IC Markets Review Thailand 2025 — Best for Low Spreads?
IC Markets is the best forex broker for Thai traders who prioritise execution quality and the lowest possible spreads. Raw spread accounts average 0.0–0.1 pips on EUR/USD — making it one of the most cost-efficient brokers globally.
IC Markets at a Glance
| Feature | Details |
|---|---|
| Founded | 2007, Sydney Australia |
| Regulation | ASIC (Australia), CySEC (Cyprus), SCB (Bahamas) |
| Min. Deposit | $200 |
| Raw Spreads | From 0.0 pips (EUR/USD avg 0.02 pips) |
| Platforms | MT4, MT5, cTrader |
| Execution | STP/ECN, avg 35ms |
| THB Deposits | ✅ Thai bank transfer, Skrill, Neteller |
Spreads — The Best in Class
IC Markets consistently ranks as having the tightest spreads among retail forex brokers. In our testing, EUR/USD raw spread averaged 0.02 pips during London session. Adding the $3.50/lot commission, the all-in cost is approximately 0.37 pips per round turn — exceptional value for active traders.
| Account Type | Min. Deposit | EUR/USD Spread | Commission |
|---|---|---|---|
| Raw Spread (MT4/MT5) | $200 | From 0.0 pips | $3.50/lot each way |
| Raw Spread (cTrader) | $200 | From 0.0 pips | $3.00/lot each way |
| Standard | $200 | From 0.8 pips | None |
Best For Thai Scalpers and EA Traders
- Ultra-fast execution — NY4 and LD4 servers, average 35ms fill speed
- cTrader platform — preferred by algorithmic and professional traders
- VPS hosting — free VPS for traders with $500+ balance and 5+ lots/month
- No restrictions on strategies — scalping, hedging, and EAs all permitted
- Deep liquidity — 25+ liquidity providers, no requotes
Pros and Cons
| Pros | Cons |
|---|---|
| ✅ Best raw spreads in retail FX | ❌ $200 minimum deposit |
| ✅ ASIC regulated | ❌ Less Thai-language support than Exness |
| ✅ cTrader + MT4 + MT5 | ❌ No THB-denominated accounts |
| ✅ Free VPS for active traders | ❌ No bonuses or promotions |
Verdict
IC Markets is the top choice for Thai scalpers, day traders, and algorithmic traders. If you trade more than 10 lots per month, the raw spreads will save you significant money versus standard-account brokers. For beginners, start with Exness or XM and move to IC Markets when volume justifies it.
⚠️ Risk Warning: 74-89% of retail CFD accounts lose money. Affiliate links present. Last updated: March 2025.