IC Markets Crypto CFDs: Product Profile and Regulation

Overview of IC Markets

Unlike a traditional crypto exchange, IC Markets lets you trade cryptocurrency CFDs, which means you speculate on price movements without owning the underlying coins.

Because IC Markets is a regulated CFD broker, the trading experience is different from using an exchange or a prop firm platform. You don't deal with wallets, blockchain transfers, or on-chain fees. Instead, everything runs through a trading account where crypto, forex, indices, commodities, and shares sit side by side.

Crypto Trading Fees

IC Markets makes cryptocurrency pricing easy to follow because all crypto CFDs are commission-free on every account type and every platform.

Your crypto trading costs come from spreads and overnight swaps. For forex and metals, the pricing model changes depending on whether you use the Standard or Raw Spread account:

Standard Account: spread-only pricing, no commissions on any asset, and forex spreads starting around 1.0 pip. Raw Spread Account: raw spreads, commission only on forex and metals ($3.50 per side on MT4/MT5 or $3.00 per side on cTrader/TradingView), and crypto remains spread-only.

The spreads are competitive for the crypto markets IC Markets offers.

Crypto Pair	Min Spread (USD)	Commission
Bitcoin (BTC/USD)	$12.0	$0
Ethereum (ETH/USD)	$2.89	$0
Litecoin (LTC/USD)	$1.05	$0
BCH (BCH/USD)	$1.56	$0
Cardano (ADA/USD)	$0.001	$0
Ripple (XRP/USD)	$0.008	$0

Commission rates are fair, and there are no internal fees for deposits or withdrawals. Costs can rise on some niche markets.

Crypto Markets

IC Markets only offers 22 cryptocurrency CFDs covering the main majors and a handful of well known altcoins. The smaller list gives you a simple selection without hundreds of fringe tokens.

BTC

ETH

LTC

XRP

SOL

ADA

AVAX

DOGE

Although forex, indices and commodities coverage is solid, the crypto range is very limited compared to brokers offering hundreds of crypto CFDs. If you are looking for a wide market choice you'll find IC Markets more restrictive than many other crypto providers.

Trading Platforms and Tools

You can trade crypto CFDs on MT4, MT5, cTrader, and TradingView, so you aren't locked into a single platform. Each option works slightly differently, especially with automation, charting tools, and order types.

MetaTrader 4

MetaTrader 5

cTrader

TradingView

MT4 is the simplest platform in the set and suits traders who only need basic charting and automated strategies. You can use Expert Advisors (EAs) for crypto trading, and most bots designed for forex will run the same way on crypto charts.

MT5 has more indicators, more timeframes and depth-of-market data. All 22 crypto CFDs are available on MT5.

cTrader gives you advanced charting, custom indicators, and a detailed depth-of-market window. You can automate crypto trading using cBots built in C#. The layout is cleaner than MT4 and MT5, making it easier to manage multiple charts.

TradingView focuses on charting, with hundreds of indicators, drawing tools, and access to Pine Script for custom strategies. It also gives you community-built indicators and alerts that work well for tracking fast-moving crypto markets.

IC Markets supports MetaTrader 4, MetaTrader 5, cTrader and TradingView. Each platform supports both manual and automated trading.

Safety and Availability

The Australian service reviewed here is provided by International Capital Markets Pty Ltd, which declares AFS licence number 335692 in its current CFD PDS (document body dated 25 September 2026). ASIC's financial services licensee register extract dated 8 October 2026 lists AFS licence 335692 for International Capital Markets Pty Ltd. The provider may accept or reject an application, and the client must pass the required suitability test before trading; these selected conditions do not establish individual eligibility or form an exhaustive account-opening checklist.

Funding and Withdrawals

You can fund your account using cards, bank transfers, and several online payment systems. Most methods do not incur added costs. Withdrawals are processed during business hours, and processing times depend on the payment method.

The $200 minimum deposit is high compared to low cost alternatives. While the broker supports common funding methods, availability varies by region.

Risk and Trading Rules

For Australian retail cryptocurrency CFDs, the PDS states leverage of up to 2:1, which corresponds to a 50% margin at that ceiling. The margin actually applied to a contract can differ from that ceiling and can change, so the current contract margin should be checked on the platform rather than assumed from the maximum.

Final Thoughts on IC Markets

IC Markets supports MT4, MT5, cTrader, and TradingView, and its Australian issuer, International Capital Markets Pty Ltd, holds AFS licence 335692.

Its drawbacks are in areas where traders may feel more restricted, such as the limited crypto market list, the higher $200 minimum deposit, and differences in leverage depending on which IC Markets entity you register under.