IC Markets
- Trust score
- 3/10
- Legal simplicity
- 3/10
- Min. deposit
- 200
Features
- Seminars and trader training
- Daily market analysis
- PAMM service
- Copy trading
- MAM terminal
Updated:
IC Markets was founded in 2007 in Sydney, Australia, to connect retail traders with institutional-grade trading conditions. The broker has since expanded internationally, adding a European subsidiary and a support center in China. It operates as an ECN broker, sourcing spreads from more than 50 liquidity providers, and is regulated by ASIC in Australia and CySEC in Cyprus.
IC Markets is an ASIC- and CySEC-regulated ECN broker offering PAMM and copy-trading services, a MAM terminal, seminars, and daily market analysis.
IC Markets is an ECN forex and CFD broker founded in 2007 in Sydney, Australia, built to connect retail traders with institutional-grade trading conditions. The broker has since expanded internationally, adding a European subsidiary and a dedicated support center in China.
Trading Model
IC Markets operates as an ECN (Electronic Communication Network) broker, sourcing spreads from more than 50 banks, with spreads starting from 0 pips. This model suits large traders, scalpers, and algorithmic traders running expert advisors.
Regulation and Fund Safety
IC Markets is licensed by the Australian Securities and Investments Commission (ASIC) and, through a Cyprus subsidiary, by the Cyprus Securities and Exchange Commission (CySEC) for European clients. Client funds are held segregated from company funds, and IC Markets is a member of the Australian Financial Ombudsman Service (FOS) for external dispute resolution.
Leverage
Leverage reaches up to 1:500 for eligible clients. European traders are capped at 1:30 under ESMA rules.
Account Types
- Standard Account: trades on MT4, with spreads from 1 point — suited to beginners.
- Raw Spread Account: ECN spreads from 0 pips plus a $3.5-per-lot commission, aimed at experienced traders.
- cTrader Account: spreads from 0 pips on the cTrader platform, with a $3-per-lot commission.
A swap-free Islamic account is available, along with demo accounts on both MT4 and cTrader.
Tradable Instruments
- Forex currency pairs
- Commodities
- Futures
- CFDs on shares, bonds, and indexes
- Cryptocurrency pairs — including Bitcoin, Ethereum, Dash, Litecoin, Bitcoin Cash, Ripple, and EOS — with leverage up to 1:5 and a minimum lot size of 0.01
Minimum Deposit and Account Currencies
Accounts can be opened in 10 base currencies, including AUD, GBP, JPY, HKD, SGD, NZD, CHF, CAD, EUR, and USD. The minimum deposit is $200.
