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IC Markets User Reviews

Tier 1 Regulated
Tested on Live Account
No crypto deposits/withdrawals

Not available in United States

5.0

Overall rating

4.8

(804 reviews

)

User Rating

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User Reviews (804)

Forum Posts (9)

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News (1)

Edited by David Johnson

Fact checked by Angelo Martins

Human moderated by Angelo Martins

Last updated April 2025

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Live Spreads
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Live Swap Rates
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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

Brokers	Forex				Commodities
Brokers	EURUSD	GBPJPY	AUDNZD	Average	XAUUSD	XAGUSD	Average
IC Markets - Raw SpreadCharging Commission	0.83	2.12	2.15	1.70	0.17	0.018	0.10
IC Markets - StandardCommission - free	0.73	1.77	1.58	1.36	0.17	0.018	0.09
HFM - Zero SpreadCharging Commission	0.65	1.54	2.87	1.69	0.20	0.041	0.12
HFM - PremiumCommission - free	2.07	3.83	4.20	3.37	0.36	0.041	0.20
Pepperstone - StandardCommission - free	1.03	1.84	1.96	1.61	0.33	0.024	0.18
Admirals - TradeCommission - free	0.26	2.78	2.37	1.80	0.36	0.029	0.19
Vantage Markets - Raw ECNCharging Commission	0.86	1.78	2.11	1.58	0.13	0.020	0.08
Vantage Markets - Standard STPCommission - free	1.49	3.12	3.06	2.56	0.19	0.019	0.10
Pepperstone - RazorCharging Commission	0.76	2.07	2.30	1.71	0.40	0.020	0.21

Brokers	Forex				Commodities
Brokers	EURUSD	GBPJPY	AUDNZD	Average	XAUUSD	XAGUSD	Average
IC Markets - Raw SpreadCharging Commission	0.83	2.12	2.15	1.70	0.17	0.018	0.10
IC Markets - StandardCommission - free	0.73	1.77	1.58	1.36	0.17	0.018	0.09
HFM - Zero SpreadCharging Commission	0.65	1.54	2.87	1.69	0.20	0.041	0.12
HFM - PremiumCommission - free	2.07	3.83	4.20	3.37	0.36	0.041	0.20
Pepperstone - StandardCommission - free	1.03	1.84	1.96	1.61	0.33	0.024	0.18
Admirals - TradeCommission - free	0.26	2.78	2.37	1.80	0.36	0.029	0.19
Vantage Markets - Raw ECNCharging Commission	0.86	1.78	2.11	1.58	0.13	0.020	0.08
Vantage Markets - Standard STPCommission - free	1.49	3.12	3.06	2.56	0.19	0.019	0.10
Pepperstone - RazorCharging Commission	0.76	2.07	2.30	1.71	0.40	0.020	0.21

Brokers	Forex	Commodities
IC Markets - Raw SpreadCharging Commission	0.83	2.12	2.15	1.70	0.17	0.018	0.10
IC Markets - StandardCommission - free	0.73	1.77	1.58	1.36	0.17	0.018	0.09
HFM - Zero SpreadCharging Commission	0.65	1.54	2.87	1.69	0.20	0.041	0.12
HFM - PremiumCommission - free	2.07	3.83	4.20	3.37	0.36	0.041	0.20
Pepperstone - StandardCommission - free	1.03	1.84	1.96	1.61	0.33	0.024	0.18
Admirals - TradeCommission - free	0.26	2.78	2.37	1.80	0.36	0.029	0.19
Vantage Markets - Raw ECNCharging Commission	0.86	1.78	2.11	1.58	0.13	0.020	0.08
Vantage Markets - Standard STPCommission - free	1.49	3.12	3.06	2.56	0.19	0.019	0.10
Pepperstone - RazorCharging Commission	0.76	2.07	2.30	1.71	0.40	0.020	0.21

Brokers	Forex	Commodities
IC Markets - Raw SpreadCharging Commission	0.83	2.12	2.15	1.70	0.17	0.018	0.10
IC Markets - StandardCommission - free	0.73	1.77	1.58	1.36	0.17	0.018	0.09
HFM - Zero SpreadCharging Commission	0.65	1.54	2.87	1.69	0.20	0.041	0.12
HFM - PremiumCommission - free	2.07	3.83	4.20	3.37	0.36	0.041	0.20
Pepperstone - StandardCommission - free	1.03	1.84	1.96	1.61	0.33	0.024	0.18
Admirals - TradeCommission - free	0.26	2.78	2.37	1.80	0.36	0.029	0.19
Vantage Markets - Raw ECNCharging Commission	0.86	1.78	2.11	1.58	0.13	0.020	0.08
Vantage Markets - Standard STPCommission - free	1.49	3.12	3.06	2.56	0.19	0.019	0.10
Pepperstone - RazorCharging Commission	0.76	2.07	2.30	1.71	0.40	0.020	0.21

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

4.8

(804

)

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.

15 April 2025

Verified reviewer

Location: Indonesia

Account types: Standard

15 April 2025

5.0

Verified reviewer

Highly trusted

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15 April 2025

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

Verified reviewer

Location: Morocco

Account types: Standard

14 April 2025

5.0

Verified reviewer

Good broker

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14 April 2025

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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11 April 2025

Verified reviewer

Location: Indonesia

Account types: Standard

11 April 2025

4.0

Verified reviewer

Loved it.

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Show more (804 total)

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

5.0

Ranked 1 out of 1747 (Forex Brokers)

Overall rating is derived from an aggregate of ratings in multiple categories.

	Rating	Weight
User rating	4.8 (804 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	Deposit Compensation Scheme	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 Rate: Long Position

Swap Rate: Short Position

Swap Rate Calculation Method

Brokers	Forex				Commodities
Brokers	EURUSD	GBPJPY	AUDNZD	Average	XAUUSD	XAGUSD	Average
IC Markets	-0.770.35 Pips	1.32-2.50 Pips	0.19-0.69 Pips	-0.35	-51.1126.34 Points	-3.420.75 Points	-6.86
Admirals	-1.080.04 Pips	0.96-3.42 Pips	-0.59-0.55 Pips	-0.77	-648.68347.86 Points	-6.35-4.72 Points	-77.97
Pepperstone	-0.840.38 Pips	0.70-2.56 Pips	-0.07-0.49 Pips	-0.48	-49.5326.77 Points	-2.63-0.38 Points	-6.44
HFM	-0.850.00 Pips	0.00-3.11 Pips	-0.24-0.46 Pips	-0.78	-46.970.00 Points	-4.40-2.10 Points	-13.37
Vantage Markets	-0.730.33 Pips	0.67-2.53 Pips	-0.03-0.48 Pips	-0.46	-46.2025.20 Points	-2.530.69 Points	-5.71

Brokers	Forex				Commodities
Brokers	EURUSD	GBPJPY	AUDNZD	Average	XAUUSD	XAGUSD	Average
IC Markets	-0.770.35 Pips	1.32-2.50 Pips	0.19-0.69 Pips	-0.35	-51.1126.34 Points	-3.420.75 Points	-6.86
HFM	-0.850.00 Pips	0.00-3.11 Pips	-0.24-0.46 Pips	-0.78	-46.970.00 Points	-4.40-2.10 Points	-13.37
Admirals	-1.080.04 Pips	0.96-3.42 Pips	-0.59-0.55 Pips	-0.77	-648.68347.86 Points	-6.35-4.72 Points	-77.97
Vantage Markets	-0.730.33 Pips	0.67-2.53 Pips	-0.03-0.48 Pips	-0.46	-46.2025.20 Points	-2.530.69 Points	-5.71
Pepperstone	-0.840.38 Pips	0.70-2.56 Pips	-0.07-0.49 Pips	-0.48	-49.5326.77 Points	-2.63-0.38 Points	-6.44

Brokers	Forex	Commodities
IC Markets	-0.770.35 Pips	1.32-2.50 Pips	0.19-0.69 Pips	-0.35	-51.1126.34 Points	-3.420.75 Points	-6.86
HFM	-0.850.00 Pips	0.00-3.11 Pips	-0.24-0.46 Pips	-0.78	-46.970.00 Points	-4.40-2.10 Points	-13.37
Admirals	-1.080.04 Pips	0.96-3.42 Pips	-0.59-0.55 Pips	-0.77	-648.68347.86 Points	-6.35-4.72 Points	-77.97
Vantage Markets	-0.730.33 Pips	0.67-2.53 Pips	-0.03-0.48 Pips	-0.46	-46.2025.20 Points	-2.530.69 Points	-5.71
Pepperstone	-0.840.38 Pips	0.70-2.56 Pips	-0.07-0.49 Pips	-0.48	-49.5326.77 Points	-2.63-0.38 Points	-6.44

Brokers	Forex	Commodities
IC Markets	-0.770.35 Pips	1.32-2.50 Pips	0.19-0.69 Pips	-0.35	-51.1126.34 Points	-3.420.75 Points	-6.86
Admirals	-1.080.04 Pips	0.96-3.42 Pips	-0.59-0.55 Pips	-0.77	-648.68347.86 Points	-6.35-4.72 Points	-77.97
Pepperstone	-0.840.38 Pips	0.70-2.56 Pips	-0.07-0.49 Pips	-0.48	-49.5326.77 Points	-2.63-0.38 Points	-6.44
HFM	-0.850.00 Pips	0.00-3.11 Pips	-0.24-0.46 Pips	-0.78	-46.970.00 Points	-4.40-2.10 Points	-13.37
Vantage Markets	-0.730.33 Pips	0.67-2.53 Pips	-0.03-0.48 Pips	-0.46	-46.2025.20 Points	-2.530.69 Points	-5.71

Brokers	Forex	Commodities
IC Markets	-0.770.35 Pips	1.32-2.50 Pips	0.19-0.69 Pips	-0.35	-51.1126.34 Points	-3.420.75 Points	-6.86
HFM	-0.850.00 Pips	0.00-3.11 Pips	-0.24-0.46 Pips	-0.78	-46.970.00 Points	-4.40-2.10 Points	-13.37
Admirals	-1.080.04 Pips	0.96-3.42 Pips	-0.59-0.55 Pips	-0.77	-648.68347.86 Points	-6.35-4.72 Points	-77.97
Vantage Markets	-0.730.33 Pips	0.67-2.53 Pips	-0.03-0.48 Pips	-0.46	-46.2025.20 Points	-2.530.69 Points	-5.71
Pepperstone	-0.840.38 Pips	0.70-2.56 Pips	-0.07-0.49 Pips	-0.48	-49.5326.77 Points	-2.63-0.38 Points	-6.44

Brokers	Forex	Commodities
IC Markets	-0.770.35 Pips	1.32-2.50 Pips	0.19-0.69 Pips	-0.35	-51.1126.34 Points	-3.420.75 Points	-6.86
Admirals	-1.080.04 Pips	0.96-3.42 Pips	-0.59-0.55 Pips	-0.77	-648.68347.86 Points	-6.35-4.72 Points	-77.97
Pepperstone	-0.840.38 Pips	0.70-2.56 Pips	-0.07-0.49 Pips	-0.48	-49.5326.77 Points	-2.63-0.38 Points	-6.44
HFM	-0.850.00 Pips	0.00-3.11 Pips	-0.24-0.46 Pips	-0.78	-46.970.00 Points	-4.40-2.10 Points	-13.37
Vantage Markets	-0.730.33 Pips	0.67-2.53 Pips	-0.03-0.48 Pips	-0.46	-46.2025.20 Points	-2.530.69 Points	-5.71

Brokers	Forex				Commodities
Brokers	EURUSD	GBPJPY	AUDNZD	Average	XAUUSD	XAGUSD	Average
IC Markets	-0.770.35 Pips	1.32-2.50 Pips	0.19-0.69 Pips	-0.35	-51.1126.34 Points	-3.420.75 Points	-6.86
Admirals	-1.080.04 Pips	0.96-3.42 Pips	-0.59-0.55 Pips	-0.77	-648.68347.86 Points	-6.35-4.72 Points	-77.97
Pepperstone	-0.840.38 Pips	0.70-2.56 Pips	-0.07-0.49 Pips	-0.48	-49.5326.77 Points	-2.63-0.38 Points	-6.44
HFM	-0.850.00 Pips	0.00-3.11 Pips	-0.24-0.46 Pips	-0.78	-46.970.00 Points	-4.40-2.10 Points	-13.37
Vantage Markets	-0.730.33 Pips	0.67-2.53 Pips	-0.03-0.48 Pips	-0.46	-46.2025.20 Points	-2.530.69 Points	-5.71

Brokers	Forex	Commodities
IC Markets	-0.770.35 Pips	1.32-2.50 Pips	0.19-0.69 Pips	-0.35	-51.1126.34 Points	-3.420.75 Points	-6.86
Admirals	-1.080.04 Pips	0.96-3.42 Pips	-0.59-0.55 Pips	-0.77	-648.68347.86 Points	-6.35-4.72 Points	-77.97
Pepperstone	-0.840.38 Pips	0.70-2.56 Pips	-0.07-0.49 Pips	-0.48	-49.5326.77 Points	-2.63-0.38 Points	-6.44
HFM	-0.850.00 Pips	0.00-3.11 Pips	-0.24-0.46 Pips	-0.78	-46.970.00 Points	-4.40-2.10 Points	-13.37
Vantage Markets	-0.730.33 Pips	0.67-2.53 Pips	-0.03-0.48 Pips	-0.46	-46.2025.20 Points	-2.530.69 Points	-5.71

Brokers	Forex	Commodities
IC Markets	-0.770.35 Pips	1.32-2.50 Pips	0.19-0.69 Pips	-0.35	-51.1126.34 Points	-3.420.75 Points	-6.86
Admirals	-1.080.04 Pips	0.96-3.42 Pips	-0.59-0.55 Pips	-0.77	-648.68347.86 Points	-6.35-4.72 Points	-77.97
Pepperstone	-0.840.38 Pips	0.70-2.56 Pips	-0.07-0.49 Pips	-0.48	-49.5326.77 Points	-2.63-0.38 Points	-6.44
HFM	-0.850.00 Pips	0.00-3.11 Pips	-0.24-0.46 Pips	-0.78	-46.970.00 Points	-4.40-2.10 Points	-13.37
Vantage Markets	-0.730.33 Pips	0.67-2.53 Pips	-0.03-0.48 Pips	-0.46	-46.2025.20 Points	-2.530.69 Points	-5.71

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)	Super popular and widely used A huge online community and tons of resources Beginner-friendly Reliable and stable	It's a bit older technology (compared to MT5) Not as many built-in indicators or timeframes as MT5 Uses MQL4, which isn't as powerful as MQL5
MetaTrader 5 (MT5)	More advanced than MT4 Faster for testing trading strategies Access to more markets (potentially) MQL5 is a stronger programming language	Might take a bit longer to learn than MT4 Some older EAs might not work with it
cTrader	Excellent for fast order execution Great transparency with the Depth of Market feature Robust charting capabilities A good fit for experienced traders	Not as widely used as the MetaTrader platforms Might feel a bit complex if you're new to trading
TradingView	Fantastic for technical analysis A large and active online community Cloud-based, so you can access it from anywhere	You need a good internet connection
Mobile App (MT4/MT5/cTrader)	Super convenient and flexible Access your account from anywhere Stay updated with notifications	Not as many features as the desktop versions The smaller screen can limit your charting Might not be as reliable as trading on your computer

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

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

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

4.8

(804

)

Ranked 1 out of 1747 (Forex Brokers)

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.

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Filter reviews:

5 Stars		84.24%
4 Stars		11.05%
3 Stars		2.67%
2 Stars		0.51%
1 Stars		1.52%
Spam		0.74%

Account Types:

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Reviews:

Approved (804)

Rejected (6)

15 April 2025

Verified reviewer

Location: Indonesia

Account types: Standard

15 April 2025

5.0

Verified reviewer

Highly trusted

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15 April 2025

Verified reviewer

Location: Australia

Account types: Raw Spread

15 April 2025

3.0

Verified reviewer

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14 April 2025

Verified reviewer

Location: Morocco

Account types: Standard

14 April 2025

5.0

Verified reviewer

Good broker

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14 April 2025

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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11 April 2025

Verified reviewer

Location: Indonesia

Account types: Standard

11 April 2025

4.0

Verified reviewer

Loved it.

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9 April 2025

Verified reviewer

Location: Sweden

Account types: Raw Spread

9 April 2025

5.0

Verified reviewer

Best Broker

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6 April 2025

Approved reviewer

Location: Kenya

6 April 2025

5.0

Approved reviewer

NICE

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1 April 2025

Approved reviewer

Location: South Africa

1 April 2025

5.0

Approved reviewer

Very good broker

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1 April 2025

Approved reviewer

Location: South Africa

1 April 2025

5.0

Approved reviewer

Very good broker

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1 April 2025

Approved reviewer

Location: South Africa

1 April 2025

5.0

Approved reviewer

Very good broker

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30 March 2025

Verified reviewer

Location: Kenya

Account types: Standard

30 March 2025

4.0

Verified reviewer

I like IC markets allot,first because it's a regulated broker making trustable and second it's spread is low compared to most brokers

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30 March 2025

Approved reviewer

Location: Pakistan

30 March 2025

5.0

Approved reviewer

Me yaha pe passe kamaio ga inshallah

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28 March 2025

Verified reviewer

Location: Indonesia

Account types: Standard

28 March 2025

4.0

Verified reviewer

I hope to win something here, although it is very difficult to win in contests. But I always keep fighting and always follow the events/contests that you hold. Good luck And I add, this broker is very good.

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27 March 2025

Verified reviewer

Location: Nigeria

Account types: Raw Spread, Standard

27 March 2025

5.0

Verified reviewer

I’ve had an excellent experience with IC Markets’ customer service. Every time I’ve reached out, their team has been incredibly helpful and responsive. They consistently go above and beyond to assist, making them a standout in my book. Highly recommend for anyone looking for reliable broker with low spread and customer support.

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24 March 2025

Verified reviewer

Location: Egypt

Account types: Standard

24 March 2025

5.0

Verified reviewer

ممتاز

Translation:
Distinguished

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19 March 2025

Verified reviewer

Location: Bangladesh

Account types: Standard

19 March 2025

5.0

Verified reviewer

been using them for like a year or two. Great support

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18 March 2025

Verified reviewer

Location: India

Account types: Standard

18 March 2025

5.0

Verified reviewer

Very good broker I'm very happy

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17 March 2025

Verified reviewer

Location: Indonesia

Account types: Standard

17 March 2025

5.0

Verified reviewer

Good

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17 March 2025

Approved reviewer

Location: Poland

17 March 2025

5.0

Approved reviewer

I played with different brokers but IC is the best

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17 March 2025

Verified reviewer

Location: Pakistan

Account types: Standard

17 March 2025

5.0

Verified reviewer

Excellent

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16 March 2025

Verified reviewer

Location: South Africa

Account types: Standard

16 March 2025

5.0

Verified reviewer

Ic markets are the only trusted brokers around . I've been with exness and xm for 8 years . I've experienced allot of suspicious behavior. Like for eg xms demo and real contests are rigged . The score board is manipulated. Hence I calculated 1st place to 3rd places trades and the calculations compared to the score board is off. Numbers don't lie .. ic markets have your back . With amazing customer care service where they actually care for their customers

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15 March 2025

Verified reviewer

Location: Indonesia

Account types: Standard

15 March 2025

5.0

Verified reviewer

Goood

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13 March 2025

Verified reviewer

Location: Bangladesh

Account types: Standard, Raw Spread

13 March 2025

5.0

Verified reviewer

Trading

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11 March 2025

Verified reviewer

Location: Indonesia

Account types: Standard

11 March 2025

5.0

Verified reviewer

the best beroker

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10 March 2025

Verified reviewer

Location: Indonesia

Account types: Standard, Raw Spread

10 March 2025

4.0

Verified reviewer

good broker

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13 February 2025

Approved reviewer

Location: United States

13 February 2025

4.0

Approved reviewer

Trading forex market Bridge you ever seen the same thing of money laundering online and willing to start immediately at least one more time with you guys

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5 February 2025

Verified reviewer

Location: Armenia

Account types: Standard, Raw Spread

5 February 2025

5.0

Verified reviewer

"I've been trading with IC Markets for a while now, and their reliability, transparency, and competitive pricing make them my top choice.

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5 February 2025

Verified reviewer

Location: Poland

Account types: Standard

5 February 2025

5.0

Verified reviewer

IC Markets provides the best trading experience with ultra-low spreads and fast execution. Highly recommended

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5 February 2025

Verified reviewer

Location: Lithuania

Account types: Standard, Raw Spread

5 February 2025

5.0

Verified reviewer

IC Markets: A Top Choice for Low Spreads and Fast Execution

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5 February 2025

Verified reviewer

Location: Latvia

Account types: Standard, Raw Spread

5 February 2025

5.0

Verified reviewer

IC Markets Review: A Deep Dive into Its Pros and Cons

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30 October 2024

Approved reviewer

Location: Canada

30 October 2024

4.0

Approved reviewer

Been using them for a while, and they’re pretty great when it comes to low spreads and fast execution—perfect if you’re into high-frequency trades. A little bit of slippage, but nothing extreme, tho. Overall, it’s been solid for keeping my costs low.

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Cashback rebates
Notes
What are rebates?
How do rebates work?
How much rebates can I earn?

IC Markets Cashback rebates

Setup Cashback

We will beat any competitor offer!*

Cash back rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.

	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.

Notes

37.50% of commissions paid are based on account currency: 2.625 USD, 3.375 AUD, 2.437 EUR, 2.062 GBP, 2.475 CHF, 3.562 SGD, 20.34 HKD

Rebates are not paid for:

accounts registered with CySEC, Bahamas SCB and ASIC entities
Australian residents

Residents of Australia, Brazil, the EEA, and the UK, please open your account with IC Trading.

What are IC Markets rebates?

IC Markets rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.

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.

How much IC Markets rebates can I earn?

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

Instrument

Deposit currency

Rebate per lot

Lots traded

You must enter a valid number

EUR.USD 1 Pip Size

IC Markets Discussion

Created: 5 July 2024

9 replies

5 participants

Add a post

8 months ago

FXV Moderator

Location: Italy

Joined: 5 years ago

8 months ago

for the crypto traders, you can always check out which brokers have the lowest spreads for cryptos (and more) with our live spreads tool. it's very easy to use and it's accuracy is top-notch, as the spreads are taken from live accounts, and can include trading commissions to give you the real cost of the trade. here's the link: https://www.cashbackforex.com/tools/forex-broker-spreads

Leave a reply

a month ago

Location: Nigeria

Joined: 5 years ago

Replying to post by @Angelus

a month ago

Oh, thank you for this spread comparison tool, it's such a lovely tool, especially how it averages the spread per instrument category. But this is for Cashbackforex where only the the brokers with rebates are being mentioned. It would be lovely if a wider broker list is included for more guides for traders who have a particular broker not listed in mind.

Leave a reply

8 months ago

Location: Hong Kong

Joined: 8 months ago

8 months ago

hi how is it possible that IC Markets has different charts for gold? first image is from MT4 1 minute and shows where gaps occur. second image is from MT5 1 minute and also shows where gaps occur. if it's the same broker, same instrument, why there's gaps on MT4 and different gaps on MT5?

Leave a reply

8 months ago

FXV Moderator

Location: Italy

Joined: 5 years ago

Replying to post by @jakky

8 months ago

Hi #jakky, Most likely the MT4 is connected to a different LP (Liquidity Provider) or liquidity pool. Price differences can happen in 2 trading platforms with the same broker if trading environments are connected to different LPs - after all there's isn't a centralised exchange (unlike stocks, for example) for forex and other CFDs. Same is valid if 2 or 3 brokers using the same platform, and for the same instrument, use different LPs - you'll see price differences happening all the time.

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8 months ago

FXV Moderator

Location: Germany

Joined: 5 years ago

8 months ago

here's an image regarding ICM VPS

Leave a reply

8 months ago

Location: Lithuania

Joined: 8 months ago

8 months ago

hello I want to run a VPS from IC markets. can someone help and tell me the criteria for free VPS? thankyou

Leave a reply

8 months ago

Location: Brunei

Joined: 8 months ago

Replying to comment by @swing trader

8 months ago

Then stay forever with IC Markets.

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By Finance Magnates

Breaking: IC Markets Seeks UAE License

IC Markets, the Australia-headquartered broker, is considering strengthening its Middle East presence by obtaining a license in the United Arab Emirates.

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IC Markets User Reviews

Live Spreads: Industry-Leading Pricing

IC Markets User reviews

IC Markets Overall rating

Regulations: Strong Client Money Protection Measures

Tradable Assets: Over 2500 Instruments Available

Live Swap Rates: Competitive Overnight Holding Costs

Trading Platforms: Suitable for any Trading Style

Deposit/Withdrawals: No Fees and Multiple Currencies Available

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