IC Trading Broker Review 2024

In the ever-evolving world of online trading, finding a reliable and efficient broker can be a game-changer for novice and experienced traders.

IC Trading is regulated by FSC. has emerged as a standout player in the Forex and CFD market, offering cutting-edge technology, competitive pricing [from 0.0 spread with over 25 different liquidity providers], and a wide range of trading instruments [Forex, Commodities, Indices].

This guide is as IC Trading Review explores what makes the broker a top choice for traders worldwide.

IC Trading Company Information & Regulation status

Established in 2007, IC Trading broker [regulated by FSC] has positioned itself as a global Forex and CFD provider with a mission to bridge the gap between retail and institutional traders.

The company's founding team brings extensive experience from across Asia, Europe, and North America, leveraging their expertise to create a trading environment previously accessible only to investment banks and high-net-worth individuals.

Key aspects of IC Trading's operations include:

• Cutting-edge platforms;
• Low latency connectivity;
• Superior liquidity;
• Innovative technology solutions;
• Strict regulatory compliance.

IC Trading is committed to regulatory compliance, implementing rigorous management discipline and first-class controls in its compliance environment.

The company safeguards client funds by holding them in segregated trust accounts and employs independent external auditors to ensure adherence to regulatory standards.

IC Trading Broker Summary of Specifics

To give you a clear picture of what IC offers, here's a concise summary of its key features:

IC Trading's diverse offerings, regulatory compliance, and positive user reviews make it an attractive option for traders seeking a well-rounded trading experience.

IC Trading Forex Broker Account Types

IC caters to various trading styles and preferences through its thoughtfully designed account types:

Raw Spread Account (cTrader)

• • Tradign platform: cTrader;
  • Ultra-low spreads, starting from 0.0 pip;
  • Small commission of $3.0 per $100,000 traded.

Raw Spread Account (MetaTrader)

• • • platform: metaTrader;
    • Perfect for active traders and algorithmic trading enthusiasts;
    • Spreads from 0.0 pips;
    • Commission of $3.5 per lot.

Standard Account (MetaTrader)

• • platform: MetaTrader;
  • Suited for discretionary traders;
  • No commissions;
  • Spreads from 0.8 pips.

With the IC Trading accounts you benefit from the following:

• Access to multiple platforms (cTrader, MetaTrader 4/5);
• High leverage options (up to 1:500);
• Risk-free demo trading environment.

This variety ensures that whether you're a seasoned pro or just starting, there's an account type that aligns with your trading strategy and goals.

IC Trading Forex Broker Advantages and Disadvantages

As with any broker, IC has its own pros and cons. Let's break them down:

While IC Trading broker shines in areas crucial for experienced, price-sensitive traders, it may fall short for beginners seeking comprehensive educational resources. Potential clients should carefully consider the trade-off between competitive pricing and regulatory oversight.

IC Trading Broker Signing Up & Verification: Complete Guide

Getting started with IC is a streamlined process designed to get you trading as quickly as possible. Here's a step-by-step guide:

1. Visit the IC Trading website and click on "Trade Now";
2. Fill in the required personal information (Country, First name, Last name, Email, and Mobile);
3. Choose your account type and insert your date of birth, Address, nationality, TIN, National ID;
4. Choose your platform;
5. Determine the account type (Standard/RAW) and the base currency;
6. Confirm your information.

Remember, while the process is designed to be fast, ensure you thoroughly understand the platform and the risks involved before committing to real capital.

IC Trading Forex Broker Platforms

IC Trading offers a robust suite of platforms to cater to various trader preferences:

1. MetaTrader 4 (MT4):

• Industry-standard platform;
• Extensive customization options;
• Large marketplace for expert advisors (EAs).

2. MetaTrader 5 (MT5):

• Advanced version of MT4;
• Enhanced charting capabilities;
• more available markets, including stocks and futures.

3. cTrader:

• Modern, intuitive interface;
• Advanced order types and risk management tools;
• Built-in algorithmic trading capabilities.

All platforms feature:

• Fast order execution;
• Access to deep liquidity pools;
• desktop, web, and mobile versions.

IC Trading's platform offerings stand out for their speed, reliability, and suitability for manual and automated trading strategies. Whether you're a discretionary trader or rely on algorithms, you'll find a platform that meets your needs.

IC Trading Forex Broker Spreads and Commissions

IC prides itself on offering some of the most competitive pricing in the industry:

• Raw Spread accounts offer spreads starting from 0;
• Variable spreads across all platforms (MT4, MT5, cTrader, TradingView);
• Deep liquidity from over 25 providers ensures tight spreads.

Commission structure:

• Raw Spread accounts: Small per-lot fee (e.g., $3.5 per standard lot on MetaTrader);
• Standard accounts: No commission, slightly wider spreads (0.8 pips).

IC Trading's transparent pricing model extends across major, minor, and exotic currency pairs and other instruments like commodities, indices, and bonds. This combination of ultra-low spreads and reasonable commissions makes IC Trading particularly attractive for high-volume and high-frequency traders.

Deposit & Withdrawal in IC

IC Trading offers a wide array of funding options to accommodate traders from various regions:

• Deposit methods:
  • Credit/debit cards;
  • PayPal;
  • E-wallet (Neteller);
  • Bank wire transfers;
  • Broker-to-broker.
• Key features:
  • Over 5 different deposit methods available;
  • Support for at least 7 base currencies;
  • No additional fees charged by IC Trading for deposits or withdrawals;
  • Client funds held in segregated trust accounts with top-tier banks.
• Important notes:
  • All deposits must come from an account in the client's name;
  • Processing times vary depending on the chosen method.
• Withdrawal methods:
  • Credit/debit cards
  • Bank wire transfer
  • Key features:
    • No fees for withdrawals;
    • 3-5 business days for withdrawal time;
    • Submit by 12:00 GMT for same-day processing.
  • Important notes:
    • Not available in all countries;
    • withdrawal time up to 10 in rare cases;
    • Provide bank letter for the stolen card.

IC Trading's flexible and secure funding options allow traders to easily manage their account finances while adhering to regulatory requirements and best practices in fund security.

Copy Trading & Investment Options Offered on IC Trading

IC Trading offers copy trading services through the cTrader. This allows clients toautomatically replicate the trades of other investors or professional traders. This feature is ideal for those seeking passive investment opportunities, as it enables them to benefit from the expertise of experienced traders.

Additionally, it provides flexibility and convenience, allowing users to manage their investments with ease while still having the option to develop and implement their own trading strategies.

 IC Trading Tradable Markets & Symbols

IC Trading offers an extensive range of tradable instruments across multiple asset classes:

• Forex: Over 60 currency pairs;
• Indices: Major global stock indices;
• Commodities: Metals & energies;
• Stocks: CFDs on shares from major global exchanges;
• Bonds: Over 9 Bonds available to trade;
• Cryptocurrencies: Major crypto pairs with leverage up to 1:200.

This diverse offering allows traders to access a wide range of global markets from a single platform, facilitating portfolio diversification and the ability to capitalize on various market conditions.

IC Trading Bonuses and Promotions

IC Trading appears to not provide any bonuses or promotions at the moment. This means clients won’t encounter sign-up bonuses, deposit bonuses, or other promotional rewards that some brokers offer.

The lack of these incentives could be due to regulatory constraints, company policies, or a strategic emphasis on other service aspects. While this might be a disadvantage for traders seeking additional perks, it indicates that IC Trading may focus on transparency and clear trading conditions rather than promotional tactics.

Clients can still take advantage of the broker’s other features, such as competitive spreads, sophisticated platforms, and excellent customer support.

IC Trading Broker Support team

IC Trading aims to provide comprehensive support to its clients:

• 24/7 customer support;
• Multiple contact channels:
  • Live chat;
  • Help center.

While IC Trading strives to offer robust support, some users have reported response times and availability issues. As with any broker, it is advisable to test the support channels before committing to a live account.

IC Trading Broker List of Restricted Countries

IC Trading is regulated by the Financial Services Commission (FSC) of Mauritius. This regulatory authority is recognized for its rigorous compliance standards, ensuring that IC Trading operates within a solid legal framework.

The FSC mandates that the broker follows strict anti-money laundering regulations, keeps client funds in segregated accounts, and undergoes regular external audits to maintain transparency and security for its clients.

However, it is not explicitly stated whether IC Trading broker has a specific list of restricted countries where clients are not allowed to trade.

Prospective clients should verify their eligibility during the account registration process or by directly contacting IC Trading’s customer support for the most accurate and current information.

IC Trading Broker Trust Scores & Reviews

When evaluating a forex broker, trust scores and customer reviews are crucial for determining reliability and service quality. IC Trading, regulated by the FSC of Mauritius, has garnered significant attention within the trading community.

Trust scores reflect the broker’s adherence to regulatory standards, transparency, and overall client satisfaction. These scores are essential for potential clients to understand the broker’s credibility and operational integrity.

Customer reviews provide valuable firsthand insights into the IC Trading’s performance, covering aspects such as:

• customer support;
• trading conditions;
• and ease of transactions.

For instance, on Trustpilot, IC Trading has a score of 4.2, highlighting strong platforms, excellent customer service, and a variety of account options. These elements collectively help potential clients make informed decisions about whether IC Trading aligns with their needs and expectations.

Education on IC Trading Broker

IC Trading falls short in providing educational resources, which can be a disadvantage for traders, particularly beginners aiming to improve their knowledge and skills.

The broker lacks a comprehensive array of educational materials such as in-depth tutorials, webinars, and extensive market analysis that are typically offered by other brokers.

This shortfall can make it difficult for new traders to get up to speed and for seasoned traders to stay updated on advanced trading strategies and market trends.

Although IC Trading offers some basic educational content, it does not measure up to the robust educational platforms provided by industry leaders.

This deficiency means that traders may need to look for additional learning resources from external sources to supplement their trading education.

Conclusion and final words

In wrapping up our comprehensive review of IC Trading [Regulated by FSC], it's clear that this broker offers a compelling package for many traders, particularly those focused on competitive pricing and advanced capabilities like copy trading.

With its ultra-low spreads [starts from 0.0 pip], diverse tradable instruments from Indices to Stocks, and support for popular platforms [MT4/5, cTrader], IC Trading broker caters well to active and algorithmic traders.

However, it's important to consider the trade-offs. While the pricing and execution speed are top-notch, areas like customer support and educational resources may not meet the needs of all traders, especially beginners.

However, as with any financial decision, conducting thorough research and potentially testing the platform with a demo account before committing to real capital is crucial. Write with your thought on IC Trading Review in the comments below.