IC Markets Account Types: Detailed Overview for Traders

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

What types of trading accounts are available at IC Markets?

Below you will find a complete list of all account types available to traders on IC Markets, with details on features and useful information for choosing.

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.