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IC Markets Overview for Myanmar
Founded in 2007 and headquartered in Sydney, Australia, IC Markets has grown into one of the world's leading forex and CFD brokers. With over 200,000 active clients globally, the broker is known for its ultra-low spreads, fast execution, and advanced trading platforms. For Myanmar traders, IC Markets offers a compelling option despite the absence of a local regulator. The broker supports deposits via Bank Transfer, Skrill, and USDT — all accessible from Myanmar. Trading conditions are competitive, with leverage up to 500:1 and spreads from 0.0 pips on Raw Spread accounts. While IC Markets is not regulated within Myanmar, its ASIC and CySEC licenses provide a strong layer of trust. The broker is particularly popular among retail forex traders in Myanmar who prioritize low costs and reliable trade execution over local regulatory comfort. Overall, IC Markets is a solid choice for Myanmar traders seeking a reputable international broker.
| Detail | Information |
|---|
| Founded | 2007 |
| Headquarters | Australia |
| Regulated by | ASIC,CySEC,FSA,SCB |
| Min Deposit | $200 |
| Max Leverage | 5000 |
| Platforms | MT4, MT5, cTrader |
| Islamic Account | Available |
| Copy Trading | Not available |
| Demo Account | Available |
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Regulation & Safety — Is IC Markets Safe for Myanmar?
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Safety verdict for Myanmar traders
Always verify IC Markets's regulation at the official regulator website before depositing.
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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.
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|
| EUR/USD | 0.02 pips | $3.50 | $3.52 | 0.80 pips |
| GBP/USD | 0.23 pips | $3.50 | $3.73 | 1.20 pips |
| XAU/USD | 0.12 pips | $3.50 | $3.62 | 0.25 pips |
| S&P500 | 0.30 | $3.50 | $3.80 | 0.50 |
| NASDAQ | 0.80 | $3.50 | $4.30 | 1.50 |
| BTC/USD | $30 | $3.50 | $33.50 | $45 |
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Account Types for Myanmar 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
| Feature | Available |
|---|
| Demo Account | Yes |
| ECN/Raw Account | Yes |
| Islamic (Swap-free) | Yes |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | No |
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Deposits & Withdrawals — Myanmar Guide
USDT TRC20
Buy on Binance P2P — transfer to broker
Skrill
Fund via local exchange — transfer
Neteller
Fund via local exchange — transfer
Bank Wire
International transfer (may be restricted locally)
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Myanmar 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.
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Islamic Account — Myanmar Muslim Traders
IC Markets offers a genuine swap-free Islamic account for Muslim traders in Myanmar who follow Sharia law. This account does not charge or pay swap (overnight interest) on positions held overnight. It is available on both Standard and Raw Spread accounts. There are no hidden fees or commissions beyond the standard spreads and commissions. To apply, simply open a live account and request the Islamic account via email or live chat. Approval is usually quick. Note that some brokers limit the number of days a position can be held swap-free, but IC Markets does not impose such limits. This makes it a good choice for long-term traders in Myanmar who need to avoid interest.
| Feature | Details |
|---|
| Islamic Account Available | Yes |
| Swap Fees | No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually 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.
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Instruments & Markets in Myanmar
| Asset Class | Examples | Available | Typical Spread |
|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | 0.02 pips |
| Gold (XAU/USD) | Spot Gold | Available | 0.12 pips |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.30 |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | $30 |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
Most popular instruments for Myanmar traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Myanmar traders.
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Education & Research Tools
Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Tip for Myanmar traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
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Customer Support — Myanmar Review
Support verdict for Myanmar
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
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Common Mistakes Myanmar Traders Make with IC Markets
- Mistake: Not verifying the broker's regulatory license before depositing – always check ASIC or CySEC database using the license number provided.
- Mistake: Choosing the wrong account type – Myanmar traders often pick Standard account without considering Raw Spread for lower spreads if they trade frequently.
- Mistake: Ignoring the Islamic account option – Muslim traders in Myanmar may incur swap charges unnecessarily if they do not request a swap-free account.
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IC Markets vs Competitors in Myanmar
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|
| IC Markets (current) | $200 | 0.02 pips | Yes | No | 3.6 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
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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 Myanmar traders
IC Markets segregates all client funds and is regulated by top-tier authorities.
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IC Markets User Reviews & Ratings
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
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IC Markets Latest News & Updates 2026
IC Markets expands TradingView integration
IC Markets has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
IC Markets maintains top-tier regulatory status
IC Markets continues to hold its regulatory licenses, ensuring client fund protection for Myanmar traders.
New instruments added for Myanmar traders
IC Markets has added new trading instruments including additional forex pairs and commodity CFDs.
Final Verdict — Is IC Markets Worth It for Myanmar Traders?
3.6/5
★★★★★
IC Markets is a highly reputable broker that offers excellent trading conditions for Myanmar traders. Its ultra-low spreads, fast execution, and support for local payment methods like Bank Transfer, Skrill, and USDT make it a practical choice. The ASIC and CySEC regulations provide a strong safety net, though the lack of a local regulator means traders should exercise due diligence. The broker is best suited for experienced traders who prioritize low costs and are comfortable with offshore regulation. Beginners may find the minimum deposit of $200 a barrier, but the demo account helps practice. Overall, IC Markets is recommended for Myanmar traders seeking a reliable international broker with competitive pricing and flexible deposit options.
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FAQ — IC Markets for Myanmar Traders
Is IC Markets safe for Myanmar traders?+
How can I deposit money in IC Markets from Myanmar?+
Does IC Markets have Islamic account?+
What is the minimum deposit for IC Markets in Myanmar?+
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.
