IC Markets review — Raw Spread and Standard, MetaTrader and cTrader
IC Markets Global (ic.com) offers Raw Spread accounts for MetaTrader and cTrader and a Standard account with the cost inside the spread.
An editorial review by FOX Trading Capital — not a client review, not advertising and not investment advice. FOX receives no payment from the broker for this material and uses no affiliate links in it. Conditions depend on the legal entity and the client's country and may change; check them on the broker's website before opening an account. Leveraged CFD trading carries a high risk of losing money rapidly. Broker data checked on the official website on 25 October 2026.
Legal entity
IC and IC Markets Global are trading names of Raw Trading Ltd (Seychelles), licensed by the Financial Services Authority of Seychelles, Securities Dealer SD018. Other group entities are not described on the page checked.
Accounts
| Account | Min. deposit | Spread from | Commission | Leverage up to | Platforms | Server | Stop Out |
|---|---|---|---|---|---|---|---|
| Raw Spread (MetaTrader) | $0 | 0.0 | $3.50 per lot per side ($7.00 round turn) | 1:5000 | MetaTrader | New York | 50% |
| Raw Spread (cTrader) | $0 | 0.0 | $3.00 per USD 100k | 1:1000 | cTrader, TradingView | London | 50% |
| Standard | $0 | 0.8 | none | 1:5000 | MetaTrader | New York | 50% |
Algorithmic trading
The page lists "all" trading styles and the MQL4/MQL5 (MetaTrader) and C# (cTrader) languages. There is no explicit statement on Expert Advisors or a VPS on the page checked — not specified. The New York MetaTrader server matters when choosing a VPS: latency depends on the distance to the broker's server.
Strengths
- Zero minimum deposit.
- Published server locations.
- A separate cTrader account with a volume-based commission.
Limitations
- The entity checked is regulated by the Seychelles FSA only.
- Extremely high maximum leverage (up to 1:5000) — high risk.
- Older help articles show different commission figures; rely on the accounts page.
FOX conclusion
Zero minimum deposit, published server locations and a market-level commission. The entity checked is regulated by the Seychelles FSA only, and its maximum leverage (up to 1:5000) calls for especially strict risk control.
Evaluation criteria
- regulation of the legal entity that serves the client
- full trade cost (spread + commission) on EUR/USD and gold
- MT4/MT5 and Expert Advisor support
- Margin Call / Stop Out levels
- transparency of the published conditions
Sources
The materials are for information only and are not investment advice. Leveraged trading carries a high risk of losing money.
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