Written by Angelo Martins
Edited by David Johnson
Fact checked by Evelina Laurinaityte
Human moderated by Jason Peterson
Last updated October, 2024

IC Markets Overall rating

5.0
Ranked 1 out of 941 (Forex Brokers)
Overall rating is derived from an aggregate of ratings in multiple categories.
Rating Weight
User Rating 3
Popularity
5.0
3
Regulation
5.0
2
Pricing rating
5.0
1
Features
5.0
1
Customer Support
5.0
1

IC Markets Profile

Company Name International Capital Markets Pty Ltd
Categories Forex Brokers, Cryptocurrency Brokers, Forex Rebates, Cryptocurrency Rebates
Primary Category Forex Brokers
Year Founded 2007
Headquarters Australia
Office Locations Australia, China
Account Currency AUD, CAD, CHF, EUR, GBP, JPY, NZD, SGD, USD, HKD
Client funds bank National Australian Bank (NAB), Westpac Banking Corporation
Support Languages Arabic, Bulgarian, Chinese, English, French, German, Indonesian, Italian, Korean, Malay, Portuguese, Russian, Spanish, Thai, Vietnamese, Czech, Croatian
Funding Methods Bank Wire, BPAY, Broker to Broker, China Union Pay, Credit Card, FasaPay, Neteller, PayPal, POLi, Skrill, Klarna, RapidPay
Financial Instruments Futures, Forex, Shares, Indices, Bonds, Oil/Energies, Cryptocurrencies, Metals, Soft Commodities (coffee, sugar...)
Prohibited Countries Afghanistan, Angola, American Samoa, Australia, Central African Republic, Congo, Ivory Coast, Cook Islands, Cuba, Gambia, Guinea, Guam, Guinea Bissau, Israel, Iraq, Iran, Kyrgyzstan, Cambodia, North Korea, Lebanon, Libya, Mali, Myanmar, Northern Mariana Islands, Martinique, New Caledonia, Niue, New Zealand, Saint Pierre and Miquelon, Puerto Rico, Reunion, Russia, Sudan, Sierra Leone, Senegal, Somalia, Syria, Tokelau, United States, Virgin Islands, U.s., Wallis and Futuna, Yemen, Mayotte, Zimbabwe, Saint Pierre and Miquelon, Republic Of The Congo, Saint Barthelemy, Sint Maarten, South Sudan
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Trading API
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread

IC Markets Web traffic

Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.

Websites
icmarkets.com
Organic monthly visits 2,100,629 (99%)
Organic traffic rank 18 out of 941 (Forex Brokers)
Paid monthly visits 30,387 (1%)
Total monthly visits 2,131,016
Bounce rate 38%
Pages per visit 4.50
Average visit duration 00:04:12.2080000

IC Markets Account types

  Standard Raw Spread cTrader
Commission-7.00 USD\9.00 AUD\5.50 GBP\6.50 EUR\9.50 SGD\54.25 HKD$3.00 Per Side Per 100K USD Traded
Maximum leverage1000:1
Mobile PlatformMT4 Mobile, MT5 MobilecTrader Mobile, TradingView Mobile
Trading platformMT4, MT5, WebTradercTrader, WebTrader, TradingView
Spread TypeVariable Spread
Minimum Deposit200
Minimum Trade Size0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  Standard
Maximum leverage 1000:1
Typical Spread 1.0-1.1
Trading platform MT4MT5WebTrader
Mobile platform MT4 MobileMT5 Mobile
Spread type Variable Spread
Minimum deposit 200
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  Raw Spread
Commission 7.00 USD\9.00 AUD\5.50 GBP\6.50 EUR\9.50 SGD\54.25 HKD
Maximum leverage 1000:1
Typical Spread 0.0-0.1
Trading platform MT4MT5WebTrader
Mobile platform MT4 MobileMT5 Mobile
Spread type Variable Spread
Minimum deposit 200
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  cTrader
Commission $3.00 Per Side Per 100K USD Traded
Maximum leverage 1000:1
Typical Spread 0.1
Trading platform cTraderWebTraderTradingView
Mobile platform cTrader MobileTradingView Mobile
Spread type Variable Spread
Minimum deposit 200
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

IC Markets User Rating

4.8

IC Markets reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.

Please make sure your comments are relevant and that they do not promote anything. Irrelevant comments, including inappropriate or promotional links, and comments containing abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind, will be deleted.

IC Markets Cashback rebates

Cash back rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.
  Standard Raw Spread cTrader
ForexFX Majors: 0.20 Pips
FX Others: 0.30 Pips
21.50% Of Commissions Paid$0.60 Per 100K USD Traded
Metals0.30 Pips21.50% Of Commissions Paid
 
$0.60 Per 100K USD Traded
IndicesUp to $1.25 Per LotUp to $1.075 Per Lot$0.60 Per 100K USD Traded
CryptocurrenciesUp to $0.5 Per LotUp to $0.43 Per Lot$0.60 Per 100K USD Traded
Payment Options
Spread Reduction
By opening your account through us you'll trade on lower spreads!
Monthly Cash Back - Real Time Reports
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. Real-time “reports” are posted on your profile dashboard: 1) for most MT4 accounts every 10 minutes; 2) for XM accounts every few hours; 3) and for all: MT5, Tickmill, IC Markets, IC Trading & EightCap accounts (Crypto transactions are not included in Real-time reports) once daily.
Commission reduction
By opening your account through us you'll trade on lower commissions!
Monthly Cash Back - Real Time Reports
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. Real-time “reports” are posted on your profile dashboard: 1) for most MT4 accounts every 10 minutes; 2) for XM accounts every few hours; 3) and for all: MT5, Tickmill, IC Markets, IC Trading & EightCap accounts (Crypto transactions are not included in Real-time reports) once daily.
  Standard
Forex FX Majors: 0.20 Pips
FX Others: 0.30 Pips
Metals 0.30 Pips
Indices Up to $1.25 Per Lot
Cryptocurrencies Up to $0.5 Per Lot
Payment Options
Spread Reduction
By opening your account through us you'll trade on lower spreads!
Monthly Cash Back - Real Time Reports
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. Real-time “reports” are posted on your profile dashboard: 1) for most MT4 accounts every 10 minutes; 2) for XM accounts every few hours; 3) and for all: MT5, Tickmill, IC Markets, IC Trading & EightCap accounts (Crypto transactions are not included in Real-time reports) once daily.
  Raw Spread
Forex 21.50% Of Commissions Paid
Metals 21.50% Of Commissions Paid
 
Indices Up to $1.075 Per Lot
Cryptocurrencies Up to $0.43 Per Lot
Payment Options
Commission reduction
By opening your account through us you'll trade on lower commissions!
Monthly Cash Back - Real Time Reports
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. Real-time “reports” are posted on your profile dashboard: 1) for most MT4 accounts every 10 minutes; 2) for XM accounts every few hours; 3) and for all: MT5, Tickmill, IC Markets, IC Trading & EightCap accounts (Crypto transactions are not included in Real-time reports) once daily.
  cTrader
Forex $0.60 Per 100K USD Traded
Metals $0.60 Per 100K USD Traded
Indices $0.60 Per 100K USD Traded
Cryptocurrencies $0.60 Per 100K USD Traded
Payment Options
Commission reduction
By opening your account through us you'll trade on lower commissions!
Monthly Cash Back - Real Time Reports
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. Real-time “reports” are posted on your profile dashboard: 1) for most MT4 accounts every 10 minutes; 2) for XM accounts every few hours; 3) and for all: MT5, Tickmill, IC Markets, IC Trading & EightCap accounts (Crypto transactions are not included in Real-time reports) once daily.

Notes

21.50% of commissions paid are based on account currency: 1.505 USD, 1.505 AUD, 1.161 EUR, 1.075 GBP, 1.35 CHF, 1.849 SGD, 11.66 HKD 

Rebates are not paid for:
  • accounts registered with CySEC, Bahamas SCB and ASIC entities
  • Australian residents

What are IC Markets rebates?

IC Markets rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.

Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.

How do IC Markets rebates work?

When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.

Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.

How much IC Markets rebates can I earn?

Use our forex rebate calculator to estimate your IC Markets rebate earnings:

 
You must enter a valid number

Are IC Markets rebates a scam; do my spreads increase?

IC Markets rebates paid by legitimate rebate providers are not a scam, however scams do exist. The most common scam is a rebate provider that marks up the spread or commission in order to pay a higher rebate than competitors. Many brokers do allow a referring party, or rebate provider, to markup costs to traders they refer. Obviously this defeats the purpose of the service provided by the rebate provider and thus jeopardizes the viability of the rebate provider’s reputation and business, so a reliable provider wouldn’t consider this. Besides this, certain rebate providers may not pay on time, or not at all. This is why it’s important to choose a reliable provider.

When working with a trustworthy rebate provider, there is no ‘catch’. It is more beneficial to a trader’s financial position to work with a rebate provider than solely with the forex broker.

Are there any other benefits to signing up for IC Markets rebates?

It depends on the rebate provider. Due to our unique relationship with many brokers, we have often mediated between brokers and clients in order to help successfully resolve client issues, including clients who are having withdrawal issues. Brokers are often very fast to respond to us, since we typically have many clients with them. Our knowledgeable support team is available 24 hours per day in 8 native languages & 23 total languages for any questions. We also offer trading tools, calculators, reviews and a robust forex education section.

How are forex rebates paid?

Because we deal with so many traders in so many different countries and serve 23 languages we have to cover a wide array of options. Here’s what we offer:

Forex rebate options vary per broker:

Monthly cash back Payments are credited and sent automatically by the 12 of the month following the month rebates are earned in.
Spread or commission reduction The trader actually receives reduced commissions and/or spreads. This is an exciting option offered by some of our top brokers.
Paid direct to brokerage account Cashback is credited directly to the trader’s brokerage account, typically between 1-7 days after the trade is closed. This is another exciting options offered by some of our top brokers.

In the case of the ‘Monthly cash back’ rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, and Neteller. Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates less often than monthly.

IC Markets Regulation / Money Protection

5.0
Company Licenses & Regulations Segregated Client Money Deposit Compensation Scheme Negative Balance Protection Rebates Max. Leverage Retail Clients
International Capital Markets Pty Ltd 30 : 1
IC Markets (EU) Ltd up to €20,000 30 : 1
Raw Trading Ltd 500 : 1

IC Markets Promotions

IC Markets Symbols

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