IC Markets
Globally renowned Australian-based ECN broker, highly favored by algorithmic and high-volume traders.
IC Markets — 2010-founded ASIC/CySEC-regulated broker offering MetaTrader 4/MetaTrader 5/cTrader.
IC Markets — 2010-founded ASIC/CySEC-regulated broker offering MetaTrader 4/MetaTrader 5/cTrader.
Broker Details
- Headquarters
- Australia
- Established
- 2010
- Min Deposit
- $200
- Execution
- ECN/STP
- Regulators
- ASIC, CySEC, FSA
Trading Conditions
- Retail Loss Rate
- Undisclosed
- Daily Loss Limit
- Not applicable
- Min Raw Spreads
- Undisclosed
- Min Standard Spreads
- Undisclosed
- Min Forex Commission
- Included in spread (standard account); commission on ECN/Raw accounts
- Profit Share
- Not applicable
- Trading Hours
- Currency PairsMonday 00:01 - Friday 23:57CryptocurrenciesSunday 00:05 - Saturday 23:59CommoditiesMonday 01:00 - Friday 23:59Crude OilMonday 01:00 - Friday 23:57GoldMonday 00:02 - Friday 23:57MetalsMonday 01:00 - Friday 23:57Equity IndicesMonday 01:00 - Friday 23:55StocksMonday 01:10 - Friday 22:55BondsMonday 01:00 - Friday 23:55FuturesMonday 01:00 - Friday 23:59
Accounts & Funding
- Funding Methods
- Credit/Debit CardsBank Wire TransferE-wallets
- Deposit Options
- Credit/Debit CardsBank Wire TransferE-wallets
- Deposit Fees
- Undisclosed — check the broker's fee schedule before funding
- Withdrawal Options
- Credit/Debit CardsBank Wire TransferE-wallets
- Withdrawal Fee
- Varies by method; consult the official fee schedule
Trading Costs & Spreads
- EUR/USD
- 0.0 pips ($0.00)
- GBP/USD
- 0.0 pips ($0.00)
- Gold
- $0.05
- Bitcoin
- $12.47
- WTI Crude
- $0.03
- Inactivity Fee
- May apply after prolonged inactivity; see terms and conditions
- Max Evaluation Fee
- Not applicable
Platform & Features
- Trading Platforms
- MetaTrader 4, MetaTrader 5, cTrader
- Regulators Detailed
- Australian Securities & Investments CommissionCountry: AustraliaLicense: AFSL No. 335692Financial Services AuthorityCountry: SeychellesLicense: License Number SD018Securities Commission of The BahamasCountry: BahamasLicense: License Number SIA-F214Cyprus Securities and Exchange CommissionCountry: CyprusLicense: License Number 362/18
Pros
- True ECN trading environment with no dealing desk intervention
- Consistently low spreads reaching 0.0 pips on major pairs
- Top-tier liquidity and enterprise server colocation (NY4 data center)
- Unrestricted trading (scalping, hedging, and high-frequency algorithms allowed)
Cons
- Lack of proprietary trading platform (relies entirely on MT4/MT5 and cTrader)
- Customer support can sometimes have longer queue times during peak hours
Comprehensive Review
IC Markets Review 2026: An Editorial Assessment
IC Markets is a brokerage established in 2010, headquartered in Australia. This editorial review walks through regulation, platforms, fees, and who IC Markets is best suited for. The assessment is based on publicly disclosed information and is intended as a starting point for your own due diligence — always demo-test and verify the regulated entity you will be onboarded to.
Regulation and Safety
It is supervised by the following authorities according to its public disclosures: ASIC, CySEC, FSA. Broker oversight matters because regulators enforce capital adequacy, segregated client accounts and transparent pricing disclosures. Where multiple regulators are involved, identify which entity holds the contract for your jurisdiction.
Trading Platforms
The supported trading platforms include: MetaTrader 4, MetaTrader 5, cTrader. Each platform has trade-offs in charting depth, automation support and order types — pick the one that matches your strategy rather than what is marketed loudest.
Spreads, Fees, and Commissions
Advertised spreads at IC Markets start from Undisclosed on major pairs under typical liquidity conditions. Spreads always widen around news events, market open/close and during low-liquidity sessions — assume realistic, not advertised, spreads when sizing positions.
Maximum leverage is described as Varies by jurisdiction and account type, subject to the regulator and account profile.
Account Types and Minimum Deposit
The published minimum deposit is $200 as of the latest editorial review. IC Markets markets Varies by account type, which determines the breadth of strategies you can run on a single account.
Funding and Withdrawals
Supported channels include: Credit/Debit Cards, Bank Wire Transfer, E-wallets. Processing times and fees vary by method and region; e-wallets typically clear faster than bank wires. Confirm the cut-off times in the client portal before initiating large transfers.
Who Is This Broker Best For?
- Active traders who need the documented spread and execution profile IC Markets advertises
- Beginners who value a low-friction onboarding flow and clear documentation
- Strategy developers who want to backtest against the available platforms before committing real capital
Final Verdict
This editorial assessment of IC Markets is intended to highlight what the broker publicly discloses and where to focus your own due diligence. Demo-test the platform, verify the regulated entity you will onboard to, and review the fee schedule before funding an account. Past performance and broker reputation are not a substitute for hands-on testing.
FAQ
Frequently asked questions
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