How to open an IC Markets account
Opening an IC Markets account takes five steps: register on IC Markets's site, verify your identity and address, choose an account (Raw Spread (MetaTrader), Raw Spread (cTrader / TradingView), Standard, Swap Free; Raw Pro and Raw Pro+ in early access), fund it (minimum: USD 200 (or currency equivalent; the help centre also says an account can be opened without any minimum)) and pick a platform.
The sign-up form takes minutes; the part that matters is choosing the right IC Markets company and account. Here are the steps with IC Markets's own published conditions at each one.
1. Check which IC Markets company will hold your account
IC Markets holds licences from FSA Seychelles, ASIC, CySEC. The company that opens your account depends on your country of residence, and it decides your leverage and protection. Which IC Markets company opens your account depends on where you live. If you live in the EU, the UK, Australia, South Africa, Kenya, the UAE or Qatar, our link only goes to an IC Markets entity licensed for your country, and where there is none we show no link. We show no sign-up links at all in countries where promoting offshore brokers is not allowed.
- FSA Seychelles
- Raw Trading Ltd · licence SD018icmarkets.com
- ASIC
- International Capital Markets Pty Ltd · licence AFSL 335692icmarkets.com.au
- CySEC
- IC Markets (EU) Ltd · licence 362/18icmarkets.eu
2. Register and verify your identity
Register on IC Markets's website or app with your email and phone. Regulated brokers must check your identity and address under anti-money-laundering rules, so IC Markets will ask for documents in its sign-up flow. Verifying before you deposit avoids delays on your first withdrawal.
3. Choose an account type and currency
IC Markets lists: Raw Spread (MetaTrader), Raw Spread (cTrader / TradingView), Standard, Swap Free; Raw Pro and Raw Pro+ in early access. Account currencies: AUD, USD, EUR, GBP, SGD, JPY, CHF, NZD, CAD, HKD. Commission: "USD 3.50 per lot per side (Raw Spread on MetaTrader, USD 7.0 round turn; cTrader and TradingView USD 3 per USD 100k; Standard no commission)". Accounts differ in how they charge you (spread or commission); see the cost per lot calculator.
4. Make your first deposit
Minimum deposit: USD 200 (or currency equivalent; the help centre also says an account can be opened without any minimum). Deposit methods IC Markets lists: Bank/wire transfer, PayPal, Credit card, Skrill, Neteller, UnionPay, BPAY, FasaPay, POLi.
5. Pick a platform and start on demo
IC Markets lists: MT4, MT5, cTrader, TradingView. Practise there first. IC Markets publishes that 73.46% of its retail CFD accounts lose money.
Not sure IC Markets is right for you?
Before you choose, put IC Markets next to its closest rivals: IC Markets vs FP Markets, IC Markets vs Eightcap, IC Markets vs Admirals. Our country pages list IC Markets for Germany, France, Italy, Spain, the Netherlands.
Frequently asked questions
Short answers from IC Markets's own pages, as quoted above.
How do I open an IC Markets account?
Register on IC Markets's website or app, verify your identity and address, choose an account (Raw Spread (MetaTrader), Raw Spread (cTrader / TradingView), Standard, Swap Free; Raw Pro and Raw Pro+ in early access), deposit at least USD 200 (or currency equivalent; the help centre also says an account can be opened without any minimum) and pick a platform.
Which IC Markets company will hold my account?
It depends on your country. IC Markets holds licences from FSA Seychelles, ASIC, CySEC; each is linked to its register on this page.
Does it matter if I sign up through a link?
No. Our referral link only tells IC Markets who referred you; you get the same account, prices and protection as signing up directly.
Sources
IC Markets's own pages and the regulators' registers, read on 28 Oct 2026. We have not traded at IC Markets; every statement above is what these pages say.
- icmarkets.com/global/en/start-forex-trading
- icmarkets.com/global/en/help-resources/help-centre
- icmarkets.com/global/en/trading-pricing/spreads
- icmarkets.com/global/en/trading-accounts/overview
- icmarkets.eu/en/company/regulation
- icmarkets.com/global/en/company/regulation
- icmarkets.com.au/en/company/contact-us
Affiliate disclosure. We may earn a commission when you open an account through our links. It never changes a score, a ranking or what we write. Read the full affiliate disclosure.
Forex trading at these brokers is done through CFDs (contracts for difference): you trade on the price moving up or down, without owning the currency itself.Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.46% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Read the full risk warning