IC Markets licence record
Is IC Markets regulated by the SCB?
Yes, according to our records. IC Markets is matched to a licence from the Securities Commission of The Bahamas (Bahamas). Confirm it on the register before relying on it.
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What the SCB licence means
According to our records, IC Markets holds a licence from the Securities Commission of The Bahamas (SCB), the financial regulator for Bahamas. We classify the SCB as tier 3 — moderate regulation. Established offshore or emerging-market regulators with capital and reporting requirements but limited retail protection.
For IC Markets clients whose account is held by its SCB-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 — Client asset requirements. Disputes can be taken to SCB.
IC Markets is also matched to licences from ASIC, CySEC, CMA (Kenya) and FSA (Seychelles). ASIC and CySEC are rated higher than the SCB in our methodology, so if you are eligible for those entities you may get stronger protection.
Protection at a glance
- Regulator tier
- Tier 3 — Moderate regulation
- Compensation scheme
- No compensation scheme
- Retail leverage
- No statutory cap
- Negative balance protection
- Not a regulatory requirement
- Client money
- Client asset requirements
- Complaints
- SCB
How to verify this licence
- Open IC Markets's client agreement or website footer and note the exact company name and SCB licence number.
- Search that name or number on the official SCB 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 SCB warnings page and IOSCO I-SCAN for the brand name.
IC Markets's other licences
Frequently asked questions
Is IC Markets regulated by the SCB?
Our database records IC Markets as holding a licence from the Securities Commission of The Bahamas. Confirm the current status on the SCB register: https://www.scb.gov.bs/registrants/
Does the SCB licence protect all IC Markets clients?
No. It protects clients whose account is with the specific IC Markets company licensed by the SCB. 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 SCB?
No compensation scheme
What leverage can IC Markets offer under the SCB?
No statutory cap