Quick Overview & Key Specifications
| Feature | Details |
|---|---|
| Established | 2007 |
| Headquarters Location | Sydney, Australia |
| Regulation | ASIC (AFSL No. 335692), CySEC (License No. 362/18), FSA Seychelles (License No. SD018) |
| Broker Type | ECN / Raw Spread |
| Maximum Leverage | Up to 1:1000 (Offshore) / 1:30 (ASIC/CySEC) |
| Minimum Deposit | From $200 |
| Minimum Spread | From 0.0 pips |
| Platforms Supported | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, IC Social, TradingView |
| Tradable Instruments | 61+ Forex Pairs, 2,100+ Stock CFDs, 25+ Indices, Spot Metals, Energies, Commodities, 20+ Digital Currency CFDs, Bonds |
| Customer Support | Multilingual 24/7 (Live Chat, Phone, Email) |
Pros and Cons
| Pros | Cons |
|---|---|
| • High-tier regulation under ASIC and CySEC with segregated client funds • Extremely low Raw Spreads starting from 0.0 pips with deep ECN liquidity • Ultra-fast execution speeds averaging under 40 milliseconds • Comprehensive suite of trading platforms (MT4, MT5, cTrader, TradingView) • No internal deposit or withdrawal fees charged by the broker • Advanced social and copy trading integration via IC Social, ZuluTrade, and Myfxbook |
• Higher initial minimum deposit ($200) compared to micro-cent competitors • Regional restrictions prevent services in the US, Canada, and specific jurisdictions |
Regulation & Security of Funds
- Regulatory Authorities: International Capital Markets Pty Ltd is authorized by ASIC (AFSL No. 335692). IC Markets (EU) Ltd is regulated by CySEC (License No. 362/18). Global operations are managed via Raw Trading Ltd regulated by FSA Seychelles (License No. SD018).
- Client Protection Features:
- Negative Balance Protection: Protects retail clients from incurring liabilities beyond their account equity.
- Segregated Accounts: All client funds are held in segregated trust accounts at AA-rated Australian financial institutions.
- Independent Auditing: Regular external audits to ensure compliance with financial accounting standards.
Account Types Comparison
| Account Type | Target Trader | Min. Deposit | Max Leverage | Spreads | Commission |
|---|---|---|---|---|---|
| Raw Spread (cTrader) | Day Traders & Scalpers | $200 | Up to 1:1000 | Raw from 0.0 pips | $3.00 per side / lot |
| Raw Spread (MT4/MT5) | EAs & High-Volume Scalpers | $200 | Up to 1:1000 | Raw from 0.0 pips | $3.50 per side / lot |
| Standard | Discretionary & Everyday Traders | $200 | Up to 1:1000 | Standard from 0.8 pips | No |
| Islamic | Swap-Free Requirement Traders | $200 | Up to 1:1000 | Raw / Standard options | Flat financing fee applies |
Tradable Markets & Financial Instruments
- Forex: 61+ major, minor, and exotic currency pairs with raw spreads from 0.0 pips.
- Stock CFDs: Over 2,100 high-liquidity equity CFDs across US, European, and Australian markets.
- Indices: 25+ global stock market indices including ASX200, S&P 500, NASDAQ 100, and GER40.
- Commodities & Energies: Spot Gold, Silver, Palladium, Platinum, Brent Oil, WTI Crude, and Natural Gas.
- Digital Currency CFDs: 20+ major cryptocurrency CFDs available 7 days a week.
- Bonds & Futures: Global government bonds and index futures with zero commissions.
Trading Platforms & Technology
- MetaTrader 4 (MT4): Classic trading infrastructure enhanced with Advanced Trading Tools and ECN pricing.
- MetaTrader 5 (MT5): Full multi-asset capability with level II pricing and depth of market.
- cTrader: Designed for raw spread environments with custom cBots and direct liquidity connectivity.
- TradingView Integration: Direct chart trading capabilities powered by IC Markets’ raw spread ECN liquidity.
Deposits, Withdrawals & Fees
- Deposit Options: 15+ instant deposit channels including Visa/Mastercard, Neteller, Skrill, PayPal, Wire Transfer, UnionPay, and Cryptocurrencies. Zero broker deposit fees.
- Withdrawal Options: Same-day processing for requests submitted before cut-off times. Zero internal withdrawal fees.
Special Features & Investment Services
- Copy & Social Trading Networks: Full integration with IC Social, ZuluTrade, and Myfxbook AutoTrade.
- Advanced Trading Tools: Free MT4/MT5 tools including Correlation Matrix, Alarm Manager, and Session Map.
- Virtual Private Server (VPS): Free low-latency Forex VPS for high-volume traders.
Customer Support & Global Availability
- 24/7 Multilingual Support: Round-the-clock support via Live Chat, International Toll-Free Phone, and Email.
Regional Restrictions: Accepts clients internationally, excluding residents of the United States, Canada, Israel, Iran, North Korea, and other OFAC sanctioned countries.
