IC Markets

Raw-spread CFD broker popular with active traders

Founded 2007 · HQ: Australia / global entities · ASIC, CySEC, FSA Seychelles depending on entity

Min Deposit
$200
Max Leverage
entity-based
EURUSD Spread
0.1 pip
Commission / lot
$7.00
Cashback / lot
Not via ShaFX
Expert Score
9.1 / 5

Offers MT4, MT5, cTrader and TradingView with raw spread account options. Public materials state raw spreads can go as low as 0.0 pips and EUR/USD average around 0.1 pips on Raw Spread accounts; commission is commonly listed at $3.50 per side or $7 round turn per lot.

Pros & cons

✓ Pros

  • Raw spread pricing; multiple platforms; broad CFD range

✗ Cons

  • Entity rules and leverage vary by region; CFD risk is high

Platforms & features

Trading platformsMT4, MT5, cTrader, WebTrader
Account typesStandard, Raw Spread, cTrader Raw Spread, Islamic/swap-free where available
InstrumentsForex CFDs, commodities, indices, bonds, crypto CFDs, stocks, futures
Deposit methodsBank transfer, cards, e-wallets, local methods by entity
Withdrawal methodsBank transfer, cards, e-wallets, local methods by entity
Restricted regionsAvailability varies by legal entity and country

Cashback & transfer rules

Payment modeunknown
Rate typeunknown
Payment timing
Minimum trade duration
Existing account transferunknown
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Moving under ShaFX does not give ShaFX control over your account. ShaFX never asks for trading passwords. Spreads, deposits, withdrawals, and account access remain between you and the broker.

Cashback estimate

Daily lots
Rate / lot
Monthly estimate
Yearly estimate

Assumption: 22 trading days/month. This is an estimate only. Real eligibility depends on broker account type, instrument, trade duration, country rules, and verified reporting.

Expert review

ShaFX lists this broker for transparent comparison. This is educational information, not a recommendation to trade or deposit funds.

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Risk disclaimer: Trading CFDs involves significant risk of loss and is not suitable for all investors. Cashback and rewards do not change underlying market risk. ShaFX is not a broker, does not provide signals, and does not give financial advice. Compare brokers carefully before opening an account, and only trade with capital you can afford to lose. Affiliate disclosure: Some links on this page are partner links — opening an account through them may earn ShaFX a commission at no extra cost to you.