IC Markets scores 90/100 in our review (grade A, excellent), a Sydney, Australia-based broker regulated by ASIC (Australia), CySEC (Cyprus), FSA (Seychelles). It offers MetaTrader 5, so you can run Market Structure Pro on it.
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Start free trial Visit IC Markets ↗| Headquarters | Sydney, Australia |
| Founded | 2007 |
| Regulation | ASIC (Australia), CySEC (Cyprus), FSA (Seychelles), SCB (Bahamas), CMA (Kenya) |
| Platforms | MT4, MT5, cTrader, TradingView |
| MetaTrader 5 | Yes, MSP works here |
| Own platform | No |
| Account types | Standard, Raw Spread, cTrader Raw Spread |
| Min deposit | $200 |
| Typical EURUSD spread | 0.8 pips |
| Typical Gold spread | 0.15 |
| Commission | Standard account commission-free (cost in wider spread). Raw Spread ~$7 round turn ($3.5/side) on MT4/MT5, ~$6 round turn ($3/side) on cTrader. Typical/approximate. |
| Execution | ECN/STP |
| Funding methods | Card, Bank transfer, PayPal, Skrill, Neteller |
| Demo account | Yes |
| Support | 24/7 |
IC Markets is a Sydney-based forex and CFD broker founded in 2007 that has grown into one of the largest retail brokers by trading volume. It suits active, cost-sensitive and algorithmic traders: True ECN Raw Spread accounts offer spreads from 0.0 pips with low commissions (about $6-7 round turn per lot), and it supports MT4, MT5, cTrader and TradingView, making it a leading choice for automated and copy trading. MT5 is confirmed available today.
On regulation, IC Markets operates several entities including Tier-1 ASIC (Australia) and CySEC (Cyprus), plus offshore licenses via Seychelles FSA, Bahamas SCB and Kenya's CMA. EU clients get up to EUR 20,000 investor-compensation coverage. As with most global brokers, the onboarding entity determines leverage and protection, and the offshore entities carry weaker safeguards.
Costs are a core strength: minimum deposit $200, Standard EUR/USD spreads typically ~0.8 pips (commission-free), Raw accounts charging commission on near-zero spreads. It covers roughly 3,500 instruments and offers a demo, 24/7 support and an active partner program. Main drawbacks are the lack of a proprietary platform, limited share trading, thin research, and jurisdictional restrictions (no US clients, no crypto CFDs for UK retail).
A separate reputation score out of 100, based on genuine user reviews across the web and kept independent of the feature score above. Our read: reviews are mixed.
IC Markets carries an unusually high Trustpilot score (~4.8/5 across 46,000+ reviews), so far above other platforms that heavy review solicitation is plausible; Forex Peace Army is far more tempered at ~3.55/5 (2,164 reviews) and Sitejabber is very negative (1.6/5) on tiny volume skewed to withdrawal complaints. WikiFX 9.1/10. Long-established and ASIC/CySEC regulated, but the gap between the glowing Trustpilot page and complaint-driven platforms, plus a CySEC fine, warrants a mixed read.
Can I use Market Structure Pro with IC Markets? Yes. IC Markets offers MetaTrader 5, and MSP is an MT5 indicator, so it runs on any of their MT5 accounts. See the install guide.
Sources: www.icmarkets.com · www.forexbrokers.com · www.icmarkets.com · www.icmarketspartners.com. Figures are typical and change, so confirm on the broker's site.
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