IC Markets Special Discount (Lower Commission & Lower Spread)

IC Markets Direct Discount
IC Markets Special Discount
IC Markets Special Promotion

IC Markets Discount : Best and highest discount rate (Maximum discount setting in IC Markets system !!)

All trading accounts under our IB account will be set the discount as default.

For all trading accounts under our IB : 26686

The special discount is set as default by IC Markets system.

Direct commission reduction for Raw Spread account.

Direct spread reduction for Standard account.

No increase the spread (No mark up).

Everything is free! All conditions are from IC Markets.

Last Update : June 2, 2023

Special Discount : Lower commission and lower spread

Account TypeStandardRaw Spread
(Metatrader)
Raw Spread
(cTrader)
CommissionNo $7 USD per lot
$5.5 USD per lot
3 currency units
(per lot per side)

2.75 currency units
(per lot per side)
Spread start1.0 pips
0.7 pips
0.0 pips0.0 pips
Cost saving30%21.43%8.33%
IC Markets standard account direct spread discount

For Standard account : Direct spread reduction
Original spread : start from 1.0 pips
Discounted spread: start from 0.7 pips

For Raw Spread account (Metatrader) : Direct commission reduction
Original commission : $7 USD per lot
Discounted commission : $5.5 USD per lot

For Raw Spread account (cTrader) : Direct commission reduction
Original commission : 3 currency units (per lot per side)
Discounted commission : 2.75 currency units (per lot per side)

Note :
– The commissions on cTrader isn’t fixed amount.
– For Islamic account : you can receive the special discount for Islamic MT4 account and Islamic cTrader account (except Islamic MT5 account).
– For Raw Spread account : If you trade 0.01 lot, the commission is 5.5 x 0.01 = $0.055 = $0.06 (2 decimal places)
– If your trading account doesn’t receive the special discount, you can send an email to [email protected] and inform as below.
"Please link my whole profiles (including all existing accounts) under IB : 26686 and add all existing accounts into the discounted group."


Likerebateforex condition : No
(*** No need to add your Client ID on our member area. ***)


How to calculate the commission on cTrader :
Discounted cTrader commission is 2.75 per lot per side of the base currency of the pair traded. This is charged when you enter and when you exit the trade.
Example (cTrader) :
If you are trading 1 lot (100k) of USDCAD, USDJPY or USDxxx :
enter USDxxx at price 1.18462,
exit USDxxx at price 1.18266,
so the commission on cTrader is :

(Original cTrader commissions)
Calculation based on 3.00 per side :
1.18462 x 50 000 = 59,231 x (3.00 / 100 000) = 1.78 USD > convert > 1.37 GBP
1.18266 x 50 000 = 59,133 x (3.00 / 100 000) = 1.77 USD > convert > 1.36 GBP
If your account currency is USD, Total: 1.78 + 1.77 = 3.55 USD
If your account currency is GBP, Total: 1.37 + 1.36 = 2.73 GBP

(Discounted cTrader commissions)
Calculation based on 2.75 per side :
1.18462 x 50 000 = 59,231 x (2.75 / 100 000) = 1.63 USD > convert > 1.25 GBP
1.18266 x 50 000 = 59,133 x (2.75 / 100 000) = 1.63 USD > convert > 1.25 GBP
If your account currency is USD, Total: 1.63 + 1.63 = 3.26 USD
If your account currency is GBP, Total: 1.25 + 1.25 = 2.50 GBP

IC Markets Trading Account Types
IC Markets account type IC Markets Trading Account Types
Raw Spread
(cTrader)
Raw Spread
(MT4 & MT5)
Standard
Maximum Leverage1 : 5001 : 5001 : 500
Base Currency OptionsAUD, USD, EUR, CAD, GBP, CHF, JPY, NZD, CAD, SGD, HKD
Spread from0.0 pips0.0 pips1.0 pips
Spread from
(Special Discount)
0.0 pips0.0 pips0.7 pips
Commission6 currency unit per lot roundturn$7 USD per lot roundturnNo
Commission
(Special Discount)
5.5 currency unit per lot roundturn$5.5 USD per lot roundturnNo
Server LocationLondonNew YorkNew York
Stop Out Level50%50%50%
Micro Lot Trading (0.01)
Currency Pairs646464
Index CFD Trading
One Click Trading
Islamic Accounts
CNS VPS Cross Connect
Trading Styles AllowedAllAllAll
Order Distance RestrictionNoneNoneNone
Programming LanguageC#MQL4MQL4
Suitable ForDay Traders & ScalpersEAs & ScalpersDiscretionary Traders
Minimum Deposit

$200

$200

$200

Broker Information : IC Markets
Established2007
Restricted RegionsUSA, Canada, Israel and Islamic Republic of Iran.
Office

Australia: Level 6 309 Kent Street Sydney NSW 2000 AUSTRALIA

Seychelles: HIS Buildings, Providence Mahe, Seychelles

Regulation

ASIC regulated (AFSL 335692)

FSA regulated (No. SD018)

Customer Support
Phone Support

Working hours : 24/5

Global: +61 (0)2 8014 4280

Online Support

Working hours : 24/5

Live Chat

[email protected]

Financing methods
Account CurrenciesAUD, USD, EUR, CAD, GBP, CHF, JPY, NZD, CAD, SGD and HKD
Deposit / Withdrawal MethodsLocal Bank Transfer
Paypal
Skrill
Neteller
Credit/Debit Card
Bank Transfer Within Australia
Bank Wire Transfer
Rapid Transfer (Europe)
Klarna/Sofort (Europe)
Bitcoin Wallet
China Union Pay
Forex Trading Options
Currencies
Indices
Stocks
Metals : Gold, Silver, etc.
Energies : Oil, Gas, etc.
Cryptocurrencies : Bitcoin [BTC], etc.
Trading Platforms
Time ZoneGMT +3
Platforms

Metatrader 4 (MT4), Metatrader 5 (MT5), cTrader

Metatrader 4 (MT4), Metatrader 5 (MT5), cTrader

MT Webtrader, cTrader Web

Mobile Support

Metatrader 4 (MT4), Metatrader 5 (MT5), cTrader

Metatrader 4 (MT4), Metatrader 5 (MT5), cTrader

    IC Markets is one of the most renowned Forex CFD broker, providing trading solutions for active day traders and scalpers as well as traders that are new to the forex market. IC Markets offers its clients cutting edge trading platforms, low latency connectivity and superior liquidity. IC Markets is revolutionizing on-line forex trading on-line traders are now able to gain access to pricing and liquidity previously only available to investment banks and high net worth individuals. Our management team have significant experience in the Forex, CFD and Equity markets in Asia, Europe and North America. It is this experience that has enabled us to select the best possible technology solutions and hand pick the best liquidity available in the market.

Mission Statement

IC Markets mission is to create the best and most transparent trading environment for retail and institutional clients alike allowing traders to focus more on their trading. Built by traders for traders IC Markets is dedicated to offering superior spreads, execution and service.


Lower Spreads

Our mission is to provide traders with the lowest spreads possible during all market conditions. We have invested heavily in technology and establishing strong relationships with the largest and most reliable price providers in the market. We are constantly adding and tweaking the technology of our trading environment in order to bring the trader the best possible conditions in the industry


Faster Execution

IC Markets utilises enterprise grade hardware on our trade servers in the NY4 & LD5 data centre in New York & London respectively. Our trader servers are collocated with the data server of our pricing providers in these data centres. Dedicated fibre optic cross connects to our network and pricing providers ensures the lowest latency and fastest possible trade execution for our clients.


Superior Technology

IC Markets has partnered with the world’s best trading technology companies to bring you the ultimate trading environment and cutting edge trading tools. These tools include: Depth of Market (DoM), inbuilt spread monitoring, ladder trading, automated close of trades with custom order templates, and more. Our iPhone and Android trading applications have been optimised to provide you the best possible mobile trading experience.


The Ultimate in Trading Conditions

Our trading environment has been created with traders in mind. Scalping, hedging, and automated trading are all allowed. Our Raw Spread account spreads start at 0.0 pips. We have flexible leverage options offering up to 1:500, and accept deposits in 10 major currencies.


Better Fills

Clients can be filled on trade sizes from 1 micro lot (1,000 base currency) to 200 lots (25 million base currency) through our trading environment. Our technology sorts and ranks prices to allow real-time execution of large trades over multiple pricing providers and their pricing tiers, and this ensures the best price for any trade size.


Unrivalled Customer Service

IC Markets strives to offer you the best possible customer service and support. Our team has a significant amount of experience within the forex industry so they understand what traders want and need. You can trade with confidence knowing that the IC Markets team will always be there to help 24 hours a day, 5 days a week.


Audit

IC Markets has in place an independent, external auditor to supplement our operational processes and ensure regulatory compliance.


Confidentiality

IC Markets maintains appropriate controls and monitors the transfer of confidential and sensitive client information within and outside the Company on a need-to-know basis. IC Markets does not deliberately disclose client information unless this is upon request of the client, or as required to do so by law.