IC Markets Minimum Deposit Guide (2021), icmarkets no deposit bonus.

Icmarkets no deposit bonus


The next IC markets deposit method you may be wondering about is cryptocurrency.

No deposit forex bonuses


IC Markets Minimum Deposit Guide (2021), icmarkets no deposit bonus.


IC Markets Minimum Deposit Guide (2021), icmarkets no deposit bonus.


IC Markets Minimum Deposit Guide (2021), icmarkets no deposit bonus.

In fact we can see that no minimum is required, although a 200 USD deposit is recommended so that you can get the most out of the services offered by the broker. This does not change regardless of where you are based.


IC markets minimum deposit guide (2021)


ic-markets-minimum-deposit-guide


Trading with IC markets there is every chance that you have already taken a look at our IC markets review.


This will provide you with much of the information you need in order to get started.


Here we are going to get our feet wet a little more with information around the specific areas of IC markets minimum deposit amounts, and IC markets funding methods.


This should present you with all the options you need when depositing and beginning to trade with the broker.


Table of contents

74-89 % of retail CFD accounts lose money


IC markets base currency


As a major broker, IC markets makes a variety of base currencies available for you to trade with. These base currencies do not change regardless of which regulatory authority you are under, or where you are based. This can be something of a positive for many traders who like to choose their base currency.


The options available include USD, AUD, EUR, GBP, SGD, NZD, JPY, CHF, HKD, and canadian dollar. If you choose to use a different currency to deposit then you may well be liable to incur a conversion fee.


IC markets funding and deposit methods


As you would expect, there are a range of common funding methods to be found as a trader with IC markets. Here we will take a closer look at the conditions surrounding each method.


Wire transfer


Like almost all top forex brokers, wire transfer deposits and withdrawals are made available by IC markets. These deposits accept all of the base currencies mentioned above with the only exception being if you are located within europe. If this is the case, then you can choose between deposits in euro, GBP, or USD only.


There are no fees from the broker side for wire transfers, though you will want to check with your bank to verify their policy as fees could apply from that side. There is a typical processing time of between 2-5 days for wire transfer deposits.


No IC markets minimum deposit amount applies here.


Credit/debit card


Both credit and debit card deposits are available around the world with IC markets. Mastercard and visa, in particular, are always available. Every base currency is facilitated with the exception of HKD and if you are located again in europe, you must choose between a deposit in euro, GBP, or USD.


With the credit and debit card deposits, again there are no fees attached from the broker end and the deposit is instant so you can trade with your funds right away. Once again, no specific minimum deposit applies here.


IC Markets Funding Methods


Ewallets


Ewallets are an increasingly popular deposit method among top forex brokers. With IC markets these methods are available around the world with the exception of within europe. Even so, UK traders can still use ewallets although only neteller is available to UK traders.


Traders in other places can avail of paypal, neteller, neteller VIP (not available in the UK), and skrill. When it comes to base currencies, all are supported by paypal deposits, all except HKD, CHF, and NZD are supported by neteller, and neteller VIP supports AUD, GBP, EUR, CAD, SGD, and JPY. Skrill as a funding method supports 6 currencies in AUD, USD, JPY, EUR, GBP, and SGD.


There are no fees to be concerned about with these deposit methods and the funds are usually available right away. Again, there is no minimum deposit from IC markets to be concerned about.


Cryptocurrencies


The next IC markets deposit method you may be wondering about is cryptocurrency.


The only crypto which you can use in funding your account is bitcoin, but there are no fees attached to this other than the minimal fees from your own BTC wallet which can be directly used to deposit.


The processing time for this method depends on the crypto network traffic but usually completes within 2-hours.


Other methods


Naturally, there are other methods available for you to deposit with IC markets.


These are largely fee-free and depending on your location. The exception here is when you use china unionpay cards. This facilitates a CNY deposit, but there is a 3.5% fee attached.


Other deposit methods from within europe include klarna and rapidpay which both allow for EUR or USD deposit.


Outside europe, bpay and poli can be used for AUD deposits, fasapay for USD deposits, and if you are located in thailand or vietnam, you can avail of their online internet banking services to deposit USD within 30-minutes.


IC markets minimum deposits


Having had a look at all of the funding methods available, we can see that no minimum deposit particularly applies to any funding method you wish to use.


Now let us take a closer look at whether any minimum deposit in IC markets is needed based on the IC market account types.


In fact we can see that no minimum is required, although a 200 USD deposit is recommended so that you can get the most out of the services offered by the broker. This does not change regardless of where you are based.


So, IC markets minimum deposit is officially 0$. In fact, IC markets is one of our forex trading no minimum deposit option.


Metatrader standard account


The IC markets standard account type makes the well-known and respected MT4 and MT5 trading platforms available for you. This account type features no commission and low spreads which start from 1 pip.


This account type also features micro lot trading if you require it. The IC markets standard account minimum deposit is 0$.


ic markets low spread


Metatrader true ECN account


The IC markets metatrader true ECN account as referred to in the name makes ECN execution of trades available through both metatrader platforms. This account has spreads that begin from 0 pips although a commission is charged within trading on this account type. That commission amounts to $7 per round trade on a lot.


Again, the IC markets true ENC minimum deposit requirement is 0$.


Ctrader true ECN account


The final account type we will examine is the ctrader true ECN account. This account type has many similarities with the metatrader ECN account and again facilitates ECN-executed trades with a spread starting from 0 pips and commission applied. The commission here is slightly lower at $6 per round turn on a currency lot.


Again micro-trading is catered for and no minimum deposit applies.


Related guides:


IC markets deposit bonus


When it comes to IC markets bonus types that are offered, unfortunately, the broker does not offer any type of trading or no deposit bonus.


This may change in the future with the possibilities open outside the strict european regulations, but at the moment this is not the case.


74-89 % of retail CFD accounts lose money



IC markets sign up bonus


A first time IC markets sign up bonus is not offered by IC markets.


Traders who register a real account with IC markets are not offered with either a first time sign up bonus, a deposit bonus, or a welcome bonus.


Brokers often offer these broker bonusses to new traders in an effort to draw in more customers in addition to encouraging trading activities. Offering a deposit or welcome bonus is the best way in which to assure traders that they will receive some money back depending on the initial deposit made.


Various brokers also offer no deposit bonuses to traders in the same effort to draw in more customers and bonuses like this may aid not only the broker in acquiring new clients, but also traders who have strict budgetary restrictions.


Although IC markets does not offer bonuses, rewards, promotions, or competitions traders should not be discouraged by this from registering for a real account as bonuses may still be in planning and development phases to be announced at a later stage.


Referral bonus


IC markets does not currently offer referral bonuses to new or existing traders who make use of the products and services offered by IC markets.


Referral bonuses are offered by brokers to traders in an attempt to draw in new clients and expand their customer base.


Often these types of bonuses have strict criteria that will have to be fulfilled before the trader can benefit from referring a friend or family member.


Some of the criteria includes, but is not limited to:



  • The referral has to register a real account with the broker using a unique referral link so that the registration can be traced back to the trader.

  • The referral bonus is only applicable should referrals register a real account as these bonuses are not available when using a demo account.

  • A certain minimum deposit amount has to be made by the referral.

  • The referral may be required to execute a certain number of trades on the new account before the trader becomes eligible to receive the referral bonus



Referral bonuses may also have a limited time in which they can be utilized by traders, perhaps in a given month that brokers see a decrease in activity and attempts to counter it by providing such bonuses.


Additional bonuses, promotions and rewards


IC markets does not currently cater for trading bonuses and there are no current initiatives to reward loyal customers.


Trading bonuses serve the purpose of encouraging traders to increase their trading activity in addition to trading higher volumes to gain access to bonuses that offer some cashback.


Pros and cons


PROS CONS
1. Comprehensive and competitive trading conditions despite lack of bonuses and rewards 1. Welcome bonus, deposit bonus, no deposit bonus and no other broker bonuses offered with first time sign up
2. No referral bonus offered
3. No trading bonus for loyal customers


Conclusion


IC markets does not currently offer any bonuses for new traders who register an account, neither do they offer any rewards for loyal customers but despite this, IC markets has favourable trading conditions that cater for beginner traders and experts.



IC markets



  • 0.0 pip spreads

  • $200 starting deposit

  • 500:1 leverage up to

  • 24/7 customer support

  • Micro lot trading, 0.01 lot size



  • 0.0 pip spreads

  • $200 starting deposit

  • 500:1 leverage up to

  • 24/7 customer support

  • Micro lot trading, 0.01 lot size


Disclaimer
this offer prices may change at any time. This will depend on the company.
So, please visit the providers official website for exact pricing.


IC markets australian forex broker review


IC markets or international capital markets is one of the fastest growing forex brokers in australia. It is an ECN forex broker with its headquarters in sydney and representative offices right across the globe, including vietnam and china. It is fully regulated with the australian financial service licence 335692. And was listed as one of the top 10 forex brokers in the world. Founded in sydney, IC markets are one of australia’s oldest forex providers.


What we found in our IC markets australian forex broker review:
– highest levels of leverage
– low spreads starting at just 0.4 pips
– no commissions charged on withdrawal
– multiple trading platforms on offer
– excellent customer service
– sound national regulation



Low spreads starting from 0.4 pips, no commission on withdrawal, highest leverage levels and no trading restrictions are undeniably their most popular feature as well as the fact they were chosen among the world’s top 10 forex brokers.


Top execution speeds


Our IC markets australian forex broker review found that due to the company’s servers being located within the equinix NY4 data centre in new york, execution speeds were lighting fast. All the foreign exchange and currency market data originates from here meaning the company can ensure low latency (less than 1 milli-second) and can guaranteed the fast execution of trades.


IC Markets Minimum Deposit Guide (2021), icmarkets no deposit bonus.


Spreads offered by IC markets?


By combining AUD/USD 0.4 pip spreads with their zero dollar commissions (standard only), IC markets offers their clients the lowest cost forex trading solutions around.


We compared IC markets with different forex brokers and although pepperstone offers the lowest spread fees starting from 0.1, IC markets is still considerably lower than GO markets (1.5 pips), CMC markets (0.7 pips) and thinkforex (0.8 pips).


IC Markets Minimum Deposit Guide (2021), icmarkets no deposit bonus.


Ratios offered by GO markets (300:1) and OANDA (50:1). By having the highest leverage of 500:1, traders are able to trade 500 times the amount they originally deposited. For instance, a $200 deposit (the minimum required) at 500:1 means you can control $100 000 worth of currency on the market. While this definitely enhances your up side it also opens you up to incredible risk. Don’t bite of more than you can chew, know your limits and experience levels before commencing currency trading.


Promotional bonuses


Promotional bonuses were not offered by the company when we compiled our IC markets australian forex broker review. Usually sign up bonuses are introduced for a limited time only. However, this should not take away from the other services and features of IC markets. If a sign on bonus is introduced by the company in the near future we will update this IC markets australian forex broker review accordingly.


What forex platform is offered by IC markets?


IC markets offers three trading platforms: metatrader4 and metatrader5 for live trading, as well as the ctrader platform. Across all platforms IC markets offer a true ECN for metatrader and ctrader ECN account, providing a perfect environment for automated trading and scalping with no dealer desk.


IC markets’ platforms are known for their high speed connectivity and can be downloaded easily. The forex broker also offers mobile trading across both iphone and android devices as well as a web based version.


IC Markets Minimum Deposit Guide (2021), icmarkets no deposit bonus.


The trading platform offered by IC markets is easy to use and is designed for inexperienced traders. All you need is a PC or a laptop and good internet connectivity and you can start trading with this forex broker. They provide unique order type identification, management reports and the ability to choose from three different allocation methods – proportional, lot and percentage.


A true ECN broker


IC markets are a true ECN broker meaning they can provide traders with super accurate pricing and lightening fast execution speeds. This happens because they are granted direct access to interbank price feeds from more than fifty banks and institutional liquidity providers. This is all designed to reduce lag time so that trades can be executed quickly and with next to no slippage.


Access to capital markets


The real benefit of IC markets trading platforms is the access they provide traders to capital markets located in numerous financial centres around the world. Even though geographically financial hubs are located thousands of kilometres away from each other, international capital markets’ trading platforms provide traders with access to markets located on the other side of the world. Further, thanks to ECN, distance no longer impacts execution speeds or connection issues.


Australian regulation


IC markets is a regulated broker that is governed nationally under the licence number 335692 . This means there is no need to worry that IC markets might be a scam company. They have a large list of clients both retail and institutional that can guarantee the company’s credentials. They have a sound financial background and are committed to protecting investor, consumer and creditor interests.


Why is australian regulation important?


Australia boasts some of the strictest and most robust financial regulations in the world. The laws that govern the finance industry dictate the state of play to any company offering financial products, services or advice to consumers. In order to promote integrity, encourage business and keep the market ticking along nicely, financial services companies, including forex & cfds brokers are heavily regulated. This ensures your deposits are 100% safe as they’re held in segregated bank accounts so companies like IC markets australian forex broker review cannot invest or earn a return on your hard earned in the mean time. Ultimately, it pays to trade with an aussie broker like IC markets.


IC markets accounts available


IC markets boasts 3 types of accounts suited to a multitude of traders. On their website they provide interactive charts that identifies the benefits of each account they offer traders. Traders can select from standard to true ECN to ctrader IC markets accounts. By far and away the most popular account currently offered by IC markets is their true ECN account which we discussed above.


Customer service levels


Considering that IC markets is one of the biggest broker trading companies one would think that their customer service would be slower, but contrary to this, their customer service is quite satisfactory. Traders can reach them through different channels like email, skype or by phone. What is amazing is that their response time is within 15 minutes and traders can expect their problems solved within 24 hours. The company is also dedicated to their educational centre (video journals and articles) which is great for those who have no previous knowledge in trading.


Conclusion: IC markets australian forex broker review


In concluding our IC markets australia review, traders can be confident that the services they will receive are of the highest possible standard. The broker is listed on the global top 10 forex broker list. Traders have access to tight spreads, liquidity, pricing and a good customer service. They are the best choice for traders looking for an australian based forex broker but are not our number one choice due to their spread fees being ever so slightly higher than that offered by pepperstone.



IC markets minimum deposit requirement


The minimum deposit is $200 at IC markets.


IC Markets Minimum Deposit Requirement


IC markets minimum deposit by base currency


When funding a raw spread (true ECN account) or standard account, the funding requirement is set by the base currency. Below details the ‘top 5’ base currencies traders choose when opening an account and their respective funding requirements.


IC markets minimum deposit in pounds


The minimum deposit in the UK at IC markets is £200. When using the standard or raw spread account with pound sterling as the base currency, you can select a credit/debit card, neteller, skrill, klarna or a wire transfer to fund your account.


IC markets minimum deposit in euros


The minimum deposit for european traders with IC markets is €200. Funding options for european trader are the same as in the UK as shown above.


IC markets minimum deposit in dollars


USD, AUD, and SGD base currency account with IC markets minimum deposit requirement is $200. All three base currencies allow deposits with a credit card, debit card, paypal, neteller, skrill and wire transfer. IF you are using AUD as the base currency you can also choose bpay or poli. USD traders have the option of fasapay and thai/vietnamese internet banking.


IC markets minimum deposit comparison


Below compares minimum deposit requirements of leading forex brokers based on the four major currency pairs.


USDAUDEURGBP
IC markets$200$200€200£200
pepperstone$200$200€200£200
axitrader$0$0€0£0
CMC markets$0$0€0£0
IG group$300$450€250£250
thinkmarkets$0$0$0$0
FXCM$50$50€50£50
FXTM$10N/A€10£10
swissquote$1,000N/A€900£800
saxo markets$10,000$3,000N/A£500

Some brokers such as saxo markets have a higher deposit requirement to discourage small traders. Other brokers such as axi offer no minimum deposit to reduce the barriers to signing up for accounts.


A $200 deposit is realistically the smallest amount required to trade currency markets. Trading with low deposits makes it difficult to earn enough profits to make the investment worthwhile, this is why most brokers will encourage higher minimum deposits.


IC market’s minimum deposit requirement of $200 is around the ideal mark for decent trading.


IC markets deposit methods and fees


IC markets have no payment fees however it is worth noting that international transactions can result in a $20 charge from the bank itself which is forwarded to the client. No deposit and withdrawals fee is a strong offering from IC markets as some brokers such as etoro will charge you to with funding your accounts. View our fees and charges section in our review of IC markets for more details.


IC markets offers traders a plethora of funding methods. The funding methods you can choose will depend on the base currency chosen and the region you are trading in. Instant funding options include debit/credit cards, paypal, neteller, skrill and unionpay. Bitcoin and bpay can take a few hours for funds to clear while wire transfer can take a few days.


IC Markets Funding Methods


Depositing via more traditional payment methods is also available. In this regard, IC markets clients can conduct deposits via credit and debit cards and bank transfers. The basic bank wire transfers processing time can be up to two to five business days. For any technical questions regarding your deposit and withdrawals, feel free to contact IC markets’ customer support service which is live 24/7.


Base currencies available


When a retail investor opens a live account with any broker, a base currency is chosen. This currency will normally be the trader’s native currency conversion fees when deposits are made. Some brokers such as IG. Offer dual accounts so traders can nominate two different base currencies for use when appropriate. IC markets offers 10 base currencies as shown below:


base currencies available
IC markets10
pepperstone10
axitrader11
CMC markets10
IG group10
thinkmarkets5
FXCM6
FXTM4
swissquote9
saxo markets5

IC markets’ full list of supported currencies includes USD, AUD, EUR, GBP, SGD, NZD, JPY, CHF, HKD, CAD. IC markets offers all the major currencies, along with a selection of minor ones however some currencies are not available such as the south africa ZAR.


Traders who want to choose IC markets in regions where the local base currency is not available will need to choose a major currency (such as the USD) and then transfer funds across which means traders will incur conversion charges. To minimise currency conversion fees, an intermediary service such as OFX or transferwise is suggested. Using an intermediary service will result in significant savings compared to a wire transfer.


How to open an IC markets account


There are three main steps to open an IC markets account and then make a process.


1) open the IC markets account


IC markets offers a 100% online joining process which can be viewed here. This joining process involves providing your personal details, giving details about yourself and then configuring the trading account. The final stage of the joining process is the declaration confirming that all the information provided is accurate. This is an important requirement as IC markets need to be sure the finances are not used for money laundering. The declaration will need to be verified with some sort of identification such as bank accounts, drivers licence or passport details.


2) make A deposit


Once an account is opened traders will be directed to the IC markets deposit section. A trader needs to select a deposit method that accepts the base currency selected. Factors a trader needs to consider when selecting a deposit method are:



  • How long will it take for funds to be cleared using the payment method? (eg credit card is instant while wire transfer can take days)

  • Are there be any fees from this payment method? (IC markets doesn’t charge deposit fees but institutions may have their own fees)

  • Are you happy for the withdrawal to go back to this deposit method (IC markets requires withdrawals to go back to the funding method)



3) monitor the deposit


While most deposit methods are instant, some other options such as direct transfer, bitcoin wallet and bpay can take hours to days. It’s worth monitoring to ensure these funds clear (as issues can occur) and IC markets will send a confirmation e-mail once the funds arrive.


Disclaimer: IC markets welcome clients from all over the globe, however, due to governmental restrictions, residents of the united states, canada, israel, new zealand, japan and islamic of iran can’t open a live account.


Free demo account


A free practical way to discover IC markets’ ECN trading conditions is to open a demo account. The demo account is free, but the only requirement is to complete an online registration form. The risk-free demo account allows prospective clients to explore the forex market and test all IC markets’ features.


All account types, including the islamic account, are supported for virtual testing. Additionally, the demo account can be tested on metatrader 4, metatrader 5 and ctrader platform, which are supported across multiple devices, including mobile apps (android and ios).


Besides forex, 6 different financial markets can be traded (indices, commodities, stocks, cryptocurrencies, futures and bonds).On the live account, clients will trade with raw pricing and average EUR/USD spread of 0.1 pips. The spreads are low due to IC markets network of 25 liquidity providers and there are no restrictions on scalping or hedging.


Conclusion on IC markets deposit requirements


IC markets leads the way when it comes to the number of base currencies offered, the range of deposit funding methods and the fact that no additional fees are charged on deposits. While IC markets minimum deposit of $200 is not the lowest of forex brokers, it is not realistic to trade with a lower amount. Based on this IC markets ticks all the boxes with it comes to the deposit and funding category.


Rest assured that IC markets is compliant with all regulations that require them to segregate customer accounts. IC markets complies with regulations from tier-one jurisdictions, namely cyprus’ cysec, australia’s ASIC (australian securities and investments commission) and by the financial services authority of seychelles (FSA).


Justin grossbard has been investing for the past 20 years and writing for the past 10. He co-founded compare forex brokers in 2014 after working with the foreign exchange trading industry for several years. He also founded a number of fintech and digital startups including innovate online and SMS comparison. Justin holds a masters degree and an honours in commerce from monash university. He and his wife paula live in melbourne, australia with his son and siberian cat. In his spare time, he watches australian rules football and invests on global markets.


Deposit categories


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IC markets review 2020


These day’s forex traders are spoilt for choice. For this reason, IC markets strives to stand out from the crowd by going the distance to offer what clients really want. This includes: true ECN connectivity with direct access to interbank liquidity, tight spreads, fast quality execution and exceptional customer service.


Headquartered in sydney, international capital markets pty ltd is a provider of online forex trading services, offering individual traders, money managers and institutional customers proprietary technology, tools and education to trade online. IC markets has distinguished itself among industry leaders with its unique true ECN forex technology, proprietary tools and services, and remarkable focus on customer service. IC markets is regulated by the australian securities and investments commission in australia.



  • A true ECN broker that supports both ctrader and metatrader platforms

  • Equinix hosted servers offer high precision and fast order execution

  • Toll-free number in 11 countries offer clients multilingual support

  • Unclear if clients from certain countries will be under ASIC regulation or will be regulated by the FSA in seychelles


headquarters sydney, australia
type of broker STP & ECN/STP
founded 2007
regulated by regulated by ASIC (australia)
offices in australia
supported languages english, mandarin, cantonese, spanish, italian, arabic, thai, portuguese
ESMA regulation ? This broker is not regulated within the E.U and is not subject to ESMA's new forex and CFD trading restrictions. To find out more about these restrictions, please see this article

Typical spread on majors - live better spreads my be offered by the broker on other accounts."alt="info" />


Order excution tests results - live measurements are taken daily and news event measurements once a month"alt="info" />


IC markets server location:


Our client terminal location:


Order excution (normal hours)


Order excution (during news)


Review sections


Since its inception in 2007, IC markets - a brand name of the international capital markets pty ltd - has over the past decade, distinguished itself as a forex broker. Although it started out as a pure forex broker, soon it expanded its portfolio of tradable assets to help traders diversify their opportunities.


Based in new south wales, australia, IC markets has a global presence and accepts clients from all over the world - except the united states, canada, israel, and countries facing international sanctions like iran. Its office is located at level 4 50 carrington street, sydney, NSW, 2000, australia.


IC markets has partnered with top tier banks and liquidity providers that connect its platforms to the interbank currency market. The company has data centers located in global financial hubs like new york & london (equinix NY4 and LD5). Its datacenters are connected to liquidity providers via dedicated fiber optic cross connections to ensure the fastest order execution. Having a sound relationship with liquidity providers and a fast data connection means traders usually enjoy some of the lowest spreads in the forex industry when they trade with IC markets.


With over thirteen years of experience serving both australian and international clients, IC markets has gained the reputation of a reliable forex broker.


Regulation and safety of funds


IC markets is primarily an australian forex and cfds broker and is regulated by the australian securities and investments commission (ASIC). However, as it expanded its presence abroad, it has obtained several other trading licenses abroad, including with the cyprus securities and exchange commission (cysec) to serve its european clients. Also, it has a license from the financial services authority, seychelles to operate a brokerage business in the island nation and accept clients from all over the world.


In june 2019, IC markets and other australian brokers started migrating their international clients to their overseas subsidiaries amid pressure from the australian regulators to reduce leverage. However, IC markets has since started accepting clients from abroad.


If you are opening an account from australia, you will by default open an account with the IC markets australia. Similarly, if you are opening an account with a european address, you will likely open an account with regulatory oversight from the cyprus authority. But, if your residency status falls outside europe and australia, you will likely end up opening a forex brokerage account with an IC markets subsidiary called true ECN trading ltd, which is based in the seychelles.


As per the regulatory requirement of ASIC, IC markets keeps all client deposits with a top tier bank account. Hence, in case IC markets fails to meet its financial obligations or declare bankruptcy, your deposits will be protected, and you can claim without worrying about losing your hard earned capital.


Trading services: types of forex trading accounts offered by IC markets


IC markets has structured its trading services to accommodate different types of traders. Although all of its accounts offer high leverage and hedging capabilities, it offers three different types of forex accounts to meet the demand of different styles of traders.


The first ECN account offered by IC markets comes with the ctrader platform and it charges traders one of the lowest commissions in the industry, $3.0 per $100,000 or full standard lot. The second ECN account uses the popular metatrader platform and it is called raw spread. The raw spread account also charges a commission - of $3.5 per $100,000 or a full standard lot - which is slightly higher than the ctrader account. The third account offered by IC markets is called a standard account and it does not charge any commissions to traders, however the standard account has a minimum spread of 1.0 pips, while the other two ECN accounts charge as low as 0.0 pips under certain market conditions.


All accounts offered by IC markets come with 500:1 leverage, the ability to trade as low as micro-lots (0.1 standard lot) and require a minimum $200 USD initial deposit. At the time of writing this review, IC markets offered 64 currency pairs. Besides currency pairs, traders can also access a list of other assets via CFD trading that include soft commodities like corn, soybeans, sugar, cocoa, coffee, and wheat. In addition, several precious metals are included in the trading service such as gold, silver, and platinum. When it comes to trading indices, IC markets allows 16 indices to trade from, but the leverage offered on these indices are capped at 200:1.


We found IC markets to be one of the handfuls of brokers that offer government bonds for trading as cfds. Currently, 6 bonds are offered from leading economies like the united states, japan, and eurozone.


IC markets was one of the first brokers to start offering cfds for a number of cryptocurrencies and over the years, it has expanded its coverage. Currently, cryptocurrencies like bitcoin, ethereum, litecoin, and ripple are on offer.


The futures market is one of the largest financial markets you can participate in by opening accounts with IC markets. However, it only supports four futures cfds at the moment and has 200:1 leverage available. Supported futures trading includes WTI crude oil futures, brent crude oil futures, CBOE VIX index futures, and ICE dollar index futures.


As the ctrader platform is hosted by the software vendor (spotware), the server is located in london. But IC markets hosts its own metatrader servers in its data center in new york. Hence, depending on which account you are opening, the latency and order execution will vary. However, we found that the order execution is exceptionally quick regardless of which account you are trading from because orders are routed via the liquidity providers closest to the server location.


We found IC markets' demo account to offer accurate price quotes and you can use a demo account for as long as you need. There is no set expiration date for IC markets demo accounts. But, keep in mind that a 30-day inactivity period will cause your account to expire.


A quick comparison of different accounts offered by IC markets


ctrader raw spread standard
trading platform ctrader metatrader metatrader
commission (per lot) $3.0 per standard lot $3.5 per standard lot none
starting deposit (USD) $200 $200 $200
leverage 500:1 500:1 500:1
stop out level 50% 50% 50%
order distance restriction none none none
programming language C# MQL4 MQL4
currency pairs 64 64 64
indices, commodities, futures, and cryptocurrencies supported supported supported
CNS VPS cross connect not available available available

Trading platform & technology


Trading with IC markets means having access to your accounts with world-class software platforms. The ctrader platform has evolved to be a close competitor to the proven metatrader 4 and 5 platforms over the last few years. The good news is that IC markets makes both ctrader and metatrader platforms available, depending on the type of account you have opened with them.


Metatrader has remained in business since 2005 and arguably, it offers a much higher number of already available technical indicators and automated trading algorithms that you can purchase from the marketplace. But, ctrader also includes a range of built-in technical indicators and comes with automated trading capabilities.


While both platforms from IC markets are equally capable of offering the best-in-class trading services to forex traders, the choice would depend on what type of trader you are. The lower commissions charged by IC markets for the ctrader account makes it suitable for day traders and scalpers who needs to conduct a high number of trades on a daily basis. The metatrader platform is also suited for traders who conduct a large number of trades, but the $3.5 USD commission per standard lot increases the cost of doing business by 16.7%.


However, if you are running metatrader based automated trading algorithms, you might want to hire a programmer to convert your MQL based trading robot into a ctrader bot. The good news is that the ctrader platform includes a C# programming language-based coding tool that allows traders to write their own automated algorithms.


On the other hand, if you a discretionary trader, trading based on a combination of technical and fundamental analysis, the metatrader 4 or 5 standard accounts offered by IC markets would be your best bet.


IC markets also provides web access for both ctrader and metatrader 4 & 5 accounts. Moreover, if you do not have access to a computer, you can always download the metatrader android or ios apps to your smartphone. Ctrader has also introduced dedicated apps for these two popular tablet and smartphone platforms.


As we mentioned earlier, IC markets' servers are located in the equinix data center, which hosts servers for some of the top 400 buy and sell-side firms and 150 financial service providers. IC markets claims that average order execution is usually around 40 milliseconds and our server and order execution test shows the results to be very close to such claims.


Here is a summary of our order execution test results.


order execution test results
IC markets MT4 server location united states - mewark, new jersey
our client terminal location united states - st. Louis, missouri
5 day average during normal hours (pips) slippage during news event (pips)
slippage 0.0600 0.0000
5 day average time (milliseconds) lowest time (milliseconds)
order execution (normal hours) 112.4 78
time (milliseconds)
order execution (during news) 110.0

Customer service and support


IC markets offers multilingual customer support and we are happy to see around 18 languages are supported by the company. The website is also accessible in 18 languages and besides displaying different email addresses for respective departments like rm@icmarkets.Com for client relations and support@icmarkets.Com for technical support, IC markets also lists a dedicated email address for chinese customers, which is support.Cn@icmarkets.Com.


While many brokers offer toll-free numbers in a single location, IC markets listed 11 toll-free numbers in different countries, including +1300 600 644 for australia, +44 800 014 8775 for the united kingdom, +661800012799 for thailand, +6278033212195 for indonesia, +498007238442 for germany, +34900838243 for spain, +558008783186 for brazil, +601800819013 for malaysia, +27800172944 for south africa, +488001125138 for poland, and +35725123504 for cyprus.


We were very impressed by the multilingual support agents who we believe were native speakers and handled customer queries in an efficient manner.


However, if you do not feeling like calling IC markets for some reason, you can also try their online live chat option powered by zendesk. The live chat option can be found on the help center page.


Based on our criteria, we gave the following ratings to their customer service:


the final rating for customer service experience
weight nominal rating weighted rating
connection time 10% 5.0 0.50
toll-free number (yes/no) 10% 5.0 0.50
multilingual support 10% 5.0 0.50
professionalism 25% 4.39 1.10
resolving issues(yes/no) 45% 5.0 2.25
final rating 4.87 4.84

Deposit and withdrawal methods


The most popular deposit method listed by IC markets is using credit and debit cards, and the deposits are credited to your account instantly. Besides cards, instant deposit methods also include various digital wallet providers such as paypal, neteller, skrill, unionpay, fasapay, POLI, klarna, and rapidpay. IC markets has also partnered with banks in vietnam and thailand to accept deposits using online banking platforms in those respective countries.


If you are based in australia, you can also deposit using the bpay system, but deposits are processed at a delay of 12 hours to 48 hours. Moreover, bank to bank wire transfers are supported and it takes up to 5 days to process such deposits.


While deposits occur mostly instantaneously, we found withdrawal processing time to be rather lengthy. For example, withdrawals by credit and debit cards require 3-5 business days to process. Nonetheless, it is free. Also, if you withdraw by wire transfer outside of australia, it will cost you $20 AUD.


Current promotions and bonus offers


In january 2020, IC markets did not offer any deposit bonus and we could not find any promotional offer for new accounts.


The bottom line


IC markets had been around the block in the forex industry for a long time and it has survived regulatory scrutiny and gained a reputation for being a resilient broker for international clients. Trading with IC markets means you would not only have access to the latest technology platforms like ctrader and metatrader, but it also means you can always reach out to your trusted broker that employs support agents who speak your native tongue.


There are no shortage of forex brokers offering ECN accounts, but IC markets can easily stand out in this very competitive industry - part of the reason is that its servers are located at equinix. Since equinix hosts servers of some of the largest forex liquidity providers, your orders should be filled at lightning speeds when you place your orders with IC markets compared to other forex brokers that do not have equinix hosted servers.


During our research, we found that only a handful of large-scale forex brokers hosts their servers with equinix because it is rather expensive to host with this data center. As such, you will soon appreciate the competitive advantage IC markets can provide you in terms of fast order execution, especially during fast-moving market conditions.


IC markets requires a $200 USD minimum deposit, which is rather high compared to some of the other brokers we have reviewed. Nonetheless, this is a broker for serious forex traders who understand the benefits of trading with a professional service provider and are willing to fund their accounts accordingly


Based on our research, we have assigned the following ratings to IC markets. To know more about how we rate brokers, read our review process.


Rating categories weight nominal rating weighted rating
1 regulatory oversight 15% 4.50 0.68
2 security of client's funds / segregated acc. 10% 4.50 0.45
3 business model of the broker 5% 5.00 0.25
4 transaction costs and fees 15% 4.75 0.75
5 ease of deposit and withdrawals 5% 4.50 0.23
6 trading platform 10% 5.00 0.50
7 order execution/server latency 5% 5.00 0.25
8 customer support 5% 4.84 0.48
9 leverage and margin 10% 5.00 0.25
10 initial deposit amount 5% 4.25 0.21
11 type of assets offered 10% 5.00 0.50
12 public opinion 5% 5.00 0.25
avarage rating 4.78
weighted avarage rating 4.76


IC markets reviews


To submit your own forex broker review please fill in the form below. Your review will be checked by a moderator and published on this page. Please ensure that you use a valid email address when posting your review and check your email after submitting the review - we will send you an email with a confirmation!


In my experience, this has been a very good broker. I have used them for almost a year and have never


Had any problems with them, their support it very quick, spreads are tight and withdrawing money
is quick and easy.


I can definitely recomend this broker - it also helps with peace of mind that they are regulated by ASIC.



IC markets minimum deposit guide (2021)


ic-markets-minimum-deposit-guide


Trading with IC markets there is every chance that you have already taken a look at our IC markets review.


This will provide you with much of the information you need in order to get started.


Here we are going to get our feet wet a little more with information around the specific areas of IC markets minimum deposit amounts, and IC markets funding methods.


This should present you with all the options you need when depositing and beginning to trade with the broker.


Table of contents

74-89 % of retail CFD accounts lose money


IC markets base currency


As a major broker, IC markets makes a variety of base currencies available for you to trade with. These base currencies do not change regardless of which regulatory authority you are under, or where you are based. This can be something of a positive for many traders who like to choose their base currency.


The options available include USD, AUD, EUR, GBP, SGD, NZD, JPY, CHF, HKD, and canadian dollar. If you choose to use a different currency to deposit then you may well be liable to incur a conversion fee.


IC markets funding and deposit methods


As you would expect, there are a range of common funding methods to be found as a trader with IC markets. Here we will take a closer look at the conditions surrounding each method.


Wire transfer


Like almost all top forex brokers, wire transfer deposits and withdrawals are made available by IC markets. These deposits accept all of the base currencies mentioned above with the only exception being if you are located within europe. If this is the case, then you can choose between deposits in euro, GBP, or USD only.


There are no fees from the broker side for wire transfers, though you will want to check with your bank to verify their policy as fees could apply from that side. There is a typical processing time of between 2-5 days for wire transfer deposits.


No IC markets minimum deposit amount applies here.


Credit/debit card


Both credit and debit card deposits are available around the world with IC markets. Mastercard and visa, in particular, are always available. Every base currency is facilitated with the exception of HKD and if you are located again in europe, you must choose between a deposit in euro, GBP, or USD.


With the credit and debit card deposits, again there are no fees attached from the broker end and the deposit is instant so you can trade with your funds right away. Once again, no specific minimum deposit applies here.


IC Markets Funding Methods


Ewallets


Ewallets are an increasingly popular deposit method among top forex brokers. With IC markets these methods are available around the world with the exception of within europe. Even so, UK traders can still use ewallets although only neteller is available to UK traders.


Traders in other places can avail of paypal, neteller, neteller VIP (not available in the UK), and skrill. When it comes to base currencies, all are supported by paypal deposits, all except HKD, CHF, and NZD are supported by neteller, and neteller VIP supports AUD, GBP, EUR, CAD, SGD, and JPY. Skrill as a funding method supports 6 currencies in AUD, USD, JPY, EUR, GBP, and SGD.


There are no fees to be concerned about with these deposit methods and the funds are usually available right away. Again, there is no minimum deposit from IC markets to be concerned about.


Cryptocurrencies


The next IC markets deposit method you may be wondering about is cryptocurrency.


The only crypto which you can use in funding your account is bitcoin, but there are no fees attached to this other than the minimal fees from your own BTC wallet which can be directly used to deposit.


The processing time for this method depends on the crypto network traffic but usually completes within 2-hours.


Other methods


Naturally, there are other methods available for you to deposit with IC markets.


These are largely fee-free and depending on your location. The exception here is when you use china unionpay cards. This facilitates a CNY deposit, but there is a 3.5% fee attached.


Other deposit methods from within europe include klarna and rapidpay which both allow for EUR or USD deposit.


Outside europe, bpay and poli can be used for AUD deposits, fasapay for USD deposits, and if you are located in thailand or vietnam, you can avail of their online internet banking services to deposit USD within 30-minutes.


IC markets minimum deposits


Having had a look at all of the funding methods available, we can see that no minimum deposit particularly applies to any funding method you wish to use.


Now let us take a closer look at whether any minimum deposit in IC markets is needed based on the IC market account types.


In fact we can see that no minimum is required, although a 200 USD deposit is recommended so that you can get the most out of the services offered by the broker. This does not change regardless of where you are based.


So, IC markets minimum deposit is officially 0$. In fact, IC markets is one of our forex trading no minimum deposit option.


Metatrader standard account


The IC markets standard account type makes the well-known and respected MT4 and MT5 trading platforms available for you. This account type features no commission and low spreads which start from 1 pip.


This account type also features micro lot trading if you require it. The IC markets standard account minimum deposit is 0$.


ic markets low spread


Metatrader true ECN account


The IC markets metatrader true ECN account as referred to in the name makes ECN execution of trades available through both metatrader platforms. This account has spreads that begin from 0 pips although a commission is charged within trading on this account type. That commission amounts to $7 per round trade on a lot.


Again, the IC markets true ENC minimum deposit requirement is 0$.


Ctrader true ECN account


The final account type we will examine is the ctrader true ECN account. This account type has many similarities with the metatrader ECN account and again facilitates ECN-executed trades with a spread starting from 0 pips and commission applied. The commission here is slightly lower at $6 per round turn on a currency lot.


Again micro-trading is catered for and no minimum deposit applies.


Related guides:


IC markets deposit bonus


When it comes to IC markets bonus types that are offered, unfortunately, the broker does not offer any type of trading or no deposit bonus.


This may change in the future with the possibilities open outside the strict european regulations, but at the moment this is not the case.


74-89 % of retail CFD accounts lose money



Пополнение счета


В целях более оперативной обработки платежа рекомендуется вносить средства через личный кабинет, где можно воспользоваться банковской картой либо системами skrill и webmoney.


Если у вас нет доступа к личному кабинету, воспользуйтесь соответствующей инструкцией.


Безопасность средств


Клиентские средства хранятся на сегрегированных доверительных счетах в лучших банках австралии – national australia bank (NAB) и westpac banking corporation (westpac). Электронные платежи обрабатываются с использованием технологии SSL (secure socket layer). Любые финансовые данные являются конфиденциальными и используется только для пополнения торгового счета в IC markets.


Банковская комиссия


Компания IC markets не взимает дополнительных комиссий при пополнении счета и выводе средств. При этом следует обратить внимание, что международные банковские учреждения могут взимать комиссии. Компания IC markets не несет никакой ответственности за такие издержки.


Платежи в пользу сторонних лиц


IC markets не принимает платежей от сторонних лиц. Любые транзакции по пополнению счета должны быть произведены лично держателем торгового счета. Допускается выполнение платежей с совместных счетов и банковских карт в том случае, если держатель торгового счета является одним из держателей совместного счета или карты.


Основная цель IC markets – создание лучших и наиболее прозрачных условий для розничных и корпоративных трейдеров. Оператор IC markets создан трейдерами и для трейдеров, поэтому мы делаем все для предоставления лучшего спреда, исполнения и обслуживания.


Торговля на форекс

Характеристики

О компании IC markets

Основная цель IC markets – создание лучших и наиболее прозрачных условий для розничных и корпоративных трейдеров. Оператор IC markets создан трейдерами и для трейдеров, поэтому мы делаем все для предоставления лучшего спреда, исполнения и обслуживания.


Торговля на форекс

Характеристики

О компании IC markets

The website www.Icmarkets.Com/global is operated by IC markets global an entity that is not established in the EU or regulated by an EU national competent authority. The entity falls outside the EU regulatory framework i.E. Mifid II and there is no provision for an investor compensation scheme. Please read our terms & conditions


Please confirm, that the decision was made independently at your own exclusive initiative and that no solicitation or recommendation has been made by IC markets or any other entity within the group.


**данные, полученные из независимых источников, подтверждают, что сводный недельный спред по EURUSD был лучше, чем среди 32 прямых конкурентов в секторе форекс в 96% времени в период с января по декабрь 2019 года.


***среднее время исполнения ордера, включающее его получение, обработку и подтверждение исполнения, составляет 36,5 мс.


IC markets не принимает запросы на открытие счета от жителей США, канады, израиля и исламской республики иран. Информация на этом сайте не предназначена для жителей любой страны, территории или юрисдикции, где распространение или использование такой информации противоречит местному законодательству или нормативным актам.


Risk warning: trading derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.


The advice on this website is general in nature and does not take into account your objectives, financial situation or needs. You should consider whether the advice is suitable for you and your personal circumstances. Please read our legal documents and ensure you fully understand the risks before you make any trading decisions. We encourage you to seek independent advice.


The information on this site in not intended for residents of the U.S. Canada, israel, new zealand, japan and islamic of iran and use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.


IC markets is an over the counter derivatives issuer, transactions are entered into on a principal to principal basis. The products issued by us are not traded on an exchange.


International capital markets pty ltd (ACN 123 289 109), trading as IC markets, holds an australian financial services licence (AFSL no. 335692) to carry on a financial services business in australia, limited to the financial services covered by its AFSL. The trading name, IC markets, used by international capital markets pty ltd is also used by other entities.


IC markets EU ltd is authorised and regulated by the cyprus securities and exchange commission with license number 362/18, registration number 356877 and with registered office at 141 omonoias avenue, the maritime centre, block B, 1st floor, 3045 limassol, cyprus.


Raw trading ltd registered in seychelles with company number: 8419879-2, trading as IC markets global, regulated by the financial services authority of seychelles with a securities dealer licence number: SD018.



No deposit bonus $500 – xflow markets


Xflow markets $500 NBD bonus allow live forex, commodities, equity, indics and crypto on the XFLOW multi-lingual trading platform. Register to the promotional campaign to start exploring a risk-free trading facilities. The $500 bonus credited once per new account to trade using 1:100 leverage. The profits gained can be cashout once met the requirements.


$500 no deposit trading campaign


Joining link: bonus


Ending date: december 31, 2020


Offer is applicable: new clients


How to apply:



  • Register an account

  • Verified your account

  • Get the bonus of $500 once per account



Withdrawal:



  • Profits – fund $500 to withdraw profits immediately

  • Bonus – trade 1 standard lot for each $20 USD, max 25 lot



Terms and conditions – BONUS xflow markets


NO scalping for a minimum of 180 seconds


General terms and conditions apply.


This offer can be terminated anytime without any such notice.


$35 no-deposit bonus – fortfs


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$100 gold trading no deposit bonus – seven capitals


$50 welcome no deposit bonus – SFEX


$50 no deposit bonus scheme – topfx


$50 no deposit bonus – atlasforex


NEW $30 NO DEPOSIT BONUS – roboforex


No deposit bonus, withdraw profits – tickmill


$50 welcome no deposit bonus – milton markets


$25 USD no deposit bonus – tiomarkets


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Get $30 no deposit bonus to test the best trading terms you ever had!


Get your bonus in three simple steps:


You can request the $30 no deposit bonus in your personal area once your verification process is complete and your contact details are successfully confirmed.


New bonus terms:



  • Bonus in the amount of 30 USD will be credited to your account once the verification process is complete and your contact details are successfully confirmed;

  • The bonus is available for 14 days;

  • The profit received using the bonus funds will be available for withdrawal after at least 10% of the bonus amount was used in trading. Thus, the minimum trading volume of 3 lots has to be achieved;

  • The minimum position holding time – 5 min;

  • The minimum price change for each trade – 10 pips;

  • The minimum profit, available for withdrawal – $15;

  • The maximum profit that can be made with the bonus account – $200;

  • Locking of positions is not allowed;

  • The bonus can be used in trading the currency pairs only;

  • The profit, received with the bonus funds can be withdrawn only once, the bonus will be canceled upon the first withdrawal;

  • If fraudulent activity with bonus funds is detected, the company reserves the right to cancel the bonus without prior notification and explanation.


Read more about the $30 no deposit bonus terms and conditions in the personal area, in “trading” – ‘’regulatory documents’’ section or click here.


Clients from the following countries can not participate in the promotion:


United states of america, armenia, latvia, lithuania, bangladesh, benin, botswana, burkina faso, burundi, cabo verde, cambodia, cameroon, chad, CIS, comoros, congo, democratic republic of the congo, republic of cote d’ivoire, ethiopia, gabon, gambia, ghana, grenada, guinea, guinea-bissau, guyana, haiti, honduras, india, ireland, jamaica, japan, kiribati, kosovo, laos, lesotho, liberia, liechtenstein, madagascar, malawi, maldives, mauritania, mongolia, mozambique, myanmar (burma), namibia, nauru, nepal, new zealand, nicaragua, niger, north korea, paraguay, russian federation, rwanda, senegal, sierra leone, somalia, north korea, south sudan, sudan, suriname, swaziland, zambia


Deposit funds using any of the available payment methods





so, let's see, what we have: discover the IC markets minimum deposit needed to open an account, and the best way to do it, depending on base currencies, funding methods, and more. At icmarkets no deposit bonus

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