IC Markets Review

Company Name: International Capital Markets Pty Ltd (IC Markets)
Founded: 2007
Headquarters: Australia
Regulator: ASIC
Minimum Deposit: $200

Note: Open an IC Markets True ECN account and enjoy up to 21.5% direct live commission discounts!

IMPORTANT: IC Markets does not accept clients from the following countries: Afghanistan, Burma (Myanmar), Canada, Central African Republic, Cote d’Ivoire, Democratic People’s Republic of Korea (North Korea), Democratic Republic of the Congo, Eritrea, Former Federal Republic of Yugoslavia (FFRY), Iran, Iraq, Japan, Liberia, Libya, New Zealand, Somalia, Sudan, Syria, Yemen, Zimbabwe, and the United States of America (USA).

IC Markets Review – Best Forex Broker for Active Traders, Scalpers, and EAs

IC Markets is a leading True ECN forex broker in 2025, offering tailor-made trading solutions for active day traders, scalpers, and beginners entering the Forex market. It is also a top choice for those using FX Expert Advisors (EA). This brokerage provides cutting-edge trading platforms, low-latency connectivity, and superior liquidity, making it one of the most reliable choices for traders worldwide.

IC Markets has revolutionized online forex trading by granting retail traders access to pricing and liquidity once available only to investment banks and high-net-worth individuals.

Founded in Sydney, Australia, in 2007 by financial services professionals, IC Markets aims to create a transparent trading environment for both retail and institutional clients, allowing traders to focus on their strategies without worrying about execution quality or costs. Built by traders for traders, IC Markets is committed to superior spreads, reliable execution, and unmatched customer service.

Regulation and Compliance

IC Markets is authorized and regulated by the Australian Securities and Investments Commission (ASIC), ensuring a secure trading environment monitored by one of the strictest financial regulators in the world.

ASIC oversees Australian financial markets to maintain transparency and fairness, fostering confidence among investors. Established under the ASIC Act and operating primarily under the Corporations Act, ASIC enforces strict compliance standards. IC Markets undergoes independent audits to meet these regulatory obligations.

The company complies with the Australian Anti-Money Laundering and Counter-Terrorism Financial Act 2006 through robust policies and procedures, preventing illegal activities. Traders must submit required documentation before opening accounts as part of this compliance.

IC Markets holds an Australian Financial Services Licence (AFSL No. 335692), which authorizes its financial services operations in Australia.

Trading Platforms

IC Markets offers three advanced trading platforms, ensuring a solution for every trader’s needs and strategies. These platforms are also available as mobile apps for Android, iPhone, and iPad.

• MetaTrader 4 (MT4):
  The widely popular MT4 platform is ideal for forex trading thanks to its user-friendly interface, feature-rich environment, and automated trading capabilities. IC Markets’ MT4 platform includes both Standard and True ECN account options. With innovative features and partnerships with technology providers, IC Markets has upgraded MT4 to meet all traders’ demands.
• MetaTrader 5 (MT5):
  An enhanced and updated version of its predecessor, MT5 offers advanced charting features and sophisticated order-management tools. This platform supports fast and efficient tracking of trades with numerous added functionalities, optimized for trading precision.
• cTrader:
  cTrader combines lightning-fast execution with IC Markets’ True ECN environment and multi-bank liquidity, delivering an optimal trading solution. This platform allows access to deep liquidity in 64 currency pairs and 16 major equity indices. Designed specifically for scalpers and active traders, cTrader ensures seamless trading in an ECN environment.

Tradable Instruments

IC Markets provides access to an extensive range of markets 24/7, including Forex, indices, commodities, stocks, bonds, cryptocurrencies, and futures.

• Forex:
  Trade 60 currency pairs with spreads as low as 0.0 pips, maximum leverage of 1:500, and deep interbank liquidity.
• Indices:
  Choose from 16 global index CFD’s with spreads starting at 0.5 points. Enjoy commission-free trading 24/5.
• Commodities:
  Trade energy, agricultural, and metal commodities with flexible lot sizes starting at 10 cents per point.
• Stocks:
  Access over 120+ large-cap stock CFD’s from major exchanges such as NYSE, NASDAQ, and ASX.
• Bonds:
  Diversify your strategies with 6 bond CFD’s issued by governments in regions including the U.S., Europe, Japan, and the U.K.
• Cryptocurrencies:
  Trade the world’s largest cryptocurrencies like Bitcoin and Ethereum with leverage up to 1:20, avoiding risks posed by unregulated crypto exchanges.
• Futures:
  Gain exposure to global futures markets via CFD’s, including the ICE Dollar Index and CBOE VIX Index.

Account Types

IC Markets offers three primary account types, catering to traders of all levels and strategies:

1. True ECN Account (cTrader):
   Designed for scalpers and day traders, the cTrader account provides ultra-tight spreads starting from 0.0 pips with a commission of $3 per side per lot. Average spreads on EURUSD are as low as 0.1 pips.
2. True ECN Account (MetaTrader):
   Built for advanced trading, this account provides spreads starting from 0.0 pips, with a $7 round-turn commission per standard lot.
3. Standard Account:
   The standard account offers spreads from 1 pip without any commission, suitable for those preferring simpler setups.

All accounts support hedging and scalping, and Islamic accounts are available upon request.

Account Types Comparison

IC Markets MetaTrader 4 and 5 platforms have no restrictions on trading!

They have some of the best trading conditions for scalping and high frequency trading and Forex Expert Advisor trading globally, allowing traders to place orders between the spread as there is no minimum order distance and a freeze level of 0. This means orders including stop loss orders can be placed as close to the market price as you like.

Traders can also hedge positions as there is no first in first out (FIFO) rule with IC Markets. Traders do not pay margin on hedged trades and enjoy the benefits of margin netting.

Trading Conditions

IC Markets ensures the best trading execution and conditions globally:

• Spreads:
  Market-leading spreads as low as 0.0 pips, aggregated from over 50 banks and liquidity sources.
• Leverage:
  Up to 1:500 leverage allows retail traders to enhance their market participation while minimizing the required margin.
• Execution:
  State-of-the-art low-latency servers in Equinix NY4 ensure exceptional execution speeds.
• Hedging & Scalping:
  Traders can hedge positions without margin requirements and enjoy no FIFO restrictions.

How To Install The FX Expert Advisor (Forex EA) In MetaTrader 4 (MT4)

Learn how to install Expert Advisors on your MetaTrader 4 terminal. The video will guide you step by step with the MT4 EAs installation.

IC Markets – Account Funding and Withdrawals

IC Markets offers over 15 payment methods, ensuring flexibility and convenience with multiple base currencies supported. Deposits are free and processed instantly through bank transfers, credit/debit cards, PayPal, Skrill, Neteller, and more.

Withdrawals submitted before 12:00 AEST/AEDT are processed the same business day. While IC Markets does not charge withdrawal fees, bank-related fees may apply for international transfers.

Promotions and Bonuses

• Free VPS Service:
  Traders who meet a minimum monthly trading volume of 15 lots qualify for free VPS services, ensuring uninterrupted trading.

Customer Support

IC Markets provides professional customer support 24/5 through live chat, email, phone, and an extensive FAQ section.

Conclusion

IC Markets is a top forex broker for high-volume traders, scalpers, and investors utilizing Expert Advisors. With its transparent True ECN environment, advanced trading platforms, and excellent trading conditions, IC Markets remains a premier choice for traders globally.

IC Markets – Real User Testimonials & Star Ratings

User Testimonial 1: Alex S. – New Trader

⭐️⭐️⭐️⭐️⭐️

“I just started trading with IC Markets, and I’m very impressed! The onboarding process was seamless, and the minimum deposit of $200 made it easy to get started. I love the True ECN account for tight spreads, which makes a significant difference in my trades. Their educational materials and online support have been incredibly helpful for a beginner like me. Highly recommend to anyone starting their trading journey!”

User Testimonial 2: Julia T. – Forex Enthusiast

⭐️⭐️⭐️⭐️

“As an experienced trader, I was looking for a broker that would offer me direct access to the market without excessive fees, and IC Markets delivers. The spreads are some of the best I’ve seen, and their execution speeds are excellent. The variety of trading platforms available is also a great advantage; I particularly enjoy using MetaTrader 4. My only concern is that they don’t accept US clients, but otherwise, I’m quite satisfied!”

User Testimonial 3: Mark R. – Day Trader

⭐️⭐️⭐️⭐️⭐️

“I’ve been day trading with IC Markets for over a year, and it has really enhanced my trading experience. The True ECN account allows me to trade with very low spreads, and I appreciate the transparency in their pricing. The customer service has been fantastic, always ready to assist with any inquiries. Overall, it’s a great environment for serious traders!”

User Testimonial 4: Sarah K. – Part-Time Investor

⭐️⭐️⭐️⭐️

“I recently signed up for IC Markets, and the experience has been mostly positive. I appreciate their quick and free deposits and withdrawals, which makes managing my funds a breeze. The educational resources are helpful, especially the live support, which answers all my questions. The only downside I’ve experienced is the lack of a mobile app with full features, but I do enjoy trading on my laptop.”

User Testimonial 5: Thomas G. – Scalper

⭐️⭐️⭐️⭐️⭐️

“I can confidently say that IC Markets is ideal for scalping! The execution speeds are lightning fast, and the low latency ensures that my trades are executed at the right time. The True ECN account with its low spreads is perfect for my strategy. Also, having access to multiple funding options, including PayPal, has made transactions very easy. I highly recommend IC Markets to fellow scalpers in the trading community!”