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IC Markets

9.4/10Founded 2007 · Sydney, Australia
Open account at IC Markets

Sponsored · Your capital is at risk

Min Deposit

$200

Spreads From

0.0 pips

Max Leverage

1:500

Platforms

MT4, MT5, cTrader

Account Types

Standard, Raw Spread, cTrader

Regulators

ASIC, CySEC, FSA-SC

Pros & Cons

Pros

  • True ECN with raw spreads from 0.0 pips
  • Multiple regulators
  • Wide platform choice
  • Excellent for scalping and EAs

Cons

  • Commission on Raw Spread accounts
  • Limited beginner education

Regulation & Trust

ASIC
Verify
CySEC
Verify
FSA-SC
Verify

Investor Protection: Clients are covered by the relevant compensation scheme in each jurisdiction, with up to $500,000 in SIPC coverage for US-regulated entities and up to 20,000 EUR under ICF for CySEC.

Trading Conditions

FeatureRaw AccountStandard Account
Spread Typical0.0 pips0.0 pips
Execution ModelECN/STPECN/STP
Max Leverage1:5001:500
Margin Call100%100%
Stop Out50%50%

Platforms & Tools

MT4

MT4

  • • Advanced charting & technical analysis
  • • Expert Advisors / Algorithmic trading
  • • Mobile & desktop versions
MT5

MT5

  • • Advanced charting & technical analysis
  • • Expert Advisors / Algorithmic trading
  • • Mobile & desktop versions
cTrader

cTrader

  • • Advanced charting & technical analysis
  • • Expert Advisors / Algorithmic trading
  • • Mobile & desktop versions

Deposit & Withdrawal

MethodMinMaxFeeProcessing

Supported Instruments

Customer Support

Hours

24/5

Live Chat

Available

Email

support@broker.com

Phone

+1-800-XXX-XXXX

Who Is IC Markets For?

Best for

  • Scalpers needing ultra-low spreads
  • Algo traders using Expert Advisors
  • High-volume traders seeking raw pricing
  • Traders wanting multiple platform choice

Not ideal for

  • Complete beginners needing hand-holding
  • Traders looking for extensive education
  • Those wanting a proprietary platform

Compare IC Markets

IC Markets vs Pepperstone

9.4 vs 9.3

IC Markets vs FP Markets

9.4 vs 9.1

IC Markets vs XM

9.4 vs 8.9

Frequently Asked Questions

Final Verdict

9.4/10

IC Markets stands out with 0.0 pips spreads and 1:500 leverage, making it a strong choice for experienced traders. With regulation from ASIC, CySEC, FSA-SC, it provides a secure trading environment. The availability of MT4, MT5, cTrader ensures traders have access to industry-standard tools. While educational content could be improved, the competitive pricing and execution quality make IC Markets one of the top brokers in the market.

Alex Turner

Senior Forex Analyst at TheforexPulse

Last updated: April 14, 2026

This author does not hold positions in any broker reviewed on TheforexPulse.

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