Restricted countries
Canada (CA)
Canada
Source Brokers
IC Markets/IC is a Raw Trading Ltd brand offering forex and CFD trading via MetaTrader 4/5, cTrader and TradingView. The global website evidence reviewed here is primarily for the Seychelles FSA-regulated Raw Trading Ltd entity; regional/entity terms may differ.
Forex BrokerMulti Asset BrokerCFD BrokerStock CFDIndex CFDCommodity CFDMetal CFDBond
90
/100
Overall score
Overall score looks strong, with high-confidence evidence. Still verify country/entity terms.
Based on evidence31 sources
Trust
99Cost
85Withdrawal
86Read first
Decision summary
90
/100
Overall
Overall looks strong, with high-confidence evidence. Still verify country/entity terms.
Headline score from research fields, regulation evidence, and scoring payload.
Best for
Forex/CFD traders comparing cost, platforms, trust, and withdrawal terms.
Watch out
Entity, country restrictions, and high-risk fee fields should be checked carefully.
Trust signal
Trust looks strong, with high-confidence evidence. Still verify country/entity terms.
Withdrawal signal
Withdrawal looks strong, with high-confidence evidence. Still verify country/entity terms.
Availability
Countries and restrictions
Availability can vary by legal entity, account type, and local regulation. Treat this as a shortlist signal and verify details with the broker before opening an account.
Restricted countries
Iran (IR)
Iran
SourceEvidence
Source-backed details
Trust5 fields
Regulators
Financial Services Authority of Seychelles (FSA)
SourceLicense Numbers
Securities Dealer license number SD018
SourceRegulated Entities
Raw Trading Ltd, registered in Seychelles (registration number 8419879-1), regulated by the Financial Services Authority of Seychelles with Securities Dealer license SD018.
SourceNegative Balance Protection
No negative balance protection found for the reviewed global entity; IC says clients bear negative consequences and are responsible for any negative balance.
SourceInvestor Compensation
Client funds insurance up to US$1,000,000; no statutory investor compensation scheme found in reviewed official sources.
SourceCost7 fields
Minimum Deposit
No minimum deposit requirement disclosed for opening a trading account.
SourceSpread From
Spreads from 0.0 pips on MetaTrader/cTrader Raw Spread platforms; Standard account spread starts from 0.8 pip.
SourceCommission
Standard: no commission, 0.8 pip markup. Raw Spread MetaTrader: USD $3.50 per lot per side / $7 round turn. cTrader/TradingView: USD $3 per $100,000 traded per side.
SourceMaximum Leverage
IC offers flexible leverage from 1:1 to 1:5000; leverage is dynamic and may change at any time.
SourceDeposit Fee
IC does not charge additional deposit fees; bank/intermediary fees may apply.
SourceWithdrawal Fee
IC does not charge additional withdrawal fees, but third-party/intermediary/bank fees can apply; one Help Centre example mentions 20 AUD bank fee for some bankwire paths.
SourceInactivity Fee
No account inactivity fees.
SourceAvailability1 fields
Restricted Countries
Raw Trading Ltd does not provide services to residents of the United States of America, Canada, New Zealand, Iran, North Korea (DPRK), or countries where distribution/use would be contrary to local law or regulation.
SourceProduct5 fields
Tradable Assets
Forex CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs, Bonds CFDs, Cryptocurrency CFDs, Futures CFDs.
SourceTrading Platforms
MetaTrader 5, MetaTrader 4, cTrader, TradingView, MetaTrader WebTrader/cTrader Web and social/copy tools IC Social, Signal Start, ZuluTrade.
SourceAccount Types
Official pages list Standard, Raw Spread, cTrader Raw Spread and Swap Free; account overview also shows Raw Pro and Raw Pro+ entries.
SourceDeposit Methods
Credit/debit cards, PayPal, Neteller, Skrill, UnionPay, wire transfer, Bpay, broker-to-broker, POLI, Thai Internet Banking, Rapidpay, Klarna, Vietnamese Internet Banking, cryptocurrency.
SourceWithdrawal Methods
Withdrawal methods depend on original deposit method; examples include Visa/Mastercard/card routes, bank wire, Neteller, Skrill and PayPal.
SourceBefore you decide
Things to verify
Restricted Countries
Raw Trading Ltd does not provide services to residents of the United States of America, Canada, New Zealand, Iran, North Korea (DPRK), or countries where distribution/use would be contrary to local law or regulation.
Investor Compensation
Client funds insurance up to US$1,000,000; no statutory investor compensation scheme found in reviewed official sources.
Negative Balance Protection
No negative balance protection found for the reviewed global entity; IC says clients bear negative consequences and are responsible for any negative balance.
Minimum Deposit
No minimum deposit requirement disclosed for opening a trading account.
Withdrawal Processing Time
Same-business-day processing cutoff before 12:00 AEST/AEDT; after processing allow at least 3 business days depending on method.
Withdrawal Fee
IC does not charge additional withdrawal fees, but third-party/intermediary/bank fees can apply; one Help Centre example mentions 20 AUD bank fee for some bankwire paths.
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Broker research, not investment advice
Availability, fees, investor protection, and regulation can vary by country and legal entity. Verify the broker and regulator details directly before opening an account.