IC Markets
21% Commission discount
52

IC Markets

created Paweł MosionekJuly 1 2023
Details
account types

ECN

Min. Deposit

200$

Regulation

ASIC (Australia), CySEC (Cyprus)

instruments

Forex, indices, goods, metals, stocks, futures, cryptocurrencies

Leverage

1:1 - 1:500

Type of spread

variable and market variable

Spread EUR / USD

from 0,0 pips

Min. Volume

0,01 lot

Commission

5,5 $ for 1.0 flight from Forex Club

An account in a Polish bank

NEVER

Deposit guarantee

-

Platform

MT4, MT5, cTrader

WEB platform

YES - MT4, cTrader

Mobile platform

YES (iOS, Android, cTrader mobile Web*)

Additional services

VPS, Autochartist, trading tools, FIX API, Myfxbook Autotrade, MAM / PAMM

DEMO ACCOUNT
REAL ACCOUNT
Pros

- ECN model
- attractive commissions
- ASIC and CySEC regulations

Cons

- no bank account in Poland

IC Markets has been a global Forex broker since 2007. The company is headquartered in Sydney and regulated by the Australian Securities and Investments Commission (ASIC) with license number AFSL 335692, Cypriot financial regulator CySEC with license number 362/18.

The extensive offer based on the market model of order processing and attractive commissions is addressed to even the most demanding traders.

COMMISSION DISCOUNT -21% PERMANENT

Attention! The commission discount only applies to accounts under GLOBAL jurisdiction, which currently no longer accepts customers from Europe. An alternative is to create an account at IC Trading – a broker using the same liquidity provider as IC Markets.

Additional features of the offer:

  • Fixed commission discount -21% for MT4 / MT5 and -8% for cTrader - details
  • Execution model: ECN,
  • Very attractive commissions (5,5 USD for 1.0 lot with a discount of Forex Club),
  • Account in USD, EUR, CHF, GBP, CAD, SGD, AUD, NZD, HKD, JPY,
  • Two types of accounts: Standard, RAW,
  • Free withdrawals by bank transfer [Novelty!]
  • DAX spread 0,5 pips (no commission),
  • Min. 0.01 lot transaction volume,
  • Lever from 1: 1 to 1: 500 *,
  • 0d 0,0 spreads pips,
  • Regulations: Australia, Cyprus,
  • Transaction platforms: MT4, MT5, cTrader** + mobile and Web,
  • Access to: Myfxbook Autotrade, MAM / PAMM accounts, EA Lab Tradeview, Fix API, VPS,
  • No dealing desk,
  • Advanced trading tools package,
  • Instruments: currencies, precious metals, commodities, indices, CFDs on stocks, futures, cryptocurrencies - over 1700 instruments in total!
  • Deposits and withdrawals: bank transfer, PayPal, Skrill, Neteller, credit / debit cards, Bitcoin,
  • Possible transfer of funds directly between brokers - details,
  • Possible any type of trade: news trading, EA, scalping, HFT.

*The offer is addressed to residents from outside the European Union.

By creating an account from the Forex Club website, you gain access to a whole range of benefits - and everything is in full FREE.

Having a real account in the Forex Club group you will receive:

  1. Lower commission - Details
  2. You will get a set of tools to help you trade - Forex Club Tools
  3. You will receive a program for settlements with the tax office - Tax program
  4. You will get a discount on all programming services.

Investments in OTC market instruments, including currency exchange rate (CFD) contracts, due to the use of the leverage mechanism, entail the possibility of incurring losses exceeding the value of the deposit. It is not possible to make a profit on transactions on OTC instruments, including currency exchange contracts (CFDs) without risking a loss, therefore contracts for exchange differences (CFDs) may not be suitable for all investors.

The offer is addressed to residents from outside the European Union.

DEMO account

DEMO account at IC Markets

ic markets demo

It only takes a minute to start trading with your IC Markets DEMO account. To do this, click on "START TRADING NOW", to fill in REGISTRATION FORM (without Polish symbols!), and then select the account parameters from the customer panel (sending documents at this stage is not necessary). After a while, login details, a link to download the trading platform and access data to the Customer Panel will be sent to the provided e-mail address.

The demo account with IC Markets is unlimited in time. The account will be active all the time - all you need to do is use it (log in, make transactions). You can open any number of demo accounts using the same contact details.

 Three basic platforms are available:

  • MetaTrader 4,
  • MetaTrader 5,
  • cTrader.

*There are two account types available on the MT4 and MT5 platforms: Standard and RAW Spread. Only the RAW Spread account type is available on the cTrader platform.

Note:

Assuming a DEMO account from the above link, opening an actual account from the client's panel should ensure that it is automatically assigned to our group. After completing the registration process, we recommend contacting us for verification.

REAL Account

REAL Account

Attention! IC Markets currently no longer accepts customers from Europe. An alternative is to create an account at IC Trading – a broker using the same liquidity provider as IC Markets.

Individual clients

  1. Go to the site IC Markets and click on the tab START TRADING NOW - REGISTER
  2. A prerequisite to get additional benefits (including commission rebate) is to go to the form via the link above. Before doing this, it is worth clearing cookies from the browser.
  3. Fill in the registration form - Do not use special characters!
  4. After filling in the form, you will receive an activation link to the e-mail address in which you must click.
  5. Log in to Client Area using your e-mail address and password of your own.
  6. Prepare two documents - 1) a scan of two-sided ID card, passport or driving license, and 2) an account or bank statement not older than 3 months, which will confirm the address you provided in the form.
  7. Attach scans of documents in the Client Area (after logging in -> "Upload Documents " -> "Upload") or send them by e-mail to the address support@icmarkets.com.
  8. After verifying the documents in the Customer Area, you can set up a selected investment account. The next step is to make a deposit.
  9. After registration contact contact us by sending an identification number (Client ID) to verify the correctness of registration.

Lower your commission

If you already have an active real account with IC Markets but at the same time you want to join the group of Forex Club clients to receive access to all the benefits we offer, Write to us - CONTACT.

Institutional clients

If you are interested in opening a company account, please contact us in advance contact.

Risk Information

Investments in OTC market instruments, including currency exchange rate (CFD) contracts, due to the use of the leverage mechanism, entail the possibility of incurring losses exceeding the value of the deposit. It is not possible to make a profit on transactions on OTC instruments, including currency exchange contracts (CFDs) without risking a loss, therefore contracts for exchange differences (CFDs) may not be suitable for all investors. According to the KNF guidelines, the broker should offer a leverage greater than 1: 100 only to people who do not have Polish residence.
The offer is addressed to residents from outside the European Union.

Types of accounts

Types of accounts

The IC Markets offer consists of two types of accounts and three different trading platforms.

name of the account Standard RAW Spread
Account type ECN ECN
Platform MT4, MT5 MT4, MT5, cTrader*
Min. Deposit 200$
Spread EUR / USD from 1.0 pips from 0.0 pips
Standard commission - $ 7 for 1 lot - MT4 / 5
$6 for 1 lot – cTrader*
Commission with Forex Club - 5,5$ for 1 lot - MT4 / 5
$ 5,5 for 100k USD - cTrader
Forex Club discount - -21% - MT4 / 5
-8% – cTrader*
Attention! The commission discount only applies to accounts under GLOBAL jurisdiction, which currently no longer accepts customers from Europe. An alternative is to create an account at IC Trading – a broker using the same liquidity provider as IC Markets.

Commission policy

Commission policy

Currency pairs

IC Markets has introduced to the offer transparent and simple commission terms that depend on the type of invoice.

Standard account

The only cost to the trader is spread. The broker's remuneration is already included in its value. Thanks to this, novice investors have no problem estimating the transaction cost before concluding the transaction. Standard account spreads start from 1.0 pips.

RAW Spread Account

The spread assumes market volatility ​​and depends on the current liquidity on the market. IC Markets' fee is the commission separately added to the transaction and its monetary value results from the volume of the position. A fixed rate of 1.0 is paid, regardless of the currency pair.

Commission discount for ForexClub.pl clients

  1. The reduced commission resulting from belonging to the Forex Club is granted permanently.
  2. Just you open an account via the ForexClub.pl website.
  3. The discount applies only to RAW Spread accounts (does not apply to demo accounts).
  4. The discount is on the MetaTrader 4/5 platform (-21%)and on cTrader (-8%).
  5. All our Club Members are eligible for the discount, regardless of the deposit and turnover.
  6. The discount can be combined with other promotions organized by the broker.
  7. The discount applies only to currency pairs and precious metals.
  8. The commission discount is active from the machine. Nevertheless, it is worth checking after the first transaction if a lower rate has been charged - if not, please contact us.
  9. The discount is included in the commission paid at the time of the transaction.

Note:
If you want to be sure that your account will go to the Forex Club group and will be covered by a commission discount, clear cookies from the browser before going to the registration form from the link above.

Attention! The commission discount only applies to accounts under GLOBAL jurisdiction, which currently no longer accepts customers from Europe. An alternative is to create an account at IC Trading – a broker using the same liquidity provider as IC Markets.

Commission rates and account currency

MetaTrader 4/5

The commission is calculated on the transaction volume. Depending on the account's deposit currency, the rates may vary slightly.

In the table below we present the values ​​collected by IC Markets in a given currency, which they already include a discount for Forex Club customers.

Account currency USD EUR GBP CHF AUD NZD CAD JPY SGD
Commission for 1 lot 5,50 4,30 3,70 5,25 5,50 7,00 5,50 550 7,00

cTrader

The currency of the bill does not matter. The commission for Forex Club clients is USD 27,50 for 1 million USD turnover, compared to the standard USD 30 per page. The commission rate is converted based on the generated turnover of the position - for the opening and closing of a 1.0 lot USD transaction, the commission is 5,5 USD (compared to the standard 6 USD).

CFD instruments

On CFDs, the cost is always calculated in its entirety in the transaction spread. To find out how spreads for individual instruments are shaped, the best option is to set up a demo account (quotes identical to the real account) or use the following subpage.

Already open an account with IC Markets but would like to take advantage of the discount?

Contact us.

Payment and withdrawal of funds

Payment and withdrawal of funds

Fund management operations are available from the Client Area.

The most popular methods:

  • traditional bank transfer (Without payments!),
  • credit / debit card,
  • Skrill
  • Neteller,
  • PayPal,
  • Bitcoin wallet.

Transactions are available in up to 10 currencies: USD, EUR, CHF, GBP, AUD, NZD, JPY, HKG, CAD, SGD.

Payments

IC Markets does not charge, but also does not cover, costs related to the transfer of funds. In the case of a transfer transaction, the customer bears the SWIFT / SEPA transfer costs according to his bank's price list. The duration of such an operation is usually 1-3 business days.

If you want to quickly top-up your account, the best deals are credit card / debit card transactions or on-line payment operators, such as Skrill, Neteller or PayPal. The funds on the account are posted on the same day.

Withdrawals

The withdrawal of funds is ordered after logging in to the Customer Area (tab Withdraw Funds), where we can also monitor the status of our transactions.


EVERYTHING ABOUT PAYMENTS FOREIGN BROKER


Financial instruments

Financial instruments at IC Markets

IC Markets offers over 1700 financial instruments on which transactions can be concluded. Their quantity is the same regardless of the type of bill selected.

Type of instrument Number of instruments
Currency pairs 61
Precious metals 6
Stock indices 25
Futures 4
CFD per share 1659
treasuries 11
Commodities 11
Cryptocurrencies* 13

 

Platforms

Platforms

Available platforms:

  • MetaTrader 4,
  • MetaTrader 4 Web,
  • MetaTrader 4 for MAC,
  • MetaTrader 5,
  • cTrader.

Mobile platforms:

  • ICM Trader iOS,
  • ICM Trader Android,

MetaTrader 4

MetaTrader 4 is one of the most known trading platform among Forex traders. The software, which debuted in 2004, became a bestseller on a global scale, and owes its popularity to intuitiveness, reliability and a high level of security. A wide range of configuration and personalization options combined with a huge number of tools in the form of indicators, overlays and automatic strategies makes trading on MT4 a pure pleasure.

ic markets metatrader 4

Download the software directly from the customer panel.

A set of tools for our clients:

Webtrader MetaTrader 4

It is an alternative version of the MetaTrader 4 desktop platform. Its biggest advantage is the ability to run on any computer without the need to install additional software (except a web browser). Webtrader offers users real-time charts with basic analytical tools. It is also the ability to efficiently conclude transactions and manage the position, thanks to the ability to add and edit orders from the chart level.

Advantages of Webtrader MT4:

  • on-line trading platform,
  • cooperation with all known browsers,
  • one-click trade,
  • speed and reliability of operation,
  • basic analytical tools,
  • real-time charting.

Go to Webtrader MT4 directly from the client panel.

Note:

Logging in to the investment account using the Webtrader MT4 platform is done using the same data as the stationary MT4 platform.

MetaTrader 5

The fifth edition of MetaQuotes by the world-famous MetaTrader platform is a solution prepared primarily for cooperation with STP and ECN brokers. The fifth version of the MT platform enriches trade with several important functions that MT4 has lacked so far.

Download the software directly from the customer panel.

A set of tools for our clients:


COMPARISON: METATRADER 4 vs METATRADER 5


cTrader

Relatively new software on the market, intended for cTrader accounts, characterized by transparency and functionality, and above all, amazing speed of action.

Main advantages:

  • concluding transactions with one click;
  • advanced Take Profit orders,
  • copying shares from MT4,
  • Trailing Stop on the broker server side
  • converter for MQL indicators,
  • selection of any time zone,
  • e-mail notifications about activation of pending orders,
  • around 50 the most popular indicators of technical analysis;
  • many time intervals of charts (including 2, 3, 4, 10 minutes!);
  • the ability to "disconnect" the chart from the platform,
  • available interface in Polish,
  • available version MOBILE (iOS, Android) and WEB,
  • cAlgo - module for programming and testing automatic strategies

Download the software directly from the customer panel.

Review of the cTrader platform

Trading tools

Trading Tools

Free VPS

IC Markets offers its clients access to a free private server. Two service providers are available - BeeksFX and ForrexVPS.net (server activation within 20 minutes).


VPS AND FOREX TRADING


To get free access to VPS, only one condition must be met - close transactions with a total volume of 15.0 lots within a month.

A set of 20 indicators and tools

Basic analytical tools are not enough for you? Do not worry! IC Markets has prepared for its clients a collection of as many as 20 additional "boosters" for the MT4 and MT5 platforms. The set includes, among others:

  • Alarm Manager,
  • Correlation Matrix,
  • Correlation Trader,
  • Trade Terminal,
  • Market Manager,
  • Mini Terminal,
  • Sentiment Trader,
  • Session Map,
  • Smart Lines,
  • Stealth Order,
  • Tick ​​Chart Trader.

DOWNLOAD THE TOOL

Myfxbook Autotrade

myfxbook autotrade

A platform for copying the games of other traders (so-called social trading), servicing accounts from approx. 40 brokers from around the world, including IC Markets. It is an ideal tool for investors who achieve satisfactory results, who want to additionally increase their income (signal providers), as well as for people who would like to rely on the experience of others without making investment decisions on their own.

Detailed description and possibilities of the Autotrade platform can be found at the following link.

MYFXBOOK AUTOTRADE

Autochartist

It is an invaluable service supporting the trader in performing analyzes, in particular technical analysis. Thanks to advanced algorithms, it is able to analyze a huge amount of data at one time and find interesting traders on the chart and key levels. Autochartist is an on-line service and comes in the form of a plug-in for the MetaTrader 4 platform. This tool will primarily facilitate your analyst's work, save time and allow you to look at many markets at the same time.

IC Markets clients with real account receive access to the website completely free. In the case of demo accounts, access is also possible, but with 5-secular delay.

Autochartist

Autochartist functions:

  • Forecasts in graphic form,
  • Personalization of searching for instruments and formations,
  • Analysis of volatility,
  • Sound alarms about the occurrence of the formation,
  • The ability to run directly on MT4,
  • Detection of the Fibonacci formation,
  • Automatic drawing of the technical analysis form on the chart,
  • Market news and macroeconomic comments,
  • Statistics on the effectiveness of the formation of the last 6 months.

DOWNLOAD PLUGIN AT MT4

VIDEO GUIDE AUTOCHARTIST

FAQ

FAQ - IC Markets

General questions

No, these are two separate entities, but the offer, commissions and liquidity providers remain the same. 
You must pass the registration procedure, which is described on our website HERE.
The discount applies automatically to everyone who opens a real account from ForexClub.pl. It is worth verifying belonging to our customer group to be 100% sure that your account is in it. The entire registration procedure is described HERE.
Yes, the minimum deposit is 200 $ for each account type.
No. It is fully free. The only fees a broker gets are transaction or spread fees.
Of course. Documents scans (or photos in high quality) can be sent by e-mail or attached in the Customer Area.
The entire online account opening procedure should close within one business day. If we provide scans of documents immediately, there is a chance to complete the account creation process within the same 24 hours.
No. Due to the fact that it is a foreign entity, there is no obligation to send PIT-8c to us. Transactions should be settled on its own, based on the history of the platform. For this purpose you can use the Forex Club Tax program, which is completely free for our clients - the program is available HERE.

Retail

IC Markets offers several platforms: MetaTrader 4, MetaTrader 5, cTrader and their browser equivalents. Additionally, mobile platforms are available for Android and iOS devices. Please note - the cTrader platform is temporarily unavailable to customers.
You can check the history of transactions on the platform in the Commission column (if you do not see this column, you should right-click and add it).
On each type of account, the minimum volume is 0.01 lot.
Of course. The broker does not limit the customer in any way.
You can use one of several methods offered. The most popular are: bank transfer and credit or debit card transactions.
The posting time for a bank transfer is 1-3 business days. A much faster method is to make a deposit using electronic channels, where the funds are on the same account the same day.
No. You can deposit and withdraw deposits only from your bank account. Transactions from third parties are not accepted.
The payment of funds is strictly dependent on the chosen transaction method.
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About the Author
Paweł Mosionek
An active trader on the Forex market since 2006. Editor of the Forex Nawigator portal and editor-in-chief and co-creator of the ForexClub.pl website. Speaker at the "Focus on Forex" conference at the Warsaw School of Economics, "NetVision" at the Gdańsk University of Technology and "Financial Intelligence" at the University of Gdańsk. Twice winner of "Junior Trader" - investment game for students organized by DM XTB. Addicted to travel, motorbikes and parachuting.