IC Markets Minimum Deposit amount is $200 to register a live trading account with IC Markets. This minimum deposit is equivalent to ZAR 3200.00 at the current exchange rate between the US Dollar and the South African Rand at the time of writing.
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 Minimum Deposit – 8 key points quick overview:
- ☑️IC Markets at a Glance
- ☑️IC Markets Minimum Deposit
- ☑️IC Markets Deposit fees and deposit methods
- ☑️How to make an IC Markets minimum deposit
- ☑️Customers Reviews
- ☑️Pros and Cons
- ☑️Conclusion
- ☑️Frequently Asked Questions
IC Markets at a Glance
| 🔎Broker | IC Markets |
| Company Information | |
| 📅Year Founded | 2007 |
| 🧑🏻💻Amount of staff | Over 200 |
| 👩💻Amount of active traders | Over 180,000 |
| 🌐Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️Regulation | ASIC (Australia), CySEC (Cyprus), FSA (Seychelles) |
| 🌎Country of regulation | Australia, Cyprus, Seychelles |
| 💻Account Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 🔋Investor Protection Schemes | Yes, through regulatory bodies |
| Account Types and Features | |
| 💳Institutional Accounts | Yes |
| 👨💼Managed Accounts | No |
| 📇Minor account currencies | EUR, GBP, AUD, CAD, CHF, JPY, NZD, SGD, HKD |
| 💰Minimum Deposit | $200 / 3607 ZAR |
| Trading Conditions | |
| 🕞Average deposit/withdrawal processing time | 1-2 business days |
| 🪙Fund Withdrawal Fee | None for most methods |
| 📊Spreads from | 0.0 pips on Raw Spread accounts |
| 💸Commissions | $3.50 per lot per side on Raw Spread accounts |
| 💱Number of base currencies supported | 10 |
| 🚀Swap Fees | Applicable |
| 📈Leverage | Up to 500:1 |
| 📏Margin requirements | Variable based on asset and leverage |
| ☪️Islamic account (swap-free) | Yes |
| 💻Demo Account | Yes |
| ⌛Order Execution Time | Average 40 milliseconds |
| 📆VPS Hosting | Yes |
| Trading Instruments | |
| 🧾CFDs-Total Offered | Over 2300 |
| 🗠CFD Stock Indices | Yes |
| ⚖️CFD Commodities | Yes |
| 📜CFD Shares | Yes |
| Deposits and Withdrawals | |
| 💳Deposit Options | Bank Transfer, Credit/Debit Cards, PayPal, Skrill, Neteller, UnionPay, others |
| 💵Withdrawal Options | Bank Transfer, Credit/Debit Cards, PayPal, Skrill, Neteller, UnionPay, others |
| Trading Platforms and Tools | |
| 💻Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader, IC Markets WebTrader |
| 👩💻OS Compatibility | Web-based (All major browsers), Windows, macOS, iOS, Android |
| 🖥️Forex trading tools | Autochartist, Trading Central, ZuluTrade, Myfxbook, Advanced charting tools |
| Customer Support | |
| 🗣️Live chat availability | Yes |
| 📱Customer Support email address | support@icmarkets.com |
| 📞Customer Support Contact Number | +61 2 8014 4280 |
| 👾Social media Platforms | Facebook, Twitter, LinkedIn, YouTube |
| 🗣️Languages supported on Website | English, Chinese, Spanish, Italian, French, more |
| Educational Resources and Support | |
| 🖺Forex course | Yes |
| 🧏♀️Webinars | Yes |
| 📚Educational Resources | Video tutorials, Articles, Webinars, Market analysis |
| Partnerships and Programs | |
| 🪪Affiliate program? | Yes |
| 👨🏫Amount of partners | Not publicly disclosed |
| 📋IB Program | Yes |
| 🏃♂️➡️Do they sponsor any notable events or teams? | No |
| 🪙Rebate program | Yes |
| 👉Open Account | 👉 Open Account |
IC Markets Minimum Deposit
The minimum deposit amount required to open a broker account with IC Markets is $200 / R3200 ZAR.
This is a standard minimum deposit requirement when compared to most other brokers in the industry and should present a low barrier of entry to most new traders.
IC Markets Deposit fees and deposit methods
IC Markets offers its customers several ways of depositing funds into their trading accounts. Common deposit methods include bank/wire transfer, PayPal, credit card, Skrill, Neteller, UnionPay, BPAY, FasaPay, and Poli.
When funding your account using online deposit methods such as credit cards, PayPal, Neteller, and Skrill, your deposit will appear instantly in your trading account.
Wire transfers and BPAY within Australia normally take one to two business days. For international bank transfers, you should allow up to three to five working days.
Typically, if a withdrawal request is received before 01:00 GMT (12:00 AEST) it will be processed on the day of receipt. If your withdrawal request is received after this time, it will be processed on the following business day.
Once the broker has processed your withdrawal request, you should allow at least 3 business days for the funds to reach you. This will vary depending on the withdrawal method used.
IC Markets does not charge any additional fees for deposits or withdrawals. 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.
Depending on the selected payment method, IC Markets accepts a relatively large number of deposit currencies, including but not limited to:
- AUD
- USD
- JPY
- EUR
- NZD
- SGD
- GBP
- CAD
However, some smaller currencies like ZAR/Rand are not accepted. Traders depositing in these currencies will incur conversion fees.
How to make an IC Markets Minimum Deposit
To deposit funds to 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.
Step 2: Fund your account
Select the ‘Funds’ tab, then ‘Deposit’ to begin the process.
Step 3: Select your desired deposit method
- Select your desired deposit method from the list.
- Fill in the relevant information for the deposit method you’ve chosen.
- Confirm the information and complete any further authentication required by your payment method.
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
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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 |
| Acceptable minimum deposit | |
| Good range of deposit methods | |
| No fees for deposits or withdrawals |
Conclusion
IC Markets’ Minimum Deposit amount is $200 to register a live trading account. This minimum deposit is equivalent to ZAR 3200.00 at the current exchange rate between the US Dollar and the South African Rand at the time of writing.
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Frequently Asked Questions
What is the minimum deposit for IC Markets?
The minimum deposit amount required to open a broker account with IC Markets is $200. This is a standard minimum deposit requirement when compared to most other brokers in the industry and should present a low barrier of entry to most new traders.
How do I make a deposit and withdrawal with IC Markets?
Common deposit methods include bank/wire transfer, PayPal, credit card, Skrill, Neteller, UnionPay, BPAY, FasaPay, and Poli.
Does IC Markets charge withdrawal fees?
IC Markets does not charge any additional fees for deposits or withdrawals. 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.
How long does it take to make an IC Markets withdrawal?
Typically, if a withdrawal request is received before 01:00 GMT (12:00 AEST) it will be processed on the day of receipt. If your withdrawal request is received after this time, it will be processed on the following business day.
Once the broker has processed your withdrawal request, you should allow at least 3 business days for the funds to reach you. This will vary depending on the withdrawal method used.
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