IC Markets Review
Overall Rating
4.4 / 5
Fees
4.5 / 5
Safety
4.8 / 5
Platforms
4.3 / 5
Education
4.0 / 5
Min. deposit
$100
IC Markets — At a Glance
- Regulation
- ASIC (Australia), CySEC (Cyprus), FSA (Seychelles)
- Broker Type
- ECN
- Minimum Deposit
- $100
- Payment Methods
- Bank Transfer, Credit/ Debit Card, Paypal, Neteller, Skrill, UnionPay, Bpay, Broker to Broker, POLI, Thai Internet Banking, Rapidpay, Klarna, Vietnamese Internet Banking, Cryptocurrency
- Account Currencies
- AUD, USD, EUR, CAD, GBP, SGD, NZD, JPY, HKD, CHF, Cryptocurrency
- Assets Offered
- Forex, CFDs
- Trading Platforms
- Web, Mobile, MT4, MT5
- Demo Account
- Yes
- Maximum Leverage
- 1:1000
- Spread Type
- Variable
- Spread From
- 0.1 PIPS, 0.0 PIPS (Raw Accounts)
- Commission
- Standard Account - $0, Raw Spread Account - $7 (per standard lot), Raw Spread Account (cTrader) - $3 (per standard lot), Raw Pro Account - $3 (per standard lot) Raw Pro+ - $2 (per standard lot)
- Decimal Pricing
- 5 decimals
- Minimum Lot Size
- 0.01
- Maximum Lot Size
- 200
- Swap Free Account
- Yes
- Managed Account
- Yes
- PAMM / MAM Trading
- Yes
- Joint Account
- Yes
- Social / Copy Trading
- Yes
- Hedging
- Yes
- Scalping
- Yes
- One Click Trading
- Yes
- OCO Orders
- Yes
- Trailing Stop Loss
- Yes
- API Access
- Yes
- VPS Hosting
- Yes
- Bonuses
- No
- Contests
- No
- Headquarters
- Level 4, 50 Carrington Street, Sydney, NSW 2000.
- International Offices
- Australia, Cyprus, Seychelles
- Languages
- English, Spanish, French, German, Portuguese, Japanese, Italian, Greek, Mandarin, Chinese, Indonesian, Thai, Arabic, Vietnamese, Bahasa Indonesia
- Customer Support
- Email, Telephone, Live Chat
Pros & Cons
Pros
- +Very low FX spreads on majors
- +Tier-1 regulation (FCA)
- +Strong platform lineup (MT4/MT5 + web)
- +Good ETF and stock coverage
Cons
- −Higher min deposit than some rivals
- −Overnight financing can be pricey