IC Markets
Raw spreads, ECN execution, ASIC-regulated since 2007
4.6Forex BrokersMin $200
IC Markets is an Australian-headquartered ECN broker known for some of the tightest raw spreads in the retail forex industry. Best suited for scalpers, EAs and high-frequency strategies that need deep liquidity. Offers MT4, MT5, cTrader and TradingView integration.
Pros
- Sub-pip raw spreads on EUR/USD (often 0.0–0.1 pips + commission)
- Multi-regulated: ASIC, CySEC, FSA Seychelles
- Choice of MT4, MT5, cTrader and TradingView
- No restrictions on scalping or EA usage
Cons
- Commission added on top of raw spreads ($3.50 per side per lot)
- No proprietary trading platform — relies on third-party software
Fees
Raw spread + $3.50/lot/side commission on the Raw account. Standard account is commission-free but spreads start at ~1.0 pip. Withdrawals via bank transfer, card or PayPal — most methods free.
Regulation
ASIC (Australia, AFSL 335692), CySEC (Cyprus, 362/18), FSA Seychelles (SD018). Australian client funds segregated with NAB and Westpac.
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