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IC.com in Sri Lanka: Is it Available and Legit?

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IC.com isn't available in US
IC.com REVIEW

As of July 2026, IC.com is available to traders and investors in Sri Lanka. This accessibility confirms the broker's authorization to operate within Sri Lanka and its compliance with the necessary regulatory requirements.

Essential details of IC.com services in Sri Lanka

Chief Analytics Officer

IC.com is accessible to traders and investors in Sri Lanka. Key highlights include:

  • Sri Lanka residents can open an account with IC.com
  • IC.com has earned an overall rating of 8.06/10 points according to our methodology.
  • IC.com received 9.9/10 points for regulation and safety.
  • For more detailed information, see our comprehensive IC.com review.

Is IC.com a regulated broker? Is it safe?

IC.com is a regulated Forex broker operating under the supervision of the following regulatory authorities:

IC.com regulation review
ASIC ASIC ASIC regulates financial services, markets, and securities, enforcing laws to protect Australian consumers, investors, and creditors. It is stringent in its operations, with a focus on transparency and fairness in financial products and services.
Full Name Australian Securities and Investments Commission Country Australia Protection Fund No specific fund but has stringent consumer protection Regulation level Tier-1
CySec CySec CySec regulates investment firms, brokers, and their transactions in securities and derivatives on the Cyprus Stock Exchange. It imposes strict operational conditions, regular audits, and financial compliance.
Full Name Cyprus Securities and Exchange Commission Country Cyprus Protection Fund Up to €20,000 Regulation level Tier-1
FSA (Seychelles) FSA (Seychelles) FSA Seychelles regulates the non-bank financial services in Seychelles, aiming to promote their efficiency and transparency.
Full Name Financial Services Authority of Seychelles Country Seychelles Protection Fund No specific fund Regulation level Tier-3
The Financial Commission The Financial Commission The Financial Commission offers traders a straightforward and efficient way to resolve disputes with their brokers, providing protection and peace of mind. It ensures that traders have access to a neutral body that can help address their concerns quickly and fairly. Additionally, the Financial Commission has a compensation fund of up to €20,000 per client, which traders can access if a member broker fails to comply with a judgment.
Full Name The Financial Commission Country International Protection Fund Up to €20,000 Regulation level Tier-3

Is IC.com safe to use in Sri Lanka?

A broker’s security is largely defined by its regulatory status. IC.com is supervised by a Tier-1 authority, which is considered the highest level of oversight in the financial industry. Such brokers must comply with strict requirements on capital, transparency, and client fund protection. In addition, the presence of an Investor Compensation Fund and a proven track record in financial markets further strengthen trust. According to our methodology, IC.com received a Regulation and safety score of 9.9/10, placing it among the most secure brokers.

Is Forex trading allowed in Sri Lanka? Is Forex taxable in Sri Lanka?

  • Licensing in Sri Lanka

    Brokerage activity in Sri Lanka is controlled by the Securities and Exchange Commission (SEC). To obtain a license, a company must:

    • possess sufficient capital to cover its liabilities and risks
    • have reliable systems and procedures for risk management and client confidentiality protection
    • meet minimum requirements for education and experience of the senior management and employ

    • ees

    Investor protection in Sri

    Lanka Investors in Sri Lanka are protected by the SEC and the Central Bank of Sri Lanka (CBSL). However, it is important to note that there is no compensation fund in

  • Sri Lanka. Taxatio

    n in Sri Lanka In Sri Lanka, traders pay a 15% income tax.

IC.com vs other regulated brokers in Sri Lanka

To provide a clear understanding of available options for traders in Sri Lanka, Traders Union compared IC.com trading conditions with those of other regulated brokers accepting clients in the region.

Regulation FSA (Seychelles) FSC, FSCA, ASIC, FSA SVG CySEC, FSC (Belize), DFSA, FSCA, FSA (Seychelles), FSC (Mauritius), SCA (United Arab Emirates), CMA (Kenya)
Minimum deposit $200 $50 $5
Currency pairs 61 34 57
Floating spread EUR/USD, min pips 0.8 0.6 0.7
Floating spread EUR/USD, max pips 1.0 0.8 1.2
Go to broker Go to broker
Your capital is at risk.
Go to broker
Your capital is at risk.
Go to broker
Your capital is at risk.

Why trust us


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Learn more about our methodology and editorial policies.

Expert Advice

Anton Kharitonov
Chief Analytics Officer
  • Based on my observations, understanding the restrictions imposed by different regulatory bodies is crucial for international traders. For instance, US-based traders face strict leverage limits imposed by the CFTC, which may not align with the strategies of traders in Europe or Asia, where higher leverage is permitted under regulators like CySEC or ASIC. Before selecting a broker, carefully consider how these regulatory differences could impact your trading style.

Editors' Top Picks and Insights

Team that worked on the article

Andrey Mastykin
Head of Company Reviews and Ratings

Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform.

Dan Blystone
Senior English Editor

Dan Blystone began his trading career in 1998 as an arbitrage clerk on the floor of the Chicago Mercantile Exchange (CME). He later traded bond and Eurex futures at proprietary firms such as Altea Trading, gaining valuable experience in high-frequency trading and risk management.

Chinmay Soni
Head of Fact-Checking Department

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.