IC Markets
Partner ID: 94035 Trust Score: 87/100IC Markets, now branded IC, offers forex and CFD trading on MetaTrader 4, MetaTrader 5, cTrader and TradingView with three account types: Raw Spread on MetaTrader with spreads from 0.0 pips and $3.50 per-lot-per-side commission, Raw Spread on cTrader at $3.0 per $100k, and Standard with spreads from 0.8 pips commission-free. All carry a $200 minimum deposit and leverage up to 1:500 per the broker's account table. Global clients, including clients from Asia and Africa, trade with Raw Trading Ltd, which is licensed by the Financial Services Authority of Seychelles (SD018), and it is headquartered in Eden Island, Mahe. The group has historically held ASIC (335692) and CySEC (362/18) licences, though its current regulation page discloses only the Seychelles entity. Founded 2007 in Sydney. Terms last verified against IC Markets' own pages on 5 October 2026.
Data last verified Oct 09, 2026
Earn Upto 90% Rebate Share
Register with IC Markets through our referral link and receive 90% of the trading rebates directly to your account. No hidden fees, instant profit sharing on every trade.
Get your share of rebates quickly with regular payouts
Receive up to 90% of all trading rebates automatically
Rebates are credited as soon as they're received from the broker
Track your rebates and earnings in real-time
Calculate Your Potential Earnings
Use our rebate calculator to estimate your potential earnings. Choose your preferred trading account, instruments, and trading volume to see how much you could earn in rebates.
Available Account Types
Compare rebate rates for different account types
Raw Spread (ECN) MT4/MT5
raw- Min Deposit: $200.00
- Commission: 3.5
- Monthly rebate payouts
Standard MT4/MT5
variable- Min Deposit: $200.00
- Commission: 0
- Monthly rebate payouts
cTrader
raw- Min Deposit: $200.00
- Commission: 3
- Monthly rebate payouts
General Information
Pros
- Raw spreads from 0.0 pips with $3.50 per-side commission on MetaTrader, per IC Markets' own account table.
- Commission-free Standard account with spreads from 0.8 pips.
- Leverage up to 1:500 with a $200 minimum deposit across all three account types.
- MetaTrader 4, MetaTrader 5, cTrader and TradingView supported.
- Regulated as a Securities Dealer by the Seychelles FSA, licence SD018.
Cons
- Global clients, including those in Asia and Africa, contract with Raw Trading Ltd in Seychelles; there is no investor compensation scheme for these accounts.
- The group's Australian and Cypriot licences are no longer disclosed on its own regulation page; only the Seychelles entity is named.
- $200 minimum deposit is high against micro-account brokers.
- Raw Trading Ltd does not serve residents of the US, Canada, New Zealand, Iran or North Korea.
Account Types Comparison
Compare all account features side-by-side
| Feature | Raw Spread (ECN) MT4/MT5 raw-spread-ecn-mt4mt5 | Standard MT4/MT5 standard-mt4mt5 | cTrader ctrader | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 📋 Account Basics | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Deposit | $200.00 | $200.00 | $200.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Maximum Leverage | 1:500.00 | 1:500.00 | 1:500.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Spread Type | raw | variable | raw | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Rebate Payout Frequency | Monthly | Monthly | Monthly | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 📊 Lot Sizes & Limits | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Lot Size | 0.0100 | 0.0100 | 0.0100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Maximum Lot Size | 100.0000 | 100.0000 | 100.0000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Lot Increment | 0.0100 | 0.0100 | 0.0100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Maximum Orders | — | — | — | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ⚠️ Margin & Risk Management | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Margin Call Level | 100.00% | 100.00% | 100.00% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stop Out Level | 50.00% | 50.00% | 50.00% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stop/Limit Orders | Enabled | Enabled | Enabled | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ⚡ Trading Features | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ECN / STP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Execution | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Instant Execution | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Scalping Allowed | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Hedging Allowed | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EA / Expert Advisors | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Copy Trading | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PAMM / MAM | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Islamic (Swap-Free) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Trading Platforms
Payment Methods
Deposit Methods
Withdrawal Methods
Trading Features
Trading
- Scalping Allowed
- Hedging Allowed
- Expert Advisors (EA)
- Copy Trading
- PAMM / MAM
- Negative Balance Protection
- Pending Orders
Account
- Demo Account
- Islamic Account (Swap-Free)
- Standard Accounts
- VIP / Premium Accounts
- Multi-Currency Account
Payment
- Instant Deposits
- Fast Withdrawals
- Credit Card Deposits
- Wire Transfer
- E-Wallets
- No Deposit Fees
- No Withdrawal Fees
Support
- 24/7 Customer Support
- Live Chat Support
- Phone Support
- Email Support
- Multi-Language Support
- Personal Account Manager
Education
- Educational Resources
- Trading Webinars
- Trading Tutorials
- Market Analysis
- Economic Calendar
- Trading Signals
Bonus
- Cashback / Rebates
Security
- Two-Factor Authentication (2FA)
- Segregated Accounts
- SSL Encryption
- Regulated Broker
- Investor Compensation Fund
Service & Support
Why Trade with IC Markets?
Raw Spread Pricing & Ultra-Low Spreads Experience true institutional-grade pricing with raw spreads starting as low as 0.0 pips on major currency pairs, sourced directly from over 25 top-tier liquidity providers.
Lightning-Fast Order Execution Trade with confidence using our ultra-low latency infrastructure. Orders are executed in under 40ms from servers co-located in the Equinix NY4 and LD5 data centers, making IC Markets ideal for scalpers and algorithmic traders.
Multi-Asset Market Access Gain exposure to over 2,000+ financial instruments across Forex, Indices, Commodities, Stocks, Bonds, Futures, and Cryptocurrencies all from a single trading interface.
Industry-Leading Platforms Choose from the world’s most advanced trading environments, including MetaTrader 4, MetaTrader 5, cTrader, and TradingView, supported by free VPS hosting options and advanced trading tools.
Strict Regulation & Funds Safety Trade securely with a broker authorized and regulated by global financial authorities (ASIC, CySEC, FSA). Client funds are kept strictly segregated in top-tier banks with negative balance protection.
Frequently Asked Questions
How much cashback can I earn on IC Markets, and which account pays the most?▾
Our highest published rate is on Standard MT4/MT5: $3.20 per lot on currencies, metals $3.20, crypto $0.14. Published currencies rates run $0.40–$3.20 per lot across rated accounts. Per-account rates (default per asset class, USD per lot): - Raw Spread (ECN) MT4/MT5: Currencies $1.50, Metals $1.60, Indices $0.70, Crypto $0.70 - Standard MT4/MT5: Currencies $3.20, Metals $3.20, Indices $0.14, Crypto $0.14 - cTrader: Currencies $0.40, Metals $0.40
How is the IC Markets cashback calculated?▾
Per lot you trade, at the rate for that asset class on your account. For example, EURUSD on Standard MT4/MT5 currently pays $3.20 per lot. Your total is eligible volume times the applicable rate — more volume at the same rate means proportionally more cashback. Use the rebate calculator on this page for your own volume. At 5 standard lots a week on Standard MT4/MT5, that works out to roughly $16.00 a week in cashback.
Does cashback change IC Markets spreads or commission?▾
No — cashback is paid out of the referral commission IC Markets pays us, so your trading conditions stay exactly as IC Markets sets them. Recorded commissions for reference: - Raw Spread (ECN) MT4/MT5: $3.50 recorded (per-side or round-turn basis not stored) - Standard MT4/MT5: no commission recorded - cTrader: $3.00 recorded (per-side or round-turn basis not stored)
Do I earn cashback when my IC Markets trade loses?▾
Yes — cashback accrues per eligible trade, win or lose. The only exceptions are trades that fail the eligibility conditions in the next answer.
Which IC Markets accounts or trades don't earn cashback?▾
Every account on this page carries a published rate. Beyond that, brokers typically set conditions such as a minimum trade duration, voiding rebates for churning (trading only to farm rebates), or restricting some countries/entities. The exact conditions in PaidRebate's arrangement with IC Markets are commercial terms, not public pages. One standing rule covers it all: cashback is a share of commission the broker actually pays us — where the broker pays nothing on volume, there is nothing to share.
When and how is my IC Markets cashback paid?▾
Monthly — every account on this page pays out monthly. Once paid out, withdraw any time your balance reaches the $50 minimum. You can watch it accrue trade by trade in your PaidRebate profile.
Is my money protected with IC Markets?▾
Our record lists IC Markets under: FSA Seychelles (SC). What protection that gives YOU depends on which entity your account opens under — regulators cover specific legal entities, not the brand worldwide, and offshore entities carry no investor compensation scheme.
How do I start earning cashback on IC Markets?▾
Register on PaidRebate, open your IC Markets account through the referral link on this page, then submit the broker account number in your PaidRebate profile so trades can be tracked to you. Trade normally — eligible trades accrue cashback you can withdraw once the balance reaches the $50 minimum.
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