Is IC Markets legal in India?


None of any retail forex brokers are authorized and legally registered in India. According to, Securities and Exchange Board of India (SEBI), forex brokers are not required to authorize to ao accept residents of India as customers.

But, any resident from India can open a trading account in IC Markets Broker and use all of its services without having issues.

More information can be found at the broker website –

IC Markets Broker supports global clients except for the U.S, Canada, Israel, New Zealand, Japan, and the Islamic Republic of Iran. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.