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BetterBroker

IC Markets Review 2026

IC Markets is a leading Australian forex and CFD broker renowned for its raw ECN spreads, lightning-fast execution, and professional-grade trading environment. Popular among scalpers and algorithmic traders, IC Markets offers access to forex, indices, commodities, stocks, and cryptocurrencies with minimal latency and deep liquidity.

4.6
Min Deposit
$200 USD
Regulators
ASIC CySEC FSA (Seychelles)
Founded
2007
Headquarters
Sydney, Australia

Pros & Cons

Pros

  • True ECN broker with raw spreads from 0.0 pips
  • Ultra-fast execution with minimal slippage
  • Support for MT4, MT5, and cTrader platforms
  • High leverage up to 1:500
  • No dealing desk intervention

Cons

  • Commission-based pricing (not suitable for casual traders)
  • Higher minimum deposit than some competitors
  • No proprietary trading platform
  • Limited educational resources
  • Customer support hours limited to business days

Fees & Commissions

Fee Type Cost
Forex From 0.0 pips + $3.50 commission per lot (Raw Spread)
CFDs Variable spreads
Inactivity Fee Free
Deposits Free
Withdrawals Free

Features

Mt4 Mt5 Ctrader Api Trading Demo Account Mobile App Advanced Charting Copy Trading

Platforms

web desktop ios android

Deposit & Withdrawal

Bank Transfer Credit Card Debit Card Paypal Skrill Neteller Crypto

Maximum Leverage

Market Max Leverage
Forex 1:500
Crypto 1:5
Indices 1:200
Commodities 1:500

Availability

IC Markets is available in the following countries:

Australia, United Kingdom, Germany, France, Italy, Spain, Singapore, Malaysia, Thailand, South Africa

Frequently Asked Questions

The minimum deposit to open an account with IC Markets is $200 USD. This makes IC Markets suitable for intermediate traders.

Yes, IC Markets is regulated by ASIC, CySEC and FSA (Seychelles). Having multiple regulatory licenses provides additional security and trust for traders.

IC Markets offers trading in forex, CFDs, futures. Key features include mt4, mt5, ctrader.

IC Markets supports web, desktop, ios and android platforms. The web platform allows you to trade from any browser without downloading software. Mobile apps are available for trading on the go.