About IC Markets Global
Who Is IC Markets Global?
IC Markets Global is an online forex and CFD broker that has been operating since 2007, with a registered entity in Seychelles under Raw Trading Ltd. The company positions itself as a provider of access to global financial markets, offering a wide range of tradable instruments across multiple asset classes.
The broker is known for its competitive pricing and advanced trading platforms, catering to both retail and professional traders. With a presence in Australia and Cyprus through regulated entities, IC Markets Global has built a reputation as a major player in the online trading industry.
Regulation and Licensing
IC Markets Global operates under several regulatory licenses. In Australia, it is regulated by the Australian Securities and Investments Commission (ASIC) under a Market Making License. In Cyprus, it holds a Derivatives Trading License from the Cyprus Securities and Exchange Commission (CySEC).
The Seychelles entity, Raw Trading Ltd, is regulated by the Financial Services Authority (FSA) under an offshore regulation. This multi-jurisdictional approach provides a layer of oversight, though the level of protection may vary depending on the entity a trader opens an account with.
Account Types and Trading Conditions
IC Markets Global offers several account types to suit different trading styles. The Raw Spread account features raw spreads with a commission of $3.5 per lot, while the Standard account has no commission but wider spreads. The cTrader account is designed for those who prefer the cTrader platform, with a commission of $3.0 per lot.
All account types have a minimum deposit of $200, with maximum leverage up to 1:1000 on Raw and Standard accounts, and 1:500 on cTrader and Islamic accounts. The Islamic account is swap-free, catering to traders who require Sharia-compliant trading.
Trading Platforms
Traders at IC Markets Global can choose from MetaTrader 4, MetaTrader 5, cTrader, and TradingView. These platforms are widely recognized for their advanced charting tools, automated trading capabilities, and user-friendly interfaces.
The availability of multiple platforms allows traders to select the one that best fits their trading style, whether they prefer the classic MT4, the enhanced MT5, or the professional-grade cTrader. TradingView integration also appeals to traders who use social trading and advanced charting.
Instruments and Markets
IC Markets Global provides access to a broad range of financial instruments, including forex, commodities, stocks, indices, bonds, cryptocurrencies, and futures. The broker advertises over 2,250 CFDs, covering 61 currency pairs, 24 commodities, 2,100+ stocks, 25 indices, 9 bonds, 21 cryptocurrencies, and 4 futures.
This extensive offering enables traders to diversify their portfolios and take advantage of opportunities across global markets. The inclusion of cryptocurrencies and bonds adds to the versatility of the platform.
Funding and Withdrawals
IC Markets Global supports several deposit methods, including USDT, Neteller, and Skrill. Withdrawals are available via USDT, providing a fast and secure way to access funds.
The broker emphasizes quick and efficient processing, though individual experiences may vary. Traders should review the available methods and any associated fees before funding their accounts.
Who Is IC Markets Global For?
IC Markets Global is designed for traders who value low spreads, fast execution, and a wide range of trading instruments. The broker's multiple account types and platforms make it suitable for both beginners and experienced traders.
However, given the mixed reviews on withdrawals and trust, traders who prioritize quick and hassle-free withdrawals may need to exercise caution. The broker's low scam risk score suggests it is generally reliable, but individual experiences can differ.
Overview compiled by FXCanary from regulatory records and public data. full IC Markets Global review