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IC Trading Review 2026

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Top Brokers Overview — United States
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7.5 /10
Reliable
How we tested IC Trading

Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

IC Trading Pros & Cons

  • A wide range of assets for trading: CFDs on Forex, indices, commodities, stocks, bonds, futures, and cryptocurrencies;
  • Reliable trading platforms such as WebTrader, MetaTrader, and ZuluTrade, are available for both desktop and mobile devices;
  • Fast order execution and low spreads, starting from 0 pips on some accounts;
  • Multiple timeframes for price action and pattern analysis;
  • Adjustable settings for technical indicators.
  • Possible commissions for depositing and withdrawing funds, depending on the chosen transaction method;
  • The minimum deposit required to open an account may be higher than average;
  • No option for opening PAMM-type accounts for investment.

IC Trading is a brokerage firm specializing in providing trading services in the Forex and CFD markets. IC Trading is authorized and regulated by the Financial Services Commission of Mauritius (FSC) with license number GB21026834.
IC Trading holds client funds in separate trust accounts at Westpac and National Australia Bank (NAB). All client funds are managed following client money handling rules and kept separate from IC Trading company funds.

TU Expert Verdict

Anton Kharitonov
Anton Kharitonov
Chief Analytics Officer

IC Trading is a reliable and well-established choice. I’ve reviewed its features, tested its services, and found that traders generally report positive results. It offers stable performance, dependable execution, and overall solid quality for everyday trading.

IC Trading provides access to trading CFDs across over 2,250 instruments, including 75 currency pairs, stocks, stock indices, commodities, bonds, and cryptocurrencies, with popular platforms such as MetaTrader and ZuluTrade available for both desktop and mobile. Spreads on Standard accounts start from 0.8 pips with no commission, while Raw Spread accounts offer tighter spreads from 0.1 pips and a $3.50 commission per lot, and the minimum deposit is $200 for all account types. Traders can choose among Standard, Raw Spread, Islamic, and demo accounts, benefit from maximum leverage of 1:500, and use a selection of base currencies. Onboarding is fully online and completed quickly, and there is no inactivity, deposit, or withdrawal fee charged by the broker.

Drawbacks include Tier-3 regulation under the Financial Services Commission of Mauritius, a relatively short operating history, lack of ETF and PAMM account options, no cent or VIP accounts, occasional commission charges for specific payment methods, and support offered only in English. IC Trading may not be suitable for those prioritizing top-tier regulatory protection, specialized account types for small-scale beginners, or a wider range of investment instruments. Its offering is best matched to experienced traders comfortable with higher risk and seeking extensive market coverage with competitive spreads.

Top-5 Brokers Traders Prefer

Plus500
Logo Plus500
Plus500
7.7 /10
Regulation Tier-1
EUR/USD 0.5 pips
Trading.com USA
Logo Trading.com USA
Trading.com USA
6.9 /10
Regulation Tier-1
EUR/USD 0.9 pips
OANDA
Logo OANDA
OANDA
6.6 /10
Regulation Tier-1
EUR/USD 0.1 pips
FOREX.com
Logo FOREX.com
FOREX.com
6.5 /10
Regulation Tier-1
EUR/USD 0.7 pips
IG Markets
Logo IG Markets
IG Markets
6.4 /10
Regulation Tier-1
EUR/USD 0.6 pips

IC Trading User Reviews

Score:
The administration of the website shall not be liable for the accuracy of the reviews and does not have the technical ability to check the reviews for accuracy, as well as establish whether the authors of the reviews are indeed the customers of a specific company. To learn more about how the User Satisfaction score is calculated and how we apply the Customer Satisfaction Score (CSAT) methodology, please read the assessment criteria.
6.7 /10
3 total
  • 5-star
    0%
  • 4-star
    33%
  • 3-star
    67%
  • 2-star
    0%
  • 1-star
    0%
ormon1993
2 years ago

My experience in Forex trading is relatively small. On the advice of an acquaintance, I paid attention to the broker IC Trading.

At first, I was not interested because of the $200 minimum deposit. Comparing it with other brokers offering minimum amounts in cents, $200 seemed like too much of an investment to me.

However, I decided to try a demo account, talked to company representatives, and my acquaintance pushed me towards a more detailed study of IC Trading, claiming it to be a worthy company.

As a result, I have been trading with IC Trading for six months now. I even invested more than the minimum deposit and am currently making a small profit.

swanaung
2 years ago

Choosing a reliable broker for trading is no easy task. I spent a long time studying the market, reading reviews, and comparing offers from various companies. In the end, my choice fell on IC Trading, and I have not regretted it once.

For two years now, I have been successfully trading with this company. During this time, I have not only been able to increase my deposit but also gained valuable experience. IC Trading provides its clients with all the necessary tools for successful trading, such as a wide range of trading instruments, convenient platforms, and most importantly, tight spreads even on a standard account.

billtideswell
2 years ago

The MT4 trading platform from IC Trading has proven itself to be a reliable tool for trading. During my time working with it, I rarely encountered freezes or failures. IC Trading makes trading accessible to everyone by offering a minimum deposit of $200. This allows novice traders to try their hand in the Forex market without the risk of significant losses.
Currently, I continue to work with IC Trading, but to make a final decision on whether to stay with this broker permanently, I need more information about its operation, especially about the speed and hassle-free withdrawal of funds.

  • Commissions and Fees

    Score:
    We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria
    8 /10

    The trading and non-trading commissions of IC Trading have been analyzed and rated as having Low fees, with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.

    • Low Forex trading fees
    • Tight EUR/USD market spread
    • No inactivity fee
    • No deposit fee
    • No withdrawal fee
    • Complex fee structure

    Trading Fees and Spread

    Below, we evaluated and compared the trading commissions of IC Trading with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

    Standard Account Spread

    For Standard accounts, IC Trading’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

    IC Trading Standard spreads
    IC Trading OANDA FOREX.com
    EUR/USD min, pips 0.2 0.1 0.7
    EUR/USD max, pips 0.8 0.5 1.2
    GPB/USD min, pips 0.7 0.1 0.9
    GPB/USD max, pips 1.5 0.5 1.4

    RAW/ECN Account Commission And Spread

    The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

    IC Trading RAW/ECN spreads
    IC Trading OANDA FOREX.com
    Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency). 4.0 3.5 5
    EUR/USD avg spread 0.1 0.15 0.2
    GBP/USD avg spread 0.2 0.2 0.4

    Non-Trading Fees

    We conducted a detailed analysis of the non-trading fees associated with IC Trading. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

    IC Trading Non-Trading Fees
    IC Trading OANDA FOREX.com
    Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0
    Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0
    Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0 0-15 0
    Inactivity fee ($, per month) 0 0 15

  • Is IC Trading Safe?

    Score:
    We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria
    3.7 /10

    IC Trading has a safety score of 3.7/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

    • Is regulated
    • Negative balance protection
    • Not tier-1 regulated
    • Track record of less than 8 years
    IC Trading Regulators and Investor Protection
    FSC (Mauritius)FSC (Mauritius) Full Name Financial Services Commission of Mauritius Country of regulation Mauritius Investor Protection Fund No specific fund Regulation Level Tier-3
    IC Trading Security Factors
    Foundation date -
    Negative balance protection
    Yes
    Verification (KYC)
    Yes

  • Account Types

    Score:
    We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.
    5.4 /10

    IC Trading offers the following account options: Demo, Standard, ECN/Raw spread, Swap Free.

    However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.

    • Swap Free (Islamic) account
    • Demo account
    • Standard account with balanced trading conditions
    • Micro lots are not available
    • No VIP account option
    IC Trading account types vs top competitors
    IC Trading Plus500 Trading.com
    Standard
    Yes
    Yes
    Yes
    ECN/Raw spread
    Yes
    No
    No
    Demo
    Yes
    Yes
    Yes
    Cent
    No
    No
    No
    Micro
    No
    No
    No
    Swap Free
    Yes
    No
    No
    VIP
    No
    No
    No
    Managed
    No
    No
    No

    IC Trading accounts trading conditions

    IC Trading offers 3 account types, including Islamic, for MetaTrader platforms, adapted to different trading strategies and styles. The maximum leverage for retail clients is 1:500. The minimum deposit amount for all account types is $200.

    Account Types:

    Account Type Description
    Standard Account with fixed spreads starting from 0.8 pips with no commission per lot. Suitable for beginner traders preferring simplicity and predictability;
    Raw Spreads Account with floating spreads starting from 0.1 pips. The commission per lot is $3.5. The choice of experienced traders valuing low spreads and high liquidity.

    Demo accounts are available for all platforms. IC Trading is a reliable broker that provides its clients with all the necessary tools for successful CFD trading.

  • Deposit and Withdrawal

    Score:
    This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology
    7.5 /10

    IC Trading received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

    IC Trading provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

    • Bank card deposits and withdrawals
    • Minimum deposit below industry average
    • Supports 5+ base account currencies
    • PayPal supported
    • USDT payments not accepted
    • BTC not available as a base account currency
    • Wise not supported

    What are IC Trading deposit and withdrawal options?

    IC Trading provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, PayPal, Neteller.

    IC Trading Deposit and Withdrawal Methods vs Competitors
    IC Trading Plus500 Trading.com
    Bank Wire
    Yes
    Yes
    Yes
    Bank card
    Yes
    Yes
    Yes
    PayPal
    Yes
    Yes
    No
    Wise
    No
    No
    No
    BTC
    No
    No
    No

    What are IC Trading base account currencies?

    A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. IC Trading supports the following base account currencies: USD, EUR, GBP, JPY, AUD, CAD, CHF, NZD, SGD, HKD.

    What are IC Trading's minimum deposit and withdrawal amounts?

    The minimum deposit on IC Trading is $200, while the minimum withdrawal amount is $50. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact IC Trading’s support team.

  • Markets and Tradable Assets

    Score:
    The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria
    9.3 /10

    IC Trading offers a wider selection of trading assets than the market average, with over 2250 tradable assets available, including 75 currency pairs.

    • Crypto trading
    • Copy trading platform
    • Indices trading
    • No ETFs
    • Futures not available

    Supported markets vs top competitors

    We have compared the range of assets and markets supported by IC Trading with its competitors, making it easier for you to find the perfect fit.

    IC Trading Plus500 Trading.com
    Currency pairs 75 60 69
    Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 2250 2800 69
    Stocks
    Yes
    Yes
    No
    Commodity futures
    Yes
    Yes
    No
    Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.
    Yes
    Yes
    No
    Stock indices
    Yes
    Yes
    No
    Options
    No
    Yes
    No

    Investment options

    We also explored the trading assets and products IC Trading offers for beginner traders and investors who prefer not to engage in active trading.

    IC Trading Plus500 Trading.com
    Bonds
    Yes
    No
    No
    ETFs
    No
    Yes
    No
    Copy trading
    Yes
    No
    No
    PAMM investing
    No
    No
    No
    Managed accounts
    No
    No
    No

  • Trading Account Opening

    Score:
    We evaluated Trading Account Opening at IC Trading by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.
    10 /10

    We successfully registered an account with IC Trading in 7 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at IC Trading is $200. This is one of the most accessible and hassle-free onboarding procedures on the market.

    • Quick KYC verification (1 business day or less)
    • Fast registration time (up to 15 minutes)
    • Low minimum deposit requirement
    • Account setup process may feel less convenient for beginners
    IC Trading account opening
    IC Trading Plus500 Trading.com
    Online Registration
    Yes
    Yes
    Yes
    Minimum deposit $200 $100 $50
    Mandatory KYC
    Yes
    Yes
    Yes
    Registration time (min) 7 20
    KYC time (days) 1 3 2

    Is IC Trading available in my country?

    If you are a citizen of United States, the broker accepts clients from your country.

    Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

    Account opening details

    To start working with IC Trading, create a user account and open a trading account. The brief instructions are as follows:

    • On the main page of the website, go to the registration form by clicking the "Start Trading" button and enter the requested data. Before the registration process is considered complete, the trader must upload copies of certain documents. The platform will require photo identification with personal details (name, date of birth, address).

    • The broker may ask additional questions to ensure the security and protection of the platform from dishonest users. The broker may inquire about the user's trading experience, investment goals, or sources of funding.

    • Select an account type: Standard (suitable for beginners) or Raw Spread (narrow spreads, plus $3.50 fee). Then make the minimum deposit of $200 for any account.

    • Functions of the IC Trading user account:

      • Open a new trading account..
      • Account verification, depositing funds, withdrawing funds, changing leverage..

    Also available in the trader's user account:

    • Economic calendar: Important news and events affecting the markets;
    • Trade strategy planning: Analytical materials, market news, technical analysis, and educational articles;
    • Adjustment of trading conditions: Leverage, stop loss and take profit, margin call levels;
    • Market quotes: Forex, stocks, indices, bonds, and real-time prices.

  • Customer Support

    Score:
    We evaluated Customer Support at IC Trading by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria
    6.3 /10

    Customer support at IC Trading is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.

    During testing, response times were moderate, and communication depended on the complexity of the request. IC Trading provides basic support functionality but does not stand out in overall service performance.

    Information

    Support operators are on call 24 hours a day, 7 days a week.

    • In the online chat, you can ask a question without being a client of the company
    • Support via email is available
    • Support is available only in English
    • To ask a question, you need to provide your details

    The broker provides the following communication channels:

    • phone (specified in the Contact Us section);
    • email;
    • online chat on the website and in the user account;
    • feedback form.

    Even an unregistered user can get an answer to their question.

    Contacts
    Registration address Suite 803, 8th Floor, Hennessy Tower, Pope Hennessy Street, 11328, Port Louis, Mauritius
    Regulation FSC Licence number:
    GB21026834
    Official site https://ictrading.com/
    Contacts UPPORT@ICTRADING.COM +23 080 2049 0079

Best IC Trading Alternatives

Plus500
Logo Plus500
Plus500
7.7 /10
Regulation Tier-1
EUR/USD 0.5 pips
Trading.com USA
Logo Trading.com USA
Trading.com USA
6.9 /10
Regulation Tier-1
EUR/USD 0.9 pips
OANDA
Logo OANDA
OANDA
6.6 /10
Regulation Tier-1
EUR/USD 0.1 pips
FOREX.com
Logo FOREX.com
FOREX.com
6.5 /10
Regulation Tier-1
EUR/USD 0.7 pips
IG Markets
Logo IG Markets
IG Markets
6.4 /10
Regulation Tier-1
EUR/USD 0.6 pips

FAQs

How competitive are IC Trading’s forex commissions and non-trading fees?

IC Trading is rated as having low overall fees, with a commissions and fees score of 8/10. Standard account EUR/USD spreads typically range from 0.2 to 0.8 pips and GBP/USD from 0.7 to 1.5 pips, while RAW/ECN accounts have average EUR/USD and GBP/USD spreads of 0.1 and 0.2 pips respectively plus a $4.0 commission per lot. Non-trading fees are limited, as the broker does not charge deposit, withdrawal, or inactivity fees according to the section.

What types of trading accounts does IC Trading provide and what are their key conditions?

IC Trading offers Standard, Raw Spreads (ECN/Raw), Demo, and Swap Free (Islamic) accounts, but does not provide Cent, Micro, VIP, or managed accounts. The Standard account has fixed spreads from 0.8 pips with no commission, while the Raw Spreads account has floating spreads from 0.1 pips with a $3.5 commission per lot. The maximum leverage for retail clients is 1:500 and the minimum deposit for all account types is $200, as stated in the section.

What do user reviews and feedback say about IC Trading’s overall client experience?

IC Trading has a user satisfaction score of 6.7/10 based on 3 reviews, with 33% 4-star and 67% 3-star ratings and no 1- or 2-star ratings. According to user reviews, the overall impression is mixed rather than strongly positive or negative, and the section does not provide detailed qualitative comments.

What deposit and withdrawal options and limits are mentioned in reviews of IC Trading’s payments?

IC Trading supports deposits and withdrawals via bank cards, bank wire, PayPal, and Neteller, but does not support Wise, BTC as a base currency, or USDT payments. The minimum deposit is $200 and the minimum withdrawal is $50, and the broker does not charge withdrawal fees according to the section. The payment process is described as providing a reasonable range of options with medium overall efficiency and convenience.

How is IC Trading’s customer support described in user feedback and testing?

Customer support at IC Trading is available 24/7 via phone, email, online chat, and a feedback form, and even unregistered users can ask questions. Based on user feedback and testing described in the section, response times are moderate and service quality can vary, with some requests handled efficiently and others requiring follow-ups. Support is provided only in English, and users need to provide their details when submitting queries.

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