FXMARE editorial rating, not user reviews.
IC Markets is a Sydney-founded ECN/STP broker renowned for ultra-tight raw spreads and deep liquidity across MT4, MT5, and cTrader.
Spreads, minimum deposit and leverage are indicative and vary by account type and jurisdiction — confirm current terms on the broker’s site.
IC Markets is a Sydney-founded ECN/STP broker renowned for ultra-tight raw spreads and deep liquidity across MT4, MT5, and cTrader.
IC Markets is regulated by ASIC (Australia), CySEC (Cyprus / EU), FSA (Seychelles), SCB (Bahamas). Independently verifiable licences include ASIC AFSL 335692 — International Capital Markets Pty Ltd; CySEC 362/18 — IC Markets (EU) Ltd. It ranks among the most trusted, tier-1-regulated brokers in this comparison.
EUR/USD spreads start around 0.01 pips on the raw/ECN account (about 0.1 pips on the standard, commission-free account), with $7 (Raw MT4/MT5); ~$6 (cTrader Raw) commission. The minimum deposit is $0 (global/Seychelles entity); $200 suggested for institutional-grade pricing and maximum retail leverage is 1:30 (ASIC AU / CySEC EU, major FX); up to 1:500 (FSA Seychelles); up to 1:500 (SCB Bahamas). Swap-free (Islamic) trading is offered conditionally — Available on request for clients who demonstrate religious beliefs preventing interest. Holding fees replace swaps and are charged every calendar day including weekends. Most instruments have a 5-day grace period (no fee if position closed before Day 5). Exceptions: energy CFDs (XTIUSD, XBRUSD, XNGUSD) have no grace period — fees apply from Day 1. JPY pairs (USDJPY, GBPJPY) have a 2-day grace period. Rates vary by instrument (e.g. EURUSD ~$9/lot/day, USDTRY ~$101/lot/day) and are subject to change. Covers 90+ instruments including forex, indices, metals, energy, and crypto..
Platforms include MT4, MT5, cTrader, TradingView. IC Markets provides ~2,250+ (61 forex pairs, 25 indices, 2,100+ stocks, 21 crypto, 20+ commodities, 9+ bonds, 5 futures) across Forex, Indices, Stocks, Commodities, Crypto, Bonds, funded via Credit/Debit Card, PayPal, Neteller, Skrill, Wire Transfer, UnionPay.
IC Markets is one of the most credible raw-spread brokers globally, with ASIC and CySEC regulation providing solid tier-1 oversight for Australian and EU clients respectively. Its raw spread accounts consistently rank among the tightest in the industry, making it a top choice for active scalpers and algo traders. The offshore Seychelles and Bahamas entities extend access to higher leverage but at the cost of weaker investor protections, and a pending Australian class action warrants monitoring.
Headquarters: Sydney, Australia · Funding: Credit/Debit Card, PayPal, Neteller, Skrill, Wire Transfer, UnionPay, BPAY (AU), POLi (AU)
Licence numbers link to each regulator’s public register so you can verify them yourself. Last checked 2026-06-25.
IC Markets is authorised by ASIC (Australia), CySEC (Cyprus / EU), FSA (Seychelles), SCB (Bahamas). 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.
Available on desktop, web and mobile. Tradable across Forex, Indices, Stocks, Commodities, Crypto, Bonds. Track every position you take with IC Markets in the FXMARE trading journal.
IC Markets is one of the most credible raw-spread brokers globally, with ASIC and CySEC regulation providing solid tier-1 oversight for Australian and EU clients respectively. Its raw spread accounts consistently rank among the tightest in the industry, making it a top choice for active scalpers and algo traders. The offshore Seychelles and Bahamas entities extend access to higher leverage but at the cost of weaker investor protections, and a pending Australian class action warrants monitoring.
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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.
