IC Markets Review 2026: Fees, Spreads & Safety
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Quick verdict
Is IC Markets a good broker?
A multi-entity raw-spread broker built for active traders, with MetaTrader, cTrader and TradingView access. The applicable leverage and investor protection depend on the legal entity assigned at onboarding. Brokeradar gives IC Markets an editorial score of 4.4 out of 5, based on the pricing, platform, support and security data currently recorded in our research.
Brokeradar editorial score: 4.4 out of 5. How we calculate scores
Best for
- ✓ Raw pricing from 0.0 pips with clearly published commissions
- ✓ MT4, MT5, cTrader and TradingView
- ✓ Multiple regulated entities across Australia, Cyprus, Seychelles, the Bahamas and Kenya
Consider first
- • Highest leverage applies only to the offshore entity and falls as exposure increases
- • No statutory compensation scheme for most international clients
- • Past CySEC enforcement must be weighed alongside the current licences
IC Markets fees and charges
IC Markets's advertised spreads start from 0.0 pips according to our dataset. Your actual cost depends on the account type, instrument, market conditions and the legal entity that serves you. A zero or raw spread account can still charge a per-lot commission, while standard accounts usually include more of the cost in the spread.
Spreads are variable and do not include every possible commission, swap, conversion or payment-provider charge. Confirm the complete fee schedule for the entity serving your country before funding an account.
| Item | Recorded value |
|---|---|
| Published spread from | 0.0 pips |
| Inactivity rule | None published |
| Account base currencies | USD, AUD, EUR, GBP, SGD, NZD, JPY, CHF, CAD, HKD |
| Deposit methods recorded | Bank transfer, Cards, PayPal, Skrill, Neteller |
Last checked November 2, 2026. Figures are as published by IC Markets or recorded in the Brokeradar dataset and can change; see sources.
IC Markets account types, spreads and commissions
Our dataset records the following account tiers for IC Markets. Figures are as recorded at our last data update and can differ by entity.
| Account | Minimum | EUR/USD spread | Commission | Leverage |
|---|---|---|---|---|
| Standard | No fixed minimum | From 0.8 pips | $0 | Entity dependent |
| Raw Spread | No fixed minimum | From 0.0 pips | $3.50 per side | Entity dependent |
| cTrader Raw | No fixed minimum | From 0.0 pips | $3 per USD 100K per side | Entity dependent |
Last checked November 2, 2026. Figures are as published by IC Markets or recorded in the Brokeradar dataset and can change; see sources.
Is IC Markets safe and regulated?
Our dataset lists ASIC, CySEC, FSA Seychelles, SCB Bahamas, CMA Kenya. A brand can operate through several legal entities with different leverage limits, compensation arrangements and client protections. A licence held by one entity does not automatically protect every customer worldwide.
Operating model recorded: Raw-spread market execution. Investor protection recorded: Entity dependent.
- Countries recorded as restricted: United States, Canada, New Zealand, Iran, North Korea
| Legal entity | Regulator / status | Licence or registration | Jurisdiction | Verification note |
|---|---|---|---|---|
| International Capital Markets Pty Ltd | ASIC | AFSL 335692 | Australia | Confirmed from an official source |
| IC Markets (EU) Ltd | CySEC | 362/18 | Cyprus | Confirmed from an official source |
| Raw Trading Ltd | FSA Seychelles | SD018 | Seychelles | Confirmed from an official source |
| IC Markets Ltd | SCB Bahamas | SIA-F214 | Bahamas | Confirmed from an official source |
| IC Markets (KE) Limited | CMA Kenya | 199 | Kenya | Confirmed from an official source |
Licences and legal entities
IC Markets operates through the legal entities below. Your protections depend on the entity that opens your account, not the brand.
International Capital Markets Pty Ltd
Verified- Regulator
- ASIC
- Licence
- AFSL 335692
- Jurisdiction
- Australia
- Serves
- Australia
IC Markets (EU) Ltd
Verified- Regulator
- CySEC
- Licence
- 362/18
- Jurisdiction
- Cyprus
- Serves
- EEA
Raw Trading Ltd
Verified- Regulator
- FSA Seychelles
- Licence
- SD018
- Jurisdiction
- Seychelles
- Serves
- International clients outside restricted jurisdictions
IC Markets Ltd
Verified- Regulator
- SCB Bahamas
- Licence
- SIA-F214
- Jurisdiction
- Bahamas
IC Markets (KE) Limited
Verified- Regulator
- CMA Kenya
- Licence
- 199
- Jurisdiction
- Kenya
- Serves
- Kenya
What the headline figures refer to
- Spreads
- Raw Spread MetaTrader accounts publish spreads from 0.0 pips plus USD 3.50 per side.
- Leverage
- The 1:5000 headline applies to selected offshore accounts and reduces dynamically with exposure.
- Minimum deposit
- The current help centre states no fixed minimum; payment methods can impose their own minimum.
Last checked November 2, 2026. Figures are as published by IC Markets or recorded in the Brokeradar dataset and can change; see sources.
IC Markets trading platforms
The platforms recorded for IC Markets are MT4, MT5, cTrader, TradingView. Check platform availability for your account type and region before registering.
Last checked November 2, 2026. Figures are as published by IC Markets or recorded in the Brokeradar dataset and can change; see sources.
IC Markets FAQ
Is IC Markets regulated?
IC Markets lists ASIC, CySEC, FSA Seychelles, SCB Bahamas, CMA Kenya. Regulation and client protection depend on the exact legal entity in your agreement, so verify the entity and licence before depositing.
What is the minimum deposit at IC Markets?
The headline minimum recorded at our last check is No fixed minimum. The exact amount can vary by account type, payment method and country.
Which platforms does IC Markets offer?
IC Markets lists MT4, MT5, cTrader, TradingView. Platform and account availability can vary by region.
Does IC Markets accept US clients?
No. IC Markets's official material reviewed on 2026-11-02 lists the United States as restricted.
Sources and last checked
Last checked November 2, 2026. We verify entity and licence details against official broker pages and regulator registers, and record dataset figures separately where an official page could not be re-confirmed.
- IC regulation and entitieshttps://www.ic.com/en/company/regulation
- IC trading account overviewhttps://www.ic.com/en/trading-accounts/overview
- IC help centrehttps://www.ic.com/en/help-resources/help-centre
Official site: www.ic.com
Read our editorial policy and scoring methodology.