What is the minimum deposit at IC Markets?

IC Markets requires a minimum deposit of $200 to open a live trading account.

Is IC Markets regulated?

Yes. IC Markets holds licenses with ASIC, CySEC, FSA. Client funds are held in segregated accounts and retail clients benefit from negative balance protection where required by the relevant regulator.

What is the maximum leverage at IC Markets?

IC Markets offers maximum leverage of 1:500, depending on the instrument and the client's jurisdiction. Retail leverage may be lower under local regulation.

What are IC Markets's spreads and fees?

Spreads at IC Markets start from 0.0. $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

Visit IC Markets

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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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IC Markets

Top Pick

Raw spreads for serious traders

4.8BrokaBoy score (see user reviews below for platform ratings)

ASIC · CySEC · FSA

Min Deposit

$200

Max Leverage

1:500

Spread From

0.0

Platforms

MetaTrader 4

Regulation

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.

With spreads starting from 0.0 and leverage up to 1:500, 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

Trading conditions

Asset class	Spread	Commission	Max Leverage
Forex majors (EUR/USD)	0.1 pips	$3.50 / lot	1:500
Indices (US500)	0.4 pts	$0	1:200
Commodities (Gold)	0.30	$0	1:100
Crypto (BTC/USD)	0.5%	$0	1:5
Stock CFDs	0.10%	$0.02 / share	1:20

Platforms & tools

MetaTrader 4

MetaTrader 5

cTrader

Regulation & safety

ASIC

CySEC

FSA

IC Markets is regulated across 3 jurisdictions, with client funds held in segregated accounts. Retail clients are protected by negative balance protection where required by the relevant regulator.

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

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

User reviews

Reviews below are collected live from independent public review platforms. BrokaBoy does not host, moderate or edit them, and scores change over time. Follow any link to read the full review at the source.

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