IC Markets Review
Overall, IC Markets gives Emiratis global access under tier-one oversight, bridging Australia’s ASIC, Cyprus’s CySEC, and the Seychelles FSA.
It attracts Emirati traders who follow international sessions, prefer transparent execution, and expect competitive spreads whether trading from a desk, mobile app, or web browser.
 | Minimum Deposit: $200 Regulated by: FSA Leverage: Up to 1:500 |
IC Markets Key Facts And Contact Details
| Category | Details |
| 🏦UAE Office Address | Not in UAE, nearest offices are in Seychelles, Australia, Cyprus, Kenya, and the Bahamas |
| 📧Email Support | [email protected] |
| 📞Phone Support (UAE) | Not in UAE, traders can use the international line Call +248 467 19 76 (standard international rates may apply) |
| 💬Live Chat | Available 24/7 through the IC Markets website |
| ⏱️Customer Support Hours | 24/7 support via live chat, email, and phone |
| ⏳Office Operating Hours | Monday to Saturday, 7 am to 7 am AEST, Sunday to Friday, 10 pm to 10 pm GMT |
| 🌐Official Website | www.icmarkets.com |
| 🚀 Sign up | 👉Open Account |
5 Best Forex Brokers in UAE
Rank | Broker | Review | Regulators | Min Deposit | Official Site |
🥇 |  | Read Review | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA | $10 | Visit Broker |
🥈 |  | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | $100 | Visit Broker |
🥉 |  | Read Review | FSCA, FCA, FSA, DFSA, CMA, St. Vincent & the Grenadine | $0 | Visit Broker |
#4 |  | Read Review | FSC, ASIC, CySEC | $5 | Visit Broker |
#5 |  | Read Review | ASIC, CySEC, IFSC, DFSA, FCA | $5 | Visit Broker |
How Safe Is Your Money With IC Markets in the UAE?
IC Markets isn’t licensed by the SCA or DFSA, but your account is still covered under several international regulations. Each regulator applies client fund rules that dictate how your deposits are managed, audited, and insured.
| Regulator / Authority | Region / Country | License / Registration No. | Status / Description |
| Seychelles Financial Services Authority (FSA) | Seychelles | SD018 | Ensures segregation of client funds, independent audits, and capital adequacy requirements. |
| Securities Commission of the Bahamas (SCB) | The Bahamas | SIA-F214 | Provides oversight for certain international accounts. Offers a regulatory layer that recognises global AML standards. |
| Australian Securities and Investments Commission (ASIC) | Australia | AFS 335692 | Enforces strict client fund handling and reporting. While UAE residents can’t open directly under this licence, ASIC’s standards shape IC Markets’ wider risk and compliance framework. |
| Cyprus Securities and Exchange Commission (CySEC) | Cyprus | CIF 362/18 | Falls under EU MiFID II regulation. Eligible traders get European investor protection laws, including compensation rights up to €20,000 and mandatory negative balance protection for retail accounts. |
| Capital Markets Authority (CMA) | Kenya | 199 | Regional African regulator that recognises IC Markets for East African operations. Though not used by UAE residents, the CMA licence reinforces the broker’s compliance reach. |
| Minimum Deposit: $0 Regulated by: FCA, FSA, DFSA, FSCA, CMA Leverage: Up to 1:1000 |
IC Markets Account Types, and What To Expect
An IC Markets account can affect how much you lose to fees, how fast orders are executed, and whether your style (scalping, algo, swing) is accommodated. IC Markets gives you a few options, including:
| Live Account | Minimum Dep. | Open an account | Leverage | Commissions |
| Standard (MT4 / MT5) | USD 200 (or equivalent) | Up to 1:1000 | None (spread only) | |
| Raw Spread (MT4 / MT5) | USD 200 | Up to 1:1000 | $3.50 per lot (per side) | |
| Raw Spread (cTrader) | USD 200 | Up to 1:1000 | $3.00 per $100k (per side) |
MetaTrader Standard Account
| Account Feature | Value |
| 💻 Trading Platforms | MetaTrader 4, MetaTrader 5 |
| 📉 Spread Pips | From 0.8 pips on major pairs |
| 💰 Minimum Deposit | $200 |
| 📈 Maximum Leverage | Up to 1:1000 |
| 💹 Trading Instruments | Indices, forex, commodities, metals, bonds, crypto, shares |
| 🏆 Best For | Emiratis who prefer a single all-in price with no commission math, or anyone building steady portfolios across multiple asset classes |
| ✅ Advantages | Reliable execution through NY4 infrastructure, trading freedom for manual and automated strategies |
| 🚀Sign up | 👉Open Account |
MetaTrader Raw Spread Account
| Account Feature | Value |
| 💻 Trading Platforms | MT4, MT5 |
| 📉 Spread Pips | From 0.0 pips, EUR/USD averages around 0.1 |
| 💰 Minimum Deposit | $200 |
| 📈 Maximum Leverage | Up to 1:1000 |
| 💹 Trading Instruments | Shares, forex, indices, metals, crypto, commodities, bonds |
| 🏆 Best For | Experienced UAE traders who prefer direct access pricing and algorithmic trading with low-latency execution |
| ✅ Advantages | Tight institutional spreads for precision trading, access to over 25 liquidity providers, deep liquidity, compatible with EAs and advanced strategies |
| 🚀Sign up | 👉Open Account |
cTrader Raw Spread Account
| Account Feature | Value |
| 💻 Trading Platforms | cTrader, TradingView |
| 📉 Spread Pips | From 0.0 pips, EUR/USD typically near 0.1 |
| 💰 Minimum Deposit | $200 |
| 📈 Maximum Leverage | Up to 1:1000 |
| 💹 Trading Instruments | Commodities, crypto, metals, forex, indices |
| 🏆 Best For | UAE traders who rely on transparency, prefer cTrader’s layout, or chart on TradingView before execution |
| ✅ Advantages | Level II market depth with full order-book visibility, no restrictions on scalping or order distance |
| 🚀Sign up | 👉Open Account |
Demo Account
| Account Feature | Value |
| 💻 Trading Platforms | MT4, MT5, cTrader |
| 🛠️ Features | Real-time pricing, unlimited demo accounts, adjustable leverage and balance, expires after 30 days of inactivity |
| 🏆 Best For | Traders in the UAE who want to experience IC Markets’ live pricing, explore different setups, or compare trading speed |
| 🚀Sign up | 👉Open Account |
Islamic Account
| Account Feature | Value |
| 💻 Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader |
| 📉 Spread Pips | From 0.0 on Raw, from 0.8 on Standard |
| 💰 Minimum Deposit | $200 |
| 📈 Maximum Leverage | Up to 1:1000 |
| 💹 Markets Offered | Crypto, indices, metals, forex, commodities |
| 🏆 Best For | Muslim traders across the UAE who follow Sharia law and want access to global markets without overnight interest charges |
| ✅ Advantages | Swap-free access with no riba, spreads and execution identical to standard accounts, access to IC Markets’ entire product range across MT4, MT5, and cTrader |
| 🚀Sign up | 👉Open Account |
Step-By-Step Guide To Setting Up Your IC Markets Account
If you live in the UAE, you’ll already know that access to regulated global brokers can be limited. IC Markets solves this with a setup that doesn’t rely on local licences but still meets international trading standards. The sign-up process is simple, and here are the steps:
1. Visit the IC Markets Website
Go to IC Markets’ website and select Open a Live Account.
2. Select Country and Enter Personal Details
Choose the United Arab Emirates as your country of residence and enter your name, email address, and phone number.
3. Confirm Age Eligibility
Confirm that you’re over 18 before moving to account setup.
4. Choose Your Account Type
Choose the account type (Standard or Raw Spread).
5. Select Your Trading Platform
Select your preferred platform: MetaTrader 4, MetaTrader 5, or cTrader.
6. Decide on Islamic (Swap-Free) Account Option
Choose whether to activate an Islamic (swap-free) account now or request conversion later through customer support.
7. Choose Your Base Currency
Choose a base currency from IC Markets’ list. AED isn’t supported, and your deposits will be converted automatically by your bank or payment provider.
8. Submit the Registration Form
Submit your form, then check your inbox for a confirmation email containing your Secure Client Area access details.
9. Verify Your Email and Access the Secure Client Area
Log in to upload your verification documents: passport, Emirates ID, or driver’s licence, plus a recent proof of address like a utility bill or bank statement issued within 180 days.
10. Upload Verification Documents
Compliance reviews your information. Once approved, your login credentials appear in the client area.
11. Await Compliance Approval
Fund your account through the Secure Client Area using your card, PayPal, Skrill, Neteller, or bank transfer.
12. Fund Your Trading Account
Card and e-wallet deposits process instantly, while bank transfers may take several business days to clear.
13. Download and Connect Your Trading Platform
Download and connect your chosen trading platform using the credentials provided.
14. Request Islamic Account Conversion (If Applicable)
If you skipped the Islamic option during sign-up, message support to convert your account to swap-free after activation.
| Minimum Deposit: $200 Regulated by: FSA Leverage: Up to 1:500 |
IC Markets Vs Top Alternatives (XM and IG)
| IC Markets | XM | IG | |
| ⚖️ Regulation | ASIC, CySEC, SCB, FSA, CMA | FCA, CySEC, ASIC, FSCA, FSC, FSA | DFSA, FCA, BaFin, CySEC, FSCA, MAS, FINMA, ASIC, CFTC, NFA, JFSA, BMA |
| 📱 Trading Platform | MT4, MT5, cTrader, TradingView | MT4, MT5, XM App | MT4, MT5, IG App, Web, TradingView, ProRealTime |
| 💰 Withdrawal Fee | No | No | Yes |
| 📊 Demo Account | Yes | Yes | Yes |
| 📈 Minimum Deposit | $200 | $5 | $50 |
| 📈 Leverage | 1:1000 | 1:1000 | 1:200 |
| 📊 Spread | From 0.0 pips (Raw) | From 0.8 pips (Ultra Low) | From 0.6 pips |
| 💰 Commissions | $3.5 per lot (Raw MT), $3 (cTrader) | Yes (Shares only) | From $0.02 per share |
| ✴️ Margin Call/Stop-Out | 100% / 50% | 50% / 20% | 100% / 50% |
| ✴️ Order Execution | Market execution, no requotes | Under 1 second | Market, DMA, instant depending on platform |
| 💳 No-Deposit Bonus | No | No | No |
| 📊 Cent Accounts | No | No | No |
| 📈 Account Types | Standard, Raw (MT/cTrader), Islamic, Demo | Standard, Ultra Low, Shares, Islamic, Demo | Standard CFD, Limited-Risk, Premium, Pro, Demo |
| ⚖️ SCA, DFSA, or ADGM Regulation | None | None | DFSA |
| 💳 AED Deposits | No | No | No |
| 📊 UAE Dirham Account | No | No | No |
| 👥 Customer Service Hours | 24/7 (chat, email) | 24/7 (multilingual) | 24/5 (global) |
| 📊 Retail Investor Accounts | Yes | Yes | Yes |
| ☪️ Islamic Account | Yes (swap-free) | Yes (swap-free on request) | Yes |
| 👉 Open account | 👉Open Account | 👉Open Account | 👉Open Account |
| Minimum Deposit: $0 Regulated by: FCA, FSA, DFSA, FSCA, CMA Leverage: Up to 1:1000 |
Overview Of IC Markets Trading Software
A market week in the UAE is from Sunday to Thursday for domestic venues, while global CFDs fluctuate across the entire international cycle. IC Markets bridges the gap by offering feature-rich MetaTrader 4 and 5, precision depth on cTrader, and TradingView charting via the cTrader link.
Social and signal solutions cover copy from Pelican-powered IC Social to ZuluTrade and Signal Start, with included risk controls.
IC Social
IC Social integrates with your IC Markets MetaTrader account and gives you a moderated community feed, trade copying, and one-to-one chat.
Key Features
- MT4 account linking with in-app trade tickets for mirrored entries and exits.
- Performance dashboards that plot equity, drawdown, and win rate for followed traders.
- Allocation controls that let you set fixed-size or percentage-based copy sizing per strategy.
IC Social is ideal for UAE traders who want a mobile social layer tied to a live MT4 account with copy risk limits enforced at the trade level.
ZuluTrade
ZuluTrade gives you a marketplace of ranked signal providers with transparent metrics and account-level protection settings. ZuluRank surfaces track records and stability, while ZuluGuard steps in when performance deviates from your thresholds.
Key Features
- Provider filters for max drawdown, trade duration, and required equity.
- Per-provider capital caps and stop parameters at portfolio level.
- Native apps on major devices for monitoring and adjustment during active sessions.
ZuluTrade is ideal for UAE traders who compare global providers by quantified rankings and prefer automated protection that intervenes on drawdown breaches.
Signal Start
Signal Start focuses on hosted copy for MT4/MT5 with quick account linking and Myfxbook-grade analytics. The service remains connected on its side, and copied trades continue without your device online.
Key Features
- Trade-by-trade pause and stop controls without disconnecting the master link.
- Uptime monitoring with account status notifications for interruptions.
- Per-strategy risk multipliers with fixed or proportional lot sizing.
Signal Start is ideal for UAE traders who want a set-and-monitor copy layer with built-in performance analytics.
MetaTrader 4
MetaTrader 4 on IC Markets ties into Equinix NY4 with cross-connects to pricing providers and leading VPS partners. The Raw Spread setup delivers executable streaming quotes from a liquidity mix, while zero minimum order distance supports scalping and tight protective orders.
Key Features
- MultiTerminal for managing multiple live accounts from a single interface.
- Micro-lot support from 0.01 with one-click trading templates for partial closes.
- Autochartist market scanner embedded for pattern and level detection.
MetaTrader 4 is ideal for UAE scalpers who prioritise NY4 latency with zero-distance stops on Raw pricing during London and New York overlap.
MetaTrader 5
MetaTrader 5 is well-known for its Depth of Market, which shows volume of different price levels, and MQL5, plus the improved strategy tester.
Key Features
- Stop Limit and trailing stop order types with server-side execution.
- Integrated economic calendar panel with country and impact filters.
- Access to the MQL5 Marketplace for indicators, EAs, and paid signal services.
MetaTrader 5 is ideal for UAE traders who want multi-asset exposure with DOM transparency and MQL5 testing under NY4 connectivity.
cTrader
cTrader connects through Equinix LD5 and adds VWAP tools and Smart Stop Out logic. Transparency on quoted size per level helps with execution planning, and the interface offers detailed trade reports.
Key Features
- Session analytics and detailed trade statistics for execution review.
- Detachable charts and multi-screen layouts for complex workspaces.
- cAlgo C# automation with native editor and optimisation tools.
cTrader is ideal for UAE traders who want LD5 routing with Level II depth for scaling orders through visible liquidity.
IC Markets VPS
IC Markets partners with IC VPS and ForexVPS to keep algos live near the trading servers with sub-millisecond latency. Qualification for free tiers depends on monthly lots across forex and metals, with higher tiers offering more CPU and RAM.
Key Features
- Session analytics and detailed trade statistics for execution review.
- 24/7 multilingual technical support from partner providers.
- Remote Desktop access from desktop and mobile for quick session recovery.
IC Markets VPS is ideal for UAE algorithmic traders who need persistent low-latency hosting and plan to meet the monthly lot thresholds.
TradingView
TradingView access at IC Markets is provided via the cTrader integration, pairing TV’s charting with IC Markets’ pricing and execution. You get extensive community indicators, a rules-based alert system, and a multi-asset screener with corporate feeds.
Key Features
- Multiple chart types with custom drawing templates and saved styles.
- Synchronised layouts and watchlists across desktop and mobile apps.
- Pine Script editor with publishing and access to community libraries.
TradingView is ideal for UAE chartists who want advanced alerts and deep indicator libraries with order routing through cTrader to IC Markets pricing.
Market Coverage And Trading Instruments
Trading through IC Markets from the UAE gives you access to most global markets that connect directly with regional interests like energy, finance, and technology. Here’s an overview of some popular markets and instruments in the UAE:
| Market Type | Market Description | Examples/Popular Instruments | Reasons Why Emirati Traders Should Be Familiar With This Type |
| 📈 Stock CFDs | Trade shares of major global companies through CFDs, without owning the underlying stock. | Meta Platforms (META.NAS), Exxon Mobil (XOM.NYSE), Shell PLC (SHEL.NYSE), Goldman Sachs (GS.NYSE), Alphabet (GOOGL.NAS) | U.S. and global equities dominate UAE portfolios. Traders in Dubai and Abu Dhabi often follow Big Tech, global energy, and financial firms for diversification beyond regional markets.. |
| 🏦 Forex CFDs | Access global currency pairs linked to commodities, global policy, and trade flows. | USD/CAD, GBP/JPY, AUD/USD, EUR/JPY, USD/SGD | The UAE’s economy revolves around oil, trade, and finance. These pairs connect directly with oil prices, Asian session volatility, and cross-border capital flows. Many Emirati traders use Forex CFDs to track currency shifts that affect import costs and oil-linked revenues. |
| 🧾 Futures CFDs | Speculate on global futures contracts without handling physical delivery or large margin requirements. | WTI_Q5 (Crude Oil – WTI Futures), BRENT_U5 (Brent Crude Futures), DXY_U5 (Dollar Index Futures), GCQ25 (Gold Futures) | Energy benchmarks like Brent and WTI are closely followed across the UAE, while gold and the dollar index give traders portfolio hedges. |
| 📊 Index CFDs | Track entire stock markets through a single contract, ideal for macro or sector-based trading. | JP225 (Japan 225 / Nikkei), F40 (France 40 / CAC 40), SWI20 (Switzerland 20), SE30 (Sweden 30), SA40 (South Africa 40) | UAE traders often follow global equity indices as part of macro and sector hedging. |
| 💵 Bonds CFDs | Trade global government bond prices as CFDs for yield or defensive positioning. | UST10Y, UST30Y, UST05Y, EURBUND, JGB10Y | UAE institutions hold large reserves in U.S. Treasuries, making bond CFDs familiar territory. They appeal to traders who monitor rate expectations. |
| 🛢️ Commodities CFDs | Trade popular commodities across energy, metals, and agriculture. | Gold Futures, Brent Crude Oil, WTI Crude, Natural Gas, Wheat | Gold and oil are household names in the UAE. With Dubai’s gold market and national oil exports, these commodities attract both speculators and hedgers. |
| 🚀 Crypto CFDs | Trade leading digital currencies against the USD. | XRPUSD (Ripple), BNBUSD (Binance Coin), DOTUSD (Polkadot), ADAUSD (Cardano) | The UAE is a recognised crypto hub, with Dubai leading regional blockchain adoption. Many traders follow Ripple’s institutional links and Binance’s strong local presence. |
| Minimum Deposit: $0 Regulated by: FCA, FSA, DFSA, FSCA, CMA Leverage: Up to 1:1000 |
IC Markets Pricing Structure
IC Markets offers one of the most competitive pricing environments you’ll find from an offshore broker. Raw accounts start from 0.0 pips with small commissions, while Standard accounts roll that cost into the spread.
There’s no VAT or additional UAE-based charge layered onto trades, and all pricing is quoted transparently in USD, not AED.
What spreads can I expect?
Spreads vary depending on your account type. Raw Spread accounts trade almost at the interbank level, while Standard accounts wrap a small cost into the spread.
UAE traders who use a Raw account can expect nearly zero-pip quotes on EUR/USD and tight pricing on commodities, indices, bonds, and crypto.
| Instrument | Raw Spread (Min) | Raw Spread (Avg) | Standard Spread (Min) | Standard Spread (Avg) |
| EUR/USD | 0.0 pips | 0.02 pips | 0.8 pips | 0.82 pips |
| USD/CAD | 0.0 pips | 0.25 pips | 0.8 pips | 1.05 pips |
| USD/CHF | 0.0 pips | 0.19 pips | 0.8 pips | 0.99 pips |
| Gold (XAU/USD) | 0.00 | 1.08 | – | – |
| Brent Oil Spot | 0.03 | 0.034 | – | – |
| DE40 (Germany) | 0.50 | 1.34 | – | – |
| Euro Bund | – | 0.011 | – | – |
| Japan 10Y (JGB) | – | 0.034 | – | – |
| BNB/USD | 1.266 | 1.415 | – | – |
What are IC Markets’ commission fees?
Commissions apply only to Forex and Metals under Raw accounts. If you use MetaTrader 4 or 5, the cost is fixed per lot. On cTrader or TradingView, it’s calculated per $100,000 traded. UAE clients pay the same rates as international traders; the base currency determines what you’ll see charged.
| Platform / Currency | Per Lot (1 Side) | Round Turn | Applies To |
| MT4/MT5 – USD Account | $3.50 | $7.00 | Forex, Metals |
| MT4/MT5 – EUR Account | €3.25 | €6.50 | Forex, Metals |
| MT4/MT5 – GBP Account | £2.75 | £5.50 | Forex, Metals |
| cTrader / TradingView | $3.00 per $100k | $6.00 per $100k | Forex, Metals |
What happens to overnight positions?
If you keep trades open overnight, swap or rollover rates apply. These depend on what you trade, your position size, and whether the position is long (buy) or short (sell).
In forex, the charge reflects the interest rate gap between currencies, and triple swaps are charged midweek to cover the weekend. The swap values fluctuate daily, and you must check the rate on your platform before you hold long-term positions.
Do Islamic Accounts face admin fees?
Yes, IC Markets replaces swaps with a fixed daily holding fee after a grace period of five days for most instruments. The fee is flat per day, including weekends.
| Instrument | Daily Fee (per base unit) |
| EUR/USD | 3 |
| GBP/USD | 2 |
| USD/JPY | 9 |
| XAU/USD | 12 |
| BTC/USD | 13 |
| DE40 | 3 |
What happens to dormant accounts?
If your IC Markets account stays inactive for more than two years, a $10 monthly fee applies until your balance reaches zero or you resume trading. This charge doesn’t affect live accounts with open trades or demo accounts.
It’s simply a maintenance deduction for unused accounts, and it only starts after two full years of inactivity.
Does IC Markets charge internal fees on withdrawals?
Some withdrawals from IC Markets can involve fees. International bank transfers typically have a charge of about AUD 20, which is passed on from the bank provider.
How does IC Markets charge fees when I deposit or withdraw in AED?
AED deposits or withdrawals are automatically converted into your account’s base currency (usually USD) at the spot exchange rate at the time of processing. IC Markets doesn’t apply markup; the conversion happens internally via standard liquidity pricing.
Depositing And Withdrawing Money with IC Markets
UAE traders can fund or withdraw using international and region-friendly options, including cards, e-wallets, and bank transfers. Your deposits and withdrawals are managed using the IC Markets personal dashboard.
How can I deposit to IC Markets from the UAE?
| Deposit Method | Currency | Deposit Time |
| Credit / Debit Card | USD, EUR, GBP, AUD, CAD, SGD, JPY, NZD | Instant |
| PayPal | USD, EUR, GBP, AUD, CAD, SGD, JPY, HKD | Instant |
| Neteller | USD, EUR, GBP, AUD, CAD, SGD, JPY | Instant |
| Skrill | USD, EUR, GBP, AUD, SGD, JPY | Instant |
| Bank Wire Transfer | USD, EUR, GBP, AUD, CAD, SGD, CHF | 2–5 business days |
| Broker to Broker | USD, EUR, GBP, AUD, CAD, SGD, HKD | 2–5 business days |
| Rapidpay | EUR, GBP | Up to 2 business days |
| Klarna | EUR, GBP | Up to 2 business days |
Depositing to IC Markets – Step-by-Step
- Log in to your IC Markets client area. Use the secure login on the official website.
- Select “Deposit Funds.”
- Choose a deposit method.
- Enter your details. Remember that the bank account must be in your name and match the name on your trading account.
- If your account is in USD and you fund in AED, IC Markets converts it automatically at the live exchange rate.
- Authorise the transaction.
How can I withdraw funds from IC Markets to a UAE bank account?
| Withdrawal Method | Currency | Withdrawal Time |
| Bank Wire Transfer | USD, EUR, GBP, AUD, CAD, SGD, CHF | 3–5 business days (up to 10) |
| Credit / Debit Card | USD, EUR, GBP, AUD, CAD, SGD, JPY | 3–5 business days |
| PayPal | USD, EUR, GBP, AUD, CAD, SGD, HKD | Instant once processed |
| Neteller | USD, EUR, GBP, AUD, CAD, SGD, JPY | Instant once processed |
| Skrill | USD, EUR, GBP, AUD, SGD, JPY | Instant once processed |
Withdrawing from IC Markets – Step-by-Step
The best withdrawal method for UAE-based traders is an international bank transfer, especially with larger sums. Here’s how it works:
- Log in to your IC Markets client area.
- Go to the “Withdraw Funds” section.
- Select “Bank Transfer.” Use the same account name as your trading profile; mismatched names cause delays.
- Enter your bank details, and include the IBAN and SWIFT code for your UAE bank. Emirates NBD, Mashreq, ADCB, and FAB all support incoming USD and EUR transfers.
- Submit your request before noon AEST.
- Track your funds.
IC Markets Training, Market Analysis, and More
| Tool | Description | Purpose for Traders |
| Blog and Market Commentary | Daily posts covering price action, macro shifts, and technical setups across global and regional markets. | Keeps UAE traders on top of major market drivers before global sessions overlap with Gulf trading hours. |
| Podcasts | Episodes discussing macro themes, global policy shifts, and market psychology. | Offers context on how international trends affect USD, oil, and emerging market currencies relevant to Gulf trading. |
| Advanced Trading Tools | A professional add-on suite for MetaTrader that includes Trade Terminal, Alarm Manager, and Correlation tools. | Helps UAE traders execute and monitor multiple markets efficiently during overlapping London and Dubai sessions. |
| Forex and CFD Education | Covers how forex and CFD markets function, including leverage, margin, and timing. | Builds foundational understanding for traders managing high-leverage strategies in volatile oil-linked markets. |
| Trading Central | Analytical platform with strategy signals, trend forecasts, and price pattern recognition. | Enables technical confirmation for UAE traders who rely on chart-driven entries during high-volume hours. |
| Web TV | Short market updates streamed from the NYSE floor focusing on currency and commodity movements. | Delivers quick global insights before the UAE evening trading window opens. |
| IC Insights by TipRanks | Data analytics dashboard with sentiment analysis, analyst trends, and price targets. | Offers deeper market positioning insights for UAE traders tracking equity indices and global sentiment. |
| Trading Calculators | Margin, pip value, and commission calculators linked to live rates. | Saves time for UAE traders calculating position size in USD or AED-based funding accounts. |
| Videos | Step-by-step tutorials on platform setup, trading basics, and platform functions. | Provides immediate, practical support for traders onboarding MetaTrader or cTrader accounts. |
| Webinars | Live sessions covering strategy refinement, volatility plays, and trade psychology. | Gives UAE traders real-time education that aligns with current global economic conditions. |
| Forex News and Economic Calendar | Tracks scheduled events, interest rate releases, and key macro data. | Allows UAE traders to plan around market-moving announcements overlapping with Gulf trading hours. |
| Glossary | Concise definitions of trading and financial terms used across the platform. | Acts as a quick reference for traders reviewing reports or analytics in real time. |
| TeamViewer Support | Remote assistance through direct technical access for account setup or troubleshooting. | Ensures UAE traders can resolve platform or login issues quickly without losing trading time. |
| Minimum Deposit: $0 Regulated by: FCA, FSA, DFSA, FSCA, CMA Leverage: Up to 1:1000 |
Does IC Markets Offer Bonuses In The UAE?
No, not traditional bonuses. The Raw Trader Plus program focuses on traders who keep their volume high when they trade forex or metals.
What is the idea behind Raw Trader Plus?
Raw Trader Plus is IC Markets’ ongoing rebate model for active UAE traders. It pays back part of your trading costs when you meet monthly lot thresholds in forex and metals.
The program suits anyone who manages Expert Advisors, manual scalping systems, or day trading positions with consistent volume.
What can I earn?
| Tier | Monthly Closed Lots | Rebate per FX/Metals Lot |
| Tier 1 | 100 | $1.50 |
| Tier 2 | 1,000+ | $2.25 |
| Tier 3 | 2,000+ | $2.50 |
How can I join from the UAE?
- Email [email protected] to request enrollment.
- Complete KYC.
- Trade at least 100 standard lots monthly.
- Maintain trading activity for three consecutive months.
- Keep your account active to retain eligibility and rebates.
IC Markets Partnership Programme
IC Markets gives you several ways to earn beyond your own trades. Whether you refer traders, manage client portfolios, or run an investment group, each programme lets you earn from activity.
| Programme | How It Works | Best For | Earnings |
| Introducing Broker (IB) | Refer traders and earn per lot on every trade. Higher volume means higher commission. | UAE trading coaches, influencers, and educators. | Up to $1.00 per lot (Forex & Metals). |
| Multi-Level Partnership | Build sub-IB networks and earn from their referrals too. | Introducers or academies with large client bases. | Tiered commissions from all levels. |
| MAM (Multi-Account Manager) | Trade across multiple client accounts from one master account. | Licensed fund managers and advisers. | Profit share and management fees. |
| PAMM (Percentage Allocation) | Pool client funds and distribute results by contribution. | Experienced traders running group funds. | Performance-based profit share. |
IC Markets Support Channels
| Customer Support | IC Markets Customer Support |
| ⏰Operating Hours | 24/6 global coverage. |
| 🔊Support Languages | English (main), plus limited coverage in Indonesian, Thai, and Vietnamese |
| 👥Live Chat | 24/6 on the IC Markets website |
| ☎️Email Address | [email protected], [email protected], [email protected] |
| 🏆Telephonic Support | Call +248 467 19 76(Seychelles). Standard international rates apply from the UAE. |
| 📍The overall quality of IC Markets Support | Consistent, experienced, and time-zone aware. Though there’s no UAE branch, the offshore desks handle MENA clients efficiently |
What Awards Has IC Markets Won Recently?
| 🗓️ Year | 🏅 Award Title | 🌍 Event / Notes |
| 2025 | Best Lowest Spread Forex Broker | Awarded by FXEmpire |
| 2025 | Best Forex/CFD Broker in APAC 2024 | Granted by TradingView |
| 2024 | Best Broker of the Year 2024 | Presented by Followme |
| 2024 | Best MetaTrader Broker | Ranked by ForexBrokers.com |
| 2024 | Best in Class – Commissions & Fees | Named by ForexBrokers.com |
| Minimum Deposit: $0 Regulated by: FCA, FSA, DFSA, FSCA, CMA Leverage: Up to 1:1000 |
Our Final Verdict On IC Markets
IC Markets gives UAE traders global access under respected regulators and pricing that appeals to all market participants. MetaTrader, cTrader, and TradingView trading is fast, transparent, and compatible with automation. Education, research tools, and multilingual support round off the package.
The absence of a local SCA or DFSA licence might deter cautious investors, and funding in AED involves conversion costs.
However, IC Markets remains an ideal choice for traders who value market-depth data, reliable execution, and international oversight over local representation.
Pros And Cons Of Trading With IC Markets in the UAE
| 🟢 Pros | 🔴 Cons |
| Rebates through the Raw Trader Plus programme for active traders | Islamic accounts apply holding fees after five days |
| Fast execution through NY4 and LD5 servers with deep liquidity | No local phone support or UAE-based office |
| 24/7 multilingual support that understands MENA time zones | Inactivity fee applies after two years of no trading |
| Advanced tools like Autochartist, Trading Central, and IC Social included | AED not available as a base currency |
| Multiple global regulators | No local SCA or DFSA licence for UAE residents |
| cTrader and TradingView integration ideal for chart-focused traders | |
| Access to Raw Spread and Standard accounts | |
| Instant deposits through cards, PayPal, Skrill, and Neteller |
IC Markets Review Detailed Summary
| Category | |
| 🌟 Company Name | IC Markets |
| 📅 Year Founded | 2007 |
| 🏢 Head Office | Sydney, Australia |
| ☎️ Head Office Telephone | Not publicly specified |
| 👥 Active Traders Globally | Over 200,000 clients globally |
| 🛡️ Is IC Markets Safe? | Yes |
| 🌍 Regulatory Bodies | ASIC, CySEC, FSA (Seychelles) |
| 🌎 Accept UAE Clients | Yes |
| 🛡️ Negative Balance Protection | Yes |
| 💵 Account Types | Standard / Raw Spread / cTrader Raw Spread |
| 🌍 Account Opening Languages | Multiple languages (global site multilingual) |
| ⏱️ Account Opening Time | Under 30 seconds for demo / few minutes for live |
| 💰 Minimum Deposit | USD 200 minimum deposit |
| 🏦 Deposit Methods | Bank transfer, credit/debit card, e-wallets |
| 🌟 Islamic Account Available | Yes |
| 📊 Demo Account Available | Yes |
| 💼 Welcome Bonus | None currently |
| ⚡ Deposit Processing Time | Varies by method (usually instant for cards/e-wallets) |
| 💹 Leverage | Up to 1:500 (global), 1:30 (EU) |
| 📊 Spreads | From 0.0 pips (Raw Spread accounts) |
| 🔄 Swap-Free Accounts | Yes |
| ⚡ Scalping Allowed | Yes |
| 🛡️ Hedging Allowed | Yes |
| ⚙️ Trading Platforms | MT4, MT5, cTrader, TradingView |
| 🖥️ Desktop App | Yes |
| 📱 Mobile App | Yes |
| 🌍 Trading Products | Forex, Indices, Commodities, Stocks, Crypto (limited) |
| 🏦 Major Pairs Available | Yes |
| 🛠️ Technical Tools | Market depth, EAs, TradingView integration |
| 📈 Charting Tools | MT4/5/cTrader advanced charting |
| 📊 Advanced Indicators | Yes |
| ⏳ Time Frames | Multiple time frames (1 min to 1 month) |
| 🌟 AutoChartist | Not confirmed |
| 📚 Learning Materials | Basic guides & webinars |
| 🛠️ Trading Tools | VPS hosting, copy trading, auto-trading tools |
| 📱 Social Media Platforms | Facebook, YouTube, LinkedIn, Instagram |
| Yes | |
| 📹 YouTube | Yes |
| Yes | |
| Likely yes | |
| 🪙 Deposit Fee | No deposit fees |
| 🏦 Withdrawal Fee | Varies by method (some may apply) |
| 💸 Inactivity Fee | No inactivity fee |
| 💵 Commission Fee | $3.50 per lot per side (Raw Spread accounts) |
| 💳 Payment Methods | Bank, card, e-wallets |
| 🔄 STP (Straight Through Processing) | Yes (STP/ECN execution) |
| 🌐 VPS Hosting | Yes |
| ⚙️ API Trading Support | Likely supported via cTrader/MT5 API |
| 🖥️ Copy Trading | Yes (Myfxbook, ZuluTrade etc.) |
| 📈 Forex Trading | Yes |
| 📉 Indices CFDs | Yes |
| 🛢️ Commodity CFDs | Yes |
| 📊 Stock CFDs | Yes |
| 🇦🇪 UAE-Specific Features | Yes – swap-free accounts for UAE clients |
| 💵 Local Payment Methods | Not specified for UAE |
| 🏦 UAED Account Availability | Likely USD/EUR accounts (verify for AED) |
| 💰 Low Minimum Deposit | USD 200 minimum deposit |
| 📞 Localized Customer Support | Global 24/7 support (verify regional) |
| 🎁 Bonuses & Promotions | None currently |
| 📈 Market Access | Wide market access – Forex + CFDs |
| 🌟 Beginner Friendliness | Good for beginners |
| 📚 Education Quality | Moderate education quality |
| 💵 Deposit & Withdrawal | Generally good (depending on region) |
| 📊 Platform Quality | High quality (MT4/5/cTrader) |
| 💬 Customer Service Quality | Good overall, some mixed reviews |
| 🌟 Trustworthiness | High trust level (due to regulation & track record) |
Where The Information In This Review was Sourced From
- Cyprus Securities and Exchange Commission (CySEC)
- Dubai Financial Services Authority (DFSA)
- TipRanks
- IC Markets Official Website
- TradingView Awards
| Minimum Deposit: $0 Regulated by: FCA, FSA, DFSA, FSCA, CMA Leverage: Up to 1:1000 |
Common IC Markets FAQs
Can traders in the UAE use MT4, MT5 and cTrader at IC Markets?
Yes, IC Markets gives access to MetaTrader 4, MetaTrader 5, cTrader, and TradingView with full functionality for UAE users.
Can I open an IC Markets live account from the UAE?
Yes, UAE residents can register online by selecting the United Arab Emirates during sign-up.
Is IC Markets legal for traders in the UAE?
Yes, IC Markets accepts UAE residents under international licences from Seychelles, Cyprus, Australia, and the Bahamas.
Does IC Markets hold a UAE regulatory licence or local permit?
No, IC Markets isn’t licensed by the DFSA or SCA, but it operates under multiple international tier-one regulators.
Can I open multiple accounts with IC Markets UAE under one name?
Yes, you can open more than one account and manage them under the Secure Client Area.
What is the policy at IC Markets regarding margin calls and stop-outs in the UAE?
Margin calls occur at 100%, and stop-out levels trigger at 50% depending on the account type.
What leverage does IC Markets UAE offer?
IC Markets allows leverage up to 1:1000 on all major account types.
Does IC Markets UAE support copy trading or social trading?
Yes, IC Markets supports IC Social, ZuluTrade, and Signal Start for trade copying and social interaction.
Does IC Markets offer a swap-free (Islamic) account?
Yes, IC Markets provides swap-free accounts for Muslim traders in the UAE that comply with Sharia law.
What educational resources does IC Markets provide to UAE traders?
IC Markets offers blogs, webinars, videos, podcasts, and Trading Central analytics accessible to all UAE clients.
Does IC Markets UAE offer negative balance protection?
Yes, CySEC-regulated accounts include negative balance protection for retail traders.
How long do withdrawals take at IC Markets UAE?
Withdrawals usually take 3 to 5 business days, depending on the withdrawal method chosen.
What CFDs and markets can UAE traders access with IC Markets?
UAE traders can access forex, commodities, indices, bonds, crypto, metals, and share CFDs globally.
What are the spreads and commission charges at IC Markets for UAE clients?
Spreads on Raw accounts start from 0.0 pips with a $3.50 commission per lot on MetaTrader and $3 per $100k on cTrader.
Which deposit methods can I use to fund IC Markets UAE accounts?
UAE traders can use cards, PayPal, Skrill, Neteller, or bank transfer directly through the client area.
Does IC Markets charge inactivity or maintenance fees?
Yes, a $10 monthly inactivity fee applies after two years without trading activity.
How responsive is IC Markets’ customer support for UAE clients?
Support is available 24/6 via live chat, email, and phone, with offshore desks managing MENA clients efficiently.
What is the minimum deposit at IC Markets for a UAE resident?
The minimum deposit is USD 200 or equivalent across Standard, Raw Spread, and cTrader accounts.
Are there withdrawal fees or limits on IC Markets for UAE users?
Yes, international bank transfers have a charge of about AUD 20, depending on the bank.
How can I withdraw profits from IC Markets UAE?
Log in to your client area, choose Withdraw Funds, select bank transfer or e-wallet, and follow the instructions.
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