Broker research profile

IC Markets (IC)

50
40
30
20
10
Our rating
4.7 / 5
Operating since
2007

Standard and Raw Spread accounts connect to a broad trading-platform range.

IC Markets (IC)Forex
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Broker details

Standard and Raw Spread accounts connect to a broad trading-platform range.

Choosing an account: Standard / Raw Spread

Platforms in practice: MT4 / MT5 / cTrader / TradingView

Customer support
Excellent

24/7

Beginner usability
Medium
Interface quality
Medium
Operating since
2007
International entity office
Mahe, Seychelles (Raw Trading Ltd office)
International entity domicile
Seychelles
Minimum deposit
  • 0 USD · Standard / Raw Spread · Raw Trading Ltd
  • 200 EUR · EU accounts · IC Markets (EU) Ltd

Platforms

MetaTrader 4MetaTrader 5cTraderTradingViewIC MobileIC Social

Choosing an account

Standard / Raw Spread

Choosing an accountMinimum depositApplies to
Standard / Raw Spread0 USDRaw Trading Ltd
EU accounts200 EURIC Markets (EU) Ltd

Compare spread plus commission for the same account and platform; a lower spread alone is not a lower total cost.

Account types

  • Standard (MetaTrader)
  • Raw Spread (MetaTrader)
  • Raw Spread (cTrader / TradingView)
  • Raw Pro · early access
  • Raw Pro+ · early access

Islamic / swap-free

Available, subject to terms

  • Religious eligibility and approval apply. Standard/Raw spreads and commissions remain; conversion also affects other live accounts.

Platforms in practice

MT4 / MT5 / cTrader / TradingView

Desktop MetaTrader supports Expert Advisors; mobile and browser tools are not equivalent automation environments.

Costs

MetaTrader / Raw Spread

Raw Trading Ltd

Advertised minimum · Spread
0 pips Average spread: 0.1 pips
Commission
3.5 USD / lot · per side

Standard

Raw Trading Ltd

Advertised minimum · Spread
0.8 pips
Commission
0 USD / lot · per side

cTrader / TradingView Raw

Raw Trading Ltd

Advertised minimum · Spread
0 pips
Commission
3 USD / 100,000 USD · per side

Advertised minimum spreads are not average or live spreads.

Other costs and conditions

Compare spread plus commission for the same account and platform; a lower spread alone is not a lower total cost.

IC Markets (IC) · Other costs and conditions
Account inactivity fee0 USD
Not charged by the broker.Applies to: Raw Trading Ltd
Currency conversionNot confirmed
Deposit / withdrawal chargesNot confirmed
Overnight / holding costsVariable; depends on instrument and holding period.
Platform / data / custodyNot confirmed

Opening and funding

Apply with the broker, complete its identity checks, then select account, currency and payment method. Opening and payment minimums are separate.

Broker processing is distinct from bank or blockchain settlement. No universal arrival time is confirmed.

Account entity and protection

The contracting company determines applicable safeguards. Group licences are not interchangeable; the onboarding entity is not confirmed here.

Segregation, negative-balance protection and compensation eligibility have not been confirmed for every account entity.

Questions about IC Markets (IC)

How do Standard / Raw Spread differ at IC Markets (IC)?

Standard / Raw Spread: 0 USD (Raw Trading Ltd); EU accounts: 200 EUR (IC Markets (EU) Ltd) Compare spread plus commission for the same account and platform; a lower spread alone is not a lower total cost.

Can I use MT4 / MT5 / cTrader / TradingView with IC Markets (IC)?

MT4 / MT5 / cTrader / TradingView. Desktop MetaTrader supports Expert Advisors; mobile and browser tools are not equivalent automation environments.

Instruments and assets

Product comparedForex
Instrument typeCFDs
ForexIndicesMetalsEnergyBondsCryptoShare CFDsETF CFDsDerived indices

Leverage

Leverage depends on entity, instrument and account.

Forex

Up to 1:5,000

Standard / Raw Spread · Raw Trading Ltd

  • Position size ≤ 25 lot
  • Outside higher-margin periods

Metals

Up to 1:2,000

Standard / Raw Spread · Raw Trading Ltd

  • Position size ≤ 25 lot
  • Outside higher-margin periods

Indices

Up to 1:200

Standard / Raw Spread · Raw Trading Ltd

Energy

Up to 1:500

Standard / Raw Spread · Raw Trading Ltd

Bonds

Up to 1:200

Standard / Raw Spread · Raw Trading Ltd

Crypto

Up to 1:500

Standard / Raw Spread · Raw Trading Ltd

  • Position size ≤ 49.99 lot
  • Outside higher-margin periods

The practical details.

Terms vary by legal entity, account and payment method.

Deposits

USDTVisaMastercardPayPalSkrillNetellerUnionPayBank transferBpayFasaPayPoliCryptoVietnamese Internet Banking

Deposit processing

  • USDT · Processing time: Instant
  • Online methods · Processing time: Instant
    • Indicative estimate
  • Bank transfer · Arrival time: 3–5 business days

Withdrawals

USDTBank transferDebit / credit cardNetellerSkrillE-walletsCryptoLocal payment methods

Withdrawal processing

  • USDT · Processing time: Normally within 1 business days
  • Eligible requests · Processing time: Up to 1 business days
  • Other requests · Processing time: Up to 1 business days

Restricted countries

United StatesCanadaIranNorth Korea

User reviews

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Jurisdiction and licences

Raw Trading Ltd

Jurisdiction
SC
Regulator
FSA Seychelles
Licence or registration
SD018Financial licence
  • Separate legal entity; permissions do not cover every group account.

IC Markets (EU) Ltd

Jurisdiction
CY
Regulator
CySEC
Licence or registration
362/18Financial licence
  • Separate legal entity; permissions do not cover every group account.

International Capital Markets Pty Ltd

Jurisdiction
AU
Regulator
ASIC
Licence or registration
335692Financial licence
  • Separate legal entity; permissions do not cover every group account.

IC Markets Ltd

Jurisdiction
BS
Regulator
SCB
Licence or registration
SIA-F214Financial licence
  • Separate legal entity; permissions do not cover every group account.

IC Markets (KE) Limited

Jurisdiction
KE
Regulator
CMA Kenya
Licence or registration
199Financial licence
  • Separate legal entity; permissions do not cover every group account.