Raw spread broker review
True ECN connectivity, deep liquidity, and ultra-fast execution for Forex and CFD traders who care about pricing.
Affiliate disclosure: INEHub may receive referral compensation without changing this editorial assessment.
Broker overview
Founded in 2007 and headquartered in Sydney, Australia, IC Markets built its reputation around ECN and Straight-Through-Processing execution. Orders are routed to liquidity providers rather than handled through a traditional dealing desk.
The broker offers Forex, stock, index, commodity, bond, futures, and cryptocurrency CFDs through MT4, MT5, cTrader, and TradingView. The entity serving your account determines leverage, protections, and product availability.
Why traders notice IC Markets
Near-zero pricing plus transparent commission for active traders and EAs.
MT4, MT5, cTrader, and TradingView cover desktop, web, mobile, and automation.
ASIC, CySEC, and FSA coverage supports a broad international client base.
Trade currency pairs, global shares, indices, metals, energy, bonds, futures, and crypto CFDs.
Manage and trade accounts through the iOS and Android ecosystem.
Register through INEHub and submit your User ID for lifetime free signal verification.
Editorial scorecard
Order execution speed
Equinix NY4 and institutional market execution
Spread tightness
Raw Spread pricing from 0.0 pips
Liquidity depth
Tier-1 bank and non-bank liquidity pools
Regulatory safety
ASIC, CySEC, and FSA entities
Platform variety
MT4, MT5, cTrader, and TradingView
Customer support
24/7 live chat infrastructure
Execution environments
The familiar retail platform with MQL4 Expert Advisors, custom indicators, and up to 200 open or pending orders.
Expanded timeframes, order types, economic calendar, and MQL5 automation with netting or hedging modes.
Level II depth, advanced charts, and C# cBots through the cAlgo environment. Up to 2,000 orders.
Connect a live IC Markets account directly to TradingView charts and place trades from the browser.
Pricing and account choice
All three account paths use a $200 minimum deposit. Standard keeps pricing simple; Raw Spread is designed for tight-spread execution; Islamic accounts remove swap charges subject to current terms.
| Account | Min. deposit | Typical spread | Commission | Best for |
|---|---|---|---|---|
| Standard | $200 | From 0.8 pips | No separate commission | Simple all-in pricing |
| Raw Spread (ECN) | $200 | From 0.0 pips | Around $3.50 per lot per side | Scalpers, EAs, and high volume |
| Islamic (Swap-Free) | $200 | Underlying account pricing | Underlying account pricing | Shariah-compliant trading |
Technical specifications
| Instruments | Forex, stocks, indices, commodities, metals, bonds, futures, crypto CFDs |
|---|---|
| Minimum order | 0.01 lot |
| Leverage | Up to 1:500 FSA; up to 1:30 ASIC and CySEC retail zones |
| Execution | Institutional market execution through tier-1 liquidity pools |
| Margin call / stop out | 100% / 50% |
| Payment methods | Wire, Visa, Mastercard, Skrill, PayPal, Neteller, Klarna, UnionPay, and regional methods |
| PAMM | Not available |
| Mobile | iOS and Android connectivity |
IC Markets lists 60+ currency pairs and more than 2,100 global share CFDs, alongside indices, commodities, bonds, futures, and major cryptocurrency CFDs.
IC Markets does not charge its own deposit or withdrawal fee. Bank wires usually take a few business days, cards vary by issuer, and e-wallets are generally faster. KYC and regional payment availability can affect every estimate.
Visa, Mastercard, Skrill, Neteller, PayPal, and more.
Useful for larger balances, but normally the slowest route.
POLi, BPAY, UnionPay, Fasapay, Klarna, and Internet Banking.
INEHub partner benefit
Register through our referral link, submit your IC Markets User ID after registration, and receive verification for access across Web, Android, and Telegram.
IC Markets runs an Introducing Broker and affiliate program for traders, creators, and financial communities. Partners can access tracking tools and rebates tied to referred client activity, subject to regional terms.
Need a clear answer?
The minimum deposit is $200, payable in USD, EUR, GBP, CAD, AUD, HKD, NZD, CHF, SGD, or JPY.
Final verdict
IC Markets stands out for Raw Spread pricing, platform choice, deep liquidity, automation support, and multi-jurisdiction regulation. It is best suited to traders who can meet the $200 entry point and understand that leverage and client protection depend on their legal entity.
Risk warning: CFDs, Forex, and leveraged trading involve significant risk. This review is informational and is not investment advice.
