Broker Overview:
Source: IC Markets official website.
IC Markets
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Trading leveraged financial instruments involves a high level of risk and may not be suitable for all investors.
Quick Overview
Disclosure: This page reviews and compares several brokerage platforms including IC Markets. MarketsReview.org is an independent website operated by VIP Affiliate Network Ltd. We are not employees, representatives, or an affiliated company of any broker listed on this site. We may receive compensation from listed brokers through affiliate partnerships. All information is for educational and informational purposes only and does not constitute financial or investment advice.
About IC Markets
IC Markets (International Capital Markets Pty Ltd) is an Australian-based ECN broker that has built a strong reputation since 2007. The broker provides access to forex, commodities, indices, bonds, cryptocurrencies, and futures through advanced trading platforms including MetaTrader 4, MetaTrader 5, and cTrader. IC Markets is particularly popular among algorithmic traders and scalpers due to its raw spread accounts with spreads starting from 0.0 pips and execution speeds averaging 40ms. The broker is regulated by the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Authority (FSA) of Seychelles. IC Markets serves over 180,000 active traders from more than 200 countries, processing an average daily trading volume exceeding $18.9 billion.
Source: IC Markets official website.
Explore IC Markets Trading Platform
Visit the official IC Markets website to learn more about their trading conditions and account options.
This link may be an affiliate link. We may receive compensation if you register through it.
Trading leveraged financial instruments involves a high level of risk and may not be suitable for all investors. You may lose more than your initial investment.
Broker Details
ASIC, CySEC, FSA (Seychelles)
$200
MetaTrader 4, MetaTrader 5, cTrader
Forex, Commodities, Indices, Bonds, Crypto, Futures
Standard, Raw Spread, cTrader Raw
24/7 Live Chat, Email, Phone
Pros & Cons
Advantages
- Ultra-low raw spreads starting from 0.0 pips
- Fast execution speeds averaging 40ms
- Regulated by tier-1 authorities (ASIC, CySEC)
- Supports MetaTrader 4, MetaTrader 5, and cTrader
- Deep institutional-grade liquidity
Disadvantages
- Higher minimum deposit ($200) compared to some competitors
- Limited educational resources for beginners
- No proprietary trading platform
Fees & Costs
| Spreads | From 0.0 pips (Raw), 0.8 pips (Standard) |
| Commission | $3.50 per lot per side (Raw accounts) |
| Swap / Overnight Fees | Variable, competitive overnight rates |
| Inactivity Fee | None |
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Trading leveraged financial instruments involves a high level of risk and may not be suitable for all investors.
How Does IC Markets Compare?
Side-by-side comparison of IC Markets with other reviewed brokers across key features, fees, and trading conditions.
| Feature | IC Markets | Vantage Markets | XM | RoboForex | PU Prime |
|---|---|---|---|---|---|
| Regulation | ASIC, CySEC, FSA (Seychelles) | ASIC, FCA, CIMA | CySEC, ASIC, DFSA, IFSC | FSC (Belize) | ASIC, FSA (Seychelles), CIMA |
| Min. Deposit | $200 | $50 | $5 | $10 | $20 |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader | MetaTrader 4, MetaTrader 5, ProTrader, Vantage App | MetaTrader 4, MetaTrader 5 | MetaTrader 4, MetaTrader 5, R StocksTrader, MobileTrader App | MetaTrader 4, MetaTrader 5, cTrader |
| Spreads | From 0.0 pips (Raw), 0.8 pips (Standard) | From 0.0 pips (RAW ECN), 1.4 pips (Standard STP) | From 0.6 pips (Ultra Low), 1.6 pips (Standard) | From 0.0 pips (ECN), 1.3 pips (Pro) | From 0.0 pips (ECN), 1.3 pips (Standard) |
| Commission | $3.50 per lot per side (Raw accounts) | $3 per lot per side (RAW ECN), $0 (Standard) | $0 (Standard), $3.50 per lot (Shares) | $20 per million (ECN), $0 (Pro/Standard) | $3.50 per lot per side (ECN), $0 (Standard) |
| Instruments | Forex, Commodities, Indices, Bonds, Crypto, Futures | Forex, Indices, Commodities, Share CFDs, ETFs, Bonds | Forex, Stock CFDs, Commodities, Indices, Precious Metals, Energies | Forex, Stocks, Indices, ETFs, Commodities, Metals, Energies | Forex, Indices, Commodities, Share CFDs, Metals, Energies, Crypto |
| Account Types | Standard, Raw Spread, cTrader Raw | Standard STP, RAW ECN, Pro ECN | Micro, Standard, Ultra Low, Shares | Pro, ECN, R StocksTrader, ProCent, Prime | Standard, Pro, ECN, Cent |
| Max Leverage | Up to 1:500 (varies by jurisdiction) | Up to 1:500 (varies by jurisdiction) | Up to 1:1000 (varies by jurisdiction and account type) | Up to 1:2000 (varies by account type) | Up to 1:1000 (varies by jurisdiction) |
| Deposit Methods | Bank Transfer, Credit/Debit Card, Skrill, Neteller, PayPal, UnionPay | Bank Transfer, Credit/Debit Card, Skrill, Neteller, FasaPay, UnionPay | Bank Transfer, Credit/Debit Card, Skrill, Neteller, Local Methods | Bank Transfer, Credit/Debit Card, Skrill, Neteller, Local Methods | Bank Transfer, Credit/Debit Card, Skrill, Neteller, FasaPay |
| Customer Support | 24/7 Live Chat, Email, Phone | 24/5 Live Chat, Email, Phone | 24/5 Live Chat, Email, Phone (30+ languages) | 24/7 Live Chat, Email, Phone | 24/5 Live Chat, Email, Phone |
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| Actions | Visit |
Broker links may be affiliate links. We may receive compensation if you register through them. This comparison is for informational purposes only. Source: respective brokers' official websites.
Assessment Summary
IC Markets is an excellent choice for experienced traders and scalpers who prioritize ultra-low spreads and fast execution. The broker's ECN model provides direct market access with minimal slippage, making it particularly suitable for high-frequency trading strategies. While the minimum deposit is higher than some competitors, the overall cost structure is among the most competitive in the industry.
This assessment is based on our independent review methodology and does not constitute financial advice.
Frequently Asked Questions
Interested in IC Markets?
Visit the official IC Markets website to learn more about their trading conditions, platform features, and account options. Risk applies to all trading activities.
Visit IC Markets WebsiteThis link may be an affiliate link. We may receive compensation if you register through it.