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

IC Markets Review 2026: A Detailed Look for Malta Traders

IC Markets is a solid choice for Malta traders seeking tight spreads and fast execution, but its lack of a local Malta license means you must rely on CySEC or ASIC regulation. The $200 minimum deposit and multiple platform options (MT4, MT5, cTrader) are appealing, though the absence of copy trading and limited local support are drawbacks.
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 Malta Traders

  • Tight spreads from 0.0 pips on Raw Spread and cTrader accounts, ideal for cost-conscious Malta traders.
  • Multiple platform options (MT4, MT5, cTrader) with robust performance on Malta internet.
  • Accepts local payment methods: Bank Transfer, Skrill, and USDT, making deposits easy.
  • Genuine Islamic account available for Maltese Muslim traders.
  • High leverage up to 500:1 (though capped at 30:1 for EU clients under CySEC).

CONS for Malta Traders

  • No direct MFSA regulation; Malta traders rely on CySEC or offshore entities for protection.
  • No copy trading feature, which may disappoint social traders in Malta.
  • Limited educational resources compared to competitors like XM or FXTM.
  • No local Maltese phone number or 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 — Malta
  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 Malta

Founded in 2007, IC Markets has grown into a global forex broker headquartered in Australia, serving over 200,000 clients across more than 100 countries. For Malta traders, IC Markets offers a compelling mix of low spreads, fast execution, and multiple platform choices (MT4, MT5, cTrader). The broker is particularly popular among scalpers and algorithmic traders due to its ECN pricing model. While IC Markets does not have a physical office in Malta, it accepts Maltese clients under its CySEC-regulated entity, which aligns with EU financial standards. The broker’s minimum deposit of $200 (or EUR equivalent) and support for local payment methods like Bank Transfer, Skrill, and even USDT make it accessible for Maltese retail traders. However, the lack of a dedicated Malta license (MFSA) means you should carefully check which entity your account is opened under. Overall, IC Markets is a reliable choice for Malta traders who prioritize low costs and advanced platforms over local regulation.

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 Malta?

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

IC Markets offers a genuine Islamic (swap-free) account for Malta-based Muslim traders who wish to trade without earning or paying swap interest. The account is available on all account types (Standard, Raw Spread, cTrader) and is free of hidden fees. To apply, you simply need to request it via the IC Markets support team or during the account registration process. The swap-free status is applied to all instruments, including forex, indices, and commodities. However, note that after a certain holding period (usually 7-10 days), a small administrative fee may be charged on long-term positions. This is standard practice among swap-free brokers. IC Markets does not charge extra spread or commissions for Islamic accounts, making them a fair option for Malta traders.

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 Malta

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

Customer Support — Malta Review

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

Common Mistakes Malta Traders Make with IC Markets

  • Mistake: Not checking which regulatory entity your account is under. Malta traders often assume they are under CySEC, but IC Markets may assign you to the FSA Seychelles entity for higher leverage, reducing your investor protection.
  • Mistake: Ignoring the swap-free account eligibility. Muslim traders in Malta should explicitly request the Islamic account before trading to avoid overnight interest charges.
  • Mistake: Using a deposit method that is not supported for withdrawals. Always use the same method for deposits and withdrawals (e.g., Skrill) to avoid delays or extra fees.
🔍

IC Markets vs Competitors in Malta

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

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

3.6/5
★★★★★

IC Markets is a strong contender for Malta traders who prioritize low costs, fast execution, and platform flexibility. The broker’s tight spreads, multiple account types, and support for local payment methods like Skrill and USDT make it accessible and competitive. However, the lack of a Malta Financial Services Authority (MFSA) license means you should be cautious about which regulatory entity handles your account. For traders who value EU-level protection, the CySEC entity is safer but comes with lower leverage (30:1). For experienced traders seeking higher leverage, the FSA entity may be used, but with less oversight. Overall, IC Markets is best for active traders, scalpers, and algorithmic traders in Malta who understand the regulatory trade-offs. Beginners may prefer a broker with more education and local support. If you are comfortable with the regulatory setup, IC Markets offers excellent value.

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FAQ — IC Markets for Malta Traders

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