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IC Markets fees, after the safety questions
Cost is the last thing to weigh when the question is whether your money is safe, so this page comes after the regulation page and reads in that light.
Regulation: ASIC (AFSL 335692); CySEC (362/18); Seychelles FSA (SD018); Bahamas SCB (SIA-F214); Kenya CMA (Licence 123). How IC Markets is regulated
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 the last thing to weigh here, and never the thing that should decide it.
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
Does IC Markets charge to deposit or withdraw?
Withdrawal fees: None; third-party/bank charges may apply.
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.
What does IC Markets charge to hold a position overnight?
Overnight financing at IC Markets is recorded as both: swaps charged; swap-free accounts available.
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