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

IC Markets Review 2026: Is It the Right Broker for Israel Traders?

IC Markets is a solid choice for Israel traders seeking low spreads, fast execution, and multiple platforms. However, the lack of local regulation and limited local support are drawbacks. Best for experienced traders who value low costs over 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 Israel Traders

  • Low spreads from 0.0 pips on Raw Spread account, ideal for cost-conscious Israeli traders
  • Accepts Israeli clients with local payment methods like Skrill and USDT
  • Genuine Islamic account with no hidden fees or time limits for Muslim traders in Israel
  • Multiple powerful platforms (MT4, MT5, cTrader) suitable for scalping and EAs
  • High leverage up to 1:500, giving Israeli traders flexibility

CONS for Israel Traders

  • Not regulated by the Israel Securities Authority (ISA), so no local investor protection
  • No dedicated Hebrew customer support or local office in Israel
  • Minimum deposit of $200 may be high for absolute beginners
  • No copy trading or social trading features for passive investors
  • Withdrawal via bank transfer can be slow (1-3 business days) and may incur bank fees
📅
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 — Israel
  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 Israel

IC Markets is an Australian-based forex and CFD broker founded in 2007, with headquarters in Sydney. It has grown into one of the world’s largest retail forex brokers, serving clients in over 200 countries, including Israel. For Israeli traders, IC Markets offers low-cost trading with raw spreads from 0.0 pips on its ECN accounts, and a choice of industry-leading platforms like MetaTrader 4, MetaTrader 5, and cTrader. The broker is especially popular among scalpers and algorithmic traders due to its fast execution and deep liquidity. While IC Markets does not have a physical presence in Israel, it accepts Israeli clients and supports local payment methods such as Bank Transfer, Skrill, and USDT. The minimum deposit of $200 makes it accessible, but Israeli traders should be aware that the broker is not regulated by the Israel Securities Authority (ISA), which means no local investor compensation scheme. Despite this, IC Markets’ reputation and volume of trades make it a reliable option for experienced traders in Israel who prioritize low spreads and advanced trading 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 Israel?

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

IC Markets offers a genuine Islamic account (swap-free) for Muslim traders in Israel who require compliance with Sharia law. The account is available on the Raw Spread account type and is completely free of swap or rollover interest on overnight positions. There are no hidden fees or time limits, which is a significant advantage over some brokers that impose restrictions. To apply, Israeli traders need to open a live account, then contact IC Markets support via live chat or email to request conversion to an Islamic account. The request is usually processed within 24 hours. Note that while most forex pairs and CFDs are swap-free, some instruments (like cryptocurrencies or certain indices) may still incur overnight charges. IC Markets does not charge an administration fee for the Islamic account. This makes it a strong choice for Muslim traders in Israel looking for a transparent, low-cost swap-free option.

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 Israel

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

Customer Support — Israel Review

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

Common Mistakes Israel Traders Make with IC Markets

  • Mistake: Assuming ISA regulation — Israeli traders often think IC Markets is regulated by the Israel Securities Authority. It is not. Always verify licenses on official regulator websites.
  • Mistake: Using bank transfers without checking fees — Israeli banks charge high fees for international wires. Use Skrill or USDT to save money and time.
  • Mistake: Not requesting the Islamic account properly — Some traders forget to request the swap-free account after registration. You must contact support to activate it, or you will be charged swaps.
🔍

IC Markets vs Competitors in Israel

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

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

3.6/5
★★★★★

IC Markets is a top-tier broker for Israeli traders who prioritize low trading costs, fast execution, and advanced platforms. The broker’s global reputation, strong regulation (ASIC, CySEC), and wide range of instruments make it a reliable choice for experienced traders, especially scalpers and algorithmic traders. The availability of a genuine Islamic account and support for Skrill and USDT deposits are clear advantages for Israeli clients. However, the lack of ISA regulation means no local safety net, and the absence of Hebrew support can be a barrier for some. Beginners may find the platform overwhelming and the minimum deposit of $200 a hurdle. Overall, IC Markets is best suited for self-directed, experienced Israeli traders who understand the risks and want low-cost access to global markets. If you value low spreads and are comfortable with English support, IC Markets is a strong contender. But if you need local regulation and hand-holding, consider a broker with an Israeli license.

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FAQ — IC Markets for Israel Traders

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