Broker Review
IC Markets
IC Markets is a leading Australian-based ECN broker founded in 2007. Known for its deep liquidity and raw spreads from 0.0 pips, IC Markets is a top choice for scalpers, day traders, and algorithmic traders worldwide.
The broker offers the full MetaTrader suite (MT4, MT5) along with cTrader, providing ECN pricing with ultra-low latency execution. IC Markets aggregates pricing from over 25 tier-1 banks and non-bank liquidity providers.
Regulated by ASIC and CySEC, IC Markets has built a strong reputation for reliable execution and competitive pricing. With a $200 minimum deposit, it caters to serious retail traders looking for institutional-grade trading conditions.
Ratings Breakdown
Pros
- True ECN pricing with raw spreads
- Ultra-fast execution
- Deep liquidity from 25+ tier-1 banks
- Multiple platform options
- Free VPS hosting
- Low commission rates
Cons
- Minimum deposit $200
- Not available in US
- Some regulatory restrictions by region
Key Details
| Regulation | ASIC, CySEC, FSA, SCB |
|---|---|
| Minimum Deposit | $200 |
| Platforms | MT4, MT5, cTrader, WebTrader |
| Leverage | Up to 1:500 |
| Assets | Forex, Indices, Commodities, Crypto CFDs, Shares, Bonds |
| Spreads | From 0.0 pips |
Funding
| Deposit Methods | Credit/Debit Cards, Bank Wire, PayPal, Skrill, Neteller, UnionPay |
|---|---|
| Withdrawal Methods | Credit/Debit Cards, Bank Wire, PayPal, Skrill, Neteller |
Support
24/7 Multilingual Support
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