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

IC Markets Review 2026: Complete Guide for Finland Traders

IC Markets is a solid choice for Finnish retail forex traders, offering low spreads, fast execution, and multiple platform choices (MT4, MT5, cTrader). However, the lack of a local Finnish regulator and no Finnish language support are drawbacks. Overall, it's a good broker for experienced traders comfortable with offshore regulation.
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 Finland Traders

  • Very low spreads (from 0.0 pips) ideal for Finnish scalpers
  • Multiple platform choice (MT4, MT5, cTrader) with fast execution
  • Accepts Finnish Bank Transfer (SEPA) and Skrill for easy deposits
  • Islamic account available for Finnish Muslim traders
  • No deposit or withdrawal fees from IC Markets side

CONS for Finland Traders

  • No FIN-FSA regulation — Finnish traders not covered by local investor compensation
  • No Finnish language support or localized content
  • Minimum deposit of $200 may be high for absolute beginners
  • No TradingView platform integration
📅
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 — Finland
  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 Finland

IC Markets is a globally recognized forex and CFD broker founded in 2007 and headquartered in Sydney, Australia. For Finnish retail traders, it offers a compelling mix of low-cost trading, deep liquidity, and advanced platforms like MT4, MT5, and cTrader. The broker serves over 200,000 clients worldwide and is particularly popular among scalpers and algorithmic traders due to its raw spreads and fast execution. While IC Markets does not have a physical office in Finland, it accepts Finnish clients and supports local payment methods such as Bank Transfer (SEPA), Skrill, and USDT. The minimum deposit of $200 is reasonable for Finnish traders starting out. However, the broker is not regulated by the Finnish Financial Supervisory Authority (FIN-FSA), which means Finnish traders must rely on offshore regulation (CySEC, ASIC). This review will help you decide if IC Markets is the right broker for your trading style in 2026.

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 Finland?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Finland 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 Finland 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
Finland 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 — Finland 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
Finland 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 — Finland Muslim Traders

IC Markets offers genuine Islamic (swap-free) accounts for Muslim traders in Finland who wish to trade in accordance with Sharia law. These accounts do not accrue or pay overnight interest (swap) on forex, metals, and indices positions. The account is available for both Standard and Raw Spread account types. However, there is a small administration fee that may be charged if a position is held for more than a certain number of days (typically 7-10 days). To apply, simply select the Islamic account option during registration or contact customer support after opening a standard account. There are no hidden fees beyond the disclosed administration fee. This makes IC Markets a good option for Finnish Muslim traders looking for a swap-free environment.

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 Finland

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 Finland traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Finland 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 Finland traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Finland Review

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

Common Mistakes Finland Traders Make with IC Markets

  • Mistake: Not verifying the CySEC license before depositing. Always check license 362/18 on the CySEC website to ensure the broker is legitimate.
  • Mistake: Using Bank Transfer for small deposits — SEPA transfers are free but slow; use Skrill or USDT for instant deposits.
  • Mistake: Ignoring the Islamic account administration fees — if you hold positions for weeks, the swap-free account may still incur costs after 7-10 days.
🔍

IC Markets vs Competitors in Finland

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 Finland 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 Finland traders.
Product
May 2026
New instruments added for Finland traders
IC Markets has added new trading instruments including additional forex pairs and commodity CFDs.

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

3.6/5
★★★★★

IC Markets is a strong choice for Finnish retail forex traders who prioritize low costs, fast execution, and platform flexibility. The Raw Spread account with cTrader is especially appealing for active traders and scalpers. However, the lack of a local Finnish regulator (FIN-FSA) means you are relying on CySEC or ASIC oversight, which may not offer the same level of protection as a domestic license. The broker is best suited for experienced traders who understand the risks of offshore regulation. Beginners might prefer a broker with Finnish regulation and local support, but if you are comfortable with English and want low spreads, IC Markets is a reliable option. Always start with a demo account and trade with risk management.

Open IC Markets Account

FAQ — IC Markets for Finland Traders

Is IC Markets safe for Finland traders?+
How can I deposit money in IC Markets from Finland?+
Does IC Markets have Islamic account?+
What is the minimum deposit for IC Markets in Finland?+
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 · Finland
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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