So I tried to withdraw all my funds from IC Markets then they sent me this email

As a IC Market user outside of Australia - Why did they send us the ICMarkets (SC) email in the first place? Should we trust this and did anyone else receive this email after their withdrawal request?? lol


Dear Client,

You may have received an email from International Capital Markets (AFSL 335692) regarding the new regulatory developments within Australia on 21st of June 2019.

We would like to inform you that IC Markets will keep your trading accounts under ASIC regulation without any changes.

This means your Security of Fund and Trading Conditions will remain unchanged after 1st July 2019.

Should you wish to continue trading with IC Markets under ASIC Regulation, you can login back to your Secure Client Area to cancel the withdrawal requests before market opens on Monday.

To cancel your withdrawal please login to the secure Client Area: xxx

Select “Withdraw Funds” under the Transfers menu and click on the “x” symbol next to the requested withdrawal item to cancel.

If you are having difficulties cancelling your withdrawal request from your Client Area, you can send an email with the subject of “Withdrawal Request Cancellation” to icmarkets and our Accounts team will assist you as soon as possible.

We wish to express our apologies for the late update on this matter.

We hope to continue this relationship in the coming years with great reverence and respect.

Kind Regards
IC Markets

So now we all know the one who caused this move. It has to be you. Please refund so they will not move to unregulated territory and scam us even more than they do already.

It does not mean you can’t withdraw. If your request status remain unchanged, I think they’ll process your withdrawal.