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IC Markets Review
Overall Rating
4.7
- Trust4.3
- Fees4.8
- Platforms and Tools4.4
- Tradable Instruments4.7
- Customer Support4.8
- Research5.0
- Deposit and Withdrawal4.9
- Account Types and Terms4.8
- Education5.0
How Did We Test and Rate This Broker?
When trading forex and CFDs, understanding a broker's strengths and weaknesses is essential. We developed a proprietary rating system, which is the result of extensive research and hands-on evaluation by our expert reviewers. With a rigorous approach, our reviewers manually assess each broker, investing more than 50 hours per review, checking and testing the broker while analyzing over 250 variables to simplify the broker selection process for you.
The categories we evaluate include trustworthiness, trading platforms, customer support, regulatory oversight, spreads, fees, the variety of instruments offered, education, and research tools. This unique rating system is specifically developed to ensure that the assessment is based on firsthand knowledge and experience. By dedicating a significant amount of time to each review, our team of experts can provide in-depth insights and help you make well-informed decisions when choosing the broker that best suits your trading goals.
For this IC review, my third for the broker, I used live and demo trading accounts with Raw Trading Ltd (Seychelles) and tested the broker’s cTrader platform on desktop and mobile devices from 29–31 July 2026. I also used MetaTrader 5 (on demo accounts) to measure IC’s order execution speeds. Some features and services may vary by location.
Quick Verdict on IC
- IC’s defining feature is its rock-bottom fees, which can easily contend for the title of “lowest in the industry”. Notable mentions include the 3-cent AAPL spread I captured with the Standard account and the 0.1-pip EURUSD spread with the Raw account.
- Another highlight is an extensive range of trading platforms and tools. IC offers MT4, MT5, cTrader, and TradingView. Plus, there are IC Social, ZuluTrade, and Signal Start for social and copy trading, as well as VPS hosting for low-latency trading.
- IC also delivers in-depth research. The broker incorporates content from Autochartist and Trading Central, publishes its own market analyses, and has also developed the sophisticated IC Insights service.
- Education is another strong point of IC. The broker has conducted almost 1000 webinars, so you can watch their recordings on the broker’s YouTube channel.
- IC has no significant drawbacks. However, I’d like to see greater diversity in its trading product lineup. While IC offers more than 7,300 CFDs, the vast majority (7,200+) are stocks. There are no ETFs, bonds, options, or other such contracts.
| Recommended in 8 best broker guides: |
| Forex | Trading Platforms | Low Spreads | Regulated Brokers | High Volume Accounts | Day Trading | Commodity Trading | ASIC |
Who is IC For?
| Trading Style/Profile | Advantages | Drawbacks | Our Verdict |
| Casual Traders | Super low spreads, $0 minimum deposit requirement, robust market research, selection of popular retail platforms | — | ⭐ Perfect Match |
| Social & Copy Trading | IC Social, cTrader, Zulu Trade, Signal Start, and TradingView platforms for social and copy trading | — | ⭐ Perfect Match |
| Automated Trading | EAs trading via MT4/MT5, built-in bots on cTrader + possibility to program your own algorithms, free VPS | — | ⭐ Perfect Match |
| Day Trading | Super low spreads, powerful cTrader and TradingView platforms, Autochartist and Trading Central content | — | ⭐ Perfect Match |
| Scalping | One-click and DoM trading via MT4, MT5, and cTrader, free VPS | — | ⭐ Perfect Match |
| News Trading | Autochartist and Trading Central content, live analyses and IC Insights content | — | ⭐ Perfect Match |
| Beginners | $0 minimum deposit, fast customer support, 940+ webinars | — | ⭐ Perfect Match |
| Swing Trading | Low-to-average swaps, 360-degree market research | Tradable instruments lack diversity | ✅ Acceptable Choice |
| Investing | — | No real stocks or ETFs for portfolio building and value investing | ❌ Not Recommended |
IC Overview
IC is an Australian forex and CFD broker that delivers on all fronts: from its incredibly low trading fees to its diverse selection of trading platforms and market research. Since its establishment in 2007, IC has carved out a reputation as a reliable, feature-rich broker that suits all major types of traders. It offers more than 7,300 CFDs and futures contracts, supports social and copy trading, and provides sponsored Virtual Private Server (VPS) hosting.
What’s New?
Since my previous review of IC, the broker has:
✅ Added crypto payment options.
✅ Added two new account types.
✅ Lowered the minimum deposit requirement to $0.
✅ Added more than 5,000 new stocks.
✅ Massively upscaled its webinars offering from around 600 to more than 940.
❌ No longer offering ebooks.
IC Markets Pros and Cons
| Pros | Cons |
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What Sets IC Apart?
IC is the first broker in our system to receive a 5/5 score in the Fees category. I sampled the broker’s spreads on popular instruments across different markets using both its Standard and Raw accounts and found that its costs of trade (CoT) beat the industry average across the board. Just with the Standard account, I captured a 0.8-pip EURUSD spread, a $0.02 WTI spread, and a 3-cent AAPL spread.
| Recommended in 8 best broker guides: |
| Forex | Trading Platforms | Low Spreads | Regulated Brokers | High Volume Accounts | Day Trading | Commodity Trading | ASIC |
IC Markets Video Review
IC Markets Main Features
| ☑️ Regulations | ASIC (Australia), CySEC (Cyprus), FSA (Seychelles), CMA (Kenya), SCB (Bahamas) |
| 🗺 Supported Languages | English, Portuguese, Thai, Arabic, Spanish, Vietnamese |
| 💰 Products | Currencies, Stocks, Crypto, Bonds, Indices, Commodities |
| 💵 Min Deposit | $200 |
| 💹 Max Leverage | 1:30 (ASIC), 1:30 (CySEC), 1:5000 (FSA), 1:400 (CMA), 1:200 (SCB) |
| 🖥 Trading Desk Type | ECN |
| 📊 Trading Platforms | MT5, cTrader, MT4, TradingView, Zulutrade |
| 💳 Deposit Options | Poli, PayPal, Wire Transfer, Skrill, Neteller, Credit Card, Union Pay, Klarna, Rapid Transfer, Bpay, Broker to Broker, Debit Card, Local Banks |
| 💳 Withdrawal Options | Wire Transfer, Neteller, Skrill, Credit Card, PayPal, Klarna, Rapid Transfer, Union Pay, Bpay, Broker to Broker, Poli, Local Banks, Debit Card |
| 🤴 Demo Account | Yes |
| 🗓 Foundation Year | 2007 |
| 🌎 Headquarters Country | Australia |
Risk DisclosureCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
IC Markets Full Review
Advertising DisclosureWe prioritize rigorous, unbiased testing through our independent review process. While our ratings are objective, we receive compensation that may influence list placement. Learn how we make money
See IC Markets Full Information
Headquarters Country | Australia |
Foundation Year | 2007 |
Regulations | ASIC (Australia), CySEC (Cyprus), FSA (Seychelles), CMA (Kenya), SCB (Bahamas) |
Publicly Traded | No |
Number Of Employees | 933 |
Trading Desk Type | ECN |
Trading Platforms | MT5, cTrader, MT4, TradingView, Zulutrade |
Restricted Countries | Bolivia, Congo, Cote dIvoire, Cuba, North Korea, Kyrgyzstan, Lesotho, Guinea-Bissau, Liberia, Namibia, Mali, Niger, Iran, Guinea, Iraq, Afghanistan, Senegal, United States, Angola, Antigua and Barbuda, Togo, Yemen, Botswana, Syria, Sierra Leone, Cambodia, Gambia, Tanzania, Libya, Myanmar, Zimbabwe, Canada, Central African Republic, New Zealand, New Caledonia, Democratic Republic of the Congo, Cook Islands, Guam, Israel, Lebanon, Mayotte, Saint Kitts and Nevis, Northern Mariana Islands, Puerto Rico, Somalia, South Sudan, Sudan, Belgium, Brazil |
Supported Languages | English, Portuguese, Thai, Arabic, Spanish, Vietnamese |
Min Deposit | $200 |
Max Leverage | 1:30 (ASIC), 1:30 (CySEC), 1:5000 (FSA), 1:400 (CMA), 1:200 (SCB) |
Deposit Options | Poli, PayPal, Wire Transfer, Skrill, Neteller, Credit Card, Union Pay, Klarna, Rapid Transfer, Bpay, Broker to Broker, Debit Card, Local Banks |
Withdrawal Options | Wire Transfer, Neteller, Skrill, Credit Card, PayPal, Klarna, Rapid Transfer, Union Pay, Bpay, Broker to Broker, Poli, Local Banks, Debit Card |
Time to Withdrawal | 3 |
Time to Open an Account | 1 |
Crypto | Ethereum, Dogecoin, Bitcoin, Litecoin, Bitcoin Cash, Ripple, Dash, Cardano, EOS, Solana, Moonbeam |
Products | Currencies, Stocks, Crypto, Bonds, Indices, Commodities |
Demo Account | Yes |
OCO Orders | No |
Offers Hedging | Yes |
Automated Trading | Yes |
API Trading | Yes |
Guaranteed Stop Loss | Yes |
Guaranteed Limit Orders | Yes |
Guaranteed Fills / Liquidity | No |
Economic calendar | Yes |
Trading From Chart | No |
One-Click Trading | Yes |
Expert Advisor | Yes |
Social Trading | Yes |
Autochartist | Yes |
Trading Signals | Yes |
Platform Languages | Italian, Portuguese, Chinese, Arabic, Hindi, Thai, Vietnamese, English, French, Spanish, Russian, Indonesian |
24 Hours Support | Yes |
Support During Weekends | Yes |
Live Chat | Yes |
Daily Market Commentary | Yes |
News (Top-Tier Sources) | Yes |
Webinars | Yes |
Deposit Fee | No |
Withdrawal Fee | No |
Inactivity Fee | No |
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Advertising DisclosureWe prioritize rigorous, unbiased testing through our independent review process. While our ratings are objective, we receive compensation that may influence list placement. Learn how we make money
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.