Is IC Markets a Scam? Regulation Check 2026

We checked IC Markets's licence in the official CySEC register. Here is what the public records say.

Verdict

IC Markets is NOT a scam. It holds CySEC licence 362/18, authorising it to offer trading services in Estonia.

How to verify on the official register

RegulatorCySEC CySEC
Cyprus Securities and Exchange Commission (CySEC)
Licence Number362/18
Regulated EntityIC Markets (EU) Ltd
Founded2007

What CySEC regulation means

CySEC-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with CySEC directly.

What CySEC regulation means for your money

  • Client funds held in segregated bank accounts, separate from IC Markets's own capital
  • Negative balance protection — you cannot lose more than your deposit
  • Right to file complaints directly with CySEC if IC Markets fails to resolve your issue
  • IC Markets submits to regular independent financial audits under CySEC oversight

Frequently Asked Questions

Is IC Markets a scam or legitimate?

IC Markets is NOT a scam. It holds CySEC licence number 362/18. CySEC is one of the world's most respected financial regulators. The licence is publicly verifiable in the CySEC official register.

How do I check IC Markets's CySEC licence?

Go to the official CySEC website and use the public register search. Search for licence number 362/18 or the entity name. The record will confirm IC Markets's authorisation status and the scope of its permissions.

Are my funds safe with IC Markets?

As an CySEC-regulated broker, IC Markets must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if IC Markets encounters financial difficulties.

What protection do I have as a IC Markets client in Estonia?

In Estonia, IC Markets operates under CySEC supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with CySEC.

70.64% of retail investor accounts lose money when trading CFDs with IC Markets.

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