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IC is not what it used to be years ago, and they raise more and more red flags as time goes by. Same goes for big brokers like XM and FXCM in my opinion
As a trader, I love to trade with broker that offer me some bonus, but I see here, IC markets don't have any bonus, maximum leverage is 1:400 and IC just have fixed spread, it is hard for me to choose IC as my broker. There are another forex broker with more benefits.
I switched away from them as well over to CMC Markets, one of the oldest brokers in the world and they aren´t placed as offshore business like IC Markets.