IC Markets

IC offers two types of accounts: Standard account and Raw Spread account. The Raw Spread account shows the raw inter-bank spread with a commission charge of $7 per standard lot round turn. The Standard account does not charge a commission but applies a spread mark-up of 0.08 pip above the raw inter-bank rate.

IC does not charge a commission on Standard accounts but applies a spread mark-up of 0.08 pip. For the Raw Spread account, there is a commission of $7 per standard lot round turn. Commission rates vary by base currency, for example, AUD is $9.00 round turn, USD is $7.00 round turn, and so on.

IC does not require a minimum deposit to open a trading account.

Yes, IC is regulated by the Financial Services Authority of Seychelles (FSA).

To open a live trading account, click on the 'Open a Live Account' link and complete the application form. Once approved, you will receive your trading account login details and password via email.

You need to provide photo ID (issued by a government agency) and proof of address to verify your identity. The photo ID must be clear, show your name, signature, expiry date, and date of birth.

IC's trading hours are from 00:01 to 23:57 MetaTrader 4 Server Time (Monday to Friday). Note that trading hours for specific instruments may vary.

You can deposit funds using methods like bank/wire transfer, PayPal, credit card, Skrill, Neteller, UnionPay, Bpay, FasaPay, and Poli. Withdrawals can be requested via your Client Area and are processed the same business day if received before 12:00 midday AEST/AEDT.