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IC

IC Markets Review

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Raw-spread ECN broker with ultra-low commissions and deep liquidity ÔÇö a favourite among scalpers and algo traders.

ASIC CySEC FSA MT4 MT5 cTrader
Trust snapshot
9
Excellent
ClanX editorial trust score / 10

Strong trust profile based on regulation coverage, product transparency, and overall trading fit.

Min Deposit
$200
Max Leverage
1:500
Spread View
From 0.0 pips (Raw)
Platforms
3 listed
Trust 9/10 Editorial view, not a guarantee

Quick verdict

IC Markets looks best suited to traders who care about lower starting balances, spread-sensitive strategies. Use this review to check regulation, platform availability, and account structure before you open anything live.

Who this broker may suit
Lower starting balances Spread-sensitive strategies Platform-focused active traders
Before clicking out
  • Higher leverage can amplify losses as quickly as gains.
  • Confirm which regulator covers your specific region and account entity.
  • Compare account types, commissions, and spread structure before choosing an offer.

Review methodology

How we review brokers

ClanX broker reviews are meant to help traders make better decisions, not to push a broker at any cost.

We frame trust around regulation signals, platform access, account structure, and the practical fit for retail forex and CFD traders.

Affiliate links may be present, but sponsored placement does not replace due diligence. Always confirm the legal entity and terms that apply to your region.

Reviewed by ClanX Trading Last updated: Apr 13, 2026 24 outbound visits in the last 30 days

Pros and cons

Use this with the trust and regulation sections, not on its own.

Pros

  • Spreads from 0.0 pips on majors
  • Fast execution ÔÇö avg 40ms
  • Regulated by ASIC and CySEC
  • Supports cTrader, MT4 and MT5
  • Low $200 minimum deposit

Cons

  • No fixed spreads option
  • No proprietary platform
  • Limited educational resources

Trust and regulation

3 regulators listed

Regulation does not make a broker risk-free, but it is one of the strongest first-pass signals traders can verify.

Regulator Jurisdiction License No.
ASIC Australia ACN 123 289 109
CySEC Cyprus 362/18
FSA Seychelles SD018

Platform and account structure

Useful for deciding fit before funding
Platforms
MT4 MT5 cTrader
Account types
Standard Raw Spread cTrader
Asset classes
Forex Indices Commodities Crypto Stocks Bonds
Key features
True ECN / No Dealing Desk VPS Hosting Available MAM / PAMM Accounts FIX API Access Negative Balance Protection

About IC Markets

IC Markets is one of the world's largest True ECN brokers, consistently ranking at the top for raw spreads and execution speed. Based in Australia and regulated by ASIC and CySEC, the broker is trusted by retail and institutional traders globally.

The broker offers access to over 2,250 instruments across Forex, Indices, Commodities, Cryptocurrencies, Stocks and Bonds through the MetaTrader 4, MetaTrader 5 and cTrader platforms.

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