IC Markets review

Pros

• Often selected by active traders who care about pricing and execution (account dependent).
• Common platform options for active workflows (MT4/MT5/cTrader where available).
• Works well for traders who want to compare pricing across account types.

Cons

• Conditions vary by entity and region.
• Non-trading fees can apply depending on method and currency conversion.
• Always confirm instruments, leverage, and account requirements for your entity.

Regulation and safety

Verify the exact entity and license on the official register. Protections vary by jurisdiction.

Regulators mentioned: ASIC, CySEC

Trading platforms

• MT4
• MT5
• cTrader

Spreads and fees

• Compare the all-in cost (spread + commission + swaps/financing) for the pairs you actually trade.
• Costs can differ by account type and entity—confirm inside your portal before funding large amounts.
• Run a small live test to observe spread widening and execution during volatility.

Deposits and withdrawals

• Deposit methods: Bank transfer (availability varies by entity/country), Cards (Visa/Mastercard where available), Local methods / e-wallets (varies by region)
• Withdrawal methods: Bank transfer (availability varies by entity/country), Card withdrawals (where supported), Local methods / e-wallets (varies by region)
• Verify fees, typical processing time, and complete a small withdrawal test early.

Countries accepted

• Varies by entity and jurisdiction.
• Confirm availability for your country during sign-up.

FAQ

• Is IC Markets safe?
  IC Markets can be safer when you onboard under a well-regulated entity and you verify the license on the regulator’s official register. Safety also depends on how withdrawals work for your country—start small, complete KYC early, and run a withdrawal test before scaling.
• Is IC Markets regulated?
  IC Markets operates under different entities. Regulation depends on your country and the entity you sign up with. Regulators commonly mentioned include: ASIC, CySEC. Always verify the exact entity and license status on the regulator’s official register.
• What is the minimum deposit?
  Minimum deposit is often shown as $200, but it can vary by region, entity, account type, and funding method. Treat it as a starting point and confirm inside the broker’s client portal before funding.
• What platforms does it support?
  Platforms commonly listed include: MT4, MT5, cTrader. Platform availability can vary by region/entity—confirm the exact platform list during sign-up or inside your account portal.
• Is it good for beginners?
  IC Markets can work for beginners if you use a demo first, start with a small deposit, and focus on risk controls (position sizing and stop-loss). Beginners should prioritize clear fees, stable platforms, and reliable withdrawals over bonuses or high leverage.
• What are the main IC Markets fees?
  Trading costs typically include spreads, commissions (on some accounts), and swaps/financing for overnight holds. Confirm per instrument and account type.
• Which platforms are supported?
  IC Markets commonly supports MT4, MT5, and cTrader, but availability can vary by region/entity. Confirm during onboarding.

Final verdict

IC Markets can be a good fit for active traders who prioritize cost and platform choice. Verify your entity, compare all-in cost, and test withdrawals before scaling.

Compare IC Markets

Use side-by-side comparisons to shortlist brokers by costs, platforms, and safety checks.

• Compare IC Markets vs Pepperstone (fees, platforms & safety) →
• Compare IC Markets vs XM Group (fees, platforms & safety) →
• Compare IC Markets vs Libertex (fees, platforms & safety) →

Related brokers

Similar platform/regulation footprints (always verify your entity).

• Read Pepperstone review (fees, platforms & safety) →
• Read XM Group review (fees, platforms & safety) →
• Read Libertex review (fees, platforms & safety) →

Explore

• Browse all comparisons →
• Browse all reviews →