IC Markets Forum Discussion

Curious about what real traders are saying about IC Markets in 2025? Check out real users' feedback, details on IC Markets pricing (spreads, commissions and swaps), and regulations.   

Live Spreads: Industry-Leading Pricing

A key factor in your trading costs is the spread. The spread is the difference between the bid (sell) and ask (buy) price of an asset. Commission is also charged on top of the spread on some account types and constitutes an additional transaction cost. IC Markets is known for having tight spreads, particularly on popular instruments like major forex pairs and gold. We confirm this by analysing real trading costs from live accounts, combining spreads and any commissions. Our data shows IC Markets is highly competitive in this area.

Want to compare more? Click the orange "Edit" button to see IC Markets against other brokers or different assets. Remember that spread (and any commission) directly impacts your potential profit.

4.8

(803 )

Ranked 1 out of 1747 (Forex Brokers)

This rating is based on 729 reviews by users that proved they are real customers of this company. All reviews undergo significant human and technical moderation. Companies that get 30+ reviews by verified reviewers are scored only on their ratings by verified reviewers and get a green checkmark by their rating.

16 April 2025

DineshSudarshana

Verified reviewer

Location: Sri Lanka

Account types: Standard

16 April 2025

5.0

Verified reviewer

Trusted broker..

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15 April 2025

AgusKurniawan

Verified reviewer

Location: Indonesia

Account types: Standard

15 April 2025

5.0

Verified reviewer

Highly trusted

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15 April 2025

Tony Aguib

Verified reviewer

Location: Australia

Account types: Raw Spread

15 April 2025

3.0

Verified reviewer

I appreciated and enjoyed the high rebate I was receiving before it was discontinued for Australian-based accounts. However, I consistently found their slippage frustrating—especially during major news events. Their servers often seemed overloaded, particularly during the early hours of the New York session when it overlaps with the final hours of the London session. This frequently led to noticeable slippage and occasional freezes in the chart or trading terminal. Even though my VPS was located in the same data center as their servers in New York, with a latency of just 2–3ms, the slippage was still unacceptable—especially from a broker as prominent as IC Markets. During events like NFP or other high-impact releases, I would actively stop any EA and avoid trading on my accounts with them, as their performance tended to be worse than that of much smaller brokers. The spreads are reasonable on Raw MT5 accounts during most of the day and widen a bit during rollover, and I can’t speak to how competitive the conditions are on their Standard or cTrader accounts. The free Forex VPS with volume trades is an advantage and they have a good variety of deposit and withdrawal methods. Bottom line, I think they are okay but without rebates I can find a better value proposition

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14 April 2025

Emist

Verified reviewer

Location: Morocco

Account types: Standard

14 April 2025

5.0

Verified reviewer

Good broker

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14 April 2025

EricksonWekesa

Verified reviewer

Location: Kenya

Account types: Standard

14 April 2025

5.0

Verified reviewer

Perfect broker with amazing trading features. You will never regret perfect spread sizes just amazing

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The word on the street – or rather, on FxVerify – about IC Markets is pretty fantastic. Real traders are giving IC Markets high marks. In fact, the broker is currently ranked #1 globally in our system, based on feedback from verified account holders. Traders consistently praise the broker about the tight spreads, how quickly their trades go through, and how solid the trading platforms are.

IC Markets Overall rating

	Rating	Weight
User Rating	4.8 (803 reviews)	3
Popularity	5.0	3
Regulation	5.0	2
Pricing rating	5.0	1
Features	5.0	1
Customer Support	5.0	1

The vibe from IC Markets users on FxVerify is overwhelmingly positive – that #1 ranking speaks volumes. They've been around since 2007 so they've got a good track record, and traders seem to trust them a lot. They're also heavily regulated in several places, including the EU (that's Cyprus), Australia, and the Seychelles. They're a popular choice, too – we're talking over 3 million visits to their site each month (according to SimilarWeb). IC Markets is privately held, and they're not a bank.

Regulations: Strong Client Money Protection Measures

Company	Licenses & Regulations	Segregated Client Money	Deposit Compensation Scheme	Negative Balance Protection	Rebates	Max. Leverage Retail Clients
International Capital Markets Pty Ltd	Australia - AU ASIC					30 : 1
IC Markets (EU) Ltd	Cyprus - CY CYSEC		up to €20,000			30 : 1
Raw Trading Ltd	Seychelles - SC FSA					1000 : 1

IC Markets isn't just regulated in one place – they've got licenses in the EU (Cyprus), Australia, and the Seychelles. Having oversight from multiple regulators shows they're serious about following the rules. If you're trading under their Cyprus (EU) license, your funds are protected up to €20,000 by a compensation scheme, just in case something goes wrong. It's important to know that this specific protection doesn't apply to accounts under the Australian (ASIC) or Seychelles (FSA) regulations.

Tradable Assets: Over 2500 Instruments Available

IC Markets has a huge selection of things you can trade – over 2500 instruments! We're talking forex, of course, plus CFDs on things like stock market indexes, commodities, cryptocurrencies, bonds, and even individual stocks (over 2,000). The live search tool above gets its data straight from real accounts linked to our system, so you know it's up-to-date.

Just a reminder: CFDs (Contracts for Difference) let you bet on whether a price will go up or down, without actually owning the underlying thing. This can be handy, and it lets you use leverage, but it also means the risks can be higher.

Live Swap Rates: Competitive Overnight Holding Costs

Swap rates are the fees (or sometimes credits) you'll encounter for keeping a position open overnight. The positive swap rates pay out to the trader, while negative swap rates incur a cost. Basically, swap rates above zero (positive) will be credited to your account, while swap rates below zero (negative) will be deducted from your account.

IC Markets tends to offer favourable swap rates, and we verify this with data from real, live accounts. If you'd like to compare the swap rates on IC Markets to other brokers or perhaps look at different assets that aren't shown, all you need to do is press that orange "Edit" button.

Trading Platforms: Suitable for any Trading Style

Picking the right platform is a big deal. IC Markets gives you options: MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and TradingView, and they all have mobile apps too. The table above gives you a breakdown of the pros and the cons of each platform.

Deposit/Withdrawals: No Fees and Multiple Currencies Available

IC Markets gives you plenty of ways to fund your account and withdraw your winnings: bank wires, credit/debit cards, and a bunch of different e-wallets. This table shows you how long things usually take, the available account currencies and if there are any fees. Just keep in mind that even if IC Markets doesn't charge you, your bank or payment provider might.

IC Markets Profile

24 hour support

Segregated Accounts

Islamic Accounts

Accepts Canadian clients

Accepts Japanese Clients

Non expiring demo

Trading API

Cent accounts

Negative balance protection

Social trading

Regulatory deposit insurance

Trailing stops

Bonuses

Interest on margin

Fixed spread

Variable spread

The IC Markets profile on FxVerify gives you the full rundown on the company. You'll find details about when they started, where they're based, how to deposit and withdraw, how to contact their support team, what currencies you can use for your account, and a list of countries they accept clients from – so you can see if you're eligible.

IC Markets Promotions

Free VPS Service

Head over to the IC Markets website to see if they're running any special promotions right now. Currently they're offering free VPS for eligible traders. Check their website for details.

IC Markets Cashback rebates

	Standard	Raw Spread	cTrader
Forex	Monthly Cash Back 0.272 Pips - FX Majors 0.409 Pips - FX Others --OR--  Spread Reduction  0.20 Pips - FX Majors 0.30 Pips - FX Others + Monthly Cash Back 0.072 Pips - FX Majors 0.109 Pips - FX Others	Monthly Cash Back 37.50% Of Commissions Paid --OR-- Direct Commission Reduction 21.50% Of Commissions Paid + Monthly Cash Back 16.00% Of Commissions Paid	Monthly Cash Back $1.0227 Per 100K USD Traded --OR-- Direct Commission Reduction $0.60 Per 100K USD Traded + Monthly Cash Back $0.4227 Per 100K USD Traded
Metals	Monthly Cash Back 0.340 Pips --OR-- Spread Reduction 0.30 Pips + Monthly Cash Back 0.040 Pips	Monthly Cash Back 37.50% Of Commissions Paid --OR-- Direct Commission Reduction 21.50% Of Commissions Paid + Monthly Cash Back 16.00% Of Commissions Paid	Monthly Cash Back $1.0227 Per 100K USD Traded --OR-- Direct Commission Reduction $0.60 Per 100K USD Traded + Monthly Cash Back $0.4227 Per 100K USD Traded
Indices	Up to $1.704 Per Lot		$1.00 Per 100K USD Traded
Cryptocurrencies	Up to $0.64 Per Lot		$1.00 Per 100K USD Traded
Payment Options	Spread Reduction By opening your account through us you'll trade on lower spreads! Monthly Cash Back - Real Time Reports Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. Real-time “reports” are posted on your profile dashboard: 1) for most MT4 accounts every 10 minutes; 2) for XM accounts every few hours; 3) and for all: MT5, Tickmill, IC Markets, IC Trading & EightCap accounts (Crypto transactions are not included in Real-time reports) once daily.	Commission reduction By opening your account through us you'll trade on lower commissions! Monthly Cash Back - Real Time Reports Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. Real-time “reports” are posted on your profile dashboard: 1) for most MT4 accounts every 10 minutes; 2) for XM accounts every few hours; 3) and for all: MT5, Tickmill, IC Markets, IC Trading & EightCap accounts (Crypto transactions are not included in Real-time reports) once daily.

	Standard
Forex	Monthly Cash Back 0.272 Pips - FX Majors 0.409 Pips - FX Others --OR--  Spread Reduction  0.20 Pips - FX Majors 0.30 Pips - FX Others + Monthly Cash Back 0.072 Pips - FX Majors 0.109 Pips - FX Others
Metals	Monthly Cash Back 0.340 Pips --OR-- Spread Reduction 0.30 Pips + Monthly Cash Back 0.040 Pips
Indices	Up to $1.704 Per Lot
Cryptocurrencies	Up to $0.64 Per Lot
Payment Options	Spread Reduction By opening your account through us you'll trade on lower spreads! Monthly Cash Back - Real Time Reports Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. Real-time “reports” are posted on your profile dashboard: 1) for most MT4 accounts every 10 minutes; 2) for XM accounts every few hours; 3) and for all: MT5, Tickmill, IC Markets, IC Trading & EightCap accounts (Crypto transactions are not included in Real-time reports) once daily.

	Raw Spread
Forex	Monthly Cash Back 37.50% Of Commissions Paid --OR-- Direct Commission Reduction 21.50% Of Commissions Paid + Monthly Cash Back 16.00% Of Commissions Paid
Metals	Monthly Cash Back 37.50% Of Commissions Paid --OR-- Direct Commission Reduction 21.50% Of Commissions Paid + Monthly Cash Back 16.00% Of Commissions Paid
Indices	Up to $1.704 Per Lot
Cryptocurrencies	Up to $0.64 Per Lot
Payment Options	Commission reduction By opening your account through us you'll trade on lower commissions! Monthly Cash Back - Real Time Reports Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. Real-time “reports” are posted on your profile dashboard: 1) for most MT4 accounts every 10 minutes; 2) for XM accounts every few hours; 3) and for all: MT5, Tickmill, IC Markets, IC Trading & EightCap accounts (Crypto transactions are not included in Real-time reports) once daily.

	cTrader
Forex	Monthly Cash Back $1.0227 Per 100K USD Traded --OR-- Direct Commission Reduction $0.60 Per 100K USD Traded + Monthly Cash Back $0.4227 Per 100K USD Traded
Metals	Monthly Cash Back $1.0227 Per 100K USD Traded --OR-- Direct Commission Reduction $0.60 Per 100K USD Traded + Monthly Cash Back $0.4227 Per 100K USD Traded
Indices	$1.00 Per 100K USD Traded
Cryptocurrencies	$1.00 Per 100K USD Traded
Payment Options	Commission reduction By opening your account through us you'll trade on lower commissions! Monthly Cash Back - Real Time Reports Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. Real-time “reports” are posted on your profile dashboard: 1) for most MT4 accounts every 10 minutes; 2) for XM accounts every few hours; 3) and for all: MT5, Tickmill, IC Markets, IC Trading & EightCap accounts (Crypto transactions are not included in Real-time reports) once daily.

How much IC Markets rebates can I earn?

Use our forex rebate calculator to estimate your IC Markets rebate earnings:

Instrument

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Forex pairs are 100,000 units per 1 lot

Units per 1 lot vary on non-forex pairs, please check with your broker

In MT4 and MT5 right click a symbol and then click Specification. The Contract Size field tells how many units are in one lot.
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