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IC Markets fees
Cost is where brokers in the same regulatory bracket actually differ. The full fee record for IC Markets, from the database.
Facts last checked . Read the full IC Markets review.
What it costs to trade
- Spread from
- 0.0 pips
- EUR/USD spread
- 0.1 pips (Raw Spread)
- GBP/USD spread
- 0.4 pips (Raw Spread)
- Commission
- $3.50 per side / $7 round turn (Raw Spread MetaTrader)
- All-in cost, EUR/USD
- Approx. 0.8 pips
- Spread type
- Variable
- Overnight swap
- Both: swaps charged; swap-free accounts available
- Inactivity fee
- None on Global; EU: 10 account-currency units/month after 6 months inactivity
- Withdrawal fee
- None; third-party/bank charges may apply
- Currency conversion
- Conversion at applicable exchange rate/charges; no fixed percentage published
What this means
Cost is where brokers in the same regulatory bracket actually differ.
A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
IC Markets lists a minimum deposit of $200. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Questions about IC Markets fees
What is the EUR/USD spread at IC Markets?
IC Markets records an average EUR/USD spread of 0.1 pips (Raw Spread) on a variable pricing model.
Does IC Markets charge commission?
IC Markets's commission is $3.50 per side / $7 round turn (Raw Spread MetaTrader). A commission account usually pairs with a tighter spread, so the two have to be read together.
Does IC Markets charge an inactivity fee?
IC Markets's inactivity fee is recorded as none on Global; EU: 10 account-currency units/month after 6 months inactivity.
Fees at brokers under the same regulator
- Eightcap fees also licensed by ASIC
- Admirals fees also licensed by ASIC
- Plus500 fees also licensed by ASIC
- FP Markets fees also licensed by ASIC
- Pepperstone fees also licensed by ASIC