NEWS broker Accounts

IC Markets Account Type

IC Markets offers several account types tailored for different trading strategies, particularly for news trading. The primary account types include:

• Standard Account:
• No commission on trades.
• Spreads start from 1 pip.
• Suitable for traders who prefer simplicity and lower costs.
• Raw Spread Account:
• Commission of $3.50 per lot.
• Spreads start from 0.0 pips.
• Ideal for scalpers and news traders who require tight spreads and fast execution.
• cTrader Account:
• Similar to the Raw Spread Account but utilizes the cTrader platform.
• Spreads from 0.0 pips with a commission structure.
• Designed for traders who prefer the cTrader interface.

IC Markets Broker Account Opening Process

To open an account with IC Markets, follow these steps:

• Choose Account Type: Select the account type that best suits your trading needs (Standard, Raw Spread, or cTrader).

• Fill Out Application: Complete the online application form, providing personal information, including:

• Name
• Address
• Email
• Phone number
• Date of birth
• Employment details

• Verify Identity: Submit identification documents, such as a passport or driver's license, and proof of residency (like a utility bill).

• Fund Your Account: Deposit funds using various methods, including bank transfer, credit/debit card, or e-wallets. The minimum deposit requirement is $200 for most accounts.

• Start Trading: Once your account is verified and funded, download the trading platform (MT4, MT5, or cTrader) and begin trading.

For more details, visit: IC Markets.