IC Markets Review 2025: Pros, Cons, & Key Features

writen by Lita
10 min read

Are you searching for a trusted forex broker in 2025? Then this IC Markets Review is exactly what you need. IC Markets is one of the most trusted trading platforms in the world. It is known for its fast order execution, tight spreads, and features apt for new traders. IC Markets is designed with various tools to help you trade wisely. In this review, we'll break down everything you need to know from account types and fees to pros, and cons, and highlight features. Let's see if IC Markets is your best broker this year!

1. About IC Markets

IC Markets was founded in 2007 in Sydney, Australia, and has grown to become one of the world's largest CFD and forex brokers. It is well known for its deep liquidity, ultra-low spreads, and fast trade execution. Over the years, IC Markets has earned a good reputation for delivering a clear, trader-focused environment for professionals and new traders.

It is regulated by the most reputable authorities, including ASIC, CySEC, and FSA, ensuring ultimate trust and safety. Handling millions of trades daily, IC Markets provides more than 2,200 tradable instruments as well as various advanced trading platforms.

2. IC Markets Overall

Below is some important information you should know about IC Markets:

  • Minimum Deposit: $200
  • Quantity of Currency Pairs: 60+
  • Traded Assets: Forex, Commodities, Indices, Cryptocurrencies, Stocks, Bonds, Futures (2,250+)
  • Max Leverage: 1:500 (FSA), 1:30 (ASIC), 1:30 (CySEC)
  • Trading Platforms: MetaTrader 4, MetaTrader 5, cTrader, TradingView
  • Regulations: ASIC (Australian Securities and Investments Commission), CySEC (Cyprus Securities and Exchange Commission), FSA (Seychelles Financial Services Authority)
  • Website: https://www.icmarkets.com/

3. Trading Strategies With IC Markets

There are many trading strategies, and each trader will have different choices. Let's see which strategies perform well in this IC Markets Review:

Trading Strategies Performance
Casual Trading Perfect
Day Trading Perfect
Social & Copy Trading Perfect
Swing Trading Perfect
Automated Trading Perfect
Scalping Acceptable Choice
News Trading Acceptable Choice

4. Pros & Cons of IC Markets

Like any broker, IC Markets has its strengths and a few minuses. Here's a simple rundown of what traders like about it — and what could be better.

Pros Cons
●      Very tight spreads

●      Trusted trading platforms (MT4, MT5, cTrader)

●      Excellent execution speed

●      No commissions

●      Strong regulation by ASIC, CySEC, FSA

●      Free demo accounts

●      Support copy trading & automated trading

●      Significantly wide range of investments

●      Free VPS hosting

●      No proprietary platform

●      Educational content could be deeper

●      Can not be accessible by US traders

 

5. Key Features of IC Markets

In this IC Markets Review, you can see why this broker has established its strong reputation among forex traders all over the world. Let's break down the most significant highlights you need to know.

5.1. IC Markets Account Types

3 main account types of IC Markets
3 main account types of IC Markets

IC Markets offers 3 main types of trading accounts. They are designed to suit different trading styles and experience levels.

  • Standard Account: This is a spread-free option, best suited for beginners or casual traders. Instead of paying a flat fee, traders only pay through the spread (from 0.8 pips, slightly higher than Raw Spread). It's a good option for beginners to day trade or test out strategies.
  • Raw Spread Account: This is the favorite among professional and experienced traders. It offers ultra-tight spreads that start at 0.0 pips. It carries a commission per trade, but many traders find the lower spread rates more cost-effective in the long run.
  • cTrader Raw Spread Account: Similar to the Raw Spread Account, but for traders using the cTrader platform. It has the same tight spreads and commission model and is ideal for scalpers and day traders.

IC Markets maintains its fair trading environment by having a 100% margin call and a 50% stop-out level. This is a safety net for new traders who are learning to manage risk.

5.2. Wide Range of Instruments

IC Markets makes a strong impression on worldwide traders with over 2,250 tradable instruments. This provides traders with plenty of options to match their strategies and interests. They include forex currency pairs, commodities, cryptocurrencies, stock CFDs, indices, bonds, and futures CFDs.

Compared to others in the market, IC Markets provides an average number of currency pairs and a high quantity of share CFDs, indices, commodities, and cryptocurrencies.

IC Brokers offers over 2,250 tradable instruments
IC Brokers offers over 2,250 tradable instruments

5.3. Low Commission & Fees

A key highlight in this IC Markets Review is the broker’s competitive and transparent fee structure. It’s designed to fit the needs of both beginners and experienced traders.

  • Minimum Deposit: It starts at $200 for all accounts. However, if you plan on trading larger volumes, you’ll need a bigger investment.
  • Trading Fees: No commission for Standard account. Meanwhile, you will be charged a little commission for Raw spread accounts.
  • CFD Spreads/ CFD Fees: IC Markets offers really competitive CFD trading fees. This allows traders access to various asset classes more cost-effectively.
  • Inactivity Fees: You won't be charged for leaving your account idle.
  • Overnight Fees: This fee is applied to traders who hold positions overnight. The amount will change based on position size and asset types.
  • Currency Conversion Fees: You might be charged when dealing with different base currencies.
  • Deposit Fee: IC brokers don't incur fees when traders deposit with them.
  • Withdrawal Fee: IC Markets doesn't charge this kind of fee.

Overall, IC Markets ensures fair, clear pricing so traders know exactly what to expect with their costs.

IC Markets provides a competitive & clear fee structure
IC Markets provides a competitive & clear fee structure

5.4. Versatile Trading Platform Options

IC broker offers a wide range of trading platforms. Traders of all levels can access IC Markets from anywhere, anytime without hassle.

WebTrader

Sure, you can make trades directly from your web browser, no need to install or download the software. You can run WebTrader on Chrome, Firefox, Internet Explorer, and Safari.

Desktop Trading Apps

Compatible with Mac and Windows systems, traders can trade on various desktop devices.

Mobile Trading Apps

For active traders always on the move, IC Markets offers mobile trading apps on both iOS and Android devices. IC Markets offers below platforms:

  • MetaTrader 4 (MT4): Famous for user-friendly interfaces as well as powerful technical indicators and charts.
  • MetaTrader 5 (MT5): Launched in 2010, MT5 is more advanced than MT4. [1]
  • TradingView: This platform offers the most advanced analytical & charting tools.
  • cTrader: It is designed specifically for high-speed execution. cTrader stands out for its unique design, elegant interface, and many advanced features.
  • IC Social, Myfxbook (AutoTrade)[2]: Suitable for Copy trading
  • ZuluTrade: Third-party program for Social trading
Traders can access IC Markets through various platforms
Traders can access IC Markets through various platforms

Proprietary Platform

The downside is that IC Markets doesn’t develop a proprietary platform. Instead, they offer comprehensive MetaTrader experiences alongside other platform options.

See more related articles:

5.5. Education & Research

In this IC Markets Review, it’s clear that the broker is steadily improving its education resources and research. The Learning Center features a solid mix of video tutorials, webinars, and written guides. These resources cover trading basics, technical analysis, and trading psychology.

IC Markets offers 250+ webinars in multiple languages, plus a podcast series called IC Your Trade, ideal for learning on the go. Their YouTube channel also hosts a variety of archived webinars.

While the content is helpful, it lacks progress tracking and filtering by experience level. Expanding advanced topics and interactive tools would make it even better.

5.6. Deposit & Withdrawal

IC Markets offers simple and easy fund deposits and withdrawals. Traders can deposit accounts via bank transfers, credit/debit cards, and e-wallets like Paypal, Neteller, and Skrill. The broker supports multiple currencies and does not charge deposit fees.

Withdrawals take the same channels and are typically processed within one business day. Although IC Markets doesn't charge withdrawal fees, payment processors might charge you.

5.7. Account Opening

It just takes a couple of simple steps to open a trading account with IC Broker. If you are trying to create one, follow these instructions:

It takes a few steps to create an account with IC Markets
It takes a few steps to create an account with IC Markets
  • Click "Open An Account" on the main page
  • Fill out your personal details (name, country of residence, phone number, and email)
  • Choose your account type (individual, joint, or corporate)
  • State your date of birth, address, city, state/province
  • Pick up your favorite trading platform, base currency, & account type
  • Upload related documents (photo ID and proof of residence)
  • Wait for your account to be verified.

The good news is that IC Markets doesn't require a deposit to open an account. Thus, traders of all levels can access trading with ease. However, you can make deposit funds while waiting for the account verification. If you are new, you can click "Try A Free Demo" on the main page of IC Markets before investing your real money.

5.8. Customer Support

IC Markets earns plus points for its 24/7 customer support. You can find help through live chat, phone, and email. Traders appreciate the fast response times, especially on live chat, which typically connects you with an agent within minutes. The Help Center on the IC Markets website also provides useful FAQs, articles, and platform guides for easy self-service.

6. FAQs

6.1. Is It Safe To Trade With IC Markets?

Yes. IC Markets is overseen by ASIC, CySEC, and the FSA Seychelles.

6.2. Is IC Markets Good For Beginners?

Yes. IC Markets provides beginner-friendly platforms, a demo account, and a great Learning center.

6.3. How Do I Deposit & Withdraw Money From IC Markets?

You can deposit and withdraw via bank transfer, credit/debit cards, and e-wallets. Most methods are fee-free.

6.4. Does IC Markets Offer VPS?

Yes. IC Markets provides a VPS service for faster, more stable trade execution. It is ideal for automated and high-volume traders.

6.5. Is a Demo Account Available in IC Markets?

Yes. Traders can open a free demo account to practice with virtual funds before going live.

After finishing our IC Markets review, it’s clear that this broker stands out for its low fees, diverse trading platforms, and wide range of instruments. If you are new to trading, don't worry because IC Broker provides flexible account types and good educational resources. Plus, reliable 24/7 customer support will bring you a good overall trading experience. IC Markets is worth considering for you in 2025.

7. About H2T Finance

H2T Finance provides detailed, accurate Forex Broker Reviews to help you choose a trustworthy and suitable trading platform. Each review is backed by expert analysis and real user feedback, offering a comprehensive view of the strengths and weaknesses of each broker. We are committed to delivering valuable insights that empower traders to make informed decisions and trade with confidence. As part of H2T Media Group, our mission is to help you stay ahead in the dynamic forex market.
For inquiries or personalized assistance, feel free to contact us:
📞 Phone: +84933.948.888
📧 Email: info@h2tmediagroup.com
📍 Address: 4/567 Tổ 10 Khu Phố Hòa Lân 1, Thuận An, Bình Dương, Vietnam
At H2T Finance, your success is our priority.
Lita

About Lita

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