IC Markets Review: IC Markets Global Cfd Trading at a Glance

In this balanced and data-led assessment, readers will find our IC Markets review positioned to help evaluate the broker’s trading platform choices, leverage policies, and MT4/MT5 support. Built for both new and advanced trader profiles, the service mixes cTrader and TradingView access with deep-market CFD coverage, while keeping costs transparent.

• Year Launched — 2007
• Place of Registration — Australia
• Regulatory Supervisors — ASIC and CySEC
• Tradable Universe — 2,250+ symbols: CFDs on 61 FX pairs, 24 commodity markets, 2,100+ stocks, 25 equity indexes, 9 bonds, 21 crypto instruments, and 4 futures
• Practice Mode — available
• Sharia-Compliant Account — available
• Account Lineup — Standard, Raw Spread, Raw Spread for cTrader
• Smallest First Deposit — 200 USD
• Highest Leverage in Summary — up to 1:500
• Typical Pricing on Standard — spreads starting near 0.8 pips
• Platforms You Can Use — MT4, MT5, cTrader, and TradingView on web, desktop, iOS, and Android
• Copy and Social Features — supported
• Funding Methods — Visa, MasterCard, PayPal, Neteller, Skrill, UnionPay, wire transfer, Bpay, broker-to-broker, POLi, Thai online banking, Rapidpay, Klarna, Vietnamese online banking
• Fees on Funding/Payouts — none charged by the broker
• Customer Help — live chat all day, web form
• Phone — +248 467 19 76; phone coverage Monday to Saturday (AEDT), round-the-clock
• Email — support@ ; inbox monitored Sunday to Friday (GMT), 24 hours

Since its 2007 launch, this Australian broker has connected clients to global markets for forex trading and multi-asset CFDs. Under oversight in Australia and Cyprus, IC Markets Global provides more than 2,250 instruments spanning FX pair trading, commodity contracts, stock CFDs, index benchmarks, bond markets, cryptocurrencies, and selected futures. Access is delivered through MT4/MT5, cTrader, and TradingView, with 24/7 customer support and learning materials aimed at different skill levels.

Across two jurisdictions, the brokerage adheres to rules set in Australia and Cyprus, which helps strengthen investor safeguards. Supervision by the Australian Securities & Investment Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC) contributes to a controlled environment for account holders.

• Australia — Regulator: ASIC; Entity: INTERNATIONAL CAPITAL MARKETS PTY. LTD.; License Type: Market Making; License No.: 335692

• Cyprus — Regulator: CySEC; Entity: IC Markets (EU) Ltd; License Type: Market Making; License No.: 362/18

Under the Australian license 335692, INTERNATIONAL CAPITAL MARKETS PTY. LTD. holds authorization for a market-making model, indicating permission to quote two-sided prices.

Within the European Union, IC Markets (EU) Ltd operates under CySEC authorization 362/18, also using a market-maker permission set.

Separate due diligence by the WikiFX field team confirmed signage and presence at Omonoias 141, The Maritime Centre, Block B, first floor, 3045 Limassol, Cyprus, matching the public registration details.

Beyond a core FX lineup, the catalog exceeds 2,250 symbols, enabling diversification across indices and stock CFDs, plus commodities and bond markets. Such breadth lets a trader spread exposure across multiple asset classes.

• CFDs — supported
• Currency Pairs — supported
• Commodities — supported
• Stocks — supported
• Indexes — supported
• Bonds — supported
• Cryptocurrencies — supported
• Futures — supported
• Options — not offered
• ETFs — not offered

For the first top-up, the entry threshold sits at 200 USD. Many long-standing competitors ask for 500–1,000 USD to get started, while a few firms lower that barrier substantially, which places this broker in the mid-range for opening a trading account.

Against selected peers, the amounts are as follows:

• IC Markets Global — 200 USD
• AvaTrade — 100 USD
• Exness — 10 USD
• Axi — 0 USD

Pricing and access vary by account choice. Two Raw-spread variants (including a cTrader-specific setup) apply a small commission while advertising spreads from 0.0 pips. The Standard profile removes the commission but widens the spread instead. All accounts normally require a 200 USD initial deposit.

• Raw Spread (cTrader) — min deposit 200 USD; leverage up to 1:1000; spreads from 0.0 pips; commission about 3 USD per side per 100k; platforms: cTrader and TradingView; best for day trading and scalping
• Raw Spread (MT4/MT5) — min deposit 200 USD; leverage up to 1:1000; spreads from 0.0 pips; commission about 3 USD per side per 100k; platforms: MT4/MT5; suited to EAs and high-frequency styles
• Standard — min deposit 200 USD; leverage up to 1:1000; spreads typically from around 0.8 pips; no explicit commission; platforms: MT4/MT5; good for discretionary users

Alongside the main lineup, a swap-free option exists for faith-based needs, and a practice environment can be used to trial execution and commission structures before committing funds.

For skill-building and platform familiarity, a no-risk demo is available for roughly one calendar month. It mirrors the live environment with simulated balances so strategies can be tested without capital at stake.

• Direct Feed Access — raw pricing stream for realistic FX and CFD conditions
• Ultra-Tight Quotes — spreads from 0.0 pips when liquidity is deep
• Swift Fills — fast order execution suitable for scalping tests
• Multiple Terminals — MT4, MT5, and cTrader supported for demo use

Although the simulation aims for accuracy, it does not always reflect live-market liquidity, can experience data delays, and may display instruments unavailable for real-money accounts.

Getting started takes just a few steps:

• Step 1: On the homepage, choose the Try a Free DEMO button to begin.

• Step 2: Provide residence country, full name, email, and phone; then confirm via code.

• Step 3: Pick MT4, MT5, cTrader, or TradingView, set currency, select virtual funds between 200 and 5,000,000 USD, and choose leverage.
• Step 4: Log in and start testing ideas.

With maximum gearing reaching 1:1000 on certain accounts, experienced traders can control larger notional exposure. Used prudently, higher leverage can amplify returns; applied without a plan, it increases risk. Solid money management and awareness of liquidity are essential.

Multiple terminals are supported so users can find a preferred workflow. MT4 and MT5 bring extensive indicators and EA automation, while cTrader offers advanced charting and order types. TradingView adds modern, social charting and browser-based accessibility.

• MT4 — available on desktop, web, Mac, iPhone/iPad, and Android; ideal for beginners and EA exploration
• MT5 — same device coverage as MT4; geared to more experienced investors needing added instruments
• cTrader — desktop, web, and mobile options; favored by active traders for depth-of-market and execution tools
• TradingView — web-first experience; friendly for newcomers who want intuitive charts

For funding and payouts, supported channels include cards (Visa/MasterCard), popular e-wallets such as PayPal, Neteller, and Skrill, regional options like UnionPay, POLi, and local online banking in Thailand and Vietnam, as well as wire transfer, Bpay, Rapidpay, Klarna, and broker-to-broker moves.

Broker-side charges are waived for both deposits and withdrawals, though intermediary banks may apply their own fees. Requests submitted before the 12:00 AEST/AEDT cut-off typically move the same business day, with bank processing taking as long as ten working days in certain cases.

International wires can require up to two weeks and may incur third-party charges. Card refunds generally land within three to five business days. E-wallet withdrawals (PayPal/Neteller/Skrill) are processed quickly after approval and must go back to the original funding source.