IC Markets Review

Since 2007, IC Markets has grown to become a significant global broker. This 2026 review is designed to give you a clear and simple understanding of their services, focusing on their pricing, the regulations they follow, and what other traders have to say about their experience.

Live Spreads: Raw Account Offers Lower trading Costs

A fundamental cost of trading is the spread, the small gap between the buy and sell prices of an asset. IC Markets offers different accounts that handle this cost in two main ways. The Standard account has no commissions, as the broker's fee is included within the spread itself. The Raw Spread account, popular with active traders, provides very narrow spreads but adds a fixed commission charge per trade.

Our live data, as seen in the table above, often highlights the competitive nature of IC Markets' pricing, with their Raw Spread account frequently noted for its low costs on major currency pairs and gold. To create your own comparison of IC Markets against other brokers or for different assets, you can use the orange 'Edit' button.

IC Markets Overall rating

	Rating	Weight
User Rating	4.8 (892 reviews)	3
Popularity	5.0	3
Regulation	5.0	2
Pricing rating	5.0	1
Features	5.0	1
Customer Support	5.0	1

The overall ratings for IC Markets on Cashbackforex.com are very strong, reflecting positive user feedback and a top-tier score for their regulatory standing. Established in 2007, IC Markets has built a solid reputation in the industry. Their high scores for pricing and platform availability align well with user comments regarding their low costs and excellent trading tools. They operate as a privately held company.

Regulation: A Multi-Jurisdictional Framework

Company	Licenses & Regulations	Segregated Client Money	Deposit Compensation Scheme	Negative Balance Protection	Rebates	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 operates with a strong regulatory foundation, holding authorisations from several respected authorities around the world. These include leading regulators such as the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), as well as the FSA in Seychelles.

This approach means that the rules and protections you receive depend on the specific entity your account is with. For instance, retail clients under ASIC or CySEC regulation operate with leverage limits of 1:30 on major forex pairs and may be eligible for compensation schemes like the ICF in Cyprus (up to €20,000). Clients under the FSA in Seychelles may be offered much higher leverage but will not have access to equivalent government-backed compensation schemes.

Available Assets: +2,500 Instruments, Including Shares and Cryptos

IC Markets provides its clients with access to a very extensive range of financial markets. Their offering includes a broad selection of foreign exchange pairs, CFDs on global stock indices, energy products like oil, precious metals such as gold and silver, bonds, a variety of digital currencies, and a large portfolio of over 2,000 international company shares.

The live symbol search tool provided above allows you to explore their full product list. It's important to know that these instruments are mainly traded as CFDs (Contracts for Difference). This enables you to trade on price fluctuations using leverage, a facility that also inherently increases the level of risk involved.

Live Swap Rates: Competitive Costs for Holding Trades Overnight

When you hold trading positions open overnight, swap rates, also known as rollover fees, are applied. These are daily financing adjustments that can be either a credit or a debit to your trading account, depending on the instrument and market conditions. The swap rates offered by IC Markets are generally considered to be competitive.

In line with standard industry practice, they apply a triple swap charge on Wednesdays to account for the financing of positions over the weekend. The data shown in the table above is sourced from live accounts using our swap rate analysis tool. To compare IC Markets' swap charges with other brokers or for different symbols, you can click the orange 'Edit' button.

Trading Platforms: Extensive Choice with TradingView, MT4, MT5 & cTrader

A key strength of IC Markets is its outstanding selection of trading platforms. Clients can choose from the MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the intuitive cTrader platform, and also connect their account to the powerful charting tools of TradingView. This extensive selection ensures that nearly every type of trader can find a platform that suits their needs.

Deposits/Withdrawals: Supporting Multiple Currencies with No Fees

IC Markets provides a broad range of methods for funding your account and making withdrawals. These options include traditional bank transfers, major credit and debit cards, e-wallets such as PayPal, Skrill and Neteller, and a variety of local payment solutions.

IC Markets generally does not apply its own fees for deposits or withdrawals. It is important to be aware, however, that third-party payment providers or intermediary banks (*) may apply their own service charges. For the most current and accurate information on available methods and any potential fees, you should always check the official IC Markets website.

Leverage: Up to 1:1000 via Offshore Licensing

The maximum trading leverage that IC Markets offers is heavily dependent on the specific regulatory authority that oversees your account. Clients who are registered under more stringent regulators like ASIC (Australia) or CySEC (Cyprus) will usually find their leverage is capped at 1:30 for major foreign exchange pairs, in accordance with retail client protection regulations.

Accounts that are regulated by the FSA in Seychelles can often provide access to much higher leverage, potentially as high as 1:500. While using higher leverage can increase your potential returns from a smaller initial capital, it also equally magnifies the risk of losses, which requires a robust approach to risk management.

IC Markets Profile

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

The IC Markets profile on Cashbackforex.com provides a detailed overview of the broker. It outlines the available base currencies for your account, lists the various methods for deposits and withdrawals, and indicates the languages they support. You can also find important information regarding the safety of client funds and a list of countries from which they do not accept clients.

IC Markets Promotions

Free VPS Service

IC Markets' promotional activities are typically focused on providing valuable tools to traders rather than offering large welcome bonuses. Their primary ongoing offer is often a Free VPS (Virtual Private Server) hosting service for eligible clients who meet specific trading volume requirements. This is especially beneficial for traders who use automated strategies around the clock. For the latest details on the VPS offer and any other special promotions, it is always best to visit the official IC Markets website directly.