ICE FX Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 22:07

Abstract：ICE Markets (full name ICE FX) is an online trading and investment services platform headquartered in the UK, offering a variety of trading instruments such as foreign exchange, precious metals, cryptocurrencies, and CFD commodities, and supporting the MetaTrader 4 (MT4) platform. The platform provides multiple account types suitable for traders and investors at different levels, and launches various promotional activities to attract new clients. ICE Markets are suitable for ordinary traders pursuing transparent trading and diversified instruments, as well as professional investors seeking managed account services.

ICE FXReview Summary
Founded	2017-10-28
Registered Country/Region	United Kingdom
Regulation	Exceeded/Suspicious Clone
Market Instruments	44 Forex, 2 CFD commodities, 45 Cryptocurrencies, and 3 Spot metals
Demo Account	✅
Leverage	Up to 1:300
Spread	From 0.0 pips
Trading Platform	MT4 (Windows、macOS, and iOS/Android)
Min Deposit	$30
Customer Support	+44 20 8089 7867
	support@ice-markets.com
	Live Chat

ICE FX Information

　　ICE Markets (full name ICE FX) is an online trading and investment services platform headquartered in the UK, offering a variety of trading instruments such as foreign exchange, precious metals, cryptocurrencies, and CFD commodities, and supporting the MetaTrader 4 (MT4) platform. The platform provides multiple account types suitable for traders and investors at different levels, and launches various promotional activities to attract new clients. ICE Markets are suitable for ordinary traders pursuing transparent trading and diversified instruments, as well as professional investors seeking managed account services.

Pros and Cons

Pros	Cons
Various trading instruments	Exceeded/Suspicious Clone
STP-Demo simulated account available	Lower cryptocurrency leverage (1:10 for STP accounts)
Leverage up to 1:300	Leverage restrictions for high-net-worth clients
Up to 6% deposit bonus	Complex fee structure (0.0025%-0.05%)
Managed Accounts available

Is ICE FX Legit?

　　ICE Markets are unregulated. It can be found that the timeliness of the FCA's regulation of ICE Markets has exceeded, and the regulatory status of the LFSA for ICE Markets is suspected clone. Note that cryptocurrency trading may have legal restrictions in some countries/regions.

What Can I Trade on ICE FX?

　　ICE Markets offers 5 major categories of trading instruments, including 44 forex (FX) pairs, 3 spot metals, 45 cryptocurrencies, CFD commodities, and CFDs.

　　Specific products include 36 major currency pairs (such as EUR/USD, GBP/JPY) and 8 exotic currency pairs (such as USD/TRY, EUR/ZAR). The precious metals category covers gold (XAU/USD), silver (XAG/USD), and gold against the euro (XAU/EUR). The cryptocurrency offering includes mainstream coins (such as BTCUSD, ETHUSD) and niche tokens (such as DOTUSD, SOLUSD).

Additionally, there are 2 energy futures (WTI crude oil, BRN Brent crude oil). Some instruments are traded as CFDs, allowing leveraged trading and short-selling.

Tradable Instruments	Supported
Forex	✔
CFD commodities	✔
Cryptocurrencies	✔
Spot metals	✔
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

Account Type	STP-Demo Simulated Account	STP Real Account	STP-MA Managed Account
Minimum Deposit	$0 (simulated funds)	$30	$300
Leverage Range	Fixed 1:100	1:1-1:300 (floating)	1:1-1:100 (floating)
Commission Rate	0.0025%-0.25% (one-way)	0.0025%-0.05% (one-way)	0.004%-0.05% (one-way)
Primary Purpose	Simulated trading, platform familiarization	Individual autonomous trading	Professional managers managing investor funds
Special Features	Instant order execution	Access to Soft-FX liquidity aggregator	Support for PAMM/LAMM/MAM technologies

ICE FX Fees

Cost Type	Account Type/Trading Instrument	Rate Description
Commission	STP Real Account - Major FX Pairs	0.0025% (one-way)
	STP Real Account - Cryptocurrencies	0.05% (one-way)
	STP-MA Account - Major FX Pairs	0.004% (one-way)
	STP-MA Account - Precious Metals	0.05% (one-way)
Spread	FX Currency Pairs	Starting from 0.0 pips
Spread	Cryptocurrencies	Potentially higher spreads
Swap Fee	All overnight positions	A tripled rate is applied when rolling over positions from Wednesday to Thursday

Leverage

Trading Instruments	Account Type/Conditions	Leverage Ratio
Foreign Exchange (FX)	STP Real Account (Deposit < $3,000)	Major currency pairs: 1:300; Exotic currency pairs: 1:200
Foreign Exchange (FX)	High-Net-Worth Clients (Deposit > $500,000)	Uniform leverage: 1:50
Cryptocurrencies	STP Account	1:5 - 1:10
Cryptocurrencies	STP-MA Account	1:10
Precious Metals/CFDs	Spot Metals	Up to 1:150