IC Markets clients can now take advantage of TipRanks' enhanced analytical suite. On Thursday, the FX/CFDs broker announced the integration of its platform with research tools supplied by TipRanks, including insights into the stock market, ETFs, and mutual funds.
IC Markets Collaborates with TipRanks
As part of the latest collaboration, IC Markets clients will have access to a range of tools that track market sentiment, analytical ratings, and the most trending investment instruments. For example, the News Sentiment tool monitors headlines from over 130 financial-themed websites, preparing indicators that show bullish or bearish media attitudes toward selected assets. Additionally, the broker's clients will gain access to the Hedge Funds Activity tool, which checks how the portfolios of large investment institutions are changing.
"TipRanks' investment research tools will undoubtedly enhance the user experience of IC Markets Global clients, giving them unprecedented access to analysts’ ratings and stock recommendations," commented Uri Gruenbaum, CEO of TipRanks. "This new collaboration builds upon TipRanks' mission of leveling the playing field for all investors."
TipRanks recently entered new markets, establishing a partnership with TBC Capital in Georgia. Finance Magnates recently spoke with Joseph Craven, TipRanks' Global Head of Enterprise Solutions, to learn more about the company's new MetaTrader plugin and other offerings.
IC Markets Joins Prop Trading Industry
IC Markets is also continuously expanding its offerings. The company acquired a license to operate in Kenya in early May, allowing it to expand into Africa. Previously, it joined the industry trend as the fourth major FX/CFD broker to present a prop trading offering.
Within its ICFunded product, the broker offers funded accounts ranging from $5,000 to $500,000, with a profit split up to 80%. The cheapest challenges start at $49, and participants must achieve profit targets in two subsequent phases: 10% in the first and 5% in the second.
It appears, however, that the platform is still in the beta testing phase.
If you want to learn more about the FX/CFDs brokers' prop trading offerings, check out Finance Magnates' review.