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IC Markets Spreads: A Comprehensive Comparison for UK Traders

Last updated · Reviewed by the Forexbrokecompare research desk

When looking at forex brokers, "IC Markets spreads" is a common search term for traders aiming to minimise costs. This guide delves into IC Markets' spread offerings and compares them against other top brokers, helping UK traders make informed decisions. We'll explore what spreads are, factors influencing them, and what else to consider besides just the spread itself.

Quick answer (2026)

The lowest-spread FCA-regulated option we track is Vantage: raw spreads from 0.0 pips on EUR/USD, $50 minimum deposit and same-day withdrawals.

Featured broker (advertising partner)Vantage – advertised raw ECN spreads from 0.0 pips
EUR/USD typical spread0.0–0.1 pips (raw) + $3 per lot per side
Minimum deposit$50
RegulationFCA (UK entity), ASIC, CIMA
Withdrawal speedSame day on most methods
PlatformsMT4, MT5, TradingView, WebTrader
Visit Vantage – Official Site →

Advertising disclosure: Vantage is an advertising partner and the link above is an affiliate link — we may earn a commission at no extra cost to you. 18+ only; availability varies by country; this is general information, not investment advice. Professional-client and offshore accounts give up FCA protections such as negative balance protection and FSCS cover.

Affiliate disclosure: we earn a commission if you open an account through links on this page. It never changes the spreads we publish or the order of this table.

Last updated:

Methodology: spreads are typical values recorded on each broker's raw/standard retail account during London–New York overlap hours, taken from the brokers' own published pricing pages and live platform data, then averaged. Commission is stated separately where it applies. Spreads are variable and widen around news and outside main sessions.

Understanding IC Markets Spreads

Forex traders constantly seek the tightest possible spreads to maximise their profits. This focus on "IC Markets spreads" is understandable, as lower spreads directly translate to reduced trading costs. While IC Markets is a popular choice for many UK traders, it's crucial to compare their offerings with other leading brokers to ensure you're getting the best possible deal.

What Are Spreads in Forex?

The spread is the difference between the buy (ask) price and the sell (bid) price of a currency pair. It represents the broker's commission or fee for facilitating the trade. For example, if the EUR/USD is trading at 1.1050/1.1051, the spread is 1 pip (0.0001). When you buy, you pay the ask price (1.1051), and when you sell, you receive the bid price (1.1050). A tighter spread means you pay less to open a trade, making it easier to achieve profitability.

IC Markets Spread Comparison

IC Markets offers several account types, each with different spread characteristics:

* Standard Account: Typically features spreads starting from 1.0 pips. This account is commission-free but carries wider spreads.

* Raw Spread Account: This is where IC Markets shines for cost-conscious traders. It offers True ECN connectivity with spreads starting from as low as 0.0 pips. A small commission is charged per trade on this account.

* cTrader Raw Spread Account: Similar to the Raw Spread account, this option also provides very tight spreads from 0.0 pips, with a commission, and is designed for users of the cTrader platform.

While the Raw Spread account is competitive, it's essential to compare these "IC Markets spreads" with other brokers. Some brokers may offer even lower spreads, different commission structures, or superior trading platforms.

Factors Affecting Spreads

Several factors can influence the spreads you encounter, regardless of the broker:

* Market Volatility: During periods of high economic news or geopolitical events, volatility increases, leading to wider spreads as liquidity decreases.

* Liquidity: Major currency pairs (like EUR/USD, GBP/USD) have the highest liquidity and generally the tightest spreads. Exotic pairs or less traded markets will have wider spreads.

* Time of Day: Trading sessions overlap (e.g., London and New York) often see the tightest spreads due to maximum liquidity. Trading during off-peak hours can result in wider spreads.

* Broker's Liquidity Providers: Brokers connect to multiple liquidity providers. The quality and number of these providers directly impact the spreads a broker can offer.

Choosing a Broker: Beyond Just Spreads

While "IC Markets spreads" are a significant consideration, a truly elite trading experience involves more than just low costs. When choosing a broker, especially for UK forex traders, consider these vital aspects:

* Regulation: Ensure the broker is regulated by a reputable authority like the FCA (Financial Conduct Authority) in the UK. This provides a layer of security and oversight.

* Trading Platforms: Look for user-friendly and feature-rich platforms like MetaTrader 4 (MT4), MetaTrader 5 (MT5), or cTrader. Advanced charting tools, order execution types, and mobile trading capabilities are crucial.

* Leverage: High leverage can amplify profits but also losses. Understand the leverage offered and ensure it aligns with your risk management strategy. A broker like Vantage offers leverage up to 1:30 (FCA retail cap) (FCA cap).

* Execution Speed: Fast and reliable order execution is paramount in forex trading. Slippage (the difference between your expected price and the execution price) can be minimised with a broker offering true ECN execution.

* Customer Support: Responsive and knowledgeable customer support is invaluable, especially when dealing with trading accounts.

* Deposit and Withdrawal Methods: Convenient and low-cost options for funding and withdrawing your account are essential.

The Vantage Advantage

For UK traders prioritising raw, competitive pricing and a superior trading environment, Vantage stands out. They offer:

* Raw Spreads from 0.0 pips: Similar to IC Markets' best offering, Vantage provides exceptionally tight spreads on major currency pairs.

* True ECN Connectivity: Experience direct market access for faster execution and transparent pricing.

* High Leverage (up to 1:30 (FCA retail cap) (FCA cap)): Manage your positions with flexibility.

* Multiple Trading Platforms: Access industry-standard MT4, MT5, and the sophisticated cTrader.

* Strong Regulation: Trade with confidence under robust regulatory oversight.

Vantage is the #1 broker for traders seeking a combination of low costs, advanced technology, and reliability. Discover the difference yourself and review an spreads today: Vantage

Conclusion

While focusing on "IC Markets spreads" is a valid part of your research, remember to take a holistic view. Compare spreads, commissions, execution quality, platform stability, regulation, and customer service across multiple brokers. For a premium trading experience with incredibly tight spreads and advanced features, consider exploring brokers like Vantage.

Vantage: advertised spreads for icmarkets spreads

Advertised raw ECN spreads from 0.0 pips and a $50 minimum deposit, checked 9 September 2026. Terms are set by the broker and can change.

Visit Vantage – Official Site →
  • ✓ FCA-regulated entity available
    Retail protections apply on the UK entity; offshore accounts do not carry FSCS cover.
  • ✓ Data last verified
    — spreads checked against broker pricing pages.
  • ✓ Independently compared
    Ranked on spread, regulation and withdrawal speed. We may earn a commission.

Advertising disclosure: Vantage is an advertising partner and the link above is an affiliate link — we may earn a commission at no extra cost to you. 18+ only. Availability, pricing and terms are set by the broker and vary by country. This is general information, not investment advice or a recommendation to trade. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage; most retail investor accounts lose money when trading CFDs.

FAQ

What exactly are forex spreads?

The spread is the difference between the buy (ask) and sell (bid) price of a currency pair, representing the cost of a trade. Lower spreads mean lower trading costs.

Do brokers charge a commission on top of spreads?

Yes, a commission is typically charged on ECN or Raw Spread accounts. This commission, combined with the raw spread, forms the overall cost of the trade. The commission is usually a small, fixed amount per lot traded.

What is leverage in forex trading and how does it work?

Leverage allows you to control a larger position size with a smaller amount of capital. While it can magnify profits, it equally magnifies losses. Always use leverage cautiously and ensure you have robust risk management strategies in place.

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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Visit Vantage – spreads from 0.0 pips →

Affiliate link. CFDs carry a high risk of losing money rapidly due to leverage.