IC Markets Review 2026
Update: April 2026
IC Markets is widely recognized among professional traders for its deep liquidity and consistently tight raw spreads. Its true ECN environment is optimized for scalping, automated systems, and high-volume trading, offering low commissions, fast execution, and minimal interference during high-impact market events.
IC Markets is a globally recognized ECN broker known for its ultra-low spreads, fast execution, and institutional-grade liquidity. Headquartered in Sydney and regulated by ASIC, CySEC, and FSA, the broker serves retail, professional, and corporate accounts across the world.
Keynotes
- Deep global liquidity with true ECN access
- Ultra-tight raw spreads starting near 0.0 pips
- Low commissions for high-turnover trading
- Widely used by scalpers and algorithmic traders
- Reliable execution during high-impact news events
Verdict
IC Markets is best for experienced, active traders who value tight spreads, fast execution, and advanced platform support. Beginners can still use it, but should stay on demo and educate themselves before trading live due to the risks of leveraged CFDs.
IC Markets Overview
IC Markets is a prominent forex brokerage with its headquarters situated in Sydney, Australia. The company has been operating since 2007, serving traders globally with its diverse range of trading services. IC Markets holds multiple regulatory licenses, ensuring compliance with different jurisdictions and standards.
On main FX pairs, IC Markets provides its clients with variable spreads that begin at zero pip spreads.
The order matching engine located in the New York Equinix NY4 data center processes over 500,000 trades per day.
IC Markets offers raw spreads from 0.0 pips, no requotes, no price manipulation, and no restrictions.
The broker’s ultra-fast order execution, which typically conducts trades in less than 40 milliseconds, makes it an ideal ecosystem for high-frequency trading, algorithmic strategies, and institutional investors.
IC Markets Regulated by CySEC, ASIC and (FSA) for all clients, except Australians, and other securities features like segregated accounts for their clients.
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IC Markets Broker Review on Trustpilot

Type of Broker: Non-Advisory/Execution Broker (ECN/STP)
Regulation & Licensing: Cysec: Cyprus Securities and Exchange, ASIC: Commission Australian Securities and Investments Commission, FSA: Financial Services Authority (St Vincent & the Grenadines)
Acceptable Clients: from 140 countries.
Assets Offered: Forex, Commodities, Indices, Shares, Bonds, Futures, Cryptocurrencies
Trading Platforms Available: MetaTrader 4, MetaTrader 5, cTrader, AutoTrade (Myfxbook), ZuluTrade
Mobile Apps: Android and iOS
Payment Types: Credit Card, Debit Card, Bank Transfer, Broker-To-Broker Transfer, PayPal, Skrill, Union Pay, Neteller, FasaPay, Poli, Rapid Pay, Klarna, Thai Internet Banking, Vietnamese Internet
Key Features
Regulation and Trust. IC Markets is regulated by ASIC and CySEC, with additional offshore entities in Seychelles and the Bahamas.
It maintains a solid reputation and provides negative balance protection for retail clients.
Pricing. The Raw Spread accounts deliver average EUR/USD spreads of about 0.1 pips with commissions of roughly 6 USD (cTrader) or 7 USD (MT4/MT5) per round turn.
A Standard account is available with no commission and slightly wider spreads.
Platforms. MT4, MT5, cTrader, and TradingView are all supported, giving traders flexibility across manual, automated, and copy-trading styles.
Tools. VPS hosting, advanced MetaTrader add-ons, and integrations with Myfxbook AutoTrade and ZuluTrade support serious algorithmic and social trading.
Markets. Traders get access to 60+ forex pairs, indices, commodities, over 2,100 share CFDs, crypto, futures, and bonds.
IC Markets Main Highlights
| Country of regulation | Australia, Cyprus, Seychelles |
| Trading fees class | Zero & Low |
| Inactivity fee charged | No |
| Withdrawal fee amount | $0 |
| Minimum deposit | $200 |
| Time to open an account | 1 day |
| Deposit with bank card | Available |
| With electronic wallet | Available |
| Number of base currencies | 10 |
| Demo account | Yes |
| Products offered | Forex, CFD, Crypto |
2026 Live Execution Stats
| KPI | IC Markets Results |
| Execution Speed (Market Orders) | ~153 ms |
| Execution Speed (Limit Orders) | ~134 ms |
| Execution Tier | Tier 3 (Moderate) |
| Avg EUR/USD Spread (Raw) | ~0.1 pips |
| Commission (Round Turn) | ~$6–$7 |
| All-in Cost | Very Low |
| Slippage Profile | Competitive |
| Liquidity Model | True ECN |
| Liquidity Depth | Deep global liquidity |
| Execution Transparency | High |
| Requotes / Rejections | Very low |
| Platform Support | MT4, MT5, cTrader, TradingView |
| Infrastructure | NY4 (core infra) |
| Best For | Cost + liquidity |
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Awards & Accolades:
Over the years, IC Markets has received numerous awards and accolades for its excellence in the forex trading industry.
These awards recognize the broker’s exceptional trading conditions, technological innovation, and commitment to customer satisfaction. The accolades stand as a testament to IC Markets’ dedication to providing a top-notch trading experience.

Brokerage Specialization:
IC Markets specializes in providing forex trading services to both retail and institutional traders. The broker is renowned for offering tight spreads, high liquidity, and fast execution through their advanced trading platforms. This specialization allows traders to access a wide range of currency pairs and trading tools to suit their trading strategies.
Additional Services:
In addition to forex trading, IC Markets offers a variety of supplementary services to enhance the trading experience. These include:
Commodities Trading
IC Markets provides traders with the opportunity to trade a selection of commodities such as gold, silver, and oil, diversifying their trading portfolios.
Indices Trading
Traders can also access popular stock indices, allowing them to speculate on the performance of global markets.
Cryptocurrency Trading
IC Markets offers cryptocurrency trading, enabling traders to invest in digital assets like Bitcoin, Ethereum, and more.
VPS Hosting
IC Markets offers Virtual Private Server (VPS) hosting services, ensuring stable and uninterrupted trading for algorithmic and automated traders.
Education and Analysis: The broker offers educational resources and market analysis to help traders make informed decisions. This includes webinars, tutorials, and research materials.
Overall, IC Markets has established itself as a reputable forex brokerage with a global presence, a focus on innovation, and a dedication to providing traders with comprehensive trading services, specialized expertise, and valuable supplementary offerings.
IC Markets welcomes both novices and seasoned traders. The broker accepts a variety of deposit methods, including credit and debit cards, bank transfers, PayPal, Skrill, Union Pay, and Neteller. In addition, all customer funds are held in separate accounts and are fully insured for added security.
IC Markets is the online forex broker of choice for high volume traders, scalpers, and robots.
Pros and Cons of Trading on IC Markets
Pros
- Very low spreads and competitive commissions
- Fast execution with deep liquidity
- MT4, MT5, cTrader, and TradingView support
- Strong algo and copy-trading environment
- 24/7 customer support
Cons
- Less beginner-friendly
- Withdrawals can be slow at times
- Education content is unstructured
- CFD range is strong, but not fully multi-asset
- Most retail clients fall under the Seychelles entity, which offers higher leverage but lighter oversight
Regulatory Licenses:
Cyprus Securities and Exchange Commission (CySEC) for clients in EEA clients, excluding Belgium, Switzerland, Latvia
Australia: Australian Securities and Investments Commission (ASIC)
for Australian clients.
Seychelles: Financial Supervisory Authority (FSA) for All clients, except Australians.
These regulatory licenses provide traders with confidence in the broker’s commitment to following industry regulations.
Segregation of Client Funds. When funding your trading account your funds are held in client segregated accounts with top tier banking institutions

IC Markets Trading Accounts Types
IC Markets offers multiple account types tailored to different trading needs:
- Standard Account – No commission, slightly higher spreads.
- Raw Spread Account – Tight spreads with a commission per trade.
- IC Markets ECN Account – True ECN environment with deep liquidity.
- Islamic Account – Swap-free account compliant with Sharia law.
IC Markets Global and Corporate Accounts
Businesses and institutional clients can benefit from an IC Markets business account, company account, or corporate account, each offering customized solutions, multi-user access, and segregated funds.
IC Markets Account Types
IC Markets offers a variety of trading accounts tailored to meet the diverse needs of traders. Each account type comes with specific features and conditions, providing traders with options to choose based on their trading strategies and preferences.
- Standard Account:
- Spreads: Variable, starting from [spread value] pips on major pairs
- Trading Instruments: Forex, commodities, indices, cryptocurrencies, and more
- Raw Spread Account:
- Spreads: Raw spreads starting from [spread value] pips with a small commission per lot
- Trading Instruments: Forex, commodities, indices, cryptocurrencies, and more
- cTrader Account:
- Spreads: Raw spreads with a small commission per lot
- Trading Instruments: Forex, commodities, indices, cryptocurrencies, and more
- Islamic Account (Swap-Free):
- Spreads: Similar to the chosen account type, swap-free
- Trading Instruments: Forex, commodities, indices, cryptocurrencies, and more
- True ECN Account:
- Spreads: Raw spreads starting from [spread value] pips with a small commission per lot
- Trading Instruments: Forex, commodities, indices, cryptocurrencies, and more
IC Markets Platforms: MT4, MT5, and cTrader
Traders can choose between three robust platforms:
- MetaTrader 4 (MT4) – Widely used, supports expert advisors and indicators.
- Includes IC Markets MT4 demo and live versions.
- Download MT4 directly from the IC Markets website.
- MetaTrader 5 (MT5) – Enhanced features and more order types.
- IC Markets cTrader – Professional-grade platform with a sleek UI and fast execution.
These platforms are compatible with automated trading, copy trading, and custom algorithmic strategies using EAs and cBots.
Get your Raw Spread Trading Account
IC Markets, Raw Spread account offers some of the lowest possible spreads available. The average EUR/USD spread is 0.1 pips, with only a small commission of $3.50 per – Trade Smart with IC Markets

Trading Instruments Overview
Forex Pairs:
61 currency pairs | Tight spreads from 0.0 pips | Up to 1:30 leverage | Deep liquidity

CFDs

CFD Stocks: Access to a range of global stock CFDs,
Spot Metals: Trade precious metals like gold and silver in the spot market
Energies: Trade energy CFDs including natural gas and other energy resources

Indices: Opportunity to trade popular stock indices from around the world

Commodities: Trade commodity CFDs including gold, silver, oil, and more

Cryptocurrencies: Trade a variety of cryptocurrency CFDs such as Bitcoin, Ethereum, and others
Other Instruments:

Bonds: Access to bond CFDs for diversification

Futures: Trade futures contracts across different markets
What Can You Trade with IC Markets?
IC Markets offers a wide range of trading instruments:
- Forex – Trade 60+ currency pairs with ultra-tight spreads.
- Indices – Including NASDAQ, S&P 500, FTSE, and more.
- Commodities, Shares, Futures, and Cryptocurrencies.
Their access to Tier-1 liquidity providers ensures deep order books and minimal slippage, ideal for scalpers and high-frequency traders.
IC Markets Copy Trading & Automated Strategies
Traders can benefit from:
VPS hosting for latency-sensitive strategies.
IC Markets copy trading tools via ZuluTrade and Myfxbook AutoTrade.
Full support for automated trading via MT4/MT5 EAs or cTrader cBots.
Regulatory Compliance and Trust Ratings
IC Markets is regulated by:
- CySEC (Cyprus Securities and Exchange Commission)
- ASIC (Australia)
- FSA (Seychelles) under IC Markets Global
This ensures strong compliance and fund protection.
Additionally, IC Markets has earned thousands of positive reviews on Trustpilot, with traders praising its low spreads and execution speed.

What Traders Are Saying
IC Markets has an active community on forums like Reddit, where traders frequently discuss:
Pros and cons of the IC Markets standard account vs ECN
Withdrawal speed and reliability
Platform performance (MT4 vs cTrader)
Scalping and automated systems
IC Markets Withdrawals and Funding
Deposits and withdrawals are seamless with no internal fees. The IC Markets withdrawal review is generally positive, citing fast processing times and a wide range of payment options.
Execution and Spreads Overview
IC Markets places a strong emphasis on providing traders with reliable and fast execution, accompanied by competitive spreads. The broker employs advanced technology to ensure efficient trade execution, catering to traders’ diverse strategies and preferences.
Execution
IC Markets offers traders access to various execution models, including:
Market Execution: Trades are executed at the best available market prices.
True ECN (Electronic Communication Network): Utilizes ECN technology to offer direct access to liquidity providers, resulting in potentially tighter spreads.
Spreads
Spreads vary based on the chosen account type and market conditions.
Standard Account: Variable spreads starting from [spread value] pips on major pairs.
Raw Spread Account and True ECN Account: Raw spreads starting from [spread value] pips with a small commission per lot.
cTrader Account: Raw spreads with a small commission per lot.
Margin Calls:
IC Markets provides a margin call policy to help traders manage their accounts and exposure.
When account equity drops to a certain level, a margin call is triggered, prompting the trader to add funds to maintain open positions.
Negative Balance Protection:
IC Markets offers Negative Balance Protection to ensure that traders’ account balances cannot go below zero. This protects traders from potential losses exceeding their initial deposits.
Free VPS Hosting:
The broker offers free Virtual Private Server (VPS) hosting for eligible traders.
VPS hosting ensures uninterrupted trading for algorithmic and automated strategies by minimizing latency and downtime.
Deposit & withdrawal methods
IC Markets offers its customers several ways of depositing funds into their trading account. Common deposit methods include bank / wire transfer, Paypal, credit card, Skrill, Neteller, UnionPay, Bpay, FasaPay and Poli.
Customer Support:
IC Markets is committed to providing robust customer support services to assist traders at every step of their trading journey. The broker offers multiple channels of communication to cater to traders’ inquiries and needs.
Email Support:
Traders can reach out to IC Markets’ customer support team via email for assistance with various inquiries and concerns.
Live Chat:
IC Markets provides a live chat feature on its website, allowing traders to engage in real-time conversations with support representatives.
Phone Support:
The broker offers phone support through dedicated call centers, enabling traders to receive assistance via phone.
Account Managers:
IC Markets assigns dedicated account managers to certain account types or traders, offering personalized assistance and guidance based on individual trading preferences.
Knowledge Base and FAQs:
The broker maintains a comprehensive knowledge base and frequently asked questions section on its website, providing traders with instant access to valuable information.
Supported Languages:
IC Markets caters to a global clientele by offering customer support in a wide range of languages. This enables traders from different regions to receive assistance in their preferred language.
Supported Customer Support Languages:
English
Filipino
French
German
Greek
Hungarian
Indonesian
Italian
By offering customer support in a multitude of languages, IC Markets ensures that traders can communicate effectively, receive prompt assistance, and have their questions addressed without language barriers.
The variety of support channels and supported languages underscores IC Markets’ commitment to enhancing the trading experience and providing comprehensive assistance to traders worldwide.
Education and Training Overview
IC Markets is dedicated to supporting traders in their quest to enhance their trading skills and knowledge. The broker offers a variety of educational resources and webinars to empower traders with the insights they need to make informed trading decisions.
Educational Material:
IC Markets provides traders with a range of educational materials, including articles, guides, tutorials, and e-books.
Topics cover various aspects of trading, from beginner to advanced levels, encompassing technical and fundamental analysis, risk management, trading strategies, and more.
Webinars:
The broker conducts regular webinars hosted by industry experts and experienced traders.
Webinars cover diverse topics, offering traders the opportunity to learn about market trends, trading techniques, and strategies.
Trading Tools and Resources Overview:
IC Markets equips traders with a suite of trading tools and resources designed to enhance their trading experience and capabilities.
Trading Signals:
IC Markets offers trading signals to assist traders in making trading decisions.
These signals provide insights into potential market opportunities and are based on technical and fundamental analysis.
PAMM (Percentage Allocation Management Module):
The PAMM system allows experienced traders (managers) to manage multiple trading accounts simultaneously.
Investors can allocate funds to these managers, benefiting from their trading expertise while diversifying risk.
VPS Hosting:
IC Markets offers free Virtual Private Server (VPS) hosting to eligible traders.
VPS hosting ensures smooth and uninterrupted automated trading by minimizing latency and downtime.
VPN (Virtual Private Network):
The broker may offer VPN services to ensure secure and private online activities, enhancing traders’ cybersecurity.
IC Markets’ commitment to education and providing trading tools and resources demonstrates its dedication to supporting traders in achieving their trading goals. By offering a wide array of educational content, webinars, and useful trading tools, IC Markets empowers traders to make well-informed decisions and enhance their trading strategies.
Sign up with a trading account with IC Markets
Whether you’re a beginner looking to open a demo account or a company seeking a global ECN trading solution, IC Markets stands out as a trusted and regulated broker with powerful tools, platforms, and competitive pricing.
Get the best Low Spread Forex Brokers to trade Forex, Stocks, Indices, and Commodities
– Instant ECN Execution With IC Markets
Kevin George is an active trader of stocks, forex, commodities and crypto with over 15 years of market experience. He hold a master's degree in finance and mix microeconomic studies of company financials with a big-picture macroeconomic view.
Kevin earned a bachelor's degree from Robert Gordons University in Scotland. He returned later to earn his master's degree in finance.
Kevin has written for investopedia, Seekingalpha with his resume on Muckrack and LinkedIn


