All Share (J203) = 112 197
Rand / Dollar = 16.93
Rand / Pound = 22.57
Rand / Euro = 19.75
Gold (usd/oz) = 4 215.24
Platinum (usd/oz) = 1 651.90
Brent (usd/barrel) = 63.79

Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!






IC Markets Sign Up Bonus

IC Markets sign up bonus - Main Banner-min
 

IC Markets’ Sign Up Bonus is not offered as a welcome bonus for new traders. IC Markets does not offer any additional bonuses, promotions, or rewards to prospective, new, or existing traders.

 

IC Markets CTA logo
  • 💰 Min Deposit: $200
  • 📈 Leverage: Up to 1:500
  • 🏦 Regulators: ASIC, CySEC, FSA, SCB

 

IC Markets Sign-Up Bonus – key points, quick overview:

  1. ☑️Overview
  2. ☑️IC Markets Sign up Bonus
  3. ☑️Affiliate Program Features
  4. ☑️How to open an Affiliate Account
  5. ☑️IC Markets at a Glance
  6. ☑️IC Markets Customer Reviews
  7. ☑️Pros and Cons
  8. ☑️Conclusion
  9. ☑️Frequently Asked Questions

 

Overview

  • Ultra-Fast Execution & Deep Liquidity: IC Markets 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: Offers 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 Markets?

Traders consistently choose IC Markets 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 Markets Sign up Bonus

  • IC Markets does not offer a welcome bonus to new traders who choose to register for a real account with the broker; this includes such offers as deposit bonuses and no-deposit bonuses.
  • The broker is regulated by ASIC, CySEC, FSA, and SCB, which recently placed restrictions on the offering of broker bonuses as part of an extended initiative to improve client protection measures.
  • As such, the regulator recommends that it is in the trader’s interest for a broker to incentivize new client accounts by offering more competitive trading conditions, such as through tight spreads and low commissions.
  • As a general explanation, a bonus can be best understood as a way of compensating traders for having decided to open an account with a chosen broker.
  • Once an account has been opened with a Forex broker, clients will have access to trading of currency pairs and will therefore have to incur some expenses for this trading. The bonus is just a way for the broker to reward the trader’s choice and give all or some of these expenses back to the trader.

 

Affiliate Program Features

  • IC Markets is an intriguing affiliate program for South Africans, giving you the potential to grow your business.
  • A simple application process and a detailed ‘How to Refer Clients’ guide make working with a reputable and regulated broker simple.
  • The program provides a variety of commission-paying trading accounts to accommodate a wide range of trading preferences.
  • Partners may expect extremely competitive, volume-based compensation and quick and flexible profit withdrawals via various payment alternatives.

 

Does IC Markets offer an affiliate or IB program?

Yes, IC Markets has a multi-tier affiliate and Introducing Broker (IB) program, providing generous revenue shares, detailed tracking dashboards, and flexible commission models for partners promoting the brand.

 

How do IC Markets partners earn commission?

Partners earn through CPA (Cost Per Acquisition) or revenue-share models based on client activity. The more clients you refer, the higher your commission potential, with real-time analytics and dedicated partner support provided.

 

How to open an Affiliate Account

To register an Affiliate Account, South African traders can follow these steps:

 

Step 1: Click on Partners

  • Navigate to the IC Markets Partners website.

 

How to open an Affiliate Account step 1

 

Step 2: Click the ‘Join Now’

  • Click the ‘Join Now’ button, and you will be redirected to the application form.

 

How to open an Affiliate Account step 2

 

Step 3: Fill out the application form

  • Fill out the application form with your personal and contact information.
  • Submit the form and wait for confirmation.
  • You will receive an email with your referral link and instructions on proceeding when authorized.

 

How to open an Affiliate Account step 3

 

10 Best Forex Brokers in South Africa for 2025

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#1

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

$100

#2

FSCA, FCA, DFSA, FSA, CMA

$0

#3

CySEC, MWALI, FSCA

$25

#4

ASIC, CySEC, FSA, SCB

$200

#5

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

$10

#6

FSA, FSC, FSCA

$20

#7

Read Review

FSC

$50

#8

ASIC, CySEC, FSCA, FSA, FSC, CMA

$100

#9

ASIC, CySEC, IFSC, DFSA, FCA

$5

#10

FSA, CySEC, FSCA, FSC

$10

#1

4.8/5

User Score

#2

4.7/5

User Score

#3

4.7/5

User Score

#4

4.7/5

User Score

#5

4.7/5

User Score

#6

4.5/5

User Score

#7

4.5/5

User Score

#8

4.8/5

User Score

#9

4.8/5

User Score

#10

4.4/5

User Score

 

IC Markets at a Glance

🔎BrokerIC-Markets-CTA-logo.png
Company Information
📅Year Founded2007
👨‍💼 Current CEOAndrew Budzinski
🏗️ Founder/sAndrew Budzinski
🧑🏻‍💻Amount of staff852
👩‍💻Amount of active traders180,000+
🌐Publicly Traded (Listed Company)No
Regulation and Security
🛡️RegulationCySEC,
ASIC,
SCB,
FSA
🌎Country of regulationAustralia, Cyprus, Seychelles
💻Account SegregationYes
🪫Negative balance protectionYes
🔋Investor Protection SchemesYes
🔐 Two-step AuthenticationYes
Account Types and Features
➕AccountscTrader,
Raw Spread,
standard
💳Institutional AccountsYes
👨‍💼Managed AccountsYes
📇Minor account currenciesAUD,
USD,
JPY,
EUR,
NZD,
SGD,
GBP,
CAD,
HKD,
CHF,
RMB,
💰Minimum Deposit$200 USD
Trading Conditions
🕞Average deposit/withdrawal processing timeInstant for deposits, 1-2 business days for withdrawals
🪙Fund Withdrawal FeeFree, but may vary based on payment method and account type
📊Spreads fromFrom 0.0 pips
💸Commissions$3 per lot per side
💱Number of base currencies supported10+
🚀Swap FeesOvernight financing fees apply
📈LeverageUp to 1:500
📏Margin requirements100 USD traded, 1 USD margin
☪️Islamic account (swap-free)Yes
💻Demo AccountYes
⌛Order Execution TimeTypically within milliseconds
📆VPS HostingYes
Trading Instruments
🧾CFDs-Total Offeredover +2200
🗠CFD Stock Indices25+
⚖️CFD Commodities22+
s
📜CFD Shares1,600+
👀 Watch listYes
📢 Trade AlertsNo
📉 Trading Stocks with GPYes
📊 Trading Indices with GPYes
💱 Swap on the trading boardYes
Deposits and Withdrawals
💳Deposit OptionsCredit Card,
Debit Card,
PayPal,
Skrill,
Neteller,
UnionPay,
Wire Transfer,
Bpay,
FasaPay,
Poli
💵Withdrawal OptionsCredit Card,
Debit Card,
PayPal,
Skrill,
Neteller,
UnionPay,
Wire Transfer,
Bpay,
FasaPay,
Poli
🎁 Welcome BonusNo
Trading Platforms and Tools
💻Trading PlatformsMetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
👩‍💻OS CompatibilityWindows,
Mac (via emulation), Android,
iOS
🖥️Forex trading toolsYes
Customer Support
🗣️Live chat availabilityYes 24/7
📱Customer Support email address[email protected] (General)
📞Customer Support Contact NumberThailand: +661800011956
Indonesia: +6280332160329
Colombia: +5718005190364
Vietnam: +8412032513
👾Social media PlatformsFacebook,
Twitter,
Instagram
🗣️Languages supported on Website15 +
Educational Resources and Support
🎓 Beginners Trader friendly UXYes
🖺Forex courseYes
🧏‍♀️WebinarsYes
📚Educational ResourcesYes, articles, videos, and tutorials
Partnerships and Programs
🪪Affiliate program?Yes
👨‍🏫Amount of partnersOver 2 500+
📋IB ProgramYes
🏃‍♂️‍➡️Do they sponsor any notable events or teams?Yes, the Qatar Economic Forum 2025
🪙Rebate programYes
💬 Community ForumNo
South African Trader Specific Information
🌐 Official Website addresswww.icmarkets.com
👍 Official Facebook PageYes
🐦 Official Twitter PageYes
▶️ Official Youtube ChannelYes
🏢 Official Linkedin PageYes
📸 Official Instagram PageYes
🌍 South African Specific Information
Does IC Markets Accept South African Traders?Yes
Is IC Markets regulated by the South African regulatory body (FSCA)?No
Does IC Markets offer an Affiliate Program for South African Traders?Yes
Does IC Markets allow opening trading accounts in ZAR (South African Rand)?Yes
📝Sign up👉Open Account

 

IC Markets Customer Reviews

  • Trusted for Transparency & Low Costs: Traders consistently praise IC Markets 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 Rating4.8/5 – Highly rated for competitive pricing,
reliability,
and advanced trading infrastructure.
👏Customer SatisfactionPositive – Clients appreciate low spreads, fast execution,
and diverse trading instruments.
📞Customer ServiceResponsive and professional – Available 24/7 via live chat,
email,
and phone in multiple languages.

 

Customers Ratings

🌐 Platform📝 Feedback Summary⭐ Rating
Myfxbook logo
Generally positive feedback users appreciate competitive spreads,
fast execution,
and reliable customer support.
⭐⭐⭐⭐⭐
Forex Peace Army logo
Mixed reviews many users commend the broker's services and support,
while some report issues with fund withdrawals and account closures.
⭐⭐⭐☆☆
Sitejabber logo
Predominantly negative reviews users report concerns about withdrawal issues and customer service responsiveness.⭐☆☆☆☆
google logo
Generally positive
users highlight the platform's user-friendly interface and efficient customer support.
⭐⭐⭐⭐⭐
HelloPeter logo
IC Markets is generally positive,
with many users praising the broker's competitive spreads, reliable trading platforms,
and excellent customer support.
⭐⭐⭐⭐⭐
TrustPilot Logo
Highly positive reviews
users praise the broker's reliability,
competitive spreads,
and prompt customer service.
⭐⭐⭐⭐⭐

 

IC Markets CTA logo
  • 💰 Min Deposit: $200
  • 📈 Leverage: Up to 1:500
  • 🏦 Regulators: ASIC, CySEC, FSA, SCB

 

Pros and Cons

✅ Pros❌ Cons
Comprehensive and competitive trading conditions despite lack of bonuses and rewardsNo broker bonuses, welcome bonus, no-deposit bonus offered with first time sign-up

 

Conclusion

IC Markets does not currently offer any bonuses for new traders who register an account, nor do they offer any rewards for loyal customers, but despite this, IC Markets has favorable trading conditions that cater to beginner traders and experts.

IC Markets does not provide any promotions or bonuses to its new or existing clients. This is in line with the broker’s regulatory requirements under the auspices of the Australian Securities and Investments Commission (ASIC).

 

You might also like:

 IC Markets Review

IC Markets Account Types

IC Markets Demo Account – Step by Step

IC Markets Fees and Spreads

IC Markets Minimum Deposit

 

Frequently Asked Questions

 

Does IC Markets have a Partner/Affiliate program?

Yes, IC Markets has an Introducing Affiliate program.

 

Will I receive a bonus if I refer a friend or family member to IC Markets?

IC Markets does not have a referral bonus as such.

 

Does IC Markets offer any additional bonuses?

There are no bonus offerings at the current time from this broker.

 

Does IC Markets offer a sign-up bonus for new traders?

Currently, IC Markets does not offer a sign-up bonus, welcome bonus, or no-deposit bonus for new traders registering a real account.

 

Can I withdraw profits from an IC Markets sign-up bonus?

In past promotions, like the 2023 Exclusive Bonus (up to $150), profits earned from trading with bonus funds could be withdrawn once specific requirements (e.g., minimum deposit and trading volume) were met.

 

Are there alternative rewards if IC Markets doesn’t offer a sign-up bonus?

IC Markets offers other incentives. The Raw Trader Plus rebate program provides cashback of up to $2.50 per lot traded.

 

How can I confirm if a sign-up bonus is available from IC Markets?

To verify any sign-up bonus, visit the official IC Markets website.

 

Louis Schoeman

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

November 2, 2025

Louis Schoeman

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.

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