Glossary

IC Markets is regulated by ASIC in Australia and holds a financial services licence 335692.

IC Markets complies with ASIC capital adequacy requirements and conducts ongoing compliance audits of internal procedures and risk management.

IC Markets holds client money in Segregated Client Trust Accounts at Westpac Banking Corporation and National Australia Bank (NAB). Both banks are AA rated Australian banks.

IC Markets allows clients to open a MetaTrader4 Standard or True ECN account with as little as USD $200 or currency equivalent.
Our cTrader account requires a minimum deposit of $1,000 USD or currency equivalent.

IC Markets offer flexible leverage options ranging from 1:1 to 1:500. You can change the leverage on your trading account by completing our change of leverage request form.

IC Markets encourage scalping and hedging. Our spreads and trading conditions are the preferred choice of many day traders and scalpers globally.

Opening an account is simple. Click on the Open a Live Account link and complete your application form. Once your on-line application form has been approved by our accounts team you will be emailed your trading account login details and password.

Both Demo and Live accounts have the same price feed, however it is not possible to replicate a real trading environment on a Demo account due to technical limitations. Trades placed on demo accounts are not passed into the real market and therefore their execution will not directly comparable to trades placed on a Live account. Demo trading accounts are designed to allow traders to become familiar with the trading platform itself and will never be able to provide an identical trading experience to a Live account.

Documents require to open an account:
Under the Australian Anti-Money Laundering and Counter Terrorism Financing Act 2006 IC Markets is required to verify your identity client before opening they open a trading account.
Identification must be provided in the form of photo ID and proof of address to verify your identity.

Photo ID:
Must be clear and visible
Must be issued by a government agency
Name, Signature and Expiry Date must be clear

Proof of Address:
Must not be older than 3 months
Must show the same name and address as your account application