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IC Markets Review

Best For: Algorithmic EA Trading
ASICCySECFSA SeychellesSCB
FR

Written By

ForexRater Research Team

Data-driven broker comparison · Independently tested · No paid rankings

Reviewed against our published methodology →

Reviews represent the editorial opinion of ForexRater and are not personal financial advice.

Last Updated: May 2026
4.6
Overall Score
Editorial base 4.7 − regulatory adjustment 0.1 = 4.6
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Audit Scorecard

Safety & Regulation4.4 / 5.0
Costs & Fees4.5 / 5.0
Platform & Tools4.6 / 5.0
Customer Support4.6 / 5.0
Education & Research4.9 / 5.0

Our Verdict

IC Markets is assessed here on its regulatory licences, published trading costs, platform range and account terms. Its licences from ASIC, CySEC, FSA Seychelles are the primary safeguard for client funds — check each licence number on the regulator's own register before depositing.

IC Markets advertises execution of 35ms and offers MT4. That execution figure is the broker's own published claim, not a speed we have measured — real fills vary with account type, session liquidity and news conditions.

Regulation
Tier-1 Secured
Speed
35ms
4.6/ 5.0
Highly Recommended
Based on 300+ data points

Pros & Cons

The Good

  • Raw ECN Pricing
  • High Leverage
  • Exceptional Support

The Bad

  • Limited Stock CFDs
  • Web platform is basic

Live Newsroom & Updates

No recent updates found.

Quick Stats

Min Deposit$200
Max Leverage1:500
Min Spread0.0 pips (Raw)
Exec Speed35ms
Avg Slippage0.05 pips
Deposit FeeFree
Withdrawal FeeFree
PlatformsMT4, MT5, cTrader
RegulationASIC, CySEC, FSA Seychelles, SCB
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74-89% of retail traders lose money

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Risk Warning

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.