Skip to content

IC Markets

Raw Trading Ltd

Official site
1strength
Record signature · outer ring 16/25 fields verified · inner ring licences by tier
Licence strength
1pts · formula ↓
Verified licences
1
Regulators
FSA-SC
Founded
Pending verification
Record coverage
64%
MEBIS score
MEBIS /100
MEBIS /100

Data coverage 70% of weight. Scores need ≥60% coverage. Advertising never affects this score. Methodology

  • Regulation 25%55
  • Transparency 15%64
  • Trading conditions 15%75
  • Withdrawal reliability 15%No data yet
  • Execution quality 10%No data yet
  • Customer experience 10%100
  • Technology 5%100
  • Complaint handling 5%No data yet

Field verification

01 / The record

The record. 16 of 25 fields sourced.

Each cell is one tracked field. Lit cells carry a verified source; grey cells are pending verification. Coverage is not a score.

Licence

  • VerifiedLicence number

Identity

  • VerifiedName
  • VerifiedLegal name
  • PendingParent
  • PendingFounded
  • PendingHeadquarters
  • PendingListing
  • VerifiedWebsite

Trading

  • VerifiedPlatforms
  • VerifiedAccount types
  • VerifiedMin deposit
  • VerifiedMax leverage
  • VerifiedInstruments
  • VerifiedSpreads
  • VerifiedCommissions
  • PendingSwaps
  • VerifiedFunding

Conduct

  • VerifiedSupport
  • VerifiedSwap-free
  • PendingExecution
  • PendingLiquidity providers
  • VerifiedRestrictions
  • PendingAccepted countries
  • PendingEducation
  • VerifiedClient money

02 / Licences

Licences. One number on file.

Copied from the linked page, with the entity that holds each one. A pending pass means the regulator was named without a number we could copy.

  • FSA-SC · SeychellesVerified

    Raw Trading Ltd

    SD018

    Seychelles Financial Services Authority

    Securities dealer licence for the provision of financial services. Taken from the broker's own legal disclosure; not cross-checked on the register. The FSA capital markets entity list shows Raw Trading Ltd (trade names include IC Markets Global, IC) but does not print licence numbers, so the number rests on the broker disclosure.

    Broker disclosureIC Markets Global regulation page2 Nov 2026

03 / Licence strength

Licence strength. Every term shown.

A transparent count of the regulators behind this record and the licences read on a register. It is not a safety rating, and a missing score is never a zero.

Licence strength

1points

FSA-SC 1 = 1

FSA-SC +1

All 38 scored records

Higher than 0 of 38 scored records. 4 records have no score yet (pending, not zero).

Formula · every term
RegulatorTierLicencesWherePoints
FSA-SCSeychelles Financial Services AuthorityT31Seychelles+1
Register checks0Licence numbers read on the regulator’s own register+0
Licence strength1
Each distinct regulator with a verified, numbered licence counts once: Tier 1 · major onshore = 3, Tier 2 · mid-tier = 2, Tier 3 · offshore = 1, not in our reference set = 1. Plus 1 per licence read on the regulator’s register. Pending licences add nothing. This is a count of what is on file, not a safety rating. Tiers are Market Explain’s editorial grouping, explained on the methodology page.

04 / Protection by entity

Protection by entity. Rule beside statement.

For each licensed entity: the regulator's own retail rules, what the broker publishes for that entity, and links to check the register yourself.

Segregated client moneyStated

Client money held in segregated client money accounts with top-tier international banks.

IC Markets Global funding page

Client moneyStated

Client money is held in segregated client money accounts with top-tier international banks.

IC Markets Global funding page
  • T3FSA-SC· Seychelles

    Raw Trading Ltd

    No. SD018

    Verified

    Retail leverage cap

    Pending verification

    Negative balance

    Pending verification

    Compensation

    Pending verification

    Broker-published leverage for this entity

    • Up to 1:5000 on FX (tiers 1:5000, 1:3000, 1:1000 by position size); cTrader account 1:1000 · Global site clientssource
    Verify it yourself Register Licence source

Regulator rules are quoted from official pages in our reference set (checked 2 Nov 2026); broker statements are the broker’s own and often apply to one entity or website only. Which entity holds your account is named in your client agreement.

05 / Accounts and costs

Accounts and costs. 5 account rows.

Account terms as the broker publishes them, the EUR/USD floor where the text allows a computation, leverage per entity, fees and payment rails.

Account types · 5 on fileCompare cost floors →
AccountMin depositEUR/USD spreadCommissionFloor / lot RTSource
Raw Spread (MetaTrader)Raw Trading Ltd (Seychelles FSA)USD 0from 0.0 pipsadvertised minimumUSD 3.50 per lot per sideUS$7.00IC Markets Global account overview 2 Nov 2026
Raw Spread (cTrader)Raw Trading Ltd (Seychelles FSA)USD 0from 0.0 pipsadvertised minimumUSD 3.00 per USD 100kNot computableIC Markets Global account overview 2 Nov 2026
StandardRaw Trading Ltd (Seychelles FSA)USD 0from 0.8 pipsadvertised minimumNoneUS$8.00IC Markets Global account overview 2 Nov 2026
Raw ProRaw Trading Ltd (Seychelles FSA)USD 5,000from 0.0 pipsadvertised minimumUSD 1.50 per lot per sideUS$3.00IC Markets Global account overview 2 Nov 2026
Raw Pro+Raw Trading Ltd (Seychelles FSA)USD 100,000from 0.0 pipsadvertised minimumUSD 1.00 per lot per sideUS$2.00IC Markets Global account overview 2 Nov 2026

Floor = advertised EUR/USD spread × USD 10 per pip + commission for both sides, per 100,000 EUR lot. Advertised “from” or average spreads are the broker’s own figures, not measured spreads; real costs are higher when spreads widen.

Leverage by entity · broker-published maximums

  • Raw Trading Ltd (Seychelles FSA)1:5,000

    Up to 1:5000 on FX (tiers 1:5000, 1:3000, 1:1000 by position size); cTrader account 1:1000 · Global site clientssource

Log scale shared by every record, up to the highest ratio published on file (1:10,000). Higher leverage means larger possible losses; retail caps onshore are usually far lower.

Fees and payment rails

Inactivity fee
Pending verification
Deposit fees
IC does not charge additional fees for deposits; intermediary bank fees may apply.IC Markets Global funding page
Withdrawal fees
No additional withdrawal fee charged by IC; intermediary or international bank fees may apply.IC Markets Global withdrawal page
Base currencies
AUD, USD, EUR, CAD, GBP, SGD, NZD, JPY, HKD, CHFIC Markets Global funding page
Deposit methods
Credit/debit cards, PayPal, Neteller, Skrill, UnionPay, Wire transfer, Bpay, FasaPay, Broker to broker, POLI, Thai Internet Banking, Rapidpay, Klarna, Vietnamese Internet Banking, CryptocurrencyIC Markets Global funding page
Withdrawal methods
Bank transfer, Credit/debit card (refund of deposit), Neteller / Skrill / online wallets, Cryptocurrency, Local paymentsIC Markets Global withdrawal page
Support channels
Live chat, Phone, EmailIC Markets Global contact page
Support languages
English, Chinese (simplified), Thai, Indonesian, Korean, German, French, Spanish, Vietnamese, Russian, Arabic, Italian, Bulgarian, Croatian, Chinese (traditional), JapaneseIC Markets Global account overview

06 / Corporate family

Corporate family.

Who sits behind the brand: the parent when a source names it, and each licensed entity with its licences and offices.

Parent

Pending verification

Brand

IC Markets

1 entity · 1 licences

Entities are grouped by the legal name printed on each licence source. A parent is shown only when a page we opened names it. ✓ = licence number read on the regulator’s own register.

07 / Figures on file

Figures on file.

These charts read the same sourced sentences as the fields below. A gap is unverified. It is not a zero and it is not a rating.

  • Deposit

    0 USD

  • Commission

    Verified text has no currency amount

  • Instruments

    Verified text names no catalogued market

Licence numbers on fileCount of licence numbers with a source. Zero means none were copied, not that the firm is unlicensed.

All 42 brokers plotted. Showing top 8.

Markets named in verified textA fixed word list applied to the instruments field. Pending text is left off.

This broker: pending verification.12 of 42 brokers have no verified value and are left off. Showing top 8.

Minimum depositPlotted only when the sourced sentence states a number or says there is no minimum.

13 of 42 brokers have no verified value and are left off. Showing top 8.

Advertised commissionA currency amount copied from a verified commissions field. An advertisement, not a measured cost.

This broker: pending verification.28 of 42 brokers have no verified value and are left off. Showing top 8.

08 / Conditions

Conditions. Field by field.

Identity, trading and conduct. Each field shows its source, the kind of source and the day it was checked.

Identity

Legal name

Verified

Raw Trading Ltd

IC Markets global regulation page · Broker disclosure · Checked 2 Nov 2026

Parent

Pending verification

Checked 2 Nov 2026. No figure is published.A parent company was not named on the regulation page.

Founded

Pending verification

Checked 2 Nov 2026. No figure is published.The about page says IC was incorporated by industry professionals but gives no year.

Headquarters

Pending verification

Checked 2 Nov 2026. No figure is published.Seychelles FSA page lists Raw Trading Ltd at Eden House, 1st Floor, Eden Island, Mahe; the broker page gives no HQ.

Listing

Pending verification

Checked 2 Nov 2026. No figure is published.No listing was confirmed.

Website

Verified

https://www.icmarkets.com/

IC Markets global regulation page · Broker disclosure · Checked 2 Nov 2026

Trading

Platforms

Verified

MetaTrader 4 · MetaTrader 5 · cTrader · TradingView

IC Markets Global account overview · Broker disclosure · Checked 2 Nov 2026Platform menu and account table on the Global site.

Account types

Verified

Global site: Raw Pro+, Raw Pro, Raw Spread (MetaTrader), Raw Spread (cTrader, TradingView) and Standard; Swap Free option on Raw Spread and Standard.

IC Markets Global account overview · Broker disclosure · Checked 2 Nov 2026

Minimum deposit

Verified

USD 0 on Standard and Raw Spread; USD 5,000 Raw Pro; USD 100,000 Raw Pro+.

IC Markets Global account overview · Broker disclosure · Checked 2 Nov 2026Global site.

Maximum leverage

Verified

Up to 1:5000 on FX (MetaTrader accounts), tiered by position size; cTrader account 1:1000. Leverage is described as dynamic.

IC Markets Global leverage and margin · Broker disclosure · Checked 2 Nov 2026Global site (Raw Trading Ltd).

Instruments

Verified

Homepage cites 10,000+ tradable instruments in the headline strip and +2,850 instruments in the sign-up steps.

IC Markets Global home page · Broker disclosure · Checked 2 Nov 2026The two figures on the same page differ; neither is split by asset class.

Spreads

Verified

Spreads from 0.0 pips on Raw accounts and from 0.8 pips on Standard (advertised minimum, selected instruments).

IC Markets Global account overview · Broker disclosure · Checked 2 Nov 2026

Commissions

Verified

Per lot per side: Raw Pro+ USD 1.0, Raw Pro USD 1.5, Raw Spread (MetaTrader) USD 3.5, Raw Spread (cTrader) USD 3.0 per USD 100k, Standard USD 0.

IC Markets Global account overview · Broker disclosure · Checked 2 Nov 2026Global site.

Swaps

Pending verification

Checked 2 Nov 2026. No figure is published.Swap terms were not confirmed.

Deposits and withdrawals

Verified

Over 15 funding options in 10 base currencies, no deposit or withdrawal fee charged by IC; intermediary bank fees may apply.

IC Markets Global funding page · Broker disclosure · Checked 2 Nov 2026

Conduct and access

Support

Verified

24/7 support: live chat, phone +248 467 19 76, email support@ic.com.

IC Markets Global contact page · Broker disclosure · Checked 2 Nov 2026

Swap-free or Islamic

Verified

Swap Free accounts for clients who cannot pay or earn interest for religious reasons, on Raw Spread and Standard. A flat holding fee applies to positions held overnight.

IC Markets Global swap-free account page · Broker disclosure · Checked 2 Nov 2026

Execution

Pending verification

Checked 2 Nov 2026. No figure is published.The execution model was not confirmed.

Liquidity providers

Pending verification

Checked 2 Nov 2026. No figure is published.Not stated.

Restrictions

Verified

Raw Trading Ltd does not serve residents of certain countries such as the United States, Canada, Iran and North Korea.

IC Markets Global home page · Broker disclosure · Checked 2 Nov 2026

Accepted countries

Pending verification

Checked 2 Nov 2026. No figure is published.A country-by-country acceptance list was not copied. The entity that would hold the account has to be checked directly.

Client money

Verified

Client money is held in segregated client money accounts with top-tier international banks.

IC Markets Global funding page · Broker disclosure · Checked 2 Nov 2026

Education and tools

Pending verification

Checked 2 Nov 2026. No figure is published.Education resources were not confirmed.

09 / History and offices

History and offices.

Ownership and regulatory events with the page that states them, and the offices a source names.

  1. Checked 2026

    The global regulation page identifies Raw Trading Ltd, operating as IC, as authorised by the Seychelles FSA under securities dealer licence SD018.

    IC Markets global regulation page

Offices

Pending verification

10 / Warnings, reviews, news

Warnings, reviews, news.

Regulator warning-list checks first. Reviews, complaints and news open only with evidence checks and a licensed feed; reputation is not yet rated.

Regulator warning lists

Not checked yet

No warning list has been searched for this broker yet. That is a gap in our record, not a clean result.

Clone warnings name firms impersonating a real broker; they are not a finding against the broker itself unless the notice says so.

  • Reviews

    None on file

    Opens with evidence checks (account statements, deposit proof) in a later release.

  • Complaints

    None on file

    A complaint desk with broker responses is on the roadmap.

  • News

    None on file

    Headlines will arrive from a licensed feed, with the source named on the story.

11 / Evidence ledger

Evidence ledger. 7 pages opened.

Every field on this record with its status, the page it came from, the kind of source and the day it was checked. Filter it, or follow the source graph.

Ledger · 30 of 42 rows verified
FieldValueChecked
NameIdentityIC MarketsIC Markets global regulation page 2 Nov 2026
Legal nameIdentityRaw Trading LtdIC Markets global regulation page 2 Nov 2026
ParentIdentityPending2 Nov 2026
FoundedIdentityPending2 Nov 2026
HeadquartersIdentityPending2 Nov 2026
ListingIdentityPending2 Nov 2026
WebsiteIdentityhttps://www.icmarkets.com/IC Markets global regulation page 2 Nov 2026
PlatformsTradingMetaTrader 4, MetaTrader 5, cTrader, TradingViewIC Markets Global account overview 2 Nov 2026
Account typesTradingGlobal site: Raw Pro+, Raw Pro, Raw Spread (MetaTrader), Raw Spread (cTrader, TradingView) and Standard; Swap Free option on Raw Spread and Standard.IC Markets Global account overview 2 Nov 2026
Min depositTradingUSD 0 on Standard and Raw Spread; USD 5,000 Raw Pro; USD 100,000 Raw Pro+.IC Markets Global account overview 2 Nov 2026
Max leverageTradingUp to 1:5000 on FX (MetaTrader accounts), tiered by position size; cTrader account 1:1000. Leverage is described as dynamic.IC Markets Global leverage and margin 2 Nov 2026
InstrumentsTradingHomepage cites 10,000+ tradable instruments in the headline strip and +2,850 instruments in the sign-up steps.IC Markets Global home page 2 Nov 2026
SpreadsTradingSpreads from 0.0 pips on Raw accounts and from 0.8 pips on Standard (advertised minimum, selected instruments).IC Markets Global account overview 2 Nov 2026
CommissionsTradingPer lot per side: Raw Pro+ USD 1.0, Raw Pro USD 1.5, Raw Spread (MetaTrader) USD 3.5, Raw Spread (cTrader) USD 3.0 per USD 100k, Standard USD 0.IC Markets Global account overview 2 Nov 2026
SwapsTradingPending2 Nov 2026
FundingTradingOver 15 funding options in 10 base currencies, no deposit or withdrawal fee charged by IC; intermediary bank fees may apply.IC Markets Global funding page 2 Nov 2026
SupportConduct24/7 support: live chat, phone +248 467 19 76, email support@ic.com.IC Markets Global contact page 2 Nov 2026
Swap-freeConductSwap Free accounts for clients who cannot pay or earn interest for religious reasons, on Raw Spread and Standard. A flat holding fee applies to positions held overnight.IC Markets Global swap-free account page 2 Nov 2026
ExecutionConductPending2 Nov 2026
Liquidity providersConductPending2 Nov 2026
RestrictionsConductRaw Trading Ltd does not serve residents of certain countries such as the United States, Canada, Iran and North Korea.IC Markets Global home page 2 Nov 2026
Accepted countriesConductPending2 Nov 2026
EducationConductPending2 Nov 2026
Client moneyConductClient money is held in segregated client money accounts with top-tier international banks.IC Markets Global funding page 2 Nov 2026
Inactivity feeProtection & moneyPending2 Nov 2026
Withdrawal feesProtection & moneyNo additional withdrawal fee charged by IC; intermediary or international bank fees may apply.IC Markets Global withdrawal page 2 Nov 2026
Deposit feesProtection & moneyIC does not charge additional fees for deposits; intermediary bank fees may apply.IC Markets Global funding page 2 Nov 2026
Negative balance protectionProtection & moneyPending2 Nov 2026
SegregationProtection & moneyClient money held in segregated client money accounts with top-tier international banks.IC Markets Global funding page 2 Nov 2026
Compensation schemeProtection & moneyPending2 Nov 2026
Base currenciesProtection & moneyAUD, USD, EUR, CAD, GBP, SGD, NZD, JPY, HKD, CHFIC Markets Global funding page 2 Nov 2026
Deposit methodsProtection & moneyCredit/debit cards, PayPal, Neteller, Skrill, UnionPay, Wire transfer, Bpay, FasaPay, Broker to broker, POLI, Thai Internet Banking, Rapidpay, Klarna, Vietnamese Internet Banking, CryptocurrencyIC Markets Global funding page 2 Nov 2026
Withdrawal methodsProtection & moneyBank transfer, Credit/debit card (refund of deposit), Neteller / Skrill / online wallets, Cryptocurrency, Local paymentsIC Markets Global withdrawal page 2 Nov 2026
Support channelsProtection & moneyLive chat, Phone, EmailIC Markets Global contact page 2 Nov 2026
Support languagesProtection & moneyEnglish, Chinese (simplified), Thai, Indonesian, Korean, German, French, Spanish, Vietnamese, Russian, Arabic, Italian, Bulgarian, Croatian, Chinese (traditional), JapaneseIC Markets Global account overview 2 Nov 2026
FSA-SC licence · Raw Trading LtdLicencesNo. SD018 · SeychellesIC Markets Global regulation page 2 Nov 2026
Account · Raw Spread (MetaTrader)AccountsDeposit USD 0 · EUR/USD from 0.0 pips (advertised minimum) · Commission USD 3.50 per lot per sideIC Markets Global account overview 2 Nov 2026
Account · Raw Spread (cTrader)AccountsDeposit USD 0 · EUR/USD from 0.0 pips (advertised minimum) · Commission USD 3.00 per USD 100kIC Markets Global account overview 2 Nov 2026
Account · StandardAccountsDeposit USD 0 · EUR/USD from 0.8 pips (advertised minimum) · Commission NoneIC Markets Global account overview 2 Nov 2026
Account · Raw ProAccountsDeposit USD 5,000 · EUR/USD from 0.0 pips (advertised minimum) · Commission USD 1.50 per lot per sideIC Markets Global account overview 2 Nov 2026
Account · Raw Pro+AccountsDeposit USD 100,000 · EUR/USD from 0.0 pips (advertised minimum) · Commission USD 1.00 per lot per sideIC Markets Global account overview 2 Nov 2026
Leverage · Raw Trading Ltd (Seychelles FSA)LeverageUp to 1:5000 on FX (tiers 1:5000, 1:3000, 1:1000 by position size); cTrader account 1:1000IC Markets Global leverage and margin 2 Nov 2026