Brokers  /  IC Markets

IC Markets

Severe risk
🇸🇨 Seychelles · 5-10 years · since 2020-12-18 · IB of International Capital Markets Pty Ltd
ASIC
Visit site ↗
—/5
★★★★★ ★★★★★
6 reviews ›
1
Licenses ›
5
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
85/100
Scam risk ›
0
Clone sites ›
▲ 0% positive▼ 100% negative
Independent ratingshow third parties score this broker
WikiFX1.53/10
Trustpilot—/5
Forex Peace Army—/5
85
Severe risk
Scam Risk Scoremonitored · 2026-07-06
Lower riskHigher risk
  • Listed as “Fake Broker” in industry watchdog records
  • Identified as a clone / impersonator firm
  • Registered in Seychelles (offshore, light oversight)
  • 6 user exposure/complaint reports filed
  • Withdrawal complaints in ~83% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age2215%
Clone / impersonation10012%
Withdrawal & exposure complaints10012%
Offshore registration808%
Transparency (site/info/social)7510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameIB of International Capital Markets Pty Ltd
Headquarters🇸🇨 Seychelles
Founded2020-12-18
Years operating5-10 years
Employees0
Official websiteicmarketsaz.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
ASICMarket Making (MM)335692Australia—

Review analysis AI

Across 6 recent Trustpilot reviews, 100% are 1–2 star. The single most common complaint is being unable to withdraw funds (5 reports) — the classic warning sign in forex.

0
Period:
What users complain about
Where reviewers are from
Hong Kong4
Pakistan1
Malaysia1
Positive vs negative · last 2 months Pos Neg
Sep
Mar

Real user reviews

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About IC Markets

IC Markets is a forex and CFD broker based in Seychelles, with records dating to 2020-12-18. It reports oversight from ASIC.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

Overview compiled by FXCanary from regulatory records and public data. full IC Markets review