nexusAdvertisement: this page contains affiliate links. We earn referral fees, and we name the source of each condition, based on official information.
What is IC Markets? Raw spreads, leverage and insurance explained
IC Markets is an offshore FX broker that supports Raw Spread accounts and cTrader. This page sets out the conditions confirmed on its official pages and the fund insurance, together with the risks.
Key conditions
| Item | Details |
|---|---|
| Account types | Raw Spread (from 0.0 pips; EUR/USD average 0.1 pips), Standard (spread only), cTrader Raw |
| Commission | Raw: $3.50 per side per lot |
| Leverage | Depends on the entity: up to 1:30 under ASIC and CySEC, up to 1:500 at the Seychelles entity |
| Minimum deposit | $200 |
| Platforms | MT4, MT5 and cTrader |
| Insurance | Lloyd’s of London client funds insurance, up to US$1,000,000 (official wording: “for all claimants”). Covers balance and open CFD positions; applies only if Raw Trading Ltd becomes insolvent |
| Entity | Raw Trading Ltd (FSA Seychelles) serves many international clients; the entity depends on your country of residence |
Who it suits
- Traders who want Raw spreads and cTrader
- Those who compare brokers by fund insurance
- Anyone who wants to start from $200
Watch-outs and risks
- Insurance is not a deposit guarantee; it has covered events and limits, so you may not recover everything
- Leverage differs sharply by entity (1:30 under ASIC and CySEC)
- Offshore entities usually offer no national investor compensation scheme
- Raw accounts should be compared on total cost including commission
FAQ
What does IC Markets’ insurance cover?
Lloyd’s of London client funds insurance of up to US$1,000,000. It covers balance and open CFD positions and applies only if Raw Trading Ltd becomes insolvent.
What leverage does IC Markets offer?
It depends on the entity: up to 1:30 under ASIC and CySEC, and up to 1:500 at the Seychelles entity.
What is the minimum deposit?
$200.
Sources and check date
- IC Markets – Insurance
- IC Markets – leverage by entity (comparison site)
- IC Markets – published spreads (comparison site)
Checked: 2026-10-05