IC Markets Company Introduction Official Website Link
IC Markets is a globally recognized forex and CFD (Contract for Difference) broker established in 2007 in Sydney, Australia. It is renowned for providing a true ECN (Electronic Communication Network) trading environment, highly competitive spreads, fast order execution, and support for multiple powerful trading platforms including MetaTrader 4, MetaTrader 5, and cTrader.IC Markets offers an extremely wide range of financial products covering forex, indices, stock CFDs, commodities, bonds, futures, and cryptocurrency CFDs. It is committed to providing retail and institutional clients worldwide with top-tier trading conditions usually available only to large institutions, deep liquidity, and excellent customer service.
IC Markets Quick Overview
Item | Details |
Year Established | 2007 |
Headquarters | Sydney, Australia |
Main Regulators | ASIC (Australia), CySEC (Cyprus), FSA (Seychelles), SCB (Bahamas) |
Market Instruments | Forex, Stock CFDs, Index CFDs, Instrument CFDs, Bond CFDs, Futures CFDs, Cryptocurrency CFDs |
Min. Deposit | $200 USD |
Max Leverage | Up to 1000:1 (depending on regulation and client type) |
Main Platforms | MT4, MT5, cTrader, WebTrader, Mobile Apps |
Demo Account | Yes (unlimited virtual funds) |
Customer Support | 24/7 multilingual online support |
Pros and Cons
Pros | Cons |
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Is IC Markets Legitimate?
Yes, the IC Markets group is authorized and regulated by well-known financial regulatory bodies in multiple jurisdictions, ensuring the legality of its operations and commitment to client fund security.Regulator | Regulated Entity | Status/License Number |
ASIC (Australia) | International Capital Markets Pty Ltd | Regulated (AFSL 335692) |
CySEC (Cyprus) | IC Markets (EU) Ltd | Regulated (362/18) |
FSA (Seychelles) | Raw Trading Ltd (IC Markets Global) | Regulated (SD018) |
SCB (Bahamas) | IC Markets Ltd | Regulated (SIA-F214) |
Market Instruments
IC Markets offers an extremely rich selection of trading options and is one of the brokers with the most comprehensive product ranges in the market.Tradable Assets | Supported (Approximate Quantity) |
Forex | Yes (over 60 pairs) |
Stock CFDs (Share CFDs) | Yes (over 2100) |
Index CFDs (Indices) | Yes (over 25) |
Precious Metals CFDs (Metals) | Yes (Gold, Silver, Platinum, Palladium) |
Commodities CFDs (Commodities) | Yes (Energy, Agricultural products) |
Bond CFDs (Bonds) | Yes |
Cryptocurrency CFDs (Cryptocurrencies) | Yes (over 20, 24/7 trading) |
Futures CFDs (Futures) | Yes (including VIX) |
Account Types and Fees
IC Markets offers three core account types, all with a minimum deposit of $200 USD, and Islamic Accounts are available upon request.Important Reminder: Forex brokers’ account types, terms (such as minimum deposit, leverage, spreads, commissions), and related promotions frequently change. The account information provided in this review is based on publicly available data at the time of writing. To ensure you get the latest and most accurate account details, it is strongly recommended to visit IC Markets’ official website or contact their customer service before making any decisions.
Account Type | Applicable Platforms | Spreads and Commissions |
Standard Account | MT4, MT5 | Spreads from 0.6 pips, no commission |
Raw Spread (MT4/MT5) | MT4, MT5 | Spreads from 0.0 pips, commission approx. $7 per round lot (depends on base currency) |
Raw Spread (cTrader) | cTrader | Spreads from 0.0 pips, commission $6 per $100,000 traded (round trip) |
Trading Platforms
IC Markets provides industry-leading and diverse trading platform options.Trading Platform | Supported |
MetaTrader 4 (MT4) | Yes |
MetaTrader 5 (MT5) | Yes |
cTrader | Yes |
WebTrader | Yes (available on all platforms) |
Mobile Apps | Yes (iOS & Android, available on all platforms) |
Copy Trading | Yes (Myfxbook Autotrade, ZuluTrade) |
Demo Account | Yes |
Deposits and Withdrawals
IC Markets offers more than 15 flexible and usually free deposit and withdrawal methods. The minimum deposit is $200 USD.- Credit/Debit Cards: Visa, MasterCard
- E-wallets: PayPal, Skrill, Neteller, Rapidpay, etc.
- Bank Wire Transfer: International and local bank transfers
- Cryptocurrency Wallets: such as Binance
- Broker-to-broker Transfers
Note: IC Markets does not charge any deposit or withdrawal fees. Withdrawal requests are usually processed on the same business day (if submitted before 12: 00 noon AEST). It is recommended to check the official website for the most accurate payment options and processing times in your region.
Education and Tools
IC Markets provides practical learning resources and trading assistance tools.Resource Type | Available |
Blogs and Market Analysis | Yes |
Video Tutorials (Platform usage, etc.) | Yes |
Trading Glossary/FAQ | Yes |
Economic Calendar | Yes (built-in platform or website provided) |
VPS Service | Yes (free if eligible) |
Trading Calculator | Yes |
Trading Central / Autochartist | Yes (usually provided) |
Conclusion Official Website Link
Overall, IC Markets ranks among the top global CFD brokers with its true ECN trading environment, industry-leading low spreads and commissions, fast execution, and comprehensive support for the three major platforms MT4, MT5, and cTrader. Its extensive product selection and excellent 24/7 customer service make it an ideal choice for various active traders, scalpers, and algorithmic traders.Although its educational resources are relatively basic, its overwhelming advantages in core trading conditions make it the top choice for investors seeking the ultimate trading experience.
Frequently Asked Questions (FAQ)
Question | Answer |
Which major regulatory bodies oversee IC Markets? | IC Markets is regulated by multiple authorities including Australia’s ASIC, Cyprus’s CySEC, Seychelles’s FSA, and Bahamas’s SCB. |
What is the minimum deposit for IC Markets? | The minimum initial deposit for all account types is $200 USD or equivalent currency. |
Which trading platforms does IC Markets offer? | IC Markets offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader platforms. |
What are the commissions for IC Markets Raw Spread accounts? | MT4/MT5 Raw Spread account commissions are approximately $7 per standard lot round trip (depending on base currency) ; cTrader Raw Spread account commissions are $6 per $100,000 traded round trip. |
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