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Broker Dossier
IC Markets
International Capital Markets Pty Ltd · Australia / Seychelles
Not SPK AuthorizedASIC · Australia· 335692CySEC · Cyprus· 362/18
8.1/ 10
Is IC Markets reliable? IC Markets holds licenses from ASIC, CySEC but is not authorized by the SPK in Türkiye, so local investor protection does not apply for Turkish clients.
Verdict
Not SPK AuthorizedIC Markets is regulated abroad but is not SPK-authorized in Türkiye; local investor protection is limited.
4.1/ 58.1 / 10 FX Trust Score1 user reviews
Risk warning. Leveraged forex trading carries high risk and in Türkiye may only be offered by SPK-authorised intermediaries; leverage is capped at 1:10 (half of that may apply if the initial margin at account opening is below TRY 50,000). This content is not investment advice; user statements belong to their authors.
Pros
- Tier-1 regulator (ASIC)
- Verifiable license number
- MT4 / MT5 support
- Established (19+ years)
- Offers a demo account
Cons
- Not SPK-authorized in Türkiye
- Reported user risk signals
Top Complaints
Frequently Asked Questions
Is IC Markets safe?
Our FX Trust Score for IC Markets is 8.1 out of 10. The firm is not authorised by SPK, so legal protection for investors resident in Türkiye is limited. Leading risk flag: spk tarafından yetkilendirilmemiştir. The score is a weighted summary of public data, not a guarantee.
What country is IC Markets from?
IC Markets (International Capital Markets Pty Ltd) states its headquarters as Avustralya / Seyşeller, operating since 2007. Registered regulators: ASIC (335692), CySEC (362/18).
Which company owns IC Markets?
IC Markets states that the brand is operated by International Capital Markets Pty Ltd. Shareholding structure and ultimate beneficial owners could not be verified from public sources and are therefore not listed here; check the entity in the relevant regulator’s official register.
Is IC Markets approved by SPK?
No. IC Markets is not authorised by SPK. It declares ASIC licences, but those do not confer the right to operate in Türkiye. Only SPK-authorised firms may offer forex in Türkiye.
It is regulated globally; however there is no SPK protection in Türkiye, and leveraged trading carries high risk.
User reports include observations about withdrawal times; details are in the complaints section.