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IC Markets review

IC MARKETS (EU) LTD

FCA register: CancelledFRN 827935on the register since 11 Dec 20231 clone firm on the register

5.9/10Data score from 3 categories

IC Markets (EU) Ltd appears first in this IC Markets review of the UK, with FCA registration FRN 827935. The registration was cancelled on 11/12/2023 and has remained so since. More than 2,850 instruments appear on the broker's product list.

Regulatory status
Cancelled, FRN 827935
Loss-making retail accounts
Not published
FX (not instrument-specific): from spread
0 pips

Where IC Markets stands on the FCA register

Since 11 Dec 2023, the FCA register has marked IC MARKETS (EU) LTD as "Cancelled" under FRN 827935.

FirmIC MARKETS (EU) LTD
FRN827935
StatusCancelled
Authorised since11 Dec 2023
Address on the registerOmonoias, 141, The Maritime Centre, Block B, 1st floor, The Maritime Centre, Limassol, 3045, CYPRUS

Clone firms on the register

The FCA register includes 1 clone firm that uses this firm's name or details., and none of them is IC MARKETS (EU) LTD.

  • Added 07 Jan 2022: ICMarkets (Clone of authorised firm).on the register from 07 Jan 2022

Check that you are on the genuine website

The register provides IC MARKETS (EU) LTD's website address. . Instead of selecting a link in an advert, email or message, enter the address yourself. Then verify FRN 827935 through the register entry.

Our reading date was 2 Nov 2026, using the FCA Financial Services Register

What IC Markets charges in spreads and commission

On the Raw Spread account, foreign exchange spreads begin at 0.0 pips. A pip measures the smallest price movement, while the spread is the difference between buying and selling prices.

MarketAccountAs statedSpread
FX (not instrument-specific)Raw SpreadFrom0 pips

Source: ic.com/en, read 2 Nov 2026

Products, markets and leverage

Markets+2,850 instruments

Source: ic.com/en, read 2 Nov 2026

IC Markets trading platforms

MetaTrader 4Yes
MetaTrader 5Yes
cTraderYes
TradingViewYes
Demo accountYes

Source: ic.com/en, read 2 Nov 2026

Your protection if the firm runs into trouble

Our reading date was 2 Nov 2026, using fscs.org.uk/what-we-cover/investments

Accounts without swaps, customer support and the mobile app

iPhone app ratingThe UK App Store, 2 Nov 2026, shows an average score of 3.12 out of 5 across 40 ratings

Read 2 Nov 2026. Source: itunes.apple.com/lookup.

The official IC Markets website

IC Markets · Is IC Markets regulated here in the UK?

Other options besides IC Markets: other FCA authorised CFD brokers

Each firm sits in A to Z order, with none ranked above another.

Common questions answered

What is the IC Markets minimum deposit in the UK?

In the UK, the firm has no FCA permission to hold client money. Our list of active FCA regulated forex brokers provides local cover because funding a regulated UK account here isn't possible. The broker's forex demo account lets you practise without risking cash.

How does IC Markets leverage work for UK traders?

The FCA lists no active borrowing limits for this firm. Borrowing power lets a smaller deposit control a larger position, which increases both your gains and losses. With a 10 to 1 ratio, for example, a £100 deposit gives you control of a £1,000 trade. Check the deposit needed for a trade with our margin calculator.

Can you open an IC Markets Islamic account in the UK?

The FCA register lists no UK account without overnight interest for this firm. The register entry also lists no approved website and includes a warning about 1 clone firm. A clone firm is a scammer that copies a real firm's details. More details are available in our IC Markets UK regulation guide.

What trading platforms are available with IC Markets?

You have 4 platform choices: cTrader, TradingView, MetaTrader 5 and MetaTrader 4. With each platform, you can view price charts and place trades on your screen. If you're unsure about the differences, our cTrader vs MT5 page compares their main tools.

Is there an IC Markets mobile app?

Yes, the IC Markets app appears on the Apple App Store with track ID 1552875348. Its average rating is 3.12, based on 40 ratings.