IC Markets is a globally recognised ECN forex broker known for tight spreads, fast execution, and institutional-grade liquidity. While IC Markets does not hold local regulatory approval in Ethiopia, Ethiopian traders can access IC Markets via its international entities, subject to their own risk and responsibility. This article covers how IC Markets serves Ethiopian clients, account features, legal considerations, and how to safely use the platform from Ethiopia.

Is IC Markets Legal in Ethiopia?

• No local regulation by the National Bank of Ethiopia (NBE)
• Access via offshore entities: IC Markets (Seychelles) and IC Markets (International)
• No restriction on website access, but users must comply with local currency controls
• Forex trading is not banned, but sending funds abroad may be subject to exchange control rules

Note: Always consult a licensed financial advisor in Ethiopia regarding the legality of forex trading and international remittance in your case.

IC Markets Overview for Ethiopian Traders

Key Features for Ethiopian Traders

1. Low Spreads & ECN Execution

• Raw spreads from 0.0 pips on major pairs (e.g., EUR/USD, USD/JPY)
• Fast order execution via NY4, LD5, and TY3 data centres
• No dealing desk and no requotes

2. Platforms

• MetaTrader 4 (MT4)
• MetaTrader 5 (MT5)
• cTrader (advanced depth-of-market for professionals)

3. Islamic (Swap-Free) Accounts

• Available upon request
• Fully compliant with Sharia law: no overnight interest
• Ideal for Ethiopian Muslim traders

4. Deposit and Withdrawal Methods

Recommendation: Use crypto or international card for the fastest and most reliable deposits from Ethiopia.

How to Open an IC Markets Account in Ethiopia

1. Visit icmarkets.com
2. Click “Start Trading” and complete registration
3. Verify identity with passport/National ID + proof of address
4. Choose platform (MT4, MT5, or cTrader)
5. Select Islamic account if needed
6. Fund via card or crypto

Account Types Available

Is It Safe to Trade With IC Markets From Ethiopia?

• IC Markets is globally regulated, including ASIC and CySEC, but not locally in Ethiopia
• Client funds are held in segregated trust accounts
• Use risk management tools: stop loss, leverage settings, position sizing
• Withdrawals are reliable if using verifiable funding methods (crypto or card recommended)

Key Takeaways

• IC Markets accepts Ethiopian traders via its international entity
• You can trade with MT4, MT5, or cTrader and fund accounts with crypto or cards
• Swap-free (Islamic) accounts are available for Muslim users
• No local regulation means Ethiopian users must rely on self-compliance and responsible trading
• Check with your bank or financial institution before making international transfers

Frequently Asked Questions

Can I use IC Markets in Ethiopia?

Yes, Ethiopian residents can open and use IC Markets accounts via its offshore entity.

Does IC Markets accept deposits from Ethiopia?

Yes, deposits via crypto and international cards (Visa/MasterCard) are accepted from Ethiopia.

Is IC Markets regulated in Ethiopia?

No, IC Markets is not regulated by the National Bank of Ethiopia, but it is licensed globally.

Does IC Markets offer Islamic accounts in Ethiopia?

Yes, IC Markets offers swap-free Islamic accounts to Ethiopian traders upon request.

How can I withdraw funds from IC Markets in Ethiopia?

You can withdraw to your crypto wallet or back to your card, depending on your original funding method.

Please leave this field empty

Ready To Trade Like A Pro?

Discover The Top Brokers, Educators & Prop Firms Trusted By Real Traders!

Join 20,000+ Active Monthly Traders Gaining The Edge With Expert Insights.

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.