Updated October 23, 2026

IC Markets review covers a CFD broker trading since 2007 with around 180,000 clients worldwide. This page sets out the account types, the spread and commission structure, the platforms and the regulation, all from published terms. Updated September 2026.

IC Markets at a glance

• Founded: 2007

• Clients: around 180,000 worldwide

• Regulators: four jurisdictions, including ASIC in Australia and the FSA in Seychelles

• Leverage: up to 500:1

• Account types: Raw cTrader, Raw MetaTrader, Standard MetaTrader

• Instruments: 2,000+ CFDs

• Platforms: MetaTrader 4, MetaTrader 5, cTrader

• Broker fees on deposits and withdrawals: none, though payment processors may charge

• Not accepted: clients from the US, Canada, Israel and New Zealand among others

Is IC Markets a good broker in 2026

IC Markets built its reputation on two things traders can measure: low spreads and execution speed. User feedback is consistently positive on both, and the instrument range covers most of what a retail trader needs. Support gets praise for responsiveness, though some users report occasional delays during busy periods.

The account structure is where the real decision sits. Raw cTrader and Raw MetaTrader both offer the tightest spreads and charge commission, with cTrader carrying the lower commission rate of the two. The Standard MetaTrader account has a wider average spread and no commission. For frequent trading the raw accounts usually work out cheaper; for occasional trading the Standard account avoids the per-trade charge. Minimum deposit is the same across all three.

What you can trade

Everything trades as a contract for difference, so you never own the underlying asset.

IC Markets Trading Terms and Product Offerings

61 forex pairs, 25 indices, 20 commodities, 2,100 stocks, 9 bonds, 21 cryptocurrencies, 4 futures contracts

Platforms

Most forex brokers stop at MetaTrader 4 and 5. IC Markets adds cTrader, which is the reason active traders choose it. cTrader gives Level II pricing, showing the size of bids and offers around the current price, and it carries Smart Stop Out: if your account falls below the required margin, the platform closes the minimum needed rather than liquidating everything at once. All three platforms run on desktop, web and mobile, and copy trading is available.

IC Markets Trading Platforms

Funding and withdrawals

IC Markets charges nothing on deposits or withdrawals, though each payment processor may apply its own fee. Withdrawal requests are processed the same day if received before 12:00 AEST or AEDT, and the next business day after that cutoff. Actual arrival time depends on your payment provider, so check with them rather than with the broker.

IC Markets Funding and Withdrawal Options

Are client funds safe

Client money sits in segregated accounts, held in trust and separate from company funds. That matters in one specific scenario: if the broker fails, segregated balances are returned to clients less the trustee's distribution fee, because the money was never available to company creditors. Segregation does not protect you from trading losses, and it is worth confirming which entity holds your account, since protection differs by jurisdiction.

Regulation

Four regulators supervise the group. Raw Trading Ltd, trading as IC Markets Global, holds a licence from the Financial Services Authority in Seychelles. International Capital Markets Pty Ltd is regulated by ASIC in Australia, and the EU entity holds its own authorisation. Multiple licences mean the firm meets capital and reporting requirements in more than one jurisdiction, which is a meaningful signal. Always confirm which entity you are signing with, because that determines your leverage cap and your protection.

Support

Phone support runs 24 hours a day, seven days a week, with wait times usually under five minutes. Email replies typically arrive within 24 hours, and there is a contact form and a Help Centre covering common questions.

Who IC Markets suits

• Active traders who want raw spreads and cTrader with Level II pricing

• Scalpers and algorithmic traders who need execution speed and MetaTrader automation

• Traders comparing commission-based against spread-only pricing on the same broker

• Not available to clients in the US, Canada, Israel or New Zealand

IC Markets suits a trader who places enough volume to benefit from raw spreads and wants cTrader alongside MetaTrader. Check the restricted country list before you apply, and compare the terms with other options in our broker hub.

IC Markets review: frequently asked questions

Which account type should I choose?

Raw cTrader and Raw MetaTrader give the tightest spreads with commission, and cTrader has the lower commission of the two. Standard MetaTrader has a wider spread and no commission. Frequent traders usually save on the raw accounts.

Is IC Markets regulated?

Yes, by four regulators. ASIC covers the Australian entity, the FSA in Seychelles covers IC Markets Global, and there is a separate EU authorisation.

What leverage does IC Markets offer?

Up to 500:1, though the applicable cap depends on the entity you register with and your jurisdiction.

Does IC Markets charge deposit or withdrawal fees?

No. The broker charges nothing, but your payment processor may. Withdrawals requested before 12:00 AEST or AEDT are processed the same day.

Are my funds segregated?

Yes. Client money is held in trust in segregated accounts, separate from company funds, so it is returned to clients if the broker fails.

How Do I Contact IC Markets’ Support?

Are my funds secure with IC Markets?

Can I open an account from the United States?

No. IC Markets does not accept clients from the US, Canada, Israel or New Zealand among other countries.