Which countries are restricted from trading with IC Markets?
💡 Answer
IC Markets is headquartered in Australia and regulated by ASIC (Australia), CySEC (Cyprus), FSA (Seychelles), SCB (Bahamas), CMA (Kenya), FSCA (South Africa). While IC Markets accepts traders from most countries worldwide, the following countries are restricted:
United States, Canada, Israel, Iran, North Korea, Cuba, Syria, Sudan, Myanmar, New Zealand
Country restrictions are primarily due to regulatory requirements, sanctions, and local financial laws. Availability may also vary depending on which IC Markets entity you register with. Restrictions can change — verify your eligibility at IC Markets official website.
More FAQs about 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?
- Is IC Markets regulated, and how does it protect client funds?
Guides Where IC Markets Is Featured
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These guides include IC Markets alongside other forex brokers, grouped by trading features, platforms, availability, and trader requirements.
IC Markets vs Global Prime vs FP Markets - Forex Broker Comparison (August 2026)
Side-by-side comparison of IC Markets vs Global Prime vs FP 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 August 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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FP Markets
Australian ECN Forex & CFD Broker
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|---|---|---|---|
| Overview | |||
| Trustpilot Rating | 4.8 | 4.7 | 4.8 |
| Trustpilot Reviews | 56,017 | 545 | 10,285 |
| Headquarters | Australia | Australia | Australia |
| Founded | 2007 | 2010 | 2005 |
| 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 ECN Trading Scalping Algo Trading Copy Trading Day Trading 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) CySEC (Cyprus) FSCA (South Africa) FSA (Seychelles) CMA (Kenya) |
| Fund Segregation | ✅ Yes | ✅ Yes | ✅ Yes |
| Negative Balance Protection | ✅ Yes | ✅ Yes | ✅ Yes |
| Compensation Scheme | Up to €20,000 under CySEC ICF for EU clients | None | Up to €20,000 under CySEC ICF |
| 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 (Raw), From 1.0 pips (Standard) |
| Commission | $3.50/lot/side (Raw Spread MT), $3/100K (cTrader Raw), None (Standard) | $7/round turn per lot (Raw), None (Standard) | $3/lot/side (Raw), None (Standard) |
| 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 fees. Bank withdrawal A$10 international. E-wallets free |
| 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 (EU/AU retail) |
| Min Deposit | $200 | $0 | $100 |
| Execution Type | ECN | ECN | ECN |
| Stop Out Level | 50% | 20% | 50% |
| Margin Call Level | 100% | 90% | 100% |
| 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 | 70+ Forex 10000+ Stocks 12 Indices 3 Commodities 4 Metals 2 Energies 5 Crypto ETFs Bonds |
| Currency Pairs | 61 | 49 | 70 |
| 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 IRESS |
| 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 | Webinars Video Tutorials Forex 101 Articles Trading Guides Podcast |
| Account & Support | |||
| Account Types | Standard Raw Spread cTrader Raw Islamic Demo | Standard Raw Islamic Demo | Standard Raw Islamic IRESS 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 Bank Wire PayPal Skrill Neteller UnionPay Crypto Apple Pay Google Pay |
| 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), 1-2 days (cards), 3-5 days (bank wire) |
| Support Hours | 24/7 Live Chat, Email, Phone | 24/7 | 24/7 Live Chat, Email, Phone |
IC Markets
Global Prime
FP Markets