IC Markets licence record
Is IC Markets regulated by the FSA (Seychelles)?
Yes, according to our records. IC Markets is matched to a licence from the Financial Services Authority Seychelles (Seychelles). Confirm it on the register before relying on it.
Search the FSA (Seychelles) register FSA (Seychelles) warnings All IC Markets licences
What the FSA (Seychelles) licence means
Based on our licence database, IC Markets holds a licence from the Financial Services Authority Seychelles (FSA (Seychelles)), the financial regulator for Seychelles. We classify the FSA (Seychelles) as tier 4 — light / offshore. Light-touch offshore licensing, registration-only jurisdictions or self-regulatory dispute bodies. Minimal practical protection.
For IC Markets clients whose account is held by its FSA (Seychelles)-regulated entity, the key protections are: compensation — No compensation scheme; retail leverage — No statutory cap; negative balance protection — not a regulatory requirement (may be offered contractually); client money — Securities Dealer licence conditions. Disputes can be taken to FSA Seychelles.
IC Markets is also matched to licences from ASIC, CySEC, CMA (Kenya) and SCB. ASIC, CySEC, CMA (Kenya) and SCB are rated higher than the FSA (Seychelles) in our methodology, so if you are eligible for those entities you may get stronger protection.
Protection at a glance
- Regulator tier
- Tier 4 — Light / offshore
- Compensation scheme
- No compensation scheme
- Retail leverage
- No statutory cap
- Negative balance protection
- Not a regulatory requirement
- Client money
- Securities Dealer licence conditions
- Complaints
- FSA Seychelles
How to verify this licence
- Open IC Markets's client agreement or website footer and note the exact company name and FSA (Seychelles) licence number.
- Search that name or number on the official FSA (Seychelles) register. Check the status is current, not cancelled or suspended.
- Confirm the website domain you're using (icmarkets.com) is the one listed on the register — clone firms copy genuine licence numbers.
- Search the FSA (Seychelles) warnings page and IOSCO I-SCAN for the brand name.
IC Markets's other licences
Frequently asked questions
Is IC Markets regulated by the FSA (Seychelles)?
Our database records IC Markets as holding a licence from the Financial Services Authority Seychelles. Confirm the current status on the FSA (Seychelles) register: https://fsaseychelles.sc/regulated-entities
Does the FSA (Seychelles) licence protect all IC Markets clients?
No. It protects clients whose account is with the specific IC Markets company licensed by the FSA (Seychelles). Clients onboarded to a different group entity are covered by that entity's regulator instead.
Is there a compensation scheme for IC Markets clients under the FSA (Seychelles)?
No compensation scheme
What leverage can IC Markets offer under the FSA (Seychelles)?
No statutory cap