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IC Markets is a secure broker known for its competitive spreads on Contracts for Difference (CFDs). It offers over 2,250 trading instruments and boasts a 94 out of 100 trust score. Additionally, IC Markets is fully regulated by two tier-1 regulators, reflecting the highest level of trust in the industry.
🛡️Regulated and trusted by ASIC, CySEC, FSA, SCB
🛡️2608 new traders chose this broker in the last 90 days.
🛡️Available for global Traders.
| 🔎 Broker | 🥇 IC Markets |
| 📌 Year Founded | 2007 |
| 👤 Amount of Active Traders | Over 1 million |
| 📍 Publicly Traded | None |
| 🛡️ Regulation | FSA (Seychelles) |
| 🌎 Country of Regulation | Seychelles |
| 🔃 Account Segregation | ✅Yes |
| 🚨 Negative Balance Protection | ✅Yes |
| 🧾 Investor Protection Schemes | ✅Yes |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | None |
| 💴 Minor Account Currencies | Major and Minor |
| 💶 Minimum Deposit | 200 USD |
| ⚡ Average Deposit/Withdrawal Processing Time | Typically 1-2 business days |
| 💵 Fund Withdrawal Fee | Generally no fee |
| 🔖 Spreads From | From 0.0 pips |
| 💷 Commissions | Variable |
| 🪙 Number of Base Currencies Supported | 10+ |
| 💳 Swap Fees | ✅Yes |
| 🏷️ Leverage | Up to 1:500 |
| 🖇️ Margin Requirements | Varies |
| ☪️ Islamic Account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| 🖥️ Order Execution Time | Milliseconds |
| 💻 VPS Hosting | ✅Yes |
| 📈 CFDs Total Offered | Extensive Range |
| 📉 CFD Stock Indices | Major global indices |
| 🍎 CFD Commodities | Oil, gold, etc. |
| 📊 CFD Shares | Major global stocks |
| 💴 Deposit Options | Bank transfer, credit/debit, e-wallets |
| 💶 Withdrawal Options | Bank transfer, credit/debit, e-wallets |
| 🖥️ Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader |
| 💻 OS Compatibility | Windows, macOS, iOS, Android |
| 🖱️ Forex Trading Tools | Advanced charting tools, etc. |
| 🥰 Live Chat Availability | ✅Yes |
| ☎️ Customer Support Contact Number | Varies by region |
| 💙 Social Media Platforms | Twitter, Facebook, LinkedIn, |
| 😎 Languages Supported | Multiple Languages |
| ✏️ Forex Course | ✅Yes |
| 📔 Webinars | ✅Yes |
| 📚 Educational Resources | ✅Yes |
| 🤝 Affiliate Program | ✅Yes |
| 🫶 Amount of Partners | Numerous global partners |
| 🫰🏻 IB Program | ✅Yes |
| ↪️ Do They Sponsor Any Notable Events or Teams | ✅Yes |
| ⭐ Rebate Program | ✅Yes |
| 🚀Open an Account | 👉 Click Here |
Overall Rating Min Deposit USD 200 Regulators FSA Trading Platform MT4, MT5, cTrader Crypto Yes Total Pairs 65 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
IC Markets Review – Analysis of Brokers’ Main Features
- ☑️ Overview
- ☑️ Detailed Summary
- ☑️ Safety and Security
- ☑️ Minimum Deposit and Account Types
- ☑️ How to open an IC Markets Account
- ☑️ Trading Platforms
- ☑️ Fees, Spreads, and Commission
- ☑️ Deposit and Withdrawal
- ☑️ Customer Reviews
- ☑️ Pros and Cons
- ☑️ Conclusion
- ☑️ Frequently Asked Questions
Overview
IC Markets, founded in 2007, is a prominent online trading broker catering to over 1 million active traders globally. Based in Seychelles and regulated by the Financial Services Authority (FSA), the broker ensures a secure and dependable trading environment. IC Markets emphasizes investor protection through measures like segregated client accounts, negative balance protection, and adherence to applicable regulations.
The broker offers a wide range of trading instruments, including CFDs on major and minor currency pairs, global stock indices, commodities, and shares, with spreads starting as low as 0.0 pips. Traders can access markets via multiple platforms, such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader, providing flexibility for trading across various devices.
Frequently Asked Questions
What trading instruments can I access with IC Markets?
IC Markets provides a diverse selection of trading instruments, including CFDs on major and minor currency pairs, global stock indices, commodities, and individual stocks.
What are IC Markets’ spread offerings?
IC Markets offers competitive spreads, starting as low as 0.0 pips.
Which trading platforms does IC Markets offer?
IC Markets supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader platforms.
What are the available leverage options?
IC Markets offers leverage of up to 1:500, providing traders with greater flexibility in managing their trades.
Our Verdict
IC Markets is a reliable and well-regulated broker that offers an excellent trading environment for both beginner and experienced traders. With its wide range of instruments, low spreads, and support for multiple platforms, it provides a seamless experience.
Overall Rating Min Deposit USD 200 Regulators FSA Trading Platform MT4, MT5, cTrader Crypto Yes Total Pairs 65 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Detailed Summary
| 🔎 Broker | 🥇 IC Markets |
| 📌 Year Founded | 2007 |
| 👤 Amount of Active Traders | Over 1 million |
| 📍 Publicly Traded | None |
| 🛡️ Regulation | FSA (Seychelles) |
| 🌎 Country of Regulation | Seychelles |
| 🔃 Account Segregation | ✅Yes |
| 🚨 Negative Balance Protection | ✅Yes |
| 🧾 Investor Protection Schemes | ✅Yes |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | None |
| 💴 Minor Account Currencies | Major and Minor |
| 💶 Minimum Deposit | 200 USD |
| ⚡ Average Deposit/Withdrawal Processing Time | Typically 1-2 business days |
| 💵 Fund Withdrawal Fee | Generally no fee |
| 🔖 Spreads From | From 0.0 pips |
| 💷 Commissions | Variable |
| 🪙 Number of Base Currencies Supported | 10+ |
| 💳 Swap Fees | ✅Yes |
| 🏷️ Leverage | Up to 1:500 |
| 🖇️ Margin Requirements | Varies |
| ☪️ Islamic Account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| 🖥️ Order Execution Time | Milliseconds |
| 💻 VPS Hosting | ✅Yes |
| 📈 CFDs Total Offered | Extensive Range |
| 📉 CFD Stock Indices | Major global indices |
| 🍎 CFD Commodities | Oil, gold, etc. |
| 📊 CFD Shares | Major global stocks |
| 💴 Deposit Options | Bank transfer, credit/debit, e-wallets |
| 💶 Withdrawal Options | Bank transfer, credit/debit, e-wallets |
| 🖥️ Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader |
| 💻 OS Compatibility | Windows, macOS, iOS, Android |
| 🖱️ Forex Trading Tools | Advanced charting tools, etc. |
| 🥰 Live Chat Availability | ✅Yes |
| ☎️ Customer Support Contact Number | Varies by region |
| 💙 Social Media Platforms | Twitter, Facebook, LinkedIn, |
| 😎 Languages Supported | Multiple Languages |
| ✏️ Forex Course | ✅Yes |
| 📔 Webinars | ✅Yes |
| 📚 Educational Resources | ✅Yes |
| 🤝 Affiliate Program | ✅Yes |
| 🫶 Amount of Partners | Numerous global partners |
| 🫰🏻 IB Program | ✅Yes |
| ↪️ Do They Sponsor Any Notable Events or Teams | ✅Yes |
| ⭐ Rebate Program | ✅Yes |
| 🚀Open an Account | 👉 Click Here |
Frequently Asked Questions
Does IC Markets offer account segregation?
Yes, IC Markets guarantees the segregation of client funds for added security.
Is negative balance protection provided by IC Markets?
Yes, IC Markets provides negative balance protection to safeguard its clients.
What investor protection measures are in place at IC Markets?
IC Markets ensures investor protection through regulatory oversight, segregated accounts, and negative balance protection.
Are institutional accounts offered by IC Markets?
Yes, IC Markets provides specialized accounts designed for institutional clients.
Our Verdict
IC Markets supports multiple languages and offers a wide range of educational resources, webinars, and an affiliate program, making it a compelling choice for traders from various regions. Additionally, the broker provides access to global financial markets, catering to traders worldwide.
Overall Rating Min Deposit USD 200 Regulators FSA Trading Platform MT4, MT5, cTrader Crypto Yes Total Pairs 65 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Safety and Security
IC Markets is regulated by the Financial Services Authority (FSA) of Seychelles, ensuring strict adherence to regulatory standards and providing a secure trading environment for its clients. The FSA oversees the financial services sector in Seychelles, fostering fair and transparent markets. IC Markets’ compliance with these regulations ensures the safe handling of client funds.
The broker follows the Seychelles Securities Act and implements robust internal risk management systems to maintain proper capitalization and operational efficiency. External audits further confirm IC Markets’ commitment to full regulatory compliance. Additionally, client funds are held in segregated accounts at top-tier banks for enhanced security. IC Markets also complies with Anti-Money Laundering (AML) regulations and enforces rigorous Know Your Customer (KYC) policies to prevent fraudulent activities.
Through these comprehensive measures, IC Markets offers a secure and transparent environment for traders.
Frequently Asked Questions
Is IC Markets a regulated broker?
Yes, IC Markets is regulated by the Financial Services Authority (FSA) of Seychelles, ensuring adherence to strict financial standards.
How does IC Markets protect its clients’ funds?
IC Markets protects client funds by segregating them into accounts with reputable banking institutions and following regulatory guidelines.
What security measures does IC Markets put in place?
IC Markets adheres to Anti-Money Laundering (AML) regulations, implements Know Your Customer (KYC) policies, and undergoes external audits to maintain secure operations.
Does IC Markets adhere to the Seychelles Securities Act?
Yes, IC Markets complies with the Seychelles Securities Act, incorporating internal risk management protocols to ensure adequate capitalization and operational effectiveness.
Our Verdict
IC Markets is a highly secure and regulated broker that adheres to strict compliance measures, ensuring a safe trading environment for its clients. Its commitment to segregation of client funds, external audits, and adherence to Anti-Money Laundering (AML) and Know Your Customer (KYC) policies underscores its dedication to transparency and security.
Overall Rating Min Deposit USD 200 Regulators FSA Trading Platform MT4, MT5, cTrader Crypto Yes Total Pairs 65 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Minimum Deposit and Account Types
IC Markets offers a low minimum deposit requirement, making it accessible to traders of all experience levels. Here’s an overview of the account options:
Standard Account
With a minimum deposit of just $200, traders can start with an affordable initial investment.
Raw Spread Account
Also requiring a $200 minimum deposit, this account provides tight spreads and reduced trading costs, making it ideal for cost-conscious traders.
Islamic Account
For traders seeking Sharia-compliant solutions, the minimum deposit is similarly $200, ensuring accessibility and fairness for all.
This flexible account structure allows both beginner and experienced traders to choose an option that suits their trading style while keeping initial costs low.
Frequently Asked Questions
What is the minimum deposit required for IC Markets?
The minimum deposit for all account types at IC Markets is $200.
Is IC Markets a good choice for beginner traders?
Yes, with its low minimum deposit and variety of account types, IC Markets is an excellent option for beginners.
Are there any fees associated with opening an account?
No, IC Markets does not charge any fees for account registration.
Can I change my account type?
Yes, traders have the flexibility to switch between account types if their needs or trading strategies change.
Our Verdict
IC Markets offers an excellent trading environment with a low barrier to entry, making it accessible to both novice and seasoned traders. With flexible account options and no excessive initial costs, it’s a solid choice for anyone looking to enter the market.
Overall Rating Min Deposit USD 200 Regulators FSA Trading Platform MT4, MT5, cTrader Crypto Yes Total Pairs 65 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
How to open an IC Markets Account
1. Step 1: Start the Registration Process
The account applicant can start the IC Markets account registration process by clicking on the green “Start Trading” button located on the broker’s website.
2. Step 2: Complete the Registration Process
The applicant will be required to complete sections of information for the account application to be completed.
Overall Rating Min Deposit USD 200 Regulators FSA Trading Platform MT4, MT5, cTrader Crypto Yes Total Pairs 65 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Trading Platforms
IC Markets offers three leading trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader, each tailored to suit the preferences of different traders.
MetaTrader 4 (MT4)
MT4 is renowned for its reliability and is ideal for advanced charting, technical analysis, and automated trading through Expert Advisors (EAs). It also offers a wide range of customizable tools.
MetaTrader 5 (MT5)
An upgraded version of MT4, MT5 introduces advanced features, additional timeframes, and multi-asset trading capabilities, including Forex, stocks, and futures.
cTrader
cTrader is known for its user-friendly interface and offers transparent pricing, fast order execution, and strong charting and algorithmic trading capabilities, making it an excellent choice for professional traders.
Frequently Asked Questions
Which platform is recommended for beginners?
MetaTrader 4 (MT4) is considered very user-friendly, making it an excellent option for beginners.
Can I trade stocks on IC Markets?
Yes, you can trade stocks using both MT5 and cTrader, along with Forex and futures.
Do these platforms support automated trading?
Yes, all three platforms allow for automated trading through Expert Advisors (MT4/MT5) and cAlgo (cTrader).
Is cTrader better than MetaTrader?
It depends on individual preferences. cTrader is praised for its speed and simplicity, while MetaTrader offers more advanced customization and a wider array of tools.
Our Verdict
IC Markets provides robust and diverse platforms to suit all trading styles, from beginners to professionals. With advanced features and customization options, traders can find the ideal platform for their strategies.
Overall Rating Min Deposit USD 200 Regulators FSA Trading Platform MT4, MT5, cTrader Crypto Yes Total Pairs 65 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Fees, Spreads, and Commission
IC Markets is recognized for its low fees, tight spreads, and competitive commission structures. The Raw Spread accounts offer spreads starting at 0.0 pips, one of the tightest in the industry.
Raw Spread Account (MetaTrader)
Spreads from 0.0 pips with a commission of $3.50 per lot (round turn), ideal for day traders and scalpers.
Raw Spread Account (cTrader)
Spreads from 0.0 pips with a commission of $3 per 100k (round turn), designed for cTrader users.
Standard Account
No commission, with spreads starting at 0.8 pips, perfect for traders who prefer to avoid additional fees.
These cost-effective pricing models and flexible account options make IC Markets an excellent choice for traders seeking affordability.
Frequently Asked Questions
What is the commission on the Raw Spread account?
The commission is $3.50 per lot on MetaTrader and $3 per 100k on cTrader.
Are there any commissions on the Standard Account?
No, the Standard Account does not charge any commissions.
What are the spreads offered by IC Markets?
Spreads start from 0.0 pips for the Raw Spread accounts and 0.8 pips for the Standard Account.
Which account is most suitable for scalpers?
The Raw Spread Account, with its tight spreads and low commission, is ideal for scalpers.
Our Verdict
IC Markets offers some of the most competitive pricing in the industry, with tight spreads and low commissions. This, combined with flexible account types, makes it an excellent choice for traders looking for cost-effective trading solutions.
Overall Rating Min Deposit USD 200 Regulators FSA Trading Platform MT4, MT5, cTrader Crypto Yes Total Pairs 65 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Deposit and Withdrawal
IC Markets offers a variety of convenient deposit and withdrawal options for traders. Deposits can be made via Bank Wire, Credit/Debit Cards, Cryptocurrency Wallets, or e-wallets such as PayPal, Skrill, and Neteller. Withdrawals can be processed through the same methods, with enhanced security measures in place.
Importantly, IC Markets does not charge any fees for deposits or withdrawals, though fees from financial institutions may apply.
Frequently Asked Questions
What deposit methods are available with IC Markets?
IC Markets offers several deposit methods, including Bank Wire, Credit/Debit Cards, Cryptocurrency Wallets, PayPal, Skrill, and Neteller.
Are there any fees for withdrawals?
No, IC Markets does not charge withdrawal fees, but financial institutions may apply their fees.
How long do withdrawals take?
Withdrawal times depend on the method used, with e-wallets typically being the fastest.
Can I use cryptocurrency for making deposits?
Yes, IC Markets accepts deposits via Cryptocurrency Wallets.
Our Verdict
IC Markets offers a wide variety of convenient and fee-free deposit and withdrawal options, making it easy for traders to manage their funds securely.
Overall Rating Min Deposit USD 200 Regulators FSA Trading Platform MT4, MT5, cTrader Crypto Yes Total Pairs 65 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Customer Reviews
🥇 Great Offering.
I’ve been trading with IC Markets for over a year, and I couldn’t be happier. The spreads are incredibly tight, especially on the Raw Spread account, which has significantly improved my trading profits. The platform is user-friendly, and the customer support team is always responsive and helpful. Highly recommended for both beginners and experienced traders! – Steve
🥈 Happy Client.
IC Markets offers an impressive range of trading instruments and great platform options like MT4 and cTrader. I love the analytical tools available, which have helped me refine my strategies. The only downside I’ve experienced is that withdrawals can take a bit longer than expected, averaging around 3 business days. Overall, I’m satisfied with my experience! – Vince
🥉 Highly Recommended.
What I appreciate most about IC Markets is their transparency. The fees and spreads are clearly outlined, and there are no hidden charges. The funding process was straightforward, and my deposits were processed quickly. I’ve tried several brokers, but IC Markets stands out for its reliability and excellent trading conditions. I’m here to stay! – Kelly
Pros and Cons
| ✅ Pros | ❌ Cons |
| Low forex fees | Limited product selection |
| Fast account opening | Slow live chat support |
| Tight Spreads | Withdrawal Processing Times |
| Multiple Trading Platforms | Commission on Raw Spread Accounts |
| Low Commissions | Limited Educational Resources |
| Flexible Funding Options | Swap Rates |
Conclusion
IC Markets combines safety, competitive pricing, and a vast selection of trading instruments, making it a top choice for traders worldwide. With a focus on fast execution and low spreads, this broker is well-suited for both novice and experienced traders. Its robust regulatory framework and commitment to client support further solidify its reputation in the industry.
You might also like:
- Sign-Up Bonus
- Minimum Deposit
- Account Types
- Islamic Account
- Demo Account
- Fees, Spreads, and Commission
Frequently Asked Questions
What trading platforms does IC Markets support?
IC Markets offers popular trading platforms like MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader.
Can I use mobile trading apps with IC Markets?
Yes, IC Markets provides mobile apps for both MT4 and MT5 for trading on the go.
Does IC Markets offer trading tools or resources?
Yes, IC Markets provides various trading tools, including economic calendars, market analysis, and educational resources.
How can I open an account with IC Markets?
You can open an account online by filling out the registration form on their website.
What documents are needed to verify my account?
Typically, you will need a government-issued ID and a proof of address document.
What leverage does IC Markets offer?
IC Markets offers leverage up to 1:500, depending on the account type and regulation.
How are trades executed at IC Markets?
IC Markets uses a raw pricing model with STP (Straight Through Processing) execution for fast and efficient trading.
Is there a trading commission on trades?
The commission structure depends on the account type; Raw Spread accounts typically have a commission per trade.
What customer support options are available?
IC Markets provides customer support via live chat, email, and phone.
What hours is customer support available?
Customer support is typically available 24/5 to assist traders.
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