IC Markets Account Type

IC Markets offers various account types tailored to different trading needs, including:

• Standard Account:
• Minimum Deposit: $200
• Spreads: From 1.0 pips
• Commission: None
• Leverage: Up to 1:500
• Raw Spread Account:
• Minimum Deposit: $200
• Spreads: From 0.0 pips
• Commission: $3.50 per side
• Leverage: Up to 1:500
• Islamic Account:
• Minimum Deposit: $200
• Spreads: Similar to Standard Account
• Commission: None
• Leverage: Up to 1:500
• Designed for traders who require Sharia-compliant trading conditions.

IC Markets Broker Account Opening Process

To open an account with IC Markets, follow these steps:

• Visit the IC Markets Website: Go to IC Markets.
• Select 'Open Live Account': Click on the 'Open Live Account' button on the homepage.
• Fill in Personal Information: Provide your name, email address, and phone number.
• Choose Account Type: Select the type of account you wish to open (Standard, Raw Spread, or Islamic).
• Complete Verification: Upload the required identification documents (passport or ID card) and proof of address (utility bill or bank statement).
• Fund Your Account: Deposit the minimum required amount using one of the accepted payment methods (credit card, bank transfer, or e-wallet).
• Start Trading: Once your account is verified and funded, you can begin trading on the platform.

This process is straightforward and typically takes less than 24 hours for account verification.