IC Markets
OVERALL RATING
UNUM
- Regulation8.1
- Trading conditions8.2
- Platform and services8.7
- Safety and protection9
- Customer support8
Features
Demo account
Free
Balance protection
Negative balance
Islamic account
Swap-free
Copy trading
Social copy
Mobile app
iOS and Android
AI trading
Autochartist and robots
24/7 Support
Live chat and email
Social network
Investment community
Description
Who it suits
IC Markets is optimal for experienced traders, scalpers, HFT traders, and algo traders for whom the lowest total trading costs are critical. The broker leads on spread-plus-commission pricing for EUR/USD among retail ECN brokers. A wide instrument selection (3,583+) covers forex, stocks, indices, commodities, ETFs, and bonds. It is less suitable for beginners due to the $200 minimum deposit and the lack of advanced educational resources.
Briefly about the broker
ECN broker · Australia
Trading conditions
IC Markets offers three live account types. The Standard account includes commission in the spread (from 1.0 pips on EUR/USD), requires a $200 minimum deposit, and is available on MT4, MT5, and cTrader. Raw Spread MT4/MT5 provides raw spreads from 0.0 pips plus a $7 round-turn commission ($3.50 per side) with the same deposit requirement. Raw Spread cTrader offers identical spreads with a slightly lower commission of $6–6.50 per lot, plus Level II market depth, cAlgo for C# algo trading, enhanced execution analytics, and detailed slippage reports. Swap-free (Islamic) versions are available for all three account types. Maximum leverage is 1:1000 (offshore) / 1:30 (EU/UK). There are no deposit or withdrawal fees and no inactivity fee.
Platforms and tools
Main focus — MT5, TradingView, MT4, cTrader.
Account conditions and trading types IC Markets
Raw Spread MT4/MT5
- Min. deposit
- $200
- Spread from
- from 0.0 pips
- Commission per lot
- $7 round turn
- Leverage
- 1:1000*
Raw Spread cTrader
- Min. deposit
- $200
- Spread from
- from 0.0 pips
- Commission per lot
- $6 round turn
- Leverage
- 1:1000*
Standard MT4/MT5
- Min. deposit
- $200
- Spread from
- from 0.6 pips
- Commission per lot
- $0
- Leverage
- 1:1000*
Account conditions and trading types IC Markets
| Account type | Min. deposit | Spread from | Commission per lot | Leverage |
|---|---|---|---|---|
| Raw Spread MT4/MT5 | $200 | from 0.0 pips | $7 round turn | 1:1000* |
| Raw Spread cTrader | $200 | from 0.0 pips | $6 round turn | 1:1000* |
| Standard MT4/MT5 | $200 | from 0.6 pips | $0 | 1:1000* |
All materials on the website are provided for informational purposes only and do not constitute investment advice. Data on spreads, commissions, and terms (including rebates and promotions) may vary depending on the region, account type, and registration; therefore, the administration does not guarantee their accuracy and is not liable for users' decisions.