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

IC Markets Review 2026: A Detailed Guide for Guyana Traders

IC Markets is a globally reputable broker offering tight spreads and fast execution, making it a strong choice for Guyana retail forex traders. However, the lack of a local financial authority license and the relatively high minimum deposit of $200 are notable drawbacks. It is best suited for experienced traders who prioritize low trading costs.
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 Guyana Traders

  • Ultra-low spreads from 0.0 pips on Raw Spread account, ideal for cost-conscious Guyana traders.
  • Accepts USDT deposits, allowing Guyana traders to avoid bank fees and currency conversion.
  • Offers cTrader platform with fast execution, perfect for scalpers in Guyana.
  • Genuine swap-free Islamic account available for Muslim traders.
  • Strong regulation by ASIC and CySEC provides client fund protection.

CONS for Guyana Traders

  • Not regulated by the local financial authority in Guyana, limiting local recourse.
  • Minimum deposit of $200 is high compared to some brokers offering $10 or $50.
  • No copy trading feature, which may deter beginners seeking passive income.
  • Customer support lacks a local Guyana phone number or local language support.
📅
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 — Guyana
  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 Guyana

Founded in 2007 and headquartered in Sydney, Australia, IC Markets has grown to become one of the world's largest forex and CFD brokers. It serves over 200,000 clients globally, including a growing number of retail traders in Guyana. The broker is known for its ultra-low spreads, fast order execution, and deep liquidity, making it a favorite among scalpers and algorithmic traders. For Guyana traders, IC Markets offers a gateway to trade major and minor forex pairs, indices, commodities, and cryptocurrencies with competitive conditions. The broker's support for multiple deposit methods like Bank Transfer, Skrill, and USDT makes it accessible despite the lack of local payment gateways. However, the absence of a local license from Guyana's financial authority means traders must rely on international regulation. Overall, IC Markets is a solid choice for experienced Guyana traders who value low costs and professional tools.

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 Guyana?

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

IC Markets offers a genuine swap-free Islamic account for Muslim traders in Guyana who wish to trade without earning or paying interest (riba). The account is available on both Standard and Raw Spread accounts and is free from any hidden fees or administrative charges. To apply, simply register for a live account and contact customer support via live chat or email. The account will be converted within 24 hours. This makes IC Markets a good option for Guyana's Muslim community looking for Sharia-compliant 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 Guyana

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

Customer Support — Guyana Review

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

Common Mistakes Guyana Traders Make with IC Markets

  • Mistake: Ignoring the lack of local regulation. Guyana traders should understand that IC Markets is not overseen by the local financial authority, so they must rely on international licenses. Always verify the ASIC or CySEC license on the regulator's website.
  • Mistake: Using high leverage without risk management. With max leverage of 500:1, many traders overexpose themselves. Use proper stop-losses and position sizing.
  • Mistake: Choosing the wrong account type. Beginners often pick the Standard account, but the Raw Spread account with commission can be cheaper for frequent traders. Calculate your typical trade size before deciding.
🔍

IC Markets vs Competitors in Guyana

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

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

3.6/5
★★★★★

IC Markets is a reliable and cost-effective broker for experienced Guyana traders who prioritize low spreads and fast execution. Its support for USDT deposits and genuine Islamic account adds flexibility for local users. However, the lack of local regulation and the $200 minimum deposit may be barriers for some. The broker is best suited for active traders, scalpers, and those using automated trading strategies. Beginners should start with the demo account to test the platforms. Overall, IC Markets earns a solid recommendation for Guyana traders who understand the risks of trading with an international broker.

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FAQ — IC Markets for Guyana Traders

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