IC Markets
ASIC, CySEC, FSA, SCB · MT4, MT5, cTrader, TradingView
About this broker
IC Markets was founded in Sydney in 2007 and operates through several entities: IC Markets (Australia) under ASIC, IC Markets (EU) under CySEC, and IC Markets Global in the Seychelles under the FSA. Which one holds your account decides your leverage cap and what compensation scheme, if any, covers it.
The account types differ in how they charge rather than in what they give you. Raw Spread carries a commission per lot with spreads that start near zero; Standard has no commission and wider spreads. Both reach the same liquidity.
They support MT4, MT5 and cTrader, which is a wider spread of platforms than most brokers offer.
Commonly cited
- Popular with scalpers and EA traders for the Raw Spread commission structure
- Leverage differs sharply between the Australian and Seychelles entities
- One of the few brokers offering cTrader alongside both MetaTraders
Written by us, not by IC Markets. We are paid a rebate on the volume you trade there, which funds the free VPS — so read this as a description rather than a recommendation. We do not score brokers and we are not authorised to advise you on which to choose. Everything above can be checked on their own site or with the regulator named.
We are paid a rebate by this broker. That is how the free VPS is funded, and it is worth knowing before you read the reviews below. We do not rate brokers ourselves, and we do not remove a review for being unfavourable — only for being abusive, off-topic or unverifiable.
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