IC Markets sits on shortlists because of raw-style accounts and a choice of MT4, MT5, and cTrader — not because a review promised you a fill. This is a Peak Pips research note. ASIC and CySEC names exist; they are not interchangeable. Open the entity that actually covers you.
All-in cost is spread plus commission plus the gold ticket at news, which is never the EURUSD banner. Execution reputation is anecdotal until you demo and then send a small live clip. Peak Pips does not quote your spread.
Snapshot (confirm live)
Typical cost: raw-style pricing. Min. deposit: often cited around $200. Regulation: ASIC / CySEC (entities vary). Platforms: MT4 / MT5 / cTrader. Withdrawals: bank and e-wallets on most entities; confirm name-match rules.
What we can actually check
- Which legal entity is on the application.
- Whether the raw ticket adds commission on the same round-turn as the banner spread.
- Whether cTrader and MetaTrader show the same contract spec for gold.
- Whether a small live clip and a withdrawal complete.
Who this note is for
Traders who care about all-in cost on majors and gold and can read a commission line. Also compare Pepperstone if you want the same style of stack. For a simpler web ticket see easyMarkets.
What we skip
Unverifiable monthly volume and “best ECN” slogans. A tight EURUSD print is not your gold fill.
Next: how to choose a broker, verify a licence, spread vs commission, the reviews hub, and the risk disclaimer.
This note sits in the ten-desk research index so each broker has a URL Google can crawl on its own. Use that index to pick a second name, then compare on the same account type.