IC Markets is a leading global forex and CFD broker offering true ECN trading, ultra-tight spreads, and high-speed execution. As of 2026, IC Markets continues to be a preferred choice for scalpers, algorithmic traders, and professionals seeking raw pricing and deep liquidity. This updated review evaluates IC Markets based on regulation, spreads, platforms, funding, and real user experience to help traders decide whether it’s the right broker for their needs.
Is IC Markets a Legit Forex Broker?
Yes, IC Markets is a fully regulated broker operating under several top-tier and offshore licences:
- ASIC (Australia) – AFS Licence No. 335692
- CySEC (Cyprus) – Licence No. 362/18
- FSA SC (Seychelles) – For global clients outside the EU/AU
- Unregulated in US, India, Canada – Clients in these countries are not accepted
IC Markets adheres to client fund segregation, negative balance protection (EU), and regular audits. It is considered one of the safest brokers globally for high-volume retail and institutional traders.
IC Markets Key Features (2026)
| Feature | Details |
|---|---|
| Founded | 2007 |
| Headquarters | Sydney, Australia |
| Regulated by | ASIC, CySEC, FSA SC |
| Account Types | Raw Spread, Standard, Islamic |
| Minimum Deposit | $200 |
| Leverage | Up to 1:500 (FSA SC), up to 1:30 (EU/AU retail) |
| Spreads | From 0.0 pips (Raw), from 1.0 pip (Standard) |
| Commission | $3.50 per side on Raw Spread accounts |
| Instruments | 2,000+ (FX, indices, commodities, crypto, stocks) |
| Platforms | MT4, MT5, cTrader, TradingView integration |
| Islamic Accounts | Yes (swap-free) |
| Demo Account | Unlimited |
IC Markets Trading Platforms
MetaTrader 4 / MetaTrader 5
- Ideal for manual and EA-based trading
- One-click execution, custom indicators, strategy tester
- VPS hosting available for latency-sensitive traders
cTrader
- Advanced ECN platform with Level II DOM
- Transparent pricing and fast execution
- Suitable for scalpers and day traders
TradingView
- 2026 update: Full integration with TradingView charting and order execution
- Ideal for strategy testing, community scripts, and cross-asset traders
IC Markets Spreads and Fees (2026)
| Instrument | Raw Spread (Avg) | Standard Spread | Commission (Raw) |
|---|---|---|---|
| EUR/USD | 0.0 – 0.1 pips | 1.0 – 1.2 pips | $3.50 per side |
| GBP/USD | 0.1 – 0.3 pips | 1.2 – 1.5 pips | $3.50 per side |
| XAU/USD | 1.0 – 1.4 pips | 2.0+ pips | $3.50 per side |
| BTC/USD | 20 – 40 pips | Varies | Commission-free |
Real user feedback confirms IC Markets consistently ranks among the lowest-spread brokers globally.
Deposit and Withdrawal Methods
| Method | Availability | Fees | Processing Time |
|---|---|---|---|
| Credit/Debit Card | ✅ Global | None | Instant |
| Bank Transfer | ✅ Worldwide | Bank fees may apply | 1–3 days |
| Crypto (BTC, ETH, USDT) | ✅ via FSA Entity | None | 1–2 hours |
| Skrill/Neteller | ✅ Select regions | None | Instant |
Withdrawals are processed within 24 hours (business days). No internal fees are charged.
IC Markets Account Types
| Account Type | Best For | Spreads | Commission | Platform |
|---|---|---|---|---|
| Standard | Beginners | From 1.0 pip | None | MT4, MT5 |
| Raw Spread | Scalpers, algo traders | From 0.0 pip | $3.50/side | MT4, MT5, cTrader |
| Islamic | Muslim traders (swap-free) | Same as above | Adjusted terms | Upon request |
Customer Support
- Live chat: 24/5
- Email: Support@icmarkets.com
- Languages: English, Arabic, Spanish, French, more
- 2026 rating: 4.7/5 on Trustpilot with consistent praise for execution, support, and reliability
Pros and Cons of IC Markets
✅ Pros
- True ECN execution with raw spreads from 0.0 pips
- Full support for scalping, hedging, and algo trading
- MT4, MT5, cTrader, and TradingView support
- Islamic swap-free accounts with no interest
- Crypto funding and ultra-fast withdrawals
❌ Cons
- Not available in the U.S., Canada, India
- No fixed spread account option
- Offshore entity (FSA) used for high-leverage access
Is IC Markets Good for Beginners?
Yes — especially with the Standard Account, unlimited demo access, and educational resources. However, beginners should use low leverage and spend time practicing on demo before live trading.
Key Takeaways
- IC Markets remains one of the top forex brokers in 2026, ideal for scalpers, EAs, and professionals
- Offers tight spreads, fast ECN execution, and full platform flexibility
- Global regulation under ASIC, CySEC, and FSA SC ensures credibility
- Best for low-cost trading, crypto funding, and advanced execution tools
- Highly rated by users for transparency and performance
Frequently Asked Questions
Is IC Markets a regulated broker?
Yes, IC Markets is regulated by ASIC, CySEC, and FSA Seychelles.
Does IC Markets allow scalping and hedging?
Yes, IC Markets fully supports scalping, hedging, and high-frequency trading.
What is the minimum deposit for IC Markets?
The minimum deposit is $200 for all account types.
Can I trade with IC Markets from my country?
IC Markets accepts clients from most countries, but not from the US, Canada, India, or North Korea.
Does IC Markets offer a demo account?
Yes, IC Markets provides unlimited free demo accounts on MT4, MT5, and cTrader platforms.
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