IC Markets Review 2026
IC Markets, now also operating under the IC brand, is a forex and CFD broker offering competitive trading conditions, multiple account types and a wide selection of trading platforms. Traders can choose between Standard and Raw Spread accounts, with access to MetaTrader 4, MetaTrader 5, cTrader and TradingView.
IC Markets provides forex trading alongside CFDs on commodities, indices, stocks, cryptocurrencies, bonds and futures. Raw Spread accounts offer spreads from 0.0 pips with separate commissions, while Standard accounts include trading costs in the spread.
We have used IC Markets for more than four years. This review combines our firsthand account experience with a review of the broker’s trading costs, regulation, platforms and services.
IC Markets Overview
| Key Facts | Details |
|---|---|
| Broker | IC Markets / IC |
| Founded | 2007 |
| Global entity | Raw Trading Ltd |
| Regulation | ASIC, CySEC, Seychelles FSA (separate entities) |
| Minimum deposit | $0 on regular IC Global accounts |
| Minimum spread | 0.0 pips on Raw Spread accounts |
| Standard commission | $0 on forex |
| Raw Spread commission | $3.50 per lot per side on MetaTrader |
| Trading platforms | MT4, MT5, cTrader, TradingView |
| Maximum leverage | Up to 1:5000 on eligible Global accounts |
| Demo account | Yes |
| Islamic account | Yes |
| Copy trading | Yes |
| Customer support | 24/7 on IC Global |
Account conditions and regulatory protections vary by IC Markets entity.
Editorial Verdict
IC Markets is a good choice for forex and CFD traders who want flexible account pricing and a wide range of trading platforms. The choice between Standard and Raw Spread accounts, support for automated trading, and access to MetaTrader, cTrader, and TradingView make it worth considering for different trading styles.
Raw Spread accounts are particularly relevant to active traders focused on transaction costs, while Standard accounts offer a simpler, commission-free pricing structure. The broker also supports scalping, hedging, and Expert Advisors on eligible accounts.
The main drawbacks are the risks of leveraged CFD trading, commissions on Raw Spread accounts, and differences in regulatory protection between legal entities.
Is IC Markets a Good Broker?
IC Markets is a strong option for traders who understand spreads, commissions and margin requirements. Its account flexibility and platform selection are its main advantages, although traders should compare total costs and confirm which legal entity will hold their account.
IC Markets
Active forex and algo traders
CFDs are complex instruments and carry a high risk of losing money.
- Min deposit
- $0
- Regulation
- Seychelles FSA · SD018
- Platforms
- MT4, MT5, cTrader, TradingView
- Accounts
- Standard / Raw Spread
Pros and Cons
Pros
- Raw Spread accounts with spreads from 0.0 pips
- No minimum deposit on regular IC Global accounts
- Commission-free Standard forex account
- MetaTrader 4, MetaTrader 5, cTrader and TradingView
- Scalping, hedging and automated trading supported
- Demo and Islamic account options
- More than 2,500 stock CFDs alongside other markets
- Multiple payment methods
- 24/7 customer support through IC Global
Cons
- Raw Spread accounts charge commissions
- Regulatory protections differ by legal entity
- Leveraged CFDs carry significant risk
- Overnight financing can increase trading costs
- TradingView requires a cTrader Raw account
- CFDs do not provide ownership of underlying assets
- Some account tiers and features have restricted availability
Trust and Safety
Is IC Markets Regulated?
IC Markets operates through regulated entities in Australia, Cyprus and Seychelles. These companies provide services under different regulatory frameworks, with account conditions and client protections determined by the entity holding the account.
International Capital Markets Pty Ltd holds Australian Financial Services License 335692 with ASIC. CySEC authorizes IC Markets (EU) Ltd under license 362/18. The international IC Markets Global offering operates through Raw Trading Ltd, a Seychelles FSA-regulated securities dealer under license SD018.
IC Markets Regulation
| Regulatory Body | Status |
|---|---|
| ASIC (Australia) | Yes, Australian entity |
| CySEC (Cyprus) | Yes, EU entity |
| FSA (Seychelles) | Yes, Global entity |
Regulatory authorizations belong to individual legal entities. A Yes does not mean that regulator covers every IC Markets account. Do not interpret an unconfirmed authorization as definitive proof of no licensing.
Regulatory Entities and Licenses
| Entity | Jurisdiction | Licence |
|---|---|---|
| International Capital Markets Pty Ltd | Australia | ASIC AFSL 335692 |
| IC Markets (EU) Ltd | Cyprus | CySEC 362/18 |
| Raw Trading Ltd | Seychelles | FSA SD018 |
Regulatory differences matter because leverage restrictions, investor protections, and available products can vary significantly between jurisdictions.
Traders should confirm the legal entity named in their account agreement before funding an account.
Fraud Prevention
IC Markets uses Know Your Customer (KYC) and anti-money-laundering procedures when opening and maintaining trading accounts.
Clients must provide identification documents and may be asked for proof of address or additional financial information.
These checks help verify account ownership and prevent unauthorized financial activity. Additional verification may be required before certain withdrawals or changes to payment details.
Client Fund Security
IC Markets Global maintains client funds in segregated accounts with banking institutions.
Segregated accounts are intended to keep client money separate from the broker’s operating funds. However, segregation does not guarantee the full recovery of funds in every insolvency scenario.
Client compensation arrangements and other protections vary by legal entity, client classification, and applicable regulations.
Payment Security
The IC Markets Global client funding area states that online payments are processed using SSL encryption, and supported card payment screens show 3D Secure verification. The client area also requires withdrawal confirmation and may request additional identity or payment documentation. These safeguards help protect account funding and withdrawal processes but cannot eliminate every financial or security risk.
Is IC Markets Safe?
IC Markets has regulated entities in several jurisdictions and an operating history dating back to 2007. These factors matter when evaluating the broker.
However, regulation does not eliminate the risks of leveraged trading, and protection levels are not identical across IC Markets accounts.
Traders should consider the account’s legal entity, margin requirements, client-money rules and product risks before depositing funds.
Tradable Instruments
IC Markets provides access to forex and a range of global financial markets through CFDs. Traders can speculate on price movements in currencies, commodities, indices, shares, cryptocurrencies, and other instruments without owning the underlying assets.
The number of available instruments depends on the legal entity and trading platform.
Forex
Forex is one of IC Markets’ primary trading markets. IC Global offers more than 60 currency pairs, including major, minor and exotic pairs.
Available instruments include EUR/USD, GBP/USD, USD/JPY and other international currencies.
Traders can trade Forex through Standard and Raw Spread accounts, giving them a choice between spread-based and commission-based pricing.
Commodities
IC Markets offers CFDs on commodities, including precious metals, energy and agricultural markets.
Gold and silver are available alongside other commodity instruments. These products let traders take long or short positions on market price movements without buying physical commodities.
Trading costs and leverage vary by instrument.
Indices
IC Markets Global provides access to 25 index CFDs covering major international equity markets.
These include instruments linked to the S&P 500, Nasdaq 100, Dow Jones, and other global indices.
Index CFDs let traders speculate on broader stock market movements rather than trade individual company shares.
Stock CFDs
IC Markets Global offers more than 2,500 stock CFDs across major international exchanges.
Stock CFDs allow traders to take positions on share-price movements without owning the underlying shares or receiving shareholder voting rights.
IC Markets Australia also has a separate direct-share investing service, although new registrations for that service were temporarily closed at the time of this review.
Cryptocurrency CFDs
IC Markets Global provides cryptocurrency CFDs covering major digital assets, including Bitcoin and Ethereum.
These instruments offer exposure to cryptocurrency price changes without requiring ownership of the underlying tokens.
Cryptocurrency CFD availability and leverage depend on the applicable jurisdiction.
Futures CFDs
IC Markets offers selected futures-based CFDs covering international markets.
These products provide exposure to futures-market pricing without directly owning exchange-traded futures contracts.
Certain futures CFDs are available only on specific trading platforms.
Bond CFDs
Bond CFDs provide exposure to changes in the prices of selected government and other bond-market instruments.
As with other CFDs, traders do not own the underlying securities.
Trading Instruments Availability
| Trading Instrument | Available |
|---|---|
| Commodities CFDs | Yes |
| Forex CFDs | Yes |
| Cryptocurrency CFDs | Yes |
| Futures CFDs | Yes |
| Indices CFDs | Yes |
| Stock CFDs | Yes |
| Bond CFDs | Yes |
| Direct shares | Separate Australian service |
| Direct ETFs | Not confirmed for IC Global |
| Exchange-traded options | Not confirmed for IC Global |
IC Markets offers a broad selection of CFD markets. However, investors primarily interested in direct share or ETF ownership should compare conventional investment brokerage accounts.
IC Markets Account Types
IC Markets provides Standard and Raw Spread accounts with different trading costs and platform options.
The available regular IC Global accounts include Standard, MetaTrader Raw Spread, and cTrader Raw Spread.
Standard Account
The Standard account uses spread-based pricing and does not charge a separate commission on standard forex trades.
Spreads start from 0.8 pips, with the trading cost included in the spread.
This account is relatively straightforward for traders who prefer not to calculate a separate commission on every forex position.
However, the spread may be wider than on Raw accounts, so you should still compare the total trading cost.
Raw Spread Account
The MetaTrader Raw Spread account offers spreads from 0.0 pips with a separate trading commission.
The standard commission is $3.50 per lot per side, equivalent to $7 per standard lot for a completed round-turn trade.
Raw Spread accounts support MetaTrader 4 and MetaTrader 5 and are suitable for consideration by active traders, scalpers and users of automated trading systems.
Actual spreads fluctuate, and the account with the lowest advertised minimum spread is not necessarily the cheapest for every trade.
cTrader Raw Account
The cTrader Raw account provides access to cTrader and TradingView integration.
Spreads start from 0.0 pips, with commissions calculated using the account’s notional-volume pricing schedule.
The published commission is $3 per USD 100,000 traded. Traders should confirm the applicable commission calculation when comparing it with MetaTrader’s per-lot schedule.
IC Markets Account Comparison
| Account Type | Minimum Deposit | Spreads From | Commission |
|---|---|---|---|
| Standard | $0 | 0.8 pips | $0 on forex |
| Raw Spread MT4/MT5 | $0 | 0.0 pips | $3.50 per lot per side |
| Raw Spread cTrader | $0 | 0.0 pips | $3 per USD 100k traded |
Figures apply to regular IC Markets Global accounts. Other legal entities may have different requirements.
Additional Account Tiers
IC Markets also lists Raw Pro and Raw Pro+ tiers with lower commission schedules and higher minimum funding requirements.
| Account | Published Minimum Deposit | Commission | Status |
|---|---|---|---|
| Raw Pro | $5,000 | $1.50 per lot per side | Early access |
| Raw Pro+ | $100,000 | $1 per lot per side | Early access |
These tiers were not yet available for regular live trading at the review date.
Demo Account
IC Markets provides demo accounts for traders who want to practice using MetaTrader or other supported platforms without risking real capital.
Demo trading lets users get familiar with order placement, technical analysis, and trading platform functions.
However, demo execution conditions may differ from live trading.
Islamic Account
IC Markets offers swap-free accounts for eligible clients who cannot receive or pay interest for religious reasons.
Swap-free arrangements are available on supported Standard and Raw Spread accounts.
Although swaps are removed, separate holding fees may apply to certain overnight positions.
Account Features
| Account Feature | Available |
|---|---|
| Demo Account | Yes |
| Islamic Account | Yes, subject to eligibility |
| Segregated Client Funds | Yes, under broker’s client-money arrangements |
| Managed Account | Not confirmed |
| Standard Account | Yes |
| Raw Spread Account | Yes |
| Automated Trading | Yes |
| Scalping | Yes |
| Hedging | Yes |
| US Traders | No, for IC Global |
IC Markets Commission and Fees
IC Markets uses a combination of spreads, commissions, and financing charges. The amount traders pay depends on the account type, instrument, position size and holding period.
Account Minimum
IC Markets Global has a $0 minimum deposit for its regular Standard and Raw Spread accounts.
These accounts have no fixed initial funding requirement, although traders still need enough available margin to open positions.
This makes it possible to start with a smaller account balance, but the deposit amount should match the trader’s position sizes and risk management.
Other IC Markets legal entities may apply different funding requirements.
Trading Fees
The Standard account includes its forex trading costs in the spread, while Raw Spread accounts charge a separate commission.
For MetaTrader Raw accounts, the standard commission is $3.50 per lot per side.
The total transaction cost depends on both the commission and the spread at the time the trade is executed.
CFD Fees and Spreads
Raw Spread accounts offer minimum spreads from 0.0 pips, while Standard accounts start at 0.8 pips.
These are minimum figures. Actual spreads vary by instrument and market conditions.
When comparing the accounts, traders should calculate the combined spread and commission cost rather than relying only on the lowest available spread.
Example of Forex Trading Costs
Consider a one-standard-lot EUR/USD trade on a Raw MetaTrader account.
If the spread is 0.2 pips and each pip is worth $10, the spread cost is about $2.
Adding the $7 round-turn commission would produce an illustrative total of $9, excluding slippage, swaps and other charges.
This example explains the pricing calculation and is not a quotation of a current market spread.
Overnight Financing
Positions held overnight may incur swap or financing fees.
The amount depends on the trading instrument, position direction, size, and applicable rate.
Swap-free accounts may also carry holding fees under their separate schedules.
Account Maintenance and Inactivity
Account holders should review the current entity-specific terms for administrative and inactivity charges.
The reviewed terms did not establish a definitive inactivity-fee schedule for the Global offering, so traders should confirm this before relying on the absence of such charges.
Deposit Fees
IC Markets Global generally does not charge additional broker deposit fees.
Banks and payment providers may charge their own fees, particularly for international payments or currency conversion.
Withdrawal Fees
Standard withdrawals generally do not carry an additional broker fee.
However, processing fees may apply in certain situations, including where deposited funds have not been used for trading.
Intermediary banks may also impose charges.
Currency Conversion
Currency conversion costs may apply if the payment currency differs from the account’s base currency.
Rates depend on the payment route and provider, so traders should review conversion details before transferring money.
IC Markets Fees Summary
| Fee Type | Details |
|---|---|
| Minimum deposit | $0 on regular Global accounts |
| Standard forex spread | From 0.8 pips |
| Raw forex spread | From 0.0 pips |
| Standard forex commission | $0 |
| Raw MetaTrader commission | $7 round turn per standard lot |
| Overnight financing | May apply |
| Deposit fee | Generally no broker fee |
| Withdrawal fee | Generally none, with exceptions |
| Currency conversion | May apply |
| Inactivity fee | Confirm current entity-specific terms |
Overall, IC Markets provides two main pricing approaches. Standard accounts are easier to assess using the spread alone, while Raw accounts require traders to include commissions when calculating total costs.
IC Markets Trading Platforms
IC Markets supports MetaTrader 4, MetaTrader 5, cTrader and TradingView on its Global offering.
These platforms provide a range of tools for technical analysis, manual trading and automated strategies.
MetaTrader 4
MetaTrader 4 offers forex charting, technical indicators and automated trading through Expert Advisors.
It supports custom trading tools and remains useful for traders who already work with compatible MQL4 strategies.
IC Markets offers MT4 on supported Standard and Raw Spread accounts.
MetaTrader 5
MetaTrader 5 provides advanced charting, order management, and automated trading features.
It includes strategy-testing tools and support for Expert Advisors developed for MT5.
The range of available instruments depends on the account and trading platform.
cTrader
cTrader offers advanced charting, depth-of-market information and several order-management tools.
It supports algorithmic trading through cTrader Algo, allowing traders to develop automated strategies using C#.
cTrader is available through IC’s dedicated Raw account pricing structure.
TradingView
IC Markets Global supports TradingView through its cTrader Raw account.
Traders can connect a compatible IC account to TradingView and use its charting environment for market analysis and trade placement.
TradingView offers technical indicators, drawing tools, alerts, and custom chart configurations.
Some features may require a separate TradingView subscription.
Platform Availability
| Trading Platform | Available |
|---|---|
| MetaTrader 4 | Yes |
| MetaTrader 5 | Yes |
| cTrader | Yes |
| TradingView | Yes, through cTrader Raw |
| Web Trading | Yes |
| Mobile Trading | Yes |
Desktop Trading
IC Markets supports desktop trading through compatible trading platform applications and web-based interfaces.
Windows and Mac access depends on the platform and supported installation methods.
Mobile Trading
MetaTrader and cTrader provide mobile applications for Android and iOS.
Mobile trading allows account holders to monitor markets, place orders, manage positions, and access supported technical analysis features.
Automated and Copy Trading
IC Markets supports automated trading through MetaTrader Expert Advisors and cTrader Algo.
Copy-trading options, including IC Social and cTrader Copy, are available to eligible accounts.
Copy trading does not guarantee profits, and results may differ between the strategy provider and the copying account.
Unique Features
IC Markets offers several features that may appeal to active forex and CFD traders.
Raw Spread Pricing
Raw Spread accounts separate trading commissions from spreads, allowing traders to assess both cost components.
This is particularly relevant for traders who place frequent orders or use automated trading strategies.
Automated Trading
IC Markets supports Expert Advisors on MetaTrader and algorithmic trading through cTrader.
These tools allow traders to develop, test, and run compatible automated trading strategies.
TradingView Integration
TradingView is available through the cTrader Raw account on IC Markets Global.
This provides an additional platform option for traders who prefer TradingView’s charting and technical analysis tools.
VPS Hosting
IC Markets offers access to VPS services for traders using automated strategies.
VPS hosting lets compatible trading applications run continuously without requiring the trader’s local computer to stay on.
Free VPS access is subject to qualifying trading-volume requirements, and third-party hosting partners provide the service.
Trading Infrastructure and Execution
IC Markets uses data-center infrastructure for its trading platforms, including Equinix facilities associated with its MetaTrader and cTrader services.
IC Global lists average execution speeds below 40 milliseconds.
This figure represents the broker’s reported average, not a guaranteed execution time. Individual results can vary with network conditions, liquidity and market activity.
Research and Education
IC Markets provides educational content, market information and trading tools through its websites and trading platforms.
Available resources vary by the broker’s legal entities.
Educational Resources
The broker provides tutorials and educational materials covering financial markets, trading platforms, and technical analysis.
Video tutorials and webinar-related content are available through selected IC Markets websites.
Market Research
IC Markets offers access to selected market analysis and research tools.
Some research services are provided by third parties and are intended to assist with market analysis rather than provide personalized investment recommendations.
Economic Calendar
An economic calendar helps traders monitor scheduled announcements, interest-rate decisions, and other events that may influence market volatility.
Trading Calculators
IC Markets provides tools to calculate pip values and other trade-related figures.
These tools can help traders calculate position sizes and estimate trading costs.
Education Assessment
IC Markets offers useful introductory resources and platform tools, although the availability of individual features depends on the relevant entity.
Its account and platform options remain more central to the overall broker offering than its educational materials.
Customer Support
IC Markets Global offers customer support 24 hours a day, seven days a week.
Clients can access live chat, email assistance, and a searchable help center.
Support Channels
| Support Method | Available |
|---|---|
| Live Chat | Yes |
| Email Support | Yes |
| Help Centre | Yes |
| Contact Form | Yes |
| 24/7 Support | Yes, IC Global |
Live Chat
Live chat is available through the IC Markets website for account-related inquiries and general assistance.
Email Support
Email assistance is available for questions concerning trading accounts, deposits, withdrawals, and platform issues.
Help Centre
The Help Center covers account registration, verification, trading conditions, funding, and platform functionality.
Customer Support Assessment
IC Markets Global provides multiple contact options and round-the-clock support availability.
Response quality and resolution times may vary depending on the nature of the inquiry.
Account Opening
IC Markets handles account opening through an online application.
The process includes registration, account selection, identity verification and funding.
- Step 1: Registration
Applicants begin by completing the online account application and entering the requested personal details.
Your country of residence determines which legal entity and account conditions apply.
- Step 2: Account Selection
Traders choose an available account type and trading platform.
Standard and Raw Spread accounts have different pricing structures, so compare commissions and spreads before selecting an account.
- Step 3: Identity Verification
IC Markets requires proof of identity and residential address as part of its verification process.
Additional documents may be requested depending on the applicant’s circumstances. - Step 4: Deposit Funds
Once the relevant client account is accessible, traders can use the available funding methods.
Regular IC Global Standard and Raw Spread accounts have a $0 minimum deposit, although enough funds are needed to cover margin requirements.
- Step 5: Start Trading
After verification and account funding, traders can access the selected trading platform and begin placing orders.
Approval times vary depending on the documents submitted and the relevant legal entity.
Account Opening Assessment
IC Markets provides a conventional online broker application process with a choice of accounts and platforms.
Before opening an account, traders should confirm the legal entity, applicable leverage, fees, and available instruments.
IC Markets Deposit and Withdrawals
IC Markets supports several payment methods, including bank transfers, credit and debit cards, e-wallets and selected cryptocurrency funding options.
Available methods depend on the client’s country, account currency, and payment provider.
Deposits
You can make deposits through the account’s secure client area using an available payment method.
IC Markets Global supports credit and debit cards, PayPal, Skrill, Neteller, bank transfers and selected regional services.
Deposit Methods
| Deposit Method | Processing Time |
|---|---|
| Credit/Debit Cards | Instant |
| PayPal | Instant |
| Skrill | Instant |
| Neteller | Instant |
| Bank Wire Transfer | 2–5 business days |
| Selected Cryptocurrency Methods | Instant processing available |
| Regional Payment Methods | Varies |
Times are approximate and depend on the payment method.
Withdrawals
Withdrawal requests are submitted through the secure client area.
Funds are generally returned through the original deposit method, subject to account verification and payment rules.
Eligible withdrawals may be processed instantly, while other requests follow the broker’s normal processing schedule.
Withdrawal Rules Worth Knowing
Requests submitted before IC Global’s applicable business-day cut-off are normally processed on the same business day; later requests are generally processed on the next business day. The client area also requires an email confirmation for withdrawal requests.
Funds are generally returned to the original payment method. Card refunds may be limited to amounts originally deposited, with additional funds handled through an eligible alternative route. Third-party withdrawals are not accepted, although joint accounts may qualify when the trading account holder is a named owner.
The amount available to withdraw depends on account balance, open positions and free margin. IC may request bank statements, payment-method evidence or proof of funds before releasing a withdrawal.
Withdrawal Processing Times
| Withdrawal Method | Typical Receipt Time After Processing |
|---|---|
| Credit/Debit Cards | 3–5 business days, sometimes longer |
| Local Bank Transfers | 1–2 business days |
| International Bank Transfers | 2–14 business days |
| E-Wallets | Usually credited promptly |
| Cryptocurrency | Subject to wallet and processing requirements |
The time required for funds to arrive can differ from the time taken for the broker to process the withdrawal request.
Withdrawal Fees
IC Markets Global generally does not charge additional standard withdrawal fees.
However, fees may apply under specific policy conditions, including withdrawals of deposited money that has not been used for trading.
Banks and payment intermediaries may also charge their own fees.
Withdrawal Verification
You may need to provide additional documents before withdrawals are released.
These can include identity information, bank statements, or proof of payment ownership.
Our Experience With IC Markets Withdrawals
We have used IC Markets for more than four years. Our account transaction history shows multiple completed withdrawals between 2024 and 2026 through cryptocurrency, card-related services and other payment providers. It also shows declined card withdrawal requests, so we would not describe every withdrawal attempt as successful.
These records demonstrate that we have used the withdrawal service ourselves. They do not establish exact request-to-receipt times, and other clients may have different experiences depending on their payment method and verification requirements.
Deposit and Withdrawal Assessment
IC Markets offers several funding options, giving eligible traders a choice of payment methods.
The main factors to review are payment availability, processing times, potential external charges and verification requirements.
Final Thoughts
IC Markets is a well-established forex and CFD broker with a choice of trading platforms, Standard and Raw Spread accounts, and access to several financial markets.
Its Raw Spread pricing is particularly relevant to active traders who compare transaction costs carefully, while Standard accounts offer a simpler approach without separate forex commissions.
MetaTrader, cTrader, and TradingView support also provide flexibility for manual and automated trading.
The main disadvantages are the risks of leveraged CFDs, differences between regulatory entities, and the need to account for commissions and overnight financing.
IC Markets is a good broker to consider for experienced forex and CFD traders who want account flexibility and access to multiple trading platforms. Traders should choose the account that fits their trading style, understand the full cost structure and verify the legal entity that provides their account.
Contact Info
| Contact | Details |
|---|---|
| Official Website | ic.com |
| Global Legal Entity | Raw Trading Ltd |
| Global Regulator | Seychelles FSA |
| Licence Number | SD018 |
| Registered Office | Eden House, Floor 1, Eden Island, Mahé, Seychelles |
| [email protected] | |
| Customer Support | 24/7 on IC Global |
Contact information applies to IC Markets Global. The Australian and European entities maintain separate contact details.
FAQs
1. Is IC Markets a good broker?
IC Markets is a good choice for forex and CFD traders who want competitive pricing, multiple account types and access to popular trading platforms. Its Raw Spread accounts are particularly suitable for active traders, although leveraged trading carries significant risk.
2. Is IC Markets regulated?
Yes. IC Markets operates through separate entities regulated by ASIC in Australia, CySEC in Cyprus and the Seychelles FSA. The applicable regulatory protections depend on which legal entity holds your trading account.
3. What is the minimum deposit at IC Markets?
IC Markets Global has a $0 minimum deposit for regular Standard and Raw Spread accounts. However, traders still need sufficient funds to meet margin requirements when opening positions.
4. Does IC Markets offer zero spreads?
Yes. Raw Spread accounts offer spreads starting from 0.0 pips. Actual spreads vary depending on market conditions, and trading commissions apply.
5. What commission does IC Markets charge?
The Standard account has no separate forex commission. The MetaTrader Raw Spread account charges $3.50 per standard lot per side, equivalent to $7 for a completed round-turn trade.
6. What trading platforms does IC Markets support?
IC Markets Global supports MetaTrader 4, MetaTrader 5, cTrader and TradingView. TradingView integration is available through the cTrader Raw account.
7. How long do IC Markets withdrawals take?
Withdrawal times depend on the payment method. Card withdrawals typically take 3–5 business days after processing, while international bank transfers may take 2–14 business days. E-wallet and cryptocurrency withdrawals may be faster.
8. Is IC Markets suitable for beginners?
IC Markets offers demo accounts, educational resources and Standard accounts with commission-free forex pricing. However, beginners should understand spreads, leverage, margin requirements and the risks of CFD trading before using real money.
Editorial Disclosure
This review draws on more than four years of personal IC Markets account use, including documented deposit and withdrawal activity, alongside published account terms. Our records show both completed and declined withdrawal requests. We have not measured broker-wide execution quality or typical withdrawal speeds. Conditions and individual experiences can vary.
Affiliate Disclosure
This review may contain affiliate links. We may receive compensation if you open an account through one of these links, at no additional cost beyond the broker’s applicable charges. Our assessment considers trading conditions, available services, costs and risks.
Risk Warning
Forex and CFDs are complex financial products that involve a high risk of losing money. Leverage can magnify losses, and depending on the legal entity and product, losses may exceed deposited funds. Trading conditions and investor protections differ between IC Markets entities. Make sure you understand the risks before trading.
