- Tier 1 Regulated
- Tested on Live Account
- No crypto deposits/withdrawals
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.
IC Markets User reviews
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 (782 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 |
|
|
|
|
30 : 1 | |
IC Markets (EU) Ltd |
|
|
|
|
30 : 1 | |
Raw Trading Ltd |
|
|
|
|
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
Platform | Pros | Cons |
---|---|---|
MetaTrader 4 (MT4) |
|
|
MetaTrader 5 (MT5) |
|
|
cTrader |
|
|
TradingView |
|
|
Mobile App (MT4/MT5/cTrader) |
|
|
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
Method | Processing Time | Fees | Available Currencies |
---|---|---|---|
Bank Wire | 2-5 business days | $0* | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, CHF |
Credit/Debit Cards | Instant | $0 | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD |
Neteller | Instant | $0 | USD, AUD, GBP, EUR, CAD, SGD, JPY |
Neteller VIP | Instant | $0 | AUD, GBP, EUR, CAD, SGD, JPY |
Paypal | Instant | $0 | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, HKD, CHF |
Skrill | Instant | $0 | AUD, USD, JPY, EUR, SGD, GBP |
UnionPay | Instant | $0 | RMB |
BPay | 12-48 hours | $0 | AUD |
Broker to Broker | 2-5 business days | $0 | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, CHF, HKD |
POLI | Instant | $0 | AUD |
Thai Internet Banking | 15-30 minutes | $0 | USD |
Rapidpay | Up to 2 business days | $0 | EUR, GBP |
Klarna | Up to 2 business days | $0 | EUR, GBP |
Vietnamese Internet Banking | Instant | $0 | USD |
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
Company Name | International Capital Markets Pty Ltd |
Categories | Forex Brokers, Cryptocurrency Brokers, Forex Rebates, Cryptocurrency Rebates |
Primary Category | Forex Brokers |
Year Founded | 2007 |
Headquarters | Australia |
Office Locations | Australia, China |
Account Currency | AUD, CAD, CHF, EUR, GBP, JPY, NZD, SGD, USD, HKD |
Client funds bank | National Australian Bank (NAB), Westpac Banking Corporation |
Support Languages | Arabic, Bulgarian, Chinese, English, French, German, Indonesian, Italian, Korean, Malay, Portuguese, Russian, Spanish, Thai, Vietnamese, Czech, Croatian |
Funding Methods | Bank Wire, BPAY, Broker to Broker, China Union Pay, Credit Card, FasaPay, Neteller, PayPal, POLi, Skrill, Klarna, RapidPay |
Financial Instruments | Futures, Forex, Shares, Indices, Bonds, Oil/Energies, Cryptocurrencies, Metals, Soft Commodities (coffee, sugar...) |
Prohibited Countries | Afghanistan, Angola, American Samoa, Australia, Belarus, Central African Republic, Congo, Ivory Coast, Cook Islands, Cuba, Gambia, Guinea, Guam, Guinea Bissau, Israel, Iraq, Iran, Kyrgyzstan, Cambodia, North Korea, Lebanon, Libya, Mali, Myanmar, Northern Mariana Islands, Martinique, New Caledonia, Niue, New Zealand, Saint Pierre and Miquelon, Puerto Rico, Reunion, Russia, Sudan, Sierra Leone, Senegal, Somalia, Syria, Tokelau, United States, Virgin Islands, U.s., Wallis and Futuna, Yemen, Mayotte, Zimbabwe, Saint Pierre and Miquelon, Republic Of The Congo, Saint Barthelemy, Sint Maarten, South Sudan |
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
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 User reviews
Newer user ratings have greater impact than older ratings and user ratings have no impact after 5+ years old. The more reviews a company receives, the higher the maximum possible aggregate user rating. After 100 reviews a company can receive the highest rating, which is an average of their user ratings.
84.31%
|
||
10.98%
|
||
2.61%
|
||
0.52%
|
||
1.57%
|
||
0.00%
|
IC Markets Cashback rebates
Standard | Raw Spread | cTrader | |
Forex | Monthly Cash Back 0.272 Pips - FX Majors0.409 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
Monthly Cash Back - Real Time Reports
|
Commission reduction
Monthly Cash Back - Real Time Reports
|
Standard | |
Forex |
Monthly Cash Back 0.272 Pips - FX Majors0.409 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
Monthly Cash Back - Real Time Reports
|
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
Monthly Cash Back - Real Time Reports
|
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
Monthly Cash Back - Real Time Reports
|
Notes
Rebates are not paid for:
- accounts registered with CySEC, Bahamas SCB and ASIC entities
- Australian residents
What are IC Markets rebates?
Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.
How do IC Markets rebates work?
When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.