Read our brief overview of international forex broker, IC Markets before you trade.
Founded in 2007, IC Markets is one of the largest Forex and CFD providers worldwide, known for its low average spreads, competitive pricing and high-speed execution. Based in Sydney, Australia, it presents a good selection of account types and offers access to more than 3,500 tradable symbols, along with round-the-clock customer support.
On the other hand, the broker lacks its own proprietary trading platform and mobile app, has a high minimum deposit of $200 and its market research section is rather basic. In addition, IC Markets’ trader education could be improved, as it currently lacks any great detail, particularly with regards to informative articles on forex, stocks and cryptocurrencies.
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 | ✅ |
