When choosing a Forex broker, traders must consider all associated costs to maximize profitability and optimize their strategies. IC Markets is a well-known brokerage and is recognized for its competitive pricing structure. However, traders should also evaluate deposit, withdrawal, and inactivity fees beyond tight spreads and low commissions, as these costs can impact overall returns.
This guide provides a detailed breakdown of IC Markets fees 2025, covering deposit and withdrawal charges, inactivity fees, and account maintenance costs. Additionally, this comparison of IC Markets’ fees with those of other leading brokers helps traders make informed decisions about their trading costs. For a deeper understanding of Forex trading concepts, check out our comprehensive guide on Forex trading for beginners.
Overview of IC Markets’ fee structure in 2025
IC Markets is known for its transparent and cost-effective pricing, catering to traders of all levels. With a choice of cTrader, MetaTrader (MT4/MT5), and TradingView, IC Markets offers some of the lowest spreads and commissions in the industry. To learn more about its fee structure and account types, visit IC Markets Forex broker review.
IC Market broker fees and account types
IC Markets offers three main account types with competitive fee structures.
- The raw spread cTrader account operates on the cTrader and TradingView platforms. It features a commission of $3.0 per USD 100k traded and spreads starting from 0.0 pips.
- The raw spread account, available on MetaTrader 4 and 5, charges a commission of $3.50 per lot per side, also with spreads from 0.0 pips.
- The standard account, designed for traders who prefer a commission-free structure, runs on MetaTrader MT4/MT5 with spreads starting from 0.8 pips.
- The Islamic account allows traders to trade over 90 instruments with no swap/interest, 1:1000 leverage, and spreads from 0.0 pips on MetaTrader 4/5.
- No additional fees or commissions apply to CFD indices trading.
- Fund transfers between trading account are free of charge.
| Account types | Trading platforms | Commission (per lot per side) | Spreads from (pips) |
|---|---|---|---|
| Raw spread account (cTrader, TradingView) | cTrader, TradingView | $3.0 per USD 100k | 0.0 |
| Raw spread (MetaTrader) | MetaTrader (MT4/MT5) | $3.50 per lot per side | 0.0 |
| Standard (MetaTrader) | MetaTrader (MT4/MT5) | $0 | 0.8 |
IC Markets Global trading commissions by currency
For transfers to accounts in different currencies, a currency conversion rate applies and must be agreed upon before proceeding. IC Markets allows traders to hold their accounts in base currencies, including USD, EUR, GBP, AUD, NZD, JPY, CHF, SGD, CAD, and HKD.
| Currency | Commission (round turn) |
|---|---|
| AUD | 9 |
| USD | 7 |
| EUR | 6.5 |
| GBP | 5.5 |
| SGD | 9.5 |
| JPY | 1100 |
| CHF | 6.6 |
| NZD | 12 |
| HKD | 54.25 |
So, you should consider these commission rates when selecting their base currency, as it can impact overall trading costs.
Detailed analysis of deposit and withdrawal fees
IC Markets offers multiple funding and withdrawal methods with low fees and fast processing times. Understanding the associated costs and processing details is crucial for traders.
Deposit fees
- IC Markets Global does not charge any additional fees for deposits.
- However, intermediary bank fees may apply for international transfers, depending on the banking institution.
- Payments must come from a bank account or payment source in the trader’s name.
IC Markets withdrawal fees
- IC Markets Global does not charge withdrawal fees.
- International bank wire transfers may incur intermediary and beneficiary bank fees, which vary based on the receiving bank.
- A processing fee may be applied if deposited funds have not been used for trading before withdrawal.
- Some third-party payment providers such as Web Money and Fasapay may charge additional withdrawal fees.
IC Markets deposit and withdrawal methods
IC Markets Global allows clients to open an account with a minimum deposit of $200 or its equivalent in their chosen base currency. The broker provides a variety of deposit and withdrawal methods, including credit/debit card, to facilitate seamless transactions for traders worldwide.
The various funding methods and their processing times are given below in the table.
| Funding methods | Accepted currencies | Deposit processing time | Withdrawal processing time |
|---|---|---|---|
| Credit debit cards | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD | Instant | 3-5 business days (up to 10 in rare cases) |
| PayPal | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, HKD, CHF | Instant | Instant once processed |
| Neteller | USD, AUD, GBP, EUR, CAD, SGD, JPY | Instant | Instant once processed |
| Skrill | AUD, USD, JPY, EUR, SGD, GBP | Instant | Instant once processed |
| UnionPay | RMB | Instant | Not specified |
| Wire transfer | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, CHF | 2-5 business days | Up to 14 business days |
| B pay | AUD | 12 – 48 hours | 2-3 business days (domestic) |
| Broker to broker | AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, CHF, HKD | 2-5 business days | Not specified |
| Poli | AUD | Instant | 2-3 business days (domestic) |
| Thai internet banking | USD | 15 – 30 minutes | 1 business day (to Thai bank) |
| Rapid pay | EUR, GBP | Up to 2 business days | 3-5 business days via bank transfer |
| Klarna | EUR, GBP | Up to 2 business days | 3-5 business days via bank transfer |
| Vietnamese internet banking | USD | Instant | Requires bank statement for first withdrawal |
| Fasapay | Not specified | Not listed | 3-5 business days via bank transfer |
| Web Money | Not specified | Not listed | 3-5 business days via bank transfer (additional charges may apply) |
Understanding inactivity fees and account maintenance costs
Understanding IC Markets inactivity fee and account maintenance costs is essential for traders to manage their funds effectively. IC Markets Global provides a transparent fee structure, ensuring no hidden charges for inactive accounts or account maintenance.
- IC Markets Global does not charge inactivity fees, regardless of account activity.
- There are no account maintenance fees, even if the account remains unused for an extended period.
Comparing IC Markets’ fees with other brokers
When choosing a Forex brokers, understanding fees is crucial. This table compares the spreads, commissions, deposit/withdrawal charges, inactivity fees, and account maintenance costs for IC Markets, FP Markets, AvaTrade, and Pepperstone in 2025.
| Fee types | IC Markets | FP Markets | AvaTrade | Pepperstone |
|---|---|---|---|---|
| Commission (per lot per side) | Raw (cTrader, TradingView): $3.0 per $100k, raw (MT4/MT5): $3.50 per lot, standard-$0 | Standard: $3 per lot | No commission (costs built into spread) | Razor account: $3.50 per 100,000, standard- $0 |
| Spreads | Raw spread: 0.0 pips, standard: 0.8 pips | 0.0 pips | Standard: 0.9 pips | Varies by instruments |
| Deposit fees | No fees – Intermediary bank fees may apply | No fees – covers international banks fee up to $50 for deposits over $10,000) | $0 | $0 |
| Withdrawal fees | No fees – intermediary/bank fees may apply | Varies by method 1% to 5% | No fees | No fees – bank may charge intermediary fees |
| Inactivity fees | $0 | $0 | $10 per month after 3 months of inactivity | $0 |
| Account maintenance fees | $0 | $0 | $0 | $0 |
IC Markets, FP Markets, and Pepperstone have no inactivity or account maintenance fees, while AvaTrade charges $10 per month after three months of inactivity and a no annual fee. So, you should consider these costs alongside spreads and commissions to choose the most cost-effective broker for their needs.
IC Markets customer support
For questions about IC Markets’ trading fees, commissions, or account-related charges, or to enhance your trading experience, their dedicated customer support team is available 24/7 to assist you. You can reach out through the following methods.
- Live chat
- Phone support: +248 467 19 76 (International charges may apply)
- E-mail: support@icmarkets.com
Conclusion
IC Markets stands out for its transparent fee structure, featuring tight spreads, low commissions, and no inactivity or account maintenance charges. While deposits and withdrawals are generally free, traders should be aware of potential intermediary bank fees for international transfers.
Compared to FP Markets, AvaTrade, and Pepperstone, it provides lower trading costs and ultra-fast order execution, making it ideal for scalpers and algorithmic traders. While all these brokers offer a wide range of currency pairs, IC Markets stands out with raw spreads as low as 0.0 pips on EUR USD. However, traders with inactive periods should note that AvaTrade charges inactivity fees. Ultimately, choosing the right broker depends on trading style, strategy, and fee tolerance.
Pro Tip
Choose a broker based on both trading and non-trading fees to avoid hidden costs like inactivity or withdrawal charges. Empower your trading with our best Forex brokers. Learn to use the right tools and indicators for better decisions. Explore Stock CFDs Crypto, and Banking. Use our broker finder tool to compare and choose the best broker. Drop your comments below and subscribe now!
