IC Markets is an FCA-authorised broker (reference #Passported via CySEC) established in 2007, offering UK retail traders access to 2,250+ across FX, indices, commodities, shares and more. Headline pricing on IC Markets starts at 0.0 pips (Raw) on major FX pairs with commission $7 round-turn on Raw Spread, minimum funding from $200, and regulated retail leverage capped at 1:30 (retail UK). Client money at IC Markets is held in segregated accounts at UK banks and eligible claims are covered by the FSCS up to £85,000, which is the baseline every UK trader should look for before funding an account. This review covers what IC Markets is, who IC Marketsis built for, how IC Markets prices its most-traded markets, which platforms IC Markets runs, and the honest pros and cons of choosing IC Markets today.
Our recommendation of IC Markets rests on what IC Markets does especially well: genuine ecn routing, no dealing-desk intervention, $7 round-turn commission on raw spread account and 40ms average execution via equinix ny4 & ld5. On the pricing side, IC Marketssits comfortably inside the FCA-regulated peer group on EUR/USD and the FTSE 100 cash index, and IC Markets publishes its rate card transparently rather than hiding costs inside a widened spread. On the platform side, IC Markets supports MT4, MT5, cTrader, so both discretionary and system traders are covered. In short, IC Markets is a strong fit for algorithmic traders and high-volume scalpers, and this page lays out exactly why IC Markets earns its rank of #6 of 12 on the Amazing Reviews leaderboard.
Every headline number about IC Markets on this page is cross-referenced against the FCA Register entry for IC Markets and the broker's public UK pricing pages. Where IC Markets publishes a rate card, it is quoted verbatim; where a real-world execution outcome differs from the headline spread, both are shown so a UK trader can decide on IC Markets with full context. Screenshots below are from the IC Markets UK entity at icmarkets.com, not an international parent, so what you see is what a UK applicant will land on when opening an account with IC Markets. The scorecard near the foot of the page rolls the individual pillar scores for IC Markets, pricing, execution, platforms, product breadth, research, funding and support, into the single editorial rating of 4.7 out of 5.