IC Markets at a glance
IC Markets is a global CFD and Forex broker founded in 2007, offering MetaTrader 4, MetaTrader 5, cTrader and TradingView with institutional-grade pricing and execution.
IC Markets reports a founding year of 2007 and a head office in Eden Plaza, Office 222, Eden Island, Mahé, Seychelles. It lists 3 regulators and 5 trading platforms.
BrokerBazaar verdict
Our research team has not yet published a written verdict for IC Markets. The BrokerBazaar Intelligence Score is 83/100 (low risk), computed from regulatory, operational, transparency, reputation and domain-history signals. Scores are editorial assessments, not user ratings, and are never influenced by payment.
Legal entities, regulation and licences
IC Markets operates through 3 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by at least one strict-tier regulator.
Licence check: Not independently checked. BrokerBazaar is currently reviewing this broker's information against public records. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
IC Markets states that it accepts clients from Australia, UAE, UK, Germany, India, South Africa, Nigeria, Singapore. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: Forex, Metals, Indices, Commodities, Stocks, Crypto, ETFs, Futures. Platforms: MT4, MT5, cTrader, TradingView, MetaTrader 5 & 4. Account types: Raw Spread, Standard, cTrader Raw.
Best-for tags assigned by our team: Scalpers, Day Traders, Low Spreads, Advanced.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is No minimum stated. Spreads start from 0.0 pips (Raw Spread (MT4/MT5)) and commission is None (Standard (MT4/MT5)) · From $3.50 per lot/side (Raw Spread (MT4/MT5)). Maximum leverage is Up to 1:5000, subject to the cap of the entity that holds your account. Figures refer to Raw Trading Ltd (FSA (Seychelles)), the entity serving international clients, checked 24 September 2026.
Swap-free / Islamic account: available (conditional). Swap type: variable. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Bank Transfer, Credit Card, PayPal, Skrill, Neteller, Crypto. Withdrawal methods: Bank Transfer, Credit Card, PayPal, Skrill, Neteller.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Yes. Scalping allowed: Yes. Algorithmic trading allowed: Yes. News trading allowed: Yes. Hedging: not specified. These conditions were compiled from public information and have not yet been confirmed by the broker.
Client-money rules follow the regulator of the entity that holds your account: ASIC: Held in segregated client trust accounts under the Corporations Act. Compensation: No central scheme; AFCA handles disputes. CySEC: Segregated under MiFID II client-asset rules. Compensation: ICF — up to €20,000 per client. FSA Seychelles: Segregation expected but rules are lighter than onshore. Compensation: No central compensation scheme.
Complaints and dispute process
Formal complaints: compliancesc@ic.com. Phone: +248 467 19 76. Complaints are acknowledged in writing within 2 business days and typically resolved within 21 business days, extendable up to 90 business days for complex cases. Unresolved complaints can be escalated to the Financial Commission, and then to the FSA Seychelles.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: Raw spreads from 0.0 pips
- Strength: Ultra-fast execution under 40ms
- Strength: Deep liquidity with no dealing desk
- Strength: Multiple platform options
- Strength: Supports high-volume traders
- Limitation: No proprietary platform
- Limitation: Limited educational content
- Limitation: Higher minimum deposit than some competitors
Who this broker suits, and who it does not
IC Markets is most relevant to traders looking for: Scalpers, Day Traders, Low Spreads, Advanced.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence but would be onboarded by an offshore entity, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
IC Markets change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for IC Markets yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about IC Markets
Data sources. Broker submission, the regulator registers linked above, ASIC Professional Registers (AFSL 335692) & CySEC public register, web-archive and domain records, and third-party traffic data. Last register check 2026-07-26. External ratings: Trustpilot 4.8/5; FX Empire 4.7/5; Google Play Store 4/5; Forex Peace Army 3.25/5; BrokersView 4.8/5; WikiFX 9.1/10.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We may receive a referral fee if you open an account with IC Markets through our links; this never affects scores or verification. How we make money. Trading leveraged products carries a high risk of loss.