About IC Markets
IC Markets focuses on low-cost, fast-execution trading by offering a deep-liquidity setup and pricing built for active forex and CFD traders. It supports multiple trading styles through account options such as spread-only and raw-spread plus commission models, and it’s commonly chosen by scalpers and algorithmic traders who want tight pricing on MT4, MT5, or cTrader.
Regulation & Safety
IC Markets operates under several reputable international regulators:
Account Types
Standard (MetaTrader)
simple spread-only pricing, no commission.
- Spreads from: 0.8 pips
- Commission: $0 (per lot per side)
Raw Spread (MetaTrader)
raw pricing + commission, built for tight costs.
- Spreads from: 0.0 pips
- Commission: $3.5 (per lot per side) / $7 round-turn
Raw Spread (cTrader)
raw pricing on cTrader + TradingView integration.
- Spreads from: 0.0 pips
- Commission: $3 (per USD 100k, per side)
Spreads & Trading Fees
IC Markets provides competitive spreads, especially on Ultra-Low accounts:
Major Pairs
- EUR/USD0.01
- AUD/USD0.02
- GBP/USD0.04
- USD/CAD0.04
- USD/CHF0.09
- USD/JPY0.03
Commodities
- Gold (GC25)0.23
- Brent Crude (BRENT)0.028
- WTI Crude (WTI)0.027
- Natural Gas (XNGUSD)0.004
Trading Platforms
MetaTrader 4 (MT4)
- Huge ecosystem of indicators, scripts, and Expert Advisors (EAs)
- Lightweight desktop platform that runs well on most PCs
- Mobile apps make it easy to monitor and manage trades anywhere
- Stable workflow for automation + VPS setups
MetaTrader 5 (MT5)
- More timeframes and order types than MT4
- Improved strategy tester for backtesting and optimisation
- Strong built-in analysis tools and chart objects
- Better fit for multi-asset trading in one platform
cTrader
- Clean, execution-focused interface built for active traders
- Advanced order controls (fast entry/exit, depth-of-market style tools)
- cTrader Automate supports algorithmic trading (cBots)
- Great for scalping-style workflows that need precision
TradingView
- Powerful charting with a large library of community indicators
- Alerts and watchlists support analysis-driven trading
- Familiar UI for traders who chart first, execute second
- Lets you connect charting and execution in a single workflow
Deposits & Withdrawals
IC Markets provides fast and convenient funding methods for Malaysian traders:
Deposit Methods
- Bank transfer (wire)
- Credit/Debit cards
- E-wallets
- Local/online bank transfer methods
Withdrawal Methods
- Bank transfer (wire)
- Credit/Debit cards
- E-wallets
Pros & Cons
Pros
- ECN-style pricing with raw spreads available
- Supports MT4, MT5, cTrader, and TradingView
- Competitive commissions on Raw accounts
- Good fit for scalping and active trading
Cons
- Raw accounts add commission on top of spreads
- Trading conditions vary by entity and region
- Product availability can differ for Malaysian clients
Final Verdict
IC Markets is a strong choice for Malaysian traders who prioritise tight pricing and fast execution—especially on Raw Spread accounts—while it’s still worth checking the exact entity, fees, and available products shown in your client portal before trading.