IC Markets requires a minimum deposit to successfully trad on the platform. The min deposit amount may vary in value depending upon your account country and base currency. Since the platform offers raw spread vs standard accounts, the funding minimum is set at the base currency of each account. As a beginner trader, you can choose between 5 different base currencies, including:
- British Pound Sterling
- European Euros
- United States Dollars
- Australian Dollars
- Singapore Dollars
Whether you’re from the UK, USA, LATAM or Asia, you have many options for making deposits in these currencies. In this post, we’ll review the minimum deposit requirements for IC Markets accounts.
IC Market Minimum Deposit Amount
Start trading with IC Market minimum deposit amount as a beginner. You can open an IC Markets live account with a $200 minimum deposit. All IC Markets accounts, including Standard, Raw, and cTrader, require the same minimum deposit. You can fund your account using bank transfers, credit cards, or third-party payment options. Moreover, these minimum deposit amounts can change based on the new policies and requirements. Make sure to check up-to-date information on IC Market’s official website. Surely, beginners must review the IC Market minimum deposit amount requirements before start trading.
Types Of IC Market Minimum Deposit Currency
Review different types of IC Market minimum deposit currency for beginners. You must deposit your funds in your IC Market account using your base currency. This broker allows you to make your minimum deposit in various currencies such as USD, EUR, GBP, AUD, SGD, CHF, HKD, JPY and many more. You don’t have to pay any conversion fee for making a deposit using the same currency bank account. Check out IC Market support currency for minimum deposit –
| Currency/Asset | Supported Currency |
| USD | ✅ Yes |
| EUR | ✅ Yes |
| GBP | ✅ Yes |
| AUD | ✅ Yes |
| NGN | ❌ No |
| ZAR | ❌ No |
| CAD | ✅ Yes |
| NZD | ✅ Yes |
| CHF | ✅ Yes |
| INR | ❌ No |
| JPY | ✅ Yes |
| Gold | ❌ No |
| BTC | ✅ Yes |
You can even save the conversion fees by opening a multi-currency bank account. Definitely choose from different types of IC Market minimum deposit currency as a beginner.
Account Funding Deposit Methods
Review IC Markets deposit methods to fund your accounts as a beginner. To begin trading, the broker requires all traders to deposit funds direct from their personal bank account – registered under the same name. Particularly, you can add minimum deposit to your account using credit & debit cards, PayPal, Neteller, Skrill, and more. By default, all beginners are encouraged to deposit funds directly through the Secure Client Area in their accounts. This way, you can process fast real-time payments and start trading right away.
Choose your preferred deposit method to fund a new IC Markets account:
- Wire Transfers
- Bpay
- Broker to Broker
- UnionPay
- Neteller VIP
- Vietnamese Internet Banking
- Thai Internet Banking
- Poli
- RapidPay
- Klarna
Keep in mind you may need to pay additional intermediary fees to process deposits from a few international banks. Definitely, leverage supported methods to fund your IC Markets account with a minimum deposit.
Derivative Products Minimum Account Balance
Explore IC Markets minimum deposits and account balances required to trade derivative products. Particularly, IC Markets allows beginners to trade FX currency pairs and CFDs as derivatives on margin. For forex currencies, margin requirements and minimum account balances may vary based on your selected pair. For instance, new clients like yourself may need to maintain a relatively higher account balances for a few high-volatile exotic currencies – including ZAR, CZK, SGD, and HUF.
Similarly, maintain required margin and account balances to trade CFD derivatives with IC. Since regular profits and losses in CFD trading actively change the account balance, you must continuously deposit money to continue trading. Definitely, beginners must maintain minimum required deposits to manage derivative products on IC Markets accounts.
Steps To Make Your Minimum Deposit
Explore the steps to make your minimum deposit with IC Markets as a beginner. IC Markets offers simple, straightforward, and user-friendly process to deposit funds. As a new trader, you can deposit funds with IC Markets after you get a verified account. Simply submit a government-issued ID and residency proof to verify your account for the initial deposit.
Now, here are the steps to make your first deposit as a new trader:
- Click on ” Deposit” after you login with your verified account
- Select the payment processor, trading account, and your minimum deposit amount.
- Now, complete all the on-screen instructions and click “Proceed”.
- Finally, You will receive a notification of your deposit to your trading account.
Certainly, make your minimum deposit confidently and conveniently with IC Markets and start your trading journey.
IC Market Minimum Deposit & Withdrawal
In addition to deposits, review IC Markets withdrawal methods to trade stress-free. Notably, the brokerage platform supports straightforward, efficient, and seamless methods to withdraw your balance. Particularly, you can use same transaction methods to request withdrawals with IC Markets.
Based on your selected method, the broker may take up to one business day to process payouts – relatively faster than other platforms. Keep in mind you can request payouts without paying additional withdrawal fees. Of course, you may still encounter a few charges from your payment provider to successfully receive the withdrawal amount. Indeed, take advantage of a seamless withdrawal process to request profits, earnings, and IC Markets deposits.
