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

IC Markets Review 2026: A Detailed Look for Serbia Traders

IC Markets is a solid choice for Serbian retail forex traders, offering competitive spreads, multiple platforms (MT4, MT5, cTrader), and flexible funding options like Skrill and USDT. However, the lack of local regulation and limited educational resources may be drawbacks for beginners. Overall, it's best for experienced traders seeking low-cost trading.
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 Serbia Traders

  • Extremely low spreads starting from 0.0 pips on Raw Spread account
  • Multiple platform choices: MT4, MT5, and cTrader
  • Accepts Skrill and USDT, popular payment methods in Serbia
  • Regulated by top-tier ASIC and CySEC
  • Islamic account available for Muslim traders

CONS for Serbia Traders

  • Not regulated by the Serbian local financial authority
  • Minimum deposit of $200 may be high for some beginners
  • Limited educational resources, especially in Serbian language
  • No TradingView platform support
  • Customer support in English only
📅
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 — Serbia
  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 Serbia

Founded in 2007 and headquartered in Sydney, Australia, IC Markets has grown into one of the world's largest forex and CFD brokers, serving over 200,000 clients globally. For Serbia traders, IC Markets offers a compelling proposition: tight spreads, deep liquidity, and a wide range of trading instruments. The broker is particularly popular among retail forex traders in Serbia who value low-cost execution and advanced trading platforms. With a minimum deposit of $200 and support for local payment methods like Bank Transfer, Skrill, and even USDT (crypto), IC Markets makes it easy for Serbian traders to start. The broker is regulated by top-tier authorities such as ASIC and CySEC, providing an extra layer of security. However, it lacks a local license from the Serbian financial authority, which may concern some traders. Overall, IC Markets is a reliable choice for experienced Serbian traders seeking professional-grade trading conditions.

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 Serbia?

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

IC Markets offers a genuine swap-free Islamic account for Muslim traders in Serbia who adhere to Sharia law. This account is available on both the Standard and Raw Spread accounts. It is strictly for clients whose religious beliefs prohibit earning or paying interest (swap). To apply, open a live account and then contact IC Markets customer support via email or live chat to request conversion. There are no hidden fees, but the account may be monitored to ensure it is not used for arbitrage or other non-Islamic strategies. If such activity is detected, the account may be converted to a standard one. This is a fair policy that ensures the account is used as intended.

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 Serbia

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

Customer Support — Serbia Review

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

Common Mistakes Serbia Traders Make with IC Markets

  • Mistake: Not verifying IC Markets' regulation details independently. Always check the ASIC or CySEC license numbers on official websites to ensure the broker is legitimate.
  • Mistake: Choosing the wrong account type. Many Serbian traders pick the Standard account for simplicity but miss out on the ultra-low spreads of the Raw Spread account. Compare your trading style before deciding.
  • Mistake: Ignoring deposit fees. While Skrill and USDT have low fees, Bank Transfer can be expensive. Always check the fee schedule to avoid surprises.
🔍

IC Markets vs Competitors in Serbia

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

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

3.6/5
★★★★★

IC Markets is a strong choice for Serbian retail forex traders who prioritize low trading costs, advanced platforms, and reliable execution. The broker's tight spreads, multiple account types, and support for Skrill and USDT make it particularly appealing. However, the lack of local regulation and limited educational resources mean it is better suited for experienced traders. Beginners may find the platform overwhelming and may need to seek external education. Overall, if you are a Serbian trader looking for a professional-grade broker with competitive conditions, IC Markets is worth considering. Just ensure you understand the risks, especially regarding leverage and the absence of a local compensation scheme.

Open IC Markets Account

FAQ — IC Markets for Serbia Traders

Is IC Markets safe for Serbia traders?+
How can I deposit money in IC Markets from Serbia?+
Does IC Markets have Islamic account?+
What is the minimum deposit for IC Markets in Serbia?+
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 · Serbia
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
Similar Brokers
CM
CMC Markets
Review
IG
IG
Review
PE
Pepperstone
Review
AV
AvaTrade
Review
PL
Plus500
Review
TI
Tio Markets
Review
VA
Vantage
Review
EQ
Equiti
Review
TI
Tickmill
Review
XT
XTB
Review
Compare IC Markets
vs Pepperstonevs Exnessvs XM Group
More Serbia broker guides
Lowest CAD/JPY Spread BrokersLowest GBP/AUD Spread BrokersLowest GBP/CAD Spread BrokersLowest GBP/CHF Spread BrokersLowest GBP/NZD Spread BrokersLowest AUD/NZD Spread BrokersLowest AUD/CAD Spread BrokersLowest NZD/JPY Spread BrokersLowest NZD/CHF Spread BrokersLowest NZD/CAD Spread Brokers
Related guides for Serbia traders
Lowest USD/CHF Spread BrokersLowest NZD/USD Spread BrokersLowest EUR/GBP Spread BrokersLowest EUR/JPY Spread BrokersLowest GBP/JPY Spread BrokersLowest EUR/AUD Spread BrokersLowest EUR/CAD Spread BrokersLowest EUR/CHF Spread BrokersLowest AUD/JPY Spread BrokersLowest AUD/CHF Spread Brokers