Read our brief overview of international forex broker, IC Markets before you trade.
Established in 2007, IC Markets is widely recognised as one of the largest forex and CFD brokers in the world, renowned for its tight spreads, competitive pricing and fast trade execution. Headquartered in Sydney, Australia, the broker offers a choice of account types, access to over 3,500 tradable instruments, and 24/7 customer support, catering to both retail and professional traders alike.
That said, IC Markets does have some drawbacks. It lacks a proprietary trading platform or dedicated mobile app, relying instead on third-party software such as MetaTrader and cTrader. The broker’s minimum deposit requirement of $200 may also deter some beginners, while its research and educational materials remain relatively limited in depth. More comprehensive content, particularly in areas such as forex, stock and cryptocurrency analysis, would significantly enhance its offering.
Overall, IC Markets provides a robust and dependable trading environment with strong execution quality, although traders seeking extensive research tools or a custom-built platform may find its resources slightly underwhelming.
Company Name | IC Markets |
Established | 2007 |
Headquarters | Sydney, Australia |
Regulation | ASIC (Australia), CySEC (Cyprus), FSA (Seychelles) |
Trading Platforms | WebTrader, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader |
Account Types | Standard, Raw Spread, cTrader |
Account Currency | USD, EUR, GBP and more |
Tradable Instruments | Forex, Commodities, Indices, Stocks, Bonds, Cryptocurrencies |
Minimum Deposit | $200 |
Customer Support | 24/7 (Email, Phone, Live Chat) |
Additional Features
Feature | Availability |
Regulated Broker | ✅ |
Trading Contests | ❌ |
Mobile Trading | ✅ |
Educational Resources | ✅ |
Web-Based Platform | ✅ |
Research Tools | ✅ |
MetaTrader 4 (MT4) | ✅ |
MetaTrader 5 (MT5) | ✅ |
cTrader | ✅ |
Accept US Clients | ❌ |
Accept EU Clients | ✅ |
Swap-Free / Islamic Accounts | ✅ |
Copy Trading | ✅ |
Demo Accounts | ✅ |
Negative Balance Protection | ✅ |
Segregated Accounts | ✅ |
Virtual Private Servers (VPS) | ✅ |
24/7 Support | ✅ |
Inactivity Fees | ❌ |
Promotions | ✅ |
Hedging Allowed | ✅ |
