IC Markets Account Types

IC Markets offers a variety of account types tailored to meet the needs of different traders, including:

• Standard Account:
• Minimum Deposit: $200
• Spreads: Starting from 0.6 pips
• Commissions: None
• Suitable for: Beginners and discretionary traders
• Platforms: MetaTrader 4, MetaTrader 5
• Raw Spread Account:
• Minimum Deposit: $200
• Spreads: Starting from 0.0 pips
• Commissions: $3.5 per lot (MetaTrader), $3.0 per lot (cTrader)
• Suitable for: Scalpers and high-frequency traders
• Platforms: MetaTrader 4, MetaTrader 5, cTrader
• cTrader Raw Spread Account:
• Minimum Deposit: $200
• Spreads: Starting from 0.0 pips
• Commissions: $3.0 per lot
• Suitable for: Day traders and scalpers
• Platforms: cTrader
• Islamic Account:
• Swap-free account option available for all types
• Same conditions as the respective standard, raw spread, or cTrader accounts
• Demo Account:
• Free to use for practice
• No expiration date, allowing traders to familiarize themselves with the platform

IC Markets Broker Account Opening Process

Opening an account with IC Markets is a straightforward process. Here are the steps to follow:

• Visit the IC Markets Website: Go to the official IC Markets website and click on the "Start Trading" button.

• Fill in Personal Information: Complete the registration form with your full name, country, email, and phone number. Ensure that the contact details are valid for verification purposes.

• Complete the Profile: Provide additional details regarding your trading preferences, including account type, base currency, and leverage.

• Choose Trading Platform: Select your preferred trading platform from MetaTrader 4, MetaTrader 5, or cTrader.

• Upload Required Documents: Prepare and upload the necessary documents for verification:

• Proof of Identity (e.g., passport or drivers license)
• Proof of Residence (e.g., recent bank statement or utility bill)

• Wait for Verification: After uploading the documents, your account will be verified, which usually takes a few hours to a couple of days.

• Fund Your Account: Once verified, you can deposit funds using various methods such as credit/debit cards, bank transfer, or e-wallets.

• Start Trading: With your account funded, you can begin trading on the IC Markets platform.