Is IC Markets legit? The verified evidence, scored.
◆ The short answer
Yes — IC Markets is legit and well-regulated. It is authorised by ASIC, CySEC, FSA (AFSL 335692 · CIF 362/18), holds client funds in segregated accounts, and scores 9.4/10 in our 2026 review. Verified users rate it 4.8/5 across 2,140 reviews.
How we make money: The 'Visit broker' links are affiliate links; we may earn a commission at no cost to you. This never affects our score or verdict.
Disclosure →Verified Key Data
How the 9.4 breaks down
The Honest Take
Yes. IC Markets operates regulated entities under ASIC, CySEC, FSA (AFSL 335692 · CIF 362/18). Client money is held in segregated accounts. You can verify this yourself by searching the licence number in the regulator's public register and confirming the entity name and status match — we show that number in the key-data box above.
No. A scam broker is typically unlicensed, blocks withdrawals, or trades against clients without disclosure. IC Markets is the opposite profile: multi-jurisdiction licences you can verify in public registers, segregated client funds and a track record since 2007. Always trade with the entity that regulates your region, as protections differ between entities.
Community Verdict
Only reviews from users we verify as real account holders count toward this rating, and each passes an anti-fraud screen. See how we verify reviews.
“Been with IC for three years. Spreads on EUR/USD are genuinely raw and withdrawals hit my bank next day, every time.”
“Costs are excellent and support is responsive. Docked a star because the $200 minimum was a stretch when I started.”
“Scalping-friendly with no requotes even during news. Slippage is minimal and I can see it is a true ECN.”
Risk warningCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. This review is independent and is not financial advice.