ASIC — Australia
Raw Trading Ltd
Regulated
IC Markets Review — Overview
Regulation
Tier-1 regulated
Licence
ASIC
Licence status
Regulated
Platforms
MT4, 5, cTrader +5 more
Min. deposit
$200
Instruments
Forex and CFDs
Typical spread
From 0.8 pips (Standard account)
Operating
15-20 years
Main market
AE
Entity
Raw Trading Ltd
Website
Unknown
IC Markets is a forex & CFD broker based in Australia, operating for 15-20 years. On Trust Broker Hub it holds a Trust Score of 8.9 out of 10, which we rate as Good — above the 5.3/10 average for brokers that hold a verified licence. Solid, well-regulated profile suitable for most traders.
Crucially, IC Markets is regulated by ASIC, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
IC Markets provides access to forex and CFDs. Published conditions include a minimum deposit of $200. No complaints are currently on record. Overall, IC Markets looks like a credible option — but always verify the licence yourself and start with a small amount.
Trust score breakdown
How is this calculated?
Weighted total
7.85
Data completeness
6 of 10 facts verified
60% ×0.80
Trust Score
6.3 / 10
This broker carries an editorial override: the formula computes 6.3/10, and we publish 8.9/10. Overrides are rare, always logged with a reason, and recorded in our audit trail.
Trust Score history
IC Markets currently scores 8.9/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Always verify the licence directly before depositing
Regulation
Tier 1 · Top
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Not disclosed |
| Minimum deposit | $200 |
| Maximum leverage | Not disclosed |
| Typical spread | From 0.8 pips (Standard account) |
| Platforms | MT4, 5, cTrader, TradingView (Windows, Web, Android, Mac, iOS) |
| Demo account | ✅ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on IC Markets
Our analysis · editorial
8.9/10
Established and well-regulated
IC Markets holds a tier-1 regulatory licence (ASIC). It is based in Australia. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 8.9/10 — a strong, low-risk profile.
Strengths
- Authorised by a tier-1 regulator (ASIC)
- No complaints on record with us
- Supports MT4 & 5 trading
- Accessible minimum deposit ($200)
Watch-outs
- Always confirm the licensed entity covers traders in your country
Bottom line: Suitable for most traders — still verify it is licensed to serve your country before depositing.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
IC Markets — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag IC Markets here if that changes.
Full specifications
Regulated region
Australia
Operating period
15-20 years
Main market
AE
License status
Regulated
Frequently asked
Is IC Markets a safe broker?
IC Markets scores 8.9 / 10 on our Trust Score, above the 5.3 average for brokers that hold a verified licence. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record with us. Trade only with funds you can afford to lose.
How is the IC Markets trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from IC Markets?
IC Markets publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.