Trading CFDs carries a high risk of losing money rapidly. Confirm this broker's current loss-rate disclosure and regulated entity before opening an account. Read the full risk disclosure.

BrokaBoy/Brokers/IC Markets
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Last updated: ·Reviewed by BrokaBoy Research Team

Figures checked: 4 October 2026

IC Markets logo

IC Markets

Featured

Raw spreads for serious traders

Trustpilot 4.8 (56,055 reviews)
ASIC · CySEC · FSA · SCB
Listed Min Deposit
$200
Max Leverage
Up to 1:5000 (entity dependent)
Spread From
0.0 pips
Platforms
3
MetaTrader 4
Regulation
4
ASIC
Founded
2007

Overview

IC Markets offers institutional-grade liquidity with true ECN pricing. Popular among scalpers and algorithmic traders for its ultra-low spreads and deep order books. Trusted by over 200,000 traders worldwide.

IC Markets supports Forex, CFDs, Stocks, Crypto, Indices across 3 platforms, and offers Standard, Raw Spread, cTrader accounts to cover most trader profiles. Regulation is held with ASIC, CySEC, FSA, SCB.

With spreads starting from 0.0 pips and leverage up to Up to 1:5000 (entity dependent), it's positioned for intermediate to advanced traders who value scalping and ecn.

Pros & Cons

Pros
  • True ECN execution
  • Ultra-low spreads from 0.0 pips
  • Wide range of instruments
  • Fast withdrawals
Cons
  • Higher minimum deposit
  • Limited educational content

Platforms & tools

MetaTrader 4 logo
MetaTrader 4
MetaTrader 5 logo
MetaTrader 5
cTrader logo
cTrader

Regulation & safety

IC Markets is regulated across 4 jurisdictions, through the regulators listed above. Protections such as segregated client funds, compensation schemes and negative balance protection differ by regulator and by the entity you sign up with - open each regulator's page for the specifics.

Fees breakdown

Illustrative summary - confirm current pricing on IC Markets's own website.

Spread type

Raw variable spreads from 0.0 pips on the Raw Spread account; Standard account folds the cost into a wider spread.

Commission

$3.50 per lot per side on Raw Spread and cTrader accounts; no commission on Standard.

Overnight / swap

Swaps applied daily at 5pm New York; triple charge on Wednesdays. Swap-free options on request.

Withdrawals

No broker-side withdrawal fee on most methods; intermediary bank charges may apply to wires.

Opening an account with IC Markets

  1. 1Open the online application and choose Standard, Raw Spread or cTrader
  2. 2Complete the trading experience and suitability questionnaire
  3. 3Upload proof of identity and proof of address
  4. 4Wait for verification, usually within one business day
  5. 5Fund the account with the $200 minimum via card, wire or e-wallet
  6. 6Download MT4, MT5 or cTrader and log in with your credentials

FAQ

What is the minimum deposit at IC Markets?+

IC Markets lists a minimum deposit of $200 to open a live trading account. Confirm the current amount on the broker's website, as it can vary by account type and region.

Is IC Markets regulated?+

IC Markets holds licences with ASIC, CySEC, FSA, SCB. The protections you get depend on the regulator and entity you sign up with - see each regulator's page on BrokaBoy for details.

What is the maximum leverage at IC Markets?+

IC Markets advertises maximum leverage of Up to 1:5000 (entity dependent), depending on the instrument and your jurisdiction. Retail leverage may be lower under local regulation.

What are IC Markets's spreads and fees?+

IC Markets advertises spreads from 0.0 pips. $3.50 per lot per side on Raw Spread and cTrader accounts; no commission on Standard. Swaps applied daily at 5pm New York; triple charge on Wednesdays. Swap-free options on request.

Which trading platforms does IC Markets support?+

IC Markets supports MetaTrader 4, MetaTrader 5, cTrader across Standard, Raw Spread, cTrader account types.

How do I open an account with IC Markets?+

Open the online application and choose Standard, Raw Spread or cTrader Complete the trading experience and suitability questionnaire Upload proof of identity and proof of address Wait for verification, usually within one business day Fund the account with the $200 minimum via card, wire or e-wallet Download MT4, MT5 or cTrader and log in with your credentials

User reviews

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