IC Markets review
Trust 9.3/10One of the largest forex brokers globally. Famous for ultra-tight spreads, deep liquidity, and excellent execution. Top choice for high-volume and algorithmic traders.
ASIC
CySEC
FSA-Seychelles
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At a glance
Min deposit
$200
Max leverage
1:500
EUR/USD spread
0.10 pips
Commission
$7/lot
Pros
- Some of the lowest spreads in the industry
- cTrader, MT4, MT5 all supported
- No restrictions on trading styles
- Deep liquidity from 25+ providers
- Free VPS for active traders
Cons
- Higher minimum deposit
- No proprietary platform
- Limited educational resources for beginners
Account types
| Account | Available | Best for |
|---|---|---|
| Raw / ECN spread | Scalpers, algo traders, high-volume | |
| Standard | All-in spreads, simpler costs | |
| Swap-free / Islamic | Swing traders, religious requirements |
Platform support
| Platform | Supported |
|---|---|
| cTrader | |
| MetaTrader 4 | |
| MetaTrader 5 | |
| TradingView | |
| Proprietary |
Trading costs
| Item | Value |
|---|---|
| EUR/USD avg spread | 0.10 pips |
| Commission per standard lot | $7 round-trip |
| Swap fees competitive? | |
| Withdrawal speed | — |
| Deposit methods | — |
| Base currencies | — |
Best for
Algo traders
Scalpers
High-volume traders
cTrader users