IC Markets
Melbourne-founded (2007) True ECN broker regulated by ASIC and CySEC, offering some of the industry's tightest raw spreads across MT4, MT5 and cTrader.
Key Facts
- Regulation
- ASIC, CySEC, FSA Seychelles, SCB Bahamas, CMA Kenya
- Platforms
- MT4, MT5, cTrader, TradingView
- Instruments
- Forex, Indices, Commodities, Stock CFDs, Crypto
- Spread from
- 0.0 pips (Raw Spread account)
- Commission
- $0 (Standard) / $3.50 per 100k per side (Raw)
- Minimum Deposit
- $200
- Account Types
- Standard, Raw Spread, cTrader Raw
- Rating
- 4.8 / 5
Features
- 50+ liquidity providers
- Equinix NY4/LD5 servers
- 2,100+ stock CFDs
- Raw Trader Plus rebates
Pros
- + Industry-tight Standard account spreads
- + Fast execution with deep liquidity
- + Multiple platforms including cTrader and TradingView
Cons
- − No proprietary mobile app
- − Limited educational materials
- − UK clients served under offshore entity, not FCA
Who it may suit
Based on its account minimums, platform selection and instrument range, IC Markets tends to suit traders with an established strategy who value execution quality and platform depth. Confirm this against your own goals and risk tolerance before opening an account.
Risk information: Trading with this broker involves risk of loss. Verify current terms, regulation and leverage for your region directly with the broker before opening an account.
Risk warning: Forex and CFD trading involves substantial risk of loss. Content on this site is educational and not financial advice. Read the full disclaimer.