Compare raw spread and standard IC Markets accounts to select the best option for forex & CFD trading. As a renowned online brokerage platform, IC Markets offers two major MetaTrader account types – designed to meet unique trading requirements. Typically, standard and raw spread accounts differ based on minimum deposit requirements, commissions, and overall fee structures.
For instance, standard accounts offer a commission-free model and a comparatively higher spread to compensate IC Markets’ cost. Meanwhile, raw-spread accounts charge a competitive spread – along with a fixed $3.5 commission per standard lot round turn. As an FX trader looking to sign up with IC Markets, carefully compare available account options to reduce your overall expense, maximize efficiency, and earn bigger profits.
In this post, you’ll learn about:
- IC Markets supported account types
- IC Markets Spreads, Fees, commissions, and additional charges for each account
- Minimum deposit requirements for IC Markets’ accounts
- Supported leverage on IC Markets accounts
Read on for a complete in-depth overview of IC Markets’ raw spread and standard account types.
Types of IC Markets Accounts
Choose from the best IC market’s raw spread or standard account types. IC Market offers a range of account types to suit your trading needs. You can choose the right account type based on different pricing models. Whether you are a beginner or experienced trader, selecting the right trading account is important. Select from the different IC Markets account types –
1. Standard Account
2. Raw Spread Account
3. cTrader Raw Spread Account
4. Islamic Account
5. Demo Account
| Account Type | cTrader | Raw Spread | Standard |
| Trading Platform | cTrader, TradingView | MetaTrader | MetaTrader |
| Commission | $3.0 ($6.0 per round) | $3.5 ($7.0 per round) | $0.0 |
| Spreads (pips) | 0 | 0 | 0.8 |
| Starting Deposit (USD) | $200 | $200 | $200 |
| Leverage | 0.736111111 | 0.736111111 | 0.736111111 |
| Server Location | London | New York | New York |
| Micro Lot Trading | ✅ | ✅ | ✅ |
| Currency Pairs | 61 | 61 | 61 |
| Index CFD Trading | ✅ | ✅ | ✅ |
| Stop Out Level | 50% | 50% | 50% |
| Programming Language | C# | MQL4 | MQL4 |
| Suitable For | Day Traders & Scalpers | EAs & Scalpers | Discretionary Traders |
As beginner you can start with IC Market demo account for risk-free trading. These demo accounts allow you to trade without real money. Additionally, the broker also offers Islamic accounts, specifically designed for Muslim traders. Surely review IC Markets raw spread and standard account types before start trading.
IC Market Demo Accounts
Moreover, discover IC Markets demo account features for forex traders. First, test your trading strategies and get to know IC Markets state-of-the-art forex trading platform in an online environment with no risk involved. The broker’s demo account offers you all the functionalities and features as a live trading account, including high speed performance and renowned Raw Spread pricing connectivity with no requotes. Additionally, become a seasoned trader while practicing your trading positions and creating your own AI trading robots — expert advisor (EAs). Finally, transition into an active trading account when you feel comfortable as well as your trading strategies are already proven. Surely, IC Markets cutting-edge demo trading account type is crucial to become an expert trader.
Islamic Account For Halal Trading
Select the best IC Markets Islamic account type to start trading. IC Markets offers these accounts to Islamic traders for halal-compliant trading. This account allows you to do trading without any swap-free. You still need to pay fixed overnight financing costs for a few trading instruments. With most liquid assets, you can also trade halal options. Check out some of the important points of IC Markets Islamic account –
1. Allowed Trading Instruments: 2150+ assets in total including Forex, commodities, indices, bonds, stocks, futures, and cryptocurrencies.
2. Islamic Trading Platforms: MT4, MT5, Ctrader, and Tradingview.
3. Minimum Deposit: $200
4. Minimum Trade Size: 0.01 lot
5. Available Currencies: JPY, AUD, EUR, USD, GBP, CAD, SGD, CHF, NZD, and HKD.
6. Trading Style Allowed: Scalping, hedging, and EA Trading.
Surely choose IC market’s Islamic account type for halal trading.
Choose Raw Spread Accounts
Start trading with IC markets raw spread accounts type. IC markets raw account offers the lowest spreads in the market. You can trade in EUR/USD with a spread of 0.1 pips and a commission of $3.50 per lot. This EUR/USD spread is currently the tightest average spread globally. With an IC Market raw account, you can also start day trading and scalping. As an active day trader, you can also choose there MetaTrader 4 and 5 raw trading platforms. IC Market raw accounts are suitable for both new and experienced traders. Surely choose the IC Market raw spread accounts type to start trade.
IC Markets Standard Account For Beginner
Next, keeping up with best IC Markets accounts types: the standard trading account. If you are a new trader, the Standard account is a basic live trading account suitable to start your trading journey. These are some features the Standard account offers you: 1.0 pips with no commission required, One-click trading options, and a minimum deposit of $200. Plus, this account type is affordable to beginner traders due to their lower trading volumes. When you become a full-time income trader, you can update your account status from Standard to Raw Spread account. Indeed, IC Market offers you the best account types as you grow in your trading career.
IC Markets Accounts For CTrader or MetaTrader
Finally, IC Markets offers you the best account types featuring trading platforms such as cTrader and Metatrader. The IC Markets Standard account and Raw Spread are both available in cTrader and Metatrader, however, cTrader is only available for Standard accounts. On the MetaTrader platform, you can trade CFDs on Forex, indices, bonds, cryptocurrencies, commodities, and stocks. If you are using algo trading and scalping as a trading strategy, MetaTrader platform is suitable for you. Additionally, you will have a commission of up to $3.50 per standard lot and a round turn of $7. Plus, the minimum lot size of 0.01, and maximum position orders of 200 with up to 1:500 leverage.
On the other hand, if you are into Day Trading or Scalping, you can use the cTrader platform which allows you to trader CFDs on Forex, indices, bonds, cryptos, commodities and stocks as well. In addition, the maximum number of open positions is 2,000 with a leverage up to 1:500. Definitely, IC Markerts provides you the best trading platforms for the Standard account and the Raw Spread account.
