IC Markets Review
Updated regularly · Independent ratings
Overall Rating
4.4 / 5
Fees
4.5 / 5
Safety
4.8 / 5
Platforms
4.3 / 5
Education
4.0 / 5
Min. deposit
$100
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.
IC Markets — At a Glance
Full broker data from our database
| Minimum deposit | $100 |
| Broker type | ECN |
| Spread type | Variable |
| Spreads 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) |
| Maximum leverage | 1:1000 |
| Minimum lot size | 0.01 |
| Maximum lot size | 200 |
| Decimal pricing | 5 decimals |
| Trading platforms | Web, Mobile, MT4, MT5 |
| API access | Yes |
| VPS | Yes |
| Demo account | Yes |
| Segregated account | Yes |
| Swap-free account | Yes |
| Managed account | Yes |
| PAMM / MAM account | Yes |
| Joint account | Yes |
| Copy trading | Yes |
| Social trading | Yes |
| Account currencies | AUD, USD, EUR, CAD, GBP, SGD, NZD, JPY, HKD, CHF, Cryptocurrency |
| One-click trading | Yes |
| OCO orders | Yes |
| Trailing stop loss | Yes |
| Hedging allowed | Yes |
| Scalping allowed | Yes |
| Interest on margin | No |
| Bonuses | No |
| Contests | No |
| Regulators | ASIC (Australia), CySEC (Cyprus), FSA (Seychelles) |
| Headquarters | Level 4, 50 Carrington Street, Sydney, NSW 2000. |
| International offices | Australia, Cyprus, Seychelles |
| Assets offered | Forex, CFDs |
| 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 |
| Languages | English, Spanish, French, German, Portuguese, Japanese, Italian, Greek, Mandarin, Chinese, Indonesian, Thai, Arabic, Vietnamese, Bahasa Indonesia |
| Customer support | Email, Telephone, Live Chat |
| Contact email | support@icmarkets.com |
| Minimum deposit | $100 | Social trading | Yes |
| Broker type | ECN | Account currencies | AUD, USD, EUR, CAD, GBP, SGD, NZD, JPY, HKD, CHF, Cryptocurrency |
| Spread type | Variable | One-click trading | Yes |
| Spreads from | 0.1 PIPS, 0.0 PIPS (Raw Accounts) | OCO orders | Yes |
| 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) | Trailing stop loss | Yes |
| Maximum leverage | 1:1000 | Hedging allowed | Yes |
| Minimum lot size | 0.01 | Scalping allowed | Yes |
| Maximum lot size | 200 | Interest on margin | No |
| Decimal pricing | 5 decimals | Bonuses | No |
| Trading platforms | Web, Mobile, MT4, MT5 | Contests | No |
| API access | Yes | Regulators | ASIC (Australia), CySEC (Cyprus), FSA (Seychelles) |
| VPS | Yes | Headquarters | Level 4, 50 Carrington Street, Sydney, NSW 2000. |
| Demo account | Yes | International offices | Australia, Cyprus, Seychelles |
| Segregated account | Yes | Assets offered | Forex, CFDs |
| Swap-free account | Yes | 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 |
| Managed account | Yes | Languages | English, Spanish, French, German, Portuguese, Japanese, Italian, Greek, Mandarin, Chinese, Indonesian, Thai, Arabic, Vietnamese, Bahasa Indonesia |
| PAMM / MAM account | Yes | Customer support | Email, Telephone, Live Chat |
| Joint account | Yes | Contact email | support@icmarkets.com |
| Copy trading | Yes |
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