IC Markets review

3 licensed entities · ic.com

✓ Checked Oct 14, 2026

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Coinish Score

66/100

Forex in Croatia

Editor Rating

4.1/5

Forex in Australia

Best rank

5 of 26

Forex in Croatia

EUR/USD cost

0.6 pips

In short

Licensed by ASIC, FSA Seychelles and CySEC.
3 licensed companies, so the one you sign up with depends on where you live.
Offers forex, CFDs, with 2,850+ instruments.
Trade on MT4, MT5 and cTrader.
Support by live chat and email.

The global site (as seen from Cyprus) signs clients up through the Seychelles entity. IC Markets (EU) Ltd (CySEC 362/18) is on the CySEC register, but none of the pages we saved says which countries it serves.

What it costs

EUR/USD all-in cost	0.6 pips, Raw Spread on cTrader/TradingView (min spread 0.0 pips + $3 per $100,000 per side)
Inactivity fee	None
Withdrawal fee	None
Minimum deposit	$0 (Raw Trading Ltd (IC Markets Global))

4.1/5

How we rated it · Forex in Australia (International Capital Markets Pty. Ltd.)

Computed from verified facts only, with published thresholds. 95% of the rating weight is backed by data. Method →

Regulation & safety 25%
3.8
Trading costs 25%
4.7
Markets & products 15%
3.5
Platforms & tools 10%
5.0
Deposits & withdrawals 10%
4.5
Account options 5%
not scored
Support 10%
4.0

Moderate

Market Signal

✓ Real data

Computed from Ahrefs + Semrush data about IC Markets’s own website. Not an assessment of the broker itself: it makes up half of the Coinish Score and never changes the Editor Rating. How this works →

Market strength

Where it stands today

Momentum

98 Rising Fast ↑↑

Where it’s heading

Data confidence

Medium

How much to trust it

Traffic strength
47
Search visibility
35
Authority
45
Brand & market presence
42

Tick mark = category average.

Compared with 88 tracked trading platforms. Data through October 2026, pulled Nov 2, 2026.

Who holds your account

The company you sign up with depends on where you live. Its regulator decides your protections.

Entity	Regulator	Licence	Serves	CFD loss %
International Capital Markets Pty. Ltd.	ASIC Tier 1	335692	Australia inferred from the licence	–
Raw Trading Ltd (IC Markets Global)	FSA Seychelles Tier 3 (offshore)	SD018	Rest of world named on the regional site	–
IC Markets (EU) Ltd	CySEC Tier 2	362/18	Cyprus, Austria, Belgium, BG, Croatia, CZ, Denmark, EE, Finland, France, Germany, GR, HU, IS, Ireland, Italy, LV, LI, LT, LU, MT, Netherlands, Norway, Poland, Portugal, Romania, SK, SI, Spain, Sweden listed in the regulator's register	–

Entity

Regulator

Licence

Serves

CFD loss %

International Capital Markets Pty. Ltd.

ASIC

Tier 1

335692

Australia

inferred from the licence

–

Raw Trading Ltd (IC Markets Global)

FSA Seychelles

Tier 3 (offshore)

SD018

Rest of world

named on the regional site

–

IC Markets (EU) Ltd

CySEC

Tier 2

362/18

Cyprus, Austria, Belgium, BG, Croatia, CZ, Denmark, EE, Finland, France, Germany, GR, HU, IS, Ireland, Italy, LV, LI, LT, LU, MT, Netherlands, Norway, Poland, Portugal, Romania, SK, SI, Spain, Sweden

listed in the regulator's register

–

Platforms, funding and support

Products	Forex, CFDs
Owner	Not verified yet
Instruments	2,850+
Platforms	MT4, MT5, cTrader, TradingView, IC Mobile App
Deposit methods	Credit/debit card, PayPal, Neteller, Skrill, Wire transfer, BPAY, Broker to broker
Withdrawal time (stated)	processed within 1 working day; transfer time depends on method
Demo account	Not verified yet
Support	live chat, email · 24/7

IC Markets ratings by country (24)

We rate IC Markets separately on each of the 24 country lists it appears on, based on the company that would hold your account there. The breakdown above is for its highest-rated one.

Country	Product	Entity	Access	Rating
Australia	Forex	International Capital Markets Pty. Ltd.	Locally licensed	4.1/5
Australia	CFDs	International Capital Markets Pty. Ltd.	Locally licensed	4.1/5
Germany	Forex	IC Markets (EU) Ltd	EU passport	3.9/5
Germany	CFDs	IC Markets (EU) Ltd	EU passport	3.9/5
Netherlands	Forex	IC Markets (EU) Ltd	EU passport	3.9/5
Netherlands	CFDs	IC Markets (EU) Ltd	EU passport	3.9/5
Italy	Forex	IC Markets (EU) Ltd	EU passport	3.9/5
Italy	CFDs	IC Markets (EU) Ltd	EU passport	3.9/5
Spain	Forex	IC Markets (EU) Ltd	EU passport	3.9/5
Spain	CFDs	IC Markets (EU) Ltd	EU passport	3.9/5
Austria	Forex	IC Markets (EU) Ltd	EU passport	3.9/5
Austria	CFDs	IC Markets (EU) Ltd	EU passport	3.9/5
Croatia	Forex	IC Markets (EU) Ltd	EU passport	3.9/5
Croatia	CFDs	IC Markets (EU) Ltd	EU passport	3.9/5
Sweden	Forex	IC Markets (EU) Ltd	EU passport	3.9/5
Sweden	CFDs	IC Markets (EU) Ltd	EU passport	3.9/5
Portugal	Forex	IC Markets (EU) Ltd	EU passport	3.9/5
Portugal	CFDs	IC Markets (EU) Ltd	EU passport	3.9/5
Denmark	Forex	IC Markets (EU) Ltd	EU passport	3.9/5
Denmark	CFDs	IC Markets (EU) Ltd	EU passport	3.9/5
Finland	Forex	IC Markets (EU) Ltd	EU passport	3.9/5
Finland	CFDs	IC Markets (EU) Ltd	EU passport	3.9/5
Cyprus	Forex	IC Markets (EU) Ltd	Locally licensed	3.9/5
Cyprus	CFDs	IC Markets (EU) Ltd	Locally licensed	3.9/5

Country

Product

Entity

Access

Rating

Australia

Forex

International Capital Markets Pty. Ltd.

Locally licensed

4.1/5

Australia

CFDs

International Capital Markets Pty. Ltd.

Locally licensed

4.1/5

Germany

Forex

IC Markets (EU) Ltd

EU passport

3.9/5

Germany

CFDs

IC Markets (EU) Ltd

EU passport

3.9/5

Netherlands

Forex

IC Markets (EU) Ltd

EU passport

3.9/5

Netherlands

CFDs

IC Markets (EU) Ltd

EU passport

3.9/5

Italy

Forex

IC Markets (EU) Ltd

EU passport

3.9/5

Italy

CFDs

IC Markets (EU) Ltd

EU passport

3.9/5

Spain

Forex

IC Markets (EU) Ltd

EU passport

3.9/5

Spain

CFDs

IC Markets (EU) Ltd

EU passport

3.9/5

Austria

Forex

IC Markets (EU) Ltd

EU passport

3.9/5

Austria

CFDs

IC Markets (EU) Ltd

EU passport

3.9/5

Croatia

Forex

IC Markets (EU) Ltd

EU passport

3.9/5

Croatia

CFDs

IC Markets (EU) Ltd

EU passport

3.9/5

Sweden

Forex

IC Markets (EU) Ltd

EU passport

3.9/5

Sweden

CFDs

IC Markets (EU) Ltd

EU passport

3.9/5

Portugal

Forex

IC Markets (EU) Ltd

EU passport

3.9/5

Portugal

CFDs

IC Markets (EU) Ltd

EU passport

3.9/5

Denmark

Forex

IC Markets (EU) Ltd

EU passport

3.9/5

Denmark

CFDs

IC Markets (EU) Ltd

EU passport

3.9/5

Finland

Forex

IC Markets (EU) Ltd

EU passport

3.9/5

Finland

CFDs

IC Markets (EU) Ltd

EU passport

3.9/5

Cyprus

Forex

IC Markets (EU) Ltd

Locally licensed

3.9/5

Cyprus

CFDs

IC Markets (EU) Ltd

Locally licensed

3.9/5

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Visit IC Markets

Sources (25)

Licence / entity · regulator register · connectonline.asic.gov.au · Oct 7, 2026
“ASIC AFS licensee register (afs_lic_202610.csv): AFSL 335692 — INTERNATIONAL CAPITAL MARKETS PTY. LTD., licensed since 02/07/2009”
Licence / entity · broker's own site · ic.com · Oct 12, 2026
“IC and IC Markets Global are the trading names of Raw Trading Ltd, which is regulated by the Seychelles Financial Services Authority (FSA) with Securities Dealer's license number SD018”
Platforms · broker's own site · ic.com · Oct 6, 2026
“TradingView NEW”
Platforms · broker's own site · ic.com · Oct 6, 2026
“cTrader Raw Spread”
Platforms · broker's own site · ic.com · Oct 6, 2026
“MetaTrader 5 & 4”
Platforms · broker's own site · ic.com · Oct 6, 2026
“IC Mobile App”
Markets · broker's own site · ic.com · Oct 5, 2026
“Start trading on your live account and access +2,850 instruments”
Costs · broker's own site · ic.com · Oct 6, 2026
“The commission charged on the cTrader and TradingView platform is $3 USD per 100,000 USD traded”
Costs · broker's own site · ic.com · Oct 6, 2026
“Spreads start at 0.0 pips on the MetaTrader 4 and 5 platforms with the average on EURUSD being 0.1 pips 24/5”
Costs · broker's own site · ic.com · Oct 6, 2026
“No internal withdrawal fees are charged”
Funding · broker's own site · ic.com · Oct 6, 2026
“Credit and Debit Cards”
Funding · broker's own site · ic.com · Oct 6, 2026
“Broker to Broker”
Funding · broker's own site · ic.com · Oct 6, 2026
“Wire Transfer”
Support · broker's own site · ic.com · Oct 6, 2026
“Our dedicated customer service team is here 24/7 to assist you”
Support · broker's own site · ic.com · Oct 6, 2026
“Launch Live Chat”
Support · broker's own site · ic.com · Oct 6, 2026
“Email Enquiries”
Licence / entity · regulator register · cysec.gov.cy · Oct 6, 2026
“CySEC register of Cypriot investment firms: IC Markets (EU) Ltd, Licence Number 362/18”
Licence / entity · broker's own site · ic.com · Oct 12, 2026
“When funding your trading account, your funds are held in client-segregated accounts with top-tier banking institutions.”
Licence / entity · broker's own site · cysec.gov.cy · Oct 13, 2026
“Approved Domains ... www.icmarkets.eu; https://www.ic.com/eu”
Licence / entity · broker's own site · cysec.gov.cy · Oct 13, 2026
“Cross Border Services to Member States ... Austria ... Sweden”
apps · broker's own site · apps.apple.com · Oct 14, 2026
“Raw Trading Ltd”
apps · broker's own site · play.google.com · Oct 14, 2026
“Raw Trading Ltd”
Funding · broker's own site · ic.com · Oct 12, 2026
“All withdrawal requests are processed by our Accounts Department within one (1) working day; however, the time required for the funds to be transferred will depend on the payment method used.”
Costs · broker's own site · ic.com · Oct 14, 2026
“No, you will not be charged any account inactivity fees.”
Licence / entity · broker's own site · ic.com · Oct 14, 2026
“With IC, you can open a trading account without any minimum deposit requirement.”