IC Markets provides a range of trading account types tailored to different trader profiles, including beginners, retail traders and high-volume professionals.
Available accounts include the Standard Account (ideal for day traders), the Raw Spread Account (optimized for scalping trading) and the Islamic Account (swap-free for Muslim traders). Advanced traders and money managers can access the Professional Account, which offers higher leverage, lower margin requirements and additional benefits.
Each IC Markets account type has distinct pricing models and offers platform compatibility across MT4, MT5, and cTrader.
The availability of the IC Markets account types is subject to Regulatory compliance, trader expertise, and regional restrictions.
What types of trading accounts are available at IC Markets?
The IC Markets account types are listed below.
- IC Markets Demo account
- IC Markets Standard account
- IC Markets Raw spread account
- IC Markets Islamic account
- IC Markets Professional account
IC Markets Standard Account: Best for day traders
The IC Markets Standard Account is designed for day traders. It offers access to over 2,000 assets. IC Markets Standard Account features floating spreads starting from 0.6 pips, with no commissions on trades, and may incur rollover fees for positions held overnight. This account is available on the MetaTrader 4 and MetaTrader 5 platforms, with leverage up to 1:30 under CySEC and ASIC regulations, and up to 1:500 under FSA and SCB regulations.
The features of the IC Markets Standard Account are listed below.
- 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
The IC Markets Raw Spread Account is tailored for scalpers and provides access to over 2,000 assets. The IC Markets Raw Spread Account offers spreads starting from 0 pips, with a commission of $3.50 per lot on MetaTrader platforms or $3.00 on cTrader. This account supports MetaTrader 4, MetaTrader 5, and cTrader platforms.
The features of the IC Markets Raw Spread Account are listed below.
- 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
The IC Markets Islamic Account caters to traders of the Islamic faith with a swap-free trading environment. The IC Markets Islamic Account provides access to over 90 assets, with spreads starting from 0.0 pips and no swap charges. This account is available on MetaTrader 4 and MetaTrader 5 platforms.
The features of the IC Markets Islamic Account are listed below.
- 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
The IC Markets Professional Account is intended for experienced traders. It grants access to the full range of over 2,000 assets and offers higher leverage, lower margin requirements and additional benefits. The IC Markets Professional Account features spreads starting from 0 pips, with applicable rollover fees for positions held overnight and is available on MetaTrader 4, MetaTrader 5, and cTrader platforms.
The features of the IC Markets Professional Account are listed below.
- 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.
How to compare the IC Markets trading accounts?
The table to compare the IC Markets trading accounts is shown below.
| IC Markets Account Types | Minimum Deposit ($) | Minimum Spread (pips) | Volume-based Commissions | Overnight Fees | Minimum Trade Size (lots) |
|---|---|---|---|---|---|
| IC Markets Standard Account | No minimum deposit | 0.6 | No commissions | Yes | 0.01 (1 micro lot) |
| IC Markets Raw Spread Account | No minimum deposit | 0.0 | $3.50/lot (MT4, MT5) or $3.00/lot (cTrader) | Yes | 0.01 (1 micro lot) |
| IC Markets Islamic Account | No minimum deposit | 0.0 | No commissions | No (Swap-free) | 0.01 (1 micro lot) |
| IC Markets Professional Account | No minimum deposit | 0.0 | No commissions | Yes | 0.01 (1 micro lot) |
What are the requirements to open an IC Markets account type?
The requirements to open an IC Markets account are listed below.
- Contact requirements: The contact requirements of IC Markets include a valid email address and a valid phone number
- Age requirements: The age requirement at IC Markets is that you must be over 18 years old to open an account
- Legal requirements: The legal requirements at IC Markets include complying with KYC laws by verifying your identity with documents such as a passport or utility bill.
- Minimum deposit requirements: IC Markets minimum deposit to activate a live trading account is $200
- Regulatory requirements: The regulatory requirements at IC Markets stipulate that you must be a resident in a country where the broker operates
- Knowledge requirements: The knowledge requirements at IC Markets include answering questions about your trading experience and financial knowledge before accessing complex financial products.
Do IC Markets account types charge inactivity fees?
No, IC Markets account types do not charge inactivity fees. Traders who leave their accounts unused for a long period do not have to worry about additional costs. The broker does not impose penalties for inactivity, allowing clients to take breaks from trading without financial consequences.
An inactivity fee is a charge some brokers impose if a client does not make any buy or sell orders in their accounts for a given period. Traders who stop using their live accounts will not face penalties, but their accounts may be classified as dormant after a certain period. The broker reserves the right to deactivate accounts that remain inactive for extended periods.
Demo accounts remain free of inactivity charges under IC Markets fees. These trial accounts use virtual funds, meaning traders owe nothing to the broker. Abandoning a demo account does not lead to additional costs because the funds are not real, and the broker does not require any further action from the user.
To learn more, read our IC Markets review.