In this article we will explain how to open an IC Markets account and link it to ZuluTrade.
We will also explain the features of the IC Markets account once it is connected to ZuluTrade.
Table of Content
How to link the IC Markets account with ZuluTrade
Step 1: Open an account with IC Markets
IC Markets offers numerous account types for its traders.
However, it is necessary to open an MT4 account in order to link it to ZuluTrade.
Step 2: Fund your IC Markets account
To open an account with IC Markets and start copying traders on ZuluTrade, you need to deposit at least $200.
It is also possible to open a demo account before depositing real money, however, you will not be able to link your demo account to ZuluTrade.
Step 3: Open your ZuluTrade account settings
Once you have completed the IC Markets MT4 account registration process, you will need to open an account with ZuluTrade as well.
Once you have completed the processes, you will need to enter the private area of your ZuluTrade profile, and insert the MT4 data provided by IC Markets.
Once you have entered the data, you will simply need to use the interface provided by ZuluTrade to copy traders’ trades.
Main characteristics of the IC Markets ZuluTrade account
At IC Markets it is possible to open a ZuluTrade linked account in several base currencies, including EUR, USD and GBP.
Spread fees start at 0 pips, however there is slippage to consider when copying another trader. This ranges from an average of 1.48 pips for European clients, and 1.63 pips for international clients.
The maximum leverage available for copying other traders is 1:500, but for European clients it is 1:30.
Pros and cons of linking IC Markets to ZuluTrade
- Low spreads trading is available
- High leverage up to 1:500
- Slippage is higher than other ZuluTrade brokers
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