IC Markets
IC Markets is an Australian ASIC- and CySEC-licensed broker known for raw spreads and fast execution, popular with scalpers and algorithmic traders.
Leveraged trading carries a high level of risk and you may lose all of your capital.
Key facts
- Trading platforms
- MT4MT5cTraderTradingViewWebMobile
- Account types
- StandardRaw SpreadIslamic
- Instruments
- ForexMetalsEnergiesIndicesStocksBondsFuturesCrypto
- Deposit & withdrawal
- Bank CardBank TransferE-walletsCrypto
- Features
- Accepts IraniansPersian supportIslamic accountCopy tradingDemo account
Score breakdown
Each criterion is rated 0–5 by our editorial team.
- Trust & Regulation4.5
- Fees & Costs4.7
- Platform & UX4.6
- Deposit & Withdrawal4.3
- Support4.2
- Features & Range4.2
Full review
IC Markets was founded in Sydney, Australia in 2007 and is regarded as one of the largest ECN/STP-style brokers by MetaTrader volume. Its focus is deep liquidity, low spreads and fast execution.
International Capital Markets Pty Ltd holds ASIC AFSL 335692 and IC Markets (EU) Ltd is licensed by CySEC under 362/18. International clients are typically onboarded via Raw Trading Ltd (Seychelles FSA, SD018) or the Bahamas entity (SCB), which offer higher leverage but weaker protections.
The Raw Spread account starts at 0.0 pips with a $3.50 per lot per side commission on MetaTrader ($3 on cTrader), while the Standard account is commission-free with wider spreads. MT4, MT5, cTrader and TradingView are supported, and copy trading is available via IC Social, ZuluTrade and Myfxbook.
The minimum deposit is $200 and funding options include cards, bank wire and e-wallets. IC Markets does not accept residents of Iran.
Last updated: Oct 6, 2026
Pros & cons
- ASIC and CySEC licensed
- Raw spreads from 0.0 with competitive commission
- MT4, MT5, cTrader and TradingView
- Well suited to scalping and algo trading
- Multiple copy-trading options
- $200 minimum deposit is higher than some rivals
- International clients onboarded via offshore entities
- Does not accept residents of Iran
- Educational content thinner than large multi-asset brokers
Licences & regulation
Tier 1 means the strictest oversight.
| Regulator | Authority | Tier | Licence no. |
|---|---|---|---|
🇦🇺ASIC Australian Securities & Investments Commission | Australian Securities & Investments Commission | Tier 1 | 335692 |
🇨🇾CySEC Cyprus Securities and Exchange Commission | Cyprus Securities and Exchange Commission | Tier 1 | 362/18 |
🇧🇸SCB Securities Commission of The Bahamas | Securities Commission of The Bahamas | Tier 2 | SIA-F214 |
🇸🇨FSA-SC Financial Services Authority Seychelles | Financial Services Authority Seychelles | Tier 3 | SD018 |
User reviews
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