Review · Leverage
IC Markets leverage: limits by company and country
IC Markets caps retail leverage at 1:30 through its Australian (ASIC) and EU (CySEC) companies and offers up to 1:5000 through Raw Trading Ltd (IC / IC Markets Global), regulated offshore in the Seychelles. Which limit you get depends on where you live (checked 19 Oct 2026).
- 19 Oct 2026latest data check
Low Spread Brokers does not give personal investment advice.
At a glance
IC Markets
8.1/10
Entities 4
- Minimum deposit
- $0
- EUR/USD spread from
- 0.1 pips (Raw Spread (Global), 19 Oct 2026)
- Max retail leverage
- 1:30 (ASIC) · 1:30 (retail, all account types) (CySEC) · 1:5000 (MetaTrader accounts), 1:1000 (cTrader); described as dynamic (FSA Seychelles) · 1:200 (SCB)
- Platforms
- MT4, MT5, cTrader, TradingView, proprietary
- Founded
- 2007
73.46% of retail investor accounts lose money when trading CFDs with this provider (IC Markets (EU) Ltd).
Quick answer
What is the maximum leverage at IC Markets?
For retail clients in Australia and the EU, 1:30 on major FX pairs. Elsewhere most clients are onboarded offshore: Raw Trading Ltd (IC / IC Markets Global) offers up to 1:5000, which IC Markets describes as dynamic, and IC Markets Ltd in the Bahamas up to 1:200. At 1:5000, $2.00 of margin holds a $10,000 position, so a 0.02% move against you uses all of it.
- Australia (ASIC): International Capital Markets Pty Ltd, licence AFSL 335692, 1:30. Retail caps there: FX majors 1:30; FX minors, gold, major indices 1:20; Commodities (ex gold), minor indices 1:10; Shares 1:5; Cryptoassets 1:2 (country reference, not yet verified).
- EU (CySEC): IC Markets (EU) Ltd, licence 362/18, 1:30 (retail, all account types), with negative balance protection. EU caps: FX majors 1:30; FX non-majors, gold, major indices 1:20; Commodities (ex gold), non-major indices 1:10; Individual equities 1:5; Cryptoassets 1:2.
- Offshore: outside the EEA and Australia most clients are onboarded by the Seychelles entity (leverage up to 1:5000 on MetaTrader) or the Bahamas entity; these carry no UK/EU-style retail protections.
Leverage by IC Markets company
Maximum retail leverage as IC Markets publishes it for each of its 4 companies. Licence numbers are as the broker publishes them; we have not yet matched them on the registers.
| Entity | Regulator | Licence | Max. retail leverage | Negative balance protection | Compensation |
|---|---|---|---|---|---|
| International Capital Markets Pty Ltd | Tier 1 ASIC | AFSL 335692Checked on the register, 20 Oct 2026 | 1:30 | Not published | Not published |
| IC Markets (EU) Ltd | Tier 1 CySEC | 362/18Checked on the register, 20 Oct 2026 | 1:30 (retail, all account types) | Yes | Investor Compensation Fund (CySEC) up to €20,000 or 90% of covered claims, whichever lower |
| Raw Trading Ltd (IC / IC Markets Global) | Offshore FSA Seychelles | SD018Company checked on the register, 20 Oct 2026; the register does not list the number | 1:5000 (MetaTrader accounts), 1:1000 (cTrader); described as dynamic | Not published | Not published |
| IC Markets Ltd | Offshore SCB | SIA-F214As published by the broker | 1:200 | Not published | Not published |
Which entity will I get?
Pick your region to see the entity that would open your account.
Our data (collected 19 Oct 2026) names no IC Markets company for this region; check IC Markets’s own site before you apply.
IC Markets (EU) Ltd · CySEC · 362/18 · Max retail leverage 1:30 (retail, all account types)
International Capital Markets Pty Ltd · ASIC · AFSL 335692 · Max retail leverage 1:30
Our data (collected 19 Oct 2026) names no IC Markets company for this region; check IC Markets’s own site before you apply.
Raw Trading Ltd (IC / IC Markets Global) · FSA Seychelles · SD018 · Max retail leverage 1:5000 (MetaTrader accounts), 1:1000 (cTrader); described as dynamic
Check the register yourself
Open the regulator’s register, search the licence number and compare the firm name and website address with icmarkets.com. Clone firms copy real names and numbers.
Client money
Tier 1 regulators require client money to be held apart from the firm’s own money; an offshore company may not have that rule.
cTrader alternatives under Tier 1 leverage rules
Brokers that, like IC Markets, offer cTrader and have a Tier 1 company open to retail clients, in the order of our regulation score.
- 1
Pepperstone
8.6/10- Minimum deposit
- £10
- EUR/USD spread from
- 0.0 pips
- Regulated by
- FCA, CySEC, BaFin, ASIC, DFSA, CMA (UAE), CMA Kenya, SCB
Read reviewVisit brokerUnpaid link73.6% of retail investor accounts lose money when trading CFDs with this provider (Pepperstone Limited (UK)).
- 2
FP Markets
8.0/10- Minimum deposit
- $50
- EUR/USD spread from
- 0.0 pips
- Regulated by
- ASIC, CySEC, FSCA, FSA Seychelles
Visit brokerUnpaid link74.51% of retail investor accounts lose money when trading CFDs with this provider (First Prudential Markets Ltd).
- 3
FxPro
7.6/10- Minimum deposit
- Not published
- EUR/USD spread from
- 0.0 pips
- Regulated by
- FCA, CySEC, FSCA, SCB
Visit brokerUnpaid link75% of retail investor accounts lose money when trading CFDs with this provider (FxPro Financial Services Ltd).
IC Markets leverage: our verdict
8.1/10
IC Markets publishes a leverage figure for each of its 4 companies. The figures split in two: 1:30 with ASIC and CySEC, and 1:200 to 1:5000 offshore, where our data records no negative balance protection. The offshore limits are a risk, not a feature.
Choose it if
- you live in Australia or the EU and want leverage held to retail caps (1:30)
- you trade on cTrader or MetaTrader and want the same broker for both
Look elsewhere if
- you live in the UK: IC Markets has no FCA company
- you would be onboarded offshore: leverage up to 1:5000 with no recorded negative balance protection
73.46% of retail investor accounts lose money when trading CFDs with this provider (IC Markets (EU) Ltd).
What changed
- 19 Oct 2026 Entities, costs and loss rates re-collected from IC Markets’s own pages.
Risk warning:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
Low Spread Brokers does not give personal investment advice.
FAQ
IC Markets leverage: questions
Short answers from IC Markets’s published terms, collected up to 19 Oct 2026. Terms change: check IC Markets’s own page before you trade.
Ask a questionWe cannot give personal investment advice.
1What is the maximum leverage at IC Markets?
It depends on the company: 1:30 at International Capital Markets Pty Ltd (ASIC), 1:30 at IC Markets (EU) Ltd (CySEC), up to 1:5000 on MetaTrader and 1:1000 on cTrader at Raw Trading Ltd (IC / IC Markets Global) (FSA Seychelles), and 1:200 at IC Markets Ltd (SCB). Retail clients in Australia and the EU are held to 1:30 on major pairs.
Broker data checked 19 Oct 2026
2Is IC Markets regulated in the UK?
No. IC Markets has no FCA-authorised company, so UK residents cannot get FCA protection or FSCS cover with it, and its EU site is not intended for UK residents. The UK ranking lists brokers with FCA companies.
Broker data checked 19 Oct 2026
3Where does IC Markets offer leverage above 1:30?
Only through its offshore companies: Raw Trading Ltd (IC / IC Markets Global) (FSA Seychelles, up to 1:5000 on MetaTrader) and IC Markets Ltd (SCB, 1:200). Raw Trading Ltd (IC / IC Markets Global) takes clients from everywhere except the United States, Canada, Iran and North Korea; IC Markets Ltd excludes the United States, Brazil, Canada, Israel, New Zealand, Japan, Iran, North Korea and the EU. Neither is under UK, EU or Australian retail rules.
Broker data checked 19 Oct 2026
4What leverage do EU clients get at IC Markets?
IC Markets (EU) Ltd applies 1:30 (retail, all account types), under the EU caps: FX majors 1:30; FX non-majors, gold, major indices 1:20; Commodities (ex gold), non-major indices 1:10; Individual equities 1:5; Cryptoassets 1:2. Negative balance protection applies, and the compensation scheme is the Investor Compensation Fund (CySEC) up to €20,000 or 90% of covered claims, whichever lower. 73.46% of its retail CFD accounts lose money.
Broker data checked 19 Oct 2026
5How much margin do I need at IC Markets?
Position size divided by leverage. For a $10,000 EUR/USD position: $333.33 at 1:30, $50.00 at 1:200 and $2.00 at 1:5000. The smaller the margin, the smaller the price move that closes the position.
Broker data checked 19 Oct 2026
6Can Australian clients get higher leverage at IC Markets?
Not as retail clients: International Capital Markets Pty Ltd lists 1:30, in line with ASIC’s cap of 1:30 on major FX pairs. Higher leverage needs professional status, which removes retail protections.
Broker data checked 19 Oct 2026
Sources
IC Markets pages for its leverage figures; regulators’ documents for the EU caps.
- IC Markets EU: trading accounts overviewChecked on 19 Oct 2026
- IC (global): trading accounts overviewChecked on 19 Oct 2026
- IC (global): regulationChecked on 19 Oct 2026
- IC Markets BahamasChecked on 19 Oct 2026
- ESMA: CFD restrictions for retail investorsChecked on 19 Oct 2026