
IC Fund Withdrawal Process can be summarised as a trustworthy and regulated Forex Broker that is very competitive and comprehensive regarding its withdrawal methods, deposit options, and Withdrawal fees. IC offers multiple trusted deposit options and withdrawal methods for active traders across the globe.
How do South African traders withdraw money from IC?
Log in to the IC Secure Client Area, open the withdrawal section, select an available payment method, enter the amount and submit the request. IC may ask you to complete identity verification or provide additional payment documents before approving the withdrawal.
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How long does an IC withdrawal take in South Africa?
IC generally processes eligible withdrawal requests on the same business day when they are submitted before its daily cut-off time. Requests submitted later are usually processed on the following business day. After processing, the time taken for the funds to reach a South African trader depends on the payment method, bank and any intermediary institutions.
IC Fund Withdrawal Process - A Key Point Quick Overview
- Overview
- IC Trust Score
- IC Withdrawal Options
- How to Withdraw from IC
- IC Detailed Withdrawal Information for Traders
- IC Fund Withdrawal Terms and Conditions
- IC at a Glance
- IC Customer Reviews
- Pros and Cons
- Conclusion
- Frequently Asked Questions
Overview
- Ultra-Fast Execution & Deep Liquidity: IC provides lightning-fast trade execution and institutional-grade liquidity, making it ideal for scalping, high-frequency trading, and EA users, especially valuable for precision-driven South African traders.
- Advanced, Flexible Platforms: Offer MetaTrader 4, MetaTrader 5, and cTrader, fully equipped with powerful charting, automation tools, and multi-device compatibility, designed to support all trading styles and experience levels.
- Raw Spreads from 0.0 Pips with No Hidden Fees: Traders benefit from highly competitive pricing, transparent fee structures, and spreads starting at 0.0 pips, allowing cost-efficient trading without compromise.
Why do more traders choose IC?
Traders consistently choose IC because it offers an exceptionally seamless and professional trading experience. Its ultra-tight raw spreads, often starting at 0.0 pips, combined with lightning-fast order execution, appeal to scalpers and algorithmic traders. The broker’s No Dealing Desk (NDD) model ensures transparency and fairness, with no requotes or price manipulation.
IC Trust Score

IC Withdrawal Options
IC offers South Africans the following withdrawal methods:
- Credit Card
- Debit Card
- PayPal
- Neteller
- Neteller VIP
- Skrill
- UnionPay
- Bank Wire Transfer
- Bpay
- FasaPay
Deposit Currencies, Deposit and Withdrawal Processing Times
| 🔎 Payment Method | 🪙 Deposit Currencies | ⏰ Deposit Processing | ⏱️ Withdrawal Processing |
| 💴 Credit/Debit Cards | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD | Instant | 3 – 5 days |
| 💵 PayPal | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, HKD, CHF | Instant | Instant |
| 💶 Neteller | USD, AUD, GBP, EUR, CAD, SGD, JPY | Instant | Instant |
| 💷 Neteller VIP | AUD, GBP, EUR, CAD, SGD, JPY | Instant | Instant |
| 💴 Skrill | AUD, USD, JPY, EUR, SGD, GBP | Instant | Instant |
| 💵 UnionPay | RMB | Instant | Instant |
| 💶 Wire Transfer | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, CHF | 2 – 5 days | Up to 14 days |
| 💷 Bpay | AUD | 12 – 48 hours | 2 – 3 days |
| 💴 Broker to Broker | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, CHF, HKD | 2 – 5 days | 3 – 5 days |
| 💵 POLi | AUD | Instant | 2 – 3 days |
| 💶 Thai Internet Banking | USD | 15 – 30 minutes | 1 day |
| 💷 Rapidpay | EUR, GBP | Up to 2 days | 1 day |
| 💴 Klarna. | EUR, GBP | Up to 2 days | 3 – 5 days |
| 💵 Vietnamese Internet Banking | USD | Instant | 3 – 5 days |
How to Withdraw from IC
To withdraw funds from an account with IC, South African traders can follow these steps:
Step 1: Log in to your Client Area.
- Log in to the IC website's Secure Client Area.

Step 2: Click on the Withdrawal Form
- Go to the 'Funds' page and select 'Withdraw'.
- Choose your withdrawal method from the available options.
- Enter the amount you want to withdraw and any further information about the withdrawal method.
- Confirm that all information is correct and that the withdrawal is being made to a bank account in your name, as third-party payments are not permitted.

IC Detailed Withdrawal Information for Traders
| 🔎 Payment Method | 🚀 Open an Account | 🪙 Withdrawal Currencies | ⏰ Withdrawal Processing |
| 💷 Credit Card | 👉Open Account | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD | 3 to 5 working days |
| 💶 Debit Card | 👉Open Account | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, HKD, CHF | 3 to 5 working days |
| 🪙 PayPal | 👉Open Account | USD, AUD, GBP, EUR, CAD, SGD, JPY | ⚡Instant |
| 💵 Neteller | 👉Open Account | AUD, GBP, EUR, CAD, SGD, JPY | ⚡Instant |
| 💴 Neteller VIP | 👉Open Account | AUD, GBP, EUR, CAD, SGD, JPY | ⚡Instant |
| 💷 Skrill | 👉Open Account | AUD, USD, JPY, EUR, SGD, GBP | ⚡Instant |
| 💶 UnionPay | 👉Open Account | RMB | ⚡Instant |
| 🪙 Bank Wire Transfer | 👉Open Account | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, CHF | Up to 14 days |
| 💵 Bpay | 👉Open Account | AUD | 2 to 3 working days |
| 💴 FasaPay | 👉Open Account | USD | 3 to 5 working days |
| 💷 Broker to Broker | 👉Open Account | AUD, USD, JPY, EUR, NZD, SGD, GPB, CAD, CHF, HKD | 3 to 5 working days |
| 💶 POLi | 👉Open Account | AUD | 2 to 3 working days |
| 🪙 Thai Internet Banking | 👉Open Account | USD | One business Day |
| 💵 Vietnamese Internet Banking | 👉Open Account | USD | One Business Day |
| 💴 Rapidpay | 👉Open Account | EUR, GBP | 3 to 5 working days |
| 💷 Klarna | 👉Open Account | EUR, GBP | 3 to 5 working days |
IC Fund Withdrawal Terms and Conditions
South Africans should note that some of the following terms and conditions apply to IC withdrawals:
- Withdrawals must be made to a bank account or another account in your name; third-party payments are not accepted.
- Withdrawals made with credit/debit cards could take 3-5 business days or up to 10 business days, depending on how quickly the banks complete the transactions.
- IC does not impose any additional fees for deposits or withdrawals. However, certain banking institutions may levy additional costs. Such withdrawal fees are not IC responsibility.
- Accounts funded via FasaPay, Poli/Bpay, Rapidpay, and Klarna require bank wire transfer withdrawals, with a flexible processing time and fees.
- If your uploaded credit or debit card has expired, been lost, stolen, or revoked, you will be required to supply supporting documentation to retain the availability of deposit and withdrawal services.
- Withdrawal requests must be submitted before noon AEST/AEDT to be processed the same day.
- Supporting papers, such as bank statements, can be required for some withdrawal methods.
- Withdrawals via PayPal, Neteller, or Skrill must be made from the same account used to make the initial deposit.
Alternative deposit methods, or bank wire transfers, are required for withdrawals that exceed the amount placed via the Verified by Visa/MasterCard Secure Credit/Debit Card.
IC at a Glance
| 🔎Broker | IC |
| Company Information | |
| 📅Year Founded | 2007 |
| 👨💼 Current CEO | Andrew Budzinski |
| 🏗️ Founder/s | Andrew Budzinski |
| 🧑🏻💻Amount of staff | 852 |
| 👩💻Amount of active traders | 180,000+ |
| 🌐Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️Regulation | FSA |
| 🌎Country of regulation | Australia, Cyprus, Seychelles |
| 💻Account Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 🔋Investor Protection Schemes | Yes |
| 🔐 Two-step Authentication | Yes |
| Account Types and Features | |
| ➕Accounts | cTrader, Raw Spread, standard |
| 💳Institutional Accounts | Yes |
| 👨💼Managed Accounts | Yes |
| 📇Minor account currencies | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, HKD, CHF, RMB, |
| 💰Minimum Deposit | $0 USD |
| Trading Conditions | |
| 🕞Average deposit/withdrawal processing time | Instant for deposits, 1-2 business days for withdrawals |
| 🪙Fund Withdrawal Fee | Free, but may vary based on payment method and account type |
| 📊Spreads from | From 0.0 pips |
| 💸Commissions | $3 per lot per side |
| 💱Number of base currencies supported | 10+ |
| 🚀Swap Fees | Overnight financing fees apply |
| 📈Leverage | Up to 1:5000 |
| 📏Margin requirements | 100 USD traded, 1 USD margin |
| ☪️Islamic account (swap-free) | Yes |
| 💻Demo Account | Yes |
| ⌛Order Execution Time | Typically within milliseconds |
| 📆VPS Hosting | Yes |
| Trading Instruments | |
| 🧾CFDs-Total Offered | over +2200 |
| 🗠CFD Stock Indices | 25+ |
| ⚖️CFD Commodities | 22+ s |
| 📜CFD Shares | 1,600+ |
| 👀 Watch list | Yes |
| 📢 Trade Alerts | No |
| 📉 Trading Stocks with GP | Yes |
| 📊 Trading Indices with GP | Yes |
| 💱 Swap on the trading board | Yes |
| Deposits and Withdrawals | |
| 💳Deposit Options | Credit Card, Debit Card, PayPal, Skrill, Neteller, UnionPay, Wire Transfer, Bpay, FasaPay, Poli |
| 💵Withdrawal Options | Credit Card, Debit Card, PayPal, Skrill, Neteller, UnionPay, Wire Transfer, Bpay, FasaPay, Poli |
| 🎁 Welcome Bonus | No |
| Trading Platforms and Tools | |
| 💻Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader |
| 👩💻OS Compatibility | Windows, Mac (via emulation), Android, iOS |
| 🖥️Forex trading tools | Yes |
| Customer Support | |
| 🗣️Live chat availability | Yes 24/7 |
| 📱Customer Support email address | support@ic.com |
| 👾Social media Platforms | Facebook, Twitter, |
| 🗣️Languages supported on Website | 15 + |
| Educational Resources and Support | |
| 🎓 Beginners Trader friendly UX | Yes |
| 🖺Forex course | Yes |
| 🧏♀️Webinars | Yes |
| 📚Educational Resources | Yes, articles, videos, and tutorials |
| Partnerships and Programs | |
| 🪪Affiliate program? | Yes |
| 👨🏫Amount of partners | Over 2 500+ |
| 📋IB Program | Yes |
| 🏃♂️➡️Do they sponsor any notable events or teams? | Yes, the Qatar Economic Forum 2026 |
| 🪙Rebate program | Yes |
| 💬 Community Forum | No |
| South African Trader Specific Information | |
| 🌐 Official Website address | www.icmarkets.com |
| 👍 Official Facebook Page | Yes |
| 🐦 Official Twitter Page | Yes |
| ▶️ Official Youtube Channel | Yes |
| 🏢 Official Linkedin Page | Yes |
| 📸 Official Instagram Page | Yes |
| 🌍 South African Specific Information | |
| Does IC Accept South African Traders? | Yes |
| Is IC regulated by the South African regulatory body (FSCA)? | No |
| Does IC offer an Affiliate Program for South African Traders? | Yes |
| Does IC allow opening trading accounts in ZAR (South African Rand)? | Yes |
| 📝Sign up | 👉Open Account |
IC Customer Reviews
- Trusted for Transparency & Low Costs: Traders consistently praise IC for its ultra-tight spreads, clear fee structure, and fair pricing, making it a top choice for cost-conscious and professional traders alike.
- Reliable Performance & Platform Variety: Users appreciate the broker’s fast trade execution and robust access to platforms like MetaTrader 4/5 and cTrader, offering stability even during high-volatility periods.
| 🔍Aspect | 🔖Details |
| 🌟Overall Rating | 4.8/5 – Highly rated for competitive pricing, reliability, and advanced trading infrastructure. |
| 👏Customer Satisfaction | Positive – Clients appreciate low spreads, fast execution, and diverse trading instruments. |
| 📞Customer Service | Responsive and professional – Available 24/7 via live chat, email, and phone in multiple languages. |
Customers Ratings
| 🌐 Platform | 📝 Feedback Summary | ⭐ Rating |
![]() | Generally positive feedback users appreciate competitive spreads, fast execution, and reliable customer support. | ⭐⭐⭐⭐⭐ |
![]() | Mixed reviews many users commend the broker's services and support, while some report issues with fund withdrawals and account closures. | ⭐⭐⭐☆☆ |
![]() | Predominantly negative reviews users report concerns about withdrawal issues and customer service responsiveness. | ⭐☆☆☆☆ |
![]() | Generally positive users highlight the platform's user-friendly interface and efficient customer support. | ⭐⭐⭐⭐⭐ |
![]() | IC is generally positive, with many users praising the broker's competitive spreads, reliable trading platforms, and excellent customer support. | ⭐⭐⭐⭐⭐ |
![]() | Highly positive reviews users praise the broker's reliability, competitive spreads, and prompt customer service. | ⭐⭐⭐⭐⭐ |
Pros and Cons
| ✅ Pros | ❌ Cons |
| IC.COM does not charge any internal withdrawal fees | Withdrawal methods could require additional verification, which could be time-consuming |
| IC.COM withdrawal process is streamlined | Credit/Debit Card withdrawals are not available in all regions |
| There are flexible withdrawal methods for South Africans | IC.COM has cut-off times for same-day withdrawal processing |
Conclusion
IC uses modern encryption methods to ensure transaction security. There are no additional costs for deposits or withdrawals at IC, and the withdrawal procedure is normally completed within two days.
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IC Fees, Spreads, and, Commissions
Frequently Asked Questions
Is the withdrawal process at IC secure?
Yes, IC uses modern encryption methods to ensure transaction security.
Does IC charge any fees for withdrawals?
No, there are no additional costs for deposits or withdrawals at IC.
How long does the withdrawal process usually take at IC?
The withdrawal procedure is normally completed within two days.
Is IC a reliable broker for South Africans?
Yes, IC is a trustworthy broker regulated by at least one high-level financial body.
How can I withdraw funds from my IC account?
You can withdraw funds by logging into your IC Secure Client Area, selecting “Withdraw Funds,” and choosing your preferred withdrawal method. Complete the required form and submit the request.
What withdrawal methods does IC support?
IC offers several withdrawal options, including bank wire transfers, credit/debit cards, PayPal, Neteller, Skrill, and other local payment methods, depending on your region.
Can I withdraw profits to an account different from my deposit method?
Generally, IC returns funds to the original deposit method for compliance reasons. Profits may be withdrawn via bank transfer or e-wallets once the initial deposit is refunded.
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