All Share (J203) = 89 519
Rand / Dollar = 18.22
Rand / Pound = 23.54
Rand / Euro = 19.70
Gold (usd/oz) = 3 023.65
Platinum (usd/oz) = 976.40
Brent (usd/barrel) = 72.13
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

IC Markets Fund Withdrawal Process

ICMarkets Withdrawal Process Review

 

IC Markets 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 Markets offers multiple trusted deposit options and withdrawal methods for active traders across the globe.

 

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 Fund Withdrawal Process – A Key Point Quick Overview

  1. ☑️Overview
  2. ☑️IC Markets Safety and Security
  3. ☑️IC Markets Withdrawal Options
  4. ☑️How to Withdraw Funds from IC Markets
  5. ☑️Detailed Withdrawal Information for Traders
  6. ☑️IC Markets Fund Withdrawal Terms and Conditions
  7. ☑️Customers Reviews
  8. ☑️Pros and Cons
  9. ☑️Conclusion
  10. ☑️Frequently Asked Questions

 

Overview

IC Markets Fund Withdrawal Process Overview

 

IC Markets, a well-known worldwide forex broker, provides South Africans with an unrivaled trading experience.

IC Markets was founded in 2007 and has become a reliable platform for novice and experienced traders in South Africa. IC Markets stands out in the competitive forex landscape by committing to low spreads, efficient execution, and a transparent trading environment.

Furthermore, multiple foreign bodies regulate the broker, assuring a safe trading environment. Its powerful trading platforms, instructional resources, and dedicated customer support are available to South African traders.

Therefore, IC Markets, which values innovation and honesty, is an excellent alternative for South Africans looking for a reliable forex trading partner.

 

IC Markets Safety and SecurityIC Markets Safety and Security

 

IC Markets places a premium on the safety and security of its South African clients. It complies with international regulatory standards as a worldwide known forex broker, offering a trustworthy trading environment.

The broker uses modern encryption methods to protect clients’ personal and financial information. Furthermore, IC Markets separates client funds from operational capital and invests them in top-tier banks.

This assures that traders’ investments are secured, even if the broker becomes insolvent. Regular audits by independent groups attest to the organization’s financial openness and integrity.

Overall, IC Markets represents a safe and dependable trading platform for South Africans dedicated to maintaining the highest safety standards.

 

IC Markets Withdrawal Options

IC Markets Fund Withdrawal Process

 

IC Markets offers South Africans the following withdrawal methods:

  • Credit Card
  • Debit Card
  • PayPal
  • Neteller
  • Neteller VIP
  • Skrill
  • UnionPay
  • Bank Wire Transfer
  • Bpay
  • FasaPay

 

and many, MANY more!

 

How to Withdraw from IC Markets

To withdraw funds from an account with IC Markets, South African traders can follow these steps:

 

Step 1: Log in to your Client Area.

Log in to the IC Markets website’s Secure Client Area.

 

How to Withdraw from IC Markets step 1

 

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.

 

How to Withdraw from IC Markets step 2

 

IC Markets Detailed Withdrawal Information for Traders

IC Markets Detailed Withdrawal Information for Traders

 

🔎 Payment Method🪙 Withdrawal Currencies⏰ Withdrawal Processing🚀 Open an Account
💷 Credit CardAUD, USD, JPY, EUR, NZD, SGD, GBP, CAD3 to 5 working days👉 Click Here
💶 Debit CardAUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, HKD, CHF3 to 5 working days👉 Click Here
🪙 PayPalUSD, AUD, GBP, EUR, CAD, SGD, JPY⚡Instant👉 Click Here
💵 NetellerAUD, GBP, EUR, CAD, SGD, JPY⚡Instant👉 Click Here
💴 Neteller VIPAUD, GBP, EUR, CAD, SGD, JPY⚡Instant👉 Click Here
💷 SkrillAUD, USD, JPY, EUR, SGD, GBP⚡Instant👉 Click Here
💶 UnionPayRMB⚡Instant👉 Click Here
🪙 Bank Wire TransferAUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, CHFUp to 14 days👉 Click Here
💵 BpayAUD2 to 3 working days👉 Click Here
💴 FasaPayUSD3 to 5 working days👉 Click Here
💷 Broker to BrokerAUD, USD, JPY, EUR, NZD, SGD, GPB, CAD, CHF, HKD3 to 5 working days👉 Click Here
💶 POLiAUD2 to 3 working days👉 Click Here
🪙 Thai Internet BankingUSDOne business Day👉 Click Here
💵 Vietnamese Internet BankingUSDOne Business Day👉 Click Here
💴 RapidpayEUR, GBP3 to 5 working days👉 Click Here
💷 KlarnaEUR, GBP3 to 5 working days👉 Click Here

 

IC Markets Fund Withdrawal Terms and Conditions

 

South Africans should note that some of the following terms and conditions apply with IC Markets 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 Markets does not impose any additional fees for deposits or withdrawals. However, certain banking institutions may levy additional costs. Such withdrawal fees are not IC Markets’ 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.

 

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

IC Markets Customer Review Pie chart

Pros and Cons

✅ Pros❎ Cons
IC Markets does not charge any internal withdrawal feesWithdrawal methods could require additional verification, which could be time-consuming
IC Markets’ withdrawal process is streamlinedCredit/Debit Card withdrawals are not available in all regions
There are flexible withdrawal methods for South AfricansIC Markets has cut-off times for same-day withdrawal processing

 

Conclusion

IC Markets uses modern encryption methods to assure transaction security.  There are no additional costs for deposits or withdrawals at IC Markets and the withdrawal procedure is normally completed within two days.

 

You might also like:  IC Markets Cashback Forex Rebates

You might also like:  IC Markets Fees, Spreads, and, Commissions

You might also like:  IC Markets Minimum Deposit

You might also like:  IC Markets Sign-Up Bonus

You might also like:  IC Markets Account Types

 

Frequently Asked Questions

 

Is the withdrawal process at IC Markets secure?

Yes, IC Markets uses modern encryption methods to assure transaction security.

 

Does IC Markets charge any fees for withdrawals?

No, there are no additional costs for deposits or withdrawals at IC Markets.

 

How long does the withdrawal process usually take at IC Markets?

The withdrawal procedure is normally completed within two days.

 

Is IC Markets a reliable broker for South Africans?

Yes, IC Markets is a trustworthy broker regulated by at least one high-level financial body.

4.7/5 - (11 votes)

Written by:

Marlie Willemse Rosset

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

December 11, 2024

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

Accordion Content

🏆 Top 4 Brokers

Account Minimum

$100

Pairs Offered

55+

Account Minimum

$1

Pairs Offered

240+

Account Minimum

$100

Pairs Offered

70+

Account Minimum

$0

Pairs Offered

50+

AvaTrade-Logo

Account Minimum

$15

Exclusive to SAShares Clients

Account Minimum

$1

Account Minimum

$100

Account Minimum

$0