AustraliaSummary
IC Markets, founded in Sydney in 2007, is one of the largest forex brokers in the world by volume. Its speciality: raw spreads from 0.0 pip and execution built for scalping and trading robots.
Unbeatable on costs for scalping, as long as you check your account's entity.
Accounts and fees
Raw Spread account: raw spread from 0.0 pip + $3.50 per lot per side on MT4/MT5 ($3 on cTrader). A commission-free Standard account is also available. The minimum deposit depends on the entity that opens your account.
Platforms and markets
MT4, MT5, cTrader and TradingView. A broad CFD range: forex, indices, commodities, shares, bonds and crypto.
Trading conditions
| Regulation | ASIC, CySEC, FSA (Seychelles), SCB (Bahamas), CMA (Kenya) |
|---|---|
| Minimum deposit | Depends on the entity (often $200) |
| Cost | Raw Spread account: from 0.0 pip on EUR/USD |
| Commission | $3.50 per lot per side on MT4/MT5, $3 on cTrader |
| Platforms | MT4, MT5, cTrader, TradingView |
| Markets | Forex, indices, commodities, shares, bonds, crypto (CFDs) |
| Leverage / margin | 1:30 on major pairs (EU, UK, Australian retail clients); higher through non-EU entities |
Data checked in October 2026 on the broker's official website and specialist reviews. Fees and conditions can change: check them before opening an account.
Strengths and weaknesses
Strengths
- Among the lowest raw spreads
- Fast execution suited to EAs
- 4 platforms
- Very large volumes
Weaknesses
- Some clients are attached to offshore entities
- CFDs only
Who is it for?
A good fit if you…
- Scalpers and robots (EAs)
- High volumes
- cTrader users
Avoid if you…
- Want a top-tier European regulator for every client (many accounts are opened outside the EU)
Score breakdown
Five criteria rated out of 10: real fees (spread and commission), strength of regulation, platforms, choice of markets and overall experience (track record, account opening, tools).
FAQ IC Markets
Is IC Markets regulated?
Yes, by ASIC (Australia) and CySEC (Europe), plus lighter regulators depending on the country.
What commission on the Raw account?
$3.50 per lot per side on MT4/MT5, i.e. $7 round turn, and $3 per side on cTrader.
CFDs and futures are leveraged products: most retail accounts lose money. Only trade money you can afford to lose.
