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IC Markets

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FINEX editorial rating

Key detail

Standard; Raw Spread (MetaTrader/cTrader). Raw Pro tiers marked early access.

Limitations

MetaTrader Raw Spread: USD 3.50 per standard lot per side; USD 7 round turn. Standard: no commission, advertised spread from 0.8 pips.

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Terms, offers & sources
FINEX EDITORIAL RATING · REVIEWEDPublished as FINEX’s editorial rating; it is not calculated from completed pillar scores or independent live testing.

Raw Trading Ltd, Seychelles; not Australian or EU accounts

Sources reviewed · 2026-10-17

Account types
Standard; Raw Spread (MetaTrader/cTrader). Raw Pro tiers marked early access.Scope: IC Markets Global / Raw Trading Ltd, SeychellesSource: icmarkets-global.com · checked 2026-10-17 ↗
Advertised minimum spread
Advertised from 0.8 pips Standard; 0.0 Raw.Scope: IC Markets Global / Raw Trading Ltd, SeychellesSource: icmarkets-global.com · checked 2026-10-17 ↗
Trading fees / commission
MetaTrader Raw Spread: USD 3.50 per standard lot per side; USD 7 round turn. Standard: no commission, advertised spread from 0.8 pips.Scope: Raw Trading Ltd, Seychelles; not Australian or EU accountsSource: icmarkets.sc · checked 2026-10-17 ↗
Platforms
MT4, MT5, cTrader and TradingView are listed; cTrader/TradingView pricing is USD 3 per USD 100,000 traded, not automatically USD 3 per FX lot.Scope: Raw Trading Ltd, Seychelles; not Australian or EU accountsSource: icmarkets.sc · checked 2026-10-17 ↗

Standard; Raw Spread (MetaTrader/cTrader). Raw Pro tiers marked early access.

MetaTrader Raw Spread: USD 3.50 per standard lot per side; USD 7 round turn. Standard: no commission, advertised spread from 0.8 pips.

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Rating method, scope & sources

Country rules can differ by entity, product and funding stage.

FINEX reviews provider publications and named research sources. Each entry shows its source, check date and applicable scope. This is document-based research; FINEX has not independently tested execution or withdrawals. Terms depend on entity, country and account.
Sources reviewed · · IC Markets

Raw Trading Ltd, Seychelles; not Australian or EU accounts

How the sources were checked

Official public sources; no independent register, trading or payment test.

Forex & prop trading terminology
Spread
The difference between the bid and ask prices. A quoted minimum is not an observed average.
Trading commission
A trading charge, separate from any referral commission paid to an IB.
Per side / round turn
Per side applies to an opening or closing transaction; round turn covers opening and closing. Always check the volume and currency basis.
Swap / overnight financing
A debit or credit for holding a position overnight, depending on the instrument and direction.
Balance / equity
Balance reflects booked transactions. Equity also reflects floating profit or loss; use the provider’s exact risk formula.
Drawdown
Static, trailing and end-of-day rules use different reference points. Maximum daily loss and maximum overall loss are distinct limits.
Prop firm / funded account
Here, prop firm refers to a trading evaluation or capital-allocation provider. A funded stage may be simulated or live; the profile states the program’s published setup.
Withdrawal / reward payout
A broker withdrawal returns money from a client account. A prop reward payout is paid under the program contract and profit-split conditions.

Provider examples and definitions: IC Markets Help Centre ↗ · FTMO: How it works ↗

FINEX QUALITY · V1.0

Quality scorecard

FINEX editorial rating, approved for publication by FINEX. It reflects FINEX’s published editorial judgment and is not calculated from completed four-pillar scores or independent live testing. The criterion notes and sources below show the considerations and limits.

Scope: IC Markets international offer; the contracting entity varies by residence · 2026-10-22

The displayed rating is FINEX’s editorial decision. The criterion notes below show the evidence and limitations considered; they do not calculate this score.

Provisional editorial review · 17 October 2026

4/4 · 100% of original rubric weight assessed

Scope: Raw Trading Ltd, Seychelles; not Australian or EU accounts

These scores evaluate the substance of published protections, charges and restrictions. They do not certify real withdrawal reliability, execution quality or independent regulatory checks. Missing material evidence remains unscored.

Weighted terms result: 6.4/10

Withdrawals / payouts

6.0/10 · 25%Provisional terms assessment

Same-day standard processing before the published cut-off; instant processing only for eligible requests. Local bank arrival 1–2 business days; international 2–14; cards usually 3–5 after processing. Bank, cards, Neteller/Skrill/online wallets, crypto and local payments are documented. Availability is account-dependent; third-party fees and ownership checks may apply. Normally no IC withdrawal fee; bank/provider charges and untraded-deposit processing fees can apply. Return to original funding method; no third-party payments.

Criteria, scoring anchors and evidence requirements →

Other perspectives and market data

These sources measure different things. Keep each original scale; none contributes to the FINEX quality score.

How to interpret these sources

Read recent positive and negative reviews, the business response and any warning on the original profile. Review counts are not unique customers or successful withdrawals. Market volume and third-party models do not establish permission to operate in your country, solvency or future payout reliability.

Review sources and evidence →

Entity & market access

Contracting entity
Raw Trading Ltd.Scope: IC Markets Global / Raw Trading Ltd, SeychellesSource: icmarkets-global.com · checked 2026-10-17 ↗
Regulatory disclosure
Raw Trading Ltd reports Seychelles FSA SD018.Scope: IC Markets Global / Raw Trading Ltd, SeychellesSource: icmarkets-global.com · checked 2026-10-17 ↗
Regional eligibility

Vietnam is not named in this non-exhaustive restriction notice. This is a source comparison, not confirmation of account acceptance. Other IC entities and local requirements need separate checks.

Scope: IC / IC Markets Global: Raw Trading Ltd; international websiteIC / IC Markets Global · checked 2026-10-20 ↗
Countries named in this policy

Restricted for the stated service: United States, Canada, Iran, North Korea

Country guide reference
Vietnam

ForexBrokers.com lists this broker as accepting Vietnam residents in its Vietnam guide.

Editorial country reference. Confirm the serving entity, account and identity requirements at registration; this is not evidence of a Vietnamese licence.Reference: ForexBrokers.com · checked 2026-10-20 ↗
Australia

ForexBrokers.com marks this broker as accepting residents of Australia in its country comparison table.

Country-guide reference for the broker brand. Check the serving entity and account at registration; the listing alone does not establish local regulatory permission or access to every product.Reference: ForexBrokers.com · checked 2026-10-20 ↗
United Kingdom

ForexBrokers.com marks this broker as accepting residents of United Kingdom in its country comparison table.

Country-guide reference for the broker brand. Check the serving entity and account at registration; the listing alone does not establish local regulatory permission or access to every product.Reference: ForexBrokers.com · checked 2026-10-20 ↗

Accounts & trading costs

Account types
Standard; Raw Spread (MetaTrader/cTrader). Raw Pro tiers marked early access.Scope: IC Markets Global / Raw Trading Ltd, SeychellesSource: icmarkets-global.com · checked 2026-10-17 ↗
Advertised minimum spread
Advertised from 0.8 pips Standard; 0.0 Raw.Scope: IC Markets Global / Raw Trading Ltd, SeychellesSource: icmarkets-global.com · checked 2026-10-17 ↗
Trading fees / commission
MetaTrader Raw Spread: USD 3.50 per standard lot per side; USD 7 round turn. Standard: no commission, advertised spread from 0.8 pips.Scope: Raw Trading Ltd, Seychelles; not Australian or EU accountsSource: icmarkets.sc · checked 2026-10-17 ↗

Trading platforms

Platforms
MT4, MT5, cTrader and TradingView are listed; cTrader/TradingView pricing is USD 3 per USD 100,000 traded, not automatically USD 3 per FX lot.Scope: Raw Trading Ltd, Seychelles; not Australian or EU accountsSource: icmarkets.sc · checked 2026-10-17 ↗

Funding & withdrawals

Minimum funding
Current comparison lists $0 for Standard/Raw; payment limits may differ.Scope: IC Markets Global / Raw Trading Ltd, SeychellesSource: icmarkets-global.com · checked 2026-10-17 ↗
Payment methods
Normally no IC withdrawal fee; bank/provider charges and untraded-deposit processing fees can apply. Return to original funding method; no third-party payments.Scope: IC Markets Global / Raw Trading Ltd, SeychellesSource: icmarkets-global.com · checked 2026-10-17 ↗
Withdrawal methods
Bank, cards, Neteller/Skrill/online wallets, crypto and local payments are documented. Availability is account-dependent; third-party fees and ownership checks may apply.Scope: Raw Trading Ltd, Seychelles; not Australian or EU accountsSource: icmarkets.sc · checked 2026-10-17 ↗
Withdrawal conditions
Same-day standard processing before the published cut-off; instant processing only for eligible requests. Local bank arrival 1–2 business days; international 2–14; cards usually 3–5 after processing.Scope: Raw Trading Ltd, Seychelles; not Australian or EU accountsSource: icmarkets.sc · checked 2026-10-17 ↗
Not yet verified · 1

Account details

What remains unresolved

  • No live execution or withdrawal test; individual payment availability and current swaps require account-specific confirmation.
Sources and references

Sources reviewed · 2026-10-17

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