IC Markets Review 2026 – ECN Spreads, Fees & Regulation
IC Markets is an Australian ECN broker known for ultra-low spreads and fast execution. Founded in 2007, the broker is a favorite among scalpers and algorithmic traders.
Is IC Markets Safe?
Yes, IC Markets is regulated by ASIC and CySEC, two tier-1 regulators. The broker offers segregated accounts and negative balance protection.
Regulation
- ASIC (Australia) – AFSL 335692 (Tier 1)
- CySEC (Cyprus) – License 362/18 (Tier 1)
- FSA (Seychelles) – SD018 (Tier 3)
Trading Platforms
- MetaTrader 4 – Industry standard with EA support
- MetaTrader 5 – Enhanced features
- cTrader – Advanced ECN platform
Fees & Spreads
Raw spreads from 0.0 pips. Commission of $3.50/side per lot on Raw accounts. Standard accounts are commission-free with spreads from 1.0 pips.
Pros & Cons
Pros
- Ultra-low raw spreads from 0.0 pips
- Fast execution speeds
- ASIC and CySEC regulation
- Multiple platform options
Cons
- Limited educational content
- No proprietary platform
- Basic research tools
Verdict
IC Markets is excellent for active traders, scalpers, and algo traders who prioritize low spreads and fast execution. Rating: 4.6/5
FAQ
Is IC Markets regulated?
Yes, by ASIC, CySEC, and FSA.
What are the spreads?
Raw spreads from 0.0 pips with commission.
What is the minimum deposit?
$200 for all accounts.