IC Markets Review 2026
We evaluate brokers using more than 150 criteria covering regulation, trading costs, account types, platforms, withdrawals, and customer support.
Rating Breakdown
This score reflects regulation, trading costs, platform quality, deposits, withdrawals, and support.
This score reflects the broker’s overall balance between regulation, trading costs, platform quality, deposit and withdrawal experience, and customer support.
Main Advantages
5Low spreads on major forex pairs
Fast execution with ECN-style pricing
Support for MetaTrader 4, MetaTrader 5, and cTrader
Strong liquidity from top-tier providers
Suitable environment for scalping and automated trading
Main Disadvantages
3Higher minimum deposit compared to some brokers
Limited educational resources for beginners
Advanced trading setup may not suit new traders
Main Advantages
The main strengths that may make IC Markets suitable for certain traders.
Low spreads on major forex pairs
Fast execution with ECN-style pricing
Support for MetaTrader 4, MetaTrader 5, and cTrader
Strong liquidity from top-tier providers
Suitable environment for scalping and automated trading
Main Disadvantages
The main points to consider before opening an account with IC Markets.
Higher minimum deposit compared to some brokers
Limited educational resources for beginners
Advanced trading setup may not suit new traders
Account Types
A practical overview of the account types available at IC Markets, including the key details of each account.
IC Markets offers several account types for different trader profiles, from beginner-friendly accounts to lower-spread or commission-based options.
StandardBeginners⌄
Raw Pro+High-volume traders⌄
Raw ProActive traders⌄
Raw SpreadScalpers⌄
Raw Spread (cTrader)Advanced traders⌄
Choose the account that fits your strategy and open a real account in minutes.
Open Real AccountReview the differences in spreads, commissions, minimum deposits, execution type, and target trader profile across the available account options.
IC Markets offers a range of account types with different features and trading conditions. Availability and account terms may vary depending on the client's jurisdiction and account type.
| Account Type | Spread | Commission | Min Deposit | Execution Type |
|---|---|---|---|---|
| Standard | 0.8 - 1.0 | $0 | $200 | Market Execution |
| Raw Pro+ | 0.0 - 0.1 | $1 per lot | $200 | Market Execution |
| Raw Pro | 0.0 - 0.1 | $1.5 per lot | $200 | Market Execution |
| Raw Spread | 0.0 - 0.3 | $7 per lot | $200 | Market Execution |
| Raw Spread (cTrader) | 0.0 - 0.3 | $3 per lot | $200 | Market Execution |
Choose the account that fits your strategy and open a real trading account in just minutes.
Fees & Trading Costs
A clear overview of IC Markets’s spreads, commissions, and other potential trading costs.
IC Markets offers three pricing structures. Standard uses commission-free spreads around 0.8–1.2 pips, while MetaTrader Raw Spread tightens pricing to 0.0–0.2 pips with a $7-per-lot commission. cTrader Raw offers a similar spread range with a $6 commission in our comparison. Accounts start from $200, with Raw pricing particularly suited to scalping, algorithmic and active trading. Swaps and final costs vary by instrument and holding period.
Deposits & Withdrawals
IC Markets offers a stable funding experience with support for cards, bank transfers, and e-wallets. Withdrawals are processed within 24 hours, with overall timing depending on the selected payment method.
IC Markets offers a stable funding experience with support for cards, bank transfers, and e-wallets. Withdrawals are processed within 24 hours, with overall timing depending on the selected payment method.
Platform Details
A closer look at the platforms offered by IC Markets and the overall trading experience.
IC Markets offers a performance-focused trading environment with support for MetaTrader and cTrader, designed for traders who prioritize fast execution, low spreads, and advanced trading tools.
IC Markets offers a performance-focused trading environment with support for MetaTrader and cTrader, designed for traders who prioritize fast execution, low spreads, and advanced trading tools.
IC Markets Licenses & Regulation
A detailed look at the regulators supervising IC Markets, including license numbers and official registry links.
Regulation and Trader Protection
IC Markets operates through regulated entities that include International Capital Markets Pty Ltd, authorised by ASIC under licence number 335692, and IC Markets (EU) Ltd, regulated by CySEC under licence number 362/18. International services are also provided through Raw Trading Ltd, regulated by the Seychelles FSA under licence number SD018, and IC Markets Global Ltd, regulated in the Bahamas.
License numbers, legal entities, and official verification links for IC Markets where available.
Show more licensesShow less
Client fund protectionRegulated IC Markets entities hold eligible client funds in segregated accounts, separate from the capital used for the company’s operations, under the requirements of the relevant regulator. The broker also states that negative balance protection may apply to certain clients and entities under the conditions of the applicable account agreement.||Client-fund protection is not identical across the IC Markets group and may differ between the ASIC-regulated Australian entity, the CySEC-regulated European entity and international entities in Seychelles or the Bahamas. Traders should identify the legal company that will hold their funds before choosing a Raw Spread account or making a deposit.Show moreShow less
What do these licenses mean?
The Australian regulator responsible for supervising financial services and investment firms.
The Cyprus Securities and Exchange Commission regulating investment firms.
An offshore financial regulator supervising licensed financial companies.
An offshore regulator in The Bahamas supervising securities and investment services firms.
Why does regulation matter?
Final Verdict
Overall, IC Markets is a strong choice for active traders seeking low spreads and fast execution, but it may be less suitable for beginners due to its higher minimum deposit.
Frequently Asked Questions
What are the typical spreads on IC Markets accounts like Standard and Raw?▾
How much commission does IC Markets charge on Raw accounts?▾
What is the minimum deposit required to open an IC Markets account?▾
What is the maximum leverage offered by IC Markets and is it risky?▾
How many account types does IC Markets offer and which one is best?▾
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Is IC Markets suitable for scalping and high-frequency trading?▾
Does IC Markets use ECN or market maker execution?▾
How stable are IC Markets spreads during high volatility or news?▾
What trading platforms does IC Markets support?▾
What is the main drawback of trading with IC Markets?▾
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The information provided on this page is for educational and informational purposes only and does not constitute financial or investment advice. Broker Alarab does not provide trading services or hold client funds. Forex, CFDs, and other leveraged products involve a high level of risk and may not be suitable for all investors. You may lose some or all of your invested capital. Trading conditions, leverage, and investor protections may vary depending on the broker, regulatory entity, and client jurisdiction.