IC Markets Fees, Spreads, and Commission. IC Markets trading involves fees from $3.50 / ZAR 56.00, spreads from 0.00 pips, and commission-free trading depending on the account traders select. With a minimum deposit fee of $200 / ZAR 3200.
Min Deposit USD 200 Regulators ASIC, CySEC, FSA, SCB Trading Platform MT4, MT5, WebTrader Crypto Yes Total Pairs 61 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
IC Markets Fees, Spreads & Commissions – 8 key points quick overview:
- ☑️IC Markets at a Glance
- ☑️IC Markets Fees and Spreads
- ☑️IC Markets Additional Trading Fees
- ☑️Broker Fees
- ☑️Customer Reviews
- ☑️Pros and Cons
- ☑️Conclusion
- ☑️Frequently Asked Questions
IC Markets at a Glance
| Category | Details |
| Company Information | |
| 🏷️Company Name | IC Markets |
| 📍Headquarters Location | Sydney, Australia |
| 📅Year Established | 2007 |
| 🌐Global Offices | Australia, Seychelles, Cyprus |
| 🔖Licensing Body | ASIC (Australia), CySEC (Cyprus), FSA (Seychelles) |
| 👥Group Companies | True ECN Trading Pty Ltd, IC Markets Ltd |
| 🏛️Business Model | ECN (Electronic Communication Network) |
| 🌍Operational Languages | English, Chinese, Spanish, and more |
| 🏆Awards & Recognitions | Best Forex ECN Broker 2023, Global Forex Awards |
| Regulation and Security | |
| 🛡️Regulation | ASIC (Australia), CySEC (Cyprus), FSA (Seychelles) |
| ✔️Compliance Standards | Strict adherence to global financial standards |
| 💼Client Fund Segregation | Yes, held in tier-1 banks |
| 🪫Negative balance protection | Yes |
| 🕵️♂️Financial Conduct Oversight | Periodic audits and compliance checks |
| 💰Insurance Coverage | Not explicitly mentioned |
| 📋AML & KYC Policy | Robust compliance with AML/KYC regulations |
| 🔒Security of Trading Platform | Encrypted transactions and multi-factor authentication |
| 🛡️Investor Compensation Fund | Yes (under CySEC regulation) |
| 🖥️Cybersecurity Measures | Advanced firewalls and intrusion detection systems |
| Account Types and Features | |
| ⚙️Standard Account | Yes |
| 📊ECN Account | Yes |
| 🌙Islamic Account | Yes, swap-free option available |
| 🎮Demo Account | Yes |
| 👑VIP Account | Not available |
| 💵Minimum Deposit | $200 / 3607 ZAR |
| 💱Base Currencies | USD, EUR, AUD, GBP, SGD, and more |
| ⚖️Leverage Options | Up to 1:500 |
| 📈Spreads (Fixed/Variable) | Variable, starting from 0.0 pips |
| 🔄Swap-Free Accounts | Yes |
| 🌐Account Currency Conversion | Supported |
| 🚨Margin Call Level | 100% |
| ❌Stop-Out Level | 50% |
| 🔄Hedging Allowed | Yes |
| ⚡Scalping Allowed | Yes |
| 🔁Copy Trading Support | Yes, via Myfxbook and MetaTrader |
| 👥Social Trading Features | Yes |
| 💼Managed Accounts | Yes, via MAM/PAMM solutions |
| Trading Conditions | |
| 🔍Average Spreads | From 0.0 pips (ECN Account) |
| 💲Commissions per Trade | $3.5 per lot per side (ECN Account) |
| 🔢Leverage Range | Up to 1:500 |
| 🚀Execution Speed | <40ms on average |
| 📊Order Execution Type | Market execution |
| 🔄Slippage Policy | Transparent, minimal slippage |
| 📏Margin requirements | 1-2% depending on leverage |
| ⏹️Stop-Loss and Take-Profit Orders | Yes |
| 🔁Trailing Stops | Yes |
| 🕑Pending Orders | Yes |
| 🔽Partial Fills | Yes |
| 🧾Dividend Adjustments | Yes |
| 🌙Overnight Swap Fees | Applicable unless on swap-free accounts |
| 📆Rollover Policy | Based on trading hours |
| 🛑Guaranteed Stop Loss | No |
| Trading Instruments | |
| 💹Forex Currency Pairs | Yes, 60+ pairs |
| 🪙Precious Metals (Gold/Silver) | Yes |
| 📈Indices | Yes |
| 🌾Commodities | Yes |
| ⛽Energies (Oil/Natural Gas) | Yes |
| ₿Cryptocurrencies | Yes |
| 📉Stocks | Yes |
| 🗂️ETFs | No |
| 🏛️Bonds | No |
| 📜Futures Contracts | No |
| 🛡️Options Contracts | No |
| ⚖️CFDs (Contracts for Difference) | Yes |
| 🔣Swap on Trading Board | Supported |
| 🔀Leveraged Instruments | Yes |
| 🎯Micro-Lot Trading | Yes |
| 💸Spread Betting | Not supported |
| 🧺Currency Baskets | No |
| Deposits and Withdrawals | |
| 💳Deposit Methods | Bank Wire, Credit/Debit Cards, E-Wallets (Skrill, Neteller, PayPal), Crypto, Local Payment Methods |
| 💵Withdrawal Methods | Bank Wire, Credit/Debit Cards, E-Wallets, Crypto |
| ⏱️Processing Time for Deposits | Instant for most methods; Bank Wire may take 1-2 business days |
| 🕒Processing Time for Withdrawals | Processed within 24 hours; Bank Wire may take 3-5 business days |
| 🚫Deposit Fees | No |
| 💵Withdrawal Fees | None for most methods; Bank Wire outside Australia may incur fees |
| 🔢Minimum Deposit Amount | $200 / 3607 ZAR |
| 📉Minimum Withdrawal Amount | $1 for e-wallets, varies for other methods |
| 🚪Maximum Withdrawal Limit | No |
| 💱Supported Currencies | USD, EUR, GBP, AUD, JPY, CHF, CAD, NZD, SGD, HKD |
| ₿Crypto Deposits & Withdrawals | Supported |
| 🏦Bank Wire Transfers | Supported |
| 💳Credit/Debit Cards | Supported |
| 📲E-Wallets (Skrill, Neteller, etc.) | Supported |
| 🏘️Local Payment Methods | Supported |
| Trading Platforms and Tools | |
| 💻MetaTrader 4 (MT4) | Available |
| 👩💻MetaTrader 5 (MT5) | Available |
| 🖥️Proprietary Platform | Not Available |
| 📱Mobile Trading App | Available |
| 🌐Web-Based Platform | Available |
| 🤖Trading Bots | Supported |
| 🖧VPS Services | Available |
| 🔌API Connectivity | Available |
| 📉Charting Tools | Advanced tools with customization options |
| 🧮Custom Indicators | Supported |
| 🧠Market Sentiment Analysis | Not Available |
| 📩Trading Signals | Available |
| 🏷️Advanced Order Types | Supported |
| ⚠️Risk Management Tools | Available |
| 📅Economic Calendar | Included |
| 📰Market News Feed | Included |
| Customer Support | |
| 📞Support Channels | Live Chat, Email, Phone |
| 🗨️Live Chat Availability | 24/5 |
| 📧Email Support | Available |
| 📱Phone Support | Available |
| 🌍Multilingual Support | Yes |
| ❓Help Center/FAQ | Comprehensive |
| 👨💼Dedicated Account Manager | Available for VIP accounts |
| ⏲️Response Time (Live Chat) | Within minutes |
| 🕒Response Time (Email) | 24 hours or less |
| ⭐Support Rating | Excellent |
| Educational Resources and Support | |
| 🎥Webinars | Regularly available |
| 🏫Seminars | Occasionally offered |
| 📖Trading Tutorials | Comprehensive |
| 📊Market Analysis Reports | Included |
| 📚E-Books | Available |
| 🎬Video Library | Extensive |
| 📜Glossary | Included |
| ❔FAQs | Included |
| 🆕Beginner Guides | Comprehensive |
| 🚀Advanced Trading Strategies | Available |
| Partnerships and Programs | |
| 📋IB Program | Available |
| 🪪Affiliate program? | Yes |
| 🏷️White Label Solutions | Available |
| 🎁Partnership Rewards | Offered |
| 🏛️Institutional Solutions | Supported |
| 🔌API Partnership | Supported |
| 🤝Referral Program | Available |
| Fees & Charges | |
| 💳Deposit Fees | No |
| 📤Withdrawal Fees | None for most methods |
| 💤Inactivity Fee | No |
| 🌜Overnight Fees (Swaps) | Applicable |
| 💱Conversion Fees | Applicable for non-base currency transactions |
| 💰Commission on Trades | $3.50 per lot per side for Raw Spread accounts |
| Market Research Tools | |
| 📅Economic Calendar | Included |
| 📰Market News | Included |
| 📩Trading Signals | Available |
| 🔧Technical Analysis Tools | Comprehensive |
| 💭Sentiment Analysis | Limited |
| Additional Features | |
| 👥PAMM/MAM Accounts | Supported |
| 🔗Social Trading Platform | Not Available |
| 🏆Trading Competitions | Occasionally offered |
| 🎁Loyalty Rewards | Available |
| 👑Exclusive VIP Perks | Available for high-tier clients |
| Promotions & Bonuses | |
| 🎁Welcome Bonus | Occasionally offered |
| 💵Deposit Bonus | Not regularly available |
| 🏅Trading Contests | Available |
| 🌟Seasonal Promotions | Occasionally offered |
| 🎖️Loyalty Programs | Available |
| User Experience & Reviews | |
| 🖥️User Interface Quality | Clean, intuitive, and user-friendly |
| 🔒Platform Stability | Very stable with minimal downtime |
| 📱Mobile App Reviews | Generally positive reviews for functionality and ease of use |
| ⭐Overall User Rating | 4.5/5 |
| 🌟Trustpilot Rating | 4.3/5 |
| 😟Common Complaints | Some complaints about high spreads on standard accounts and delays in Bank Wire withdrawals |
| Mobile | |
| 📱Mobile App Name | IC Markets Mobile App |
| 🛠️Developer | IC Markets |
| 📅Release Year | 2018 |
| 💻OS Compatibility | iOS and Android |
| 🌐Languages Supported | English, Chinese, Arabic, German, Spanish, Russian |
| 📈Trading Instruments | Forex, Stocks, Indices, Commodities, Cryptocurrencies |
| 🔄Real-Time Data | Yes |
| 🛠️Charting Tools | Advanced charting tools available |
| 📊Order Types Supported | Market, Limit, Stop, OCO, Trailing Stop, and more |
| 🚀Order Execution Speed | Fast execution, especially on Raw Spread accounts |
| 🔔Custom Alerts | Available |
| 🤝Beginner-Friendly | Yes, with easy-to-use platforms and educational resources |
| 🔐Security Features | Two-factor authentication, encryption |
| 🖥️Synchronization | Supports cross-platform synchronization |
| 💰Deposit and Withdrawal | Supported via various methods including e-wallets, cards, and bank transfers |
| 📝Account Types Accessible | Standard, Raw Spread, and demo accounts |
| 🔄Switch Accounts | Easy account switching in the app |
| 💬In-App Support | Available via live chat |
| 📚Educational Resources | Tutorials, webinars, e-books, and guides |
| 🎯Watchlist | Yes |
| 🌙Dark Mode | Available |
| 🌐Social Trading | Not available |
| AI Trading Resources | |
| 🤖AI Integration | Yes |
| 📊Data Analysis | Available |
| 📈Predictive Analytics | Not Available |
| 🛠️Customizable Strategies | Not Available |
| 📉Risk Management Tools | Available |
| 🧑🏫Trading Insights | Available |
| 🚀Execution Optimization | Available |
| 🔄Portfolio Rebalancing | Not Available |
| 📚AI Tutorials | Not Available |
| 🎥Video Demonstrations | Available |
| 🧑🤝🧑Webinars | Available |
| 🔍AI-Powered Search | Not Available |
| 🌟Beginner-Friendly | Yes |
| 🖥️Platform Availability | Web, iOS, Android |
| 📈Backtesting Capability | Available |
| 🛠️Strategy Builder | Not Available |
| 🔔Alerts and Notifications | Available |
| 🔒Data Protection | Strong security with encryption and 2FA |
| 👁️🗨️Transparency | High transparency in operations and fee structure |
| Social Media Platformst | |
| Yes | |
| Yes | |
| Yes | |
| Yes | |
| 🎥YouTube | Yes |
| 👉Open Account | 👉 Open Account |
IC Markets Fees and Spreads
IC Markets does not charge commissions on Standard accounts but instead applies a spread markup of 1 pip above the Raw inter-bank prices received from the broker’s liquidity providers.
IC Markets’ Raw Spread account shows the raw inter-bank spread received from its liquidity providers. On this account, the broker charges a commission of $7 per standard lot round turn.
IC Markets Additional Trading Fees
IC Markets does not charge deposit fees or withdrawal fees. You should, however, be aware that you may incur fees on payments to and from some international banking institutions. IC Markets accepts no responsibility for any such bank fees.
The broker does not charge inactivity fees, although IC Markets does charge swap fees, also referred to as overnight fees.
A swap or rollover fee is the net interest return on a currency position held overnight by a trader. That is, when trading currencies, an investor borrows one currency to buy another. The interest paid, or earned, for holding the position overnight is called the rollover rate.
The broker does offer an Islamic, or swap-free account, which will allow traders of the Muslim faith to avoid paying swap fees as they fall under the type of interest that is prohibited by Sharia law.
Broker Fees
Traders should also be sure to check with the client support or account manager on any additional broker fees that may be waived by their financial institution.
As already noted, traders may be subjected to currency conversion fees should they transfer funds to a currency that is different from their account-based currency.
As IC Markets is not a spread betting broker, spread betting fees will not apply.
Min Deposit USD 200 Regulators ASIC, CySEC, FSA, SCB Trading Platform MT4, MT5, WebTrader Crypto Yes Total Pairs 61 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Customer Reviews
🥇 Delighted!
I used the chat facility to contact IC Markets customer care at 7 a.m. one morning. I was pleasantly delighted to be instantly connected with a skilled agent. They answered my question and pointed me to several useful tools on their website, improving my overall experience. – Olivia Meyer
🥈 Best Broker!
As an experienced trader, I believe IC Markets is the best, well-rounded broker in the industry. Whatever my favorite trading instruments are, I can always rely on them to be available. The variety of alternatives is astounding. It’s the same with trading tactics; regardless of my approach, IC Markets has an account and trading platform that precisely meets my needs. – Caleb Botha
🥉 Great Support.
I recently ran into issues while attempting to fund my sample account and balance with the broker. Fortunately, I contacted their customer service, and they answered quickly. After explaining my situation, the support crew immediately sorted it, and I received the additional required funds. – Hannah Viljoen
Pros and Cons
| ✅ Pros | ❌ Cons |
| Competitive commissions | |
| No additional charges or fees | |
| Swap-free account available | |
| Tight interbank spreads |
Conclusion
IC Markets Fees, Spreads, and Commission. IC Markets trading involves fees from $3.50 / ZAR 56.00, spreads from 0.00 pips, and commission-free trading depending on the account traders select. With a minimum deposit fee of $200 / ZAR 3200.
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Frequently Asked Questions
What spreads can I expect with IC Markets?
IC Markets applies a spread markup of 1 pip above the Raw inter-bank prices received from the broker’s liquidity providers.
Does IC Markets charge a commission?
The broker charges a commission of $7 per standard lot round turn on the Raw Spread Account.
How many instruments can I trade with IC Markets?
IC Markets offers over 80 instruments, including currency pairs, CFDs on indices, stocks, commodities, and futures, precious metals, and even the most popular cryptocurrencies, such as Bitcoin and Ethereum.
Does IC Markets offer leverage?
Yes. IC Markets offers maximum leverage of up to 500:1.
Is IC Markets regulated?
Yes. IC Markets is regulated by ASIC, CySEC, FSA, and SCB.
