IC Markets In-Depth Review | How is IC Markets? A comprehensive analysis of regulatory licenses, trading conditions, deposits and withdrawals, and user reputation.
Summary:This article comprehensively analyzes the IC Markets forex platform, including regulatory license details, trading account types, spread performance, deposit and withdrawal speeds, and user reviews. It also answers common questions such as "How is IC Markets?", "Is IC Markets regulated reliably?", and "Is IC Markets a scam?"
1. Brand Background and Development History
IC Markets (International Capital Markets Pty Ltd) was founded in 2007 and is headquartered in Sydney, Australia. It is a world-renowned ECN foreign exchange and CFD broker.
IC Markets consistently ranks among the top forex brokers in the world by volume, thanks to its tight spreads, deep liquidity, and stable execution.
Development timeline:
2007: Registered in Australia and regulated by ASIC
2012: Launch of Raw Spread account with spread as low as 0.0
2015: Entered the European market and obtained CySEC supervision
2017: Established international business center in Seychelles
2020: Daily trading volume exceeds $200 billion
2023: Launch more stock and cryptocurrency CFDs
The global business layout has licensed entities in Australia, Cyprus, Seychelles and the Bahamas, covering major markets such as Asia, Europe, the Middle East, Africa and Latin America.
2. Trading Account and Trading Conditions
| Account Type | Minimum deposit | Average spread (EUR/USD) |
|---|---|---|
| Standard | $200 | 0.6–0.8 |
| Raw Spread MT4/MT5 | $200 | 0.0–0.1 |
| Raw Spread cTrader | $200 | 0.0–0.1 |
Additional notes:
Trading platforms: MT4, MT5, cTrader
Minimum trading lot size: 0.01 lot
Account settlement currency: USD, EUR, AUD, GBP, SGD, JPY, etc.
III. Supervision and Compliance
| Regulatory agencies | License number | Entity Name |
|---|---|---|
| ASIC (Australia) | 335692 | International Capital Markets Pty Ltd |
| CySEC (Cyprus) | 362/18 | IC Markets (EU) Ltd |
| FSA (Seychelles) | SD018 | Raw Trading Ltd |
| SCB (Bahamas) | SIA-F214 | IC Markets (SC) Ltd |
IV. Trading Products and Market Coverage
Forex: 60+ currency pairs, majors, minors, and exotics
Precious metals: gold, silver, platinum, palladium
Energy: WTI, Brent crude oil, natural gas
Stock index CFDs: Dow Jones, Nasdaq, S&P 500, DAX, FTSE, Nikkei, etc.
Stock CFD: US stocks, Australian stocks, and mainstream European companies
Cryptocurrency CFDs: BTC, ETH, LTC, XRP, etc., 24/7 trading
V. Transaction Execution and Technology
Execution mode: Pure ECN/STP, no market maker intervention
Data Center: Equinix NY4 in New York, LD5 in London
Average latency: 40 milliseconds
Slippage performance: 65% positive slippage
Liquidity sources: 25+ tier-one banks and non-bank liquidity providers
6. Deposit and Withdrawal Methods and Time Limits
Deposit: Credit/Debit Card, Skrill, Neteller, PayPal (instant), Bank Wire (2–5 days)
Withdrawal: Same-day for e-wallets, 2–5 days for wire transfers, 1–3 days for credit cards
Most methods are free of charge, but some areas have restrictions.
7. Customer Service and Additional Features
Customer Service: 7x24 multilingual support (including Chinese)
Educational resources: Forex basics, technical analysis, and trading psychology courses
Tools: VPS, Autochartist, Trading Central
Social Trading: Supports Myfxbook AutoTrade, ZuluTrade, and Signal Trader
Risk control: negative balance protection, isolated account management
8. Media and User Reviews
Trustpilot: 4.6/5, highly praised for its low spreads, fast withdrawals, and stable platform
Forex Peace Army: Recommended for high-frequency and scalping traders
Investopedia: Multiple times rated as one of the "Best Forex Brokers"
DailyForex: Claims to be leading in technology and execution transparency
Finance Magnates: Trading volume is among the highest globally, with significant growth in the Asian market
IX. Risk Warning
Forex and CFD trading carries a high level of risk and may result in total loss of your investment. Please consider your risk tolerance and use leverage wisely.
⚠️Risk Warning and Disclaimer
BrokerHivex is a financial media platform that displays information from the public internet or user-uploaded content. BrokerHivex does not support any trading platform or instrument. We are not responsible for any trading disputes or losses arising from the use of this information. Please note that the information displayed on the platform may be delayed, and users should independently verify its accuracy.


