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Pipcompass

Broker profile

IC Markets

Ranked #8 of 15 fully scored brokers. 12 of 13 fields verified. Last verified .

Pipcompass score

100% data
77.8/100

Badges state facts from licence registers, regulator warning lists and RDAP. They are not a rating. How we check.

Key facts

Founded
2007ic.com, verified 11 Oct 2026Founded in Sydney, Australia.
Headquarters
Not verified
Platforms
MT4, MT5, cTrader, TradingViewic.com, verified 11 Oct 2026MT4, MT5 and cTrader on the account page; TradingView listed in the ic.com navigation.
Minimum deposit
$200ic.com, verified 11 Oct 2026FAQ: USD 200 or equivalent.
Max. leverage
1:5000ic.com, verified 11 Oct 2026
Copy trading
Offeredic.com, verified 11 Oct 2026IC Social, cTrader Copy, ZuluTrade and others.
Swap-free / Islamic
Offeredic.com, verified 11 Oct 2026Swap Free account listed.
Deposit methods
Visa, Mastercard, Apple Pay, Google Pay, Skrill, Netelleric.com, verified 11 Oct 2026
Restricted countries
US, CA, NZ, IR, KPic.com, verified 11 Oct 2026Plus any country where use would be contrary to local law.Partial list. Absence of a country does not confirm the broker accepts it.

Regulation and legal entities

Which entity you sign up with decides which rules protect you. Check the licence number on the regulator’s register before you deposit.

IC Markets legal entities and licences
EntityRegulatorLicence / ref.Tier
Raw Trading LtdFSA (Seychelles)SeychellesSD018Tier 3: offshore or registration-only
International Capital Markets Pty LtdAustralian entity (company reg. 123 289 109).Source: icmarkets.com.au, verified 11 Oct 2026ASICAustraliaAFSL 335692Tier 1: major regulator
IC Markets (EU) LtdEU entity; licence also shown on the CySEC register.Source: icmarkets.eu, verified 11 Oct 2026CySECCyprus (EU)362/18Tier 1: major regulator

Source: ic.com, verified 11 Oct 2026 The global site (ic.com) shows only the Seychelles entity; the Australian and EU entities are taken from the group's regional sites.

Accounts and advertised costs

Figures are the broker’s advertised “from” values, not measured averages. Live spread testing: not yet tested.

IC Markets account types
AccountMin. depositSpread from (advertised)Commission / sideMeasured spread
Standard$2000.8NoneNot yet tested
Raw Spread$2000.0$3.50Not yet tested
cTrader Raw Spread———Not yet tested
Swap Free———Not yet tested

Source: ic.com, verified 11 Oct 2026

Lowest spread, no-commission account
from 0.80ic.com, verified 11 Oct 2026EUR/USD "from" spread, Standard account.
Raw account commission
$3.50 per lot per sideic.com, verified 11 Oct 2026USD 3.50 per lot per side.

Strengths and drawbacks from the data

Generated by fixed rules from the fields above. Each rule is listed on the methodology page.

Strengths

  • Holds Tier 1 licences (ASIC, CySEC) in at least one group entity.
  • Wide platform choice: MT4, MT5, cTrader, TradingView.
  • Copy trading offered.
  • Swap-free (Islamic) option offered.

Drawbacks or gaps

  • Minimum deposit of $200 is above the $100 most brokers here ask for.
  • Raw-account commission of $3.50 per side ($7.00 round turn).

Score breakdown

IC Markets score breakdown
CategoryWeightPointsBased on
Regulation35%85Best tier 1; 2 Tier 1–2 regulators
Advertised costs20%47$3.50/side commission; from 0.8 spread
Platforms15%85MT4, MT5, cTrader, TradingView
Minimum deposit10%60$200
Copy trading and swap-free10%100copy trading, swap-free
Disclosure10%100100% licence numbers shown; restricted list published

Total 77.8 out of 100, from 100% of the weight. Categories without data are left out and the rest rescaled.

Sources

  1. https://www.ic.com/en/start-forex-tradingUsed for: founded, minDeposit, maxLeverage, standardSpreadFrom, rawCommissionPerSide, copyTrading. Checked 11 Oct 2026.
  2. https://www.ic.com/enUsed for: entities, platforms, accountTypes, depositMethods, swapFree, restrictedCountries. Checked 11 Oct 2026.
  3. https://www.icmarkets.com.au/en/Used for: entities (International Capital Markets Pty Ltd). Checked 11 Oct 2026.
  4. https://www.icmarkets.eu/en/Used for: entities (IC Markets (EU) Ltd). Checked 11 Oct 2026.