IC Markets: who it is and what it owns
As of : IC Markets (private, founder-owned, reportedly 100% via Bud Corporation; Australia) owns 1 broker. 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.
| Ownership | private (founder-owned, reportedly 100% via Bud Corporation) |
|---|---|
| Headquarters | Australia |
| Brokers | 1 broker · 1 website in total |
| Operating companies | 4 |
| Regulator fines | 1 |
| Last checked | 14 Oct 2026 |
Brokers of IC Markets
| Name | Website | Licences | Owner proof |
|---|---|---|---|
| IC Markets | icmarkets.com | Seychelles FSA | verified |
Operating companies and licences
| Company | Where | Licences |
|---|---|---|
| Raw Trading Ltd | Seychelles | Seychelles FSA SD018 offshore |
| IC Markets (EU) Ltd | Cyprus | CySEC 362/18 |
| International Capital Markets Pty Ltd | Australia | ASIC AFSL 335692 |
| IC Markets Ltd | Bahamas | SCB SIA-F214 (one source says SIA-F212) offshore |
Regulator fines
| Date | Regulator / court | Amount | Reason |
|---|---|---|---|
| 2025-11-01 | 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 |
Questions and answers
Which brokers does IC Markets own?
IC Markets owns 1 broker.
Who owns IC Markets?
IC Markets is private (founder-owned, reportedly 100% via Bud Corporation).
Has IC Markets been fined?
Yes. 1 regulator fine on record. The latest: Other: Reserve Bank of India, 2025-11-01.
