TournamentRank

IC Markets

forex broker
Founded: 2007 • HQ: AU • Last verified: 2026-11-14
Overall Rating
Public Formula
8.5 /10

Technical Specifications & Competition Rules

Competition Formats live account, volume based, deposit required
Supported Markets forex, indices, commodities, stocks
Typical Prize Pools $20,000 – $250,000 USD
Entry Barriers & Cost $200 minimum equity Raw Spread trading account minimum opening deposit
Winner Scoring Rule IC Championship: Percentage return on capital (ROI%) with strict drawdown cap
Max Leverage Up to 1:500
Regulation & Licenses
Country Availability Restricted in: US, CA

Verified Advantages

  • ✓ Ultra-tight Raw Spreads starting from 0.0 pips with ultra-low latency ECN execution
  • ✓ Ideal environment for algorithmic scalpers, Expert Advisors (EAs), and cTrader users
  • ✓ Tier-1 ASIC regulation with high institutional trustworthiness

Important Considerations

  • × Competitions are held less frequently than at gamified retail brokers
  • × No recurring weekly demo challenges

7-Pillar Rating Breakdown

Methodology
Rules Transparency 9.0/10
Clarity of calculation, pre-published prizes & deadlines
Payout Record & Proofs 9.5/10
Verified payouts history & absence of unresolved complaints
Fair Scoring Mechanics 7.0/10
Equal starting capital / ROI-based vs volume-gated scoring
Accessibility & Entry Cost 7.5/10
Free entry availability, low minimum barrier to participate
Regulation & Longevity 9.0/10
Recognized regulatory licenses & operating track record
Tournament Variety & Frequency 8.5/10
Regularity of events across crypto, forex, and indices
Verified User Experience No Data
Requires at least 5 verified reviews

Payout Track Record

Top tier Australian ASIC regulation with audited segregation of client funds.

Status: VERIFIED
Transparency Notice: We may earn an affiliate commission when you register through our links. This never alters our numerical scores or criteria evaluation.

Compare IC Markets with Alternatives

See how IC Markets compares side-by-side with other tournament hosts across prize pools, leverage, and scoring fairness.

Frequently Asked Questions about IC Markets

Is IC Markets legit and safe for trading competitions? +

IC Markets operates under regulatory supervision, including ASIC (Australia), CySEC (Cyprus), SCB (Bahamas). Verified past payout track records confirm genuine competition settlements.

Are IC Markets trading competitions free to join? +

Participation typically requires meeting account deposit thresholds or trading volume requirements. Raw Spread trading account minimum opening deposit

How are winners decided on IC Markets? +

IC Championship: Percentage return on capital (ROI%) with strict drawdown cap. Standings are transparently tracked on live leaderboards.

Does IC Markets really pay out prizes? +

Yes, IC Markets has a verified track record of prize distributions without documented unresolved non-payment disputes.

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