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

IC Markets Review 2026: The Complete Guide for Georgia Traders

IC Markets is a solid, globally recognized broker with tight spreads and fast execution, making it a strong choice for Georgian retail forex traders. However, the lack of direct local regulation and limited local support are notable drawbacks. It's best suited for experienced traders who prioritize low costs over local hand-holding.
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 Georgia Traders

  • Ultra-tight spreads from 0.0 pips on Raw account, ideal for cost-sensitive Georgian traders.
  • Multiple deposit options including Skrill and USDT, which are popular and fast in Georgia.
  • Strong global regulation from ASIC and CySEC, providing high-level fund security.
  • Genuine Islamic account available for all account types, no hidden fees or time limits.
  • Advanced platforms (MT4, MT5, cTrader) with excellent performance on Georgian internet.

CONS for Georgia Traders

  • No license from Georgia's local financial authority, so no local investor protection.
  • Customer support is only in English, no Georgian language option.
  • No copy trading or social trading features, limiting beginner-friendly options.
  • Educational resources are basic and only in English, not tailored for Georgian 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 — Georgia
  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 Georgia

Founded in 2007, IC Markets has grown into one of the world's leading forex and CFD brokers, headquartered in Sydney, Australia. With a global client base, it has become a popular choice for Georgian retail forex traders due to its low-cost trading environment, deep liquidity, and advanced platforms. The broker processes billions in monthly trading volume and offers over 225 instruments, including forex, indices, commodities, and cryptocurrencies. For Georgia traders, the ability to deposit in USD using local-friendly methods like Skrill and USDT is a significant advantage. While IC Markets does not have a physical office in Georgia, its strong global presence and reputation for tight spreads make it a compelling option for traders looking to minimize costs. The broker is best suited for those who are comfortable with self-directed trading and value execution speed over localized support.

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 Georgia?

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

IC Markets offers genuine Islamic (swap-free) accounts for all account types, including Standard, Raw Spread, and True ECN. These accounts are designed for Muslim traders who require Sharia-compliant trading, meaning no interest (riba) is charged or earned on overnight positions. The swap-free status is applied permanently once requested, and there are no hidden fees or time limits (unlike some brokers that impose a time limit on swap-free status). To apply, simply open a live account and contact IC Markets support via live chat or email, requesting the Islamic account option. The process is straightforward and typically completed within 24 hours. For Georgian Muslim traders, this is a valuable offering, as it allows you to trade forex and CFDs without violating Islamic principles. The account functions exactly like a standard account, except for the absence of swap fees.

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 Georgia

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

Customer Support — Georgia Review

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

Common Mistakes Georgia Traders Make with IC Markets

  • Mistake: Not verifying your account fully before trading. Many Georgia traders skip the verification process, which can lead to withdrawal delays. Ensure you upload your National ID/Passport and proof of address immediately after registration.
  • Using a local bank transfer without checking intermediary fees. Bank transfers to IC Markets may incur additional charges from Georgian banks, making Skrill or USDT a more cost-effective choice.
  • Ignoring the swap-free account option if you are a Muslim trader. IC Markets offers a genuine Islamic account, but you must request it. Failing to do so means you will be charged overnight interest, which is against Sharia principles.
🔍

IC Markets vs Competitors in Georgia

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

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

3.6/5
★★★★★

IC Markets is a highly competitive broker that excels in trading costs, platform variety, and global regulation. For Georgia traders, it is a strong choice if you are an experienced retail forex trader who prioritizes low spreads, fast execution, and flexible deposit methods like Skrill and USDT. The lack of local regulation and Georgian language support are significant downsides, but they are partially offset by the broker's strong international reputation. It is less suitable for beginners who need hand-holding or localized services. Overall, we recommend IC Markets for Georgian traders who are comfortable with self-directed trading and want access to institutional-grade pricing. If you are an active trader or scalper, the Raw Spread account is hard to beat. Just be aware that you will need to manage your own account in English and rely on international support.

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FAQ — IC Markets for Georgia Traders

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