IC Markets
4.5/5

IC Markets

✔ Low forex fees ✔ Easy and fast account opening
Visit site
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Home » IC Markets

IC Markets is based in Australia and has a global presence that makes it one of the best forex and CFD trading brokers in the world.

Pros
  • Raw spreads starting from 0.0 pips.
  • Powerful trading platforms, including the MT4 and MT5.
  • No transaction charges.
  • Unrivalled 24/7 customer service.
Cons
  • Over 850 instruments to trade, which we consider limited compared to its peers.
  • Investor protection favours EU clients.

It was founded in 2007 and has offices across various regions globally. This also means that it has tier-one regulators overseeing its activities, including the Cyprus Securities and Exchange Commission (CySEC) in Cyprus and the Financial Services Authority (FSA) in Seychelles.

IC Markets
IC Markets
IC Markets
IC Markets
IC Markets
IC Markets
IC Markets
IC Markets

IC Markets – Who Are They?

IC Markets is a forex CFD broker that has created one of the best trading platforms for traders globally. This includes having great customizability features and supporting various global languages. 

The broker has cutting-edge trading platforms, including the cTrader, MT4 and MT5. These platforms are perfect for traders looking for advanced trading tools and features for their skill development and market analysis. It also has a mobile app that performs exceptionally well with fast trade order execution speed on all mobile devices.  

IC Markets review

IC Markets has two account types, both which have seamless account opening procedures. Its demo account has virtual funds for experimenting how trading is conducted until you are ready to trade in the real financial markets. This means that the demo account has no expiry date. 

The live trading account requires extra focus since you will be trading with real money. You need to deposit at least $200 in your trading account to enjoy the incredible features of this broker. Making deposits is also allowed in 10 major currencies free of charge. Withdrawal and Inactivity fees are also not applied, allowing you to trade at a low budget.

Compare IC Markets With Other Brokers

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IC Markets logo
Visit site
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
$200
Bank Wire Transfer, Credit cards, Neteller, Paypal, Skrill
1.0 pips
1 pips
1.0 pips
1.0 pips
1 point
MetaTrader 4, MetaTrader 5, cTrader
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up to €20,000
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61
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30
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eToro logo
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Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
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0.1%
0.1%
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eToro Proprietary Platform
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Yes
Yes (up to $115,793)
2044
47
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Plus500 logo
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Risk Warning
77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
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$100
Bank Wire Transfer, Credit cards, Paypal, Skrill
Spreads apply*
Spreads apply*
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Plus500 Webtrader
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4 (CFDs only)
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Risk Warning
69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
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0.11%
From 0.7 pips
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From 0.3 pips
MetaTrader 4
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Yes
Yes (up to $115,793)
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13

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Our Opinion About IC Markets

From our multiple tests and reviews, we believe that IC Markets is safe to trade with since it has global authorities regulating it. Trader's funds are also kept in a segregated account, guaranteeing money back if the broker becomes insolvent. 

We like the availability of research tools on IC Markets. This includes excellent technical and charting tools, quality news flow, and trading ideas to help you create the best strategy. Additionally, newbies will love the learning content found on this broker, including recorded videos, articles, live tutorials, webinars, and more. 

It’s worth noting that IC Markets also has outstanding customer service. With a highly experienced team, you are guaranteed fast response and relevant answers or solutions if you encounter trading issues. What’s more, the support service is reachable across three communication channels — phone, email, and live chat.

Lastly, The broker allows automated trading, hence fast order execution speed on trades. Scalping and hedging are also allowed at low spreads. Therefore, while it is primarily recommended to advanced traders, newbies can also try it since it doesn’t have high trading charges. 

Thadeus Geodfrey
Thadeus Geodfrey

is a copywriter with extensive experience in trading. Thadeus knows exactly his field and what he writes about. His goal is to make life easier for traders and provide them with important information about brokers. Now, he continues to be active in trading and researching brokers for you.

There is no need to doubt his experience because the guides Thadeus writes speak for themselves. He knows exactly what to draw your attention to and will tell you truthfully about each trading platform.

IC Markets Details

Licences
OnlineTrading.Reviews Rating:
✔ Low forex fees
✔ Easy and fast account opening
Visit site
Risk Warning
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
4.0
Customer support
4.0
Commissions & Fees
4.0
Platform & Tools
4.0
Research
4.0 Overall Rating

7 Replies to “IC Markets”

  • Jan says:

    I have had a great trading experience with IC Markets. I got to know about this broker two years ago and created my demo account with them. I liked the demo trading experience and went live with them. I got to make some decent returns!

  • stephen says:

    It is my first try
    I want IC Markets would help me make some money…

    • Robert Watson says:

      Traders are driven by emotions rather than logic. It’s nothing wrong to have emotions but acting according to how you’re feeling can make you regret for a lifetime.

      Professionals know that this is a business, they work and think accordingly!

  • Nick says:

    IC Markets is a good broker, nice and easy to set up and you can have a demo account as you need to practice!

  • Albert Shawz says:

    I am using IC Markets for almost 3 years now. Very good charting software you can do tons and tons of strategy. With a combination of indicator, price action volume, and volatility. Easy to use and user-friendly. I have almost tried and tested 30 strategies and finally selected a few for trading.

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