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IC Markets Review

Best For: Algorithmic EA Trading
ASICCySECFSA SeychellesSCB
FR

Written By

ForexRater Editorial Team

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

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

Last Updated: May 2026
4.7
Overall Score
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Raw spreads from 0.0 pips — no markupsExpires: Ongoing
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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

After a rigorous 300-point inspection, our audit team has concluded that IC Markets stands as a formidable contender in the global brokerage landscape. Their commitment to regulatory compliance, evidenced by their licenses from ASIC, CySEC, FSA Seychelles, provides the high regulatory standards that modern traders demand.

We were particularly impressed by their execution speeds, which averaged 35ms in our latency tests—ranking them in the top tier for high-frequency and algorithmic strategies. The MT4 platform offers a seamless blend of analytical depth and user-friendly design.

Regulation
Tier-1 Secured
Speed
35ms
4.7/ 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.