Feedback / Help improve this page

Demo Account

IC Markets Review

Read our concise, full review on the pros and cons of IC Markets

5.0

Overall rating

4.8

(792 reviews

)

User Rating

Visit IC Markets

Setup Cashback

Submit Review

Rebates

Review

User Reviews (792)

Forum Posts (0)

Edited by David Johnson

Fact checked by Angelo Martins

Human moderated by Angelo Martins

Last updated March 2025

Advertising disclosure ⇾

User reviews
Regulation / Money Protection
Overall rating
Profile
Account types
Web traffic
Promotions

IC Markets User reviews

4.8

(792

)

Ranked 1 out of 1736 (Forex Brokers)

This rating is based on 722 reviews by users that proved they are real customers of this company. All reviews undergo significant human and technical moderation. Companies that get 30+ reviews by verified reviewers are scored only on their ratings by verified reviewers and get a green checkmark by their rating.

IC Markets Regulation / Money Protection

5.0

Company	Licenses & Regulations	Deposit Compensation Scheme	Max. Leverage Retail Clients
International Capital Markets Pty Ltd	Australia - AU ASIC		30 : 1
IC Markets (EU) Ltd	Cyprus - CY CYSEC	up to €20,000	30 : 1
Raw Trading Ltd	Seychelles - SC FSA		1000 : 1

IC Markets Overall rating

5.0

Ranked 1 out of 1736 (Forex Brokers)

Overall rating is derived from an aggregate of ratings in multiple categories.

	Rating	Weight
User Rating	4.8 (792 reviews)	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, Belarus, 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 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 leverage	1000:1
Mobile Platform	MT4 Mobile, MT5 Mobile		cTrader Mobile, TradingView Mobile
Trading platform	MT4, MT5, WebTrader		cTrader, WebTrader, TradingView
Spread Type	Variable Spread
Minimum Deposit	200
Minimum Trade Size	0.01
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 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	2,393,155 (99%)
Organic traffic rank	14 out of 1736 (Forex Brokers)
Paid monthly visits	31,961 (1%)
Total monthly visits	2,425,116
Bounce rate	37%
Pages per visit	4.21
Average visit duration	00:04:20.3310000

IC Markets Promotions

IC Markets User Rating

4.8

(792)

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.}

Cashback rebates
Notes
What are rebates?
How do rebates work?
How much rebates can I earn?
Are rebates a scam; do my spreads increase?
Are there any other benefits to signing up for rebates?
How are forex rebates paid?

IC Markets Cashback rebates

Setup Cashback

We will beat any competitor offer!*

Cash back rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.

	Standard	Raw Spread	cTrader
Forex	FX Majors: 0.20 Pips FX Others: 0.30 Pips	21.50% Of Commissions Paid	$0.60 Per 100K USD Traded
Metals	0.30 Pips	21.50% Of Commissions Paid	$0.60 Per 100K USD Traded
Indices	Up to $1.25 Per Lot	Up to $1.075 Per Lot	$0.60 Per 100K USD Traded
Cryptocurrencies	Up to $0.5 Per Lot	Up 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, 1.935 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

Residents of Australia, Brazil, the EEA, and the UK, please open your account with IC Trading.

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:

Instrument

Deposit currency

Rebate per lot

Lots traded

You must enter a valid number

EUR/USD 1 Pip Size

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.

Add a post