IC Markets, an established player in the trading industry, offers a diverse range of services to its users. Known for its robust technology and seamless user interface, the platform has garnered a significant user base. In this review, we delve into the key features, advantages, and potential areas for improvement, providing a comprehensive overview of IC Markets.


IC Markets offers several notable features that make it a popular choice among traders. Here are some key features of IC Markets:

  1. Range of Trading Platforms: IC Markets provides access to multiple trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. These platforms are known for their user-friendly interfaces, advanced charting tools, and customizable features.
  2. Tight Spreads and Fast Execution: IC Markets offers competitive spreads, starting from as low as 0.0 pips on major currency pairs. The broker utilizes top-tier liquidity providers to ensure fast execution speeds and minimal slippage.
  3. Deep Liquidity Pool: IC Markets connects traders to a deep liquidity pool consisting of over 50 different banks and dark pool liquidity sources. This allows for tight spreads and ample liquidity even during volatile market conditions.
  4. Wide Range of Trading Instruments: Traders have access to a diverse range of financial instruments, including forex, indices, commodities, and cryptocurrencies. This enables them to diversify their trading portfolios and take advantage of various market opportunities.
  5. Flexible Account Types: IC Markets offers different account types to cater to the needs of different traders. These include Raw Spread accounts with low commission fees, Standard accounts with zero commission, and Islamic accounts for traders who follow Shariah principles.
  6. Multiple Funding Options: IC Markets supports various convenient and secure funding methods, such as bank wire transfers, credit/debit cards, and popular e-wallets like Skrill and Neteller. This allows for easy deposits and withdrawals.
  7. Extensive Educational Resources: IC Markets provides a range of educational resources to help traders enhance their knowledge and skills. These resources include webinars, video tutorials, trading guides, and market analysis.
  8. Regulated and Secure: IC Markets is regulated by reputable authorities such as the Australian Securities and Investments Commission (ASIC) and the Seychelles Financial Services Authority (FSA). The broker follows strict regulatory standards and keeps client funds segregated in tier-1 banks for maximum security.

It’s important to note that features may be subject to change. For the most up-to-date information, it’s recommended to visit IC Markets’ official website.

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Trading Platforms

  1. MetaTrader 4 (MT4): MT4 is a popular platform among traders, primarily for its powerful charting tools, automated trading capabilities, and overall user-friendly interface. IC Markets’ version of MT4 comes with additional features like one-click trading, market depth analysis, and direct access to interbank prices, making it a powerful platform for trading a variety of financial instruments.
  2. MetaTrader 5 (MT5): MT5 is essentially an upgraded version of MT4, providing all the features of the former and adding some additional capabilities. These include advanced charting tools, more timeframes, superior back-testing facilities, and a wider range of technical indicators. IC Markets’ MT5 users benefit from faster order execution, spread monitoring, additional pending order types, and a built-in economic calendar.
  3. cTrader: cTrader is known for its sleek design, intuitive user interface, and advanced order capabilities. It provides traders with a comprehensive depth of market (DOM) displays, detachable charts, and automated trading through cTrader Automate. IC Markets’ cTrader also supports simultaneous order processing, which can be a significant advantage in fast-moving markets.

Account Types

IC Markets essentially offers three types of accounts to accommodate the varying needs of its users: Standard, Raw Spread, and Islamic (Swap Free) accounts.

  1. Standard Account: The Standard Account is apt for beginners and less experienced traders. There are no commission fees, but spreads can be marginally higher starting from 1.0 pip.
  2. Raw Spread Account: More suitable for seasoned traders, the Raw Spread Account offers tighter spreads, starting from 0.0 pips. It does, however, involve a commission fee. It’s available on all platforms – MT4, MT5, and cTrader.
  3. Islamic Account: IC Markets also caters to traders following the Islamic faith by offering Shariah-compliant swap-free accounts. These accounts do not incur swap or rollover charges on overnight positions.

It’s crucial to note that all account types offer the same access to all trading instruments and platforms, ensuring a standard experience for all users. IC Markets also offers a Demo Account option for traders who wish to practice their strategies without risking real money. For the most accurate information, please refer to the IC Market’s official website.

Trading Instruments

IC Markets provides an extensive range of trading instruments that cater to various trading interests and preferences:

  1. Forex: With access to over 60 currency pairs, IC Markets offers one of the largest selections in the industry. This includes major pairs such as EUR/USD and USD/JPY, minor pairs, and exotic pairs.
  2. Indices: Traders can speculate on the price movements of major global indices like Dow Jones, NASDAQ, and FTSE 100 among others.
  3. Commodities: IC Markets enables trading on a variety of commodities including precious metals like gold and silver, energy commodities like oil and gas, and soft commodities like coffee and sugar.
  4. Cryptocurrencies: A rising field in the financial market, IC Markets provides the opportunity to trade on various popular cryptocurrencies including Bitcoin, Ethereum, and Ripple.
  5. Bonds: Traders can also invest in the future of some of the world’s largest economies by trading bonds from countries like the US, Japan, and Europe.
  6. Stocks: IC Markets offers a sizable collection of stocks from some of the biggest companies globally. Traders can buy and sell stocks from companies like Amazon, Google, and Microsoft.
  7. Futures: For those who prefer trading on future contracts, IC Markets offers an array of futures including energy, metals, and indices.

Remember, each instrument carries different risks and rewards, and it’s crucial to understand these before beginning to trade. The platform provides detailed information about each instrument, including trading conditions and specifications.

Go to IC Markets website
Platforms & Tools6
Customer Service7
Reader Rating0 Votes0
Wide range of trading instruments
Competitive spreads and commissions
Segregated funds for maximum security
Multiple platform options (MT4, MT5, cTrader)
Extensive educational resources
Limited customer support options
Not available to US traders
No option for social/copy trading
IC Markets is an online broker that's ideal for beginner and experienced traders alike. Its main features include a wide range of trading instruments, competitive spreads and commissions, multiple funding options, extensive educational resources, and secure regulation. It also supports three popular platforms - MT4, MT5, and cTrader - offering a standard experience across all accounts and devices. With its comprehensive range of features and instruments, IC Markets is a great choice for traders who seek an all-in-one solution.

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