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IC Trading regulation & licences

Forex & CFD broker Founded 2023 πŸ‡²πŸ‡Ί Mauritius

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Licences on record 1

3 Tier 3 β€” moderate regulation

FSC (MU)Financial Services Commission, MauritiusπŸ‡²πŸ‡Ί Mauritius
Reference: check the register
Compensation: No compensation schemeNegative balance protection: Not a regulatory requirement

Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.

Regulatory profile

IC Trading is a forex & CFD broker founded in 2023 and headquartered in Mauritius. Part of the IC Markets group.

In our database IC Trading is matched to 1 licence from FSC (MU). None of its licences is from a tier-1 or tier-2 regulator; the strongest, from the FSC (MU), is a tier-3 licence with limited retail protection.

None of the regulators we have matched to IC Trading operates a statutory compensation scheme covering retail forex, so the safety of your deposit relies mainly on segregation of client funds and the broker's own financial strength.

IC Trading offers MT4, MT5 and cTrader.

Regulatory strengths

  • None identified from our data

Points to check

  • Only offshore licences on record β€” limited recourse and no compensation
  • No statutory compensation scheme at any matched regulator
  • Relatively young firm (founded 2023)

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IC Trading regulation FAQ

Is IC Trading regulated?

Yes β€” in our database IC Trading is matched to 1 licence: FSC (MU) (Mauritius). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.

Is IC Trading a tier-1 regulated broker?

No. None of the licences we have matched to IC Trading is from a tier-1 regulator. Its strongest licence is tier 3.

Does IC Trading accept US clients?

IC Trading is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so IC Trading generally cannot accept US retail forex clients.

Is my money protected with IC Trading?

None of the regulators matched to IC Trading in our database runs a compensation scheme for retail forex. Protection depends on client-money segregation and the broker's solvency.

How can I verify IC Trading's licence?

Find the company name and licence number in IC Trading's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.

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Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.