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IC Markets

IC Markets

Raw spreads, strong execution, and platform flexibility for cost-focused trading.

Regulation
ASIC / CySEC (varies by region)
Min Deposit
$200+ (common benchmark)
Spread From
From 0.0 pips (account-type)
Platforms
MT4 / MT5 / cTrader
Best for
Scalping & active traders

Overview

IC Markets is widely compared on one main factor: total trading cost. Traders who place many trades typically evaluate spreads + commission and test execution during high-volatility sessions. Like most global brokers, conditions vary by region and entity, so the smartest approach is to start with a demo account and validate platform behavior before funding a real account.

Trading conditions and costs

If you trade frequently, “Raw spread” style accounts can be attractive because spreads may be tighter, but commission often applies. For many strategies, this can be cheaper than spread-only pricing—but only if your trading frequency is high enough to benefit from tighter spreads.

Execution quality is critical for scalping and short-term systems. Always test on demo first, then track your real costs and slippage with small positions before scaling.

Note: exact pricing and conditions depend on the entity, account type, and instrument.

Platforms and tools

  • • MT4 & MT5: widely used, compatible with many tools and EAs
  • • cTrader: preferred by some traders for interface and execution style
  • • If you use EAs, confirm symbol naming and permissions on demo first

Deposits and withdrawals

Funding methods and withdrawal speed depend on your country and payment provider. A safe practice is to test a small deposit and small withdrawal early, so you know exactly what to expect before you trade with larger balances.

Keep your verification (KYC) ready—withdrawal flows often require full verification.

Account types

Availability and exact pricing depend on region/entity. Use this table as a practical guide.

TypeSpreadsCommissionBest for
Standard (Simple pricing)Spread-based pricing (varies by instrument)Usually none (depends on entity)General trading and beginners who want simplicity
Raw Spread / ECN-styleTighter spreads (often lower, account dependent)Typically applies (account dependent)Scalpers and active traders who care about total cost
cTrader (Raw-style options)Competitive spreads (platform/account dependent)Often applies (account dependent)Traders who prefer cTrader execution and interface
Tip: If your strategy is cost-sensitive, compare weekly “total cost” (spread + commission + swaps).

FAQ

Is the IC Markets demo account free?
Yes—demo accounts are typically free. It’s the best way to test spreads, execution quality, and platform stability before using real funds.
What is IC Markets best known for?
IC Markets is commonly associated with cost-focused trading and execution. Many traders compare it mainly on total cost (spreads + commission) and platform options like MT4/MT5/cTrader.
Does IC Markets support MT4, MT5, and cTrader?
In many regions, IC Markets offers MT4, MT5, and cTrader. Exact availability may vary depending on the entity and your location.
Is IC Markets regulated?
IC Markets operates under different regulated entities depending on region. Always confirm the exact entity and license information shown during signup.
What’s the difference between Standard and Raw accounts?
Standard accounts are usually spread-only pricing (simpler). Raw accounts typically offer tighter spreads but charge a commission—often better for frequent trading if your strategy is cost-sensitive.
What affects spreads and execution?
Spreads depend on instrument, market volatility, session time, and account type. Execution can differ during news events, low-liquidity hours, or fast markets—demo testing helps validate real conditions.
How do deposits and withdrawals work?
Funding options and withdrawal times vary by payment method and region. The safest approach is to deposit a small amount and test a small withdrawal early.
Can I use EAs (robots) with IC Markets?
Usually yes on MT4/MT5. If you use automation, test on demo to confirm symbol settings, execution behavior, and permissions before going live.

Pros

  • ✅ Cost-focused trading conditions (account dependent)
  • ✅ Multiple platform options (MT4/MT5/cTrader)
  • ✅ Popular for scalping and active trading styles
  • ✅ Demo-first testing is straightforward

Cons

  • ⚠️ Conditions vary by region/entity
  • ⚠️ Raw accounts often include commission
  • ⚠️ Spreads and execution can change during volatility
Ready to open an account?
Open your IC Markets account in minutes
Start with demo to test costs and execution, then switch to real when ready.
Next step
Test with demo, then open a real account
Demo testing helps you validate spreads, commission impact, and execution behavior before funding.