IC Markets review: Regulations, Platforms, Trading instruments, and user ratings.

3.571 • 2031 REVIEWS
International Capital Markets Raw Trading Ltd
Updated: Sep 24, 2023

5 star IC Markets review by Giu, Switzerland

IC Markets is in my opinion the best broker you can find on the market at the moment. Their support is always online and really always superfast and helpful. Also, the spreads and order execution works flawlessly. Deposit and withdrawal also go smoothly. Weaknesses I see in the limits of the number of accounts that can be created. Unfortunately, even created accounts (demo) can no longer be deleted, so that you eventually get to the limit. All in all very recommendable!

What is the IC Markets?

IC Markets is an Australian forex broker established in 2007 and regulated by ASIC, CySEC, SCB (Bahamas), FSA (Seychelles), and FSCA (South Africa).

IC Market offers popular MT4, MT5, and cTrader trading platforms; all are available for desktops, web browsers, and mobile devices.

ICM Trading instruments include over 60 currencies, 10+ Cryptocurrencies, and over 1,600 CFDs including Gold, Silver, Stocks, Indexes, Bonds, and more.

ICMarket also offers VPS service, cAlgo FIX API, more than 20 MT4 add-ons and indicators, educational content, Myfxbook AutoTrade, ZuluTrade, and market analysis blog.

Please read IC Markets Reviews below and share live trading experiences with this broker.

2020-10-08:  CONSOB of Italy has issued a warning against and blocked internet access to Raw Trading LTD - ICMarkets.com.  CLICK HERE to verify.

January-February 2015:  A large number of suspicious and fake positive reviews have been submitted for IC Markets.

Other websites of this company include ICMarkets.com.au and ICMarkets.eu

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 500:1
Minimum to Open Live: $200
Established: 2007
Address: Level 4, 50 Carrington Street, Sydney, NSW 2000, NSW 2000, Australia
Contact: support@icmarkets.com, +61 (0)2 8014 4280
Regional offices:
Regulators: ASIC #AFSL No. 335692, SCB #SIA-F214, CySEC #362/18, FSA-S #SD018, FSCA #50715
Prohibited countries:
Trading platforms: MT4, MT5, cTrader, Trading Central
Web Trading: βœ… Yes
Mobile Trading: βœ… Yes

Trading Instruments

Currencies: (60+)
Cryptocurrencies: (10+) Bitcoin, Litecoin, Ethereum
CFD: (1600+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Bonds, Oil, Other Commodities

Trading Conditions

EAs/Robots: βœ… Yes
News Trading: βœ… Yes
Scalping: βœ… Yes

Managed Accounts & Social Trading

MAM: βœ… Yes
PAMM: ❌ No
ZuluTrade: βœ… Yes
Copy Trading: βœ… Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, AloGateway, B2B, Ecommpay, FasaPay, Ngan Luong, PayPal, PayToday, SafeCharge, SEPA (Single Euro Payments Area), Skrill, Trust Payments
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, AstroPay, Local Bank Transfers, Neteller, Ngan Luong, PayPal, Skrill, TrustPay
* Please check broker website for more information
3.571 • 2031 REVIEWS

Recent User Reviews of IC Markets

Dubai, United Arab Emirates,
Sep 12, 2023,
Registered user

Great experience with ICMarkets

Service use: Live Length of use: over 1 Year
I have been with ICMarkets for years so far. I'm very happy with the platform, especially the spread and leverage. Also, I had very good experience with them in both money deposit and withdrawal.

Sep 26, 2021 - 5 Stars I've been with ICMarkets since 2017. I liked their trades spread & execution. Very smooth process for Money deposit & Withdrawal. Planning to keep them as one of my main brokers.
TN, India,
Sep 6, 2023,
Registered user

Service use: Live Length of use: over 1 Year
I trust the IC market because of its low spread accounts and quick access to its customer support.
Sisira Jayawardana
sri Lanka, Sri Lanka,
Sep 2, 2023,
Registered user

IC Market

Service use: Live Length of use: over 1 Year
IC market giving good customer support, Low latency time, Free VPS , 20 Accounts per profile , various instrument , Low spreads .
Cairo, Egypt,
Aug 29, 2023,
Registered user

Quick and informative

Service use: Live Length of use: over 1 Year
Customer services are available around the clock, very quick, polite and informative.
Trading conditions are superior
Withdrawals are smooth
All in all, I like it.
Canada, Canada,
Aug 28, 2023,
Registered user

Arrogant & Unprofessional

Service use: Live Length of use: over 1 Year
Reluctant to answer your questions if you are from Asia, especially from China, while you are requesting Live Support by using English.
Reply by IC Markets submitted Sep 8, 2023:
Dear fallenleaf,

We apologize if you felt your customer service experience was not of the high quality you would expect from IC Markets, your feedback has been passed on.

You may reach out to our Global Support team with 24/7 for any assistance you require.

Kind Regards,
IC Markets Team
West Vlaanderen, Belgium,
Aug 24, 2023,
Registered user

reliable broker

Service use: Live Length of use: over 1 Year
I have been trading with this broker for over 3 years. Replenishing a deposit is very fast and it can only take 1 minute. Withdrawal of money takes me 2 days. Customer support is fast and accurate
kampala, Uganda,
Aug 24, 2023,
Registered user

They offer the best of everything,spreads,customer care, lowest commission.

Service use: Live Length of use: over 1 Year
very excellent support, fast response times. the best spreads even during major news release. i would highly recommend.
France, France,
Aug 20, 2023,
Registered user

2 years of satisfaction

Service use: Live Length of use: over 1 Year
Been trading with IC Markets for nearly 2 years. Fast service and good platform, internal transfers are fast and handy.
Great customer service, had no issues with them unlike other brokers.
Morocco, Morocco,
Aug 17, 2023,
Registered user

One of the best brokers I've ever used

Service use: Live Length of use: over 1 Year
This broker is by far one of the best ones I used for the last 6 years or more. Never had a problem with them. Withdraw is fast. I hope they add crypto deposit and withdrawal.
Trading Frog
NSw, Australia,
Aug 16, 2023,
Registered user

Open live chat contacted support and they are very helpful

Service use: Live Length of use: over 1 Year
My account had some old bank account details, not sure how to remove it. Connected live chat support turn out just need to email account team.

Very helpful and quick response.

Also, price feed for IC Market are very good. I do have account with other broker, where some trades got spike out in other broker, in IC Market price was not showing those spike. So I compare other big broker like from fund account IC Market are the same with them.

Highly recommanded IC Market if you are concern about price manipulations!!
Page 1 of 214

Frequently Asked Questions

πŸ‘‰ What is the minimum deposit for IC Markets?

​IC Markets minimum deposit is $200 USD for all available account types.

πŸ‘‰ Is IC Markets a good broker?

The the best way to answer if IC Markets is a good broker is to read the unbiased traders reviews on Forex Peace Army. https://www.forexpeacearmy.com/forex-reviews/8264/icmarkets-forex-brokers.

Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.

Additionally, we'd recommend to check recent IC Markets community discussions: https://www.forexpeacearmy.com/community/tags/icmarkets/

πŸ‘‰ Does IC Markets have negative balance protection?

IC Markets does not offer Negative Balance Protection and your loss may exceed your account balance.

However, to try to protect you from situations like this, IC Markets accounts have stop-out level set at 50%.

This means that when margin falls below this level the system will start closing positions automatically.

In nearly all cases this should prevent the account balance going negative.

πŸ‘‰ Where is IC Market based and where are its servers located?

IC Markets headquarters are based at Level 4, 50 Carrington Street, Sydney, 2000 NSW, Australia.

IC Markets Trading servers are located at the Equinix data centers in New York and London also known as home of multiple exchanges and trading platforms.

πŸ‘‰ Is IC Market regulated?

IC Markets holds regulatory licenses from:

  • ASIC in Australia (AFSL No. 335692)
  • Securities Commission of the Bahamas (SIA-F214)
  • CYSEC in Cyprus (362/18)
  • Seychelles Financial Service Authority (SD018)
  • South African Financial Sector Conduct Authority (50715)

πŸ‘‰ Does IC Markets allow scalping?

IC Markets welcomes all trading styles including:
  • Scalping
  • News trading
  • Hedging.