Analyze our comprehensive IC Markets review to determine if this forex trading broker is legit or a scam. Founded 17+ years ago in Australia, IC Markets remains a trusted global FX and CFD broker with a strong track record. The brokerage firm prioritizes high-regulatation, safe execution policies, and security requirements adherence.
Overall, IC Markets is a legit, established, and well-balanced FX broker known for cutting-edge tools & capabilities, including:
- Competitive Spreads & Low Fees
- 2,200+ Tradeable Instrument Support
- Feature-Rich Tools & Platforms
- Automated, Mirror, & Copy Trading Resources
- No-Charge VPS Hosting Solutions
- Global Presence & Established Reputation
> For FX traders like yourself, IC Markets stands out for high trust, insightful content, advanced functionality, and excellent conditions.
Read on for a detailed, trader-approved, and security-focused IC Markets review.
Is IC Market Legit Broker?
Evaluate IC Markets ratings to verify that this FX & CFD auto trading broker is legit. Rest assured, IC Markets is reviewed as safe, reliable, and trustworthy. Reviewing IC Markets’ safety profile & services, here are some notable capabilities:
- Regulated By Top-Tier Authorities
- Thoroughly Tested Services & Tools
- Seamless Access To Client Protection
- Strong Industry Track Record & Presence
> Joining fraudulent forex brokers puts your trading capital at risk. Protect your strategies & trading plan by partnering with a safe, trusted, and legit firm.
Across the industry, IC Markets reviews highlight cutting-edge tools, features, services, and capabilities.
Safety & Trader Protection
Review IC Markets safety and trader protection for forex trading. IC Markets is a legit forex broker regulated by various financial authorities. The broker holds licenses from top-tier entities such as CySEC, FSA and ASIC. You can trade safely with IC Markets with their negative balance protection depending on your location. This protection will safeguard you if your account balance goes negative. Review IC Market investor’s protection based on countries –
| Countries | Investor Protection | Regulatory Body | Entity Name |
| EEA(Excluding Belgium, Switzerland, Latvia) | Up to €15,000 | Cyprus Securities and Exchange Commission (CySEC) | IC Markets (Europe) Ltd |
| Australia | No Investor Protection Available | Australian Financial Authority (AFA) | IC Markets Australia Pty Ltd |
| All Other Countries | No Investor Protection Available | International Financial Supervisory Authority (IFSA) | IC Markets International Ltd |
IC Markets also has a strong track record of successfully surviving previous financial crises. Surely, review IC Market’s safety and trader protection for forex trading.
Global Regulations & Oversight
IC Markets is a legal Forex trading broker regulated globally. After knowing all the compliance requirements, the broker offers segregated funds, negative balance protection, and a ‘best execution policy.’ The broker is also supervised by Tier 1 and Tier regulatory organizations around the globe.
| Entity Feature | Country/Region | Regulation / License | Tier |
| IC Markets (EU) Ltd | Cyprus, Limassol | CySEC/SD018 | 1 |
| International Capital Markets Pty Ltd | Australia, Sydney | ASIC/362-18 | 1 |
| Raw Trading Ltd | Seychelles, Eden Island | FSA/335692 | 3 |
Plus, IC Market is one of the safest brokers with Tier 1-3 regulations for over 10 years in the trading industry. Indeed, IC Markets regulated and legal broker is one of the best choice for you.
Secure Deposits & Withdrawals
C Markets reviews highlight secure deposit & withdrawal processes. Deposit funds using secure bank transfer, debit/credit card, and eWallet methods. With advanced security protocols, no deposit fees, and low minimum requirements – this broker is focused on accommodating & empowering global FX traders.
IC Markets Minimum Deposit: $200 (All Accounts)
To access your profits, leverage user-friendly, convenient, simple, and safe withdrawal methods. These methods are rapid too – with most withdrawals processed in one business day. Plus, no withdrawal fees or charges are imposed from the broker. Of course, double-check hidden expenses from your personal payment provider first. Before opening an IC Markets brokerage account, check out reviews for deposits and withdrawal methods.
Transparent Fees & Commissions
IC Markets broker has a transparent fees and commissions structure for Forex trading. You can start trading with their commission-based accounts offering low spreads and deposits. IC Markets has won the 2024 Annual Awards for transparent commissions and fee structure. The fees vary based on account type. You can choose from different IC Market’s account types, such as commission-free Standard account, commission-based Raw Spread or cTrader Raw Spread accounts.
| Account Type | Trading Platform | Commission (per lot per side) | Spreads From (pips) |
| Standard Account | MetaTrader | $0 | 0.8 |
| Raw Spread Account | MetaTrader | $3.5 | 0 |
| Raw Spread (cTrader) | cTrader, TradingView | $3.0 | 0 |
You can even get discounts if you trade over 100 standard lots per month. Surely, choose IC Markets broker with transparent fees and commissions for Forex Trading.
Security Measures & Protocols
Review IC Markets security measures and protocols to check that the broker is legit. As a regulated and licensed broker by top-tier financial agencies, the broker follows strict regulatory compliance and robust security protocols.
IC Markets trading accounts emphasize client fund security and segregation from the company’s operational bank accounts. Moreover, these accounts offers you negative balance protection along with an insurance policy to protect you from unusual losses.
The trading broker features additional security precautions like:
- Excellent encryption technologies that protect your data and financial transactions.
- Servers at the LD5 IBX Equinix Data Center, for safe and quick forex trading.
- Protection from digital threats and a safe trading environment
Indeed, IC Markets is one of the best legit forex trading broker with great security procedures and protocols.
Why Trust IC Markets?
Choose IC Markets trust forex trading broker. IC Markets is one of the largest MetaTrader 4/5, Forex, and CFD providers in the market. You can enjoy some of the lowest spreads in while trading in various market conditions. With IC Market’s dedicated fiber optic connection, you can execute trade fast with low latency. The broker also offers advanced trading tools for market depth analyses, spread monitoring, and trade risk calculation. The broker provides you with IC Markets bonuses and promos incentives to elevate your profits. You can even start algo scalping, hedging, and automated trading using their MetaTrader 4 platform. Plus, you can also try IC Markets algorithmic trading with the auto-trading platform called cTrader 5.0. Moreover, You can even access raw prices directly using their various trading platforms. Surely, start trading with IC Market’s trusted forex trading broker.
Is IC Markets Better For Beginners Or Experts?
Finally, IC Markets is a legal Forex trading platform for beginner and expert traders. As a new investor, you will have an easy-to-use interface that provides you with comprehensive learning material to educate you in any trading complexity, including a Demo account, trading platform tutorials, educational videos, and webinars. As a beginner learn how to integrate IC Markets to TradingView to elevate your trading. As an expert trader, leverage multi-trading assets with features like tight spreads — with an average EUR/USD spread of 0.1pips — low latency, IC Insights, Raw pricing, algo-trading and scalping. Additionally, the broker offers you a reliable and helpful customer support with multi-channel services, via live chat, phone and email. Surely, IC Market is a legal forex trading broker suitable for beginner traders.
