IC Markets Review 2026: Pros & Cons
IC Markets Review 2026: Pros & Cons
Overall Rating
Min. Deposit
Spreads From
Max. Leverage
IC Markets Overview
IC Markets is widely recognized as a leading global forex and CFD broker, established in 2007 and headquartered in Australia. With multiple regulatory licenses and a strong focus on client fund security, the broker has built a reputation for reliability and transparency in a highly competitive industry.
One of IC Markets’ standout strengths is its extensive market offering, providing access to over 2,200 tradable instruments across forex, indices, commodities, shares, and more. Traders benefit from ultra-tight spreads, competitive pricing, and a no-hidden-fees structure, making it particularly attractive for cost-conscious and high-frequency traders.
The platform selection is another major advantage, with support for MetaTrader 4, MetaTrader 5, cTrader, and TradingView. Combined with fast execution speeds and deep liquidity, this makes IC Markets especially well-suited for scalpers, day traders, and algorithmic trading strategies. The broker also supports a range of copy trading solutions and third-party plugins, adding flexibility for traders who want to automate or diversify their approach.
In terms of education and research, IC Markets has made noticeable improvements, offering a growing library of market analysis and learning resources that cater to both beginners and experienced traders.
That said, there are a few limitations to consider. Swap fees can be relatively high depending on the instrument, and the Standard account does not provide access to cTrader or TradingView, which may be a drawback for traders who prefer those platforms.
Overall, IC Markets delivers a well-rounded trading environment with strong execution, competitive pricing, and versatile platform options. It remains a solid choice for a wide range of traders, from beginners looking for reliability to advanced traders seeking performance and scalability.
IC Markets Pros and Cons
IC Markets Pros:
- Strong Regulation & Client Protection
- Ultra-Low Spreads & Competitive Pricing
- Wide Range of Trading Platforms
- Extensive Market Access
- Free VPS Hosting
- Advanced Trading Tools
- Flexible Account Types
- Fast & User-Friendly Account Setup
- Zero Deposit & Withdrawal Fees
- Educational Resources
IC Markets Cons:
- High Swap Fees
- No Proprietary Trading App
- Limited Share Trading Options
- Customer Support Delays
- Limited Security Features
- Platform Availability Restrictions
Beginner - Ideal Fit
IC Markets is highly accessible for casual traders, offering competitive spreads that consistently outperform industry averages on major instruments. With a minimum deposit of $200, it remains affordable for newer traders, while its educational resources and intuitive platforms make it easy to get started and build confidence.
News Trading - Ideal Fit
For news traders, IC Markets delivers strong support through in-depth market analysis and tools like Trading Central and Autochartist. These resources provide insights into upcoming economic events and potential market movements, helping traders react quickly to volatility.
Scalping - Ideal Fit
IC Markets is particularly attractive for scalpers, offering ultra-tight spreads, fast execution, and platforms like cTrader that support one-click trading, Depth of Market (DoM), and advanced order types. These features create an efficient environment for high-frequency strategies that rely on precision and speed.
Investing - Poor Option
IC Markets is not designed for traditional investing or portfolio building, as it does not offer direct access to real stocks. Traders focused on long-term value investing may find better options with brokers that specialize in equity ownership.
Automated Trading - Ideal Fit
Algorithmic traders will find a robust environment with IC Markets. The broker supports both MetaTrader Expert Advisors (EAs) and cTrader automation, allowing users to build or deploy custom trading algorithms. Free VPS hosting further enhances performance by ensuring low-latency execution and uninterrupted connectivity.
Swing Trading - Suitable Option
While IC Markets provides solid analytical tools and market insights, higher-than-average swap fees can make it less ideal for holding positions overnight. Additionally, the limited selection of lower-risk instruments such as bonds and ETFs may restrict longer-term strategy diversification.
Day Trading - Ideal fit
IC Markets is well-suited for day traders thanks to its fast execution speeds, tight spreads, and advanced charting platforms like TradingView. Traders also benefit from integrated tools such as Autochartist and Trading Central, which provide real-time trade ideas and technical analysis to support short-term decision-making.
Who is IC Markets for?
While creating the IC Markets Review 2026, it became clear that the broker offers the features and tools to cater to a wide range of trading strategies. Here’s how it stacks up for different trader styles:
What Sets IC Markets Apart?
IC Markets distinguishes itself as a low-cost forex and CFD broker, offering some of the most competitive pricing in the industry. Traders benefit from ultra-tight spreads, low commissions on raw spread accounts, and zero non-trading fees such as deposit and withdrawal charges. This cost-efficient structure makes it especially appealing for active traders who prioritize minimizing trading expenses.
Beyond pricing, IC Markets provides access to a diverse range of markets, including forex, indices, commodities, and cryptocurrencies. Its flexible account options and fast onboarding process allow traders to get started quickly, while multiple funding methods ensure smooth account management without additional costs.
The broker’s platform offering – including MetaTrader 4, MetaTrader 5, cTrader, and TradingView – caters to a wide range of trading styles, from manual trading to algorithmic strategies. While MetaTrader remains a familiar choice for many traders, those seeking more advanced charting and execution tools can take advantage of alternative platforms.
However, IC Markets is primarily geared toward active traders rather than long-term investors. The absence of direct access to real stocks, ETFs, or funds limits its suitability for traditional portfolio building. Instead, it excels as a performance-driven trading environment focused on speed, pricing, and execution efficiency.
What Sets IC Markets Apart?
IC Markets Main Features
Regulations
CySEC (Cyprus), ASIC (Australia), FSA (Seychelles), CMA (Kenya), SCB (Bahamas)
Languages
English, Portuguese, Thai, Arabic, Spanish, Vietnamese
Products
Currencies, Stocks, Crypto, Bonds, Indices, Commodities
Min Deposit
$200
Max Leverage
1:30 (CySEC), 1:30 (ASIC), 1:1000 (FSA), 1:400 (CMA), 1:200 (SCB)
Trading Desk Type
ECN
Trading Platforms
MT5, cTrader, MT4, TradingView, Zulutrade
Deposit Options
Poli, PayPal, Wire Transfer, Skrill, Neteller, Credit Card, Union Pay, Klarna, Rapid Transfer, Bpay, Broker to Broker, Debit Card, Local Banks
Withdrawal Options
Wire Transfer, Neteller, Skrill, Credit Card, PayPal, Klarna, Rapid Transfer, Union Pay, Bpay, Broker to Broker, Poli, Local Banks, Debit Card
Demo Account
Yes
Foundation Year
2007
Headquarters
Australia
Regulations
CySEC (Cyprus), ASIC (Australia), FSA (Seychelles), CMA (Kenya), SCB (Bahamas)
Languages
English, Portuguese, Thai, Arabic, Spanish, Vietnamese
Products
Currencies, Stocks, Crypto, Bonds, Indices, Commodities
Min Deposit
$200
Max Leverage
1:30 (CySEC), 1:30 (ASIC), 1:1000 (FSA), 1:400 (CMA), 1:200 (SCB)
Trading Desk Type
ECN
Trading Platforms
MT5, cTrader, MT4, TradingView, Zulutrade
Deposit Options
Poli, PayPal, Wire Transfer, Skrill, Neteller, Credit Card, Union Pay, Klarna, Rapid Transfer, Bpay, Broker to Broker, Debit Card, Local Banks
Withdrawal Options
Wire Transfer, Neteller, Skrill, Credit Card, PayPal, Klarna, Rapid Transfer, Union Pay, Bpay, Broker to Broker, Poli, Local Banks, Debit Card
Demo Account
Yes
Foundation Year
2007
Headquarters
Australia
Start Trading With IC Markets
| Account Type | Standard Account | Raw Account | cTrader Raw Account |
|---|---|---|---|
| Swap Free Account | Yes | Yes | Yes |
| Suitable For | Casual Traders | EAs and Scalpers | Day Traders and Scalpers |
| Platforms | MetaTrader 4&5 | MetaTrader 4&5, cTrader, TradingView | MetaTrader 4&5, cTrader, TradingView |
| Commission* | $0 | $7 | $6 |
| Demo Account | Yes | Yes | Yes |
| Spread From | 0.8 pips | 0.0 pips | 0.0 pips |
| Standard Contract Size | 100,000 units | 100,000 units | 100,000 units |
| Minimum Deposit | $200 | $200 | $200 |
| Minimum Trade Volume | 0.01 lot | 0.01 lot | 100,000 units |
| Stop Out | 50% | 50% | 50% |
| Base Currencies | EUR, USD, GBP, AUD, CHF, NZD, JPY, SGD, CAD, HKD | EUR, USD, GBP, AUD, CHF, NZD, JPY, SGD, CAD, HKD | EUR, USD, GBP, AUD, CHF, NZD, JPY, SGD, CAD, HKD |
| Margin Call | 100% | 100% | 100% |
IC Markets Review
Introduction to IC Markets Safety Measures
IC Markets is a fully regulated brokerage operating under multiple financial authorities worldwide, reflecting its commitment to maintaining high standards of trader protection. Client funds are held in segregated accounts, and most entities offer negative balance protection, ensuring traders cannot lose more than their deposited capital.
To further safeguard its clients, IC Markets provides indemnity insurance coverage of up to $1,000,000, demonstrating a strong dedication to financial security and trustworthiness. The broker maintains transparency in its operations, giving traders confidence in the reliability and integrity of its services.
While IC Markets is not listed on any public stock exchange and does not publish its financial statements, its regulatory adherence and extensive safety measures make it a reputable choice for both new and experienced traders seeking a secure trading environment.
Pros:
- Long track record
- Negative balance protection
Cons:
- Financial information is not publicly available
- Not listed on stock exchange
IC Markets Regulation and Licensing
IC Markets maintains a robust global regulatory framework, ensuring client protection across its multiple entities. To evaluate broker safety, we classify regulators into three tiers, with Tier 1 representing the highest level of trust and security.
Here’s a breakdown of the licenses held by IC Markets entities:
IC Markets (EU) Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 362/18. CySEC is considered a Tier-1 regulator, offering strong investor protection and oversight.
International Capital Markets Pty Ltd operates under the Australian Securities and Investments Commission (ASIC) with license number 335692. ASIC is also a Tier-1 regulator, ensuring stringent compliance and client fund safety.
Raw Trading Ltd is licensed by the Financial Services Authority (FSA) of Seychelles under license number SD018. The FSA is classified as a Tier-3 regulator.
IC Markets (KE) Limited is regulated by the Capital Markets Authority (CMA) of Kenya, license number 199, and falls into Tier-3 for regulatory strength.
IC Markets Ltd is authorized by the Securities Commission of the Bahamas (SCB) under license number SIA-F214, also rated as a Tier-3 regulator.
This diversified regulatory coverage demonstrates IC Markets’ commitment to maintaining high standards of safety and transparency for traders worldwide. Whether through Tier-1 oversight in Europe and Australia or additional Tier-3 entities, clients can trade with confidence knowing their funds and trading activities are monitored under credible regulatory frameworks.
| Entity Features | International Capital Markets Pty Ltd | Raw Trading Ltd | IC Markets (EU) Ltd | IC Markets Ltd | IC Markets (KE) Limited |
|---|---|---|---|---|---|
| Country/Region | Australia/Sydney | Seychelles/Mahe | CySEC/Limassol | The Bahamas | Kenya |
| Regulation | ASIC | FSA | CySEC | SCB | CMA |
| Tier | 1 | 3 | 1 | 3 | 3 |
| Segregated Funds | Yes | Yes | Yes | Yes | Yes |
| Negative Balance Protection | Yes | No | Yes | Yes | No |
| Compensation Scheme | No | Up to $1,000,000 under indemnity insurance | Up to EUR 20,000 under ICF | No | No |
| Maximum Leverage | 1:30 | 1:500 | 1:30 | 1:200 | 1:400 |
Understanding Regulatory Protections for IC Markets Traders
When selecting a broker, understanding the safety measures in place is critical, as regulatory standards and protections differ across jurisdictions. IC Markets prioritizes client security through a combination of structural safeguards and financial guarantees.
Key measures IC Markets employs to protect traders include:
Segregated Client Accounts: All client funds are held in separate accounts from the company’s operational funds, ensuring that your capital is protected in the unlikely event of financial difficulties.
Insurance Coverage: IC Markets provides indemnity insurance of up to $1,000,000, adding an extra layer of financial protection for traders.
Negative Balance Protection: Most IC Markets entities guarantee that accounts cannot fall below zero, safeguarding traders from losses exceeding their deposits. (Note: Raw Trading Ltd does not provide this feature.)
These safety protocols demonstrate IC Markets’ commitment to secure, transparent trading conditions, allowing clients to focus on trading strategies with confidence and peace of mind.
How IC Markets Protects Your Funds
IC Markets operates multiple legal entities worldwide, and the specific entity you register with depends on your country of residence. This distinction is crucial, as investor protection levels, regulatory oversight, and available safeguards vary between entities.
By selecting the appropriate IC Markets entity for your jurisdiction, you ensure access to the correct regulatory protections, financial guarantees, and compliance standards – helping you trade with confidence and peace of mind.
| Country of clients | Protection amount | Regulator | Legal entity |
|---|---|---|---|
| CySEC/Limassol | Up to EUR 20,000 under ICF | CySEC | IC Markets (EU) Ltd |
| Australia/Sydney | $0 | ASIC | International Capital Markets Pty Ltd |
| Seychelles/Mahe | Up to $1,000,000 under indemnity insurance | FSA | Raw Trading Ltd |
| Kenya | $0 | CMA | IC Markets (KE) Limited |
| The Bahamas | $0 | SCB | IC Markets Ltd |
Stability and Transparency of IC Markets
When evaluating a broker’s trustworthiness, factors such as operational stability, company size, and transparency are essential. IC Markets has been a respected player in the trading industry for 18 years, establishing a solid reputation as a dependable brokerage. With a global workforce exceeding 930 professionals, the company demonstrates operational stability and long-term commitment to its clients.
IC Markets makes legal and regulatory documents, including its Client Agreement, easily accessible and clearly written, reflecting high transparency standards. While the broker excels in trust and reliability, one minor limitation is the absence of live spread data on its website.
Overall, IC Markets’ longevity, professional infrastructure, and open communication provide traders with confidence in the safety and stability of their trading environment.
Is IC Markets Safe to Trade With?
Yes. IC Markets is widely regarded as a highly secure broker, offering traders multiple layers of protection and transparency. The brokerage is regulated by several top-tier authorities, including the Australian Securities & Investment Commission (ASIC) and EU regulators via the MiFID passporting framework, which ensures compliance with strict financial standards.
Client funds are kept in segregated accounts, further safeguarding assets from operational risks. IC Markets also provides indemnity insurance, adding an extra level of financial protection for traders. Legal and regulatory documents are openly accessible and clearly written, reinforcing the broker’s commitment to transparency.
Although IC Markets is not publicly listed and does not operate a banking entity, its strong regulatory oversight, clear operational practices, and structured protections make it a trustworthy choice for both beginner and experienced traders seeking a safe trading environment.
| Year Founded info | 2007 |
|---|---|
| Publicly Traded (Listed) info | No |
| Bank info | No |
| Tier-1 Licenses info | 2 |
| Tier-2 Licenses info | 0 |
| Tier-3 Licenses info | 3 |
Introduction to IC Markets Fees
IC Markets stands out for its exceptionally low trading costs, offering some of the tightest spreads in the forex and CFD industry. Across major currency pairs, the broker provides highly competitive spreads with zero commissions and no hidden non-trading fees. This makes IC Markets a strong choice for cost-conscious traders seeking efficiency without surprises.
Account Options and Spreads
Traders can choose from three account types to suit different strategies: the Standard account, which is commission-free and spread-only; and the Raw Spread and cTrader Raw Spread accounts, both commission-based. The cTrader Raw Spread account charges $3.00 per side per 100,000 units ($6 per round turn), slightly lower than the MetaTrader Raw Spread accounts, which charge $3.50 per side ($7 per round turn).
Effective spreads on the popular EUR/USD pair are extremely tight: the cTrader Raw Spread account averages 0.62 pips all-in, while the MetaTrader Raw Spread account averages 0.72 pips. The Standard account offers a commission-free spread of 0.62 pips, providing a solid option for casual traders. Active traders can also benefit from volume-based discounts when trading over 100 standard lots per month.
Execution and Trading Conditions
IC Markets executes orders on an agency basis with no requotes, allowing for potential positive or negative slippage. While the broker acts as a dealer and counterparty to trades, it routes orders to nearly two dozen liquidity providers, ensuring access to deep liquidity. Traders should note that not all trades are fully hedged, meaning IC Markets does manage some counterparty risk.
Additional Costs and Considerations
There are no inactivity, deposit, or withdrawal fees, enhancing overall cost efficiency. However, swap rates for overnight positions can be relatively high, and financing rates for CFDs are above average, which may impact long-term or leveraged positions.
Conclusion
With its transparent fee structure, ultra-low spreads, and flexible account options, IC Markets provides one of the most cost-effective trading environments in the market. Whether you are a casual trader, high-volume scalper, or algorithmic trader, its pricing structure is designed to maximize efficiency and minimize trading costs while maintaining access to professional-grade platforms.
Pros:
- Low forex CFD fees
- Low trading fees
- Low non-trading fees
Cons:
- High financing rate for CFDs
IC Markets Spreads
Forex Spreads
| Raw Spread Account | Standard Account | ||
|---|---|---|---|
| Symbol | Product | Avg. Spread | Avg. Spread |
| AUDUSD | Australian Dollar vs United States Dollar | 0.03 | 0.83 |
| EURUSD | Euro vs United States Dollar | 0.02 | 0.82 |
| GBPUSD | British Pound vs United States Dollar | 0.23 | 1.03 |
| USDCAD | United States Dollar vs Canadian Dollar | 0.25 | 1.05 |
| USDCHF | United States Dollar vs Swiss Franc | 0.19 | 0.99 |
| USDJPY | United States Dollar vs Japanese Yen | 0.14 | 0.94 |
| AUDCAD | Australian Dollar vs Canadian Dollar | 0.68 | 1.68 |
| AUDCHF | Australian Dollar vs Swiss Franc | 0.41 | 1.41 |
| AUDJPY | Australian Dollar vs Japanese Yen | 0.5 | 1.5 |
| AUDNZD | Australian Dollar vs New Zealand Dollar | 0.77 | 1.77 |
| CADCHF | Canadian Dollar vs Swiss Franc | 0.58 | 1.58 |
| CADJPY | Canadian Dollar vs Japanese Yen | 0.48 | 1.48 |
| CHFJPY | Swiss Franc vs Japanese Yen | 0.86 | 1.86 |
| EURAUD | Euro vs Australian Dollar | 0.8 | 1.8 |
| EURCAD | Euro vs Canadian Dollar | 0.74 | 1.74 |
| EURCHF | Euro vs Swiss Franc | 0.61 | 1.61 |
| EURGBP | Euro vs British Pound | 0.27 | 1.27 |
| EURJPY | Euro vs Japanese Yen | 0.3 | 1.3 |
| EURNZD | Euro vs New Zealand Dollar | 1.32 | 2.32 |
| GBPAUD | British Pound vs Australian Dollar | 1.06 | 2.06 |
| GBPCAD | British Pound vs Canadian Dollar | 1.12 | 2.12 |
| GBPCHF | British Pound vs Swiss Franc | 1.1 | 2.1 |
| GBPJPY | British Pound vs Japanese Yen | 0.82 | 1.82 |
| GBPNZD | British Pound vs New Zealand Dollar | 1.98 | 2.98 |
| NZDCAD | New Zealand Dollar vs Canadian Dollar | 1.04 | 2.04 |
| NZDCHF | New Zealand Dollar vs Swiss Franc | 0.73 | 1.73 |
| NZDJPY | New Zealand Dollar vs Japanese Yen | 0.6 | 1.6 |
| NZDUSD | New Zealand Dollar vs United States Dollar | 0.38 | 1.38 |
| AUDSGD | Australian Dollar vs Singapore Dollar | 0.97 | 1.97 |
| CHFSGD | Swiss Franc vs Singapore Dollar | 2.05 | 3.05 |
| EURDKK | Euro vs Danish Kroner | 11.11 | 12.11 |
| EURHKD | Euro vs Hong Kong Dollar | 2.17 | 3.17 |
| EURNOK | Euro vs Norwegian Kroner | 52.89 | 53.89 |
| EURPLN | Euro vs Polish Zloty | 21.2 | 22.2 |
| EURSEK | Euro vs Swedish Krona | 44.07 | 45.07 |
| EURSGD | Euro vs Singapore Dollar | 0.9 | 1.9 |
| EURTRY | Euro vs Turkish Lira | 95.14 | 96.14 |
| EURZAR | Euro vs South African Rand | 94.68 | 95.68 |
| GBPDKK | British Pound vs Danish Kroner | 18.32 | 19.32 |
| GBPNOK | British Pound vs Norwegian Kroner | 38.14 | 39.14 |
| GBPSEK | British Pound vs Swedish Krona | 28.13 | 29.13 |
| GBPSGD | British Pound vs Singapore Dollar | 2.45 | 3.45 |
| GBPTRY | British Pound vs Turkish Lira | 138.98 | 139.98 |
| NOKJPY | Norwegian Kroner vs Japanese Yen | 0.67 | 1.67 |
| NOKSEK | Norwegian Kroner vs Swedish Krona | 7.53 | 8.53 |
| SEKJPY | Swedish Krona vs Japanese Yen | 0.87 | 1.87 |
| SGDJPY | Singapore Dollar vs Japanese Yen | 0.7 | 1.7 |
| USDCNH | United States Dollar vs Chinese RMB | 2.93 | 3.93 |
| USDCZK | United States Dollar vs Czech Koruna | 5.21 | 6.21 |
| USDDKK | United States Dollar vs Danish Kroner | 4.77 | 5.77 |
| USDHKD | United States Dollar vs Hong Kong Dollar | 0.89 | 1.89 |
| USDHUF | United States Dollar vs Hungarian Forint | 9.48 | 10.48 |
| USDMXN | United States Dollar vs Mexican Peso | 28.57 | 29.57 |
| USDNOK | United States Dollar vs Norwegian Kroner | 36.79 | 37.79 |
| USDPLN | United States Dollar vs Polish Zloty | 15.79 | 16.79 |
| USDRUB | United States Dollar vs Russian Ruble | 65.26 | 66.26 |
| USDSEK | United States Dollar vs Swedish Krona | 30.31 | 31.31 |
| USDTHB | United States Dollar vs Thai Baht | 63.21 | 64.21 |
| USDTRY | United States Dollar vs Turkish Lira | 50.61 | 51.61 |
| USDZAR | United States Dollar vs South African Rand | 79.85 | 80.85 |
| USDSGD | United States Dollar vs Singapore Dollar | 0.85 | 1.85 |
Metal Spreads
| Raw Account | Standard Account | ||
|---|---|---|---|
| Symbol | Product | Avg. Spread | Min. Spread |
| XAGEUR | Silver vs Euro | 0.813 | 1 |
| XAGUSD | Silver vs United States Dollar | 0.894 | 1 |
| XAUAUD | Gold vs Aus | 3.679 | 1 |
| XAUEUR | Gold vs Euro | 3.537 | 1 |
| XAUUSD | Gold vs United States Dollar | 1.083 | 1 |
| XPDUSD | Palladium vs United States Dollar | 162.735 | 1 |
| XPTUSD | Platinum vs United States Dollar | 42.3 | 1 |
Indices Spreads
| All Accounts | All Accounts | ||
|---|---|---|---|
| Symbol | Product | Min. Spread | Avg. Spread |
| AUS200 | Australia S&P ASX 200 Index | 0 | 1.22 |
| DE40 | Germany 40 Index | 0.5 | 1.338 |
| F40 | France 40 Index | 0 | 0.749 |
| JP225 | Japan 225 Index | 6 | 8.858 |
| STOXX50 | EU Stocks 50 Index | 0.2 | 1.76 |
| UK100 | UK 100 Index | 1 | 2.133 |
| US30 | US Wall Street 30 Index | 1 | 1.411 |
| US500 | US SPX 500 Index | 0.2 | 0.492 |
| USTEC | US Tech 100 Index | 1 | 1.807 |
| CA60 | Canada 60 Index | 0.6 | 0.6 |
| CHINA50 | FTSE China A50 Index | 3.29 | 6.953 |
| CHINAH | Hong Kong China H-shares Index | 0 | 2.083 |
| ES35 | Spain 35 Index | 4.2 | 4.426 |
| HK50 | Hong Kong 50 Index | 7 | 8.169 |
| IT40 | Italy 40 Index | 9 | 9 |
| MidDE50 | Germany Mid 50 Index | 7.5 | 27.864 |
| NETH25 | Netherlands 25 Index | 0.19 | 0.19 |
| NOR25 | Norway 25 Index | 0.68 | 0.68 |
| SA40 | South Africa 40 Index | 7.5 | 15.444 |
| SE30 | Sweden 30 | 0.38 | 0.38 |
| SWI20 | Switzerland 20 Index | 3 | 3.5 |
| TecDE30 | Germany Tech 30 Index | 2.3 | 3.172 |
| US2000 | US Small Cap 2000 Index | 0.14 | 0.48 |
Commodities Spreads
| All Accounts | All Accounts | ||
|---|---|---|---|
| Symbol | Product | Min. Spread | Avg. Spread |
| GC25 | Gold Futures | 0.2 | 0.23 |
| BRENT | Brent Crude Oil Futures | 0.02 | 0.028 |
| Cocoa | Cocoa Futures | 3 | 4.608 |
| Coffee | Coffee Futures | 0.3 | 0.3 |
| Corn | Corn Futures | 0.68 | 0.68 |
| Cotton | Cotton Futures | 0.15 | 0.15 |
| OJ | Orange Juice Futures | 1.12 | 1.12 |
| Soybean | Soybean Futures | 1.35 | 1.35 |
| Sugar | Sugar Futures | 0.03 | 0.033 |
| Wheat | Wheat Futures | 0.75 | 0.75 |
| WTI | West Texas Intermediate - Crude Oil Futures | 0.02 | 0.027 |
| XBRUSD | Brent Crude Oil Spot vs United States Dollar | 0.03 | 0.034 |
| XNGUSD | Natural Gas Spot vs United States Dollar | 0.002 | 0.004 |
| XTIUSD | WTI Crude Oil Spot vs United States Dollar | 0.03 | 0.034 |
Cryptocurrency Spreads
| All Accounts | All Accounts | ||
|---|---|---|---|
| Symbol | Product | Min. Spread | Avg. Spread |
| BCHUSD | Bitcoin Cash vs United States Dollar CFD | 2.21 | 5.839 |
| BTCUSD | Bitcoin vs United States Dollar CFD | 8.71 | 42.036 |
| DOTUSD | Polkadot vs United States Dollar CFD | 0.011 | 0.013 |
| DSHUSD | Dash Coin vs United States Dollar CFD | 0 | 1.241 |
| EMCUSD | Emercoin vs United States Dollar CFD | 0.157 | 0.157 |
| ETHUSD | Ethereum vs United States Dollar CFD | 4.56 | 11.605 |
| LNKUSD | Chainlink vs United States Dollar CFD | 0.012 | 0.02 |
| LTCUSD | Lite Coin vs United States Dollar CFD | 1.05 | 1.597 |
| NMCUSD | NameCoin vs United States Dollar CFD | 7.895 | 7.895 |
| PPCUSD | PeerCoin vs United States Dollar CFD | 0.184 | 0.276 |
| XLMUSD | Stellar vs United States Dollar CFD | 0 | 0 |
| XRPUSD | Ripple vs United States Dollar CFD | 0.008 | 0.02 |
| ADAUSD | Cardano vs United States Dollar CFD | 0.001 | 0.003 |
| BNBUSD | Binance Smartchain vs United States Dollar CFD | 1.266 | 1.415 |
| DOGUSD | Doge vs United States Dollar CFD | 0.001 | 0.001 |
| UNIUSD | Uniswap vs United States Dollar CFD | 0.061 | 0.064 |
| XTZUSD | Tezos vs United States Dollar CFD | 0.003 | 0.026 |
Bonds Spreads
| All Accounts | All Accounts | ||
|---|---|---|---|
| Symbol | Product | Min. Spread | Avg. Spread |
| EURBOBL | Euro Bobl | 0.01 | 0.01 |
| EURBUND | Euro Bund | 0.01 | 0.011 |
| EURSCHA | Euro Schatz | 0.01 | 0.01 |
| ITBTP10Y | BTP Italian Bonds | 0.02 | 0.02 |
| JGB10Y | Japanese 10 YR | 0.03 | 0.034 |
| UKGB | UK Long Gilt | 0.01 | 0.012 |
| UST05Y | US 5 YR T-Note | 0.014 | 0.014 |
| UST10Y | US 10 YR T-Note | 0.031 | 0.031 |
| UST30Y | US T-Bond (30 year) | 0.03 | 0.031 |
Commission Rates for IC Markets
MetaTrader4 Raw Spread Commission Rates:
| Account Base Currency | Micro Lot Commission (0.01 Lot) | Standard Lot Commission (1 Lot) |
|---|---|---|
| AUD Account (Australian Dollar) | AUD 0.045 (AUD 0.09 round turn) | AUD 4.5 (AUD 9.0 round turn) |
| USD Account US Dollar | USD 0.035 (USD 0.07 round turn) | USD 3.50 (USD 7.0 round turn) |
| EUR Account (Euro) | EUR 0.0325 (EUR 0.07 round turn) | EUR 3.25 (EUR 6.5 round turn) |
| GBP Account (Pound Sterling) | GBP 0.0275 (GBP 0.06 round turn) | GBP 2.75 (GBP 5.5 round turn) |
| SGD Account (Singapore Dollar) | SGD 0.0475 (SGD 0.10 round turn) | SGD 4.75 (SGD 9.5 round turn) |
| JPY Account (Japanese Yen) | JPY 5.5 (JPY 11 round turn) | JPY 550 (JPY 1100 round turn) |
| CHF Account (Swiss Franc) | CHF 0.033 (CHF 0.07 round turn) | CHF 3.30 (CHF 6.60 round turn) |
| NZD Account (New Zealand Dollar) | NZD 6.0 (NZD 0.12 round turn) | NZD 6.0 (NZD 12.0 round turn) |
| CAD Account (Canadian Dollar) | CAD 0.0475 (CAD 0.10 round turn) | CAD 4.75 (CAD 9.5 round turn) |
| HKD Account (Hong Kong Dollar) | HKD 0.27125 (HKD 0.54 round turn) | HKD 27.125 (HKD 54.25 round turn) |
cTrader and TradingView Commission Rates:
| Calculation at $3 USD per 100 000 USD | Commission on 1 lot EURUSD | |
|---|---|---|
| Opening Price | €100,000 x 1.3000 = USD $130,000 x (3 / 100,000) | $3.90 |
| Closing Price | €100,000 x 1.3100 = USD $131,000 x (3 / 100,000) | $3.93 |
| Total Commission on Trade | $7.83 |
IC Markets Swap Fees Explained
wap fees are a key consideration for traders who hold positions overnight, as they reflect the cost or credit associated with changing interest rates. Understanding these fees helps manage trading costs effectively.
What Are Swap Fees?
Swap Long: This is the fee or credit applied when you keep a buy (long) position open overnight.
Swap Short: This is the fee or credit applied when holding a sell (short) position overnight.
Swap values depend on the base currency and are calculated per standard contract of 100,000 units. These charges can vary depending on the currency pair and prevailing interest rate differentials, making it important to review them before executing overnight trades.
IC Markets provides transparent swap rates on all instruments, allowing traders to plan their overnight positions and manage costs efficiently. By understanding swap fees, both casual and professional traders can better optimize their trading strategies while maintaining a clear view of potential overnight costs.
| Instrument | Swap Long | Swap Short |
|---|---|---|
| EURUSD | Charge of $11.57 | Credit of $3.29 |
| GBPJPY | Credit of $12.86 | Charge of $24.25 |
| Gold (XAUUSD) | Charge of $52.16 | Credit of $27.51 |
Non-Trading Fees at IC Markets
IC Markets offers a transparent, low-cost structure for all traders by eliminating common non-trading charges. The broker does not apply any fees for deposits, withdrawals, or account maintenance, allowing traders to move funds freely without hidden costs. Standard third-party processing fees may still apply depending on your chosen payment method, such as credit/debit cards, electronic wallets, or international bank transfers.
Additionally, IC Markets imposes no inactivity fees, ensuring that accounts can remain dormant without penalty. This approach makes the broker ideal for both casual traders and investors who value flexibility, cost efficiency, and full control over their funds. By minimizing non-trading expenses, IC Markets strengthens its reputation as a trusted, low-fee forex and CFD broker.
Are IC Markets Fees Competitive?
Yes. IC Markets offers a highly competitive fee structure that appeals to traders seeking cost-effective forex and CFD trading. The broker provides some of the lowest spreads in the industry, ensuring tight pricing on major currency pairs and popular instruments.
While swap rates for overnight positions may be slightly higher, IC Markets offsets this with its absence of non-trading fees, including no deposit, withdrawal, or inactivity charges. This combination of low spreads and minimal extra costs makes IC Markets an attractive choice for both casual and active traders looking for transparency and affordability in their trading experience.
| Fees Summary | IC Markets |
|---|---|
| Minimum Deposit info | $200 |
| Average Spread EUR/USD - Standard | 0.62 |
| All-in Cost EUR/USD - Active | 0.62 |
| Active Trader or VIP Discounts | Yes |
| ACH or SEPA Transfers | No |
| PayPal (Deposit/Withdraw) | Yes |
| Skrill (Deposit/Withdraw) | Yes |
| Visa/Mastercard (Credit/Debit) | Yes |
| Bank Wire (Deposit/Withdraw) | Yes |
Deposit and Withdrawal Overview
IC Markets offers a wide range of secure and convenient funding and withdrawal options, including bank wire transfers, credit and debit cards, and multiple popular e-wallets. All deposits and withdrawals are processed without any handling fees from the broker’s side, although standard third-party banking or payment provider charges may still apply.
Processing times are generally fast and in line with industry standards, ensuring traders can access their funds promptly. For security and compliance reasons, withdrawals must be made using the same method that was used for the original deposit.
With its flexible payment options, transparent fee policy, and commitment to fast processing, IC Markets provides a smooth and reliable transaction experience – a feature highlighted by TradeWiki.io as a key advantage for traders seeking efficiency and peace of mind.
Pros:
- Credit/Debit card available
- No deposit fee
- Several account base currencies
Cons:
- Some restrictions apply to withdrawals
IC Markets Account Base Currencies
At IC Markets, you can choose from the following base currencies:
| EUR | USD | GBP | AUD |
| SGD | NZD | JPY | CHF |
| HKD | CAD |
Compared to other leading brokers, this selection of account base currencies is fairly standard – but choosing the right one can make a real difference to your trading costs.
When your trading account is funded in the same currency as your bank account, or when you trade instruments priced in your account’s base currency, you avoid unnecessary currency conversion fees. Over time, this can mean significant savings, especially for active traders.
One practical way to minimise conversion costs is to use a multi-currency digital bank account. These modern banking solutions allow you to hold balances in multiple currencies, often with competitive exchange rates and low or no fees for international transfers. Setting up an account is typically quick and easy – you can do it in just a few minutes from your phone.
At TradeWiki.io, we recommend reviewing your funding and withdrawal methods alongside your trading strategy to ensure you’re keeping more of your profits where they belong – in your pocket.
Deposit Methods and Fees
IC Markets provides a cost-efficient and flexible funding experience with zero deposit fees across all account types. Traders can choose from multiple deposit methods, including bank transfers, credit and debit cards, and popular e-wallets.
Deposit options may vary depending on your account’s base currency. For instance, BPay deposits are limited to AUD accounts. Bank transfers typically take several business days to process, whereas credit or debit card payments are instant, ensuring you can start trading without delays.
To maintain account security and comply with regulatory standards, deposits must originate from accounts held in your name. We recommend selecting the funding method that aligns with your currency and trading needs to maximise convenience and efficiency.
IC Markets supports the following electronic wallets:
| PayPal | Skrill | Neteller | Visa Direct |
| SafeCharge | Transact365 | eCommPay | CardPay |
| Bpay | FasaPay | Poli | RapidPay |
| Klarna |
IC Markets deposit methods and fees:
| Deposit Method | Supported Currencies | Fee | Processing Time |
|---|---|---|---|
| PayPal | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, HKD, CHF | $0 | Instant |
| Bank Wire | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, CHF | $0 | 2 business days |
| Klarna | EUR, GBP | $0 | Up to 2 business days |
| Credit/Debit Card | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD | $0 | Instant |
| Rapidpay | EUR, GBP | $0 | Up to 2 business days |
| Bpay | AUD | $0 | 12–48 hours |
| Neteller | USD, AUD, GBP, EUR, CAD, SGD, JPY | $0 | Instant |
| POLI | AUD | $0 | Instant |
| Vietnamese Internet Banking | USD | $0 | Instant |
| Skrill | AUD, USD, JPY, EUR, SGD, GBP | $0 | Instant |
| UnionPay | RMB | $0 | Instant |
| Broker-to-Broker | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, CHF, HKD | $0 | 2–5 business days |
| Thai Internet Banking | USD | $0 | 15–30 minutes |
Withdrawal Methods and Fees
IC Markets offers a seamless and cost-effective withdrawal process for all clients. You can transfer funds from your trading account using credit or debit cards, bank wire transfers, and a variety of electronic wallets – without incurring any fees from the broker. This ensures that your profits reach you in full, with minimal delay and no hidden charges.
The broker’s withdrawal system is designed for convenience and speed, making it simple for traders to access their funds safely. Whether you prefer traditional banking methods or modern e-wallet solutions, IC Markets prioritizes secure and efficient transactions, giving you peace of mind every step of the way.
IC Markets withdrawal methods and fees:
| Withdrawal Method | Currency | Fee | Processing Time |
|---|---|---|---|
| Rapidpay | EUR, GBP | $0 | Up to 2 business days |
| Bpay | AUD | $0 | 12-48 hours |
| Vietnamese Internet Banking | USD | $0 | Up to 24 hours |
| UnionPay | RMB | $0 | Up to 24 hours |
| Credit/Debit Card | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD | $0 | Up to 24 hours |
| POLI | AUD | $0 | Up to 24 hours |
| Bank Wire | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, CHF | $0 | 2-7 business days |
| Klarna | EUR, GBP | $0 | Up to 2 business days |
| Neteller | USD, AUD, GBP, EUR, CAD, SGD, JPY | $0 | Up to 24 hours |
| Skrill | AUD, USD, JPY, EUR, SGD, GBP | $0 | Up to 24 hours |
| Broker-to-Broker | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, CHF, HKD | $0 | 2-5 business days |
| Thai Internet Banking | USD | $0 | Up to 24 hours |
| PayPal | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, HKD, CHF | $0 | Up to 24 hours |
How Long Does IC Markets Take to Process Withdrawals?
Withdrawing funds from IC Markets is designed to be fast and convenient. On average, most withdrawals are processed within 24 hours, ensuring quick access to your funds. Whether using bank transfers, credit or debit cards, or electronic wallets, the broker maintains a streamlined process to minimize delays. This efficiency, combined with no withdrawal fees for standard methods, makes managing your trading capital straightforward and cost-effective.
For traders looking to move funds quickly, IC Markets’ reliable processing times and transparent policies provide peace of mind and enhance the overall trading experience.
Step-by-Step Guide to Withdrawing Money From IC Markets
Withdrawing your funds from IC Markets is quick, secure, and straightforward. Follow these steps to ensure a smooth transaction:
Log in to Your Account – Access your trading dashboard and locate the ‘Transfers’ section.
Choose Withdrawal Option – Click on ‘Withdraw Funds’ from the available drop-down menu.
Enter Bank Details – If you haven’t already linked your bank account, provide the necessary banking information. Only accounts in your name can be used.
Specify Amount – Enter the sum you wish to withdraw, ensuring it falls within your available balance.
Confirm and Submit – Review your details and click ‘Submit’ to finalize the withdrawal request.
IC Markets processes most withdrawals within 24 hours, providing fast access to your funds without additional fees. This streamlined approach ensures both convenience and transparency for all traders, making fund management effortless.
Trading Platforms Overview
IC Markets delivers a versatile suite of trading platforms tailored for every type of trader, whether you prefer day trading, swing trading, algorithmic strategies, or social copy trading. The broker supports industry-leading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView, and ZuluTrade, providing flexible tools to optimize performance.
Platform Features & Tools
MetaTrader 4 & 5: Developed by MetaQuotes Software Corp., these platforms offer advanced charting, algorithmic trading capabilities, and integration with third-party plugins such as Autochartist and Trading Central. IC Markets also provides the Advanced Trading Tools package for desktop users, enhancing analysis and trade execution.
cTrader: Designed by Spotware Systems, cTrader supports both desktop and web versions, offering excellent charting, algorithmic trading via cAlgo, and social copy trading through cTrader Copy.
TradingView: Recently integrated by IC Markets, TradingView caters to both desktop and web users, delivering powerful Supercharts, backtesting capabilities, and algorithmic trading support.
ZuluTrade & Myfxbook AutoTrade: These platforms enable social and copy trading, allowing traders to follow strategies from experienced professionals. IC Markets also launched IC Social, a mobile-focused social trading app, available through select global entities.
Execution & VPS Services
IC Markets is known for robust trade execution with no requotes and competitive spreads. Algorithmic traders benefit from low-latency performance via VPS hosting, which is provided free by third-party providers for clients executing at least 15 standard lots per month.
Why Choose IC Markets
With a combination of flexible platforms, advanced tools, VPS support, and social copy trading options, IC Markets stands out as a top choice for traders seeking reliable execution, diverse strategies, and global trading access. Whether you are a beginner or a professional algorithmic trader, IC Markets provides the infrastructure to support your trading goals efficiently and effectively.
MetaTrader 4
MetaTrader 4 Desktop Intro
The MetaTrader 4 (MT4) desktop platform at IC Markets remains one of the most trusted and widely used trading platforms worldwide. Built for both beginners and advanced traders, it combines an intuitive interface with professional-grade tools to deliver a smooth and efficient trading experience.
Platform Compatibility & Global Accessibility
IC Markets’s MT4 is fully compatible with both Windows and Mac operating systems, ensuring seamless access regardless of your device. The platform supports 52 languages, including English, French, Spanish, German, Arabic, and Chinese, making it highly accessible for traders across international markets.
Key Features of IC Markets MT4
Custom Alerts: Set personalized alerts at specific price levels to help identify key entry or exit opportunities.
Watchlist Management: Build and manage your own watchlists to track your preferred instruments with ease.
One-Click Trading: Execute trades instantly at live market prices – a feature designed for scalpers and fast-paced strategies.
Chart-Based Trading: Place and manage orders directly from interactive charts, with full control over entry price, volume, stop-loss, and take-profit settings.
Expert Advisor (EA) Integration: IC Markets’s MT4 fully supports automated trading. Traders can design, test, and optimize algorithms using the built-in strategy tester to refine performance across different market conditions.
Why IC Markets MT4 Stands Out
While newer platforms may offer slightly more modern visuals, MT4 at IC Markets delivers reliability, speed, and precision that traders depend on. With robust automation, advanced charting, and customizable alerts, it remains a cornerstone platform for traders seeking efficiency and control in their strategies.
Pros:
- Good customizability (for charts, workspace)
- Clear fee report
- Price alerts
Cons:
- Poor design
- Search function could be improved
Mt4 Charts
IC Markets’ MetaTrader 4 (MT4) charting suite is designed to equip traders with powerful analytical tools, supporting everything from quick price analysis to advanced technical strategies. Whether you’re just starting out with technical analysis or running sophisticated trading systems, MT4 provides the flexibility and depth needed to navigate the markets effectively.
Key Charting Features:
- Technical Indicators: Access 38 built-in indicators covering trend analysis, volume-based tools, and oscillators. These tools help traders interpret price action, gauge market sentiment, and identify potential trading opportunities.
- Drawing Tools: With 24 drawing tools, including Fibonacci retracements and Elliott Waves, traders can mark key support and resistance levels, spot breakout zones, and analyze chart patterns with precision.
- Timeframes & Chart Types: MT4 supports 21 different timeframes, allowing for detailed multi-timeframe analysis. Traders can view price action using candlestick, bar, or line charts, offering multiple perspectives on market behavior.
- Usability Considerations: While MT4 offers extensive functionality, it’s important to avoid overcrowding charts with too many indicators. Keeping charts clean and focused helps improve clarity and decision-making.
Why IC Markets MT4 Charting Stands Out
The MT4 platform at IC Markets combines reliability, fast execution, and strong analytical capabilities, making it a popular choice for traders who rely on technical analysis. Whether you’re scalping, day trading, or running automated strategies, its charting environment is built to support consistent performance.
Mt4 Orders
IC Markets’ MetaTrader 4 (MT4) platform is built to deliver fast, reliable, and flexible order execution, making it suitable for traders of all experience levels. Whether you’re scalping, day trading, or running automated strategies, MT4 provides the precision and control needed to execute and manage trades efficiently.
Types of Orders Available
- Market Orders: Execute trades instantly at the best available market price. While the trade size is always fulfilled, the final execution price may vary slightly due to market volatility – a normal occurrence known as slippage.
- Limit Orders: Enable traders to set a specific entry price. Orders are only triggered when the market reaches that level, offering greater control over trade entries, although execution is not guaranteed if the price moves away.
- Stop Orders: A key risk management tool, stop orders activate a market order once a predefined price is hit. Commonly used as stop-loss orders, they help limit downside risk and enforce disciplined trading in fast-moving markets.
Enhanced Execution Tools
Beyond standard order types, IC Markets’ MT4 platform supports one-click trading, allowing for instant execution directly from the chart. This feature is particularly valuable for scalpers and active traders who depend on speed and precision.
Why Traders Choose IC Markets for MT4 Execution
By combining advanced order functionality with low-latency execution and consistent reliability, IC Markets provides a trading environment built for performance. Whether executing trades manually or through Expert Advisors (EAs), MT4 offers the speed, flexibility, and stability needed to perform in all market conditions.
Mt4 WebTrader
IC Markets’ MetaTrader WebTrader platform brings the full power of MetaTrader directly to your browser, removing the need for downloads or installations. Compatible across all major operating systems, it allows traders to access the markets securely and efficiently from any device with an internet connection.
Key Features of WebTrader
- One-Click Trading: Execute trades instantly with a single click, ideal for fast-moving market conditions.
- Trade Directly from Charts: Open, modify, and manage positions directly from interactive charts for faster decision-making.
- Custom Watchlists & Real-Time Quotes: Monitor selected instruments with live price feeds and up-to-date market data.
- Trade History Access: Analyze past trades to refine strategies and improve overall trading performance.
- Advanced Charting Tools: Utilize 30 built-in technical indicators to support detailed technical analysis.
- Copy Trading & Automation: Follow experienced traders or automate strategies to maintain consistency, even when you’re away from your screen.
Why Choose WebTrader with IC Markets?
IC Markets’ WebTrader platform combines accessibility with powerful trading functionality, giving traders the flexibility to manage positions, analyze markets, and execute strategies from anywhere. Whether you’re trading manually or leveraging automated tools, it delivers a reliable and user-friendly browser-based trading experience.
MT4 Mobile App
Pros:
- User-friendly
- Good search function
- Price alerts
Cons:
- No two-step (safer) login
The MetaTrader 4 (MT4) mobile app from IC Markets brings the full power of trading to your pocket, giving you access to global markets directly from your iOS or Android device. Designed for speed, precision, and ease of use, it ensures you never miss an opportunity – whether you’re at home, commuting, or traveling.
Key Features of MT4 Mobile
- Full Trade Management: Open, close, and modify positions instantly with just a few taps.
- Order Flexibility: Execute market, limit, and stop orders, with the ability to adjust trade size and exposure on the go.
- User-Friendly Interface: Navigate smoothly with a clean, intuitive design built for fast decision-making.
- Real-Time Data: Stay ahead with live quotes and price updates that allow you to react quickly to market movements.
- Advanced Charting: Analyze price action using interactive charts and multiple timeframes to refine strategies on the move.
Why Trade with IC Markets’ MT4 Mobile App?
IC Markets’ mobile trading solution combines flexibility with professional-grade performance. With low-latency execution, real-time data feeds, and seamless synchronization across devices, traders can manage positions and act confidently in fast-moving markets.
Look and Feel
IC Markets offers a sleek, highly intuitive MT4 mobile trading platform designed to deliver both style and performance. With a clean layout and logically structured menus, traders can easily navigate charts, place trades, and monitor positions without unnecessary complexity. The streamlined interface ensures that beginners can get started quickly, while advanced traders benefit from efficient tools that support fast decision-making.
What sets the IC Markets MT4 mobile app apart is its balance between simplicity and depth. The platform maintains professional-grade functionality – including advanced charting options, customizable indicators, and one-tap order execution – while remaining accessible to those new to trading. This makes it an ideal solution for traders who want a reliable, responsive, and user-friendly way to stay connected to global markets at all times.
Login and security
IC Markets’ MT4 mobile platform provides a streamlined, single-step login for quick access to your trading account, making it easy for traders to start trading on the go. While this approach is simple and user-friendly, incorporating additional security measures – such as two-factor authentication – would substantially enhance account protection.
Currently, the mobile platform does not offer biometric login options like fingerprint scanning or facial recognition. Adding these features could deliver a faster, more convenient, and highly secure way for traders to access their accounts without compromising safety. By combining ease of use with advanced security enhancements, IC Markets’ MT4 mobile platform can offer both reliability and peace of mind for active traders managing positions from anywhere.
Search functions
IC Markets’ MT4 mobile application features a highly efficient search system designed to help traders locate instruments and tools quickly and accurately. Users can type the name of a specific asset into the search bar for instant results or explore well-organized category folders to browse available trading options. This dual navigation method ensures both speed and flexibility, allowing traders to seamlessly access the instruments they need.
With this intuitive search functionality, IC Markets makes it easier for traders to manage their portfolios, react promptly to market opportunities, and maintain a smooth trading experience directly from their mobile devices.
Placing orders
IC Markets’ MT4 mobile trading platform offers a versatile order placement system designed to accommodate diverse trading strategies. Traders can execute market orders for immediate transactions, set limit orders to enter at precise price levels, and use stop-loss orders to manage risk and safeguard existing positions.
The platform also provides flexible order duration options to match different trading styles:
Good ‘til Canceled (GTC): Orders stay active until the trader manually cancels them.
Good ‘til Time (GTT): Orders automatically expire after a predefined period.
By combining these order types with customizable time settings, IC Markets ensures accurate and efficient trade execution, empowering traders to manage positions seamlessly from their mobile devices.
Alerts and notifications
IC Markets’ MT4 mobile trading app currently lacks built-in alerts and push notifications, a functionality that is available only on the desktop platform. Real-time alerts are essential for tracking market movements and executing timely trades, so adding this feature to the mobile app would significantly enhance the overall trading experience.
Despite this limitation, mobile users can still monitor live market activity and manage their positions effectively. For traders who need instant trade notifications and proactive alerts, the desktop platform remains the most reliable solution. Integrating alerts into the mobile app would bridge this gap, providing a fully responsive trading environment on the go.
MetaTrader 4: Key Takeaways
IC Markets’ MetaTrader 4 desktop platform delivers fast, reliable order execution, making it an excellent choice for traders who prioritize efficiency and precision. While its interface may appear more traditional compared to modern, sleek trading platforms, it remains highly functional and dependable. Charting tools are robust but somewhat rigid, which may limit flexibility for traders conducting multi-timeframe analysis or complex technical studies. Nonetheless, MT4 desktop provides a professional-grade environment for executing strategies and monitoring market conditions.
MT4 Mobile App
The IC Markets MT4 mobile application is engineered for traders on the move, offering seamless trade management directly from smartphones and tablets. Users can swiftly adjust positions, execute market, limit, and stop orders, and manage risk with ease during volatile market conditions. While the app excels in speed and convenience, it is less suited for detailed technical analysis or advanced charting, tasks that are better handled on the desktop platform.
Summary
Overall, IC Markets’ MT4 ecosystem offers a balanced trading experience, combining the reliability and precision of the desktop platform with the flexibility and accessibility of mobile trading. Traders benefit from rapid execution and convenient account management on the go, while more in-depth analytical work is best performed using the desktop interface.
cTrader
cTrader Desktop Intro
cTrader is a professional-grade trading platform designed for traders who demand precision, transparency, and lightning-fast execution. Known for its clean interface and advanced trading tools, cTrader offers a seamless trading experience across desktop, web, and mobile devices.
Unlike MetaTrader platforms, cTrader focuses on depth of market visibility (Level II pricing), fast order execution, and detailed charting capabilities – making it a popular choice among scalpers, day traders, and algorithmic traders.
With IC Markets, traders can access cTrader to trade forex, indices, commodities, and shares using raw spreads from 0.0 pips and commission-based pricing. The platform also supports copy trading through cTrader Copy, allowing users to follow and replicate the strategies of successful traders directly.
Whether you’re a beginner or an experienced professional, cTrader’s intuitive design, real-time analytics, and transparent order execution make it one of the most powerful and user-friendly platforms available.
Pros:
- cTrader delivers high-speed trade execution and real-time Depth of Market (Level II) data, enabling traders to make precise decisions and manage risk better.
- Its advanced charting tools and analytics
- A clean, modern user interface across desktop, web and mobile platforms
Cons:
- While feature-rich, the learning curve can be steeper for beginners
cTrader Charts
IC Markets’ cTrader charting suite delivers a modern, high-performance environment built for precision trading and advanced market analysis. Designed for both discretionary and algorithmic traders, cTrader provides deep market transparency, lightning-fast execution, and customizable charting tools to refine your edge in the forex and CFD markets.
Advanced Charting Tools:
cTrader offers 70+ built-in technical indicators and 50+ drawing tools, including Fibonacci retracements, channels, pitchforks, and geometric shapes. This allows traders to visualize price action clearly and identify key market structures across any instrument.
Depth of Market (DOM):
Unlike many retail platforms, cTrader includes real-time Level II pricing, giving traders visibility into full market depth and liquidity. This feature is especially valuable for scalpers and institutional-style traders who rely on accurate order flow.
Customizable Layouts & Timeframes:
Traders can choose from 26 timeframes and 9 chart types, including Renko, Tick, and Heikin-Ashi charts. cTrader’s detachable chart windows make multi-monitor setups seamless, enhancing workflow efficiency for professional users.
Usability Considerations:
While cTrader offers a sleek, intuitive interface, new users may find its depth overwhelming at first. The abundance of analytical tools and configuration options requires some exploration, but once mastered, it becomes a powerful ally for technical and algorithmic traders alike.
Why IC Markets cTrader Charting Stands Out:
IC Markets’ cTrader platform is optimized for speed, transparency, and precision, making it a strong choice for traders who value execution quality and data clarity. Its institutional-grade tools, integrated algorithmic trading (via cTrader Automate), and access to raw pricing make it ideal for serious traders pursuing consistency and performance.
Whether you’re day trading forex, analyzing commodities, or running automated systems, IC Markets’ cTrader charting suite empowers you with the insights and control needed to stay ahead in today’s fast-moving markets.
cTrader Orders
IC Markets’ cTrader order execution system is engineered for precision, speed, and transparency, giving traders total control over their entry and exit strategies. Whether you’re scalping, day trading, or managing swing positions, cTrader provides a streamlined interface that allows you to place, modify, and manage orders efficiently – all while maintaining access to true market depth and raw spreads.
Order Types:
cTrader supports six main order types – Market, Limit, Stop, Stop-Limit, Market Range, and Trailing Stop – ensuring flexibility for every trading style. This versatility enables traders to execute complex strategies and manage risk more effectively in volatile markets.
Depth of Market (DOM):
With full Level II market depth, cTrader gives traders visibility into liquidity and order flow, allowing for more informed execution decisions. This transparency is particularly useful for institutional-style traders who rely on precision and volume data.
Execution Speed & Control:
IC Markets’ cTrader servers are hosted in Equinix data centers, minimizing latency and maximizing order execution speed. The platform supports one-click trading and provides detailed trade confirmations, ensuring every transaction is fast, accurate, and verifiable.
Usability Considerations:
While cTrader’s advanced execution tools appeal to professional traders, beginners may need time to explore its features fully. The platform’s detailed interface and deep market data can seem complex initially, but once understood, it becomes one of the most intuitive environments for order management in the industry.
Why IC Markets cTrader Orders Stand Out:
IC Markets’ cTrader platform combines raw pricing, deep liquidity, and lightning-fast execution, making it ideal for traders who demand both control and efficiency. From micro-lot trading to institutional-scale strategies, cTrader ensures that every order – from market entries to algorithmic executions – is handled with unmatched accuracy and transparency.
With no dealing desk intervention, direct market access, and tight spreads starting from 0.0 pips, IC Markets’ cTrader order system is built for serious traders who value execution precision and consistency above all else.
cTrader Mobile App
Pros:
- Clean and intuitive interface
- Powerful charting on the go
- Syncs seamlessly across devices
Cons:
- Limited advanced features vs desktop
The cTrader mobile app from IC Markets delivers a premium trading experience for iOS and Android users who want the full power of the markets at their fingertips. Built for professional-grade performance, it combines modern design, fast execution, and advanced charting – allowing traders to manage positions, analyze markets, and execute trades instantly, no matter where they are.
Key Features of cTrader Mobile:
Full Trade Control: Open, modify, and close trades instantly with intuitive one-tap execution.
Smart Order Management: Access market, limit, stop, and advanced order types, with full control over position sizing and risk.
Modern Interface: Enjoy a sleek, responsive layout with smooth navigation and customizable workspace options.
Real-Time Price Feeds: Get lightning-fast live quotes and dynamic market updates to make decisions confidently on the move.
Advanced Mobile Charting:
Use detailed interactive charts with multiple timeframes, drawing tools, and built-in indicators designed for professional mobile trading.
Why Trade with IC Markets’ cTrader Mobile App?
IC Markets’ cTrader mobile platform combines flexibility with institutional-grade precision. Its cutting-edge execution speed, real-time synchronization with desktop and web versions, and transparent pricing environment make it a powerful choice for traders who value control, clarity, and performance – anytime, anywhere.
Look and Feel
IC Markets’ cTrader mobile app delivers a modern, visually refined trading experience that blends cutting-edge design with professional functionality. Its sleek interface and intuitive layout make it easy for traders to navigate charts, place orders, and manage positions with minimal friction. Every feature is built for speed and clarity, allowing users to focus on market movement rather than menus.
What makes IC Markets’ cTrader mobile platform stand out is its fusion of elegance and precision. The app provides a clean, modern aesthetic with customizable chart themes, intuitive touch gestures, and instant access to essential tools – all optimized for mobile trading. While it’s simple enough for beginners to pick up quickly, it still offers advanced traders the power and flexibility they expect from a professional-grade platform.
The result is a smooth, responsive, and visually polished trading experience that keeps you connected and in control of your strategies anytime, anywhere.
Login and security
IC Markets’ cTrader mobile platform offers a fast and seamless login experience, allowing traders to access their accounts and start trading within seconds. The platform supports single-step sign-in for convenience, ensuring users can quickly monitor markets and execute trades while on the move.
From a security perspective, cTrader integrates advanced encryption protocols to safeguard personal and financial information during every session. While the app’s login process is already smooth and secure, the addition of two-factor authentication (2FA) or biometric login options – such as fingerprint or facial recognition – would further strengthen protection against unauthorized access.
Overall, IC Markets’ cTrader mobile app strikes a solid balance between accessibility and account safety, giving traders confidence that their information and funds remain secure while maintaining the speed and simplicity needed for mobile trading.
Search functions
IC Markets’ cTrader mobile app offers a fast and intuitive search function that allows traders to find trading instruments with ease. By typing directly into the search bar, users can instantly locate specific currency pairs, indices, commodities, or stocks without having to scroll through long lists. The platform also organizes instruments into well-structured categories, helping traders browse markets efficiently and discover new opportunities.
This streamlined search design ensures traders can react quickly to price movements, add instruments to watchlists, and open positions instantly – all from within a clean and responsive interface. With IC Markets’ cTrader mobile app, market access remains smooth, efficient, and optimized for speed.
Placing orders
IC Markets’ cTrader mobile platform provides a highly responsive and flexible order placement system built for precision trading. Whether you’re executing market orders for instant entry, setting limit orders to capture ideal price levels, or placing stop-loss and take-profit orders to manage risk, cTrader delivers the control and accuracy traders need on the go.
The platform supports multiple order duration types to fit various trading strategies:
Good ‘til Canceled (GTC): Orders remain active until manually canceled by the trader.
Good ‘til Time (GTT): Orders expire automatically after a set duration.
Market Range Orders: Allow trades to execute within a specified price range, helping avoid slippage in volatile conditions.
With its intuitive interface, one-tap order execution, and real-time order management, IC Markets’ cTrader mobile app empowers traders to enter, adjust, and monitor trades efficiently – all while maintaining professional-grade execution speed and transparency.
Alerts and notifications
IC Markets’ cTrader mobile app offers robust alerts and push notification features, giving traders real-time updates on price movements, order executions, and market events directly on their devices. This functionality ensures that traders can stay informed and react instantly to changing market conditions – even when they’re away from their trading desk.
Users can easily set custom price alerts for specific instruments or receive instant notifications for executed trades, stop-loss triggers, or margin updates. These alerts can be tailored to match individual trading preferences, helping maintain full control over positions and risk management.
By integrating real-time notifications and flexible alert settings, IC Markets’ cTrader mobile platform provides a seamless, always-connected trading experience – empowering traders to act with precision and confidence anytime, anywhere.
cTrader : Key Takeaways
cTrader Desktop Platform
IC Markets’ cTrader desktop platform provides a modern, intuitive trading environment with fast and precise order execution, ideal for traders who prioritize efficiency and flexibility. Its sleek interface enhances usability, while advanced charting tools, customizable layouts, and automated trading capabilities make it suitable for both manual and algorithmic strategies. Although slightly more feature-rich than traditional platforms, the desktop version remains user-friendly and reliable for executing complex trading plans.
cTrader Mobile App
The cTrader mobile application from IC Markets is designed for traders who need full control while on the move. The app supports seamless trade management, including market, limit, and stop orders, flexible lot sizing, and risk management tools. Real-time alerts and push notifications ensure users never miss important market movements. While mobile trading provides convenience and speed, detailed multi-timeframe technical analysis is still best conducted on the desktop platform.
Summary
Overall, IC Markets’ cTrader ecosystem combines the power of an advanced desktop platform with a responsive and fully-featured mobile app. Traders gain access to professional-grade tools, reliable execution, and flexible account management, making it a strong choice for both new and experienced traders looking for efficiency and modern trading solutions.
TradingView
TradingView Intro
IC Markets fully integrates the TradingView platform, delivering high-definition charts and intuitive trading signals ideal for both novice and professional traders. Its charting capabilities are among the most advanced in the industry, allowing price action to be displayed clearly and scaled seamlessly across multiple timeframes.
With over 150 analytical tools and customizable chart configurations, TradingView provides traders with everything needed for technical analysis, from trend lines and indicators to advanced oscillators. Order execution is streamlined, enabling efficient trade placement without disrupting workflow.
Beyond charting, TradingView hosts one of the largest social trading communities, connecting traders worldwide to exchange strategies, insights, and market ideas. This combination of powerful charting and community engagement makes TradingView an essential platform for traders seeking both precision and collaboration.
Pros:
- Powerful Charting Tools for Technical Analysis
- Built-in Social Trading Community
- Cloud-based Access Across All Devices
Cons:
- Full Features Require a Paid Subscription
TradingView Orders and Advanced Charting
- Advanced Charting Features: IC Markets integrates TradingView directly into its platform, offering traders a professional-grade charting experience. Users can select from candlesticks, Heikin Ashi, Renko, Kagi, and other chart types across multiple timeframes with customizable themes. Multi-chart layouts enable side-by-side comparisons of different assets or timeframes, helping traders quickly spot trends and identify potential trading opportunities.
- Technical Indicators for Informed Decisions: With over 100 built-in technical indicators, including Moving Averages (MA), Relative Strength Index (RSI), MACD, Bollinger Bands, and candlestick pattern recognition, traders can analyze market conditions with precision. These tools allow for accurate assessments of trend direction, momentum, and possible entry or exit points.
- Comprehensive Drawing Tools: The platform provides a full suite of drawing tools for detailed technical analysis. Options like trend lines, Fibonacci retracements, and support/resistance levels help traders visually map out strategies and interpret market movements more effectively.
- Custom Alerts and Notifications: Traders can set alerts based on price levels, indicators, or specific market events. Notifications are delivered via popups, audio signals, emails, SMS, and mobile push notifications, ensuring users stay informed of critical market changes without constantly monitoring charts.
- Fundamental Analysis Integration: Beyond technical analysis, IC Markets supports fundamental research through TradingView. Traders can access financial statements, valuation ratios, and historical company data, allowing for a combined technical and fundamental approach to trading strategies.
- Extensive Market Data Coverage: The broker provides access to a wide range of markets, including forex, commodities, stocks, and cryptocurrencies. This broad coverage enables traders to implement multi-asset strategies and diversify their portfolios from a single platform.
- Pine Script for Custom Strategies: Advanced traders can create personalized indicators, automated trading strategies, and alerts using TradingView’s Pine Script™ language. IC Markets supports these scripts, offering flexibility for algorithmic trading and tailored technical setups.
IC Markets delivers a complete charting and analysis solution, suitable for both beginners and experienced traders. From advanced charts and technical indicators to drawing tools, alerts, and customizable scripts, the platform equips users with the tools needed to trade confidently and make informed decisions across multiple markets.
TradingView Social Community and Network
- Connect with a Global Trading Community: IC Markets integrates TradingView’s social network to provide traders with access to a vibrant global community. This feature allows users to exchange ideas, discuss strategies, and collaborate with like-minded traders from around the world, fostering continuous learning and growth.
- Trading Ideas Hub: At the heart of TradingView’s community is the Trading Ideas feature. IC Markets users can explore a wide range of strategies and analyses shared by other traders, comment on posts, and participate in discussions. This interactive environment helps traders gain new perspectives and refine their own trading approaches.
- Follow Experienced Traders: Traders can identify and follow seasoned professionals whose insights resonate with them. By following these users, IC Markets clients receive updates whenever new content is posted, allowing them to incorporate proven strategies and market observations into their own trading routines.
- Live Video Streams: IC Markets users can watch live streams where traders share real-time market analysis, trading strategies, and insights. These interactive sessions offer an immersive learning experience, enabling participants to ask questions, clarify concepts, and engage directly with the streamer.
- Real-Time Chat and Collaboration: The platform also features real-time chat, allowing IC Markets traders to join topic-specific rooms or create their own discussions. This facilitates instant exchange of ideas, debate on market trends, and collaborative analysis, enhancing decision-making and community engagement.
By combining IC Markets’ robust trading infrastructure with TradingView’s social features, traders gain not only technical tools but also a dynamic, interactive learning environment. From discovering innovative trading ideas and following experienced traders to engaging in live streams and chat discussions, IC Markets empowers its users to learn, connect, and trade more effectively.
TradingView Mobile App
Pros:
- Comprehensive Charting on the Go
- Community Integration
- Real-Time Alerts and Notifications
Cons:
- Smaller Screen Limitations
IC Markets’ TradingView mobile application, available for both iOS and Android, delivers full access to advanced charting, market analysis, and trading tools directly from your smartphone or tablet. The app is designed for precision and efficiency, allowing traders to monitor markets, analyse price action, and manage positions anytime, anywhere.
Traders can access a wide range of chart types, technical indicators, and drawing tools, as well as create custom alerts based on price levels, technical signals, or market events. Multi-chart layouts and interactive charts ensure users can track multiple assets or timeframes simultaneously, while notifications via push, email, or SMS keep them informed of significant market movements in real time.
With seamless integration to IC Markets’ trading accounts, the TradingView mobile platform allows traders to execute orders, adjust positions, and implement strategies on the go. Combined with IC Markets’ reliable execution and real-time data, the app provides a professional-grade mobile trading experience, making it an essential tool for both active and algorithmic traders who require flexibility and precision in dynamic markets.
Look and Feel
IC Markets provides access to a sleek and highly intuitive TradingView mobile app that combines advanced functionality with a clean, modern design. The thoughtfully organised interface makes it easy for traders to access interactive charts, technical indicators, and drawing tools, while also placing and managing trades directly from their mobile device. Whether you are a beginner or a seasoned trader, the user-friendly layout ensures a smooth and efficient mobile trading experience, keeping you connected to the markets and in control of your strategies at all times.
Login and security
IC Markets’ TradingView mobile integration allows users to access their accounts securely using standard email and password credentials. Traders can also enable two-factor authentication (2FA) through their TradingView account for added protection. Device-level biometric features, such as fingerprint or facial recognition, are supported on iOS and Android, providing an optional, convenient way to log in while maintaining security.
Search functions
IC Markets’ TradingView mobile app provides a robust search feature that allows traders to quickly find instruments, assets, or symbols. Users can type the name or ticker of a specific market directly into the search bar, or browse categories such as forex, stocks, commodities, and cryptocurrencies. This functionality ensures fast and efficient navigation, making it easy to access the desired trading instruments on the go.
Placing orders
IC Markets’ TradingView mobile app offers versatile order placement options to support a range of trading strategies. Traders can execute market orders for immediate execution, limit orders to enter at a specified price, and stop orders to manage risk and protect positions.
The platform also provides flexible order duration settings:
Good ‘til Canceled (GTC): Orders remain active until manually canceled.
Good ‘til Time (GTT): Orders automatically expire after a set period.
These features ensure that traders can enter and manage trades with precision, whether monitoring markets on the move or adjusting positions from their mobile devices.
Alerts and notifications
IC Markets’ TradingView mobile app fully supports alerts and notifications, a feature that enhances real-time trading on the go. Traders can create custom alerts based on price levels, technical indicators, or specific market events.
Notifications are delivered via push notifications, email, or in-app alerts, ensuring users are informed immediately of critical market movements. This functionality allows traders to monitor positions, react to market changes, and execute trades promptly, making the mobile app a powerful tool for both active and passive trading strategies.
TradingView: Key Takeaways
- TradingView Desktop Platform: TradingView’s desktop platform offers advanced charting, a wide array of technical indicators, and full access to social and community features. Its flexible interface allows traders to analyse multiple assets simultaneously, perform in-depth technical studies, and create custom indicators or automated strategies using Pine Script™. While highly feature-rich, the desktop platform is best suited for traders who need detailed charting and comprehensive market analysis.
- TradingView Mobile App: The TradingView mobile app brings most desktop functionality to iOS and Android devices, providing access to real-time charts, technical indicators, alerts, and social network features. Traders can monitor markets, manage positions, and set custom alerts on the go. While the mobile app is highly capable and convenient for real-time trading and analysis, extremely detailed charting or complex Pine Script development may be more efficiently handled on the desktop platform.
TradingView delivers a seamless trading experience across both desktop and mobile, combining powerful analysis tools with flexible access to charts, indicators, and social trading. The mobile app ensures traders remain connected to the markets at all times, while desktop use remains ideal for in-depth technical studies and advanced strategy creation.
IC Markets Tradeable Instruments Overview
IC Markets provides traders with access to an extensive range of over 2,200 CFD instruments, covering forex, commodities, shares, indices, cryptocurrencies, futures, and bonds. This diverse lineup exceeds the industry average across most major asset classes, giving traders ample opportunities to diversify their portfolios.
While IC Markets excels in CFDs and currency pairs, it does not offer certain low-risk instruments such as ETFs or direct ownership of real stocks. Cryptocurrency trading is available via CFDs, though trading the underlying crypto assets (like buying actual Bitcoin) is not supported. Note that crypto CFDs are restricted for retail clients in the U.K., in line with regulatory requirements.
Overall, IC Markets positions itself primarily as a forex-focused broker with a robust selection of CFDs, including a wide array of commodities, indices, shares, and digital assets. Its broad instrument coverage ensures traders can explore multiple markets while leveraging the platform’s advanced trading tools and execution features.
| Market | Number | Types | Contract Type | Industry Average |
|---|---|---|---|---|
| Commodities | 26 | Metals, Energies, Agriculture | CFD, Futures | 5 – 10 |
| Bonds | 9 | US, UK, Europe | CFD | 0 – 5 |
| Shares | 2100+ | Retail, Tech, Financial, Other | CFD | 100 – 500 |
| Cryptocurrencies | 19 | Major and Minor | CFD | 10 – 20 |
| Indices | 24 | US, EU, Asia, Other | CFD, Futures | 5 – 10 |
| Forex Pairs | 61 | Major, Minor, Exotic | Spot | 30 – 75 |
What Are CFDs and How to Trade Them
Contracts for Difference (CFDs) are financial instruments that allow traders to speculate on the price movements of various assets – such as gold, stocks, indices, or cryptocurrencies – without actually owning the underlying asset.
For instance, if you take a long position on gold and its price increases, you earn a profit proportional to the price change. Conversely, if the price drops, your position reflects a loss – all without physically purchasing the asset.
The main advantage of CFDs is flexibility: they enable quick entry and exit from trades, allowing traders to capitalise on even small market fluctuations. This makes CFDs an ideal tool for both short-term trading strategies and more advanced portfolio diversification.
Social Trading at IC Markets
IC Markets integrates social trading capabilities via ZuluTrade, enabling traders to leverage the expertise of successful investors. Through ZuluTrade, you can browse top-performing traders ranked by ZuluRank, a proprietary algorithm that evaluates trading performance, and automatically replicate their trades in your own account.
This approach allows both beginners and experienced traders to benefit from tested strategies while maintaining full control over their investments. For added safety, ZuluGuard monitors the volatility of each autotrading strategy, helping you manage risk and optimize performance.
By combining IC Markets’ robust trading infrastructure with ZuluTrade’s social trading ecosystem, traders gain access to a seamless way to diversify strategies, learn from seasoned professionals, and potentially enhance returns – all within a single platform.
IC Markets Instruments: Key Takeaways
IC Markets offers a diverse and comprehensive range of trading instruments, providing traders with access to multiple markets and opportunities to implement a variety of strategies. Its selection includes high-risk, high-reward assets such as share CFDs and cryptocurrencies, which appeal to traders seeking significant growth potential.
While the current lineup is robust, incorporating low-risk instruments like ETFs could further enhance portfolio diversification and appeal to more conservative investors. Overall, IC Markets’ instrument offering balances flexibility and market depth, making it suitable for both active traders and those exploring multiple asset classes.
| Tradable Instruments Summary | IC Markets |
|---|---|
| Forex Trading (Spot or CFDs) | Yes |
| Tradeable Symbols (Total) | 3583 |
| Forex Pairs (Total) | 61 |
| U.S. Stock Trading (Non CFD) | No |
| Int'l Stock Trading (Non CFD) | Yes |
| Social Trading / Copy Trading | Yes |
| Cryptocurrency (Physical) | No |
| Cryptocurrency (Derivative) | Yes |
Understanding CFD Leverage on IC Markets
| Asset | Maximum Leverage |
|---|---|
| Bonds | 1:200 |
| Share CFDs | 1:500 |
| Cryptocurrencies | 1:200 |
| Currency Pairs | 1:500 |
| Indices | 1:200 |
| Commodities | 1:500 |
What is CFD Leverage?
CFD leverage is a tool that allows traders to control larger market positions with a smaller amount of capital. When trading Contracts for Difference (CFDs), leverage enables you to open positions that exceed your actual account balance, as the broker effectively lends you the additional funds.
The key advantage of leverage is its ability to amplify potential profits from successful trades, giving traders the chance to achieve higher returns on smaller investments. However, it is equally important to recognize that leverage also magnifies potential losses, meaning careful risk management is essential when using leveraged CFD positions.
| Account Type | Standard Account | Raw Account | cTrader Raw Account |
|---|---|---|---|
| Swap Free Account | Yes | Yes | Yes |
| Suitable For | Casual Traders | EAs and Scalpers | Day Traders and Scalpers |
| Platforms | MetaTrader 4&5 | MetaTrader 4&5, cTrader, TradingView | MetaTrader 4&5, cTrader, TradingView |
| Commission* | $0 | $7 | $6 |
| Demo Account | Yes | Yes | Yes |
| Spread From | 0.8 pips | 0.0 pips | 0.0 pips |
| Standard Contract Size | 100,000 units | 100,000 units | 100,000 units |
| Minimum Deposit | $200 | $200 | $200 |
| Minimum Trade Volume | 0.01 lot | 0.01 lot | 100,000 units |
| Stop Out | 50% | 50% | 50% |
| Base Currencies | EUR, USD, GBP, AUD, CHF, NZD, JPY, SGD, CAD, HKD | EUR, USD, GBP, AUD, CHF, NZD, JPY, SGD, CAD, HKD | EUR, USD, GBP, AUD, CHF, NZD, JPY, SGD, CAD, HKD |
| Margin Call | 100% | 100% | 100% |
Introduction to IC Markets Account Options
IC Markets offers a variety of account types tailored to different trading needs. The Standard account stands out with competitive spreads, no commissions, and a low minimum deposit. Risk management measures, including a 100% margin call and a 50% stop-out level, help protect against total account losses. However, the Standard account does not support TradingView or cTrader, which are two of IC Markets’ most advanced trading platforms.
For traders seeking tighter spreads and more advanced platform integration, the Raw and cTrader Raw accounts provide spreads starting from 0.0 pips with volume-based commissions. The Raw cTrader account is particularly appealing due to its $6 per round-turn lot commission, aligning with industry averages while offering greater flexibility for high-volume traders.
Choosing the right account depends on your trading style, platform preference, and desire for cost-efficient execution.
IC Markets Standard Account
| Account Type | Standard Account |
|---|---|
| Swap Free Account | Yes |
| Suitable For | Casual Traders |
| Platforms | MetaTrader 4&5 |
| Commission* | $0 |
| Demo Account | Yes |
| Spread From | 0.8 pips |
| Standard Contract Size | 100,000 units |
| Minimum Deposit | $200 |
| Minimum Trade Volume | 0.01 lot |
| Stop Out | 50% |
| Base Currencies | EUR, USD, GBP, AUD, CHF, NZD, JPY, SGD, CAD, HKD |
| Margin Call | 100% |
The IC Markets Standard Account is perfect for traders who want a straightforward, cost-effective trading experience. It offers tight spreads from 1.0 pip, zero commission on trades, and access to all major platforms, including MetaTrader 4, MetaTrader 5, and cTrader. Deposits and withdrawals are fast and free, making this account ideal for casual traders, beginners, and those looking to trade with low costs without complex fees.
IC Markets Raw Account
| Account Type | Raw Account |
|---|---|
| Swap Free Account | Yes |
| Suitable For | EAs and Scalpers |
| Platforms | MetaTrader 4&5, cTrader, TradingView |
| Commission* | $7 |
| Demo Account | Yes |
| Spread From | 0.0 pips |
| Standard Contract Size | 100,000 units |
| Minimum Deposit | $200 |
| Minimum Trade Volume | 0.01 lot |
| Stop Out | 50% |
| Base Currencies | EUR, USD, GBP, AUD, CHF, NZD, JPY, SGD, CAD, HKD |
| Margin Call | 100% |
The IC Markets Raw Spread Account provides ultra-low spreads starting from 0.0 pips, paired with a small commission per trade. This account is designed for traders who require high-precision pricing, fast execution, and minimal slippage, such as scalpers, algorithmic traders, and high-volume traders. It’s ideal for those who want to take advantage of raw market conditions for optimal performance.
IC Markets cTrader Raw Account
| Account Type | cTrader Raw Account |
|---|---|
| Swap Free Account | Yes |
| Suitable For | Day Traders and Scalpers |
| Platforms | MetaTrader 4&5, cTrader, TradingView |
| Commission* | $6 |
| Demo Account | Yes |
| Spread From | 0.0 pips |
| Standard Contract Size | 100,000 units |
| Minimum Deposit | $200 |
| Minimum Trade Volume | 100,000 units |
| Stop Out | 50% |
| Base Currencies | EUR, USD, GBP, AUD, CHF, NZD, JPY, SGD, CAD, HKD |
| Margin Call | 100% |
The IC Markets cTrader Raw Spread Account combines raw spreads from 0.0 pips with the advanced features of the cTrader platform. Traders gain access to depth of market (DOM) pricing, automated trading tools, one-click trading, and full algorithmic support. This account is best suited for professional traders, algorithmic developers, and scalpers who rely on precise execution and institutional-grade tools.
IC Markets Demo Account: Practice Trading Risk-Free
IC Markets provides a demo account designed for traders to practice and refine their strategies in a completely risk-free environment. This account allows you to explore all of IC Markets’ trading platforms and features without risking real capital.
Given the constantly evolving nature of financial markets, using a demo account is an essential tool for maintaining and improving trading skills. Traders can open a demo account before starting a live CFD account or run it alongside their live trading to test new strategies and approaches safely.
The demo account ensures you gain confidence, understand platform functionality, and optimize your trading techniques before committing real funds.
Islamic Account: Swap-Free Trading Options
IC Markets offers Islamic, or swap-free, accounts that comply with Shariah law, allowing traders to hold leveraged positions overnight without paying interest. Instead of traditional percentage-based financing fees, these accounts charge a flat commission, making them ideal for traders seeking faith-compliant trading options.
Traders can also open multiple sub-accounts with different base currencies, providing flexibility for portfolio management and risk allocation. For detailed information or to set up a swap-free account, contacting IC Markets directly is recommended.
These accounts ensure that trading remains fully compliant with Islamic principles while maintaining access to the broker’s full range of platforms and instruments.
IC Markets Restricted Countries
IC Markets does not accept clients from certain jurisdictions where trading leveraged products is restricted or prohibited by law. This includes residents of the United States, Canada, Brazil, Israel, New Zealand, Iran, North Korea, and any other region enforcing similar legal limitations.
Prospective traders from these locations are unable to open accounts, ensuring compliance with international regulatory standards and maintaining the integrity of IC Markets’ global operations.
Pros:
- Fast
- Low minimum deposit for forex accounts
- Fully digital
Cons:
- None
Step-by-Step IC Markets Account Opening Process
Getting started with IC Markets is a straightforward process that can have you trading in just a few minutes. Follow these steps to create your account:
Click ‘Start Trading’ from the main menu.
Enter your full name and country of residence.
Provide a valid email address and phone number.
Fill in your date of birth and residential address.
Select your preferred trading platform, account type, and base currency.
Review all the personal information you’ve entered to ensure accuracy.
Choose a security question and provide an answer for account protection.
Agree to IC Markets’s Terms & Conditions.
Verify your email by clicking the link sent to your inbox.
Set a secure password for your account.
Complete any remaining personal details required for registration.
Upload proof of identity and proof of address to finalise verification.
Once completed, your IC Markets account will be ready to use, giving you access to a wide range of trading instruments and powerful tools designed for both beginners and experienced traders.
What is the minimum deposit at IC Markets?
Opening an account with IC Markets is simple and accessible, requiring a minimum deposit of just $200.
This relatively low entry point makes IC Markets stand out, as many other CFD brokers often demand deposits around $2,000. Such affordability allows new traders and those testing strategies to start trading without committing large sums, making IC Markets a flexible option for a wide range of investors.
Research Overview and Key Features
IC Markets stands out for its comprehensive research offerings, designed to support traders at every level, from beginners to seasoned professionals. The broker combines in-house analyses with high-quality third-party insights, ensuring a well-rounded perspective on global markets.
In-House Research
IC Markets produces detailed daily market reviews that cover both technical and fundamental aspects. These reviews are crafted to provide actionable insights into price movements, emerging trends, and potential trading setups. Real-time updates help traders make informed decisions quickly, whether they are executing day trades or holding positions for the medium term.
Third-Party Research Tools
To enhance market intelligence, IC Markets integrates Trading Central and Autochartist tools. These platforms deliver comprehensive technical analyses, highlight key trading ideas, and offer a market sentiment gauge that helps assess the broader trading environment. Together, they provide a 360-degree view of market developments, supporting both short-term and swing trading strategies.
IC Your Trade Series
The IC Your Trade initiative expands IC Markets’ research capabilities with video content, detailed articles, and podcasts. This series presents technical and fundamental forecasts in a clear, digestible format, bridging the gap between professional-level analysis and beginner-friendly explanations. Short market recap videos and live trading sessions available via IC Markets’ Web TV and YouTube channels further enhance learning and real-time decision-making.
AvaTrade Research: Key Takeaways
IC Markets’ research ecosystem offers depth, diversity, and practical value. Traders gain access to a mix of proprietary analyses, curated third-party insights, and multimedia educational content. This combination ensures that all clients can stay ahead of market trends, understand emerging opportunities, and execute trades with confidence.
The robust research infrastructure makes IC Markets a trusted choice for traders seeking reliable market intelligence, actionable trading ideas, and real-time data to navigate global financial markets effectively.
| Research Summary | IC Markets |
|---|---|
| Autochartist | Yes |
| Social Sentiment - Currency Pairs | Yes |
| Trading Central (Recognia) | Yes |
| Forex News (Top-Tier Sources) | Yes |
| Daily Market Commentary | Yes |
Education Overview: Guides, Webinars, and Courses
IC Markets provides a comprehensive educational hub tailored for traders at every experience level, from beginners to advanced market participants. The broker’s learning resources include over 100 written articles, dozens of instructional videos, and a wealth of webinars, podcasts, and ebooks designed to deepen trading knowledge and enhance practical skills.
Learning Center and Series
The IC Markets Learning Center organizes content into structured series such as Forex Trading 101 and Trading Plan 101, delivering clear guidance on essential concepts, strategy development, and risk management. While content isn’t explicitly segmented by experience level or equipped with progress tracking, the quality and depth of the materials remain above industry standards.
Webinars, Podcasts, and Videos
IC Markets hosts an extensive collection of more than 600 educational webinars on its YouTube channel, available in multiple languages including English, Arabic, Thai, and Chinese. These sessions cover critical areas such as technical and fundamental analysis, trading psychology, and risk management. The “IC Your Trade” podcast complements these resources by offering insights and practical tips, while archived webinars provide on-demand learning opportunities for every type of trader.
Written Articles and Ebooks
In addition to video content, IC Markets offers dozens of written articles and tutorials that reinforce key trading principles. For those seeking a more structured deep dive, the broker provides a comprehensive ebook titled “The Modern Guide to Trading”, which serves as a valuable reference for mastering forex and CFD trading.
IC Markets Education: Key Takeaways
IC Markets’ educational offerings create a robust learning ecosystem, supporting skill development, strategy refinement, and confident decision-making. Whether you are just starting or looking to sharpen advanced trading techniques, the broker’s content library ensures you have the tools and knowledge to succeed in the dynamic financial markets.
| Education Summary | IC Markets |
|---|---|
| Client Webinars (Archived) | Yes |
| Videos - Beginner Trading Videos | Yes |
| Investor Dictionary (Glossary) | Yes |
| Education (Forex or CFDs) | Yes |
| Client Webinars | Yes |
| Videos - Advanced Trading Videos | Yes |
Customer Support Overview
IC Markets provides round-the-clock customer support in multiple languages, ensuring traders can access assistance whenever needed. Whether via live chat, email, or phone, the support team responds promptly and demonstrates a thorough understanding of the broker’s services. For common questions, the IC Markets website also features a comprehensive FAQ section, allowing users to find instant answers without waiting for an agent.
Testing the Support Experience
To evaluate IC Markets’ customer service, we focus on three key factors: the agent’s familiarity with the platform, response time, and the depth of answers provided.
During a live chat test conducted, we were first asked to provide our name and email before being connected to a representative. The agent exhibited a strong knowledge of IC Markets’ offerings and answered all queries with detailed explanations. While there was a slight delay when clarifying the leverage available for share CFDs, the agent’s dedication to providing accurate information highlighted IC Markets’ commitment to professional and reliable support.
Why IC Markets Support Stands Out
IC Markets’ support structure caters to both new and experienced traders, combining speed with expertise. The multilingual support and multiple communication channels make it accessible for clients worldwide, providing peace of mind for both routine questions and more complex trading inquiries.
Bottom line: With IC Markets, traders can expect responsive, knowledgeable, and helpful support, whether setting up an account, managing trades, or exploring advanced instruments. The combination of live support and a detailed FAQ ensures you’re never left waiting or uncertain.
IC Markets Customer Support Languages:
English, Vietnamese, Thai, Spanish, Arabic, Portuguese
IC Markets Customer Support: Key Takeaways
24/7 Multilingual Support: Reach IC Markets via live chat, email, or phone at any time, ensuring help is always available.
Fast Response Times: Get prompt answers within minutes, keeping your trading uninterrupted.
Expert Knowledge: Support agents have deep understanding of IC Markets’ account types, leverage, and trading platforms.
Comprehensive FAQ Section: Access instant solutions to common questions without contacting support.
Guidance for All Traders: Ideal for beginners and experienced traders seeking help with account setup, trading queries, or platform issues.
Accuracy and Reliability: Agents take the time to confirm answers, providing trustworthy and precise information.
Enhanced Trading Confidence: Fast, knowledgeable, and accessible support ensures a smooth and secure trading experience.
Final Thoughts on IC Markets
IC Markets is a versatile, low-cost broker that caters to a broad spectrum of traders, though it particularly excels for algorithmic and high-frequency traders. With support for platforms such as MT4, MT5, cTrader, and TradingView, the broker provides an environment optimised for automated trading strategies, offering competitive spreads, low commissions, and agency execution that can help traders maximise turnover.
Trading Platforms and Execution
The broker’s platform lineup accommodates a variety of trading styles. MetaTrader and cTrader allow for sophisticated algorithmic strategies, while TradingView integrates seamlessly for manual analysis and strategy execution. IC Markets also offers free VPS hosting, ensuring low-latency trades – a key advantage for algorithmic traders seeking precision and speed.
Social and Copy Trading
IC Markets extends its offering through third-party social trading services like Myfxbook and ZuluTrade, alongside its proprietary tools, enabling retail traders to engage in copy trading and replicate successful strategies. This combination has earned IC Markets top marks in both Social Copy Trading and Commissions & Fees categories.
Instruments, Fees, and Research
With access to over 2,200 CFD instruments, IC Markets provides a wide array of markets for forex and CFD trading. The broker maintains some of the lowest fees in the industry, though swaps can be relatively high on certain accounts. Its educational and research content is robust, featuring insights from Autochartist, Trading Central, and in-house analyses, equipping traders with the tools to make informed decisions.
Suitability
While IC Markets is well-rounded enough for many traders, its strengths shine brightest for those who rely on automated strategies or are highly sensitive to spreads. Manual traders using the Standard account may find limitations, as it only supports MT4 and MT5.
Overall, IC Markets stands out as a powerful, research-driven, and cost-effective broker for algorithmic traders, high-frequency traders, and retail forex and CFD enthusiasts seeking both advanced platforms and comprehensive trading support.
IC Markets FAQ
Does IC Markets provide VPS hosting?
Yes. Free VPS service is available for traders achieving a monthly trading volume of at least 15 lots.
What trading platforms are available?
IC Markets offers MetaTrader 4, MetaTrader 5, cTrader, TradingView, and ZuluTrade, covering manual, automated, and copy trading needs.
Is IC Markets suitable for hedging?
Yes, hedging is possible, though access to additional low-risk instruments, like ETFs, would strengthen the offering.
How do I withdraw money?
Withdrawals can be processed using bank wire, cards, cryptocurrencies, and e-wallets, with processing times typically between 3–8 business days.
Is IC Markets suitable for beginners?
Yes. The broker provides comprehensive educational resources, low fees, multiple platforms, social and copy trading support, and reliable customer service, making it an excellent choice for new traders.
What is the minimum deposit?
The minimum deposit is $200, applicable to all live account types, including Standard, Raw, and cTrader accounts.
Where is IC Markets based?
IC Markets is headquartered in Australia and maintains offices in the Seychelles, Kenya, the Bahamas, South Africa, and Cyprus, serving clients globally.
Is spread betting available?
No, spread betting is not supported at IC Markets.
Is IC Markets suitable for scalping and automated trading?
Scalping: Highly suitable thanks to versatile platforms and free VPS hosting for low-latency trading.
Automated trading: MT4 and MT5 support Expert Advisors (EAs), while cTrader provides a robust coding environment. VPS hosting further enhances performance for algorithmic strategies.
How do I deposit funds?
IC Markets supports a wide variety of payment methods, including bank wire, credit and debit cards, cryptocurrencies, PayPal, and multiple e-wallets.
Is IC Markets safe?
Client funds are held in segregated accounts, and most entities offer negative balance protection. The broker also maintains indemnity insurance of up to $1 million. Regulatory oversight varies by entity:
Australia: Regulated by ASIC, with funds held in a Client Moneys Trust Account.
Cyprus: Eligible retail clients are covered up to €20,000 via the Investors Compensation Fund.
Bahamas, Seychelles, Mauritius: Regulatory protections are more limited.
Does IC Markets provide demo accounts?
Yes, demo accounts are available, allowing traders to practice strategies in a risk-free environment.
Is IC Markets a market maker or bank?
No. IC Markets operates as an ECN broker and does not function as a bank.
What account types are offered?
IC Markets provides Standard and Raw Spread accounts, each tailored to different trading styles and cost preferences.
What is the maximum leverage?
Retail clients can access leverage up to 1:500, allowing for amplified exposure while managing risk.
Additional features
IC Markets also supports social and copy trading, offers low commissions and competitive spreads, and delivers rich educational and research content, making it suitable for both novice and experienced traders alike.
Sources used to create the IC Markets Review
- IC Markets – Official broker website and account information.
- ASIC – Australian Securities and Investments Commission regulatory details.
- FSA – Financial Services Authority regulatory information.
- CySEC – Cyprus Securities and Exchange Commission licensing and oversight.
- SCB – Seychelles Central Bank regulatory framework.
- CMA – Capital Markets Authority (Kenya) regulatory guidelines.
- TradingView – Market analysis tools and charting features.
- MetaTrader – Platform specifications and trading functionality.
- cTrader – Platform specifications, charting tools, and execution features.
Meet the experts behind the IC Markets Review
Zhahn du Plessis
Lead Analyst
Zhahn Du Plessis is the Lead Analyst at TradeWiki.io, where he is responsible for broker analysis, review creation, and overall platform development. He oversees every aspect of the website, ensuring that all content is accurate, transparent, and designed to help traders make informed decisions.
He holds a Bachelor of Commerce in Business Management from Akademia University and has been actively trading the forex markets since 2018. As a funded trader since 2021, he brings real-world experience in evaluating brokers, trading conditions, and execution quality.
Cobus Viljoen
Head of Marketing
Cobus Viljoen is the Head of Marketing at TradeWiki.io, where he leads content strategy and oversees all digital communication across platforms including Instagram, TikTok, YouTube, Pinterest, X, Threads, and Facebook. He is responsible for producing and distributing educational trading content, broker insights, and market-focused media designed to help traders make informed decisions.
With hands-on forex trading experience since 2019, Cobus has traded funded accounts through multiple proprietary trading firms, giving him practical insight into real market conditions, risk management, and trading psychology. His combined expertise in trading and content strategy helps ensure that all TradeWiki content is accurate, relevant, and aligned with the needs of modern traders.
About Tradewiki.io
Our goal at Tradewiki.io is to deliver clear, unbiased reviews of top international forex brokers and prop firms, guiding you toward the best forex broker or prop firm that fits your needs. Since launch, Tradewiki.io has helped thousands of traders worldwide find, compare, and choose trusted forex brokers and prop firms.
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