reviews2026-08-08

IC Markets Forex Platform Review: Spreads, Deposits/Withdrawals, and Regulation

IC Markets was founded in 2007 and is headquartered in Sydney, Australia. It is regulated by ASIC in Australia and the FSA in Seychelles. Known for extremely low spreads and high execution speed, it is one of the most popular ECN brokers globally.

Platform Overview

IC Markets was established in 2007, headquartered in Sydney, Australia, and is regulated by Australia's ASIC and Seychelles' FSA. Known for extremely low spreads and high execution speed, it is one of the most popular ECN brokers globally.

Core Advantages

  • Raw Spread account offers an average spread of 0.1 pips on EURUSD, nearly zero
  • Supports three major platforms: MT4, MT5, and cTrader
  • Servers located at Equinix NY4 data center in New York, with execution latency < 1ms
  • Supports multiple deposit and withdrawal methods: UnionPay, Skrill, Neteller, and bank wire

    • Fee Structure

  • Raw Spread account: $3.5 commission per lot + raw spreads
  • Standard account: 0 commission, spreads included in quotes (EURUSD around 0.6 pips)
  • Deposits and withdrawals are free (except for some methods)

    • Important Notes

  • Accounts opened with Chinese identity are defaulted under Seychelles regulation (maximum leverage of 500x)
  • No deposits or withdrawals on weekends
  • Overnight interest (Swap) is relatively high, not suitable for long-term holding
    • 🔍

    Best suited for: short-term traders, EA automated trading, and scalping strategies. Not ideal for: long-term position investors.

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