IC Markets is an ECN Forex broker based in Australia offering tight spreads and state-of-the-art trading technology.

Here are the key points of the IC Markets Review:

  • Minimum account size: $200 for MT4 account | $1,000 for cTrader account
  • Minimum lot size: 0.01
  • Trading Leverage: up to 30:1
  • Payment options: Bank Wire, Credit Card, Skrill, Webmoney, and Neteller
  • Automatic Trading / Scalping: Fully allowed, API Trading
  • Trading Platforms: MetaTrader-4, MetaTrader-5, MT4 for iPhone and Android, cTrader, Mobile cTrader, cAlgo, MAM/PAMM platforms, Myfxbook Autotrade, FIX API
  • Social Trading: via ZuluTrade and SignalTrader
  • Trading Spreads: start as low as 0.1 pip
  • Trading Commissions: $7 / full round turn lot
  • US Traders: No
  • Swap-Free Accounts: Yes
  • Account Currencies: USD, AUD, GBP, JPY, EUR, NZD, CHF, SGD
  • Customer Support: Chinese, English, French, German, Italian, Japanese, Spanish
  • Promotions: Free Education
  • PAMM/MAM: Yes

► ECN Trading with IC MARKETS


IC MARKETS Corporate Profile

IC Markets is an Australian-based ECN Forex broker founded in 2007. IC Markets is part of the International Capital Markets Pty. LTD.

Regulatory Compliance

IC Markets is an ASIC regulated Forex broker (license 335692). The broker keeps client funds segregated from operating funds. Client Segregation is made via Australian banks in Westpac and National Australia Bank (NAB).

IC Markets is also a member of the Financial Ombudsman Service (FOS). If you have a complaint regarding IC Markets, the FOS provides an internal dispute resolution procedure. If your problem is not solved then FOS will be engaged for an independent assessment of the complaint. Then FOS will force IC Markets to accept any decision. This is a very interesting feature that protects all IC Markets traders against future broker fraud.

  • Headquarters: Sydney, Australia
  • Other Offices: Hong Kong, Vietnam
  • Foundation: 2007
  • Regulation: ASIC (licence 335692)
  • Audited: independent, external auditor
  • Protection Against Fraud: FOS (check above)


IC Markets offers real ECN execution and very tight spreads. The ECN float spreads offered by IC Markets start as low as 0.1 pips by charging commissions of $7/ full traded lot. IC Markets typical spreads on major pairs are as follows:

  • Leverage: 30:1 max
  • Scalping: Allowed
  • Hedging: Allowed
  • Trailing Stops: Yes
  • Spreads: EUR/USD spread 0.1 pip, GBPUSD 0.5 pip and USDJPY 0.3 pip
  • Commissions: $7 per full round lot

IC MARKETS is a very good choice for day-trading and scalping Forex.

  • Demo: Yes
  • Server Timezone: GMT+2
  • API Trading: Yes
  • VPS for TradersFree VPS (100 round turn lots per calendar month are required)


IC MARKETS Asset Index

IC Markets offer many Forex pairs plus Metals, Energy and Equity Indices via CFDs:

  • 56 currency pairs
  • 4 major metals
  • Equities (12 index CFDs)
  • Energies (Brent and WTI)


IC MARKETS Accounts & Funding Methods

The minimum account at IC Markets starts as low as $200 but if you want to use the cTrader platform you need to deposit at least $1,000. IC Markets offers several funding methods including Wire, Credit Cards, Skrill, Webmoney, and Neteller. Funds transferred via Cards, Skrill, and Webmoney are available for trading within 30 minutes. Domestic bank wire transfers and Bpay deposits are processed overnight. International bank wire may need up to 4 days.

  • Broker Type: ECN
  • Account Currencies: USD, AUD, GBP, JPY, EUR, NZD, CHF, SGD
  • Payment Options: Bank Wire, Credit Card, Skrill, Webmoney, and Neteller
  • Minimum Deposit: $200 for MT4 account | $1,000 for cTrader account
  • Free Demo: Yes
  • US Traders: No
  • Swap-Free Accounts: Yes


ICMarkets offer the following account types:

a) Standard Account: $200 minimum deposit, maximum leverage 30:1, and minimum lot size 0.01 lots.

b) True ECN Account: $200 minimum deposit, maximum leverage 30:1, and minimum lot size 0.01 lots.

c) cTrader ECN Account: $,5000 minimum deposit and maximum leverage 30:1, spreads as low as 0.1 pips (floating spread).

d) Swap-Free variations of the above account types for Islamic traders

► Register a Real ECN Account with IC MARKETS


IC MARKETS Trading Platforms

IC MARKETS provides MetaTrader-4 for PC and MAC, cTrader, cAlgo, MetaTrader-5, MAM / PAMM platforms, Myfxbook Autotrade, FIX API.  Mobile Traders are available for iPhone and Android. Automatic Trading, Scalping, Hedging and Expert Advisors are all allowed.

MT4 for PC and MAC

  • 130 built-in indicators
  • Full set of trade orders
  • Expert Advisors (EAs)
  • Historical backtesting
  • Advanced charting functionality
  • True ECN spreads
  • No trading restrictions – Scalping Allowed
  • 64 Currencies & Metals and 15 CFDs

cTrader Web

  • True ECN spreads
  • No order or trade restrictions
  • Trade micro lots 0.01
  • Full market depth
  • Multiple order types
  • Advanced charting functionality
  • Leverage of up to 1:30
  • Ultra-low latency execution
  • Use the same trading account when using both cTrader and cTrader Web

Language Support: English, Russian, French, Spanish, Portuguese, Polish, Japanese, Korean, Chinese, Italian, Greek, Turkish, Hungarian, Vietnamese, Arabic, and German

Trading Platforms

MetaTrader-4 for PC and MAC, MT4 for iPhone and Android, cTrader, Mobile cTrader cAlgo, MetaTrader-5, MAM / PAMM platforms, Myfxbook Autotrade, FIX API

Automatic, Trading and Scalping


API Trading


Stop Orders:


Limit Orders:


Market Orders:


Trailing Stop Orders:


OCO Orders:


1-Click Trading:



IC MARKETS Customer Service

Here are the main features of the IC MARKETS Customer Service:

  • Support Methods: Phone, Live Chat, E-mail
  • Languages: Chinese, English, French, German, Italian, Japanese, Spanish
  • Offices: Australia, Hong Kong, Vietnam



The IC Markets MAM/PAMM Account uses the IC Markets MT4 server. The Allocation Methods include:

  • Proportional by Balance Allocation
  • Proportional by Equity Allocation

IC Markets MAM/PAMM Account Features

  • Managers can adjust trade parameters in real-time
  • Unlimited trading accounts
  • Trades all lot sizes (Mini, Micro, and Standard Lot)
  • All order types are accepted
  • Allows trading via Expert Advisor (EA)
  • Market watch window

Features for PAMM Managers

  • Supports Money Managers and EA Managers
  • Add/remove funds without affecting the trading activity
  • Advanced reporting analytics displayed to managers and their clients

► Register an Account with IC MARKETS


IC MARKETS Review Summary

IC Markets is a very good choice for day-traders and professional traders. It offers real ECN trading conditions and the safety of money. The broker is regulated by the Australian Securities and Investments Commission (ASIC) and client funds are segregated via top Australian Banks.

IC Markets provides a great variety of trading platforms including MT4, MT5, and cTrader plus mobile trading and signals from ZuluTrade and SignalTrader. Auto-Trading and Forex Scalping are fully allowed. IC Markets is a true ECN forex broker offering 55+ Forex pairs but it offers also CFD assets including 4 Metals, 12 Equity Indexes, and several Energy Assets. The spreads offered by IC Markets are very tight and start as low as 0.1 pips on EURUSD plus a trading commission of $7/lot. Low latency on execution and onboard VPS strengthen further the potential for day trading and scalping.

There are several fund methods available and the minimum deposit requirement is $200 for MT4 Accounts and $1,000 for cTrader Accounts. There is no Welcome bonus policy but traders can claim a rebate via Forex-Rebates.com.

IC MARKETS Review Pros:

  1. Safety of Funds via ASIC Regulation, client fund segregation, and FOS membership
  2. Real ECN Conditions / Tight trading spreads
  3. Over 55 Forex pairs plus Metals, Energies, and Equities
  4. Cryptocurrency trading
  5. Many trading platforms including MT4, MT5, cTrader, and cAlgo
  6. Supports ZuluTrade and SignalTrader
  7. Automatic trading and scalping are fully allowed
  8. FIX/API trading
  9. PAMM/MAM accounts

IC MARKETS Review Cons:

  1. Poor trading promotions (no welcome bonus)



Starting an ECN Account with IC MARKETS

Opening an account with IC Markets starts by completing an online application form. Once the application is approved, the trading account login details are emailed directly. The process takes a few hours. To withdraw funds you need to upload the following documents:

Identification (photo ID)

• clear and visible
• issued by a government agency
• Name, Signature and Expiry Date

Proof of Address

• Issued within 3 months
• Must show the same name and address as your application

 Register with IC MARKETS (minimum account $200)



REVIEW BROKERS» IC Markets | » FP Markets | » AXI | » Dukascopy | » FBS



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Forex Cash Bonuses

Forex Cash Bonuses□ 20% MULTIBANK BONUS (UP TO $40,000, WITHDRAWABLE)

10% as a cashback bonus + another 10% as credit


  • The Cashback Bonus is withdrawable
  • On all accounts, except the Pro Account




The 100% LQDFX cash Bonus applies to all deposits above $250, in all account types, and it is instantly credited.


-1-. The maximum cumulative amount that can be earned is 20,000 USD/EUR per trading account.
-2-. The 100% Bonus Value is calculated as $5 USD per round turn lot traded. (100,000 units round turn) traded on FX & Gold products
-3- Positions open for less than three minutes are not eligible to qualify towards the volume requirement.
-4- The 100% Bonus can be withdrawn
-5- Minimum deposit amount to qualify for the 100% bonus is $250 per deposit





-1- Trade and multiply your profit with a maximum leverage of 1:500
-2- Profit received on the bonus funds is withdrawable after 2 lots are traded, and profit reaches $25 or more
-3- Maximum profit made with the Bonus account is $500



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