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IC Markets

International Capital Markets Pty Ltd · Sydney, Australia

Australian raw-spread forex broker popular with scalpers and automated traders.

Regulated1 tier-1 regulator3 regulator alertsEst. 2007
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3 regulator alerts against IC Markets, 1 in the last two years.

Regulators say these IC Markets companies or websites aren't authorised in their countries. See the alerts

Licences (5)

Which company you sign up with depends on where you live. Your protections (compensation scheme, leverage limits, negative balance protection) come from that company's regulator.

Score breakdown

Regulation strength 40%
7.8
Licence status 20%
10.0
Track record 15%
9.5
Transparency 15%
7.0
Regulator alerts 10%
2.0

Weighted total: 7.8 / 10, ranked #27 of 30. How we score

  • Regulation strength: Based on the strongest regulator licensing the broker, plus extra tier-1 and tier-2 licences.
  • Licence status: Whether any licence has been revoked or has expired.
  • Track record: Years in business: 0.5 points per year, up to 10.
  • Transparency: Publicly listed parent, licences disclosed, head office published, client money segregated.
  • Regulator alerts: Deductions for regulator alerts against the broker's own companies or websites.

Regulator alerts (3)

DateRegulatorName as publishedSource
29 Jan 2026FSA (OM)
Oman		IC Markets Global
icmarkets.com		Source ↗
2 Oct 2024FCA
United Kingdom		IC Markets Global (icmarkets.com/global/en/)Source ↗
7 May 2024SC (MY)
Malaysia		IC Market Asia / IC Markets / International Market GlobalSource ↗

Scam sites impersonating IC Markets

These alerts are about fraudsters copying the broker's name. They don't count against its score. Always check the website address before you log in or deposit.

  • IC Markets (Imposter) (icmarketsdusfx.com): FMA, 2 Jul 2026 · source

Overview

IC Markets is a large forex and CFD broker headquartered in Sydney. Its Australian company is licensed by ASIC and its EU company by CySEC. Most international clients are served by Raw Trading Ltd (IC Markets Global), an offshore company licensed in Seychelles, which regulators in the UK (FCA), Oman and Malaysia have flagged as not authorised in their countries. It offers raw spreads plus commission on MT4, MT5, cTrader and TradingView.

Who it suits: Active and automated traders who want raw spreads. If you're outside Australia and the EU, you'll likely be with the offshore Seychelles entity, which has much weaker protection.

Company information

CompanyInternational Capital Markets Pty Ltd
HeadquartersSydney, Australia
Founded2007
Stock listingPrivate company
Websitewww.icmarkets.com
US clientsNot accepted

Trading conditions

Minimum deposit$200
Maximum leverage30:1 retail (ASIC / CySEC); up to 500:1 with the Seychelles entity
PlatformsMT4, MT5, cTrader, TradingView
Instruments2,250+ instruments: forex, indices, commodities, bonds, stocks, crypto

Pros & cons

Pros

  • Australian entity licensed by ASIC, EU entity by CySEC
  • Raw spreads from 0.0 pips plus commission
  • MT4, MT5, cTrader and TradingView
  • Popular with algorithmic traders

Cons

  • Most international clients are onboarded to the offshore Seychelles entity
  • Regulator alerts against IC Markets Global (FCA 2024, Oman 2026)
  • $200 minimum deposit

Frequently asked questions

Is IC Markets regulated?

Yes. IC Markets companies hold licences from ASIC, CySEC, CMA (KE), FSA (SC), SCB (5 licences in our database). Your protection depends on which IC Markets company you open an account with, so check that company on the regulator's register before you deposit.

Is IC Markets safe?

IC Markets has a score of 7.8/10. Regulators in Malaysia, Oman, United Kingdom have issued 3 regulator alerts saying IC Markets companies or websites aren't authorised to offer services there (most recent: 29 Jan 2026). Only open an account if the broker is allowed to operate where you live.

Which IC Markets company will I open an account with?

It depends on where you live. The companies in our database are: International Capital Markets Pty Ltd (ASIC, Australia); IC Markets (EU) Ltd (CySEC, Cyprus (EU)); IC Markets (KE) Limited (CMA (KE), Kenya); Raw Trading Ltd (FSA (SC), Seychelles); IC Markets Ltd (SCB, Bahamas). Clients outside the UK, EU and Australia are often onboarded to an offshore company with weaker protection.

Does IC Markets accept US clients?

No. IC Markets doesn't accept US residents.

What's the minimum deposit and maximum leverage at IC Markets?

Minimum deposit: $200. Maximum leverage: 30:1 retail (ASIC / CySEC); up to 500:1 with the Seychelles entity.

Which platforms does IC Markets offer?

MT4, MT5, cTrader, TradingView.

CFDs are complex instruments and carry a high risk of losing money quickly because of leverage. Most retail investor accounts lose money when trading CFDs. Make sure you understand how CFDs work and whether you can afford to take the high risk of losing your money. Licence data checked 12 Oct 2026. Details can change; always confirm on the regulator's register.