IC Markets Broker Review (2025 Update)
: Real Data. Real Transparency.
🏅 Trust Score: 9.1 / 10
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Regulation & Safety (30%): 9.7/10
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Execution & Pricing (25%): 9.5/10
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Fees & Rebate (20%): 9.0/10
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User Feedback (15%): 8.5/10
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Customer Service (10%): 8.5/10
Decision Snapshot
- You’re a Fit If: You need ECN‑class spreads, fast execution, and robust regulation for high‑volume or algorithmic trading.
- Consider Elsewhere If: You’re a small‑capital beginner or require built‑in social/copy‑trading features.
Note: This review is for informational purposes only. Please verify all details directly with IC Markets before opening an account.
Why 9.1/10? IC Markets earns a 9.1/10 thanks to its top‑tier regulation (ASIC & CySEC), true ECN pricing with ultra‑tight spreads and low commissions, lightning‑fast execution on Equinix servers, and comprehensive platform support (MT4, MT5, cTrader). Minor deductions come from its $200 minimum deposit and leverage caps for EU/AU clients.
Trust & Compliance
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Regulators & Licences: ASIC (Australia), CySEC (Cyprus), FSA (Seychelles)
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Entity Breakdown:
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IC Markets AU Pty Ltd (ASIC, AFSL 335692)
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IC Markets EU Ltd (CySEC, CIF 362/18)
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IC Markets Global Ltd (FSA SD025)
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Client Protections: Segregated bank accounts, negative‑balance protection (ASIC/EU)
Cost Structure
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Spreads: From 0.0 pips on Raw Spread (ECN) accounts; ~1.0 pip on Standard
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Commissions: $3.00 per side on Raw Spread & cTrader accounts
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Overnight (Swap) Rates: Fully transparent in platform
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Other Fees: No deposit or inactivity fees, no minimum commission
Execution & Liquidity
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Latency: <1 ms on Equinix NY4/LD5 for ECN accounts
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Slippage & Requotes: Virtually zero requotes in normal conditions; deep Tier‑1 liquidity
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Order Types: Market, Limit, Stop, OCO—100% No Dealing Desk
Leverage & Margin
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Max Leverage:
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Up to 1:500 under FSA (Seychelles)
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1:30 for ASIC & CySEC retail clients
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Margin Call / Stop‑Out Levels: 100% / 50%
Platforms & Tools
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MT4 & MT5: Desktop, Web, Mobile (iOS/Android)
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cTrader: Full DOM, advanced charting, one‑click execution
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VPS: Free for clients meeting minimum monthly volume
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Value‑Adds: AutoChartist, Myfxbook integration, economic calendar
Account Types
Account Type
Spreads
Commission
Min. Deposit
Best For
Standard
From 0.8 pips
$0
$200
Discretionary Traders
Raw Spread
From 0.0 pips
$3.5($7/lot round turn)
$200
EAs & Scalpers
Raw Spread (cTrader)
0.0 pips fixed
$3($6/ USD 100k round turn
$200
Day Traders & Scalpers
Funding & Withdrawals
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Methods: Bank transfers, credit/debit card, Skrill, Neteller, local e‑wallets, crypto
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Withdrawal Speed: Same‑day to 1 business day (e‑wallets usually faster)
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Fees: IC Markets absorbs all withdrawal fees
Customer Support & Education
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Support Channels: 24/7 live chat, email, local phone numbers in multiple regions
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Response Times: Chat replies in <30 sec; email within 1 hour
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Educational Resources: Regular webinars, video tutorials, in‑platform trade analytics
Rebates & Promotions
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Rebate via RTX: Not currently available for IC Markets via RebateTraderX. Contact us for partnership inquiries or to be notified if this changes.
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Promotions: Occasional volume‑based cashback boosters; loyalty program tiers
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Terms: Transparent T&Cs, no hidden roll‑over requirements