Is IC Markets regulated, and how does it protect client funds?
💡 Answer
IC Markets is regulated by ASIC (Australia), CySEC (Cyprus), FSA (Seychelles), SCB (Bahamas), CMA (Kenya), FSCA (South Africa). Here is a breakdown of their safety measures:
Are client funds segregated at IC Markets?
✅ Yes — This means client deposits are held in separate bank accounts from the broker's own operating funds.
Does IC Markets offer negative balance protection?
✅ Yes — Traders cannot lose more than their deposited amount.
What compensation scheme does IC Markets offer?
Up to €20,000 under CySEC ICF for EU clients
For the latest regulatory status, license numbers, and fund protection details, see IC Markets official website.
More FAQs about IC Markets
- Which countries are restricted from trading with IC Markets?
- How do I get started with IC Markets?
- What type of trader is IC Markets best suited for?
- Where is IC Markets headquartered, and when was it founded?
- What educational resources does IC Markets offer?
- What is IC Markets Trustpilot rating?
- What deposit and withdrawal methods does IC Markets support?
- Does IC Markets offer copy trading?
- Does IC Markets allow expert advisors and automated trading?
- What markets and instruments can I trade at IC Markets?
- What account types does IC Markets offer?
- What trading platforms does IC Markets offer?
- What is the minimum deposit at IC Markets, and are there any fees?
- What is the maximum leverage offered by IC Markets?
- What are the spreads and commissions at IC Markets?
Guides Where IC Markets Is Featured
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- Best CySEC-Regulated Forex Brokers in 2026
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- Best Forex Brokers for Crypto Trading in 2026
- Best Forex Brokers for Estonia in 2026
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- Best Forex Brokers for High-Volume Trading in 2026
These guides include IC Markets alongside other forex brokers, grouped by trading features, platforms, availability, and trader requirements.
IC Markets vs Global Prime vs Fusion Markets - Forex Broker Comparison (October 2026)
Side-by-side comparison of IC Markets vs Global Prime vs Fusion Markets. Quickly scan spreads, leverage, regulations, platforms, instruments, fees, trading conditions, payment options and account types to narrow down your forex broker shortlist. Data updated October 2026.
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IC Markets
True ECN Forex & CFD Broker — Raw Spreads from 0.0 Pips
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Global Prime
Australian ECN Broker — Democratising Access to Global Markets
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Fusion Markets
Low-Cost Australian ECN Broker
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|---|---|---|---|
| Overview | |||
| Trustpilot Rating | 4.8 | 4.7 | 4.8 |
| Trustpilot Reviews | 56,985 | 561 | 9,961 |
| Headquarters | Australia | Australia | Australia |
| Founded | 2007 | 2010 | 2019 |
| Best For | Low Spreads ECN Trading Scalping Algo Trading High-Volume Copy Trading Day Trading High Leverage Swing Trading News Trading Hedging Zero Spread No Commission Professional | Beginners Low Spreads Low Deposit Scalping Algo Trading Copy Trading Day Trading Swing Trading News Trading Hedging Zero Spread No Commission Professional | Low Spreads Scalping Algo Trading Day Trading Copy Trading Low Deposit High Leverage Swing Trading News Trading Hedging Zero Spread No Commission Professional |
| Trust & Safety | |||
| Regulation | ASIC (Australia) CySEC (Cyprus) FSA (Seychelles) SCB (Bahamas) CMA (Kenya) FSCA (South Africa) | ASIC (Australia) VFSC (Vanuatu) FSA (Seychelles) | ASIC (Australia) VFSC (Vanuatu) FSA (Seychelles) |
| Fund Segregation | ✅ Yes | ✅ Yes | ✅ Yes |
| Negative Balance Protection | ✅ Yes | ✅ Yes | ✅ Yes |
| Compensation Scheme | Up to €20,000 under CySEC ICF for EU clients | None | None |
| Trading Costs | |||
| Min Spread | From 0.0 pips (Raw Spread), From 0.8 pips (Standard) | From 0.0 pips (Raw), From 0.9 pips (Standard) | From 0.0 pips (Zero), From 0.9 pips (Classic) |
| Commission | $3.50/lot/side (Raw Spread MT), $3/100K (cTrader Raw), None (Standard) | $7/round turn per lot (Raw), None (Standard) | $2.25/lot/side (Zero), None (Classic) |
| Swap-Free (Islamic) | ✅ Yes | ✅ Yes | ✅ Yes |
| Inactivity Fee | None | None | None |
| Deposit/Withdrawal Fees | No deposit or withdrawal fees. Bank wire may incur intermediary charges | No deposit fees. No withdrawal fees | No deposit or withdrawal fees. International bank wire may incur $30 bank fee |
| Trading Conditions | |||
| Max Leverage | 1:1000 (Global), 1:500 (Bahamas), 1:30 (EU/AU retail) | 1:500 (Global), 1:30 (AU retail) | 1:500 (Global), 1:30 (AU retail) |
| Min Deposit | $200 | $0 | $0 |
| Execution Type | ECN | ECN | ECN |
| Stop Out Level | 50% | 20% | 20% |
| Margin Call Level | 100% | 90% | 90% |
| Instruments | 61 Forex 2100+ Stocks 25 Indices 19 Commodities 6 Metals 3 Energies 21 Crypto 9 Bonds 5 Futures | 49 Forex Stocks 18 Indices 23 Commodities Metals Energies 5 Crypto 7 Bonds | 90+ Forex 110+ Stocks 15 Indices 4+ Commodities 9 Metals 3 Energies 13 Crypto |
| Currency Pairs | 61 | 49 | 90 |
| Min Lot Size | 0.01 | 0.01 | 0.01 |
| Platforms & Tools | |||
| Trading Platforms | MetaTrader 4 MetaTrader 5 cTrader TradingView | MetaTrader 4 MetaTrader 5 | MetaTrader 4 MetaTrader 5 cTrader TradingView |
| Mobile App | ✅ Yes | ✅ Yes | ✅ Yes |
| Copy Trading | ✅ Yes | ✅ Yes | ✅ Yes |
| Expert Advisors (EA) | ✅ Yes | ✅ Yes | ✅ Yes |
| VPS Hosting | ✅ Yes | ✅ Yes | ✅ Yes |
| API Access | ✅ Yes | ✅ Yes | ✅ Yes |
| Education | Webinars Video Tutorials Trading Guides Market Analysis IC Your Trade Podcast | Trading Guides Economic Calendar Trading Calculators Daily Market Insights | Blog Articles Trading Guides Demo Account |
| Account & Support | |||
| Account Types | Standard Raw Spread cTrader Raw Islamic Demo | Standard Raw Islamic Demo | Zero Classic Swap-Free Islamic Demo |
| Payment Methods | Credit/Debit Cards Bank Wire PayPal Skrill Neteller UnionPay FasaPay Crypto (BTC) | Credit/Debit Cards (Visa Mastercard) Bank Wire PayPal Skrill Neteller FasaPay | Credit/Debit Cards (Visa Mastercard) Bank Wire PayPal Skrill Neteller FasaPay Perfect Money Crypto (Bitcoin) |
| Withdrawal Speed | Same day (e-wallets), 1-3 days (cards), 3-5 days (bank wire) | Same Day (e-wallets), 1-2 Days (cards), 3-5 Days (bank wire) | Same day (e-wallets/PayPal), 1-5 days (cards), 3-5 days (bank wire) |
| Support Hours | 24/7 Live Chat, Email, Phone | 24/7 | 24/7 Live Chat, Email, Phone, WhatsApp |
IC Markets
Global Prime
Fusion Markets