IC Markets

Sydney, Australia · since 2007

ASIC CySEC FSA

One of the largest ECN brokers: MT4/MT5/cTrader and some of the tightest raw spreads on the market.

EDITORIAL SCORE

4.3

Deposit from: $200

Platforms: MT4, MT5, cTrader, WebTrader

＋ Strengths

Regulated by ASIC + CySEC
MT4, MT5, and cTrader all available
Very tight raw spreads, deep liquidity

— Limitations

Retail outside the EU/AU is served through an offshore entity (Seychelles)
No Bank of Russia license

How the score breaks down

Functionality · weight 35% 4.6

Platforms: MT4, MT5, cTrader, WebTrader. Forex (61+ pairs), indices, commodities, bonds, stocks, futures, crypto CFDs

Transparency · weight 25% 4.0

Regulation: ASIC (Australia, AFSL 335692), CySEC (Cyprus, 362/18), FSA (Seychelles, SD018). Retail clients outside the EU/AU are served through the offshore Seychelles entity Raw Trading Ltd (SD018) — weaker protection than ASIC/CySEC.

Entry barrier · weight 25% 3.9

Min. deposit: $200. Account types: Standard, Raw Spread (MT), Raw Spread (cTrader).

Cost of ownership · weight 15% 4.5

Raw Spread: from 0.0 pips + ~$3.5/lot per side; Standard: from 0.8 pips with no commission. Raw Spread MT: $3.5 per lot per side ($7 round-turn); cTrader: $3.0 per $100k per side

Verifiable facts

Each value links to its primary source.

Headquarters Sydney, Australia

Founded 2007

Regulators & licenses ASIC (Australia, AFSL 335692), CySEC (Cyprus, 362/18), FSA (Seychelles, SD018) icmarkets.eu ↗

Min. deposit $200 icmarkets.eu ↗

Platforms MT4, MT5, cTrader, WebTrader

Account types Standard, Raw Spread (MT), Raw Spread (cTrader)

EUR/USD spread Raw Spread: from 0.0 pips + ~$3.5/lot per side; Standard: from 0.8 pips with no commission icmarkets.eu ↗

Commission Raw Spread MT: $3.5 per lot per side ($7 round-turn); cTrader: $3.0 per $100k per side icmarkets.eu ↗

Instruments Forex (61+ pairs), indices, commodities, bonds, stocks, futures, crypto CFDs icmarkets.eu ↗

Fund segregation & protection Retail clients outside the EU/AU are served through the offshore Seychelles entity Raw Trading Ltd (SD018) — weaker protection than ASIC/CySEC. icmarkets.eu ↗

⚠️ Terms may change — verify on the broker's website. Regulation may be offshore and may not cover clients from every country. Trading carries a risk of capital loss. Not investment advice.

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