IC Markets Account Type

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

• Raw Spread Account:
• Spreads from 0.0 pips.
• 0% commission on trades.
• Ideal for professional traders seeking tight spreads.
• Standard Account:
• Spreads starting from 1.0 pip.
• No commission fees.
• Suitable for beginners and casual traders.
• Islamic Account:
• Available for both Raw Spread and Standard accounts.
• Complies with Sharia law, with no swap fees.
• Leverage:
• Up to 1:500, allowing traders to control larger positions with a smaller amount of capital.
• Trading Instruments:
• Over 232 tradable instruments, including Forex, commodities, indices, and stocks.

IC Markets Broker Account Opening Process

Opening a trading account with IC Markets is a straightforward process. Follow these steps:

• Visit the IC Markets Website:
• Go to IC Markets.
• Choose Account Type:
• Select between Raw Spread, Standard, or Islamic account based on your trading style.
• Fill Out Registration Form:
• Provide personal details such as name, email, phone number, and address.
• Submit Identification Documents:
• Upload necessary documents for identity verification, such as a passport or utility bill.
• Account Approval:
• The approval process typically takes up to 1 day.
• Fund Your Account:
• Make a deposit to start trading. IC Markets offers various funding methods with 0% commission.
• Start Trading:
• Once your account is funded, you can access the trading platform and begin your trading journey.

By following these steps, you can easily set up your trading account with IC Markets and start trading within minutes.