HomeBroker ReviewsIC Markets ReviewBangladesh
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Bangladesh
Live account tested
Broker Review · Bangladesh 2026

IC Markets Review 2026 – Complete Guide for Bangladesh Traders

IC Markets is a globally trusted broker with strong regulation and competitive spreads, making it a solid choice for Bangladesh traders. However, the $200 minimum deposit is higher than many local alternatives, and the lack of a local BSEC license means traders rely on offshore regulation. Best suited for intermediate to advanced traders in Bangladesh who prioritize low spreads and fast execution over low entry barriers.
Regulated: ASIC
Min Deposit: $200
Score: 3.6/5
Islamic: Yes
3.6/5
★★★★★
Overall Score
Regulation
5.0
Spreads
3.7
Platforms
5.0
Deposits
4.5
Support
4.5

PROS for Bangladesh Traders

  • Low spreads from 0.0 pips on Raw account, ideal for cost-conscious Bangladesh traders.
  • Supports local payment methods bKash, Nagad, and USDT TRC20 for easy deposits and withdrawals.
  • Highly regulated by ASIC, CySEC, FSA, and SCB, providing strong client fund protection.
  • Offers Islamic account for Muslim traders in Bangladesh, with no hidden swap fees.
  • Excellent mobile trading experience with MT4, MT5, and cTrader apps optimized for Bangladesh networks.

CONS for Bangladesh Traders

  • Minimum deposit of $200 is high for many Bangladesh traders, especially beginners.
  • Not regulated by BSEC, so no local regulatory protection or dispute resolution.
  • No Bengali language support, which may be a barrier for non-English speakers.
  • Educational resources are limited and not tailored to Bangladesh traders.
📅
2007
Founded
📍
Australia
HQ
💵
$200
Min Deposit
📊
3.6/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Bangladesh
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

IC Markets Overview for Bangladesh

IC Markets is a globally recognized forex and CFD broker founded in 2007 and headquartered in Sydney, Australia. With a strong reputation for low spreads, fast execution, and advanced trading platforms, it has become a popular choice among traders worldwide, including those in Bangladesh. The broker processes over $20 billion in monthly trading volume and serves clients in more than 196 countries. For Bangladesh traders, IC Markets offers a professional trading environment with access to major forex pairs, commodities, indices, and cryptocurrencies. The broker supports local payment methods like bKash, Nagad, and USDT TRC20, making deposits and withdrawals convenient for Bangladeshi users. However, it is important to note that IC Markets is not regulated by the Bangladesh Securities and Exchange Commission (BSEC), so traders must rely on its offshore licenses. The broker’s mobile-first approach aligns well with Bangladesh’s growing mobile trading culture, and the availability of Islamic accounts caters to the country’s majority Muslim population. Overall, IC Markets is a robust option for experienced traders in Bangladesh seeking low-cost trading and reliable execution.

DetailInformation
Founded2007
HeadquartersAustralia
Regulated byASIC,CySEC,FSA,SCB
Min Deposit$200
Max Leverage5000
PlatformsMT4, MT5, cTrader
Islamic AccountAvailable
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is IC Markets Safe for Bangladesh?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Bangladesh traders
Always verify IC Markets's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USD0.02 pips$3.50$3.520.80 pips
GBP/USD0.23 pips$3.50$3.731.20 pips
XAU/USD0.12 pips$3.50$3.620.25 pips
S&P5000.30$3.50$3.800.50
NASDAQ0.80$3.50$4.301.50
BTC/USD$30$3.50$33.50$45
💼

Account Types for Bangladesh Traders

Standard Account
No Commission
Min Deposit$200
EUR/USD Spreadfrom 0.80 pips
Commission$0
IslamicAvailable
PlatformsMT4, MT5, cTrader
Raw Spread Account
Best for Scalping
Min Deposit$200
EUR/USD Spreadfrom 0.02 pips
Commission$3.50
IslamicAvailable
PlatformsMT4, MT5, cTrader
FeatureAvailable
Demo AccountYes
ECN/Raw AccountYes
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
cTrader
ECN platform
Available
iOS · Android · Web
📺
TradingView
Best charts
Not available
Bangladesh tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Bangladesh Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Bangladesh deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Bangladesh Muslim Traders

IC Markets offers Islamic (swap-free) accounts for Muslim traders in Bangladesh who wish to trade in compliance with Sharia law. These accounts eliminate swap or interest charges on overnight positions, making them permissible for Islamic traders. The Islamic account is available for both Standard and Raw Spread account types. To apply, simply contact IC Markets support after opening a live account and request the swap-free option. There are no hidden fees for Islamic accounts, but some instruments may incur an administrative fee if held for an extended period (e.g., over 10 days). This is clearly disclosed in the terms. For Bangladesh traders, this is a genuine swap-free offering that aligns with religious requirements, though it’s advisable to confirm the specific instrument policies before trading.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in Bangladesh

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll available0.02 pips
Gold (XAU/USD)Spot GoldAvailable0.12 pips
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.30
Crypto CFDsBTC, ETH, XRP, SOLAvailable$30
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Bangladesh traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Bangladesh traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Bangladesh traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Bangladesh Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Bangladesh
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Bangladesh Traders Make with IC Markets

  • Mistake: Not verifying the deposit amount in BDT before transferring via bKash or Nagad. The minimum deposit is $200, but exchange rates fluctuate, so always check the BDT equivalent to avoid underfunding.
  • Mistake: Assuming the Islamic account is automatically applied. You must specifically request it from support after opening a live account, or it will not be activated.
  • Mistake: Ignoring the commission on Raw Spread accounts. While spreads are low, the $3.50 per lot commission adds up for frequent traders. Calculate total costs before choosing an account type.
🔍

IC Markets vs Competitors in Bangladesh

BrokerMin DepositEUR/USDIslamicTradingViewScore
IC Markets (current)$2000.02 pipsYesNo3.6
Pepperstone$00.09 pipsYesYes4.9
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — IC Markets

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Bangladesh traders
IC Markets segregates all client funds and is regulated by top-tier authorities.

IC Markets User Reviews & Ratings

Trustpilot Rating

3.6
★★★★★
Based on 54,430 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.6
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

IC Markets Latest News & Updates 2026

Platform
July 2026
IC Markets expands TradingView integration
IC Markets has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
IC Markets maintains top-tier regulatory status
IC Markets continues to hold its regulatory licenses, ensuring client fund protection for Bangladesh traders.
Product
May 2026
New instruments added for Bangladesh traders
IC Markets has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is IC Markets Worth It for Bangladesh Traders?

3.6/5
★★★★★

IC Markets is a strong choice for experienced Bangladesh traders who prioritize low trading costs, fast execution, and a reliable regulatory framework. The broker’s support for bKash, Nagad, and USDT TRC20 makes deposits and withdrawals convenient, and the Islamic account caters to the country’s Muslim population. However, the $200 minimum deposit and lack of BSEC regulation may deter beginners or those with smaller capital. The educational resources are also limited, so traders need to be self-sufficient. Overall, IC Markets is best suited for intermediate to advanced traders in Bangladesh who are comfortable with offshore regulation and have a trading capital of at least $200. If you are a serious trader looking for institutional-grade conditions, IC Markets is worth considering.

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FAQ — IC Markets for Bangladesh Traders

Is IC Markets safe for Bangladesh traders?+
How can I deposit money in IC Markets from Bangladesh?+
Does IC Markets have Islamic account?+
What is the minimum deposit for IC Markets in Bangladesh?+
What trading platforms does IC Markets offer?+
Is IC Markets regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
Open IC Markets Account
Regulated · Bangladesh
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.6/5
RegulationASIC · CySEC
Min Deposit$200
Max Leverage5000
Founded2007
IslamicYes
TradingViewNo
MT4/MT5Both
Copy TradingNo
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