Skip to main content

IC Markets Broker Review

IC Markets is a Forex broker based in Sydney, Australia. They have been in the Forex business since 2007 and are one of the very few retail ECN brokers. Their head office is in Australia but they take international clients.

Below is my review of the Forex broker, IC Markets...

They are well regulated

IC Markets is registered and regulated by the Australian Securities and Investment Commission (ASIC). If you are looking to trade with a broker outside the US, having an account with a Forex broker that is regulated by the ASIC or the FCA is a must. IC Markets has a strong regulatory body and meets strict capital requirements.

They are a true ECN broker

This is IC Markets real selling point and the pivotal moment of this Forex broker review. IC Markets are a true ECN broker. They are not a market maker. They are not an STP broker. They are pure ECN. Perhaps one of the only true ECN brokers available to retail traders. There is no minimum deposit and they offer very high leverage (1:500), uncommon for a ECN broker. Because IC Markets is a true ECN broker, scalpers and short-term traders are not penalised.

If you are looking for the real trading experience, IC Markets may be what you are looking for.

IC Markets do offer market maker CFDs (FX, indices, commodities and futures), as well as their ECN service.

You will not get tighter spreads

Because IC Markets are a true ECN broker, their spreads are extremely tight (the broker charges a commission per trade rather than earning through wide spreads). The following are typical spreads on my live IC Markets trading account...

AUDUSD 0.1-0.2 pips
EURUSD 0.0-0.2 pips
GBPUSD 0.1-0.4 pips
USDCAD 0.2-0.4 pips
USDCHF 0.3-0.5 pips
USDJPY 0.0-0.4 pips

Their customer service team is fantastic

I have had to contact their customer service team a few times. Each time I have used their chat service. Responses were quick and always got the desired result.

I have never had issues with depositing or withdrawing funds.

They offer a wide-range of trading platforms

Most Forex brokers offer only MT4 or cTrader. IC Markets offer both trading platforms and a range of other trading platforms, including a copy trader feature.

Their trading execution can freeze

The only issue I have had with IC Markets is that trades are sometimes frozen when executed. I always get a good price and the platform does not freeze for long but this is something worth noting. If you are an extremely short-term scalper, this may be a real issue.


I have traded with a number of Forex brokers over the last 6-7 years. IC Markets is defiantly one of the best Forex brokers in the industry. I highly rate them and think you should give them a go. They offer the real Forex trading experience at a minimum price and with easy access to the market.

To open a demo account with IC Markets, please click here.


  1. I admire this article for the well-researched content and excellent wording. I got so involved in this material that I couldn’t stop reading. I am impressed with your work and skill. Thank you so much. no deposit forex brokers

  2. Thank You for sharing your article, This is an interesting & informative blog. It is very useful for the developer like me. Kindly keep blogging. Besides that currency market has established as Best.

  3. Good one. This information is really useful for all the share market investors. Thanks for sharing. hbl credit card apply | standard chartered mastercard cashback card

  4. Hello everyone , here’s your opportunity for you to achieve your dreams of being a multi million dollar rich through trading , I once loss all I got through trading but was fortunate to come across a woman with great virtue and selfless heart (Doris ) i was introduce to her masterclass strategy while searching online which has revived me of all my losses and made me gain more and more . With her unique strategy you are entitled to daily signals and instant withdraw ,be rest assured of getting a refund of all your loss investment with any platform that has denied you in one way or the other in getting your money . Mrs Doris masterclass strategy is simply the best for beginners and those that are finding it difficult to succeed through trading she’ll help you with just a simple step . Email her ( WhatsApp +1 516 494 0313

  5. You guys present there are performing an excellent job.
    how to invest in bitcoin

  6. Your blogs and its stuff are so notable and worthwhile it can make me return.
    the bitcoin era

  7. Forex rebates on offer listed and explained in details by our expert reviewers. Check out yourself and start trading happily.

  8. If you desire to be aware of just how much bitcoin is worth, run a simple net search. If you want to essentially convert bitcoin to dollars, transfer them in an internet market and sell them to an interested consumer. The online marketplace might promptly and easily convert your bitcoins to dollars and transmit them to a debit card, bank account, or digital wallet of your determination. Bitcoin Trading

  9. Amazing trading platform, quick withdrawal I have been using this platform together with the most recommended forex strategy on the internet from Robert and so far i have no complaints making $7000-$15000 on a weekly basis he is great and i am thankful i was lucky enough to have met him via Email or
    WhatsApp: +44 7466 770724

  10. hi guys, when it comes to recovery of funds either from binary options, crypto, forex and ponzi schemes . FASTFUNDSRECOVERY@PROTONMAIL.COM are the best recovery agent around. they have recovered my funds and also funds of my friends , colleagues who were in similar situation as i was.

    It is crazy when exchanges like StoxMarket isn't taken down after cheating several hardworking individuals wanting to invest attain financial freedom. Personally, I invested $750,000 expecting 120% as promised. Since I deposited, I haven't been able to withdraw neither my capital nor profit. I reached out to my account manager but all effort was in vain.

    Weeks went by before i stumbled on 'Fastfundsrecovery' on google after seeing their reviews on quora. They were able to recover my funds in less than a weeks. Thanks to Shaw for working me through all the processes and how to prevent getting scammed again. i hope this helps someone in similar situation i was.

    WHATSAPP- +1(813) 573 0887

  11. You have a genuine capacity to compose a substance that is useful for us. You have shared an amazing post about best forex rebate....Much obliged to you for your endeavors in sharing such information with us.


Post a Comment

Popular posts from this blog

love-the-pips - Trading Signals Review

Samuel Morton is based in the UK. He is a full-time price action trader and the owner of , which offers price action courses, mentor-ship programs and trading signals for Forex. Samuel also manages his own trading fund, SM Capital . Below is my review of Samuel's Forex trading signals, a review of his trading course can be found here .

SM Capital Trading Signal Review

SM Capital is a financial trading and investment company owned by professional trader, Samuel Morton. They are a proprietary trading fund that offer various financial market services to both corporate and retail trading entities. One of their retail trading services is their Order Book Subscription a.k.a Trading Signal Subscription. Below is my review of SM Capital's Order Book Subscription Service ...

The Complete Investment Banking Course - Trading Course Review

The Complete Investment Banking Course is not a trading course. It does not offer insights into technical analysis, money management, trading strategies or provide other typical trading course content - I understand this. The reason why I wanted to take and review this course is that many financial traders have an active interest in investment banking and their role within equity, debt and other financial markets. Below is my review of The Complete Investment Banking Course...