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Broker profile

IC Markets

FSCA · No FSCA licence foundOn a regulator warning list

Raw Trading Ltd

At a glance

Licences3 regulators3 on a register · incl. top-tier
Warnings1 about IC Markets2 copycat names/sites
Trustpilot4.8 / 557,133 reviews
Regulator warning. The UK FCA lists IC Markets Global (https://www.icmarkets.com/global/en/ and https://www.ic.com/en/) as not authorised to serve UK residents. These are country-specific; IC Markets may hold licences elsewhere (below). Check which company you'd actually be signing up with.

Licences and regulators

ASIC335692
INTERNATIONAL CAPITAL MARKETS PTY. LTD. Found on the register by name.
On the register
FSA SeychellesSD018
Raw Trading Ltd Checked on 17 Oct 2026
On the register
CMA Kenya199
IC Markets (KE) Limited
On the register

“On the register” means we found this number on the regulator's own list. The FSC Mauritius register shows no licence numbers, so there we match by name and label the number “broker says”. “Claimed by broker” means the broker's site states it and we couldn't check that register automatically. Info may be out of date or wrong. Always check with the regulator before you trade.

Company facts

Websiteicmarkets.com
Head office (country)Australia
Founded–
Support email–
Legal entities namedRaw Trading Ltd · INTERNATIONAL CAPITAL MARKETS PTY. LTD. · IC Markets (KE) Limited

From the broker's own website. Scammers copy contact details, so use the website and email shown on the regulator's register.

Licence details by regulator

RegulatorEntity · numberStatusWhat it covers
FSA SeychellesRaw Trading Ltd · SD018On the registerNamed in FSA Seychelles' list of licensed Securities Dealers (list shows names, not licence numbers)
ASICINTERNATIONAL CAPITAL MARKETS PTY. LTD. · 335692On the registerFound on the register by name; not stated on the broker page we read.
CMA KenyaIC Markets (KE) Limited · 199On the registerFound on the CMA Kenya licensee list under this name

A licence only covers the entity and country named. Check which entity your account is with: it's in the client agreement.

Check other warning sources

  • IOSCO I-SCAN ↗Warnings from regulators worldwide. Search for “IC Markets” and “Raw Trading Ltd”.
  • FCA Final Notices ↗UK fines and bans (Publications → Notices and decisions → Final notices). Search for “IC Markets” and “Raw Trading Ltd”.
  • ASIC enforcement ↗Australian media releases on court action and bans. Search for “IC Markets” and “Raw Trading Ltd”.
  • CySEC decisions ↗Cyprus board decisions and fines. Search for “IC Markets” and “Raw Trading Ltd”.
  • CFTC RED list ↗Foreign firms acting as if US-registered. Search for “IC Markets” and “Raw Trading Ltd”.
  • NFA BASIC ↗US futures and forex firm records and actions. Search for “IC Markets” and “Raw Trading Ltd”.

Change log

No alerts or corrections for IC Markets yet. All fixes are in the corrections log.

Accounts and platforms

Account typesRaw SpreadcTrader Raw SpreadStandardSwap Free
PlatformsMT4MT5cTraderTradingView
Commission$6cTrader & TradingView: $3 per side per 100k

Copycats: names and sites that are not IC Markets

Regulators list these as look-alikes or impersonators. Always check the website address.

IC Markets: questions and answers

Which licences does IC Markets name?

We can't tell you whether to trust a broker. Here is what public sources show. IC Markets names licences from FSA Seychelles, ASIC and CMA Kenya. 3 of these were found on the regulator's own register. Always check the regulator's register yourself.

Is IC Markets regulated by the FSCA?

We didn't find an FSCA licence (FSP number) for IC Markets.

Are there regulator warnings about IC Markets?

Yes. The UK FCA lists IC Markets Global (https://www.icmarkets.com/global/en/ and https://www.ic.com/en/) as not authorised to serve UK residents. IC Markets may still hold licences elsewhere.

What is IC Markets' Trustpilot rating?

4.8 out of 5 from 57,133 reviews on Trustpilot. Trustpilot reviews aren't checked by us.

What is the minimum deposit at IC Markets?

We haven't recorded IC Markets' minimum deposit from its own pages yet.

Facts from public sources, not advice. We don't rate or recommend brokers.

Trader reviews of IC Markets

Deposits & withdrawals (optional) Platform (optional) Support (optional)

Reviews are moderated. No links, phone numbers or "fund recovery" offers. Those are a common scam. Reviews are traders' own views, not ours, and not advice.