IC Markets Cashback Rebates

 

Overall, IC Markets offers a forex cashback on all IC Markets accounts from $1.50 on Forex and metals on Tier 1 of the Raw Trader Rebates program. However, according to IC Markets, traders could earn up to $2.50 per lot traded when they reach Tier 3 of the rebates program.

 

🔎 IC Markets Accounts🥇 Standard Account🥈 Raw Spread Account🥉 cTrader Raw Account
📈 ForexForex Majors – 0.2 pips
Forex Minors – 0.3 pips
21.50% of commissions paid$0.6 per 100K USD Traded
📊 IndicesUp to $1.25 per lotUp to $1.075 per lot$0.6 per 100K USD Traded
🪙 CryptocurrencyUp to $0.5 per lotUp to $0.43 per lot$0.6 per 100K USD Traded
💎 Precious Metals0.30 pips21.50% of commissions paid$0.6 per 100K USD Traded

 

IC Markets Cashback Rebates

 

IC Markets Cashback Rebate – 39 Key Point Quick Overview

 

  1. ☑️ IC Markets Rebate Conditions
  2. ☑️ How to Open a Forex Cashback Account with IC Markets (via SAShares)
  3. ☑️ Understanding Forex Trading Rebates and How They Work with IC Markets
  4. ☑️ The Benefits of Forex Trading Rebates with IC Markets
  5. ☑️ Key Factors to Consider When Evaluating IC Markets’ Forex Trading Rebate Program
  6. ☑️ Number of Traders Participating in IC Markets Cashback Rebates and Real-Life Examples
  7. ☑️ IC Markets Forex Trading Rebates Empowering Retail Traders for Success
  8. ☑️ Number of Traders participating in IC Markets Cashback Rebates
  9. ☑️ IC Markets Rebate Comparison vs. Notable Other Brokers
  10. ☑️ Detailed Summary of IC Markets
  11. ☑️ Geolocation of Traders
  12. ☑️ Advantages that IC Markets has over Competitors
  13. ☑️ Who will Benefit from Trading with IC Markets?
  14. ☑️ How to Maximize Your Savings with Forex Trading Rebates at IC Markets
  15. ☑️ IC Markets Regulation and Safety of Funds
  16. ☑️ IC Markets Awards and Recognition
  17. ☑️ IC Markets Account Types and Features
  18. ☑️ How to open an Account with IC Markets
  19. ☑️ IC Markets Trading Platforms
  20. ☑️ Which Markets Can You Trade with IC Markets?
  21. ☑️ IC Markets Trading and Non-Trading Fees
  22. ☑️ Calculating Forex Trading Rebates with IC Markets
  23. ☑️ IC Markets Deposits and Withdrawals
  24. ☑️ IC Markets Education and Research
  25. ☑️ How to open an Affiliate Account with IC Markets
  26. ☑️ IC Markets Customer Support
  27. ☑️ IC Markets Corporate Social Responsibility
  28. ☑️ Legal and Tax Implications – Understanding Forex Trading Rebates with IC Markets
  29. ☑️ Risks and Limitations of Forex Trading Rebates at IC Markets
  30. ☑️ Strategies to Maximize Rebates with IC Markets
  31. ☑️ IC Markets Alternatives
  32. ☑️ IC Markets VPS Review
  33. ☑️ IC Markets Web Traffic Report
  34. ☑️ IC Markets vs. Other Notable Brokers
  35. ☑️ IC Markets Pros and Cons
  36. ☑️ IC Markets Customer Reviews
  37. ☑️ Recommendation for Improving IC Markets Cashback Rebates
  38. ☑️ Our Verdict on IC Markets
  39. ☑️ Frequently Asked Questions

 

 

IC Markets Rebate Conditions

 

  • ✅ According to CySEC, SCB, and ASIC rules, traders who register with IC Markets are not eligible for rebates.
  • ✅ Cyprus residents are not eligible for cashback rebates.

 

 

IC Markets Additional Notes on Cashback Rebates

 

  • ✅ Unless otherwise specified, cashback rebates are distributed per round-trip.
  • ✅ Standard Account holders are eligible for rebates ranging from 0.2 pips on Forex, $1.25 per lot on Indices, 0.3 pips on Metals, and $0.5 on cryptocurrencies.
  • ✅ Raw Spread Account holders may anticipate refunds of up to $0.43 on cryptocurrencies and up to 21.5% on Forex and Metals.
  • ✅ cTrader Raw Account Holders are eligible to get rebates of $0.60 for 100,000 standard lots traded on Forex, commodities, indices, and cryptocurrencies.
  • ✅ IC Markets provide spread and Commission reductions.

 

 

Finally, Monthly cashback is available with real-time reporting.

 

IC Markets Rebate Conditions

 

How to Open a Forex Cashback Account with IC Markets (via SAShares)

 

You can follow these steps to register for a Forex Cashback Account with IC Markets via SAShares.

 

 

For New Accounts

 

If you do not have an existing account with IC Markets, you can easily obtain a cashback rebate in three simple steps.

 

✅ Step 1:  Visit the IC Markets Website

Visit the IC Markets website and click “Open New Account.”

 

 

✅ Step 2: Submit a Trading ID

Submit your Trading ID to us: [SAShares]

 

For Example:

 

To: [SAShares]

Subject: New IC Markets Rebate Application

 

“Dear SAShares Team,

Please view my IC Markets Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

 

 

✅ Step 3:  Wait for Approval

Wait for approval, which will be sent within [number of hours]. Once approval is given, you will automatically receive your cashback rebates from the IC Markets system.

 

 

For Existing Accounts

 

If you have an existing IC Markets account, you can get a cashback rebate by following these simple steps.

 

 

✅ Step 1:  Contact IC Markets via Email

Send an email to IC Markets: [email address for broker].  Request that the broker transfer the trading account under the following SAShares Affiliate ID: [SAShares]

 

For Example:

 

To: [SAShares]

Subject: Account Transfer Request

 

“Dear IC Markets Partner/Affiliate Team,

I would hereby like to request that my account be transferred to IB/Partner/Affiliate code [SAShares Code]. Furthermore, I would hereby like to request to be assigned under the mentioned IB regardless of whether my account falls under an umbrella or parent IB.”

 

 

✅ Step 2:  Create an Additional Account

Once you receive confirmation of the transfer from IC Markets, you can create an additional trading account.

 

 

✅ Step 3:  Contact SA Shares

Lastly, you can send your Trading or Client ID to [SAShares].

 

For Example:

 

To: [SAShares]

Subject: New IC Markets Rebate Application

 

“Dear SAShares Team,

Please view my IC Markets Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

 

How to Open a Forex Cashback Account with IC Markets (via SAShares)

 

Understanding Forex Trading Rebates and How They Work with IC Markets

 

Forex trading rebates are monetary incentives given to traders to encourage high trading volumes. These rebates are a portion of the trading commissions paid to the broker.

IC Markets has a structured approach to providing these rebates to its clients through its Raw Trader Plus program. We will review the “how” of forex trading rebates with IC Markets below.

 

✅ How Rebates Are Calculated

 

IC Markets calculates rebates based on the number of standard lots traded in Forex and metals.

The rebates are tiered, meaning the higher the rebate per lot, the more you trade. For example, if you trade 100 standard lots, you will be classified as Tier 1 and will receive a $1.50 rebate per lot. If you sell more than 1000 lots, you will be moved to Tier 2, where the rebate will be $2.25 per lot, and so on.

 

✅ Automatic and Daily Refunds

 

Automating the rebate process is one of the most notable features of IC Markets’ rebate program.  The rebates are automatically refunded to your trading account daily once you meet the specific trading volume criteria. This eliminates manual calculations or claims, resulting in a more seamless and efficient process.

 

✅ Volume Requirements and Membership Retention

 

To continue benefiting from the Raw Trader Plus program, you must meet specific trading volume requirements over three months.

If you do not meet these requirements, you risk losing your membership and the benefits that come with it. Keeping track of your trading volumes and ensuring you still meet the requirements to keep receiving rebates is critical.

 

✅ Monthly Crediting

 

Rebates are refunded to your account daily, but the overall sum is credited monthly, contingent upon fulfilling tier-specific requirements. Rebates corresponding with your respective tier will be granted for any month you meet said criteria.

 

✅ Terms and Conditions

 

Reading and comprehending the Raw Trader Plus program’s terms and conditions is critical. These terms define the specific criteria for each tier, the assets that are eligible for rebates, and other important information. Failure to comply with these terms may result in the loss of earned rebates.

 

✅ How to Get Started

 

To enroll in the Raw Trader Plus program, email IC Markets’ Client Relations team. They will walk you through the setup process, ensuring you understand the program’s criteria and benefits.

 

 

How often are Forex trading rebates credited at IC Markets?

IC Markets credits Forex trading rebates daily based on trading volume.

 

Are there minimum trade requirements to receive rebates at IC Markets?

Yes, IC Markets has a tiered rebate structure that requires certain trade volume thresholds to be met to qualify for rebates.

 

 

Understanding Forex Trading Rebates and How They Work with IC Markets

 

The Benefits of Forex Trading Rebates with IC Markets

 

  • ✅ To keep their membership benefits, traders must meet certain volume requirements over three months.
  • ✅ The criteria for rebates and other benefits are outlined in clear terms and conditions.
  • ✅ The sign-up process is simple and takes place via email.
  • ✅ Customer service is readily available for any questions or clarifications.
  • ✅ If tier-specific criteria are met, the total rebate amount is credited to traders’ accounts monthly.
  • ✅ Rebates are divided into three tiers based on trading volume, with up to $2.50 offered per FX/Metals lot.
  • ✅ When certain criteria are met, rebates are automatically credited to traders’ accounts daily.
  • ✅ The number of standard lots traded in Forex and metals determines the rebate amount.
  • ✅ The program provides competitive pricing structures designed specifically for high-volume traders.
  • ✅ Membership grants access to diverse trading products, platforms, and account types.
  • ✅ Members can use VPS hosting for automated trading strategies.
  • ✅ Traders can get help from a specialized Client Relations team.
  • ✅ The program allows participants to gain access to popular and liquid global markets.

 

 

Are the Forex trading rebates at IC Markets automatic, or must I request them?

Rebates at IC Markets are automatically credited based on your trading volume.

 

Will I receive rebates at IC Markets if I trade infrequently?

Yes, infrequent traders at IC Markets might be eligible for rebates, though the amount will be reduced due to lower trading volume.

 

The Benefits of Forex Trading Rebates with IC Markets

 

Key Factors to Consider When Evaluating IC Markets’ Forex Trading Rebate Program

 

✅ Enrollment Process

 

Signing up is achieved by using email and is usually uncomplicated. Nevertheless, it is vital to comprehend all the enrollment prerequisites or documents needed beforehand.

 

✅ Customer Service Availability and  Range of Trading Products

 

If you have any doubts or questions, be confident that the customer service team is readily available. Evaluating their responsiveness and efficiency is advisable since it can influence how quickly your concerns will be addressed and resolved.

This program provides users access to various trading options, including various products, platforms, and account types. Examine whether these options are consistent with your trading criteria and preferences.

 

✅ Rebate Structure and Automatic Crediting

 

It is critical to understand the tiered rebate system. Based on your trading volume, IC Markets will pay you up to $2.50 per FX/Metals lot. Examine whether the rebate amounts offered correspond to your trading strategy and volume.

If certain criteria are met, the program automatically credits rebates to traders’ accounts daily. This automation eliminates the need for traders to perform manual calculations or claims, making it more convenient for them.

 

✅ Volume-Based Criteria and Membership Retention

 

The number of standard lots traded determines the rebate amounts. Ensure you understand each tier’s volume requirements and whether your trading activity can meet these criteria consistently.

To keep the program’s benefits, traders must meet specific volume requirements over three months. Examine whether you can meet these requirements consistently to keep your membership.

 

✅ Terms and Conditions and VPS Hosting

 

It is essential to thoroughly peruse the terms and conditions, as they contain comprehensive details regarding rebate-eligible assets, tier criteria, and other crucial information.

If you use automated trading strategies, the availability of VPS hosting solutions can be a significant advantage. Examine the quality and dependability of the VPS service provided.

 

✅ Client Support and Market Access

 

Enhancing your trading experience and addressing concerns is made possible through the expertise of a devoted Client Relations team. Assessing the level of customer service is key to optimizing your trading performance.

The program provides global access to popular and liquid markets. Consider whether this access is compatible with your trading objectives and strategies.

 

✅ Monthly Crediting Schedule and Pricing Structure

 

While rebates are calculated daily, the total amount is credited monthly. Knowing the crediting schedule can help you better plan your trading activities and cash flow.  IC Markets offers competitive pricing options for traders dealing with large volumes. Assess whether the current pricing structure fits your trading methodology and has the potential to boost earnings.

 

Are there any eligibility criteria for IC Markets’ Forex trading rebate program?

Account type and compliance with the broker’s trading policies may determine IC Markets’ rebate program eligibility.

 

Does IC Markets’ rebate program have any restrictions on trading strategies?

No, IC Markets allows a variety of trading strategies, but it is important to check if any rebate program restrictions apply.

 

 

Key Factors to Consider When Evaluating IC Markets’ Forex Trading Rebate Program

 

Number of Traders Participating in IC Markets Cashback Rebates and Real-Life Examples

 

We do not know how many traders participate in the IC Markets rebates program. However, we can provide some hypothetical examples of how the program works.

 

  • High-Volume Day Trader: Bronwyn is a high-volume day trader who trades around 150 standard lots of Forex and metals monthly. She is classified as Tier 1 and receives a $1.50 rebate per lot. She receives a total rebate of $225 (150 lots x $1.50) at the end of the month, which is automatically credited to her account.
  • Mid-Level Trader: Mitchel trades approximately 1200 standard lots of Forex and metals each month. He is eligible for Tier 2 and will receive a $2.25 rebate per lot. His monthly rebate totals $2,700 (1200 lots x $2.25).
  • Automated Trading Enthusiast: Cindy enjoys automated trading strategies and trades around 2500 monthly standard lots. She is classified as Tier 3 and receives a $2.50 rebate per lot. Her monthly rebate total is $6,250 (2500 lots x $2.50).
  • Occasional Trader: Connor is an occasional trader who trades around 80 standard lots per month. Even though he does not qualify for any tier, he is motivated to increase his trading volume to at least 100 lots to begin receiving rebates.
  • Switching from Another Broker: Sally used to trade with another broker before switching to IC Markets because of the rebate program. She trades approximately 1100 lots per month and now receives a monthly rebate of $2,475 (1100 lots x $2.25), which she did not receive from her previous broker.

 

 

Number of Traders Participating in IC Markets Cashback Rebates and Real-Life Examples

 

IC Markets Forex Trading Rebates Empowering Retail Traders for Success

 

  • ✅ Additional benefits such as VPS hosting and dedicated client support empower retail traders even more by providing them with tools and services typically reserved for institutional traders.
  • ✅ The program’s clear terms and conditions ensure retail traders know exactly what to expect. Transparency fosters trust and encourages greater retail participation.
  • ✅ The rebate program’s tiered structure encourages traders to increase their trading volume. This can be especially beneficial for retail traders who might otherwise be hesitant to expand their operations.
  • ✅ The rebates can be considered extra capital traders can reinvest in the market. This gives retail traders more leeway to diversify their strategies and enter new markets.
  • ✅ The rebates can also act as a buffer against potential losses, lowering the financial risks associated with trading. This is a significant advantage for retail traders, who frequently operate with limited capital.
  • ✅ The reduction in trading costs is the most immediate benefit. The rebates reduce commission fees, making trading more affordable for retail traders.
  • ✅ Because rebates reduce trading costs, they indirectly increase the profitability of each trade. Even a small rebate can add up over time and significantly impact a trader’s bottom line.
  • ✅ The automatic daily crediting of rebates relieves traders of the administrative burden, allowing them to concentrate solely on trading. This is especially useful for retail traders who may lack the resources to handle complex accounting.

 

 

IC Markets Forex Trading Rebates Empowering Retail Traders for Success

 

Number of Traders participating in IC Markets Cashback Rebates

 

IC Markets has over 180,000 clients registered to receive comprehensive trading solutions. However, it is unclear how many of these clients are registered with IC Markets to receive Cashback Rebates.

 

Number of Traders participating in IC Markets Cashback Rebates

 

IC Markets Rebate Comparison vs. Notable Other Brokers

 

To view IC Markets’ comprehensive Cashback Rebates Program, we compared it with other notable brokers using the VIP, ECN, or Professional Accounts.

 

🔎 Brokers🥇 IC Markets🥈 Tickmill🥉 RoboForex
📉 ForexForex Majors – 0.2 pips
Forex Minors – 0.3 pips
$1.55 per lot + 5% commission reduction10% - 20% of broker revenue
📊 IndicesUp to $1.25 per lotN/A10% - 20% of broker revenue
🪙 CryptocurrencyUp to $0.5 per lotN/A10% - 20% of broker revenue
💎 Precious Metals0.30 pips$1.55 per lot10% - 20% of broker revenue
📌 SharesN/AN/A10% - 20% of broker revenue
📍 ETFsN/AN/A10% - 20% of broker revenue
➡️ Oil/EnergiesN/AN/A10% - 20% of broker revenue

 

IC Markets Rebate Comparison vs. Notable Other Brokers

 

Detailed Summary of IC Markets

 

🔎 HeadquarteredSydney, Australia
🌎 Global OfficesAustralia
📌 Year Founded2007
📍 RegulationASIC, CySEC, FSA, SCB
1️⃣ Tier-1 LicensesAustralian Securities and Investments Commission (ASIC)
2️⃣ Tier-2 LicensesCyprus Securities and Exchange Commission (CySEC)
❌ Regional RestrictionsUnited States, Israel, Canada, New Zealand, North Korea
☪️ Islamic Account✅ Yes
🆓 Demo Account✅ Yes
⏰ Non-expiring Demo✅ Yes
🕰️ Demo DurationUnlimited, but will close after 30 days of inactivity
3️⃣ Retail Investor Accounts3
📈 PAMM AccountsNone
📉 Liquidity Providers25
📊 Affiliate Program✅ Yes
▶️ Order ExecutionMarket
⏩ OCO OrdersNone
🫰🏻 One-Click Trading✅ Yes
🅰️ Scalping Allowed✅ Yes
🅱️ Hedging Allowed✅ Yes
📰 News Trading Allowed✅ Yes
💻 Expert Advisors (EAs) Allowed✅ Yes
🖥️ Trading API✅ Yes
📌 Starting spreadFrom 0.0 pips
💴 Minimum Commission per TradeFrom $3 to $3.5
💵 Decimal Pricing5th decimal pricing after the comma
💶 Margin Call100%
⛔ Stop-Out50%
⬇️ Minimum Trade Size0.01 lots
⬆️ Maximum Trade SizeUnlimited
🪙 Crypto trading offered✅ Yes
❤️ Dedicated Account ManagerNone
💹 Maximum Leverage1:500
⛔ Leverage RestrictionsNone
💷 Minimum Deposit (USD)$200
💰 Deposit CurrenciesAUD, USD, JPY, EUR, NZD, SGD, GBP, CAD
💴 Account Base Currencies (All)AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD
👤 Active IC Markets customers180,000+
⏰ Minimum Withdrawal TimeInstant
🕰️ Maximum Estimated Withdrawal TimeUp to 14 business days
💳 Instant Deposits and Instant Withdrawals✅ Yes
🔃 Segregated Accounts✅ Yes
⌛ Trading Platform TimeUTC +03:00
🚨 Observe DST Change✅ Yes
📌 DST Change Time zoneEastern Standard Time (EST)
📍 Languages supported on the websiteEnglish, Spanish, Russian, Thai, Malay, Vietnamese, Italian, Portuguese, and several others
📈 Customer Support LanguagesMultilingual
📉 Copy Trading Support✅ Yes
📊 Customer Service Hours24/7
🎁 Bonuses and PromotionsNone
🖍️ Education for beginners✅ Yes
💻 Proprietary trading softwareNone
🖥️ Is IC Markets a safe broker for traders✅ Yes
🔟 Rating for IC Markets9/10
💯 Trust score for IC Markets86%

 

Detailed Summary of IC Markets

 

Geolocation of Traders

 

Most of IC Markets’ market share is concentrated in these areas:

 

  • ✅ Vietnam – 9.99%
  • ✅ United Kingdom – 8.91%
  • ✅ Poland – 5.74%
  • ✅ Brazil – 4.19%

 

 

IC Markets is an Australian-based broker popular in several regions worldwide, including South and North America and Europe.

 

Countries not accepted by IC Markets

 

IC Markets’ services do not cover the following countries:

 

  • ✅ United States
  • ✅ Israel
  • ✅ Canada
  • ✅ New Zealand
  • ✅ North Korea

 

Popularity among traders who choose IC Markets

 

IC Markets is a multi-regulated and reputable broker that falls within the Top 60 brokers worldwide.

 

Geolocation of Traders

 

Advantages that IC Markets has over Competitors

 

IC Markets has the following advantages over its competitors:

 

  • ✅ IC Markets guarantees high-speed trade execution with minimum delay, thanks to its True ECN model.
  • ✅ Innovative trading technology and the best tools for trading.
  • ✅ There are optimal trading conditions for all types of traders.
  • ✅ There are low spreads attributable to IC Markets’ partnership with leading liquidity providers.
  • ✅ Orders are routed directly to providers, ensuring that there are zero-pip spreads.

 

 

IC Markets offers one-click trading, add-ons for MetaTrader 4, and more.

 

Advantages that IC Markets has over Competitors

 

Who will Benefit from Trading with IC Markets?

 

Discretionary traders, day traders, and traders using automated systems are encouraged to consider IC Markets.  In addition, investors and traders at a superior level who need and desire premium services, such as instantaneous order execution, can choose an institutional trading platform.

The broker cares about its clients taking advantage of price changes and completing transactions quickly. Due to the broker’s low average latency speeds (around 40ms), traders may expect lightning-fast order execution.

Furthermore, the platform allows for any trading strategy, including scalping, hedging, and high-frequency algorithms.

Beginners who want a hands-off approach to trading may appreciate resources like AutoTrade and ZuluTrade, which provide instructional content and value-added solutions.

 

Who will Benefit from Trading with IC Markets

 

How to Maximize Your Savings with Forex Trading Rebates at IC Markets

 

  • ✅ If you use automated trading strategies, use IC Markets’ free VPS hosting. This can help you improve your trading performance and reach higher trading volumes, allowing you to qualify for better rebates.
  • ✅ Familiarize yourself with the tiered rebate system to determine your current tier and what you need to do to advance to the next tier for higher rebates.
  • ✅ Keep a daily record of your trading volume. Because IC Markets credits rebates daily, knowing your daily trading volume can help you make timely decisions to qualify for rebates.
  • ✅ Because rebates are credited on a calendar month basis, plan your trading activities to ensure you meet the tier-specific criteria by the end of each month.
  • ✅ Contact the Client Relations team for personalized advice on maximizing your rebates based on your trading style and volume.

 

 

Does IC Markets offer any tools to help me track and maximize my rebates?

Yes, IC Markets offers a safe client area where you can keep track of your trading volume and estimated rebates.

 

Will participating in IC Markets’ rebate program affect my spread or commission rates?

No, participation in the rebate program does not affect IC Markets’ spreads or commission rates.

 

 

How to Maximize Your Savings with Forex Trading Rebates at IC Markets

 

IC Markets Regulation and Safety of Funds

 

IC Markets Global Regulations

 

🔎 Registered Entity🌎 Country of Registration📌 Registration Number📍 Regulatory Entity📈 Tier📉 License Number/Ref
1️⃣ Raw Trading LtdSeychellesn/aFSA3SD018
2️⃣ International Capital Markets Pty Ltd.AustraliaCAN 123 289 109ASIC1AFSL 335692
3️⃣ IC Markets EU LtdCyprusn/aCySEC2362/18
4️⃣ IC Markets LtdBahamas76823 CSCB3SIA-F214

 

How IC Markets Protects Traders and Client Funds

 

🔎 Security Measure📍 Information
🔒 Segregated Accounts✅ Yes
🔏 Compensation Fund MemberNo, in-house insurance
🔐 Compensation Amount$1 million
🔓 SSL CertificateNone
🔒 2FA (Where Applicable)None
🔏 Privacy Policy in Place✅ Yes
🔐 Risk Warning Provided✅ Yes
🔓 Negative Balance Protection✅ Yes
🔒 Guaranteed Stop-Loss OrdersNone

 

IC Markets strongly emphasizes ensuring the safety and security of its traders, including those who are part of the rebate program. The broker operates within a framework of strict regulatory oversight, which means it is committed to adhering to international financial standards.

This regulatory compliance is essential because it guarantees transparency and fair trading practices, offering additional security for traders. To further protect traders, IC Markets employs advanced encryption technologies to secure their personal and financial data.

This is especially crucial for those who receive daily and monthly rebates, ensuring that all transactions are processed securely.

Another element that contributes to safety is the broker’s transparent approach to the terms and conditions of the rebate program.

Traders receive clear and detailed guidelines on how rebates are calculated, and credited, and the eligibility criteria. This high level of transparency reduces the risk of misunderstandings and disputes, creating a more secure trading environment.

Furthermore, IC Markets provides dedicated client support to assist traders with any issues, including those related to rebates. Having access to expert customer service helps resolve concerns promptly and fosters a sense of security and trust among traders regarding the broker’s services.

 

 

Does IC Markets use tier-1 banks for fund segregation?

Yes, IC Markets uses tier-1 banks to separate client funds, ensuring high security and financial stability.

 

How does IC Markets ensure transparency in handling client funds?

IC Markets follows strict regulatory guidelines that necessitate transparent reporting and regular audits of client funds.

 

 

IC Markets Regulation and Safety of Funds

 

IC Markets Awards and Recognition

 

Over the years, IC Markets has received various industry awards, including:

 

  • ✅ IC Markets won the Best Forex MT5 Broker award in 2024 from FxScouts India.
  • ✅ IC Markets was named the top-ranked MetaTrader broker for the 2024 Annual Awards by ForexBrokers.com.
  • ✅ IC Markets received the Best Trading Tools award in 2020 from FxScouts India.
  • ✅ IC Markets won an industry award for ‘Branded Business Show and Advertising’ from Signal Awards for their third series of IC Your Trade.
  • ✅ IC Markets received the “Best Forex Broker Award” from Daytrading.com in 2020 and the “Best ECN Broker 2019” from the ADVFN International Financial Awards.

 

 

IC Markets Awards and Recognition

 

IC Markets Account Types and Features

 

🔎 Live Account💶 Minimum Dep.📉 Average Spread💴 Commissions💰 Average Trading Cost
🥇 cTrader$2000.0 pips$3 or $6 per side6.02 USD
🥈 Raw Spread$2000.0 pips$3.5 or $7 per side7.02 USD
🥉 Standard$2000.6 pipsNone6.30 USD

 

IC Markets cTrader Account

 

cTrader is a major trading platform developed to cater to CFD trading. It offers traders a variety of advanced trading tools, charting options, and more.

cTrader was developed to cater to CFD trading, and this commission-based account provides access to raw spreads from numerous liquidity sources and gives unbelievably cheap spreads. Furthermore, the maximum leverage allowed is 500:1.

 

🔎 Account Feature📍 Value
💻 Trading PlatformcTrader
💴 Commission$3 per side and $6 per round turn
💵 Typical Average Spreads0.0 pips
💶 Minimum Deposit Requirement$200
📈 Leverage1:500
📉 Maximum positions per account2,000 lots
📊 Server LocationLondon
📌 Is micro-trading allowed✅ Yes
🪙 Currency Pairs64
▶️ Index CFD Trading✅ Yes
⛔ Stop-out50%
🫰🏻 One-Click Trading offered✅ Yes
☪️ Islamic Accounts✅ Yes
↪️ Trading Styles acceptedScalping, hedging, expert advisors, algorithmic strategies, etc.
✴️ Programming LanguageC#
✔️ Suitable forDay traders, scalpers, active traders
🆓 Demo Account offered✅ Yes

 

IC Markets Account Types

 

IC Markets Raw Spread Account

 

The Raw Spread Account is designed for traders who want ultra-tight spreads and a clear trading environment. This account type has spreads that start at 0.0 pips, making it one of the most competitive in the market.

It is ideal for high-volume traders, scalpers, and those who use Expert Advisors (EAs) to trade automatically. The Raw Spread Account is available on the MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader platforms, as well as the cTrader platform.

It also allows traders to participate in the Raw Trader Plus rebate program, which allows them to earn rebates based on their trading volume. The account includes a commission per lot as a trade-off for the lower spreads.

 

🔎 Account Feature📌 Value
💻 Trading PlatformMetaTrader 4 and 5
💴 Commission$3.5 per side and $7 per round turn
💵 Typical Average Spreads0.0 pips
💶 Minimum Deposit Requirement$200
📈 Leverage1:500
📉 Maximum positions per account200 lots
📊 Server LocationNew York
📌 Is micro-trading allowed✅ Yes
🪙 Currency Pairs64
📍 Index CFD TradingYes
⛔ Stop-out50%
🫰🏻 One-Click Trading offered✅ Yes
☪️ Islamic Accounts✅ Yes
💹 Trading Styles acceptedScalping, hedging, expert advisors, algorithmic trading, etc.
🖋️ Programming LanguageMQL4
✔️ Suitable forExpert advisers, scalpers
🆓 Demo Account offered✅ Yes

 

IC Markets Account Types

 

IC Markets Standard Account

 

The IC Markets Standard Account is intended for traders who prefer a more traditional trading environment. This account type offers spreads as low as 1 pip and does not charge additional trade commissions.

It is an excellent choice for new traders or those who prefer a more straightforward fee structure. Like the Raw Spread Account, the Standard Account is available on the MT4 and MT5 platforms. It does not, however, provide the same rebate benefits as the Raw Spread Account.

 

🔎 Account Feature📌 Value
💻 Trading PlatformMetaTrader 4 and 5
💴 CommissionNone
💵 Typical Average Spreads0.6 pips
💶 Minimum Deposit Requirement$200
📈 Leverage1:500
📉 Maximum positions per account200 lots
📊 Server LocationNew York
📌 Is micro-trading allowed✅ Yes
🪙 Currency Pairs64
📍 Index CFD Trading✅ Yes
⛔ Stop-out50%
🫰🏻 One-Click Trading offered✅ Yes
☪️ Islamic Accounts✅ Yes
▶️ Trading Styles acceptedScalping, hedging, expert advisors, algorithmic trading, etc.
⏩ Programming LanguageMQL4
✔️ Suitable forDiscretionary Traders
🆓 Demo Account offered✅ Yes

 

IC Markets Account Types

 

IC Markets Demo Account

 

IC Markets allows traders to practice risk-free using their demo account, which is designed to replicate real market conditions.

This allows them to test various trading strategies and become familiarized with platform features such as MetaTrader 4, MetaTrader 5, and cTrader across all IC Market platforms.

Moreover, the advantages of accessing low spreads and fast trade execution speeds and having access to similar trading instruments are available in both live and demo accounts with IC Markets.

The forex broker’s demo features make it easier for traders to purchase assets such as forex pairs, commodities, stocks, cryptocurrencies, bonds, and futures while providing educational resources like advanced analysis tools.

 

IC Markets Demo Account

 

IC Markets Islamic Account

 

For clients who cannot earn or pay interest due to religious beliefs, IC Markets offers Islamic accounts, also known as swap-free accounts. These accounts ensure halal trading because no interest is charged on overnight positions.

The MetaTrader4, MetaTrader 5, and cTrader platforms, the swap-free option, are available on both the Raw Spread and Standard account types. C Markets’ Islamic accounts provide cutting-edge trading infrastructure and execution speeds, allowing traders to gain a competitive advantage.

The accounts enable traders to trade over 90 instruments with up to 1:1000 leverage and spread as low as 0.0 pips. There are no additional costs in the absence of swaps, and commissions and spreads apply as per the Raw Spread and Standard account types.

However, IC Markets Global reserves the right to request additional documentation before granting an account swap-free status.

It should be noted that some brokers may restrict the assets that Islamic account holders can trade. Cryptocurrencies, for example, are not always available to such account holders for trading.

Some service providers prohibit clients from holding any other account type alongside Islamic trading accounts. If an investor already has an account, that account will be closed before the swap-free account can be opened.

Another important consideration is that brokers may only offer Islamic accounts in certain countries.

 

IC Markets Islamic Account

 

How to open an Account with IC Markets

 

To register a live trading account with IC Markets, you can follow these steps:

 

  • ✅ To begin, go to the IC Markets website and click on the “Start Trading” button.
  • ✅ Your full name, country, email address, and phone number will be required. Ensure the phone number and email address are correct, as they will be used for verification.
  • ✅ You will be asked to provide additional information about yourself, such as your date of birth, employment status, and trading experience.
  • ✅ A copy of your government-issued ID, such as a passport or driver’s license, and a document verifying your proof of residence, such as a bank statement or utility bill, will be required.
  • ✅ IC Markets will review your application after you have submitted your application and supporting documents. If everything is in order, your account will be approved, and your login information will be emailed.

 

 

To begin trading, you must first fund your account. IC Markets accepts bank transfers, credit/debit cards, PayPal, Skrill, and Neteller.

 

How to Open an IC Markets Account

 

IC Markets Trading Platforms

 

IC Markets offers traders a choice between these trading platforms:

 

  • ✅ MetaTrader 4
  • ✅ MetaTrader 5
  • ✅ cTrader

 

 

IC Markets MetaTrader 4

 

MT4 is a popular choice among Forex traders due to its user-friendly interface. The NY4 & LD5 IBX Equinix Data Centres in New York and London provide ultra-low latency and exceptionally fast order execution, distinguishing IC Markets’ MT4 offering.

As a result, it is ideal for high-frequency traders and those who employ algorithmic trading strategies. The platform also supports the Raw Trader Plus rebate program, allowing traders to earn rebates based on their trading volume.

MT4 comes with several indicators and charting tools pre-installed, but traders can also install custom indicators and EAs for more personalized trading.

 

IC Markets MetaTrader 4

 

IC Markets MetaTrader 5

 

MetaTrader 5 includes new features such as more timeframes, technical indicators, and an economic calendar. The MT5 platform from IC Markets is especially useful for traders looking to diversify their portfolio beyond Forex, as it also supports trading in commodities, indices, and stocks.

MT5, like MT4, benefits from IC Markets’ low-latency trading infrastructure and participates in the Raw Trader Plus rebate program. The platform is intended to provide advanced trading capabilities and is ideal for traders seeking a multi-asset trading environment.

 

IC Markets MetaTrader 5

 

IC Markets cTrader

 

cTrader is another IC Markets platform that caters to the needs of more advanced traders. Its modern interface and advanced charting tools provide a more intuitive and interactive trading experience.

Level II pricing, which provides greater market depth and visibility, is one of the standout features of IC Markets’ cTrader. This is especially useful for traders who use more complex strategies, such as scalping.

The platform also includes detachable charts and automated trading via cAlgo, making it a versatile option for those needing a high customization level. Volume-based Rebate tiers on the cTrader platform must be requested directly from IC Markets, as they may differ from those on the MT4 and MT5 platforms.

 

 

Are there any platform fees for using IC Markets’ trading platforms?

No additional fees exist for using IC Markets’ trading platforms.

 

Can I access historical data for backtesting on IC Markets’ platforms?

Yes, IC Markets makes historical data available for backtesting trading strategies on their platforms.

 

 

IC Markets cTrader

 

Which Markets Can You Trade with IC Markets?

 

Traders can expect the following range of markets from IC Markets:

 

  • ✅ Forex
  • ✅ Commodities
  • ✅ Indices
  • ✅ Bonds
  • ✅ Cryptocurrencies
  • ✅ Stocks
  • ✅ Futures

 

 

Financial Instruments and Leverage offered by IC Markets

 

🔎 Instrument🅰️ Number of Assets Offered🅱️ Max Leverage Offered
📈 Forex641:500
📉 Commodities221:100
📊 Indices251:200
↪️ Stocks1,6001:20
🪙 Cryptocurrency181:5
➡️ Futures41:200
🟦 Bonds111:200

 

 

Can I trade cryptocurrencies with IC Markets?

Yes, IC Markets allows you to trade cryptocurrencies against fiat currencies.

 

Are there any market access restrictions at IC Markets?

While IC Markets provides broad market access, some restrictions may apply due to regulatory reasons based on the trader’s country of residence.

 

Does IC Markets offer leverage on cryptocurrency trading?

Yes, subject to certain conditions and regulatory guidelines, IC Markets offers leverage on cryptocurrency CFDs.

 

What are the risks associated with using high leverage with IC Markets?

Because high leverage can magnify both profits and losses, it is critical to use it with caution and risk management at IC Markets.

 

Which Markets Can You Trade with IC Markets

 

IC Markets Trading and Non-Trading Fees

 

Spreads

 

IC Markets provides variable spreads, and the fees will vary based on the kind of account used, the financial instrument being traded, and the market conditions on the day the transaction is conducted.  The following is a summary of the usual spreads investors should expect to encounter while trading EUR/USD:

 

  • ✅ cTrader Account – 0.0 pips
  • ✅ Raw Spread Account – 0.0 pips
  • ✅ Standard Account – 0.6 pips

 

 

Commissions

 

IC Markets compels clients with zero-spread accounts to pay commissions to cover the broker’s charge for facilitating the deal. The following is a list of the fees that IC Markets will charge retail traders for live trading accounts:

 

  • ✅ cTrader Account – $3 per side and $6 per round turn
  • ✅ Raw Spread Account – $3.5 per side and $7 per round turn

 

 

IC Markets also imposes commissions on Islamic accounts to compensate for the lack of overnight fees. These fees, which are withdrawn from the account balance, might vary from $5 to $80.

 

Overnight Fees, Rollovers, or Swaps

 

In derivatives trading, the interest added to or subtracted from a deal overnight to keep it open is known as a swap rate or rollover. When evaluating whether a currency pair is long or short, the changes in overnight interest rates between two currencies are considered.  Swaps will be implemented if positions are held until the following forex trading day. As a result, some financial instruments can have negative swap rates on both sides of the transaction.

 

Typical overnight fees levied by IC Markets include the following:

 

  • ✅ EUR/USD – a long swap of 3.9 pips and a short swap of 0.75 pips.
  • ✅ GBP/USD – a long swap of -1.82 pips and a short swap of -3.91 pips.
  • ✅ USD/JPY – a long swap of 1.75 pips and a short swap of -4.6 pips.
  • ✅ XAU/USD – a long swap of -3.5 pips and a short swap of -0.8 pips.
  • ✅ XAG/USD – a long swap of -0.98 pips and a short swap of -0.2 pips.

 

 

The value of a swap is established in points, and the trading platform will convert these points to the account’s base currency immediately.

 

Currency Conversion Fees

 

IC Markets does not impose non-trading fees, although currency conversion fees may apply if traders deposit in a currency other than AUD, USD, EUR, CAD, GBP, SGD, NZD, JPY, HKD, or CHF.

These are the basic account currencies, and all other deposits and withdrawals incur a conversion fee.

 

 

Are there withdrawal or deposit fees at IC Markets?

No, IC Markets does not charge additional fees for deposits or withdrawals, though payment providers may charge their own.

 

What non-trading fees should I be aware of at IC Markets?

While IC Markets strives to keep non-trading fees to a minimum, it is important to consider potential charges for services such as VPS or advanced trading tools.

 

IC Markets Trading and Non-Trading Fees

 

Calculating Forex Trading Rebates with IC Markets

 

Calculating Forex trading rebates with IC Markets requires understanding the rebate program’s tiered structure based on the volume of trades executed in a calendar month.  Once the volume criteria are met, the rebates are automatically and daily credited to the trader’s account, with the amount of rebate per lot traded increasing as the trader moves up the tiers.

Consider a trader who has participated in the Raw Trader Plus program. If this trader closes 100 standard lots in Forex or metals in a month, they will be placed in Tier 1 of the rebate program.

At this level, they receive a $1.50 rebate per lot. As a result, the trader would receive a total rebate of $150 for 100 lots (100 lots x $1.50 per lot). Because this rebate is credited daily, each day’s trading volume that meets the criteria contributes to the monthly rebate total.

If a trader’s volume exceeds 1,000 closed lots, they will be moved to Tier 2, where the rebate per lot will be $2.25.

If they close 1,500 lots in a month, the first 1,000 lots will result in a $2,250 rebate (1,000 lots x $2.25 per lot), and the remaining 500 lots will continue to accrue rebates at the same rate, adding $1,125 to the rebate total. As a result, the trader would receive $3,375 in rebates for that month if he traded 1,500 lots.

Tier 3 provides a $2.50 per lot rebate for traders who close more than 2,000 lots. If a trader achieves this level and trades 2,500 lots, the rebate is $6,250 (2,500 lots x $2.50 per lot). The tier system is intended to incentivize and reward traders who bring higher volumes to the market.

It is important to note that these rebates are not just a one-time benefit but a long-term incentive for trading. The trader will continue to receive rebates if they maintain the required volume.

This can significantly reduce overall trading costs and increase profitability over time, particularly for active traders who consistently meet volume requirements.

 

 

What is the rebate amount per lot at IC Markets for different tiers?

Tier 1 rebates at IC Markets begin at $1.50 per lot, rise to $2.25 per lot, and end at $2.50 per lot, with the tier level determined by the monthly volume of closed lots.

 

When are the rebates credited to my IC Markets account?

Once the volume criteria for the rebate program are met, IC Markets credits rebates to your account automatically and daily.

 

Calculating Forex Trading Rebates with IC Markets

 

IC Markets Deposits and Withdrawals

 

IC Markets offers the following deposit and withdrawal methods:

 

  • ✅ Credit Card
  • ✅ Debit Card
  • ✅ PayPal
  • ✅ Neteller
  • ✅ Neteller VIP
  • ✅ Skrill
  • ✅ UnionPay
  • ✅ Bank Wire Transfer
  • ✅ Bpay
  • ✅ FasaPay

 

 

and many more.

 

 

How to Deposit Funds with IC Markets

 

To deposit funds to an account with IC Markets, traders can follow these steps:

 

  • ✅ Log in to your secure client area at IC Markets.
  • ✅ Select ‘Deposit Funds’ from the ‘Funds’ section.
  • ✅ Select your preferred deposit method from the list of options.
  • ✅ Enter the amount you want to deposit and any required payment information.
  • ✅ Confirm the transaction and, if necessary, provide any additional authentication requested by your payment provider.

 

 

The funds will be credited to your trading account almost immediately when you deposit successfully.

 

 

IC Markets Fund Withdrawal Process

 

To withdraw funds from an account with IC Markets, traders can follow these steps:

 

  • ✅ Visit the IC Markets website to gain access to your secure client area.
  • ✅ Select the ‘Funds’ tab and then the ‘Withdraw Funds’ button.
  • ✅ Select the withdrawal method that corresponds to your deposit method or your preference.
  • ✅ Enter the amount of money or rebates you want to withdraw.
  • ✅ Fill in any withdrawal method-specific information, such as bank account or e-wallet information.
  • ✅ Send in your withdrawal request. IC Markets will process it within 24 hours.
  • ✅ Wait for the funds to arrive in the account of your choice. The withdrawal method will determine the time frame, with e-wallets typically being the quickest and bank wires taking several business days.

 

 

If you are withdrawing for the first time, or if prompted, provide IC Markets with any necessary verification documents to complete the withdrawal process.

 

 

How long does it take to process a rebate withdrawal at IC Markets?

Withdrawal requests are processed within 24 hours by IC Markets, but the time it takes for funds to arrive depends on the withdrawal method.

 

What should I do if my rebate withdrawal at IC Markets is delayed?

If your rebate withdrawal is being held up, please contact IC Markets’ 24/7 customer service for assistance.

 

IC Markets Deposits and Withdrawals

 

IC Markets Education and Research

 

Education

 

IC Markets offers the following Educational Materials:

 

  • ✅ Trading Knowledge
  • ✅ Advantages of Forex
  • ✅ Advantages of CFDs
  • ✅ Video Tutorials
  • ✅ Web TV
  • ✅ Webinars
  • ✅ Podcasts
  • ✅ Getting Started (includes 10 lessons)

 

 

Research

 

IC Markets offers traders the following Research and Trading Tools:

 

  • ✅ Economic Calendar
  • ✅ Market Analysis Blog
  • ✅ Forex Calculators
  • ✅ Forex Glossary

 

 

IC Markets Education and Research

 

How to open an Affiliate Account with IC Markets

 

To register an Affiliate Account with IC Markets, traders can follow these steps:

 

  • ✅ Visit the Affiliates section of the IC Markets website.
  • ✅ Read the terms and conditions of the affiliate program and then click the “Apply Now” button.
  • ✅ Complete the application form online with your personal contact information and information on your website or social media platform.
  • ✅ Upload any relevant papers for verification, including evidence of identity and website ownership.
  • ✅ Review and accept the affiliate program’s terms and conditions.
  • ✅ You must wait until the IC Markets affiliate team reviews your application and notifies you of their decision.

 

 

If your application is accepted, you will get an email with information on entering the affiliate dashboard and marketing IC Markets to your audience.

 

 

IC Markets Affiliate Program Features

 

To qualify for the IC Markets affiliate program, the following requirements must be met:

 

  • ✅ The minimum age is eighteen years old.
  • ✅ You must have a relevant and engaged audience on your website or social media platform.
  • ✅ You must agree to adhere to the affiliate program’s terms and conditions, including the marketing and compliance requirements.
  • ✅ You are prohibited from engaging in fraudulent or misleading tactics, spamming, and other unethical marketing techniques.

 

 

You can earn money by recommending new customers to the broker and advertising its goods and services by becoming an affiliate of IC Markets.  Furthermore, you will have access to various marketing tools and resources, including banners, landing pages, and tracking links, to assist you in promoting IC Markets to your audience. Lastly, you will have a dedicated affiliate manager to help you and answer any queries.

 

How to open an Affiliate Account with IC Markets

 

IC Markets Customer Support

 

IC Markets has several support options, including email, phone, and live chat. In addition, you may contact IC Markets’ customer care with any inquiries or concerns about your account, trading platform, or any other part of the broker’s services.  To contact IC Markets’ customer service, you may take the following steps:

 

  • ✅ Visit the website of IC Markets and click on the “Contact Us” link.
  • ✅ Choose the assistance you need (such as account, trading, or technical) and the most convenient contact method.
  • ✅ Provide your contact information, including your name, email address, and telephone number.
  • ✅ Specify your concern or question and, if necessary, include any relevant papers or screenshots.
  • ✅ Submit the request and wait to be contacted by a customer service agent.

 

 

IC Markets can be contacted 24 hours a day, seven days a week, to help you with any concerns or inquiries. Furthermore, you can anticipate a timely and competent answer to your concerns.

 

 

What customer support options does IC Markets offer?

IC Markets provides live chat, email, and phone support 24 hours a day, seven days a week.

 

Can I contact IC Markets customer support for account-specific questions?

Yes, customer service at IC Markets is available to help with account-specific questions and concerns.

 

 

IC Markets Customer Support

 

IC Markets Corporate Social Responsibility

 

Corporate social responsibility (CSR) refers to a company’s attempts to be accountable for its socially and ecologically responsible activities and effects.  As a major worldwide forex and CFD broker, IC Markets is dedicated to doing business responsibly and sustainably and contributing to its stakeholders’ well-being, including its customers, workers, shareholders, and the broader community.

 

IC Markets Corporate Social Responsibility

 

Legal and Tax Implications – Understanding Forex Trading Rebates with IC Markets

 

When dealing with Forex trading rebates, such as those provided by IC Markets, knowing the potential legal and tax implications is critical. These consequences can differ depending on the jurisdiction in which the trader resides.

 

Legal Implications

 

  • ✅ Traders should thoroughly review the rebate program’s terms and conditions to understand their rights and obligations.
  • ✅ Ensure that your participation in the rebate program is per local financial regulations and trading laws.
  • ✅ Be aware of any consumer protection laws that may apply to financial transactions and services in your jurisdiction.

 

 

Tax Implications

 

  • ✅ Trading rebates may be taxable income in many jurisdictions and must be reported on tax returns.
  • ✅ Traders must keep accurate records of their trading activity and rebates for tax reporting purposes.
  • ✅ Depending on the country, taxes may be withheld at the source from rebates, and traders may be required to claim these amounts in their tax returns.
  • ✅ Trading expenses, including losses, may be deductible, and it’s critical to understand how rebates affect net gains and losses.
  • ✅ If a trader works with brokers in other countries, they should be aware of any international tax treaties that may affect how rebates are taxed.

 

 

IC Markets Specific Terms

 

  • ✅ Traders must ensure that they are per IC Markets’ rebate policies, which may include specific clauses relating to legal and tax obligations.
  • ✅ Because IC Markets operates in multiple jurisdictions, rebates’ legal and tax implications may differ from region to region.

 

 

Do I need to report Forex rebates from IC Markets on my tax return?

Yes, you should report Forex rebates because they may be considered taxable income depending on your country’s tax laws.

 

Can IC Markets provide legal or tax advice regarding my Forex rebates?

No, IC Markets cannot provide legal or tax advice; you should seek advice from a legal or tax professional.

 

 

Legal and Tax Implications - Understanding Forex Trading Rebates with IC Markets

 

Risks and Limitations of Forex Trading Rebates at IC Markets

 

Forex trading rebates, such as those provided by IC Markets, can help traders reduce their trading costs. However, there are several risks and limitations to consider:

 

  • ✅ Traders may unnecessarily increase their risk exposure to meet the volume thresholds required for higher rebates, potentially resulting in significant losses.
  • ✅ Rebate programs are typically tied to specific account types, each with different cost structures that may affect overall profitability.
  • ✅ Maintaining a certain trading volume to qualify for rebates may compel traders to continue trading despite unfavorable market conditions.
  • ✅ Rebates may be taxed as income, and failure to properly report them may result in tax liabilities.
  • ✅ Withdrawing rebates from trading accounts may be subject to restrictions or conditions, such as minimum amounts or fees.
  • ✅ The incentive to earn rebates may encourage traders to overtrade, causing them to make decisions inconsistent with their trading strategies.
  • ✅ Eligibility for rebates may be restricted by factors such as account type, trading volume, or geographic location, which may preclude some traders from participating in the program.
  • ✅ The psychological impact of rebates may lead to complacency or misaligned incentives, where the emphasis shifts from trade quality to quantity for the sake of rebates.
  • ✅ Technical issues in calculating or crediting rebates may arise, resulting in discrepancies and potential disputes.

 

 

Like any broker, IC Markets has the right to change the terms of its rebate program at any time, which may result in unexpected changes to the benefits traders receive.

 

 

Can my Forex rebates at IC Markets be revoked?

Yes, if there is evidence of abuse or manipulation of the rebate program, IC Markets reserves the right to revoke rebates.

 

How do negative balance protection policies at IC Markets affect my rebates?

Negative balance protection ensures that your losses do not exceed your account equity, but it does not affect your rebates.

 

 

Risks and Limitations of Forex Trading Rebates at IC Markets

 

Strategies to Maximize Rebates with IC Markets

 

  • ✅ Review your trading activities monthly or quarterly to determine whether you are meeting the volume requirements for your desired rebate tier. Make necessary changes to your trading strategy.
  • ✅ Please contact IC Markets’ customer service if you need clarification or specific strategies to maximize rebates. Their advice can help you optimize your trading for maximum rebates.
  • ✅ If you have not already, consider implementing automated trading strategies to increase your trading volume without requiring constant manual intervention.
  • ✅ Consider gradually increasing your trading volume to move up to a higher rebate tier. More trading volume means higher lot rebates, significantly increasing your savings.
  • ✅ While the rebates are primarily for Forex and metals, look for rebates on other assets in the terms and conditions. Diversifying your trades across various assets can assist you in meeting the volume requirements for higher rebates.

 

 

Does using a particular trading platform at IC Markets affect my rebate potential?

No, the trading platform IC Markets uses has no bearing on rebate potential; rebates are calculated based on trade volume regardless of platform.

 

Can I use algorithmic trading to maximize rebates at IC Markets?

Yes, at IC Markets, algorithmic trading can potentially increase trading frequency and volume, resulting in higher rebates.

 

 

Strategies to Maximize Rebates with IC Markets

 

IC Markets Alternatives

 

  • 🥇 OANDA is a worldwide forex and CFD broker that provides a variety of trading platforms and products, such as currency, indices, commodities, and cryptocurrencies. It is governed by the FCA in the United Kingdom and the CFTC in the United States.

 

 

  • 🥈 Pepperstone is an Australian forex and CFD broker offering a variety of trading platforms and assets, such as FX, indices, commodities, and cryptocurrencies. The ASIC in Australia and the FCA in the UK regulate it.

 

 

  • 🥉 XM is a worldwide forex and CFD broker that provides various trading products and platforms, such as the MetaTrader 4 and MetaTrader 5 platforms. Multiple authorities regulate it, including the FCA in the United Kingdom and the ASIC in Australia.

 

 

IC Markets Alternatives

 

IC Markets VPS Review

 

A VPS guarantees that you can operate your EAs in a problem-free environment without needing extra computer hardware, backup internet, or power supply.

IC Markets suggests VPS providers co-located inside Equinix data centers with direct cross-connects to trading servers in Equinix NY4. Furthermore, if your monthly trading volume surpasses 15 lots (round turn), IC Markets will sponsor a VPS subscription with one of the providers listed below.

 

  • ✅ net
  • ✅ Beeks FX VPS
  • ✅ New York City Servers (from $20 per month)

 

 

However, traders should note that only Forex and Metals trading volumes will contribute to the minimum volume requirement. If the minimum criterion is not satisfied for more than two consecutive months, the subscription will be automatically and immediately canceled.

 

IC Markets VPS Review

 

IC Markets Web Traffic Report

 

🌎 Global Rank20,951
🚩 Country Rank4,640
⬆️ Category Rank63
😊 Total Visits3.1 million
🅰️ Bounce Rate45.31%
🅱️ Pages per Visit3.71
⏰ Average Duration of Visit00:04:03
↪️ Total Visits in the last three monthsSeptember – 3 million

October – 3.1 million

November – 3.1 million

 

IC Markets Web Traffic Report

 

IC Markets vs. Other Notable Brokers

 

🔎 Broker🥇 IC Markets🥈 ACY Securities🥉 Alpari
🅰️ RegulationASIC, CySEC, FSA, SCBASIC, VFSCFSC
🅱️ Trading PlatformsMetaTrader 4

MetaTrader 5

cTrader
MetaTrader 4

MetaTrader 5
MetaTrader 4

MetaTrader 5

Alpari Mobile App
💴 Withdrawal FeeNone✅ Yes✅ Yes
📌 Demo Account✅ Yes✅ Yes✅ Yes
📍 Min Deposit$200$50$5
📈 Leverage1:5001:5001:1000
📉 SpreadFrom 0.0 pipsVariable, 0.0 pipsFrom 0.4 pips
💶 CommissionsFrom $3 to $3.5From $5$1.5
⛔ Margin Call/Stop-Out100%/50%100%/50%60% to 120%
30% to 100%
💻 Order ExecutionMarketSTPInstant and Market
🎁 No-Deposit BonusNoneNoneNone
🪙 Cent AccountsNoneNoneNone
☪️ Islamic Account✅ Yes✅ Yes✅ Yes

 

IC Markets vs. Other Notable Brokers

 

IC Markets Pros and Cons

 

✅ Pros❎ Cons
MetaTrader 4, MetaTrader 5, and cTrader offer powerful tools and features for various trading strategiesWhile spreads are low, Raw Spread accounts have a commission per lot
Portfolio diversification is possible with Forex, commodities, indices, stocks, and bondsSome countries’ residents cannot use certain services and features due to regulations
The broker allows hedging, scalping, and EAs, giving traders choiceInfrequent traders may incur inactivity fees
IC Markets’ Raw Spread accounts start at 0.0 pipsFixed spread traders may be disappointed by IC Markets’ variable spreads
Beginners and experts can improve their trading skills with a wealth of educational materialsNew traders may find the many tools and features overwhelming

 

IC Markets Pros and Cons

 

IC Markets Customer Reviews

 

🥇 Excellent Support.

I have been using IC markets for a few years, beginning with a demo account and then to a Live account; they have always been extremely kind and patient with my needs. Regardless of the request size, they are constantly on the ball to fix any customer issue. – Stella Turner

 

 

🥈 Excellent Service.

I am a German trader who has worked with IC Markets since 2020. The service is excellent, and money is always made promptly. Their reaction time is usually immediate. I am certain that they are among the greatest brokers, and I am satisfied with their service. – Angelina Robles

 

 

🥉 Happy Client.

I am a South African trader who has worked with IC Markets since 2018. Their overall offer has been a fascinating one. They are always accessible when required. Their replies are usually immediate. I am certain that they are one of the greatest brokers in the world. I am satisfied with their service. – Jada Powers

 

 

IC Markets Customer Reviews

 

Recommendation for Improving IC Markets Cashback Rebates

 

IC Markets currently only offers rebates on Forex, indices, cryptocurrencies, and precious metals. However, several financial instruments form part of its offer. IC Markets could benefit from offering rebates on other instruments, such as shares and cryptocurrencies. Furthermore:

 

  • ✅ Introduce promotional periods with enhanced rebates to encourage trading during market events or times of the year.
  • ✅ Consider integrating a feature that allows a portion of rebates to be automatically donated to a charity of the trader’s choosing, per corporate social responsibility objectives.
  • ✅ Introduce additional tiers with lower incremental volume requirements to accommodate a wider range of traders, not just high-volume traders.
  • ✅ Offer traders who manage multiple accounts a rebate that considers the combined volume of all their accounts.
  • ✅ Permit unused rebates to be carried over for a specified period, giving traders greater flexibility over when and how they use them.
  • ✅ Include various CFDs, cryptocurrencies, and other assets among the instruments that qualify for rebates.
  • ✅ Introduce loyalty bonuses that increase the rebate percentage based on a participant’s program participation duration.
  • ✅ Provide detailed examples and scenarios on the website to help traders comprehend how rebates are calculated and applied precisely.
  • ✅ Offer instructional content on effectively incorporating rebates into trading strategies without encouraging overtrading.
  • ✅ Combine the rebate program with improved risk management tools to assist traders in maintaining a balanced trading approach.
  • ✅ Permit traders to select how they receive their rebates, including trading credits, cash, or contributions to a loyalty program.

 

 

Our Review Methodology:   For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker.  This evaluation comprises positives, disadvantages, and an overall score based on our findings. We want to assist you in locating the ideal broker for your requirements.  Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.

 

 

Addendum/Disclosure:  No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.

 

 

Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all investors. Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.

 

 

Our Verdict on IC Markets

 

According to our findings, the rebate program offered by IC Markets is a compelling proposition for active traders seeking to reduce costs and improve their trading experience.

Furthermore, the rebates’ tiered structure rewards higher trading volumes with greater returns, which can be particularly advantageous for frequent traders. The daily automatic refund of rebates is a convenient feature that expedites the receipt of benefits and eliminates the need for manual claims.

However, we urge traders to approach such incentives strategically. The allure of rebates should not overshadow trading’s fundamental principles. Important factors include discipline, risk management, and adherence to a well-crafted trading plan.

Therefore, the rebates should be viewed as a bonus to ethical business practices, not as the main objective.

The program’s eligibility requirements and the requirement to maintain a minimum level of trading activity to maintain membership foster consistency in trading.

Yet, this should not lead to overtrading or taking unnecessary risks to meet volume thresholds. Each transaction should be justified based on its merits and the trader’s overall investment strategy.

Overall, we can conclude that IC Markets is renowned for its stringent regulatory framework and transparent trading environment, which extends to its rebate program. The safety measures in place assure traders that their interests are protected.

 

 

Frequently Asked Questions

 

What are forex trading rebates?

Forex trading rebates are a type of cashback that traders get from their broker based on how many trades they make.

 

How do forex trading rebates work with IC Markets?

Rebates are volume-based at IC Markets and are automatically credited to the trader’s account once the required trading volume is met.

 

Are forex trading rebates taxable?

Yes, many jurisdictions consider forex trading commissions taxable income, and traders must report them per local tax laws.

 

What is Raw Trader Plus?

IC Markets’ Raw Trader Plus program offers trading commission rebates to members who meet certain trading volume requirements.

 

Are there any limitations or restrictions on using forex trading rebates?

Yes, rebates may be subject to limitations or restrictions, such as minimum trading volumes, account types, or eligibility criteria.

 

Are there any requirements to be eligible for forex trading rebates with IC Markets?

To qualify for forex trading rebates from IC Markets, traders must meet certain volume thresholds and maintain activity for a set period.

 

What are the benefits of Raw Trader Plus?

In addition to trading commission rebates, Raw Trader Plus members have access to VPS hosting and dedicated client support.

 

Can I combine forex trading rebates with other promotions or bonuses IC Markets offers?

It is subject to the specific terms and conditions of IC Markets promotions.

 

What are the trading volume requirements for Raw Trader Plus?

To keep their Raw Trader Plus membership, traders must meet the trading volume requirements over three months. The requirements differ according to the tier.

 

How are forex trading rebates credited to my account with IC Markets?

Rebates at IC Markets are credited to the trader’s account automatically and daily in the same currency as the account’s base currency.

 

How can I sign up for forex trading rebates with IC Markets?

To sign up for forex trading rebates with IC Markets, email [email protected] for membership information.

 

How can I track and monitor my forex trading rebates with IC Markets?

Traders can track and monitor their forex trading rebates using IC Markets’ trading account dashboard.

 

Are there any other benefits to signing up for IC Markets rebates?

Yes, enrolling in IC Markets rebates can result in lower transaction costs and an increased win ratio, making trading via a rebate provider more profitable than opening an account directly with the broker.

 

How much can I earn through forex trading rebates with IC Markets?

Forex trading rebates from IC Markets depend on trading volume and tier level. If you trade 150 lots of FX assets in a month, you could earn $225 based on their first-tier rebate of $1.50 per lot. Higher tiers offer more lot rebates.

 

Does using a rebate provider increase spreads?

No, using a rebate provider should not cause spreads to increase. Indeed, spreads should remain constant or fall, making trading through a rebate provider more profitable than opening an account directly with the broker.