IC Markets Account Types

　　IC Markets offers several types of trading accounts to cater to different trading styles and preferences. The main account types include:

• Standard Account
• Minimum Deposit: $200
• Spreads: Starting from 0.6 pips
• Commission: $0 per lot
• Platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5)
• Leverage: Up to 1:500
• Suitable For: Beginners and discretionary traders.
• Raw Spread Account
• Minimum Deposit: $200
• Spreads: Starting from 0.0 pips
• Commission: $3.5 per lot on MT4/MT5, $3.0 on cTrader
• Platforms: MT4 and MT5
• Leverage: Up to 1:500
• Suitable For: Experienced traders and scalpers looking for tight spreads.
• cTrader Raw Spread Account
• Minimum Deposit: $200
• Spreads: Starting from 0.0 pips
• Commission: $3.0 per lot round turn
• Platform: cTrader
• Leverage: Up to 1:500
• Suitable For: Scalpers and day traders who prefer the cTrader platform.
• Islamic Account
• Minimum Deposit: $200
• Spreads: Similar to the Standard or Raw Spread accounts
• Commission: Varies depending on the account type
• Platforms: MT4, MT5, and cTrader
• Leverage: Up to 1:500
• Suitable For: Muslim traders who require a swap-free trading environment.
• Demo Account
• Minimum Deposit: Free
• Spreads: Variable
• Commission: Variable
• Platforms: MT4 and MT5
• Leverage: Up to 1:500
• Suitable For: Beginners to practice trading without financial risk.

　　

IC Markets Broker Account Opening Process

　　Opening an account with IC Markets is straightforward and can be completed in a few steps:

• Visit the Website
• Go to the IC Markets official website and click on "Start Trading."
• Fill in Personal Information
• Provide your full name, email address, phone number, and country of residence.
• Select Account Type and Platform
• Choose your preferred account type (Standard, Raw Spread, cTrader, or Islamic) and select the trading platform (MT4, MT5, or cTrader).
• Provide Additional Information
• Complete a questionnaire regarding your trading experience and select a security question for account recovery.
• Upload Required Documents
• Upload a valid photo ID (passport or driver's license) and a proof of address document (utility bill or bank statement dated within the last 90 days).
• Account Verification
• Wait for the account verification process, which typically takes a few hours to a couple of days. You can fund your account during this time.
• Start Trading
• Once your account is verified, you will receive login details to access your trading account and start trading.

　　For more information, please visit the IC Markets website: IC Markets