IC Markets
Company Background
In our IC Markets review, we present a popular Forex broker with a 17-year history in the market. Founded in 2007, the company now works with 200,000 active traders, generating a trading volume of over 1.5 trillion dollars monthly.
The brand is represented in the market by three companies:
- IC Markets Australia, licensed by ASIC, providing Forex/CFD and stockbroker services.
- IC Markets EU, registered in Cyprus and licensed by CySEC.
- IC Markets Global, registered in the Seychelles and licensed by the local regulator SFSA.
Notably, the latter has significantly more relaxed requirements, allowing the broker to offer retail traders conditions that are no less (and in some cases even more) favorable than those for trading on Pro accounts under the strict oversight of ASIC and CySEC.
Overview of Services and Trading Terms
IC Markets clients can trade over 2,200 trading instruments:
- Currency pairs (61 assets).
- CFDs on commodities (24 contracts).
- CFDs on stock market assets (over 2,100 stocks, 9 bonds, 25 stock indices).
For CFD trades, clients can open two types of accounts:
- Raw spread account. Characterized by minimal difference between Ask and Bid prices (from 0 pips). A trading commission of $6 applies when using cTrader and TradingView terminals or $7 per trade.
- Standard account. Trades are conducted without commissions, but floating spreads start from 0.8 pips (for the most liquid currency pairs like EURUSD).
The minimum deposit amount is $200 (or the equivalent in other currencies), regardless of the account type. For retail traders under the supervision of Australian and Cypriot regulators, the maximum leverage is 1:30. For clients of IC Markets Global, regardless of their status, there is no such restriction, and leverage is significantly higher — up to 1:500. Additionally, their accounts are voluntarily insured by the platform for $1 million per user.
The broker offers a choice of the best trading platforms: MetaTrader 4/5, cTrader, and TradingView. Notably, automated trading accounts for more than 60% of the company’s total turnover.
Referral and Bonus Schemes
IC Markets clients with high trading volumes can receive commission rebates (for Raw Spread accounts) from $1.5 to $2.5 per standard lot. To qualify, the volume of closed trades must be between 100 and 2000 standard lots.
The broker also does not have a current affiliate program, likely because the platform does not need an uncontrolled influx of new users, most of whom may not be active traders.
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FAQ
Is there any income guarantee when trading with icmarkets.com?
What sum is necessary to begin dealing with IC Markets?
What deposit and withdrawal methods are available?
IC Markets is one of the few brokers offering numerous payment methods for account funding. The list includes traditional bank transfers, credit and debit cards (VISA, MasterCard, UnionPay), and electronic payment systems with full client verification (such as Skrill, Neteller, PayPal, and others popular in various regions worldwide).
The company strictly adheres to AML policy requirements, meaning payments from and to third parties are prohibited. Additionally, withdrawals can only be made using the same method used to fund the trading account.
Is icmarkets.com a legitimate website?
Is it like roulette with no guarantee of earning money?
Trading CFDs with leverage involves a high level of risk, especially when leverage is as high as it is with IC Markets Global. Every trader must understand this and be prepared to face losses, up to the total amount invested. There can be no guarantees of earning money in any financial market.
However, traders have the opportunity to increase their chances of achieving a positive financial outcome. To do this, they must develop clear rules for capital and risk management when creating a trading system and strategy and adhere strictly to these rules in practice.
Overall Score
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1 review08.05.2025 00:58GREAT analytics
Without knowledge and regular skill improvement, don’t mess with Forex; it’s not a casino or sports betting. Forex is brainwork, constant self-improvement. You need a broker like this from the start to grow with them, with education and analytics. Icmarkets.com has high-quality professional analytics. I use it for my intraday trading system. The accuracy of forecasts and support and resistance levels sometimes amazes me. I don’t just want to open trades, but to learn from their experts. That’s why I attend all webinars, read the newsletters, and see positive changes in my trading and my account balance. A big thank you to the staff who prepare reviews, trading ideas, and all analytics every day. Keep it up!
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1 review03.05.2025 10:43A model of a modern broker
If you were to write in two words — they have it all 👍 This is exactly what a modern broker in the 21st century should be like. I’ve been with icmarkets.com for several years and have nothing to reproach them for. I always recommend them when I get a chance
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1 review21.03.2025 01:32They are cheating you!
I don’t understand how anyone can consider a broker with an offshore license and a leverage of 500 as good. You will drain your deposit on the first trades. And you won’t even be able to challenge the manipulated quotes, or will you go to court in Seychelles? Some will say there are ASIC and CySEC licenses. But understand that these are legally completely different companies, and the conditions are different. IC Markets Global was created specifically to take traders’ money. Don’t trust them!!!
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1 review15.03.2025 04:10Lost all my money...
My deposit is zero. And I suspect that this did not happen without the participation of IC Markets’ trading server administrators. However, nothing can be proven here. I do not recommend it to others…
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1 review05.03.2025 07:12Much better than others
The technical level is very high. I think even the major brokers, which are considered leaders, do not surpass it in anything. I had an account with IG about 4 years ago. Yes, there are thousands of instruments, but you don’t need that many; it’s unlikely anyone uses such a quantity. I switched to IC Markets, and it definitely hasn’t gotten worse. Commissions and speed are better. No problems, delays, or additional checks with withdrawals.
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1 review04.03.2025 19:26No drawbacks
The icmarkets.com platform works steadily; there have been no disconnections for six months. For market analysis, the broker offers quality software, regular analytics, ideas for various markets, and charts with support and resistance levels. Newcomers, of course, might find it difficult to adapt on their own, so you can attend training webinars with the broker and practice on a demo account to gain experience. If you have questions, don’t sit alone with the platform; ask support; they will definitely help. I’ve been through it all with them, so I know what I’m talking about!
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1 review24.02.2025 21:15Everything is fine
When I switched to IC Markets, I hoped it would be better. No, everything is actually fine – a good set of instruments, withdrawals, and support. But it didn’t suit me – although they promised high speed, it wasn’t enough for my strategy. So, still, a little disappointed
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1 review20.02.2025 23:48Positive experience
IC Markets has a lot of good things; overall, I had a decent impression. Unfortunately, I won’t be trading anymore; my last deposit went to zero
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1 review15.02.2025 05:17Follow the rules!
I often see complaints in reviews about the broker’s deposit and withdrawal processes. They say the requirements are strict. All rules for funding your account are written directly on the IC Markets website. The broker has a reputation and will not violate international protocols for fund protection or anti-money laundering just so you can pay for your internet with a single profitable trade because “it needs to be immediate, or they’ll cut it off.” I wish the broker further development and thank them for their stability
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1 review07.02.2025 07:48Favorable conditions
For traders on the currency market, this broker offers really favorable conditions, which is probably why both beginners and experienced traders come here to trade. I have learned trading with many brokers, but I continue to increase my overall profit specifically with icmarkets.com. The server here is fast, the account is insured, withdrawals are stable, and the spreads and leverage are pleasing. What else do you need??
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