Overview
IC Markets was founded in 2007 and is headquartered in Sydney, Australia. Listing: Private. Markets on offer include Forex, Indices, Commodities, Stock CFDs and more, through 4 platforms.
What we like
- Raw Spread accounts with low commissions
- Four platforms, including cTrader and TradingView
- ASIC and CySEC regulated entities
- Popular with automated and high-volume traders
- Rebranded to IC in 2026; same regulated entities
Watch out for
- Not available in the US, Canada, Israel or New Zealand
- Minimum deposit depends on the entity you are assigned
- Thin education and research compared with XTB or IBKR
Regulation and safety
Australian residents trade with the ASIC regulated entity and EU residents with the CySEC regulated entity. Most other clients are served by Raw Trading Ltd in the Seychelles, which allows higher leverage and offers lighter protection.
| Entity | Regulator | Serves |
|---|---|---|
| International Capital Markets Pty Ltd | ASIC (Australia) | Australia |
| IC Markets (EU) Ltd | CySEC | EU / EEA |
| Raw Trading Ltd (IC Markets Global) | FSA (Seychelles) | Other countries |
Fees
Raw Spread accounts charge a commission per lot on top of raw interbank spreads (on MetaTrader it is $3.50 per side per standard lot). The Standard account has no commission and wider spreads. Swaps apply overnight.
| Broker | Account | EUR/USD spread | Commission | Cost of 1 lot EUR/USD | Withdrawal | Inactivity | Currency conversion |
|---|---|---|---|---|---|---|---|
| IC MarketsSource: IC Markets – account overview, checked 6 October 2026 | Raw Spread (MetaTrader) | 0.1 pipsIC's published average | $7 per lot round turn | $8.00 | Free for most methods; international bank wires around $20 | None | Not separately published |
Share of retail CFD accounts losing money: 73.46% at IC Markets (EU) Ltd.
Compare fees across all brokers
Account opening
Online application with ID and address checks. The minimum deposit depends on the entity: an independent July 2026 review found $0 at the Seychelles entity, while other entities have asked for $200.
Deposits and withdrawals
Cards, bank wire, e-wallets and, at the global entity, crypto. Most withdrawals are free; international bank wires cost around $20.
Customer support
IC advertises dedicated support seven days a week on its EU website.
Platforms
IC Markets offers MetaTrader 4, MetaTrader 5, cTrader and TradingView. cTrader suits manual scalpers who want depth of market and fast order entry; MetaTrader suits expert advisors.
- MetaTrader 4
- MetaTrader 5
- cTrader
- TradingView
Markets
- Forex
- Indices
- Commodities
- Stock CFDs
- Bond CFDs
- Futures CFDs
- Crypto CFDs
Who should avoid IC Markets
- You are a beginner who wants courses and a simple app
- You live in the US, Canada, Israel or New Zealand
- You want to buy and hold real shares rather than trade CFDs
Where IC Markets accepts clients
IC Markets Global states that it does not serve residents of the US, Canada, Israel, New Zealand, Iran and North Korea. By our count that is 189 of the 197 countries we track.
Show all 189 countriesHide countries
Europe
Asia
Africa
Americas
Sources: www.icmarkets.com. Brokers change their lists without notice; the broker's sign-up form is the final word.
Latest IC Markets news
Lower minimum deposit, new accounts and 5,000 more stocks
An independent review in July 2026 found IC had cut the minimum deposit to $0 on its Seychelles entity, added two account types, more than 5,000 extra stocks and crypto deposit options. Other entities may still require a deposit.
Source: FXEmpire
IC Markets is now IC, and the site moved to ic.com
IC Markets completed its rebrand to IC and moved its main website from icmarkets.com to ic.com. The regulated entities and licences stay the same. Bookmark the new domain and be wary of look-alike sites using the shorter name.
Source: FX News Group
IC Funded prop trading firm goes live
IC's prop trading unit, IC Funded, started operating at icfunded.com after being paused in 2024. Prop challenges are a separate product from a regular trading account, with their own rules and fees.
Source: FX News Group
Frequently asked questions
Is IC Markets safe?
Australian residents trade with the ASIC regulated entity and EU residents with the CySEC regulated entity. Most other clients are served by Raw Trading Ltd in the Seychelles, which allows higher leverage and offers lighter protection.
What is the minimum deposit at IC Markets?
From $0 (varies by entity). The amount can depend on your country, the entity you sign with and the payment method.
Which platforms does IC Markets offer?
MetaTrader 4, MetaTrader 5, cTrader, TradingView.
In how many countries does IC Markets accept clients?
By our count IC Markets accepts residents of 189 of the 197 countries we track. IC Markets Global states that it does not serve residents of the US, Canada, Israel, New Zealand, Iran and North Korea.
Does IC Markets offer CFDs?
Yes.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Each broker publishes its own current loss percentage on its website.