IC Markets Review 2026
Regulated by ASIC, CySEC
IC Markets earns its place mainly through raw execution quality. It offers true ECN pricing and deep liquidity from many providers, with trade execution often averaging under 40 milliseconds. This makes it…
Flexible leverage to suit a range of trading styles, subject to your regulatory jurisdiction.
Tight, competitive spreads on major instruments during normal market liquidity.
A low barrier to entry for opening a live trading account.
Rated AA overall, with average execution around 35 ms.
Rating Index
Trading Environment
- Avg. Execution
- 35 ms
- Platforms
- cTrader, MT4, MT5, TradingView
- Demo Account
- Available
- Regulation
- ASIC, CySEC
Pros
- True ECN pricing from many liquidity providers
- Spreads can be as low as 0.0 pips on the Raw Spread account during peak hours
- Order execution is very fast, often under 40 milliseconds
- High maximum leverage is available for eligible accounts
- Deep liquidity helps with larger trades, limiting slippage
- You can choose from MT4, MT5, cTrader, and TradingView
Cons
- Requires a higher minimum deposit than some competing platforms.
- Raw accounts charge a commission fee in addition to market spreads
- Limited proprietary research or in-house market analysis tools
Overview
Established in 2007 and with its headquarters in Australia, IC Markets provides trading access across Forex, CFDs, Indices, Commodities, and Cryptocurrencies to a global clientele.
Our assessment gave IC Markets an Editorial Score of 9.5 out of 10. This makes it one of the stronger choices among brokers we review, thanks to its regulation, trading conditions, and platform selection.
Regulation & Safety
IC Markets is regulated by ASIC and CySEC. It follows the specific rules for capital adequacy, conduct, and client money set by each of these licensing bodies.
Regulators require client funds to be held in segregated accounts, separate from IC Markets’s own operating capital. This is a standard practice for investor protection.
Trading Platforms
IC Markets offers MT4, MT5, cTrader, and TradingView. These options give traders flexibility for manual discretionary trading, automated strategies with EAs, or chart-focused workflows.
You can access each platform on desktop, web browser, and mobile apps. So, you can monitor and trade your IC Markets account from almost any device.
Fees & Spreads
IC Markets’s spreads start from 0 pips, varying by account type and market liquidity. You’ll need a minimum deposit of $200 to open an account.
Where local regulations allow, leverage can go up to 1:500. Remember, higher leverage amplifies both potential gains and losses, so managing position size and risk is always the trader’s job, no matter the leverage offered.
Account Types
IC Markets offers multiple account types suited to different experience levels and trading styles, typically differentiated by spread/commission structure and minimum deposit.
IC Markets also offers a swap-free Islamic account option for clients who require Sharia-compliant trading conditions, removing overnight swap charges on eligible positions.
Deposit & Withdrawal
You can fund your IC Markets account using bank transfers, debit/credit cards, and certain e-wallets. Processing times will vary based on the method, currency, and your region.
Before funding a live account, it’s smart to confirm current deposit and withdrawal times and any fees directly with IC Markets. Payment provider terms can change, and you’ll want the latest info.
Customer Support
IC Markets provides customer support through live chat, email, and phone. They offer multilingual coverage, targeting their main client regions.
Response times and support hours can differ by region and channel. For urgent account or platform questions, live chat is usually the quickest way to get help.
Education & Research
IC Markets offers educational resources to help traders build market knowledge alongside their trading. These include written guides and structured video content.
Newer traders building foundational knowledge will find these resources most helpful. More experienced traders might lean on third-party research and their own strategy testing.
Who Is It Best For?
Considering its regulation, platform choices, and fee structure, IC Markets works well for traders who prioritize ECN and low spreads.
If your priorities are different, say you’re looking for the absolute lowest cost or a specific platform IC Markets doesn’t offer, you should compare it against alternatives on our Best Forex Brokers and Best MT4 Brokers pages before making a decision.
Final Verdict
IC Markets earns its place mainly through raw execution quality. It offers true ECN pricing and deep liquidity from many providers, with trade execution often averaging under 40 milliseconds. This makes it a great fit for scalping and algorithmic trading strategies.
It offers less educational content than brokers aimed at beginners, which is a drawback. Its commission-based Raw Spread account also adds a separate cost, one traders might overlook when comparing advertised spreads. Still, for those with a strategy who simply want quick, clean fills, it's a solid option.