IC Markets Review

IC Markets: A Top Forex Broker with Leading Standard Account Offerings

IC Markets has been recognized as a premier forex broker in 2025, particularly noted for its exceptional standard account. The broker’s commitment to providing competitive trading conditions and a user-friendly experience has solidified its position among the top forex brokers globally.

Overall Performance and Evaluation

IC Markets received an impressive overall score of 93 out of 100, placing it among the elite brokers in the industry. This evaluation was based on a comprehensive analysis of six critical categories: trading costs, trading experience, trading platforms, trust and regulation, range of markets, and customer service. Each category was meticulously assessed to provide a detailed overview of IC Markets’ strengths and areas for potential improvement.

Trading Costs: Unmatched Standard Account Spreads

IC Markets scored a 9.5 out of 10 for trading costs, a testament to its commitment to providing traders with competitive pricing. The broker offers two primary account types: a Raw account with spreads and commissions, suitable for advanced traders using EAs and scalping strategies, and a standard account with no commissions, ideal for those new to trading.

IC Markets distinguishes itself with its consistently low spreads on the standard account. Regular monthly comparisons of spreads from various brokers consistently place IC Markets at the top. This makes it the preferred choice for traders seeking the lowest fees on a standard, commission-free account.

Trading Experience: Reliable Execution Speeds

IC Markets received an 8.5 out of 10 for trading experience. This category evaluates the broker’s infrastructure and execution speeds. While not the absolute best, IC Markets demonstrated commendable performance. As one of the long-standing brokers in the industry, IC Markets has invested heavily in technology, ensuring robust liquidity and reliable execution. This minimizes slippage, a critical factor for traders who rely on precise order execution.

Trading Platforms: Comprehensive Selection

IC Markets scored a 9.5 out of 10 for its trading platforms, offering a wide array of options to cater to diverse trading styles. The broker provides access to MetaTrader 4, MetaTrader 5, cTrader, and TradingView, covering all major trading platforms. While IC Markets does not offer a proprietary platform, which can be advantageous for beginner traders, its comprehensive selection of third-party platforms meets the needs of most traders.

Trust and Regulation: Solid Regulatory Standing

IC Markets received an 8.5 out of 10 for trust and regulation. While the broker is regulated in several major markets, including Australia and Europe, it lacks regulation in regions like the US and Canada. This limits its reach but does not diminish its overall reliability. IC Markets has a strong foundation, having been established in Australia and maintaining a solid presence in the region.

Range of Markets: Diverse Asset Offerings

IC Markets scored an 8.5 out of 10 for its range of markets. The broker offers a wide selection of assets, including cryptocurrencies, shares, and currencies. However, it may not provide access to all niche markets, particularly exotic cryptocurrencies and lesser-known shares. For most traders, IC Markets offers a comprehensive range of assets, meeting the demands of mainstream trading.

Customer Service: Responsive and Supportive

IC Markets received a 9 out of 10 for customer service. The broker provides responsive support through various channels, including email, live chat, and phone. While feedback from traders indicates satisfaction, IC Markets does not consistently achieve the highest customer satisfaction ratings compared to some competitors. Nevertheless, its customer support teams are knowledgeable and readily available to assist traders.

Final Recommendations

IC Markets’ overall score of 9.3 out of 10 underscores its position as a leading forex broker. Its exceptional performance in trading costs, particularly for its standard account, makes it a highly recommended choice. While it may have slight limitations in specific areas, its strengths significantly outweigh these drawbacks. For traders seeking a reliable broker with competitive spreads and a wide range of trading platforms, IC Markets is a strong contender.