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IC Markets Review

True ECN Broker  ยท  ASIC, CySEC, FSC
โ˜…โ˜…โ˜…โ˜…ยฝ 4.8 / 5.0

IC Markets is one of the world's largest True ECN brokers, renowned for ultra-low spreads, deep liquidity, and lightning-fast execution. Preferred by algorithmic traders and scalpers who demand institutional-grade conditions.

Open Account at IC Markets โ†’
$200
Min Deposit
Up to 500:1
Leverage
0.0 pips
Spread From
MT4, MT5, cTrader
Platforms

IC Markets โ€” Full Review 2026

IC Markets was established in 2007 in Sydney, Australia and has since become a go-to broker for serious traders. The firm operates as a True ECN/STP broker, routing all client orders directly to major liquidity providers โ€” meaning no dealing desk and no conflict of interest.

With Raw Spread accounts, IC Markets offers EUR/USD spreads starting from 0.0 pips with a small commission per lot. The average execution speed is just 40 milliseconds, making it ideal for scalpers, algorithmic traders, and anyone who needs consistent fills.

The broker supports MT4, MT5, and cTrader โ€” the latter being especially popular with programmers due to its advanced automation capabilities. IC Markets is regulated by ASIC (Australia), CySEC (Cyprus), and FSC (Seychelles), ensuring a solid regulatory framework for traders worldwide.

Pros
  • โœ“Spreads from 0.0 pips on Raw accounts
  • โœ“Average execution speed 40ms
  • โœ“MT4, MT5, cTrader support
  • โœ“No dealing desk (NDD)
  • โœ“Deep liquidity pool from top-tier banks
Cons
  • โœ—$200 minimum deposit
  • โœ—Commission on Raw accounts
  • โœ—Customer support response times vary

What You Need to Know

ECN Execution

Direct market access with no requotes and no dealing desk. Orders routed to 25+ liquidity providers including major banks and dark pools.

Account Types

Standard Account (spread from 1.0 pips, no commission) and Raw Spread Account (from 0.0 pips + $3.50/lot commission each way).

Algo Trading

Fully supports Expert Advisors (MT4/MT5), cBots (cTrader), and third-party copy trading via Myfxbook AutoTrade.

Infrastructure

Servers co-located in Equinix NY4 and LD4 data centres. Ultra-low latency VPS available for algorithmic traders.

IC Markets โ€” Visit Official Site

Ready to get started? Click below to visit IC Markets's official website and open your trading account.

Open Account at IC Markets โ†’