IC Markets Account Type

　　IC Markets offers several types of trading accounts tailored to meet the diverse needs of traders. The main account types include:

• Standard Account:
• Most popular among experienced traders.
• Allows trading with a typical lot size of 100,000 units of the base currency.
• Offers competitive spreads and high leverage options.
• Mini Account:
• Suitable for novice traders or those with limited capital.
• Allows trading with mini lots (10,000 units of the base currency).
• Lower minimum capital requirement compared to standard accounts.
• Micro Account:
• Designed for beginners with very low capital.
• Allows trading with a contract size of 1,000 units of the base currency.
• Offers the lowest minimum deposit requirements.
• Islamic Account:
• Complies with Islamic finance principles, avoiding interest-related transactions.
• Typically features wider spreads to compensate for the lack of swap fees.
• Managed Account:
• Managed by professional traders on behalf of the investor.
• Suitable for those who prefer a hands-off approach to trading.

　　

IC Markets Broker Account Opening Process

　　Opening a trading account with IC Markets is a straightforward process. Here are the steps involved:

• 　　Visit the IC Markets Website: Go to the official IC Markets site and navigate to the account opening section.

• 　　Select Account Type: Choose the type of account you wish to open (Standard, Mini, Micro, Islamic, or Managed).

• 　　Fill Out Application: Complete the online application form with your personal details, including your name, email address, and phone number.

• 　　Submit Identification Documents: Provide the required identification documents, such as a government-issued ID and proof of address, to verify your identity.

• 　　Fund Your Account: Once your application is approved, you can fund your account through various methods, including bank transfers or credit/debit cards.

• 　　Start Trading: After funding your account, you can start trading by accessing the trading platform provided by IC Markets.

　　This process is designed to be quick and efficient, allowing you to begin your trading journey with minimal delay.