IC Markets Review
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IC Markets Review
2007
Sydney, Australia
$200
MetaTrader 4, MetaTrader 5, cTrader
9.0/10
Company Overview
IC Markets is a leading Australian ECN broker known for some of the industry's tightest spreads, deep liquidity and a favourite among algo and high-volume traders.
Regulation & Safety
| Regulator | License | Jurisdiction | Tier |
|---|---|---|---|
| ASIC | 335692 | Australia | Tier-1 |
| CySEC | 362/17 | Cyprus | Tier-1 |
| FSA | SD025 | Seychelles | Tier-3 |
Regulatory details are public records; verify the exact entity and license number on the official register. This review is independent and not financial advice.
Account Types
Standard (spread-only), Raw Spread (raw + $3.50/lot side) and cTrader Raw (raw + $3/lot side). Islamic swap-free available.
Trading Costs — Typical Spreads
| Instrument | Typical Spread |
|---|---|
| EUR/USD | From 0.0 pip + $3/lot side |
| GBP/USD | From 0.2 pip + commission |
| USD/JPY | From 0.1 pip + commission |
| Gold (XAU/USD) | From 0.3 pts |
Spreads are typical/indicative ranges and vary by account type, liquidity and time of day. Confirm live quotes on the broker's platform.
Markets & Instruments
Forex, indices, commodities, bonds, futures and cryptocurrencies. The FX depth is the standout feature.
Trading Platforms
MetaTrader 4, MetaTrader 5, cTrader. Account features such as hedging, scalping and Expert Advisors (EAs) depend on the selected entity and account.
Deposits & Withdrawals
Cards, bank transfer, PayPal, Neteller, Skrill, UnionPay, Bpay, POLi, Rapidpay and Klarna. Fee-free funding and fast withdrawals.
Support & Education
24/7 support, platform guides and a knowledge base. Research is lighter than education-focused rivals; the value proposition is execution.
Who Is IC Markets Best For?
Scalpers, algo traders and high-volume clients who need raw spreads, cTrader and fast execution under Tier-1 regulation.
Pros & Cons
Pros
- True ECN raw spreads
- cTrader + MT4/MT5
- Deep liquidity & low latency
- ASIC/CySEC regulation
Cons
- $200 minimum deposit
- Offshore routing for some clients
- No proprietary platform
Verdict
IC Markets is a top-tier choice for scalpers and algo traders who demand raw spreads and reliable execution, with a higher minimum reflecting its pro focus.
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Frequently Asked Questions
Is IC Markets regulated?
IC Markets is regulated by ASIC, CySEC, FSA. Always confirm the specific entity and license on the official regulator register before funding an account.
What is the minimum deposit at IC Markets?
The minimum deposit at IC Markets is around $200. Exact thresholds and payment methods vary by region and entity.
How do I open an account with IC Markets?
You open an account via the official broker site or our affiliate link, complete KYC verification, fund the account, then download MT4/MT5 or the broker platform. This review is informational and not financial advice.
What trading platforms does IC Markets offer?
IC Markets offers MetaTrader 4, MetaTrader 5, cTrader. Availability depends on your region and account type.
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