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Written by: Ádám N. Updated: Dec 2022
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IC Markets customer service

When you contact a broker, whether you are a beginner investor or an experienced trader, you’ll be looking for customer service that is fast and truly helpful. These qualities, in turn, will depend on the range of available channels and the relevance of their responses.

To be able to tell at a glance what you should expect from IC Markets’s customer service, we collected the following must-know information.

Disclaimer: 74.32% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

If you want to read our full review, including fees, deposit options and other platforms (like web and desktop) then skip to the IC Markets review.

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74.32% of retail CFD accounts lose money

Customer service
4.5

IC Markets has great phone and email support and has a 24/7 availability. On the negative side, its live chat is not the best quality and slow.
Pros
Cons
Phone support
Slow and not very useful live chat
Live chat
Fast response time
24/7 availability

You can contact IC Markets via:

  • Live chat
  • Phone
  • Email

IC Markets has great phone support. We were connected to the customer service representative within a minute and we received relevant answers.

The email support works very well. We sent four emails and got answers within a day to all of them. The answers were helpful and relevant. We also liked that they asked for feedback about the support service.

The live chat service, however, could be much better. It is slow, the average wait time for an answer was more than 10 minutes. Also, the responses were not always relevant. For example, we had to ask several questions until we got information on how their financing rates work. On the other hand, we experienced a slight improvement in the last few months. 

We appreciated the 24/7 availability of customer support.

IC Markets review - Customer Service

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74.32% of retail CFD accounts lose money

Check out our summary on IC Markets’s customer service compared with similar brokers, Pepperstone and Vantage.

IC Markets customer service vs. similar brokers
IC Markets Pepperstone Vantage
Global forex broker Australian forex and CFD broker Global CFD and forex broker
How fast was customer support when we tried? Fast Fast Fast
Quality of Customer service answers OKish Good Good
Live chat available Yes Yes Yes
Phone available Yes Yes Yes
Email available Yes Yes Yes
24/7 availability Yes Yes Yes

Let's continue with a more detailed description of IC Markets’s customer service features.

IC Markets customer service
Available customer service channels at IC Markets

One of the most essential components of a well-functioning customer service is the number of channels through which you can reach out for help. Usually, the more communication platforms there are, the more likely it is that somebody will answer your questions in time.

You can get in touch with IC Markets in the following ways.

  • Live chat
  • Phone
  • Email
  • The good news is that IC Markets’s customer service is available 24/7, therefore you’ll be able to get answers to your questions on short notice.

    IC Markets customer service
    IC Markets customer service quality

    We define the quality of a broker's customer service based on its response speed (e.g. if they answer the phone within a few minutes, it counts as quick, but if they make you wait a lot, that’s considered a poor response speed) and their response relevance (i.e. whether they provide a clear answer to your questions or an ambiguous one that needs further clarification).

    Response speed at IC Markets

    Live chat

    IC Markets’s live chat speed varies from session to session. One day they respond in a minute; at other times, they make you wait for at least a few minutes.

    Phone

    On the phone, IC Markets is real quick. They’re at your disposal within a minute, so prepare your questions in advance.

    Email

    No worries! IC Markets will answer your email in a short amount of time, usually within a day.

    Response relevance at IC Markets

    Live chat

    IC Markets’s live chat is a bit of a hit-and-miss when it comes to clarity in answering your questions, so you'd better prepare for another round of research.

    Phone

    Although you can call IC Markets, they don’t always come up with the best explanation to your queries. They try to give you a helping hand, but often they provide only mediocre support via phone.

    Email

    You’re in the right place for further information. Via email, IC Markets provides you with all the necessary answers to your questions, getting back to you with a detailed and clear summary.

    IC Markets customer service
    IC Markets customer service bottomline

    IC Markets's customer service is exceptionally good across multiple dimensions, therefore you'll be in good hands when it comes to any broker-related questions. If you want to have a look at how other brokers similar to IC Markets compare in this regard, check out our broker comparison tool here.

    Author of this article

    Ádám Nasli

    Author of this article

    Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo trading, programming and trading.

    Ádám Nasli

    Analyst Head

    Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo trading, programming and trading.

    Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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    74.32% of retail CFD accounts lose money

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