IC Markets Account Types

IC Markets offers several types of trading accounts to cater to different trading styles and preferences. The main account types include:

• Standard Account:
• Minimum deposit: $200
• Spreads: From 1.0 pips
• Leverage: Up to 1:500
• Suitable for beginners and casual traders.
• Raw Spread Account:
• Minimum deposit: $200
• Spreads: From 0.0 pips (commissions apply)
• Leverage: Up to 1:500
• Designed for professional traders and scalpers who require tighter spreads.
• Islamic Account:
• Available for both Standard and Raw Spread accounts.
• No swap/interest fees, compliant with Sharia law.
• Demo Account:
• Ideal for practice trading.
• Allows traders to test strategies without financial risk.

IC Markets Broker Account Opening Process

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

• Visit the IC Markets Website: Go to IC Markets Rustenburg.

• Select Account Type: Choose between Standard, Raw Spread, or Islamic account based on your trading needs.

• Complete the Application Form: Fill out the online application with personal information including:

• Full name
• Email address
• Phone number
• Residential address
• Verify Your Identity: Upload the required documents for verification, which may include:
• A government-issued ID (passport or driver's license)
• Proof of address (utility bill or bank statement)

• Fund Your Account: After verification, deposit funds into your account. The minimum deposit is $200.

• Download Trading Platform: Install MetaTrader 4 or MetaTrader 5 to start trading.

• Start Trading: Once your account is funded and the platform is set up, you can begin trading in the forex market.

By following these steps, you can efficiently set up your trading account and start your trading journey with IC Markets.