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

IC Markets Review 2026 – A Detailed Look for Sweden Traders

IC Markets is a globally trusted broker with strong regulation and tight spreads, making it a solid choice for Sweden traders. However, it does not hold a Swedish license, so traders must rely on offshore regulation. Overall, it offers excellent trading conditions for experienced retail traders in Sweden.
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 Sweden Traders

  • Tight spreads from 0.0 pips on Raw account – excellent for cost-conscious Sweden traders
  • Multiple trusted regulators (ASIC, CySEC) provide security for Sweden clients
  • Fast deposit via Skrill and Bank Transfer (SEPA) – convenient for Sweden
  • Islamic account available with no hidden fees – suitable for Muslim traders in Sweden
  • High leverage up to 1:500 for experienced Sweden traders

CONS for Sweden Traders

  • No Swedish regulator (Finansinspektionen) – Sweden traders rely on offshore regulation
  • No TradingView platform integration
  • No copy trading or social trading features
  • Customer support lacks Swedish language option
  • Minimum deposit of $200 may be high for absolute beginners
📅
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 — Sweden
  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 Sweden

IC Markets is an Australian-based forex and CFD broker founded in 2007, with a strong global presence and over 200,000 active clients. For Sweden traders, IC Markets offers a compelling mix of low-cost trading, deep liquidity, and advanced platforms like MT4, MT5, and cTrader. The broker is particularly popular among retail forex traders in Sweden due to its tight spreads starting from 0.0 pips and fast execution speeds. While it does not have a Swedish-specific license, its regulation by ASIC, CySEC, FSA, and SCB provides a layer of trust. Sweden traders can fund accounts using local-friendly methods like Bank Transfer (SEPA), Skrill, or even USDT for crypto-savvy users. The minimum deposit of $200 is reasonable for serious retail traders. Overall, IC Markets is a well-established broker that caters well to the Swedish market, offering a professional trading environment without unnecessary restrictions.

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 Sweden?

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

IC Markets offers a genuine Islamic (swap-free) account for Sweden Muslim traders who wish to trade without earning or paying interest (swap). This account is available on all three account types: Standard, Raw Spread, and cTrader. There are no hidden fees or additional charges — simply request the swap-free status via live chat or email after registration. The account remains swap-free indefinitely, but note that positions held for very long periods (e.g., over 10 days) may incur a small administrative fee on certain instruments. Sweden traders should confirm the specific conditions with support. Overall, it is a fair and transparent Islamic account 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 Sweden

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

Customer Support — Sweden Review

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

Common Mistakes Sweden Traders Make with IC Markets

  • Mistake: Sweden traders often assume IC Markets is regulated by Finansinspektionen – it is not. Always check the specific entity and its license.
  • Mistake: Using maximum leverage (1:500) without understanding risks – Sweden traders should start with lower leverage to protect capital.
  • Mistake: Ignoring the commission structure on Raw accounts – Sweden traders should calculate total costs including spreads and commissions before choosing an account.
🔍

IC Markets vs Competitors in Sweden

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

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

3.6/5
★★★★★

IC Markets is a strong choice for Sweden retail forex traders who prioritize low spreads, fast execution, and a wide range of platforms. The broker’s regulation by ASIC and CySEC, along with its 18-year track record, offers reasonable safety despite the absence of a Swedish license. The deposit methods (Bank Transfer, Skrill, USDT) are convenient for Sweden, and the Islamic account is a genuine option for Muslim traders. However, the lack of a local regulator and no Swedish-language support may be drawbacks for some. Overall, IC Markets is best suited for experienced Sweden traders who want a professional, low-cost trading environment. Beginners may prefer a broker with more educational resources and local regulation.

Open IC Markets Account

FAQ — IC Markets for Sweden Traders

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