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 Type | Standard | Raw Spread (Metatrader) | Raw Spread (cTrader) |
Commission | No |
$5.5 USD per lot | (per lot per side) 2.75 currency units (per lot per side) |
Spread start | 0.7 pips | 0.0 pips | 0.0 pips |
Cost saving | 30% | 21.43% | 8.33% |
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
Get the direct discount easily in 3 steps.
Step 1 : Click "Open New IC Markets Account" button.
(Please clear cache and cookie in the browser before clicking on our link button.)
Step 2 : Add your Client ID in our member area.
Step 3 : Waiting for approval within 24 hrs.
Case : Your trading account hasn’t been placed under other IB
You can send an email to [email protected] and request to link your whole profiles (including all existing accounts) under our IB : 26686
Example
Dear Partners Team,
Please link my whole profiles (including all existing accounts) under IB : 26686.
Reason : Get the discount.
Thank you.
Best regards,
…..(input your name)….
Case : Need to transfer your client ID under our IB account
(Case : Your trading account hasn been placed under other IB)
You have to open a new IC Markets account with your secondary email by clicking the button “Open New IC Markets Account” as below.
(Please clear cache and cookie in the browser before clicking on our link button.)
You can inform IC Markets to upload your documents to the new profile area and transfer balances between your accounts by using your email address (old profile) send an email to [email protected] for requesting to upload your documents and transfer your balances across to your new profile.
Example
Dear Support Team,
Please upload my documents and transfer my balances across to my new profile.
My new profile : …..(input your secondary email)….
Thank you.
Best regards,
…..(input your name)….
Established | 2007 |
Restricted Regions | USA, 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) |
Phone Support | Working hours : 24/5 Global: +61 (0)2 8014 4280 |
Online Support | Working hours : 24/5 Live Chat |
Account Currencies | AUD, USD, EUR, CAD, GBP, CHF, JPY, NZD, CAD, SGD and HKD |
Deposit / Withdrawal Methods | Local 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 |
Currencies | |
Indices | |
Stocks | |
Metals : Gold, Silver, etc. | |
Energies : Oil, Gas, etc. | |
Cryptocurrencies : Bitcoin [BTC], etc. |
Time Zone | GMT +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.
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.
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
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.
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.
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.
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.
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.
IC Markets has in place an independent, external auditor to supplement our operational processes and ensure regulatory compliance.
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.