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IC Markets· 7.5/10 · RECOMMENDED
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BROKER REVIEWUpdated Jun 9, 2026 · 12 min read · by Daniel Whitmore
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IC Markets Review 2026.

IC Markets: Regulated by ASIC, CySEC, FSA Seychelles.

Daniel Whitmore
Reviewed & written by
Daniel Whitmore · Forex & CFD Specialist
ASIC · CySEC500K+ clients
Brokersroom Score
7.5/10
Our Verdict
RECOMMENDED
83% confidence
Rank in Index
#14 / 50
Mid-tier
Risk Warning
72.31%
lose money
Open AccountCompare alternativesRisk note: 72.31% 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.

AT A GLANCE

The facts, not the spin.

Min. deposit

$200

Live account. Demo is free.

Max leverage

1:30

Varies by account & entity.

Withdrawal time

1-3 days

First per month free.

EUR/USD Spread

From, not guaranteed

Inactivity fee

None

No inactivity fee

Total instruments

CFDs · stocks, forex, crypto

Active clients

500K+

Across the IC Markets group

REGULATION

ASICCySECFSA Seychelles

ASIC, CySEC, FSA Seychelles, SCB regulated. Client funds held in segregated accounts.

TRADING PLATFORMS

MT4MT5cTraderTradingView

Mobile apps for iOS + Android with one-tap account switching.

WHERE IC MARKETS WINS · WHERE IT LOSES

Pros & cons.
Severity-ranked, not just listed.

What we like

5 items
  • True ECN pricing with raw spreads from 0.0 pipsMajor plus
  • Deep liquidity from top-tier providersMajor plus
  • Excellent for scalping and high-frequency tradingNotable
  • Supports MT4, MT5, and cTraderNotable
  • Low commission of $3.50 per lotMinor

What we don't

5 items
  • Limited educational resourcesDealbreaker
  • Customer support can be slowMajor issue
  • No proprietary platformMajor issue
  • Primarily focused on forex, limited other assetsMinor
  • Not available in US and some EU countriesMinor

OUR VERDICT

OPEN AN ACCOUNT IF

  • True ECN pricing with raw spreads from 0.0 pips
  • Deep liquidity from top-tier providers
  • Excellent for scalping and high-frequency trading

LOOK ELSEWHERE IF

  • Limited educational resources
  • Customer support can be slow
  • No proprietary platform
BROKERSROOM SIGNAL · RECOMMENDED
7.5/10
Based on 6 categories · weighted
Regulation & trust8.0
Fees & spreads7.5
Platform & tools8.0
Range of markets7.0
Education & research6.5
Mobile experience8.5
Confidence in this verdict: 83%.

LIVE FEE COMPARISON

What you'll actually pay.

All-in cost to trade 1 standard lot of EUR/USD. Lower is better. We use spread + commission + overnight to get the real number — not the headline rate.

THIS BROKERIC Markets
7.5/10
$200
0.50
None
8.9/10
$0
0.10
None
8.7/10
$20
0.60
None
8.4/10
$0
0.50
None
8.4/10
$100
0.90
None
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Our take on IC Markets's pricing: The fee structure is competitive on some instruments, but not the cheapest in the market.

BROKERS WE'D PICK OVER IC MARKETS

Honest swap suggestions.
Same regulation. Better deal.

Yes, we may earn affiliate revenue if you open an account with any of these brokers. Our editorial picks are based on the same scoring criteria we apply to every broker we track. Commission rates never influence our rankings.

ALTERNATIVE 01Best for EU
I

Interactive Brokers

8.9

Same EU regulation, more instruments, lower fees. The obvious upgrade.

BETTER AT

Lower fees · More markets

ALTERNATIVE 02Rising Fast
C

Capital.com

8.7

Zero commission. More instruments. Bigger upside ahead per our forecast.

BETTER AT

Zero fees · Rising fast

ALTERNATIVE 03Social Trading
A

ActivTrades

8.4

If copy trading is your draw, the social network here is much larger.

BETTER AT

Better copy trading

Daniel Whitmore

Review Written By

Daniel Whitmore

Forex & CFD Specialist

Daniel Whitmore is a Forex & CFD Specialist at BrokersRoom and a former FX dealer. He tests brokers' real trading conditions from a dealer's-eye view — measured spreads, execution quality and total cost per lot — and writes the platform's forex and CFD broker reviews.

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