IC Markets Review
4.7/ 5 · Best for Scalpers, high-volume & algo traders
FXMARE editorial rating, not user reviews.
Raw-spread specialist with deep liquidity and full MetaTrader + cTrader support — a long-time favourite of scalpers and algo traders.
Spread from
0.0 pips (Raw)
Min deposit
$200
Max leverage
1:30 (retail) / up to 1:500 (offshore)
Regulators
ASIC, CySEC, FSA (Seychelles)
Founded
2007
Instruments
2,250+ markets
Spreads, minimum deposit and leverage are indicative and vary by account type and jurisdiction — confirm current terms on the broker’s site.
Visit IC Markets ↗Affiliate link · $200 min deposit · Trading CFDs is high-risk
IC Markets Overview
IC Markets is a Sydney-based broker that built its reputation on raw-spread, high-liquidity execution. It is regulated by ASIC in Australia and CySEC in Cyprus, with an additional offshore entity in the Seychelles for clients seeking higher leverage.
The Raw Spread account delivers spreads from around 0.0 pips on EUR/USD with a flat commission, and the broker's deep aggregated liquidity and fast execution make it a long-standing favourite for scalping and automated strategies. MT4, MT5, cTrader and TradingView are all available.
The trade-offs are a $200 minimum deposit and the fact that the headline high leverage is only available through the offshore entity, which carries weaker protections than the ASIC/CySEC arms. For cost-focused, high-volume traders, IC Markets remains a top pick.
Headquarters: Sydney, Australia · Funding: Cards, bank wire, PayPal, Skrill, Neteller
Pros
- Deep liquidity and very tight raw spreads popular with scalpers
- ASIC and CySEC regulated, with the client-money rules those regulators require
- MT4, MT5, cTrader and TradingView all supported
- High-volume execution well-suited to EAs and algos
Cons
- $200 minimum deposit
- Highest leverage only via the offshore (Seychelles) entity
- No proprietary trading platform
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Ratings Breakdown
FXMARE editorial assessment — not aggregated user reviews. Trader reviews, when submitted, are shown separately below.
Fees & Spreads4.9
Platforms & Tools4.7
Customer Support4.6
Trust & Regulation4.6
Overall
4.7 / 5
IC Markets Fees & Costs
Figures are indicative and vary by account type and jurisdiction. Always confirm current pricing on the broker’s website.
Regulation & Safety
Licence numbers link to each regulator’s public register so you can verify them yourself. Last checked 2026-06-03.
IC Markets is authorised by ASIC, CySEC, FSA (Seychelles). Brokers regulated in tier-1 jurisdictions are generally required to hold client money separately from company funds and may offer protections such as negative-balance protection or an investor-compensation scheme — the exact safeguards depend on the entity you sign up with. As with all trading, your capital is at risk. Confirm which entity, licence and protections apply to your country on the regulator’s register before funding an account.
Platforms
MT4MT5cTraderTradingView
Available on desktop, web and mobile. Tradable across Forex, Indices, Commodities, Crypto, Stocks. Track every position you take with IC Markets in the FXMARE trading journal.
FXMARE Verdict
4.7
Best for Scalpers, high-volume & algo traders
IC Markets is one of the best-known raw-spread brokers for scalpers and algo traders, with tight pricing and broad platform support. Choose the ASIC or CySEC entity for stronger protection and confirm the leverage available to you.
Community Rating
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Affiliate Disclosure
FXMARE may earn a commission if you open an account through links on this page, including any placement marked Sponsored. This does not affect our independent rating of IC Markets. Trading forex and CFDs carries a high level of risk and most retail accounts lose money. This review is information, not financial advice — verify all terms with the broker directly.
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