For traders who demand institutional-grade execution quality, raw spreads, and a genuine ECN environment, ICMarkets has established itself as the gold standard since 2007. Whether you are a scalper, an algorithmic trader, or a swing trader, ICMarkets delivers a trading environment that puts you on a level playing field with the big players.

What is a True ECN Broker?

Unlike many brokers that claim to offer ECN trading, ICMarkets provides a genuine Electronic Communications Network (ECN) environment. This means your orders are routed directly to interbank liquidity providers – banks, hedge funds, and other financial institutions – with no dealing desk interference. The result: real market prices, zero requotes, and execution that truly reflects the depth of the market.

Key Advantages of ICMarkets

1. Institutional-Grade Spreads

ICMarkets is famous for its ultra-low spreads from 0.0 pips on major currency pairs. Average EUR/USD spread on the Raw Spread account hovers around 0.1-0.2 pips during liquid market hours – among the tightest you will find anywhere in retail forex trading.

2. Three World-Class Platforms

ICMarkets gives you the choice of three industry-leading platforms:

  • MetaTrader 4 (MT4) – The worlds most popular forex trading platform
  • MetaTrader 5 (MT5) – Enhanced charting, more timeframes, and superior backtesting
  • cTrader – ICMarkets proprietary platform with Level II pricing, one-click trading, and an intuitive interface designed specifically for ECN trading

3. Superior Execution Speed

With execution speeds averaging under 40ms, ICMarkets is built for speed-critical trading strategies. Whether you are trading the news or running an expert advisor (EA), ICMarkets ensures your orders are filled at the best available price without delay.

4. Deep Liquidity Pools

ICMarkets aggregates liquidity from over 25 top-tier banks and financial institutions, giving retail traders access to institutional-quality pricing. This depth of liquidity means better fills, especially during high-volatility events like NFP releases or central bank announcements.

5. ASIC and SCB Regulation

ICMarkets is regulated by the Australian Securities and Investments Commission (ASIC) – one of the worlds most respected financial regulators – and the Securities Commission of The Bahamas (SCB). Client funds are held in segregated accounts at AA-rated banks.

6. Ideal for Expert Advisors (EAs) and Algorithmic Trading

With no restrictions on trading styles, no minimum distance for stop losses, and VPS support, ICMarkets is the preferred broker for algorithmic and quantitative traders worldwide. The broker is famously EA-friendly, making it a top choice in the automated trading community.

Account Types

  • Standard Account: No commission, spreads from 0.4 pips – ideal for beginners
  • Raw Spread Account: Commission of $3.00 per side ($6.00 round turn), spreads from 0.0 pips – preferred by serious traders

Earn Rebates When You Trade with ICMarkets

Open your ICMarkets account through our affiliate link and receive up to 90% of our commission back:

  • Standard Account: $3.6 per lot rebate
  • ECN/Raw Spread Account: $1.8 per lot rebate

Minimum rebate withdrawal: $10 | Payment method: Skrill, monthly

Open Your ICMarkets Account Now with Exclusive Rebates >>