IC Markets Review
Regulated Broker
Founded 2007 · Sydney
Raw Spreads from 0.0 pips
Low Commission
Trading Platforms
★ Trustpilot 4.8 / 5
Segregated Client Funds
2250+ Instruments
Up to 1:500 Leverage
Strategy Freedom
🏦 IC Markets at a Glance — Broker Profile & Stats
Who is IC Markets?
Regulation & Safety
What Traders Say on Trustpilot
Markets & 2,250+ Instruments
💹 Account Types & Spreads
Raw Spread (MT4/MT5)
Raw Spread (cTrader)
Standard Account
Trading Freedom
⚖️ Top IC Markets Alternatives
Pepperstone ★★★★★
BlackBull ★★★★★
FP Markets ★★★★½
Eightcap ★★★★½
🖥️ Trading Platforms
MetaTrader 4 & 5
cTrader
TradingView
Raw Trading Tech
💰 Fees, Commissions & Leverage
Spreads & Commissions
Leverage
Funding
🚫 Restricted Countries
Jurisdictions IC Markets Does Not Serve
Best For
Automated traders (EAs), scalpers, and high-volume traders who need the lowest possible entry and exit costs.
Commission
Instead of adding a markup to the spread, IC Markets charges a flat commission.
- MetaTrader 4/5: $3.50 per side per standard lot ($7.00 round turn).
- cTrader: $3.00 per side per $100k USD ($6.00 round turn).
🎥 Video Guides & Reviews
Watch Before You Trade with IC Markets
Commission
There is $0 commission charged on trades.
Best For
Discretionary traders, beginners, or swing traders who hold positions for longer periods and are less affected by small spread fluctuations.
Feature Summary and Final Recommendation
Strategic Selection Based on Volume and Style
To help you decide, here is a quick breakdown of how these accounts compare side-by-side in the current 2026 market:
| Feature | Raw Spread Account | Standard Account |
|---|---|---|
| Minimum Spread | From 0.0 pips | From 0.6 pips |
| Commission | $3.50 / lot (per side) | $0.00 |
| Execution Type | ECN / STP | ECN / STP |
| Ideal For | Scalpers & EAs | Long-term & Manual Traders |
Which One Should You Choose?
In 2026, the Raw Spread Account remains the most cost-effective option for active traders. While paying a commission might seem like an extra step, the savings you gain from 0.0 pip spreads often far outweigh the commission costs compared to the Standard account's markup. However, if you prefer a clean "zero-commission" interface and don't trade frequently, the Standard Account provides a hassle-free experience.
IC Markets Islamic Account: Features of the Swap-Free Trading Option
Aligning Institutional Trading with Sharia Principles
For traders who follow the Islamic faith, IC Markets offers a specialized Islamic (Swap-Free) Account. This option is designed to ensure compliance with Sharia law, which prohibits the earning or paying of interest (Riba). Below are the key features and operational details of this account type as of 2026.
No Swap or Interest Charges
No Riba
You will neither pay nor earn interest on any currency, metal, or index positions held overnight.
Sharia Compliance
This allows Muslim traders to engage in long-term trading strategies without violating religious principles.
Available on Multiple Account Types
Raw Spread Islamic
Benefit from 0.0 pip spreads while remaining swap-free.
Standard Islamic
Enjoy commission-free trading with the same swap-free benefits.
Platform Support
Available across MetaTrader 4, MetaTrader 5, and cTrader.
Transparent Fee Structure
Flat Administration Fees
On certain instruments (specifically exotic currency pairs), a small fixed administration fee may be charged if a position is held for more than a specific number of days (usually a 5-day grace period for majors).
Standard Commissions
The standard commissions ($3.50 per side on Raw Spread) and spreads still apply, ensuring that the trading environment remains institutional-grade.
Wide Range of Tradable Instruments
Forex
Over 60+ currency pairs.
Commodities
Gold, Silver, and Crude Oil.
Indices
Global markets like the S&P 500 and FTSE 100.
How to Open an IC Markets Islamic Account?
To activate the swap-free option, you must first register for a live account. Once your identity is verified, you can submit a request to the support team to convert your account to "Islamic" status. IC Markets may require a brief justification or documentation to confirm the necessity of the swap-free status.
