Forex Ranker

IC MarketsBroker review

Industry-leading ECN broker favored by scalpers and algorithmic traders for ultra-tight raw spreads from 0.0 pips, fast order execution, and deep liquidity.

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Last updated August 2026

93/ 100

Model score

4.7/ 5

Editorial rating

Regulation

ASIC (Australia)

Min. deposit

$0 (Recommended starting deposit: $200)

Spreads

0.0 pips

Leverage

01

At a glance

Strengths

  • Raw spreads from 0.0 pips with institutional liquidity
  • Exceptional execution speed with minimal slippage
  • Native support for MT4, MT5, cTrader, and TradingView
  • High leverage options up to 1:500 / 1:1000 depending on entity
  • Unrestricted scalping, hedging, and Expert Advisor (EA) usage

Trade-offs

  • Standard account spreads are higher compared to Raw account pricing
  • Higher minimum deposit recommended for live accounts ($200)
02

Regulation & trust

ASIC (Australia), CySEC (Cyprus), FSA (Seychelles), SCB (Bahamas)
03

Fees & costs

Raw Spread Account: Spreads from 0.0 pips + $3.50 commission per lot per side ($7.00 round turn). Standard Account: Commission-free with spreads from 0.8 pips. cTrader Raw: Spreads from 0.0 pips + $3.00 commission per $100k.
04

Spreads & execution

Raw spreads starting from 0.0 pips on EUR/USD. Low-latency Equinix NY4 & LD5 data center server execution designed for high-frequency trading and EAs.
05

Trading platforms

MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView, WebTrader
06

Account types

Standard, Raw Spread (MT4/MT5), Raw Spread (cTrader/TradingView), Swap-Free (Islamic), Demo
07

User experience

Pro-focused trading environment with advanced client portal tools, automated strategy integration, VPS hosting options, and 24/7 technical customer support.
08

Our verdict

Industry-leading ECN broker favored by scalpers and algorithmic traders for ultra-tight raw spreads from 0.0 pips, fast order execution, and deep liquidity.
09

IC Markets — Editorial snapshot

Summary: IC Markets is a premier global ECN broker renowned for delivering institutional-grade liquidity and high-speed order execution to retail traders. Built specifically for scalpers, day traders, and high-volume automated strategy developers (EAs), IC Markets stands out for its ultra-tight Raw Spread pricing starting from 0.0 pips.

Key Highlights

  • Institutional Raw Pricing: Direct access to tier-1 liquidity providers yielding raw spreads from 0.0 pips on major currency pairs.
  • Equinix Server Execution: Trading servers hosted in NY4 and LD5 data centers ensure ultra-low latency and execution speeds under 40 milliseconds.
  • Unrestricted Platform Choice: Connect seamlessly via MetaTrader 4, MetaTrader 5, cTrader, or directly through TradingView charts.
  • Trader-Friendly Environment: Full support for high-frequency trading, news trading, hedging, and Expert Advisors without minimum order distance limitations.

Verdict: The benchmark choice for technical traders, EA operators, and scalpers requiring low execution latency and minimal trading friction.

10

Frequently asked

Is IC Markets good for scalping and automated trading (EAs)?
Yes, IC Markets is considered one of the best brokers for scalping and automated trading due to its raw spread pricing, ultra-low latency execution via Equinix servers, and lack of restrictions on trading strategies.
What is the minimum deposit for IC Markets?
IC Markets has a $0 minimum deposit requirement, although a starting deposit of at least $200 is recommended to maintain proper margin requirements.
Which trading platforms are available on IC Markets?
IC Markets supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and TradingView across desktop, web, and mobile platforms.
What is the leverage offered by IC Markets?
Leverage varies depending on the regulatory entity. ASIC and CySEC entities offer up to 1:30 for retail clients, while offshore entities (such as FSA Seychelles) offer leverage up to 1:500 or 1:1000.