Website: www.icmarkets.com

Minimum Deposit: $200

Leverage: 1:30 | 1:500

Trading Platforms: cTrader, MT4, MT5

Regulation: ASIC, CySEC, FSA

Headquarters: Australia

Founded: 2007

Regulatory Licenses:

• International Capital Markets Pty Ltd – Authorized by ASIC (Australia) – Registration No. ACN 123 289 109 | AFSL 335692
• IC Markets (EU) Ltd – Authorized by CySEC (Cyprus) – Registration No. 362/18
• Raw Trading Ltd – Authorized by FSA (Seychelles) – Registration No. 8419879-2

Quick Navigation

✅ Our Review Method
✅ What is IC Markets?
✅ IC Markets Pros and Cons
✅ Is IC Markets Safe or a Scam?
✅ Leverage
✅ Accounts
✅ Market Instruments
✅ Fees
✅ Spreads
✅ Deposits and Withdrawals
✅ Trading Platform
✅ Customer Support
✅ Education
✅ Conclusion

Our Review Method

IC Markets is a globally recognized broker offering a seamless ECN trading environment. Our in-depth review is based on an extensive comparison of IC Markets against over 1000 brokers, evaluating trading conditions, platform offerings, security, fees, customer service, and regulation.

What is IC Markets?

Established in 2007 in Sydney, Australia, IC Markets has grown into a leading online forex and CFD trading platform. It is renowned for its ECN (Electronic Communication Network) trading environment, which provides institutional-grade liquidity and tight spreads as low as 0.0 pips. IC Markets serves retail and institutional traders worldwide, offering a diverse range of trading instruments with advanced platforms such as MT4, MT5, and cTrader.

IC Markets Pros and Cons

✅ Pros

✔️ Highly reputable and well-regulated broker with ASIC & CySEC licenses
✔️ Offers ECN trading conditions with spreads starting from 0.0 pips
✔️ Multiple trading platforms: MT4, MT5, cTrader
✔️ Comprehensive educational resources
✔️ Wide range of trading instruments
✔️ Flexible funding options and no deposit fees
✔️ 24/7 multilingual customer support

❌ Cons

❌ Trading conditions vary by regulatory entity
❌ Some spreads are slightly higher than industry averages for specific instruments
❌ International trading operates under an offshore entity

Is IC Markets Safe or a Scam?

IC Markets is not a scam. It operates under the strict oversight of top-tier regulators, including the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC). Our Trust Score: 8.0/10, reflecting:

• Segregated client funds for security
• Negative balance protection
• Top-tier banking partnerships

However, international clients are handled by its offshore entity (FSA Seychelles), which offers higher leverage but operates under less stringent regulations.

Leverage

• ASIC & CySEC Clients (Australia & Europe): 1:30
• International Clients (FSA Seychelles): 1:500
• Cryptocurrency Trading Leverage: 1:5

Accounts

IC Markets offers three main account types:

1. Standard Account (MT4 & MT5) – Spreads from 1.0 pips, no commission
2. Raw Spread Account (MT4 & cTrader) – Spreads from 0.0 pips, commission $3.50 per lot
3. cTrader ECN Account – Spreads from 0.0 pips, commission $3.00 per lot

✅ Islamic (Swap-Free) Accounts Available
✅ Demo Account Available

Market Instruments

• Forex – 60+ currency pairs
• Cryptocurrencies – BTC, ETH, XRP, LTC, BCH
• Indices & Stocks
• Commodities & Metals
• Futures CFDs & Bonds

Fees

IC Markets offers competitive pricing, earning a 4.0/5 rating for low spreads and commissions.

• Standard Account: No commission, spreads from 1.0 pips
• Raw Spread Account: $3.50 per lot, spreads from 0.0 pips
• cTrader ECN Account: $3.00 per lot, spreads from 0.0 pips

Spreads

IC Markets provides tight spreads, 4.5/5 rating:

• EUR/USD: 0.0 – 0.1 pips (Raw Account)
• Gold: 0.10 pips
• Bitcoin: 20 pips

Deposits and Withdrawals

✅ Minimum Deposit: $200
✅ Payment Methods:

• Credit/Debit Cards (Visa, MasterCard)
• PayPal, Neteller, Skrill
• Bank Wire Transfers
• China UnionPay, FasaPay
• Cryptocurrency (limited options) ✅ No Deposit Fees
  ✅ Withdrawal Processing Time: 1-2 business days
  ❌ International bank wire withdrawals: $20 fee

Trading Platform

IC Markets provides top-tier platforms: ✅ MetaTrader 4 (MT4) & MetaTrader 5 (MT5) – Suitable for all traders
✅ cTrader – Advanced trading, scalping, and automated trading
✅ WebTrader & Mobile Apps for on-the-go trading

Customer Support

✅ 24/7 multilingual customer support ✅ Available via Live Chat, Email, and Phone ✅ 4.5/5 rating for quick response times and knowledgeable agents

Education

IC Markets offers extensive educational content:

• Webinars & Tutorials
• Market Analysis & Insights
• Economic Calendar & Trading Tools
  ✅ 4.0/5 rating – Ideal for beginners and experienced traders

Conclusion

IC Markets is a top-tier forex broker with a strong reputation, competitive pricing, and superior trading conditions. It is well-suited for: ✅ Beginner traders seeking an easy-to-use platform
✅ Professional traders who need low spreads & fast execution
✅ Scalpers & Algorithmic Traders using MT4, MT5, or cTrader
✅ Traders looking for high leverage (1:500) under FSA Seychelles regulation

Final Rating: ⭐⭐⭐⭐ 4.5/5 – Highly Recommended for Forex and CFD Trading