IC Markets

IC Markets

Trust Score:

4.80

(36,813 Reviews )

About IC Markets

IC Markets is a top choice for algorithmic traders, offering ultra-low spreads, fast ECN execution, and full support for Expert Advisors (EAs). Its reliable infrastructure, deep liquidity, and flexible funding options make it a trusted broker for automated strategies. While offshore entities provide fewer regulatory protections, IC Markets’ transparency and performance continue to make it a preferred broker for serious traders.

Regulation & Security

IC Markets is regulated by several top-tier financial authorities including ASIC (Australia), CySEC (Cyprus), and FSA (Seychelles). Accounts registered under ASIC or CySEC benefit from strong client protections such as segregated funds, negative balance protection, and regular audits. While the FSA entity allows for higher leverage, it's less tightly regulated—still, IC Markets maintains a consistent track record for reliability, security, and transparency across all branches.

Account and Setup

The onboarding process is efficient, typically completed within 24 hours, and well-structured for traders of all levels. KYC is standard and easy to navigate, with clear instructions provided throughout. IC Markets offers multiple account types, including Standard, Raw Spread, and cTrader accounts, with a smooth client portal and straightforward platform integration—ideal for both beginners and experienced bot traders.

Funding Options

IC Markets excels in this area, offering a wide variety of funding methods, including local bank transfers, credit/debit cards, PayPal, Skrill, Neteller, UnionPay, and crypto. Most deposits are instant, and withdrawals are processed within 24 hours. There are no internal deposit/withdrawal fees, which makes it convenient for users across different regions. The broker supports multiple base currencies, reducing conversion charges as well.

Bot & API Compatibility

IC Markets is widely recognized as one of the most EA- and bot-friendly brokers in the market. It supports MT4, MT5, and cTrader, with tight raw spreads, low latency, and fast execution—ideal for scalping bots and high-frequency strategies. They also offer VPS hosting, and FIX API access is available for high-volume clients, making it highly attractive for advanced algo traders.

Trading Conditions& Restrictions

IC Markets offers ultra-tight spreads starting from 0.0 pips on Raw Spread accounts, paired with a low commission of $3.50 per lot per side. Leverage is up to 1:500 depending on the regulatory entity, and there are no restrictions on scalping, hedging, or EA use. Execution speeds are among the fastest in the industry, and slippage is minimal—even during major news events. The wide range of tradable instruments (forex, indices, crypto, commodities, and stocks) also gives bots plenty of flexibility to diversify strategies.

IC Markets Reviews

(36,813)

IC Markets Reviews

(36,813)

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