Item: IC Markets
Rating: 4.7
Author: BrokrRank

Why choose IC Markets in 2026?

IC Markets is a high-performance ECN (Electronic Communication Network) broker that excels in execution speed and cost-efficiency. It is the go-to destination for automated traders (EAs) and scalpers who require sub-1ms execution.

Pros/Cons

Industry-leading EUR/USD spreads (averaging 0.1 pips) and no withdrawal/inactivity fees; however, the $200 minimum deposit is higher than some "micro-entry" competitors, and the asset library - while broad - is more focused on CFDs than physical ownership.

Fees

Exceptional. The Raw Spread account offers $7.00 round-turn commissions with near-zero spreads, and there are no inactivity fees.

Account Opening

Efficient. A $200 minimum deposit is standard across all account types, with rapid digital verification.

Instruments

Over 2,250+ instruments, including 61+ Forex pairs, 2,100+ Stock CFDs, plus Bonds, Futures, and Cryptos.

Platforms

A "powerhouse" lineup featuring MT4, MT5, cTrader, and TradingView.

Safety

Tier-1 and Tier-2 protection. Regulated by ASIC (Australia), CySEC (Cyprus), FSA (Seychelles), and SCB (Bahamas).

$200

Min deposit

0.0 pips

EUR/USD spread

4

Regulators

2,200+

Instruments

Fees: Exceptional. The Raw Spread account offers $7.00 round-turn commissions with near-zero spreads, and there are no inactivity fees.

Account Opening: Efficient. A $200 minimum deposit is standard across all account types, with rapid digital verification.

Instruments: Over 2,250+ instruments, including 61+ Forex pairs, 2,100+ Stock CFDs, plus Bonds, Futures, and Cryptos.

Platforms: A "powerhouse" lineup featuring MT4, MT5, cTrader, and TradingView.

Safety: Tier-1 and Tier-2 protection. Regulated by ASIC (Australia), CySEC (Cyprus), FSA (Seychelles), and SCB (Bahamas).

What are the pros and cons of IC Markets?

+Advantages

Ultra-Low Latency: Average execution speeds under 40ms via Equinix NY4 servers.

Zero Non-Trading Fees: No fees for deposits, withdrawals, or inactivity - a rarity in 2026.

TradingView Native: Full integration allows for top-tier charting paired with IC’s raw execution.

No Restrictions: Ideal for scalping and hedging; no "minimum stop distance" or FIFO rules (depending on regulation).

−Drawbacks

Higher Minimum Deposit: At $200, it’s less accessible for absolute beginners compared to $1–$10 brokers.

CFD Focus: While offering 2,000+ stocks, these are primarily CFDs, not physical share ownership (outside Australia).

Limited Support: While 24/7, the high volume of users can lead to longer wait times for live chat during peak news events.

Offshore Leverage: The highest leverage (1:1000) is only available through the FSA/SCB entities.

What are IC Markets's fees and spreads?

IC Markets is consistently ranked as one of the lowest-cost brokers globally in 2026 due to its volume-based business model.

Raw Spread Account (MT4/MT5/TradingView)

Spreads from 0.0 pips. Commission is $3.50 per side ($7.00 per round turn) for USD accounts.

cTrader Raw Spread

Spreads from 0.0 pips. Commission is slightly lower at $3.00 per side ($6.00 per round turn) per 100k USD.

Standard Account

$0 commission. Spreads include a markup (typically starting from 0.8 pips on EUR/USD).

Non-Trading Fees

Zero. There are no deposit fees, no withdrawal fees, and no inactivity fees, making it an extremely fair environment for infrequent traders.

Estimate your monthly IC Markets cost

Based on EUR/USD at 0 pips + $7/lot commission ($7.00 per 1.0 lot round-turn).

Average trade size1.0 lots

Trades per month10 trades

Est. monthly cost

$70

$7.00 per trade

How do I open a IC Markets account?

The onboarding process is streamlined for professional speed, though it maintains a higher financial threshold than "retail-first" apps.

Minimum Deposit

$200 (or equivalent in 10 supported base currencies).

Base Currencies

Supports USD, AUD, EUR, GBP, SGD, NZD, JPY, CHF, HKD, and CAD.

Verification

Automated. Users can typically expect account approval within 12–24 hours after uploading standard identity and address documentation.

What trading platforms does IC Markets offer?

In 2026, IC Markets offers arguably the most technically diverse platform suite in the industry.

TradingView

The "Gold Standard" for 2026. Users can trade directly on TradingView charts while utilizing IC Markets’ Raw Spread liquidity.

cTrader

Often cited as the best platform for manual scalping, featuring Level II pricing and advanced "DoM" (Depth of Market) visibility.

MetaTrader 4 & 5

The industry workhorses, supported by IC’s "Advanced Trading Tools" package (20+ additional apps like Sentiment Trader and Correlation Matrix).

Social Trading

Full integration with IC Social, ZuluTrade, and Myfxbook AutoTrade for those looking to copy successful strategies.

What can I trade with IC Markets?

While not a "supermarket" like Swissquote, IC Markets provides a deep, liquid selection of the world's most traded assets.

Forex

61+ pairs, including all majors, minors, and a broad range of exotics.

Stocks & ETFs

Over 2,100+ stock CFDs from the ASX, NYSE, and NASDAQ.

Commodities

22+ products including Energies (Oil/Gas), Metals (Gold/Silver/Platinum), and Softs (Coffee, Sugar, Wheat).

Indices & Bonds

25+ global indices and 9+ Bond CFDs, allowing for macro-economic hedging.

Cryptocurrency

18+ major Crypto CFDs with leverage up to 1:200 (outside the UK/EU).

Is IC Markets regulated and safe?

IC Markets provides a high level of security by maintaining licenses across multiple continents, ensuring compliance with varied global standards.

ASICCySEC

Tier-1 Regulation

Authorized by ASIC (Australia) and CySEC (Cyprus).

Global Licenses

FSA (Seychelles) and SCB (Bahamas).

Fund Protection

Client funds are held in segregated accounts with AA-rated Australian banks (such as Westpac and NAB).

Audit Standards

IC Markets undergoes regular external audits to ensure their "Raw Pricing" claims match their actual execution logs.

Is IC Markets worth it in 2026?

IC Markets is the best choice for the "Technical Scalper" or the "Algo Trader." If your strategy relies on getting in and out of the market in seconds, or if you use Expert Advisors that require the lowest possible spreads, IC Markets is statistically one of the best-performing brokers in 2026.

Recommendation: A strong "Yes" for active traders. While the $200 minimum deposit might be a hurdle for some, the zero withdrawal/inactivity fees and the sub-40ms execution make it a more profitable long-term home for serious capital.

Recommended

80% of retail CFD accounts lose money.

Is IC Markets good for beginners?

If you are moving from a commission-free broker, choose the Raw Spread Account over the Standard Account. Even though you see a $7 commission, the "spread savings" on a 0.0 pip EUR/USD trade will almost always result in a lower total cost than a "free" trade with an 0.8 pip spread. Also, take advantage of the Depth of Market (DoM) tool on cTrader - it shows you the volume of orders waiting at different price levels, which is a massive advantage when trying to find "support" or "resistance" zones.

IC Markets Review 2026: Fees, Features & Verdict

Why choose IC Markets in 2026?

What are the pros and cons of IC Markets?

+Advantages

−Drawbacks

What are IC Markets's fees and spreads?

How do I open a IC Markets account?

What trading platforms does IC Markets offer?

What can I trade with IC Markets?

Is IC Markets regulated and safe?

Is IC Markets worth it in 2026?

Is IC Markets good for beginners?

Frequently Asked Questions

How IC Markets stacks up

IC Markets Review 2026: Fees, Features & Verdict

Why choose IC Markets in 2026?

What are the pros and cons of IC Markets?

+Advantages

−Drawbacks

What are IC Markets's fees and spreads?

How do I open a IC Markets account?

What trading platforms does IC Markets offer?

What can I trade with IC Markets?

Is IC Markets regulated and safe?

Is IC Markets worth it in 2026?

Is IC Markets good for beginners?

Frequently Asked Questions

Is IC Markets regulated?

What is the minimum deposit for IC Markets?

What spreads does IC Markets offer?

Does IC Markets support algorithmic trading?

Is IC Markets good for forex trading?

How IC Markets stacks up