IC Finance Forex Broker keeps up-to-date with the latest trading account information, including Standard, Gold maximum leverage of 1:500, trading varieties, and more
Rating Index
Pros
Reputable regulatory oversight from multiple authorities, ensuring a level of security for traders.
Wide range of trading instruments available, including forex, commodities, and cryptocurrencies.
Competitive trading conditions with low spreads and no deposit or withdrawal fees.
Cons
Higher minimum deposit requirement compared to some other brokers, which may deter beginner traders.
Limited educational resources available on the platform, making it challenging for novice traders to learn.
Not all clients receive equal protection, as compensation schemes vary based on the trader's country of residence.
IC Finance broker Accounts
Standard
Gold
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
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.
IC Markets Broker Account Opening Process
Opening an account with IC Markets is a straightforward process. Here are the steps to follow:
IC Finance Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.