MyFxBots In-Depth Review of IC

The current account overview lists Standard, Raw Spread for MetaTrader, and Raw Spread for cTrader, which also connects with TradingView. The site also lists Raw Pro and Raw Pro+ as new accounts with “Get early access” links; their displayed minimums are substantially higher, so they should not be treated as ordinary open-to-all retail choices. Swap-free availability is stated for Standard and Raw Spread accounts on MetaTrader 4, MetaTrader 5 and cTrader. The swap-free terms say overnight holding fees may apply, and the relevant spreads and commissions still apply. A demo account is offered. Social copy-trading is available through the IC Social app; the public site does not establish that this is a managed-account service. Institutional clients are mentioned, but detailed institutional account terms are not publicly set out on the reviewed pages. No money-management account offering was verified.

The funding page advertises more than 15 funding options and lists credit/debit cards, PayPal, Neteller, Skrill, UnionPay, wire transfer, broker-to-broker transfer, Bpay, POLi, Thai and Vietnamese internet banking, Rapidpay, Klarna and cryptocurrency (BTC, ETH, USDC and USDT). Regional availability and supported currencies differ by method. The site shows instant processing for several electronic methods, while wire-transfer deposits are estimated at 2–5 business days. Withdrawal requests must be submitted through the secure client area. The site says it charges no additional deposit or withdrawal fees, but bank, intermediary and payment-provider fees may apply; it also reserves the right to apply a processing fee in certain cases, including deposits not used for trading. Card withdrawals are estimated at 3–5 business days after processing, potentially longer, and international wire withdrawals may take up to 14 days. Third-party payments are not accepted; withdrawal routing can be restricted to previously used methods.

The displayed Standard account has spreads from 0.8 pips and no trading commission per lot. The MetaTrader Raw Spread account advertises spreads from 0.0 pips and a commission of USD 3.50 per lot per side. The cTrader Raw Spread account lists commission of USD 3 per USD 100,000 traded. These are advertised starting terms, not guaranteed live prices; spreads can widen and vary by instrument and market conditions. Overnight financing, swap-free holding fees, currency conversion and external payment charges may add to costs.

The global website advertises leverage up to 1:5000 and says leverage is dynamic and may change. The maximum is not a promise for every client or instrument: margin requirements and permitted leverage can vary by product and account circumstances. High leverage magnifies both gains and losses, and the site’s risk disclosure warns that losses may exceed potential profits and, in some cases, the amount deposited.

The website currently promotes a deposit bonus and links to separate terms and conditions. The promotion is subject to eligibility, jurisdiction and account conditions; the bonus should not be treated as cash or assumed to be withdrawable. Check the current terms in the client area before depositing, because availability can change and may not extend to every client.

Available choices shown on the website include MetaTrader 4, MetaTrader 5, cTrader, TradingView-linked access and a browser-based WebTrader. The IC Social app is also presented for social trading. The reviewed global pages do not give a single complete compatibility matrix for desktop operating systems, browser versions and mobile app availability, so clients should confirm support for their device and region before opening an account.

The website advertises more than 2,850 instruments, including 61 forex pairs, stock CFDs, global index CFDs, commodities, futures CFDs, bonds and digital-asset products. These are leveraged derivative products where offered, not necessarily direct ownership of the underlying asset. Instrument availability and trading specifications depend on the relevant product and account terms.

The current global website identifies Raw Trading Ltd as the provider behind IC and states that it is authorised by the Seychelles Financial Services Authority as a Securities Dealer under licence SD018. The site says client money is held in segregated accounts with international banks and describes internal compliance and risk controls. These are provider disclosures, not guarantees against loss or insolvency. The reviewed material does not establish a separate compensation scheme or confirm negative-balance protection for every client. The Seychelles licence should not be confused with authorisation by regulators in Australia, the UK or the European Union.

Support is advertised as available 24 hours a day, seven days a week through live chat, email and telephone. The site lists [email protected] and general telephone number +248 467 19 76, as well as regional phone numbers for some countries. The public contact page does not specify a complete language-by-channel schedule; confirm language coverage when contacting support.

The website provides a Help Centre and product, platform and market information. The reviewed pages do not confirm a structured course or a current schedule of live educational webinars. Educational material can help explain platform features but does not substitute for independent risk assessment.

The site provides product specifications, pricing information and market-related resources. Some analysis and service details may depend on the platform or client area. A complete, current list of research feeds, calendar tools and regional availability was not established from the public pages reviewed.

TradingView’s official results for its 2025 Broker Awards list IC’s legacy trading name, IC Markets, as the winner of “Social Champion.” This is a platform community award and should not be read as a regulatory endorsement or a guarantee of service quality.

IC may suit traders who value several platform choices, raw-spread pricing and a broad CFD catalogue. Before opening an account, compare the commission and financing costs, verify the payment methods available in your country, and identify which legal entity will hold the account. The Seychelles-regulated global offer and its dynamic high leverage warrant particular care; leveraged CFDs are not suitable for everyone.