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Global FX Broker Transparency & Rating
Sources auditable

IC Markets

HeadquartersAustralia Founded2007 Regulatory licenses2 Websiteic.com

Why this score?

5 dimensions · open algorithm
Regulation w = 0.3
100.0 30.0 pts
Risk control w = 0.2
90.0 18.0 pts
Transparency w = 0.2
85.0 17.0 pts
Reputation w = 0.2 · not assessed (base 50)
50.0 10.0 pts
Disclosure w = 0.1
100.0 10.0 pts
Assessment coverage 4/5 · These dimensions lack sufficient public data and stay at the base 50, excluded from downgrade checks: Reputation
Facts marked ↗ link to a public source; the rest are internally verified, evidence link pending Methodology Updated at: 2026-08-30 10:57

Regulatory licenses

2 on record
ASIC T1
Active
Australia
Licence335692
International Capital Markets Pty Ltd
Verify
Verified 2026-08-30
CySEC T1
Active
Cyprus
Licence362/18
IC Markets (EU) Ltd
Verify
Verified 2026-08-30

Which entity onboards you — and what protection you get

2 entities

You contract with one of the licensed entities below, not with the brand. Protection differs enormously between jurisdictions, so check which entity actually onboards you.

Regulator / Jurisdiction Entity Retail leverage cap Investor compensation Negative balance protection
ASIC T1
Australia · ASIC
International Capital Markets Pty Ltd #335692
1:30 No statutory investor compensation scheme Mandatory
CySEC T1
Cyprus · CySEC
IC Markets (EU) Ltd #362/18
1:30 ICF, up to €20,000 per person Mandatory
Leverage caps, compensation limits and negative balance protection are general jurisdiction rules, not promises by this broker. Entity names and licence numbers link back to regulator evidence.

Company profile

Structure · Ownership · Listing
Client funds segregated
Yes — held separately from company funds
Negative balance protection
Yes — losses capped at account balance
Trading platforms
MetaTrader 5 MetaTrader 4 cTrader TradingView ZuluTrade
Source Checked 2026-08-28

Score evidence trail

10 scoring facts
Regulation +/− Reason Evidence
Regulation +30.0 Tier 1 licence from ASIC (REG_LIC_ASIC)
Regulation +30.0 Tier 1 licence from CySEC (REG_LIC_CySEC)
Risk control +30.0 Client money is held separately and can be verified (RISK_FUND_SEG) evidence pending
Risk control +10.0 Negative balance protection is provided (RISK_NBP) evidence pending
Transparency +20.0 Registered and operating locations are consistent (TRANS_HQ_MATCH) evidence pending
Transparency +15.0 Shareholders and directors are publicly traceable (TRANS_SHAREHOLDERS) evidence pending
Reputation +0.0 Insufficient user reviews (0) for assessment (REP_INSUFFICIENT) evidence pending
Disclosure +30.0 DISC_RISK (DISC_RISK)
Disclosure +20.0 DISC_SPREAD (DISC_SPREAD)
Disclosure +25.0 DISC_FLOW (DISC_FLOW) evidence pending

Time Machine

2026-07-11 11:00 · website_change
Official website changed
Evidence
2026-08-15 23:37 · score_change
Score changed
2026-05-26 22:42 ·
2026-05-26 22:42 ·
2026-05-26 22:42 ·
2026-05-10 09:00 · license_status_change
license_status_change
Evidence

AI editor brief

FXCN risk summary

IC Markets is most relevant for users focused on spread cost and execution tooling. The key risk check is not the brand name alone, but the exact legal entity used at onboarding. Verify regulator registers, license status, client-money segregation, negative balance protection and official risk disclosures.

Best fit: experienced users who care about spreads, execution and platform choice.

Watch point: leverage, dispute handling and compensation can differ by entity.

Generated by AI from structured facts above. All sources are linked under "Why this score".

Frequently Asked Questions

Which authorities regulate IC Markets?

As of 2026-08-30, the FXCN database records 2 active licence(s) for IC Markets: ASIC #335692, CySEC #362/18, including 2 Tier-1 licence(s). Every entry links to its public evidence source — see the licence table above.

Is IC Markets legit and safe?

Based on public regulatory data and our open-source algorithm, FXCN currently scores IC Markets at 85.0/100 (Green · Reasonable). Scores are fully independent of commercial deals and are not investment advice; fund safety ultimately depends on the licensed entity that onboards your account.

When was IC Markets founded and where is it based?

IC Markets was founded in 2007 and is headquartered in Australia.

How can I verify IC Markets's licences myself?

Take the licence number to the regulator's official register (FCA Register, ASIC Connect, NFA BASIC, etc.) and search it. Every licence row on FXCN links to its regulator evidence page with a last-verified date.

How do I spot clone firms impersonating IC Markets?

Clone firms reuse a genuine broker's name and licence number but operate different domains, payment accounts and support channels. Trust only the domain on the regulator's record; "agent onboarding" or "insider channels" are scam signals. Cross-check with FXCN's scam-check tool. Scam Check

Which scoring dimensions has FXCN actually assessed for IC Markets?

The FXCN score combines 5 weighted dimensions: Regulation 30%, Risk control 20%, Transparency 20%, Reputation 20%, Disclosure 10%. As of 2026-08-30, 4/5 dimensions have enough public data to assess; not yet assessed: Reputation. Unassessed dimensions stay at the base score of 50 — they neither add points nor trigger the "any dimension too low" downgrade. We would rather flag a gap than fill it with a guess. Every individual point adjustment is listed in the evidence table above.

How is the FXCN score calculated?

Scores are computed automatically by a 100% open-source algorithm from public regulatory data — anyone can reproduce the exact score locally. Advertising never affects any score; see our methodology and revenue disclosure pages. Methodology

User reviews

No reviews yet.

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Evidence-based options

Brokers sharing a regulator appear first, followed by alternatives in the same headquarters jurisdiction and risk band. Every relationship comes from structured FXCN data; nothing is random.

Plus500 Israel 80.0
Shared regulator: ASIC · CySEC
XM Cyprus 79.0
Shared regulator: ASIC · CySEC
easyMarkets Cyprus 78.0
Shared regulator: ASIC · CySEC
NAGA Markets Cyprus 78.0
Shared regulator: ASIC · CySEC
Pepperstone Australia 77.0
Shared regulator: ASIC · CySEC
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