IC Trading review

Regulated by

Financial Services Commission of Mauritius (FSC), GB21026834

Regulator tier

Tier 2

Register entry

Mauritius FSC register, licence GB21026834

Client money segregated

Yes

Held at

Regulated banking institutions

Negative balance protection

Yes

Compensation scheme

No statutory investor compensation scheme

Audited by

Independent external auditor

Not available to

United States, Canada, Israel, New Zealand, Iran, North Korea and jurisdictions where services would contravene local law

Check the licence on the regulator's own site, not on a link somebody sent you.

IC Trading's licence is offshore (FSC). Offshore entities typically offer higher leverage and lighter reporting, and compensation schemes do not apply - the trade-off is protection, not price.

An FSC licence (Mauritius or Belize, depending on the entity) is an offshore authorisation with lighter reporting duties than a tier-one regulator.

Check the licence yourself: the Mauritius FSC register of licensees.

Legal entity

Capital Point Trading Ltd

Company number

Mauritius Global Business Company

Headquarters

Mauritius

Founded

2022

Publicly listed

No

Parent company

Independent

Employees

Approx. 50-200

Also trades as

IC Trading

Deposit methods

Visa, Mastercard, bank transfer, PayPal, Skrill, Neteller, cryptocurrency and regional payment methods

Withdrawal methods

Bank transfer, cards, e-wallets and supported original funding methods

Deposit time

Many electronic methods instant; bank transfers typically 2-5 business days

Withdrawal time

Typically processed within 1 business day; settlement varies by method

Minimum withdrawal

$1 equivalent

Local payment methods

Country-specific bank transfers and regional electronic payment methods

Spread from

0.0 pips

EUR/USD spread

Approx. 0.1 pips, Raw Spread

GBP/USD spread

Approx. 0.3 pips, Raw Spread

Commission

$3.50 per side / $7 round turn, Raw Spread

All-in cost, EUR/USD

Approx. 0.8 pips

Spread type

Variable

Overnight swap

Both: overnight swaps may be charged or credited; triple swap Wednesday

Deposit fee

None internally

Withdrawal fee

Generally none internally; payment-provider/bank charges may apply

Currency conversion

Conversion at applicable exchange rate

An offer that beats the market by a wide margin is the most reliable warning sign there is.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

IC Trading lists a minimum deposit of $200. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Markets

Forex, Stocks, Indices, Commodities, Metals, Energies, Cryptocurrencies, Bonds, Futures

Currency pairs

60+

Total instruments

2,850+

Crypto CFDs

Yes

Maximum leverage

1:500

Execution model

ECN-style / Raw pricing, liquidity-provider execution

Execution speed

Under 40ms

Order types

Market, limit, stop, stop-loss, take-profit, trailing stop and platform-specific advanced orders

Servers

Equinix NY4 and LD5

Leverage up to 1:500 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.

IC Trading covers forex, stocks, indices, commodities, metals, energies, cryptocurrencies, bonds, futures. A wider range matters less than depth in the instruments you actually trade.

Funding options: visa, mastercard, bank transfer, paypal, skrill, neteller, cryptocurrency and regional payment methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Platforms

MetaTrader 4, MetaTrader 5, cTrader, TradingView

Own platform

No

Mobile app

Third-party

Browser trading

Yes

Automated trading

Yes, MT4/MT5 Expert Advisors and cTrader automated trading

Copy trading

Yes

Indicators

30+ MT4, 38+ MT5, extensive cTrader/TradingView indicators and custom indicators

Third-party tools

MetaTrader 4, MetaTrader 5, cTrader, TradingView

API access

Yes, cTrader Open API/FIX and institutional connectivity

MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.

MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.

cTrader shows depth of market and level II pricing, and is usually paired with raw-spread accounts rather than fixed-spread ones.

TradingView integration lets you trade from charts you may already use, removing the need to run a second platform for analysis.

Minimum deposit

$200

Account types

Standard, Raw Spread, Raw Spread cTrader, Islamic/Swap-Free, Demo

Account currencies

AUD, USD, EUR, GBP, SGD, NZD, JPY, CHF, CAD, HKD

Islamic account

Yes

Demo account

Yes

Professional account

Yes, high-volume/institutional services available

Minimum trade size

0.01 lots

Time to open

Typically a few minutes

Support hours

24/7

Contact channels

Live chat, email, Help Centre

Languages

Multilingual

Telephone

+230 820 4900

Email

support@ictrading.com

Live chat response

Typically under 2 minutes

Education

Extensive: trading education, webinars, platform tutorials, articles, forex education and trading guides

Research

Market analysis, technical/fundamental commentary, trading calculators, market news and trading insights