IC Markets - Service
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description IC Markets Overview

IC Markets is a leading Australian forex broker known for its raw, ECN-style execution and tight spreads. They offer access to a wide range of currency pairs, indices, commodities, and CFDs, with spreads starting as low as 0.0 pips on major pairs with a commission. IC Markets provides both MetaTrader 4 and MetaTrader 5 platforms, along with cTrader, catering to diverse trading styles. They are regulated by ASIC and CySEC, ensuring a high level of security and transparency.

Suitable for experienced traders seeking low-latency execution and advanced trading tools.

recommend Best for: Active forex and CFD traders seeking ECN-style execution with competitive raw spreads and advanced platform options, particularly those with intermediate to advanced trading experience.

info IC Markets Specifications

balance IC Markets Pros & Cons

thumb_up Pros
  • check ECN/STP execution with raw spreads from 0.0 pips on major forex pairs, eliminating conflict of interest
  • check Multiple advanced platforms including MetaTrader 4, MetaTrader 5, and cTrader for flexible trading
  • check ASIC regulation provides high-level client fund protection and regulatory oversight
  • check Ultra-fast execution speeds with deep liquidity from top-tier banks and institutions
  • check Comprehensive instrument coverage across forex, indices, commodities, crypto CFDs, stocks, and bonds
  • check No requotes and transparent commission-based pricing model
thumb_down Cons
  • close $200 minimum deposit is higher than many competitors, creating a barrier for beginners
  • close Limited research tools and educational content compared to full-service brokers
  • close Restricted leverage for retail clients under ASIC regulations (max 30:1 for major pairs)
  • close Not available to residents of the US, Japan, and some other jurisdictions
  • close Customer support can be slower during peak trading periods

help IC Markets FAQ

What platforms can I use to trade with IC Markets?

IC Markets offers three platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. All are available as desktop applications, webtrader, and mobile apps for iOS and Android devices.

How are IC Markets spreads and commissions structured?

IC Markets offers raw ECN spreads starting from 0.0 pips on major forex pairs. Commission is charged at $3.00 per standard lot per side for the cTrader Raw account and $7.00 per lot for the MT4/MT5 Raw account.

Is IC Markets regulated and safe to use?

Yes, IC Markets is regulated by the Australian Securities and Investments Commission (ASIC) and also holds a license from the Seychelles Financial Services Authority (FSA), providing strong regulatory oversight and client fund protection.

What is the minimum deposit required to open an account?

The minimum initial deposit at IC Markets is $200. This applies to all account types including Raw Spread and Standard accounts, and funding can be done via bank transfer, credit/debit card, or e-walllers like Skrill and Neteller.

What leverage does IC Markets offer?

IC Markets offers leverage up to 500:1 for professional traders on certain instruments. However, retail clients under ASIC regulation are limited to maximum 30:1 for major forex pairs, 20:1 for indices, and 2:1 for cryptocurrency CFDs.

What is IC Markets?
IC Markets is a leading Australian forex broker known for its raw, ECN-style execution and tight spreads. They offer access to a wide range of currency pairs, indices, commodities, and CFDs, with spreads starting as low as 0.0 pips on major pairs with a commission. IC Markets provides both MetaTrader 4 and MetaTrader 5 platforms, along with cTrader, catering to diverse trading styles. They are regulated by ASIC and CySEC, ensuring a high level of security and transparency. Suitable for experienced traders seeking low-latency execution and advanced trading tools.
How good is IC Markets?
IC Markets scores 9.0/10 (Excellent) on Lunoo, making it one of the highest-rated options in the Service category. IC Markets scores 9.0/10 due to its excellent ECN execution quality, ultra-tight raw spreads from 0.0 pips, and multi-platform access including cTrade...
How much does IC Markets cost?
From $3.00/lot per side. Visit the official website for the most up-to-date pricing.
What are the best alternatives to IC Markets?
See our alternatives page for IC Markets for a ranked list with scores. Top alternatives include: OctaFX, TitanFX, Windsor Brokers.
What is IC Markets best for?

Active forex and CFD traders seeking ECN-style execution with competitive raw spreads and advanced platform options, particularly those with intermediate to advanced trading experience.

How does IC Markets compare to OctaFX?
See our detailed comparison of IC Markets vs OctaFX with scores, features, and an AI-powered verdict.
Is IC Markets worth it in 2026?
With a score of 9.0/10, IC Markets is highly rated in Service. See all Service ranked.
What are the key specifications of IC Markets?
  • Execution Type: ECN/STP, No Dealing Desk
  • Base Currencies: USD, AUD, EUR, GBP, SGD, HKD, JPY, CHF, NZD
  • Funding Methods: Bank Transfer, Credit/Debit Card, Skrill, Neteller, PayPal, BPAY
  • Minimum Deposit: $200
  • Maximum Leverage: Up to 500:1 (professional clients)
  • Regulatory Bodies: ASIC (Australia), FSA (Seychelles)

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