IC Markets Review

Comprehensive analysis and detailed insights about IC Markets - Australia's leading forex broker with raw spreads, institutional-grade execution, and advanced trading platforms.

IC

IC Markets Review

4.7/5 Overall Rating
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Basic Information

Established
2007
Regulation
ASIC, CySEC, FSA
Min Deposit
$200
Max Leverage
1:500
Spreads From
0.0 pips
Instruments
2300+

User Rating Breakdown

Trading Platform
4.7
Customer Service
4.3
Spreads & Costs
4.8
Regulation & Safety
4.6
Deposit & Withdrawal
4.5

Advantages

  • Raw spreads from 0.0 pips
  • Lightning-fast execution (sub-millisecond)
  • Multiple platforms: MT4, MT5, cTrader
  • Strong regulatory oversight (ASIC, CySEC)
  • Institutional-grade infrastructure
  • Over 2300 trading instruments

Disadvantages

  • Higher minimum deposit ($200)
  • Limited educational resources
  • Complex for beginner traders
  • Commission-based pricing on raw accounts

Trading Experience Analysis

IC Markets provides access to MetaTrader 4, MetaTrader 5, and cTrader platforms, offering professional traders the most advanced trading environments available. The broker's True ECN execution model ensures direct market access with no dealing desk intervention.

The execution quality is exceptional with servers located in Equinix data centers in New York and London, providing ultra-low latency connections to major liquidity providers. This infrastructure enables sub-millisecond execution speeds and minimal slippage.

99.9%
Order Execution
<1ms
Avg Execution Speed
100%
No Requotes

Payment Methods

Method Min Deposit Processing Time Fees
Credit/Debit Card
$200 Instant Free
Bank Transfer
$200 1-3 days Free
PayPal
$200 Instant Free
Skrill/Neteller
$200 Instant Free

Trading Instruments

IC Markets offers an extensive range of over 2,300 trading instruments across multiple asset classes, providing traders with comprehensive market access and diversification opportunities.

Forex Pairs
Major Pairs 7
Minor Pairs 21
Exotic Pairs 35+
Commodities
Precious Metals 4
Energy 3
Agriculture 12
Indices
US Indices 6
European 8
Asia-Pacific 5
Stocks & Bonds
US Stocks 2100+
European Stocks 150+
Government Bonds 10

Fees, Spreads & Commissions

IC Markets offers competitive pricing across multiple account types, with raw spread accounts featuring commission-based pricing and standard accounts with mark-up spreads.

Raw Spread Account
EUR/USD Spread From 0.0 pips
GBP/USD Spread From 0.1 pips
Gold Spread From 0.13 pips
Commission $3.5 per lot
Standard Account
EUR/USD Spread From 1.0 pips
GBP/USD Spread From 1.5 pips
Gold Spread From 2.8 pips
Commission $0
Additional Costs
Withdrawal Fee Free
Inactivity Fee $10/month (after 6 months)
Overnight Interest Variable
Currency Conversion 0.5%

Customer Support

IC Markets provides comprehensive multilingual customer support with multiple contact channels and extended service hours to assist traders worldwide.

Service Hours
Live Chat 24/5
Email Support 24/7
Phone Support Business Hours
Languages
English Chinese Spanish Arabic Italian German
Contact Channels
Live Chat (Priority)
Email Support
Phone Support
Support Quality Rating
Response Time
Excellent
Knowledge Level
Outstanding
Problem Resolution
Very Good

Overall Rating & Verdict

4.7
out of 5

IC Markets is perfect for professional and experienced traders who demand the tightest spreads, fastest execution, and institutional-grade trading conditions. While not ideal for beginners, it offers unmatched value for serious traders.

Best for Professional Traders
Raw Spreads
Advanced Platforms

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