IC Markets Review: Detailed Analysis & Insights

Explore our thorough IC Markets review where we evaluate key aspects such as trading platforms, account options, fees, and customer support. Gain the insights you need to decide if IC Markets aligns with your trading goals.

IC Markets Logo

IC Markets Overview

Brief look at IC Markets

IC Markets is a leading forex and CFD broker, well-known for its exceptional trading conditions and advanced technology. Established in 2007 and regulated by multiple top-tier authorities, including ASIC, CySEC, and the FSA Seychelles, IC Markets has earned a solid reputation among retail and institutional traders alike. The broker is particularly favored by scalpers, day traders, and algorithmic traders for its ultra-tight spreads, fast execution speeds, and no-dealing-desk (NDD) model. With access to powerful platforms like MetaTrader 4, MetaTrader 5, and cTrader, IC Markets offers a seamless trading experience across various asset classes, including forex, indices, commodities, and cryptocurrencies. Its focus on transparency, competitive pricing, and exceptional liquidity ensures that traders can execute strategies efficiently. However, while IC Markets excels in trading infrastructure, it offers limited educational resources, which may not fully cater to beginners.

Pros

  • Regulated by top-tier authorities (ASIC, CySEC)
  • Tight spreads starting from 0.0 pips on Raw Spread accounts
  • No dealing desk (NDD) model ensures transparent and fast execution
  • Excellent platforms: MetaTrader 4, MetaTrader 5, and cTrader
  • High liquidity and competitive pricing ideal for scalping and algorithmic trading
  • Wide range of tradable assets, including cryptocurrencies
  • Dedicated 24/7 customer support

Cons

  • Restricted availability in some regions due to regulatory constraints
  • Withdrawal fees may apply for certain methods

Is IC Markets available in my country?

We just checked and

IC Markets doesn't accept clients from United States!

Find me a Broker

Your capital is at risk

IC Markets Reviews

4.6/5
5 reviews
ForexExpert77

IC Markets is a top-notch broker with ultra-low spreads and fast execution on MT4. The minimum deposit is reasonable, and the variety of account types is great for all trading styles.

3/15/2024
Trader_Pro

I’ve been using IC Markets Global for a year now. The leverage options are excellent, and MT5 is very stable. However, the withdrawal fees could be more competitive.

4/5/2024
BeginnerTrader

The demo account helped me practice trading before going live. IC Markets is regulated and offers reliable platforms. Downloading MT4 and logging in was straightforward.

2/20/2024
EuroTrader

IC Markets is one of the best brokers in the EU market. The spreads are incredibly tight, and the trading fees are transparent. The only downside is the limited educational materials for beginners.

3/30/2024
ScalperX

Perfect broker for scalpers! IC Markets’ execution speed and tight spreads make it ideal for my strategy. The range of account types and leverage options is unmatched.

1/15/2024

Leave a Review

Is IC Markets regulated?

Companies
Raw Trading Ltd, International Capital Markets Pty Ltd, IC Markets (EU) Ltd, IC Markets (KE) Limited
Countries
Seychelles, Australia, Cyprus, Kenya
Regulators
SFSA, ASIC, CySEC, CMA
Investor Protection
Investor Compensation Fund (ICF)
Investor Protection Size
€20 000
Publicly Traded
Segregated Accounts
Guaranteed Stop Loss
Negative Balance Protection

IC Markets Account Types

Standard
Deposit: $200
Lot Size: 0.01 lots
Spread Type: Floating
Execution: Market
Min Spread: 0.6 pips
Fee: No
Max Leverage: 1:500
Stop Out: 50%
Margin Call: 100%
Raw Spread
Deposit: $200
Lot Size: 0.01 lots
Spread Type: Floating
Execution: Market
Min Spread: 0 pips
Fee: $7 per 1 lot
Max Leverage: 1:500
Stop Out: 50%
Margin Call: 100%

Additional Features

  • Demo Account
  • VIP Account
  • Swap-Free Account
  • Copy Trading
  • VPS
  • PAMM/MAM Accounts

IC Markets Funding and Fees

Base currencies
USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, HKD
Funding Methods
Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, Bpay, FasaPay, Klarna, POLi, Rapidpay
Inactivity Fee
Interest on Margin
Withdrawal Fee

IC Markets Trading Platforms and Conditions

Trading Platforms
MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView
Execution Speed
40 ms
Scalping
Expert Advisors (EAs)
Depth of Market (DOM)
Spread
low

IC Markets Trading Assets

Currencies
61
Indices
25
Stocks
2175
Cryptocurrencies
21
Bonds
10
Metals
7
Energies
5
Soft Commodities
8
ETFs
38

Education and Analytics

Economic Calendar
Indicators
Robots
Signals
Autochartist
Expert Analytics
News Feed
Education Articles
Webinars
Seminars

IC Markets Support

Facebook
LinkedIn
Instagram
Twitter

IC Markets vs Competitors

FeaturesIC MarketsPepperstoneExnessXTBOANDAXM
TypeECN, DMAECN, DMAMM, STP, ECNMMSTPMM
Minimum Deposit$200$1$10$1$1$5
RegulatorsSFSA, ASIC, CySEC, CMAASIC, SCB, CySEC, DFSA, BaFin, CMA, FCAFCA, SFSA, FSCA, FSC, BVIFSC, CySEC, CBCS, CMABFSC, KNF, AMF, ACPR, FCA, CNMV, DFSA, BaFinNFA, CFTC, ASIC, CIRO, FCA, JFSA, BVIFSC, MAS, KNFBFSC, CySEC, ASIC, DFSA
PlatformsMetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingViewMetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingViewMetaTrader 4 (MT4), MetaTrader 5 (MT5)xStationMetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView, fxTradeMetaTrader 4 (MT4), MetaTrader 5 (MT5)
Spreadlowlowlowaveragelowlow
Leverage1:5001:5001:20001:5001:2001:1000
AssetsCurrencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft CommoditiesCurrencies, Indices, Stocks, ETFs, Cryptocurrencies, Metals, Energies, Soft CommoditiesCurrencies, Indices, Stocks, Cryptocurrencies, Metals, EnergiesCurrencies, Indices, Stocks, ETFs, Bonds, Metals, Energies, Soft Commodities, CryptocurrenciesCurrencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, Soft CommoditiesCurrencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, Soft Commodities

FAQ

Is IC Markets safe?

How does IC Markets make money?

What is the minimum deposit for IC Markets?

How do I deposit funds in a IC Markets account?

How do I withdraw money from IC Markets?

How much is the maximum leverage at IC Markets?

What trading platforms does IC Markets offer?

Find me a Broker
Broker is not available in