{ "schemaVersion": 1, "kind": "demoOffering", "id": "ic-markets-global-ic-mt4-sc", "urls": { "html": "/demo-accounts/ic-markets-global-ic-mt4-sc.html", "json": "/demo-accounts/ic-markets-global-ic-mt4-sc.json", "markdown": "/demo-accounts/ic-markets-global-ic-mt4-sc.md" }, "policy": "Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance.", "record": { "checked": "2026-10-12", "tested": false, "funds": null, "currency": null, "fundsLabel": "Not recorded", "fundsNote": "Starting balance not established.", "expiryType": "inactivity", "expiry": "30 days inactive (general demo FAQ)", "expiryNote": "", "evidence": "documented", "signup": "Demo registration / Client Area", "note": "Initial balance unspecified.", "id": "ic-markets-global-ic-mt4-sc", "broker": "IC Markets Global / IC", "entity": "Raw Trading Ltd", "regions": [ "SC" ], "region": "SC", "regionLabel": "Seychelles", "researchScope": "Seychelles", "platform": "mt4", "platformLabel": "MT4", "terms": "Separate from live execution environment", "fundingReset": "Client Area Add Funds", "deposit": "New-client demo route; deposit requirement not stated", "devices": "Not stated", "forexCoverage": "Forex; demo count unverified", "eligibility": "Excludes residents of US, Canada, New Zealand, Iran, North Korea; additional local-law restrictions.", "evidenceNote": "Official broker documentation; signup and trading not tested.", "sources": [ "ic-markets-global-ic-1", "ic-markets-global-ic-2" ], "visit": "ic-markets-global-ic-1", "regulation": { "status": "Needs checking", "entity": "Raw Trading Ltd", "regulator": "Seychelles Financial Services Authority (FSA)", "finding": "The FSA directory independently lists Raw Trading Ltd with IC Markets Global / IC MARKETS (SC) and matching domains. Follow-up did not find a regulator-authored source explicitly matching that entity to SD018. A 21 May 2025 FSA clone warning confirms SD018 belongs to a licensed entity but does not name its legitimate holder. The exact Raw Trading Ltd–SD018 link remains a broker statement.", "scope": "Keep the entity verification separate from licence-number verification. Do not infer that the clone warning concerns misconduct by Raw Trading Ltd. Broker-authored documents retain broker provenance even when hosted on fsaseychelles.sc. No negative licensing conclusion follows from this evidence gap.", "sources": [ "ic-markets-global-ic-reg-1", "ic-markets-global-ic-reg-2", "ic-markets-global-ic-reg-3", "ic-markets-global-ic-reg-4" ] }, "signupLink": { "kind": "portal", "note": "Demo registration portal; select your platform.", "status": "Official entry route", "url": "https://secure.ic.com/en/Account/Register?type=demo", "sourceUrl": "https://www.ic.com/en/help-resources/help-centre", "checked": "2026-10-13", "tested": false }, "execution": { "scope": "Raw Trading Ltd · Seychelles forex CFDs; entity-wide policy, not a platform execution test. Documentation only; not account-tested.", "tested": false, "role": { "value": "Principal", "note": "Raw Trading Ltd remains the sole contractual counterparty, including when orders are transmitted to liquidity providers.", "sources": [ "execution-ic-policy" ], "status": "Documented", "checked": "2026-10-13" }, "arrangement": { "value": "Liquidity-provider pricing; broker counterparty", "note": "The policy describes multiple price feeds and possible transmission to external liquidity providers. This does not establish agency.", "sources": [ "execution-ic-policy" ], "status": "Broker-reported", "checked": "2026-10-13" }, "demo": { "value": "Separate from live execution", "note": "The help centre says demos are disconnected from the live trading environment and their performance is not guaranteed to match. This is general demo guidance, not a platform test.", "sources": [ "execution-ic-demo" ], "status": "Documented", "checked": "2026-10-13" }, "review": { "checked": "2026-10-13", "outcome": "Reviewed official documentation: role Principal; arrangement Liquidity-provider pricing; broker counterparty; demo Separate from live execution. No accounts opened or tested.", "remainingChecks": [ "No functional account testing; confirm any remaining platform-specific charges and rejection behavior." ] } }, "markets": { "scope": "Raw Trading Ltd · Seychelles · MT4. Market coverage not yet reviewed.", "tested": false, "forexCfd": { "status": "Requires Verification", "note": "Forex CFD demo access has not been established for this entity and platform.", "sources": [], "checked": null }, "cryptoCfd": { "status": "Requires Verification", "note": "Cryptocurrency CFD demo access has not been established for this entity and platform.", "sources": [], "checked": null } }, "api": { "status": "Requires Verification", "type": null, "route": "Not established for this offering", "note": "API access has not yet been established for this legal entity and demo platform. This does not mean it is unavailable.", "requirements": "Confirm the account, platform and regional requirements with the broker.", "sources": [], "docs": [], "checked": null, "tested": false } }, "sources": { "execution-ic-demo": { "title": "IC help centre — demo versus live", "url": "https://www.ic.com/en/help-resources/help-centre", "owner": "Broker", "checked": "2026-10-13", "locator": "Are demo accounts the same as live accounts?", "access": "Primary page/PDF reopened in this pass" }, "execution-ic-policy": { "title": "Raw Trading Ltd execution policy — v1.4, July 2026", "url": "https://cdn.icmarkets.com/uploads/FSA/Order_Execution_Policy_FSA.pdf", "owner": "Broker", "checked": "2026-10-13", "locator": "Sections 1.1, 3.1, 12.1 and 14.2", "access": "Primary page/PDF reopened in this pass" }, "ic-markets-global-ic-1": { "id": "B-IC-01", "title": "IC Help Centre", "url": "https://www.ic.com/en/help-resources/help-centre", "claims": "MT4/5/cTrader demo recommendation; TradingView demo; 30-day inactivity; balance top-up; separate execution environment; Raw Trading Ltd and restrictions. Original icmarkets.com/global URL redirects here.", "checked_date": "2026-10-12", "verification": "Official documentation; no account opened or functional test" }, "ic-markets-global-ic-2": { "id": "B-IC-02", "title": "IC trading platforms", "url": "https://www.ic.com/en/trading-platforms", "claims": "Current platform catalogue corroborates MT4/5/cTrader/TradingView; does not establish every demo device variant.", "checked_date": "2026-10-12", "verification": "Official documentation; no account opened or functional test" }, "ic-markets-global-ic-reg-1": { "title": "FSA Capital Markets — current regulated-entities directory", "url": "https://fsaseychelles.sc/index.php/regulated-entities/capital-markets", "owner": "Regulator-authored and regulator-hosted", "evidence": "Lists Raw Trading Ltd, IC Markets Global / IC MARKETS (SC), icmarkets.sc and icmarkets.com. Retrieved entry does not print a licence number.", "source_date": "List update date unstated; checked 2026-10-12", "access_note": "Direct official directory retrieved successfully." }, "ic-markets-global-ic-reg-2": { "title": "FSA — Scam Alert: Bulllivestream", "url": "https://fsaseychelles.sc/media-corner/regulatory-updates/scam-alert-bulllivestream-fraudulent-company-the-fraudulent-company", "owner": "Regulator-authored and regulator-hosted", "evidence": "Says SD018 is linked to another licensed and regulated entity, without naming that holder. Warning targets Bulllivestream, not Raw Trading Ltd.", "source_date": "2025-05-21; checked 2026-10-12", "access_note": "Direct official notice retrieved. Does not close exact entity-to-number gap." }, "ic-markets-global-ic-reg-3": { "title": "IC — Regulation", "url": "https://www.icmarkets.sc/en/company/regulation", "owner": "Broker-authored and broker-hosted", "evidence": "States Raw Trading Ltd holds Seychelles Securities Dealer licence SD018.", "source_date": "Update date unstated; checked 2026-10-12", "access_note": "Direct broker page retrieved; source for broker claim only." }, "ic-markets-global-ic-reg-4": { "title": "Raw Trading Ltd — Risk Disclosure Notice (FSA-hosted complaint attachment)", "url": "https://fsaseychelles.sc/images/complaints-files/cf_67459c77b3db5_risk_disclosure_notice_fsa.pdf", "owner": "Broker-authored; hosted by regulator as complaint attachment", "evidence": "Document identifies Raw Trading Ltd as the author and claims SD018 in its introduction/footer.", "source_date": "Document publication date not established; checked 2026-10-12", "access_note": "PDF retrieved. FSA hosting does not make this a regulator-issued licence record." } } }