD) located in Switzerland and regulated by FINMA.
Ice-FX - broker that has no analogues in the CIS
For individual trade, the broker offers two types of account (not counting the demo):
- STP. The minimum investment amount is $ 100, available metals and more than 50 currency pairs;
- managed STP. A deposit of $ 1,000, increased commission. Mandatory execution of rules of risk management by the trader developed by Ice-FX (max loss for the day and week, reduced leverage).
The only thing that the creators didn’t experiment is the broker platform, offering proven MT4.
The system of PAMM investment of Ice-FX
Model of PAMM investing is a three-tier system (A-C). Elite group A includes managers who are permanent employees of Ice-FX and under the permanent control teams of a risk management of the broker. Features of PAMM system:
- the number of traders of group A includes managers with portfolios from other brokers. Their reputation gained over the years;
- the equity of each account is available online;
- all accounts registered in MyFxBook, investment passwords published openly;
- the size of the maximum drawdown, let's say not more than 10% (all the requirements for risk management are on the official website of Ice-FX);
- in the group C and B managers are selected according not by profitability but by efficiency (sustainability) of the strategy and the optimal risk level.
The investor can select the option to create his own investment portfolio (MOM) of the individual accounts of directors or to invest in the already selected indices (PAMM). There are four indexes, consisting of accounts of different managers: iPro, iMain, iComposite, iMinor. Different levels of risk (martingale and scalping tactics excluded), the yield for the entire period is in the public domain. Each index has a multiplier of variety (Multi-CSS), which can increase the yield. Minimum investment amount - from 1000
Advantages of cooperation with Ice-FX broker:
- segregated bank accounts with Standard Bank (South Africa);
- the interior scheme of dealing is excluded. Broker working by direct withdrawal of quotations of the liquidity provider via STP. One of the main suppliers of Advanced Markets Ltd, the process of withdrawal of quotations can be described as a confirmation of each trader on request;
- quarterly Ice-FX conducts an independent audit of its accounts and work, publishing the results on the website;
- main owner of Ice-FX - Alisher Kurbanov indirect relevance to the UMMC holding (another plus to the reputation of the broker).
Ice-FX focuses on the fact that the company is only a mediator between the trader and the market, but remains the controlling Supervisory authority. The broker's team monitors the limits of risks, transparency in the work of governing and preserving the attractiveness of the investment portfolios.
Verification of the trader is carried out immediately at the time of account opening. You may add funds to the deposit through the international payment system, ePayments, Skrill and Neteller. With other systems (WebMoney, cryptocurrency) Ice-FX only works via ePayments. The first promotional program is already on the website, in the fall of 2017 it is planned to run tournaments with the opportunity to join a number of governors (prop-trading).
Summary. Ice-FX is the first broker to offer market unique product for active, passive investors and professional managers. In contrast to existing PAMM model Ice-FX offers account managers with a rigorous system of risk management. The system is in the public domain, verified by independent audit and each investor can monitor its compliance and management. For independent trading broker created all the conditions for fast, fair and open execution. Ice-FX management is actively chatting with traders at several leading forums and blogs, explaining the specifics of the company. Sure, you will not be disappointed when acquainted with Ice-FX closer!
Ice-FX - custom solutions and total transparency!
Year of foundation: 2016
Location: Govant Building, BP1276, Port Vila, Vanuatu
Minimum deposit: 100 USD
Leverage / Profitability: 1:50 - 1:200
Available assets: 50
Trading platforms: Metatrader 4
Other tools: Currency pairs, metals, spot
Payment systems: ePayments, Skrill, Neteller