IC Markets Account Type

　　IC Markets offers a variety of account types tailored to meet the needs of different traders. The primary account types include:

• Standard Account:
• Minimum Deposit: $200
• Lot Size: 100,000 units
• Leverage: Up to 1:500
• Spreads: Variable spreads starting from 1.0 pips
• Suitable for experienced traders seeking competitive trading conditions.
• Raw Spread Account:
• Minimum Deposit: $200
• Lot Size: 100,000 units
• Leverage: Up to 1:500
• Spreads: Raw spreads starting from 0.0 pips (commission applies)
• Ideal for professional traders looking for lower trading costs.
• cTrader Account:
• Minimum Deposit: $200
• Lot Size: 100,000 units
• Leverage: Up to 1:500
• Spreads: Variable spreads starting from 0.0 pips (commission applies)
• Designed for traders who prefer the cTrader platform for a more intuitive trading experience.
• Islamic Account:
• Minimum Deposit: $200
• Lot Size: 100,000 units
• Leverage: Up to 1:500
• No swap fees, compliant with Islamic finance principles.
• Suitable for Muslim traders who wish to trade without interest.
• Demo Account:
• Virtual funds to practice trading strategies without financial risk.
• Access to all trading tools and features of live accounts.

　　

IC Markets Broker Account Opening Process

　　Opening an account with IC Markets involves several straightforward steps:

• 　　Choose the Account Type: Decide which account type suits your trading style and objectives (e.g., Standard, Raw Spread, cTrader, Islamic).

• 　　Complete the Online Application:

• Provide personal information such as name, email, and phone number.
• Select your preferred trading platform (MT4, MT5, or cTrader).
• Submit Identification Documents:
• Proof of identity (passport or drivers license).
• Proof of address (utility bill or bank statement).
• Verification Process:
• IC Markets will review your application and documents, typically completing the verification within 24-48 hours.
• Fund Your Account:
• Deposit funds using various methods such as credit/debit card, bank transfer, or e-wallets.
• Minimum deposit required is $200.
• Start Trading:
• Once your account is funded, you can start trading live on the forex market.

　　For more details, visit IC Markets.