Our take
IC Markets is a raw-spread specialist founded in 2007, regulated by ASIC, CySEC and the SCB, with a global entity licensed in Seychelles. It offers MT4, MT5, cTrader and TradingView, no minimum deposit on its main accounts, and a wide range of funding methods including crypto. Which entity you join decides your protections.
- Regulation
- ASIC, CySEC, SCB, FSA (Seychelles)
- Min deposit
- $0 (main accounts)
- Raw Spread
- ~0.1 pip avg + $7/lot
- Standard
- From 0.8 pips, no commission
- Platforms
- MT4, MT5, cTrader, TradingView
- Funding
- Cards, PayPal, e-wallets, crypto, bank
Pros
- Very tight raw spreads with a $7 round-turn commission
- No minimum deposit on Standard, Raw Spread and cTrader Raw
- Choice of MT4, MT5, cTrader and TradingView
- Crypto deposits (BTC, ETH, USDC, USDT) among many funding options
Cons
- The global entity is regulated in Seychelles, with no government compensation scheme
- Research and education are limited
- No proprietary platform
Accounts and costs
| Account | EUR/USD spread | Commission (round turn) | Min deposit |
|---|---|---|---|
| Raw Spread | ~0.1 pip average | $7.00 | $0 |
| Standard | From 0.8 pips | $0 | $0 |
| Raw Pro / Raw Pro+ | Raw pricing | See IC Markets | $5,000 / $100,000 |
Figures from CompareForexBrokers’ IC Markets review, updated October 19, 2026. Compare your own numbers with the trading cost calculator.
Regulation
IC Markets operates through International Capital Markets Pty Ltd (ASIC, AFSL 335692), IC Markets (EU) Ltd (CySEC 362/18), IC Markets Ltd in the Bahamas (SCB) and Raw Trading Ltd (FSA Seychelles, SD018), which serves most global clients. Australian and EU clients get retail protections such as leverage caps and negative-balance protection; the offshore entities offer higher leverage with fewer protections.
Who it suits
Active traders and scalpers who want raw spreads, fast execution and a choice of MetaTrader, cTrader or TradingView. Compare it with Eightcap and Pepperstone on our broker comparison.
IC Markets FAQ
Is IC Markets regulated?
What is IC Markets' minimum deposit?
Does IC Markets accept crypto deposits?
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Nothing on this site is investment advice.