FBRForex Broker Rating
Adam Peters
Written by Adam Peters
Broker Analyst
Updated
IC Markets logo

IC Markets Review

Key Facts

Regulation
ASIC · CySEC · FSA
Broker Type
ECN
Min. Deposit
$100
Platforms
Web, Mobile, MT4, MT5
Fees
Low
Max Leverage
1:1000
Demo Account
Yes

Our Ratings

4.4
out of 5
Safety & Regulation4.8
Fees & Costs4.5
Platforms & Execution4.3
Education4.0

73% of retail FX and CFD accounts lose money.

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

IC Markets - At a Glance

Trading Conditions

Broker Type
ECN
Minimum Deposit
$100
Maximum Leverage
1:1000
Spread Type
Variable
Spread From
0.1 pips (Standard Account), 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
Hedging
Yes
Scalping
Yes
Assets Offered
Forex, CFDs

Account Types

Demo Account
Yes
Swap Free Account
Yes
Managed Account
Yes
PAMM / MAM Trading
Yes
Joint Account
Yes
Social / Copy Trading
Yes
Bonuses
No
Contests
No

Platforms & Tools

Trading Platforms
Web, Mobile, MT4, MT5
One Click Trading
Yes
OCO Orders
Yes
Trailing Stop Loss
Yes
API Access
Yes
VPS Hosting
Yes

Company

Regulation
ASIC (Australia), CySEC (Cyprus), FSA (Seychelles)
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Headquarters
Level 4, 50 Carrington Street, Sydney, NSW 2000.
International Offices
Australia, Cyprus, Seychelles
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
Languages
English, Spanish, French, German, Portuguese, Japanese, Italian, Greek, Mandarin, Chinese, Indonesian, Thai, Arabic, Vietnamese, Bahasa Indonesia
Customer Support
Email, Telephone, Live Chat

73% of retail FX and CFD accounts lose money.