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.

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

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.

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.

What is FXTRADING.com?

FXTRADING.com is an online brokerage firm that offers trading services for various financial instruments such as forex, cryptocurrencies, shares, commodities, spot metals, energies, and indices. The company was established in 2014 and is headquartered in Australia. FXTRADING.com is regulated by the Australian Securities and Investments Commission (ASIC). The broker provides its clients with a range of trading platforms including MetaTrader4 (MT4), MetaTrader5 (MT5)and WebTrader. It offers several trading tools and educational resources. FXTRADING.com also has a 24/5 customer support team that can be reached via phone, email, and live chat.

Pros & Cons

Is FXTRADING.com Legit?

FXTRADING.com is a regulated and licensed broker.

GLENEAGLE SECURITIES (AUST) PTY LIMITED is authorized and regulated by the Australia Securities & Investment Commission (ASIC), holding a Market Making license under license no. 337985.

Gleneagle Securities Pty Limited, is authorized and regulated by the Vanuatu Financial Services Commission (VFSC), holding a Retail license under license no.40256.

Market Instruments

FXTRADING.com offers clients access to more than 500 tradable instruments, covering forex, cryptocurrency CFDs, U.S. stocks, Hong Kong stocks, commodities, spot precious metals, energy products, and global indices.

Clients can trade a wide range of major and cross currency pairs, choose popular cryptocurrencies and CFDs on shares of globally recognized companies, as well as trade precious metals such as gold and silver, energy products including crude oil and natural gas, and key indices from global markets.

Account Types

FXTRADING.com provides five account types—Standard, Standard Plus, Standard Pro, Zero account and Raw Spread account—each designed for different trader profiles while maintaining consistent competitive features. All accounts charge no commission, support leverage up to 1:2000, allow trading from 0.01 to 200 lots, permit unlimited positions, apply no margin on hedged positions, set margin call at 100% and stop out at 50%, use market execution, and offer competitive swap rates.

Spreads & Commissions

At FXTRADING.com, spreads and commissions differ across five account types, allowing traders to choose a pricing structure that best supports their strategy, volume, and trading goals. Our Standard accounts—Standard, Standard Plus, and Standard Pro—offer commission-free trading with spreads starting from 0.2, 0.3, and 0.1 pips respectively, providing a simple and cost-effective option for traders who prefer zero-fee pricing. For those seeking tighter spreads, our Pro accounts deliver professional-grade conditions: the Zero Account offers raw spreads from 0.0 pips with commissions from $0.40 per side per lot, while the Raw Spread Account features spreads from 0.1 pips with commissions up to $3.50 per side per lot. These choices cater to a wide range of trading styles, from casual traders to high-volume professionals and algorithmic strategies.

Trading Platforms

FXTRADING.com offers a comprehensive suite of trading platforms designed to meet the needs of every trader, including our fully in-house FXT Trading App for seamless mobile trading, account management, social trading, and fund management, as well as our browser-based FXT WebTrader, which provides instant access to the markets without any downloads. For traders who prefer traditional tools, we also support MetaTrader 4 (MT4) and MetaTrader 5 (MT5) on all major devices, offering advanced charting, technical indicators, and automated trading through Expert Advisors. Together, these platforms deliver fast execution, modern interfaces, and flexible trading solutions across desktop, web, and mobile.

Trading Tools

FXTRADING.com provides traders with a suite of powerful trading tools designed to enhance analysis, execution, and strategy planning. Our Trading Central delivers AI-powered insights, trade ideas, and professional technical analysis. The Trading Calculator helps you quickly estimate margin, pip value, swaps, and potential profit/loss before placing a trade. With our Economic Calendar, you can track major global events and data releases that may influence market movements. For algorithmic and automated traders, our VPS Hosting ensures ultra-low-latency performance and stable 24/5 connectivity—ideal for running EAs and advanced strategies with confidence.

Deposits & Withdrawals

In terms of deposit and withdrawal, like many good brokers, FXTRADING.com provides a detailed form with important information about currency, payment method, minimum amount, arrival date, fees, etc. Deposits include PayPal, VISA, MasterCard, Neteller, UnionPay, Local Internet Banking, Apply Pay, Google Pay, International Bank Wire Transfer and Local Bank Transfer.

Customer Service

FXTRADING.com offers customer support 24/5 support. It supports both English and Chinese. Their website also includes a FAQ section with answers to commonly asked questions. You can also follow them on some social networks including Facebook, Twitter, LinkedIn, Instagram and Twitter.

Frequently Asked Questions (FAQs)

Is FXTRADING.com legit?

Yes. It operates legally under regulations of ASIC and VFSC.

At FXTRADING.com, are there any regional restrictions for traders?

Yes. Restricted Countries: the USA, Ontario Province inside Canada, North Korea, Iran and New Zealand.

Does FXTRADING.com offer the industry-standard MT4 & MT5?

Yes. It supports MT4 and MT5.

What is the minimum deposit for FXTRADING.com?

The minimum initial deposit to open an account is $50.