IC Markets Review
4.6Execution-focused broker with leverage determined by entity and client classification.
Overview
IC Markets offers multiple entities and account classifications, so leverage depends on the client region and legal entity. Retail clients under strict ASIC or CySEC-style protections can face a 1:30 cap on major forex pairs, while approved professional clients or eligible global entities may access higher leverage.
Best suited for: Forex traders prioritising execution and platform choice over bonuses, especially where regulated leverage limits apply.
Our verdict
Who should consider IC Markets?
Forex traders prioritising execution and platform choice over bonuses, especially where regulated leverage limits apply.
This editorial review compares the broker's stated conditions, platform access, regulation and promotional terms. Verify current pricing, entity, eligibility and legal protections directly with the broker before opening an account.
Trading Conditions
- Welcome Bonus
- No welcome bonus advertised
- Max Leverage
- 1:30 retail regulated; up to 1:500 professional/global entity
- Gold Spread
- 15 cents
- Spread From
- 0.0 pips
- Min Deposit
- $200
- Founded
- 2007
- Regulation
- ASIC, CySEC, FSA
Platforms
How the IC Markets Bonus Works
The IC Markets bonus is credited instantly as bonus credit after the eligible promotion has been activated. It increases available margin, so the same deposit can support more open positions or provide additional room while existing trades move into drawdown. The credit is a trading resource, not cash added to the withdrawable balance.
Activation comes before the deposit
Log in to the client area, open the Promotions section and activate the IC Markets offer before funding the account. Select the eligible account, accept the promotion terms and only then make the qualifying deposit. The credit is added instantly once the deposit is processed.
If you have already deposited without activating the promotion, do not open or close positions and do not place any other operation. Contact the broker's support team and ask them to attach the promotion to the deposit before trading.
The bonus credit itself cannot be withdrawn. Profits generated while using the bonus credit are fully withdrawable and are not subject to unusual profit-locking conditions in the bonus structure offered by the brokers in our selection. The selection is based on the combination of promotional value, broker reliability and regulated operations.
1. Activate
Turn on the offer in Promotions before funding.
2. Deposit
Make the qualifying deposit and receive instant credit.
3. Trade
Use the extra margin; withdraw eligible trading profits.
Bonus credit is not a guarantee against losses. The promotional amount shown above is the offer associated with this broker and account selection.
Pros
- Deep liquidity and raw spreads
- Broad professional platform choice
- Strong execution reputation
Cons
- Retail leverage capped at 1:30 under ASIC/CySEC entities
- No bonus advertised
Frequently Asked Questions
Ready to trade with IC Markets?
Open an account to claim the current no welcome bonus advertised welcome offer, or keep comparing brokers first.
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