Key Takeaways

  • Competitive trading costs, industry-leading low spreads.
  • Fast execution speeds, and reliable servers with low latency.
  • Regulated by Australia’s ASIC, Cyprus CySEC and Seychelles FSA.
  • Trustworthy broker, high customer ratings.


We start our IC Markets review with a quick analysis of the overall ratings of this excellent Australia-based CFDs broker.

IC Markets Overall rating

4.9
Ranked 1 out of 1757 (Forex Brokers)
Overall rating is derived from an aggregate of ratings in multiple categories.
Rating Weight
Real customer rating 3
Popularity
5.0
3
Regulation
5.0
2
Pricing rating
5.0
1
Features
5.0
1
Customer Support
5.0
1

IC Markets pricing: the broker scores 5 out of 5 for its competitive cost of trading. Spreads on the Standard account, with the MT4 and MT5 platforms, start at 0.6 pip, with no trading commissions. The highlight goes to IC Markets’ RAW account, available with the MT4, MT5 and cTrader. The RAW account spreads start at 0.0 pip (and most FX pairs have a typical spread of 0.0 pip), with an average commission of $7 per traded lot.

IC Markets regulations: with strong regulations in place, the broker scores an excellent 5 out of 5. IC Markets has entities regulated by tier-1 financial authorities, Australia’s ASIC and Cyprus CySEC, and also by Seychelles FSA (mainly catering traders looking for higher leverage limits).

IC Markets popularity: the broker is very popular with the trading community, and scores 5 out of 5, again, thanks to some of its unique features. IC Markets provides traders with an excellent ECN environment trading condition, with fast execution speeds and industry-leading low spreads.

IC Markets user rating: currently, the broker receives a score of 4.7 out of 5, from the verified traders with a live trading account. Most traders praise the broker for its low spreads and fast execution times.

IC Markets Regulation / Money Protection

5.0
Company Licenses & Regulations Segregated Client Money Deposit Compensation Scheme Negative Balance Protection Rebates Max. Leverage Retail Clients
International Capital Markets Pty Ltd 30 : 1
IC Markets (EU) Ltd up to €20,000 30 : 1
Raw Trading Ltd 500 : 1

IC Markets European regulation: IC Markets (EU) Ltd is registered as a Cyprus Investment Firm (CIF), and is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC). IC Markets (EU) Ltd registered office is at 141 Omonoias Avenue, The Maritime Centre, Block B, 1st floor, 3045 Limassol, Cyprus. The CySEC licence allows IC Markets (EU) Ltd to carry out brokerage activities in Europe, as an intermediary in the financial markets, respecting the MiFID obligations.

IC Markets Australian regulation: International Capital Markets Pty Ltd, with ACN 123 289 109, and trading as IC Markets, is licensed by the Australian Securities & Investments Commission (ASIC). International Capital Markets Pty Ltd is registered to carry out financial services business in Australia, limited to the financial services covered by its AFSL licence. The trading name, IC Markets, used by International Capital Markets Pty Ltd, is also used by the other entities.

IC Markets Seychelles FSA regulation: Raw Trading Ltd is registered in Seychelles with company number 8419879-2 and trading as IC Markets Global. Raw Trading Ltd has a registered address at Eden Plaza, Office 209, Eden Island, Mahe, Seychelles, and is regulated by the Seychelles Financial Services Authority (FSA) with a Securities Dealer licence, number SD018.

Client Money Protection

IC Markets complies with the highest safety standards regarding clients' funds, by offering segregated accounts. IC Markets client’s funds are kept fully segregated from the company's funds, in top-tier international banks.

Regulatory Deposit Insurance

Only IC Markets (EU) Ltd offers regulatory deposit insurance. This entity is a member of the ICF, an investor compensation fund for clients of CIF companies, and is regulated by the CySEC’s directive DI87-07. In the unlikely event of insolvency, clients of IC Markets (EU) Ltd might be entitled to compensation up to the value of €20,000 per claim.

Negative Balance Protection

All of the IC Markets group entities (IC Markets (EU) Ltd, International Capital Markets Pty Ltd and Raw Trading Ltd) have an NBP mechanism in place, by default, protecting traders from any losses bigger than their original investments.

Professional Indemnity Insurance

Customers of International Capital Markets Pty Ltd (IC Markets Australia) are protected by Professional Indemnity Insurance, maintained with the Lloyd's of London. Customers of Raw Trading Ltd (IC Markets Global) can also enjoy an extra layer of protection provided by the Professional Indemnity Insurance maintained with H Savy Insurance Co Ltd Seychelles.

IC Markets Cashback rebates

Cash back rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.
  Standard Raw Spread cTrader Raw
ForexFX Majors: 0.20 Pips
FX Others: 0.30 Pips
21.50% Of Commissions Paid$0.60 Per 100K USD Traded
Metals0.30 Pips21.50% Of Commissions Paid$0.60 Per 100K USD Traded
IndicesUp to $1.25 Per LotUp to $1.075 Per Lot$0.60 Per 100K USD Traded
CryptocurrenciesUp to $0.5 Per LotUp to $0.43 Per Lot$0.60 Per 100K USD Traded
Payment Options
Spread Reduction
By opening your account through us you'll trade on lower spreads!
Monthly Cash Back - Real Time Reports
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. Real-time “reports” are posted on your profile dashboard: 1) for most MT4 accounts every 10 minutes; 2) for XM accounts every few hours; 3) and for all: MT5, IC Markets, ThinkMarkets & EightCap accounts (Crypto transactions are not included in Real-time reports) once daily.
Commission reduction
By opening your account through us you'll trade on lower commissions!
Monthly Cash Back - Real Time Reports
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. Real-time “reports” are posted on your profile dashboard: 1) for most MT4 accounts every 10 minutes; 2) for XM accounts every few hours; 3) and for all: MT5, IC Markets, ThinkMarkets & EightCap accounts (Crypto transactions are not included in Real-time reports) once daily.
  Standard
Forex FX Majors: 0.20 Pips
FX Others: 0.30 Pips
Metals 0.30 Pips
Indices Up to $1.25 Per Lot
Cryptocurrencies Up to $0.5 Per Lot
Payment Options
Spread Reduction
By opening your account through us you'll trade on lower spreads!
Monthly Cash Back - Real Time Reports
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. Real-time “reports” are posted on your profile dashboard: 1) for most MT4 accounts every 10 minutes; 2) for XM accounts every few hours; 3) and for all: MT5, IC Markets, ThinkMarkets & EightCap accounts (Crypto transactions are not included in Real-time reports) once daily.
  Raw Spread
Forex 21.50% Of Commissions Paid
Metals 21.50% Of Commissions Paid
Indices Up to $1.075 Per Lot
Cryptocurrencies Up to $0.43 Per Lot
Payment Options
Commission reduction
By opening your account through us you'll trade on lower commissions!
Monthly Cash Back - Real Time Reports
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. Real-time “reports” are posted on your profile dashboard: 1) for most MT4 accounts every 10 minutes; 2) for XM accounts every few hours; 3) and for all: MT5, IC Markets, ThinkMarkets & EightCap accounts (Crypto transactions are not included in Real-time reports) once daily.
  cTrader Raw
Forex $0.60 Per 100K USD Traded
Metals $0.60 Per 100K USD Traded
Indices $0.60 Per 100K USD Traded
Cryptocurrencies $0.60 Per 100K USD Traded
Payment Options
Commission reduction
By opening your account through us you'll trade on lower commissions!
Monthly Cash Back - Real Time Reports
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. Real-time “reports” are posted on your profile dashboard: 1) for most MT4 accounts every 10 minutes; 2) for XM accounts every few hours; 3) and for all: MT5, IC Markets, ThinkMarkets & EightCap accounts (Crypto transactions are not included in Real-time reports) once daily.

Notes

Rebates are not paid for accounts registered with CySEC, Bahamas SCB and ASIC entities.


What are IC Markets rebates?

IC Markets rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.

Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.

How do IC Markets rebates work?

When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.

Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.

How much IC Markets rebates can I earn?

Use our forex rebate calculator to estimate your IC Markets rebate earnings:

You must enter a valid number

Are IC Markets rebates a scam; do my spreads increase?

IC Markets rebates paid by legitimate rebate providers are not a scam, however scams do exist. The most common scam is a rebate provider that marks up the spread or commission in order to pay a higher rebate than competitors. Many brokers do allow a referring party, or rebate provider, to markup costs to traders they refer. Obviously this defeats the purpose of the service provided by the rebate provider and thus jeopardizes the viability of the rebate provider’s reputation and business, so a reliable provider wouldn’t consider this. Besides this, certain rebate providers may not pay on time, or not at all. This is why it’s important to choose a reliable provider.

When working with a trustworthy rebate provider, there is no ‘catch’. It is more beneficial to a trader’s financial position to work with a rebate provider than solely with the forex broker.

Are there any other benefits to signing up for IC Markets rebates?

It depends on the rebate provider. Due to our unique relationship with many brokers, we have often mediated between brokers and clients in order to help successfully resolve client issues, including clients who are having withdrawal issues. Brokers are often very fast to respond to us, since we typically have many clients with them. Our knowledgeable support team is available 24 hours per day in 8 native languages & 23 total languages for any questions. We also offer trading tools, calculators, reviews and a robust forex education section.

How are forex rebates paid?

Because we deal with so many traders in so many different countries and serve 23 languages we have to cover a wide array of options. Here’s what we offer:

Forex rebate options vary per broker:

Monthly cash back Payments are credited and sent automatically by the 12 of the month following the month rebates are earned in.
Spread or commission reduction The trader actually receives reduced commissions and/or spreads. This is an exciting option offered by some of our top brokers.
Paid direct to brokerage account Cashback is credited directly to the trader’s brokerage account, typically between 1-7 days after the trade is closed. This is another exciting options offered by some of our top brokers.

In the case of the ‘Monthly cash back’ rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, China Unionpay, and Neteller. Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates less often than monthly.

IC Markets Web traffic

Websites
icmarkets.com
Organic monthly visits 2,975,287 (88%)
Organic traffic rank 14 out of 1757 (Forex Brokers)
Paid monthly visits 410,046 (12%)
Total monthly visits 3,385,333
Bounce rate 47%
Pages per visit 3.56
Average visit duration 00:03:48.3830000

IC Markets Profile

Company Name International Capital Markets Pty Ltd
Categories Forex Brokers, Cryptocurrency Brokers, Forex Rebates, Cryptocurrency Rebates
Primary Category Forex Brokers
Year Founded 2007
Headquarters Australia
Office Locations Australia, China
Account Currency AUD, CAD, CHF, EUR, GBP, JPY, NZD, SGD, USD, HKD
Client funds bank National Australian Bank (NAB), Westpac Banking Corporation
Support Languages Arabic, Bulgarian, Chinese, English, French, German, Indonesian, Italian, Korean, Malay, Portuguese, Russian, Spanish, Thai, Vietnamese, Czech, Croatian
Funding Methods Bank Wire, BPAY, Broker to Broker, China Union Pay, Credit Card, FasaPay, Neteller, PayPal, POLi, Skrill, Klarna, RapidPay
Financial Instruments Futures, Forex, Shares, Indices, Bonds, Oil/Energies, Cryptocurrencies, Metals, Soft Commodities (coffee, sugar...)
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Trading API
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread
With a global presence, IC Markets is a CFDs broker providing trading solutions for active day traders, scalpers and beginners. This Australian-based broker offers its customers a good choice of trading platforms, competitive trading costs, low latency connectivity and superior liquidity. IC Markets customer support is available in 14 languages, operational 24 hours/ 7 days a week, via live chat, email and contact form.

Trading with IC Markets can be done via the MetaTrader 4 and MetaTrader 5, both available as desktop terminals, and complemented with the mobile versions for Android and iOS. Investors can also choose to trade with the more advanced cTrader, available for traders opening a cTrader Raw Spread account.

IC Markets Asset classes

IC Markets offers an excellent selection of 1,750+ tradable financial instruments, divided into 7 asset classes: forex, indices, stocks, bonds, commodities, futures and cryptocurrencies.

Currencies: 61 pairs, including all Major pairs, and some Minor and Exotic crosses.

Cryptocurrencies: 13 cryptocurrencies CFDs are available for trading versus the USD, including the BTC/USD, ETH/USD, LTC/USD, DSH/USD and EOS/USD.

Commodities: 22 commodities CFDs available for trading; 4 metals (Gold, Silver, Platinum and Palladium), 5 energies, including the UK Oil, US Oil and Nat Gas, and 7 soft commodities.

Indices: 25 indices CFDs, including the UK 100, S&P 500 and AUS 200.

Stocks: 1600+ stocks CFDs from the ASX, Nasdaq and NYSE exchanges, of worldwide top companies and banks, such as Amazon, BHP Hilton, Deutsche Bank AG, Ferrari, Netflix, Visa, Tesla and Facebook.

Bonds: 11 CFDs based on highly rated government-issued debt securities, including government bonds of the United States, Japan and Europe.

Futures: 4 futures contracts; DXY, VIX, WTI and Brent.

IC Markets Account types

  Standard Raw Spread cTrader Raw
Commission-7.00 USD\7.00 AUD\5.00 GBP\5.50 EUR\9.00 SGD\54.25 HKD$3.00 Per Side Per 100K USD Traded
Maximum leverage500:1
Mobile PlatformMT4 MobilecTrader Mobile
Trading PlatformMT4, MT5, WebTradercTrader, WebTrader
Spread TypeVariable Spread
Minimum Deposit200
Minimum Trade Size0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  Standard
Maximum leverage 500:1
Typical Spread 1.0-1.1
Trading platform MT4MT5WebTrader
Mobile platform MT4 Mobile
Spread type Variable Spread
Minimum deposit 200
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  Raw Spread
Commission 7.00 USD\7.00 AUD\5.00 GBP\5.50 EUR\9.00 SGD\54.25 HKD
Maximum leverage 500:1
Typical Spread 0.0-0.1
Trading platform MT4MT5WebTrader
Mobile platform MT4 Mobile
Spread type Variable Spread
Minimum deposit 200
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  cTrader Raw
Commission $3.00 Per Side Per 100K USD Traded
Maximum leverage 500:1
Typical Spread 0.1
Trading platform cTraderWebTrader
Mobile platform cTrader Mobile
Spread type Variable Spread
Minimum deposit 200
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

IC Markets offers up to three trading accounts; Standard, Raw Spread and cTrader Raw Spread. The IC Markets Standard account is suited for traders that wish to trade only with the bid and ask prices, without any added commissions.

The IC Markets Raw Spread accounts (including cTrader) are recommended for investors that are looking for more competitive pricing, especially for the forex pairs with a tighter spread (EUR/USD average spread of 0.2 pip and USD/JPY average spread of 0.14 pip for example) but paying a trading commission. Within IC Markets' range of accounts traders can also find:

Swap-free accounts for traders of Islamic belief are also available.

Social trading, including copy trading, is available by connecting the IC Markets to ZuluTrade.

PAMM accounts and MAM accounts (Multi-Account Manager) are also available for money managers. IC Markets MAM software is a trusted solution that has been used by money managers at IC Markets since 2012. If you are a money manager, click the following link to apply for an IC Markets MAM/PAMM account.

IC Markets leverage ratios are up to 30:1 for retail clients in Europe and Australia, and up to 500:1 for accounts opened with Raw Trading Ltd entity, regulated by Seychelles FSA.

IC Markets Demo account

IC Markets demo account gives users the chance to test the broker's pricing and execution on several asset classes, without risking any real money.

The demo account is non-expiring

Virtual funds: up to $100,000

Leverage: up to 500:1

Financial instruments: forex, indices, stocks, commodities, bonds and 13 cryptocurrency crosses, including Bitcoin

Register for free and test your trading strategies, open a IC Markets demo trading account with no risk and no obligation now.

IC Markets Pricing

Account/Pricing Standard Raw Spread cTrader Raw Spread
EUR/USD Spread from 0.6 pip from 0.0 pip from 0.0 pip
EUR/USD commission 1 lot $0 from $7 from $6
EUR/USD swap rate 1 lot
(07-04-2022)
  • Long: -4.60
  • Short: +1.12

Spreads and trading commissions

Offering cutting-edge trading technology, IC Markets has super-fast trading servers located in London and New York, maximizing order execution speeds on all three trading platforms. IC Markets also boasts minimum slippage by providing investors with direct access to inter-bank price feeds, from more than 50 banks and institutional liquidity partners.

For our IC Markets price comparison table, we use the EUR/USD pair as the benchmark, for its popularity with traders and because it is the most traded FX pair.


IC Markets Standard account spreads start at 0.6 pip (variable), and trading is commission-free.

IC Markets RAW account spreads start at 0.0 pip (variable), with a trading commission of $7 per traded lot (100,000 currency units).

IC Markets cTrader RAW account spreads start at 0.0 pip (variable), with a trading commission of $6 per 100,000 USD traded.

IC Markets' pricing structure is one of the best when compared with other players in this industry. And not only for currencies trading. Traders looking for a crypto CFDs trading alternative might also consider IC Markets.

Highly regulated, IC Markets offers customers the chance to profit from both Bitcoin's rising and falling prices with competitive trading costs. Together with a low BTC/USD average spread of 42.03, investors can also trade this pair (and other cryptocurrencies) commission-free.

The minimum deposit for the Standard and RAW accounts (MT4/MT5) is just 200 currency units. The minimum deposit for the cTrader RAW account is 1,000 currency units.

Rollover rates

IC Markets swap rates, as of 07-04-2022, for 1 lot EUR/USD (100,000 units) are -4.60 for holding a long 1 lot position overnight and +1.12 for holding a short 1 lot position.

The 3-day swap rate is charged on Wednesdays at midnight server time (GMT+2).

IC Markets Deposits / Withdrawals

IC Markets proposes its bespoke trading accounts, Standard and RAW, in several base currencies. The broker also accepts 15 different funding methods, including the most popular e-wallets:

Account currencies: AUD, CHF, EUR, GBP, JPY, NZD, SGD, USD, HKD.

Standard/RAW (MT4/MT5) accounts minimum deposit: 200 currency units.

cTrader RAW account minimum deposit: 1,000 currency units.

Funding methods: Bank Wire, Broker to Broker, China Union Pay, Credit/Debit Cards, Neteller, PayPal, Skrill (Moneybookers).

Deposit fees: IC Markets does not charge fees for deposits.

Deposit processing times: from instant to 1 hour (bank wires up to 3 working days).

Withdrawal fees: IC Markets does not charge fees for withdrawals. However, deposits/withdrawals may incur fees on payments to and from some international banking institutions.

Withdrawal processing times: variable, from instant to 1 day.

Inactivity fee: currently, IC Markets does not charge an inactivity fee.

For more information, please visit the IC Markets deposit and withdrawals web page, or log in to your IC Markets Client Area.

IC Markets Popularity

The great popularity of this excellent Australian broker is undeniable. With IC Markets the trading can be done with a good range of platforms (MT4, MT5 and cTrader) to suit all kinds of traders. But, the key factor for IC Markets' popularity with the trading community is its competitive trading conditions and spreads, particularly with the RAW account. Other unique features include:

Client safety mechanisms: segregated client money, NBP offered by default, regulatory deposit insurance (subject to jurisdiction) and professional indemnity insurance.

Competitive pricing: variable spreads from 0.0 pip on the RAW accounts (including cTrader RAW), industry-average trading commissions and no fees on deposits/withdrawals.

Execution model: ECN.

Trading education: forex courses, market analysis, webinars, trading videos, trading tools, Web TV, recorded daily from the floor of the NYSE and presented in association with Trading Central. IC Markets Web TV offers unmatched coverage on global equities, currencies and commodities.

Customer support languages: Arabic, Chinese, English, French, German, Indonesian, Italian, Korean, Portuguese, Russian, Spanish, Thai, Vietnamese, Czech.

Overall, the excellent range of trading instruments available for trading, the competitive pricing of the RAW account, the fast execution times, merged with the excellent ECN environment trading conditions, and a low initial deposit of 200 currency units, position IC Markets on the top 3 brokers for popularity with traders opening a trading account in 2023.

IC Markets Promotions


IC Markets FAQs

Is IC Markets a regulated retail forex broker?

Yes, IC Markets is a regulated forex broker. The broker is authorised and supervised in Europe by the Cyprus CySEC, in Australia by ASIC and globally by Seychelles FSA.

What is IC Markets' minimum deposit?

IC Markets' minimum deposit for the Standard/RAW accounts (MT4/MT5) is 200 currency units. The cTrader RAW account minimum deposit is 1,000 currency units.

What is IC Markets' maximum forex leverage?

IC Markets' maximum forex leverage ratio for accounts opened with the CySEC and ASIC regulated entities is 30:1. For accounts opened with the Seychelles FSA regulated entity is 500:1.

Can I earn rebates with IC Markets?

Yes, traders can earn rebates from trading with IC Markets. Please check the cashback rebates section.

What funding methods are accepted by IC Markets?

IC Markets accepts account deposits with bank wires, broker to broker, China Union Pay, credit and debit cards, Neteller, PayPal, and Skrill (Moneybookers).

What account currencies are available with IC Markets?

Traders can open a trading account in AUD, CHF, EUR, GBP, JPY, NZD, SGD, USD and HKD.

What trading platforms are available with IC Markets?

Investors can trade the markets via the MT4, MT5 and cTrader platforms.

Does IC Markets offer Cent accounts?

No, IC Markets does not have Cent accounts.

Does IC Markets have negative balance protection?

Yes, IC Markets has negative balance protection for traders opening an account with any of its regulated entities.

Does IC Markets have regulatory deposit insurance?

Yes, IC Markets has regulatory deposit insurance for traders opening an account with the Cyprus CySEC regulated entity. IC Markets’ retail clients in Europe are covered up to €20,000 per claim.

Does IC Markets have swap-free accounts for traders of Islamic belief?

Yes, IC Markets has swap-free accounts for traders of the Islamic religion. Terms and conditions apply.

Does IC Markets accept applications from residents in Japan?

No, IC Markets does not accept applications from residents in Japan.

Does IC Markets accept applications from residents in Canada?

No, IC Markets does not accept applications from residents in Canada.

Does IC Markets allow scalping trading?

Yes, IC Markets allow scalping trading. And with its 0.0 pip spreads on most currency pairs, reliable data servers and fast execution speeds, it's a recommended broker for scalping.

What is the IC Markets execution model?

IC Markets' execution model is ECN (Electronic Communications Network), connecting traders with 50 tier-1 liquidity providers.

Does IC Markets have mobile trading platforms?

Yes, IC Markets has the MT4, MT5 and cTrader platforms available for mobile devices running on iOS and Android.

Does IC Markets have a trading API?

Yes, IC Markets has a trading API.

Does IC Markets pay interest on margin?

No, IC Markets does not pay any interest on margin.

What type of spreads are IC Markets spreads?

IC Markets spreads are variable (from 0.0 pip) – currently, no fixed spread accounts are offered.

IC Markets Real customer rating

4.8

IC Markets reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.

Please make sure your comments are relevant and that they do not promote anything. Irrelevant comments, including inappropriate or promotional links, and comments containing abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind, will be deleted.

IC Markets verified customers, with a live trading account, recommend this broker, mainly, for its overall trading costs; low spreads and average trading commissions. But traders are also very pleased with IC Markets' stable servers and instant executions, allowing for a smooth trading experience. Also on a positive note, traders praise the broker for its withdrawal's efficiency - fast and effortless.

Negatively, some IC Markets users complain about the occurrence of both negative and positive slippage.


Review sources

With an industry presence spanning more than 10 years, we are a leading IB broker of forex and CFDs trading accounts to virtually all of the world's top brokers. One of our primary missions is also to help the trading community make informed decisions, by publishing accurate and unbiased content, supported mainly by primary sources.

These sources may include government data, the information supplied by the broker and data available on the broker's corporate website(s), the analysis and reviews of our in-house industry experts, and the feedback provided by the broker’s verified traders with a live account. The information on this IC Markets review page was also sourced from:

Australian Securities and Investments Commission website, International Capital Markets Pty Ltd ASIC Licence, company details page.

Cyprus Securities and Exchange Commission website, IC Markets (EU) Ltd CySEC Licence, company details page.

Seychelles Financial Services Authority website, Raw Trading Ltd FSA Licence, company details page.

IC Markets Australian website, Help Resources, Help Centre page.

IC Markets global website, Regulations, Seychelles FSA regulation page.

IC Markets global website, Range of Markets, range of instruments and leverage offered by the FSA regulated entity page.

FXverify website, IC Markets regulations, pricing, popularity and user reviews by verified traders with a live account, reviews page.


Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Check the IC Markets website, for the percentage (%) of retail investor accounts which lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.