IC Markets Account Type

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

• Standard Account:
• Minimum Deposit: $200
• Spreads: From 1.0 pips
• Commission: No commission on trades.
• Leverage: Up to 1:500.
• Raw Spread Account:
• Minimum Deposit: $200
• Spreads: From 0.0 pips
• Commission: $3.50 per side per lot.
• Leverage: Up to 1:500.
• Islamic Account:
• Available for both Standard and Raw Spread accounts.
• No swap fees, compliant with Islamic finance principles.

IC Markets Broker Account Opening Process

Opening an account with IC Markets involves a straightforward process:

• Choose Account Type: Decide whether to open a Standard, Raw Spread, or Islamic account based on your trading needs.

• Complete Online Application:

• Visit the IC Markets website and navigate to the account registration section.
• Fill out the required personal details, including full name, email address, phone number, and residential address.
• Verify Identity:
• Upload necessary identification documents such as a passport or driver's license for identity verification.
• Provide proof of address through a utility bill or bank statement.
• Select Trading Preferences:
• Choose your preferred account type (Standard, Raw Spread, or Islamic).
• Set your leverage level according to your trading strategy.
• Deposit Funds:
• Make an initial deposit using one of the accepted payment methods (credit/debit card, bank transfer, etc.).
• Minimum deposit for account activation is $200.
• Start Trading:
• Once your account is verified and funded, download the MetaTrader platform.
• Log in using your account credentials and begin trading.

For more details, visit IC Markets.