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

IC Markets Review 2026: A Deep Dive for Thailand Traders

IC Markets is a globally trusted broker with strong regulation (ASIC, CySEC) and razor-thin spreads, making it a solid choice for Thailand traders. However, the lack of a local Thai regulator and a $200 minimum deposit may deter beginners. It's best for experienced traders seeking low-cost forex and CFD 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 Thailand Traders

  • Ultra-low spreads from 0.0 pips on Raw Spread account, ideal for scalping
  • Regulated by top-tier ASIC and CySEC, providing strong client fund protection
  • Supports local Thai payment methods: Bank Transfer, Skrill, USDT
  • Offers genuine Islamic Account for Muslim traders in Thailand
  • High leverage up to 500:1 for experienced traders

CONS for Thailand Traders

  • No Thai SEC regulation, which may concern risk-averse traders
  • Minimum deposit of $200 is high for beginners in Thailand
  • Customer support lacks Thai language option
  • No TradingView platform integration
📅
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 — Thailand
  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 Thailand

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 Thailand traders, IC Markets is particularly appealing due to its low-cost ECN pricing, deep liquidity, and support for popular local payment methods like Bank Transfer, Skrill, and USDT. The broker offers a wide range of instruments including forex, indices, commodities, and cryptocurrencies, all accessible via MT4, MT5, and cTrader. While IC Markets is not regulated by the Thai SEC, its strong oversight from ASIC and CySEC provides a layer of safety. The broker's $200 minimum deposit and high leverage up to 500:1 make it suitable for both intermediate and advanced Thailand traders seeking tight spreads and fast execution. However, beginners may find the minimum deposit slightly high compared to local brokers.

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 Thailand?

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

IC Markets offers a genuine Islamic Account (swap-free) for Muslim traders in Thailand who wish to trade in compliance with Sharia law. This account does not charge or pay overnight interest (swap) on positions held past the daily rollover time. It is available on both Standard and Raw Spread accounts. There are no hidden fees or additional spreads — it is a true swap-free account. To apply, Thailand traders need to open a live account first, then contact IC Markets support via live chat or email to request the Islamic Account conversion. The broker may require proof of Muslim faith, such as a national ID or passport. Once activated, the account remains swap-free indefinitely. This is a major plus for Thailand's Muslim community.

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 Thailand

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

Customer Support — Thailand Review

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

Common Mistakes Thailand Traders Make with IC Markets

  • Mistake: Not verifying ASIC license before depositing. Thailand traders should always check AFSL 335692 on the ASIC website to ensure the broker is legitimate.
  • Mistake: Ignoring the $200 minimum deposit. Some Thailand traders try to deposit less via Skrill or USDT but the system rejects it. Always fund at least $200.
  • Mistake: Using the Standard account for scalping. The Raw Spread account with commission is far cheaper for high-frequency trading. Thailand scalpers should choose Raw.
🔍

IC Markets vs Competitors in Thailand

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

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

3.6/5
★★★★★

IC Markets is a strong contender for Thailand traders who prioritize low trading costs and reliable execution. The broker's regulation by ASIC and CySEC, combined with its ECN pricing and support for local payment methods like Bank Transfer, Skrill, and USDT, makes it a trustworthy choice. The Islamic Account is a genuine benefit for Muslim traders. However, the $200 minimum deposit and absence of Thai SEC regulation may deter absolute beginners or those seeking local oversight. IC Markets is best suited for intermediate to advanced Thailand traders, especially scalpers and EA users. If you are a Thailand trader comfortable with international brokers and want the lowest spreads, IC Markets is highly recommended. For complete newbies, a local broker with lower minimums might be a better starting point.

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FAQ — IC Markets for Thailand Traders

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