Global Forex Broker Inquiry
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Frequently asked questions

Is IC Markets regulated?
Yes. IC Markets is regulated by ASIC, CySEC, FSA Seychelles. The license number is AFSL 335692. You can verify the license on the relevant regulator's official register.
What is IC Markets's minimum deposit?
The minimum first deposit on IC Markets is $200. Some account types may have higher minimums — check the broker's official site for the latest figures.
Is IC Markets safe to trade with?
IC Markets operates under ASIC, CySEC, FSA Seychelles regulation and has been in operation since 2007. Always verify the current license status on the regulator's public register before depositing, and only deposit funds you can afford to risk on leveraged products.
Does IC Markets accept US clients?
No. IC Markets does not currently accept US-resident clients due to US regulatory requirements (CFTC/NFA).
What is IC Markets's maximum leverage?
Maximum leverage on IC Markets is 30:1 retail / 500:1 offshore. Retail leverage caps vary by jurisdiction — clients under tier-1 regulators (FCA, ASIC, CySEC) are capped lower than offshore-regulated clients.
Does IC Markets support MetaTrader 4 / MT5?
Yes. IC Markets supports MetaTrader 4 and/or MetaTrader 5 alongside its other platforms.
What platforms does IC Markets offer?
IC Markets offers trading via MT4, MT5, cTrader, TradingView. Each platform has its own desktop and mobile versions where applicable.
How long do IC Markets withdrawals take?
IC Markets withdrawal processing time depends on the method: card withdrawals are typically same-day, e-wallets within 24 hours, and bank wires within 1–5 business days. KYC verification must be completed first.
Does IC Markets charge withdrawal fees?
IC Markets typically does not charge for withdrawals to your original deposit method. Some payment processors or banks may apply their own fees outside the broker's control. Check the broker's payment terms for current details.
Can I open a demo account with IC Markets?
Yes. IC Markets offers a free demo account with virtual funds so you can test the platform, practice strategies, and explore available markets before committing real capital.