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.

IFC Markets Review Summary
Founded	2005
Registered Country/Region	The Virgin Islands
Regulation	LFSA, FSCA (Exceeded), CySEC (Revoked), FSC (Offshore Regulated)
Market Instruments	Indices, Forex, ETF, CFDs, Metals, Cryptocurrencies
Demo Account	✅
Social/Copy Trading	/
Leverage	1:400
Spread	0.4 - 1.8 pips
Trading Platform	Net Trade X, MT4, MT5
Minimum Deposit	$0
Customer Support	Live Chat
	Tel: +442039661649
	Email: info@ifcmarkets.com
	Social media: Telegram, WhatsApp, FaceBook, Instagram, X, Linkedin, YouTube
	Address: 'AGP Chambers', 84 Spyrou Kyprianou Avenue, 4004 Limassol, Cyprus

IFC Markets Information

IFC Markets is a regulated broker founded in 2005 and registered in the Virgin Islands. It offers trading in Indices, Forex, ETF, CFDs, Metals, and Cryptocurrencies with leverage up to 1:400 and variable spreads via Net Trade X, MT4, and MT5 trading platforms. There is no minimum deposit.

Pros and Cons

Pros	Cons
Regulated by LFSA	Limited info on trading conditions
Various trading assests	No info on deposit and withdrawal
MT4 and MT5 supported
Live chat support

WikiFX Field Survey

WikiFX field survey team visited IFC Markets's address is Cyprus, and we found its office on site, which means the company operates with an physical office.

Is IFC Markets Legit?

Yes, IFC Markets are legitimate. It is regulated by Labuan Financial Services Authority (LFSA) under IFC Markets Ltd, with license number MB/20/0049.

Regulatory Status	Regulated By	Licensed Institution	License Type	License Number
Regulated	Labuan Financial Services Authority (LFSA)	IFC Markets Ltd	Straight Through Processing (STP)	MB/20/0049
Exceeded	Financial Service Corporate (FSCA)	IFC MARKETS SA (PTY) LTD	Financial Service Corporate	51818
Revoked	Cyprus Securities and Exchange Commission (CYSEC)	IFCM Cyprus Ltd	Common Financial Service License	147/11
Offshore Regulated	British Virgin Islands Financial Services Commission (FSC)	IFCMARKETS. CORP.	Retail Forex License	SIBA/L/14/1073

What Can I Trade on IFC Markets?

Tradable Instruments	Supported
Indices	✔
Forex	✔
ETF	✔
CFDs	✔
Metals	✔
Cryptocurrency	✔
Stocks	❌
Equity	❌

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Net Trade X	✔	Windows, MacOs, iOS, Android	/
MT4	✔	Windows, MacOs, iOS, Android	Beginners
MT5	✔	Windows, MacOs, iOS, Android	Experienced traders