IC Markets Review

📅 Founded 2007

★ 4.8/5

Trust Score: 93/100?

Australian ECN broker known for ultra-tight raw spreads and fast execution, popular with algo and high-volume traders.

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Spreads by Pair (Pips)

EUR/USD

0.1

GBP/USD

0.04

USD/JPY

0.03

XAU/USD

0.09

US OIL

0.03

BTC/USD

12.01

Trading Conditions

Min Deposit

Not verified

Max Leverage

Up to 1:5000

Avg Spread

From 0.1 pips

Commission

$3.50/lot/side (Raw), $0 (Standard)

Account Types Offered

Account	Platform	Spreads	Comm.	Min Dep	Leverage
Raw Spread	MT4/MT5	From 0.0 pips	$3.50/lot/side	$200	1:1000
cTrader Raw	cTrader	From 0.0 pips	$3 per $100k	$200	1:1000
Standard	MT4/MT5	From 1.0 pip	$0	$200	1:1000
Swap Free	MT4/MT5/cTrader	From 0.0 pips	Varies	$200	1:1000

Broker Details

Minimum Trade Size

0.01 lots

Maximum Leverage

Up to 1:5000

Minimum to Open Live

Not verified

Established

2007

Address

Suite 2, Level 6, 50 Carrington Street, Sydney, NSW 2000, Australia

Contact

clientrelations@icmarkets.com

Regulators

ASIC (Australia), CySEC (Cyprus), Seychelles FSA (Raw Trading Ltd)

Prohibited Countries

United States, Canada, New Zealand, Iran, North Korea

Dealing Desk

❌ No

Web Trading

✅ Yes

Mobile Trading

✅ Yes

Trading Instruments

Currencies

60+ pairs (Majors, Minors, Exotics)

Cryptocurrencies

16 pairs (BTC, ETH, LTC, XRP, DOGE, ADA, BNB, DOT)

CFD

1,980+ instruments (Stocks, Commodities, Futures, Bonds)

Trading Conditions & Methods

EAs/Robots: YesNews Trading: YesScalping: YesCopy Trading: Yes

Deposit Methods

Visa, Mastercard, Bank Wire, Crypto, Skrill, Neteller, UnionPay, PayPal

Withdrawal Methods

Visa, Mastercard, Bank Wire, Crypto, Skrill, Neteller (must withdraw to original source first)

Pros & Cons

✅ PROS

+ Very tight raw spreads
+ Excellent execution speed
+ Wide platform choice
+ Strong regulation mix
+ Huge Trustpilot review base

❌ CONS

− Standard account spreads are wider than Raw
− FSA Seychelles entity offers less protection than ASIC/CySEC
− No proprietary platform

About IC Markets

IC Markets is one of the largest ECN forex and CFD brokers globally, offering deep liquidity from 25+ providers across 2,250+ instruments. It is a favorite among scalpers, EA users, and high-frequency traders thanks to consistently low latency execution and some of the tightest raw spreads in the industry.