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

IC Markets Review 2026: A Complete Guide for Ukraine Traders

IC Markets is a globally respected broker offering low spreads, deep liquidity, and multiple platforms. For Ukraine traders, the lack of local regulation and the $200 minimum deposit are notable drawbacks, but the broker's strong international regulation and support for local payment methods like USDT make it a viable choice for experienced traders seeking competitive conditions.
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 Ukraine Traders

  • Ultra-low spreads from 0.0 pips on Raw accounts, ideal for scalping and high-frequency trading
  • Support for local payment methods: Bank Transfer, Skrill, and USDT for fast, low-cost deposits
  • Multiple trading platforms: MT4, MT5, and cTrader, all optimized for low latency
  • High leverage up to 1:500 (under FSA/SCB licenses) for experienced traders
  • Genuine Islamic account with no hidden fees or time limits

CONS for Ukraine Traders

  • Not regulated by the Ukrainian NSSMC, meaning no local investor protection
  • Minimum deposit of $200 is higher than many competitors, limiting access for beginners
  • No dedicated Ukrainian language support or localized educational materials
  • Withdrawal fees for some methods (e.g., Skrill 1%, Bank Transfer intermediary fees)
📅
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 — Ukraine
  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 Ukraine

IC Markets is a globally recognized forex and CFD broker founded in 2007 in Sydney, Australia. Over the years, it has grown into one of the largest retail brokers in the world, serving clients in over 200 countries, including Ukraine. The broker is known for its ultra-low spreads, deep liquidity, and high execution speeds, making it a popular choice for scalpers and algorithmic traders. For Ukraine traders, IC Markets offers a robust trading environment with support for multiple platforms (MT4, MT5, cTrader) and local-friendly deposit methods like Bank Transfer, Skrill, and USDT. However, the broker is not regulated by the Ukrainian regulator (NSSMC), which means traders must rely on its international licenses from ASIC and CySEC. Despite this, IC Markets remains a top contender for experienced Ukraine traders who prioritize low costs and advanced trading tools over local regulatory comfort.

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 Ukraine?

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

IC Markets offers Islamic (swap-free) accounts for Muslim traders in Ukraine who wish to trade without earning or paying interest (Riba). The account is available on all account types (Standard, Raw Spread, cTrader) and is genuinely swap-free with no hidden fees or time limits. To apply, Ukraine traders need to register a live account, then contact IC Markets support via live chat or email with a request to convert the account to Islamic. The broker typically approves within 24 hours. It is important to note that some brokers charge an administrative fee after a holding period, but IC Markets does not. This makes it a fair option for Ukraine Muslim traders seeking Sharia-compliant trading.

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 Ukraine

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

Customer Support — Ukraine Review

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

Common Mistakes Ukraine Traders Make with IC Markets

  • Mistake: Assuming local regulation applies — Ukraine traders often mistakenly believe IC Markets is regulated in Ukraine. Always verify the broker's licenses on official regulator websites.
  • Using bank transfers for small deposits — Bank transfers can incur high intermediary fees ($10-$20) that eat into small accounts. Opt for USDT or Skrill for deposits under $500.
  • Ignoring the swap on long-term trades — Even with an Islamic account, some traders forget to request it before trading. Without it, overnight swap fees can accumulate, especially on gold and crypto positions.
🔍

IC Markets vs Competitors in Ukraine

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

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

3.6/5
★★★★★

IC Markets is a solid choice for experienced Ukraine traders who prioritize low trading costs, fast execution, and a wide range of instruments. The broker's strong regulatory framework (ASIC, CySEC) provides a level of security, though the lack of a local license means traders must be comfortable with offshore trading. The $200 minimum deposit and support for USDT deposits make it accessible for those with moderate capital. However, beginners may find the platform overwhelming and the lack of local language support challenging. Overall, IC Markets is recommended for scalpers, algorithmic traders, and those seeking competitive spreads, but it may not be the best fit for novice traders or those requiring local regulatory comfort. We give it a score of 3.6 out of 5 for Ukraine traders.

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FAQ — IC Markets for Ukraine Traders

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