Who owns IC Markets?
As of : IC Markets is run by Raw Trading Ltd, Seychelles. It holds a licence from Seychelles FSA (SD018). The company is private (founder-owned, reportedly 100% via Bud Corporation).
| Ultimate owner | IC Markets (private (founder-owned, reportedly 100% via Bud Corporation)) |
|---|---|
| Operating company | Raw Trading Ltd, Seychelles · reg. 8419879-1 |
| Licences | Seychelles FSA SD018 offshore |
| Website | icmarkets.com |
| Sister brokers | 0 |
| Fines and actions | IC Markets’s own company: 1 · whole IC Markets group: 1 |
| Owner proof | verified |
| Last checked | 14 Oct 2026 |
In numbers
- 1 regulator fine against the owner since 2025.
Licences
| Regulator | Type | Valid | Check it |
|---|---|---|---|
| Seychelles FSA SD018 offshore | — | active | register |
About IC Markets
Sydney-founded raw-spread CFD broker, now rebranding to 'IC'. Its global site is run by Seychelles-licensed Raw Trading Ltd, separate from its Australian and Cyprus entities.
Headquarters: Australia · Founded: 2007 · Ownership: private (founder-owned, reportedly 100% via Bud Corporation)
How we know, and what we could not confirm
How we know: icmarkets.com now redirects to ic.com. 'IC' and 'IC Markets Global' are trading names of Raw Trading Ltd (Seychelles FSA SD018); EU visitors are told to use IC Markets (EU) Ltd (CySEC 362/18).
IC Markets sister sites, fines and sources →
Regulator fines
All 1 concern IC Markets’s own company.
| Date | Company | Regulator / court | Amount | Reason |
|---|---|---|---|---|
| 2025-11-01 | IC Markets (icmarkets.com) | Other: Reserve Bank of India | — | Named on RBI 'Alert List' of forex platforms not authorised to deal with Indian residents (listing, not a fine). Exact list date/day approximate - Nov 2025 version. source |
Ratings elsewhere
- Trustpilot: read the reviews there
Ratings from other websites, with their source. We do not copy their reviews, and they do not change our facts.
Questions and answers
Who owns IC Markets?
Raw Trading Ltd runs it.
Is IC Markets licensed?
Yes. Its operator Raw Trading Ltd holds a licence from Seychelles FSA (SD018).
Has the owner of IC Markets been fined?
1 record on file. The latest: Other: Reserve Bank of India, 2025-11-01.
Is IC Markets legit?
IC Markets is run by Raw Trading Ltd, which holds a licence from Seychelles FSA (SD018). The company is private (founder-owned, reportedly 100% via Bud Corporation). Fines and regulator actions against IC Markets’s own company: 1. Sister sites with the same owner: 0. We do not rate sites. A licence from your country’s regulator is the main protection.
Sources
Last checked 14 Oct 2026. How we check facts. CFDs are complex. Most retail accounts lose money.
