Quick IC Markets Global Review
Founded in	2007
Registered in	Australia
Regulated by	ASIC, CYSEC，FSA
Trading Instruments	2,250+, CFDs on 61 currency pairs, 24 commodities, 2,100+ stocks, 25 indexes, 9 bonds, 21 cryptocurrencies, 4 futures
Demo Account	✅
Islamic Account	✅
Account Type	Standard, Raw Spread, Raw Spread (cTrader)，Raw pro, Raw Pro+
Min Deposit	$200
Max Leverage	1:1000
Spread	From 0.8 pips (Standard account)
Trading Platform	MT4/5, cTrader, TradingView (Windows, Web, Android, Mac, iOS)
Social Trading	✅
Payment Methods	MasterCard, Visa, PayPal, Neteller, Skrill, UnionPay, Wire Transfer, Bpay, Broker to Broker, POLi, Thai Internet Banking, Rapidpay, Klarna, Vietnamese Internet Banking
Deposit & Withdrawal Fee	❌
Customer Support	24/7 live chat, contact form
	Tel: +248 467 19 76 (Monday - Saturday (AEDT)07:00 - 07:00)
	Email: support@icmarkets.com (Sunday - Friday (GMT)22:00 - 22:00)

IC Markets Information

IC Markets Global is an Australian online forex and CFD broker that provides traders access to the global financial markets. The company was founded in 2007 and is regulated by ASIC in Australia, CySEC in Cryprus and FSA in Seychelles. IC Markets offers 2,250+ CFDs on 61 currency pairs, 24 commodities, 2,100+ stocks, 25 indexes, 9 bonds, 21 cryptocurrencies, and 4 futures via the advanced trading platforms such as MetaTrader 4, MetaTrader 5, cTrader, and TradingView. The company also offers 24/7 customer support and a variety of educational resources for traders of all levels.

Is IC Market Legit?

IC Markets Global maintains regulatory compliance in both Australia and Cyprus, adhering to the respective financial regulatory standards in these jurisdictions. Regulatory oversight by Australia Securities & Investment Commission (ASIC) and Cyprus Securities and Exchange Commission (CYSEC) contribute to a safer trading environment for clients.

IC Markets' Australian entity, INTERNATIONAL CAPITAL MARKETS PTY. LTD., regulated by ASIC under license number 335692, holding a license for Market Making (MM).

IC Markets' enropean entity, IC Markets (EU) Ltd, regulated by CYSEC under regulatory number 362/18, holding a license for Maket Making ( MM) as well.

IC Markets Global is operated by Raw Trading Ltd and holds a Derivatives Trading License (No. SD018) issued by the Seychelles Financial Services Authority (FSA), authorizing futures, financial derivatives, securities, bond, options, and other financial product trading.

Market Instruments

IC Markets Global offers a wide range of over 2250 tradable instruments to trade, including CFDs on 61 currency pairs, 24 commodities, 2,100+ stocks, 25 indexes, 9 bonds, 21 cryptocurrencies, and 4 futures. This provides traders with the opportunity to diversify their investment portfolio and access multiple markets and assets.

Asset Class	Supported
CFDs	✔
Currency pairs	✔
Commodities	✔
Stocks	✔
Indexes	✔
Bonds	✔
Cryptocurrencies	✔
Futures	✔
Options	❌
ETFs	❌

Minimum Deposit

IC Markets Global requires a minimum deposit of $200 for traders to open an account. In the industry, many established brokers frequently impose minimum deposit requirements that surpass $500 or even reach $1,000. In contrast, certain major players such as Avatrade and Aixonly mandate minimum deposits of $100 and $0, respectively. So, IC Markets's minimum deposit requirement seems to be in the “middle”.

Here is the comparison of IC Markets Global minimum deposit with Avatrade, Exness, and Axi:

Broker	Minimum Deposit
	$200
	$100
	$10
	$0

Account Type/Fees

IC Markets Global offers several account types, including Raw Pro+, Raw Pro, Raw Spread, and cTrader accounts. Spreads start from 0.0 pips across all accounts. The Raw Spread account requires no minimum deposit and charges $3.5 per lot per side, while the Raw Pro account requires a $5,000 minimum deposit with a commission of $1.5 per lot per side. The Raw Pro+ account, designed for high-volume traders, requires a $100,000 minimum deposit with $1 per lot per side. The cTrader account also requires no minimum deposit and charges $3 per $100,000 traded.

Demo Account

IC Markets Global offers a free advanced demo account for beginner traders to practice on, which lasts for 30 days.

Users who open a demo account can enjoy the following features:

• Access to Raw Pricing
• Spreads Starting at 0.0 pips
• Fast Order Execution
• Available on MT4, MT5 and cTrader platforms

However, demo accounts aim to mimic real markets but function in a simulated environment. This means there are significant differences compared to real accounts, including not relying on real-time market liquidity, encountering price delays, and having access to certain products that may not be tradable on live accounts.

Opening a demo account is simple:

Step 1: Click the “Try a Free DEMO” button on the homepage of IC Markets.

Step 2: Fill in your personal info, including your country of residence, name, email, phone number to get a verification code.

Step 3: Choose to demo accounts on your preferrable trading platform, MT4, MT5, cTrader, or TradingView. Then choose your account currency, virtual funds, starting from $200 to $5,000,000, your desired leverage level.

Step 4: Log into your demo account and start trading.

Leverage

IC Markets' maximum leverage offering of up to 1:1000 can be beneficial for experienced traders who know how to manage their risks well. The high leverage can potentially magnify the profits of a successful trade, enabling traders to take advantage of larger positions in the market.

Trading Platform

IC Markets Global offers its clients a variety of trading platforms, including the popular MetaTrader4 and MetaTrader5 platforms as well as the cTrader and TradingView platforms.

The MetaTrader4 and MetaTrader5 platforms are similar and offer a range of trading tools and indicators, as well as the ability to use Expert Advisors (EAs) and automate trading strategies.

The cTrader platform, on the other hand, offers advanced charting capabilities and a variety of order types. However, it has a steeper learning curve and limited customization options compared to the MetaTrader4 and MetaTrader5 platforms.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Desktop, web, iPhone/iPad, Android, Mac	Beginners
MT5	✔		Experienced investors
cTrader	✔
TradingView	✔	/	Beginners

Deposit & Withdrawal

IC Markets Global offers a variety of deposit and withdrawal options, including MasterCard, Visa, PayPal, Neteller, Skrill, UnionPay, Wire Transfer, Bpay, Broker to Broker, POLi, Thai Internet Banking, Rapidpay, Klarna, and Vietnamese Internet Banking.

IC Markets Global does not charge any fees for deposits and withdrawals. However, additional fees may occur at some banking institutions.

Withdrawal requests have a cut off time at 12:00 AEST/AEDT, and take up to 10 business days to process depending on the bank.

International bank wire transfers take up to 14 days and incur additional intermediary and/or beneficiary fees.

Credit/debit card withdrawals are processed free of charge and take 3-5 business days to reach your credit card.

Paypal/Neteller/Skrill withdrawals are processed instantly and free of charge, but must be made from the same account as the initial funds were sent from.

FXCC Review Summary
Founded	2004
Registered Country/Region	Cyprus
Regulation	CYSEC
Market Instruments	Forex, gold, silver
Demo Account	✅
Leverage	Up to 1:200
Trading Platform	MT4
Minimum Deposit	$100
Customer Support	24/5 support
	Tel: +35725870750; +357 25 025001
	Address：Amorosa Centre, 2nd floor, 2 Samou Street, 4043 Yermasoyia, Limassol, Cyprus
	LinkedIn

FXCC Information

FXCC is a regulated broker, offering trading on forex, gold, and silver with leverage up to 1:200 on the MT4 platform. The minimum deposit requirement is $100.

Pros and Cons

Pros	Cons
Demo accounts	Limited trading products
MT4 platform	Deposit/withdrawal fees charged
Regulated by CYSEC
Long operational history

Is FXCC Legit?

Yes. FXCC is licensed by Cyprus Securities and Exchange Commission (CySEC) with license number 121/10 to offer services.

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
Cyprus	CYSEC	Regulated	FX Central Clearing Ltd	Straight Through Processing (STP)	121/10

What Can I Trade on FXCC?

FXCC offers trading in forex, gold, and silver.

Tradable Instruments	Supported
Forex	✔
Gold	✔
Silver	✔
Commodities	❌
Indices	❌
Stocks	❌
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

FXCC offers a range of ECN accounts to suit all traders and offers demo accounts. And the ECN standard account offers extra benefits: zero deposit fees.

Account Type	Minimum Deposit
ECN Standard	$10,000
ECN XL	$100
ECN Advanced	$100,000+

Leverage

The broker offers maximum leverage at 1:200. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.

Account Type	Maximum Leverage
ECN Standard Account	1:30
ECN XL Account	1:30
ECN Advanced Account	1:200

FXCC Fees

ECN accounts have only a small spread, and you can use a demo account to see real-time spreads on the platform or calculate spreads using a trading calculator. No commission fees are charged.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Desktop, mobile, web	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

Payment Options	Accepted Currencies	Deposit Fees	Withdrawal Fees
Bank wire	USD, EUR, GBP	2-5	18
Neteller		3.2% + 0.29	2.0%
Skrill			0.49
Visa			2.0%
Sofort		2.5% + 0.29	0.49
Rapio		2.0% + 0.29
Paysafe card		9.0% + 0.29	Bank Wire Fee