IC Markets Account Types: List & Characteristics (2023)

filippo ucchino Filippo Ucchino calendar Last Updated: December 2022 timer 3 Min Read

IC Markets offers a good number of account types:

  • IC Markets Demo account
  • IC Markets Standard account
  • IC Markets Raw spread account
  • IC Markets Islamic account
  • IC Markets Professional account
Table of Content

IC Markets account types: Full list and features

According to your country of residence, you may access different features and financial instruments, as IC Markets have several regulations all over the world. Retail clients from Europe, the UK, and Australia are likely to find leverage up to 1:30.

IC Markets Standard account: Best for day traders

  • Availability: Under CySEC, ASIC, FSA, SCB.
  • Markets: Forex, commodities, indices, bonds, stocks, futures, cryptocurrencies (2000+ assets in total).
  • Commissions: Floating spread from 0.6 pips. Rollover fees may apply for positions open overnight.
  • Platforms: MT4, MT5.
  • Trade size: From 1 micro lot.
  • Leverage: Up to 1:30 (CySEC, ASIC), up to 1:500 (FSA, SCB).
  • Account opening: Demo account is unlimited and there is no minimum deposit when switching to a live account.

IC Markets Raw spread account: Best for scalpers

  • Availability: Under CySEC, ASIC, FSA, SCB.
  • Markets: Forex, commodities, indices, bonds, stocks, futures, cryptocurrencies (2000+ assets in total).
  • Commissions: There is a spread from 0 pips along with a commission of $3.50 (on MetaTrader), or $3.00 (cTrader). Open positions overnight attract a rollover fee.
  • Platforms: MT4, MT5, cTrader.
  • Trade size: From 1 micro lot.
  • Leverage: Up to 1:30 (CySEC, ASIC), up to 1:500 (FSA, SCB).
  • Account opening: You can register for an unlimited demo account and then proceed to a live account with no minimum deposit.

IC Markets Islamic account: Best for Muslim traders

  • Availability: Under CySEC, ASIC, FSA, SCB.
  • Markets: Forex, commodities, indices, bonds, stocks, futures, cryptocurrencies (90+ assets in total).
  • Commissions: Spreads starting from 0.0 pips.
  • Platforms: MT4, MT5.
  • Trade size: From 1 micro lot.
  • Leverage: Up to 1:30 (CySEC, ASIC), up to 1:500 (FSA, SCB).
  • Special features: Swap-free trading.
  • Account opening: There is an Islamic demo account; you need to open any live account and then contact customer support to make it swap-free.

IC Markets Professional account: Best for pro traders

  • Availability: Under ASIC.
  • Markets: Forex, commodities, indices, bonds, stocks, futures, cryptocurrencies (2000+ assets in total).
  • Commissions: On this account, the spread starts from 0 pips; any position left open overnight will be charged a rollover fee.
  • Platforms: MT4, MT5, cTrader.
  • Trade size: From 1 micro lot.
  • Leverage: Up to 1:500.
  • Account opening: There is no minimum deposit to open a live account.

What happens to inactive IC Markets trading accounts?

IC Markets does not charge any inactivity fee.

To learn more, read our IC Markets review.


About The Author

Filippo Ucchino

Co-Founder - CEO - Broker Expert
Filippo is the co-founder and CEO of InvestinGoal.com. He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.

Leave a Reply

Your email address will not be published. Required fields are marked *

Better Informed

Find and Compare The Best
Online Broker For You

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
ADVERTISER DISCLOSURE: InvestinGoal is completely free to use for all. Though we may receive a commission from brokers we feature, this does not impact the results of our reviews or rankings which are conducted with complete independence and objectivity, following our own impartial methodology. Help us continue to provide the best free broker reviews by opening your account with our links. Please read our Advertiser Disclosure to learn more.
Copyright © 2023 InvestinGoal.com – All rights reserved. / Privacy and Cookie Policy / Basic Terms of Use / Risk Warning / Sitemap