IC Markets Overview
| Website | icmarkets.com |
| Year Founded | 2007 |
| Countries of Registration | Seychelles, Australia, Cyprus, Kenya |
| Website Languages | English, Simplified Chinese, Thai, Indonesian, Korean, German, French, Spanish, Vietnamese, Russian, Arabic, Italian, Bulgarian, Croatian, Traditional Chinese |
| Regulators | SFSA, ASIC, CySEC, CMA |
| Broker Type | ECN, DMA |
| Dealing | A-book |
| Minimum Deposit | $200 |
| Account Currencies | USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, HKD |
| Spread | low |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView |
| Trading Assets (CFDs) | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities |
In the bustling world of online trading, IC Markets has carved out a distinct identity since its inception. With a commitment to providing exceptional trading conditions, this broker has emerged as a popular choice for both retail and institutional traders. Rooted in a philosophy of transparency and efficiency, IC Markets offers an environment where traders can execute their strategies with confidence, aided by advanced technologies and robust platforms like MetaTrader 4, MetaTrader 5, and cTrader. Over the years, IC Markets has become particularly favored by scalpers and day traders seeking ultra-tight spreads and rapid execution speeds. The broker's no-dealing-desk model ensures that clients can navigate the markets with clarity and precision, accessing a diverse range of assets from currencies to cryptocurrencies. As traders from various backgrounds find their footing here, IC Markets stands as a reliable partner, dedicated to supporting their journeys in the dynamic trading landscape.
Brief look at IC Markets
IC Markets is a leading forex and CFD broker, well-known for its exceptional trading conditions and advanced technology. Established in 2007 and regulated by multiple top-tier authorities, including ASIC, CySEC, and the FSA Seychelles, IC Markets has earned a solid reputation among retail and institutional traders alike. The broker is particularly favored by scalpers, day traders, and algorithmic traders for its ultra-tight spreads, fast execution speeds, and no-dealing-desk (NDD) model. With access to powerful platforms like MetaTrader 4, MetaTrader 5, and cTrader, IC Markets offers a seamless trading experience across various asset classes, including forex, indices, commodities, and cryptocurrencies. Its focus on transparency, competitive pricing, and exceptional liquidity ensures that traders can execute strategies efficiently. However, while IC Markets excels in trading infrastructure, it offers limited educational resources, which may not fully cater to beginners.
Pros
- Regulated by top-tier authorities (ASIC, CySEC)
- Tight spreads starting from 0.0 pips on Raw Spread accounts
- No dealing desk (NDD) model ensures transparent and fast execution
- Excellent platforms: MetaTrader 4, MetaTrader 5, and cTrader
- High liquidity and competitive pricing ideal for scalping and algorithmic trading
- Wide range of tradable assets, including cryptocurrencies
- Dedicated 24/7 customer support
Cons
- Restricted availability in some regions due to regulatory constraints
- Withdrawal fees may apply for certain methods
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IC Markets Reviews
IC Markets is a top-notch broker with ultra-low spreads and fast execution on MT4. The minimum deposit is reasonable, and the variety of account types is great for all trading styles.
3/15/2024I’ve been using IC Markets Global for a year now. The leverage options are excellent, and MT5 is very stable. However, the withdrawal fees could be more competitive.
4/5/2024The demo account helped me practice trading before going live. IC Markets is regulated and offers reliable platforms. Downloading MT4 and logging in was straightforward.
2/20/2024IC Markets is one of the best brokers in the EU market. The spreads are incredibly tight, and the trading fees are transparent. The only downside is the limited educational materials for beginners.
3/30/2024Perfect broker for scalpers! IC Markets’ execution speed and tight spreads make it ideal for my strategy. The range of account types and leverage options is unmatched.
1/15/2024Leave a Review
Is IC Markets regulated?
| Companies | Raw Trading Ltd, International Capital Markets Pty Ltd, IC Markets (EU) Ltd, IC Markets (KE) Limited |
| Countries | Seychelles, Australia, Cyprus, Kenya |
| Regulators | SFSA, ASIC, CySEC, CMA |
| Investor Protection | Investor Compensation Fund (ICF) |
| Investor Protection Size | €20 000 |
| Publicly Traded | |
| Segregated Accounts | |
| Guaranteed Stop Loss | |
| Negative Balance Protection |
IC Markets Account Types
| Property | Standard | Raw Spread |
|---|---|---|
| Min Deposit | $200 | $200 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.6 pips | 0 pips |
| Commission per lot | No | $7 per 1 lot |
| Max Leverage | 1:500 | 1:500 |
| Stop Out | 50% | 50% |
| Margin Call | 100% | 100% |
Additional Features
- Demo Account
- VIP Account
- Swap-Free Account
- Copy Trading
- VPS
- PAMM/MAM Accounts
IC Markets Funding and Fees
| Base currencies | USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, HKD |
| Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, Bpay, FasaPay, Klarna, POLi, Rapidpay |
| Inactivity fee | |
| Interest on margin | |
| Withdrawal fee |
IC Markets Trading Platforms and Conditions
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView |
| Execution Speed | 40 ms |
| Scalping | |
| Expert Advisors (EAs) | |
| Depth of Market (DOM) | |
| Spread | low |
IC Markets Trading Assets
| Currencies | 61 |
| Indices | 25 |
| Stocks | 2175 |
| Cryptocurrencies | 21 |
| Bonds | 10 |
| Metals | 7 |
| Energies | 5 |
| Soft Commodities | 8 |
| ETFs | 38 |
Education and Analytics
| Economic Calendar | |
| Indicators | |
| Robots | |
| Signals | |
| Autochartist | |
| Expert Analytics | |
| News Feed | |
| Education Articles | |
| Webinars | |
| Seminars |
IC Markets Support
| support@icmarkets.com | |
| Phone | +2484671976 |
IC Markets Alternatives
| Broker | IC Markets | Pepperstone | Exness | CMC Markets | FP Markets | XM |
|---|---|---|---|---|---|---|
| Type | ECN, DMA | ECN, DMA | MM, STP, ECN | MM | ECN | MM |
| Minimum Deposit | $200 | $1 | $10 | $1 | $100 | $5 |
| Regulators | SFSA, ASIC, CySEC, CMA | ASIC, SCB, CySEC, DFSA, BaFin, CMA, FCA | FCA, SFSA, FSCA, FSC, BVIFSC, CySEC, CBCS, CMA | FCA, BaFin, FMA, KNF, FSAN, CNMV, CIRO, ASIC, NZ FMA, MAS, DFSA | ASIC, CySEC, FSCA, SVGFSA, SFSA | BFSC, CySEC, ASIC, DFSA |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), CMC Markets | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Spread | low | low | low | low | low | low |
| Leverage | 1:500 | 1:500 | 1:2000 | 1:30 | 1:500 | 1:1000 |
| Assets (CFDs) | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, ETFs, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies | Currencies, Indices, Stocks, ETFs, Bonds, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, Soft Commodities |
| Review | Pepperstone Review | Exness Review | CMC Markets Review | FP Markets Review | XM Review | |
| Comparison | IC Markets vs Pepperstone | IC Markets vs Exness | IC Markets vs CMC Markets | IC Markets vs FP Markets | IC Markets vs XM |
Is IC Markets Right for You?
IC Markets stands out as a premier forex and CFD broker, recognized for its superior trading conditions and cutting-edge technology. With regulation from top-tier authorities like ASIC and CySEC, traders can benefit from ultra-tight spreads starting at 0.0 pips and a no-dealing-desk execution model. The broker's robust platforms, including MetaTrader 4, MetaTrader 5, and cTrader, cater exceptionally well to scalpers and algorithmic traders, ensuring a smooth trading experience across a diverse range of assets. However, potential users should be aware of some limitations. IC Markets' availability may be restricted in certain regions due to regulatory constraints, and while the broker offers a comprehensive trading environment, it lacks extensive educational resources, which could be a drawback for novice traders. Additionally, withdrawal fees may apply depending on the chosen method, which could affect overall cost-effectiveness. In conclusion, IC Markets is highly recommended for experienced traders, scalpers, and algorithmic traders seeking competitive pricing and fast execution. On the other hand, beginners or those requiring more educational support may find the platform less suitable, as it may not fully meet their needs for learning and development.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.
