- Tier 1 Regulated
- Tested on Live Account
- No crypto deposits/withdrawals
Live Spreads: Highly competitive
We analyze the combined spread and commission cost averaged over time. Compared to other market leaders IC Markets is highly competitive on core offerings like forex and gold. The table above displays combined spread and commission costs sampled from live accounts using our spread analyzer tool. To compare IC markets to other brokers or symbols than the ones shown, click the orange edit button and select new brokers or symbols.
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 User reviews
IC Markets is loved by many traders and it shows in their user reviews, with a current rank of #1 in the world in our system according to verified users that proved they have a live trading account.
IC Markets Overall rating
Rating | Weight | |
User Rating |
4.8 (719 reviews)
|
3 |
Popularity |
5.0
|
3 |
Regulation |
5.0
|
2 |
Pricing rating |
5.0
|
1 |
Features |
5.0
|
1 |
Customer Support |
5.0
|
1 |
IC Markets, founded in 2007, has a long history of excellent user reviews coming from verified customers and currently ranks #1 among all brokers for user ranking. The brand is considered highly trusted by users. It's highly regulated in multiple jurisdictions including the EU (Cyprus), Australia, and Seychelles. One of the most popular brokers globally, it receives over 3 million organic monthly visits according to recent data from SimilarWeb. It is privately owned and not licensed as a bank.
Regulation: Tier-1 Regulated
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 | up to €20,000 | 30 : 1 | ||||
Raw Trading Ltd | 500 : 1 |
IC Markets is highly regulated, with licenses in the EU (Cyprus), Australia, and Seychelles. IC Markets offers deposit insurance under the Cyprus regulation, providing compensation up to €20,000 in case the broker fails. There is no investor compensation scheme under Australia ASIC and Seychelles FSA regulations.
Available Assets: Search all tradable instruments
IC Markets offers over 2500 tradable assets including forex, CFD's on indices, commodities, crypto, bonds, and over 2000 global stock CFD's. The live symbol search above is taken from live accounts synced to our system.
CFDs (Contracts for Difference) allow traders to speculate on the price movement of various assets without owning the underlying asset. This can provide leverage and flexibility but can also increase risk.
Live Swap Rates: Highly competitive with other market leaders
Compared to other industry leaders, IC Markets offers highly competitive swap rates. Data from the table above is taken from live accounts using our swap rate analyzer tool. To compare the swap rates of different brokers or symbols than the ones shown, click the orange edit button.
Swap rates, also known as financing fees, are charged by brokers for holding positions overnight. These fees can either be positive or negative. Positive swap rates pay out to the trader, while negative swap rates incur a cost.
Deposits/Withdrawals: Methods and Fees
IC Markets does not charge fees on deposits and withdrawals, however the payment provider may charge fees. *Intermediary fees on payments to and from some banking institutions may be incurred.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 |
Trading Platforms: MT4, MT5, cTrader, TradingView
Platform | Type | Automated Trading |
---|---|---|
MetaTrader 4 | Desktop, Mobile, Web | Yes, supports MQL4 programming language |
MetaTrader 5 | Desktop, Mobile, Web | Yes, supports MQL5 programming language |
cTrader | Desktop, Mobile, Web | Yes, supports C# programming language |
TradingView | Desktop, Mobile, Web | Yes, supports Pine Script programming language |
IC Markets offers reliable, fast and intuitive trading platforms that work on desktop, web, and smartphones. These include Metatrader 4 and 5, which are loved for their easy-to-learn programming of automated trading robots, and cTrader and TradingView.
Leverage: Up to 500:1 under Seychelles Entity
IC Markets offers varying leverage levels depending on the regulatory entity under which the account is opened. Under the Australian and Cyprus regulation, the maximum leverage is 30:1 for retail clients. Under the SC FSA regulation, IC Markets offers leverage up to 500:1, providing more flexibility for traders seeking higher leverage. Higher leverage can amplify both gains and losses.
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, 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 |
IC Markets Promotions
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.
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.
How much IC Markets rebates can I earn?
IC Markets Symbols
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