VERIFIED AUDIT 2026
IC Markets Institutional ECN Audit
Headquartered in Sydney, Australia, IC Markets is the world’s largest true ECN broker. Powered by fiber-optic cross-connects in the Equinix NY4 data center, it is the premier platform for scalpers and automated EA trading robots.
| Specification | Broker Data |
|---|---|
| Global Regulation | ASIC (Australia, AFSL 335692), CySEC (Cyprus, 362/18), SCB (Bahamas) |
| Minimum Deposit | $200 (approx. Rs 55,600) |
| Raw ECN Spreads | From 0.0 pips on EUR/USD, USD/JPY, GBP/USD |
| Commission per Lot | $3.50 per side ($7.00 round turn) on cTrader / MT4 / MT5 |
| Trading Execution | True ECN with fiber-optic cross connections to 25+ Tier-1 liquidity providers |
| Islamic Account | Available upon request (Swap-free with small flat admin fee for long holding) |
| Supported Platforms | cTrader, MetaTrader 4, MetaTrader 5, TradingView |
Open IC Markets Raw Spread Account →Islamic Swap-Free Option Available
Ultra-fast execution • No Dealing Desk • Perfect for automated trading robots
1. Institutional Tier-1 Regulation: UK, Australia & Europe
IC Markets is heavily favored in the United Kingdom, Europe, and Australia due to its rigorous regulatory compliance under ASIC and CySEC, segregating 100% of client deposits into National Australia Bank (NAB) and Westpac Banking Corporation accounts.
2. IC Markets Account Types Comparison
Raw Spread (cTrader)
0.0 Pips Raw
Min Deposit: $200
Spread: 0.0 Pips Raw
Commission: $3.00 per side
Platform: cTrader & Desktop
Raw Spread (MT4 / MT5)
Most Popular
Min Deposit: $200
Spread: 0.0 Pips Raw
Commission: $3.50 per side
Platform: MetaTrader 4 & 5
Standard Account
Zero Commission
Min Deposit: $200
Spread: From 0.6 Pips
Commission: Zero ($0)
Platform: MT4 / MT5
3. Pros & Cons of IC Markets
✅ Advantages (Pros)
- True 0.0 pip raw spreads with direct institutional bank liquidity.
- Optimal environment for scalping, hedging, and automated EA bots.
- Supports cTrader and TradingView integration alongside MT4 and MT5.
- Tier-1 safety backed by ASIC and CySEC oversight.
❌ Drawbacks (Cons)
- Higher minimum deposit ($200) compared to Exness ($10) or XM ($5).
- Does not offer promotional deposit bonuses or credit schemes.
- No instant JazzCash/EasyPaisa mobile wallet deposits (requires Bank Wire or Crypto/Skrill).
