|Account Type||Standard||Raw Spread||cTrader Raw Spread|
|Rebate rate||0.3pips direct spread reduction||$1.50 direct commission discount / 21.5% commission discount||8% commission discount|
|Rebate option||Direct spread reduction||Direct commission discount||Direct commission discount|
|Original commission rate||No commission||$7 per rt lot (USD7, AUD7, EUR5.50, GBP5, SGD9)||$6 per rt lot ($6 of base ccy, i.e. EUR6 for EURUSD)|
|Commission after discount||No commission|
$5.5 per rt lot (USD5.5, AUD5.5, EUR4.3, GBP3.7, SGD7)
*Discount not eligible for Australian residents
$5.5 per rt lot ($5.5 of base ccy, ie EUR5.5 for EURUSD)
*Discount not eligible for Australian Residents
|Spreads||From 1.0pips||From 0.0pips||From 0.0pips|
|Spreads after direct reduction|
*Reduction not available for Australian residents
|From 0.0pips||From 0.0pips|
|Min trade size||0.01|
|Min distance pending orders||None|
|Regulation||ASIC, CYSEC, Seychelles FSA|
|Open account with above discount/spread reduction|
Select ‘Standard/ Raw Spread/ cTrader’ account when opening a live account
Input our partner ID ‘1441’, and answer YES, when asked “Were you referred by an Introducing Broker?” and the above discount/spread reduction will be automatically applied to your account.
*Australian residents not eligible for discounts/spread reduction due to regulatory restrictions
If you have an existing account and want to receive the commission discount, please email [email protected] with your account number and request a transfer to IB number 1441.
- In your email, include a request for them to apply a $1.50 commission discount (8% discount for cTrader) to your account
- They will reply once this is completed, and you can start enjoying the discount!
Your spreads and trading conditions remain exactly the same – There is no spread mark up to provide you this service.
The IC Markets account is useful if you are a scalper, because they offer the best spreads overall in the industry. Other brokers don’t have such good spreads
Frequently Asked Questions
IC markets rebates gives you a direct commission discount/ spread reduction on all your trades, allowing immediate commission savings and increased profitability.
If the discount is $1.50 per round turn lot, and you trade 100 lots, you will pay $150 less commission than another trader not using IC Markets rebates.
No. Absolutely not. Only you have access to such information. We only receive compensation for referring you.
You will receive a commission discount/rebate no matter whether your trades are profitable or not. There is no disadvantage to you.
Questions about IC Markets Rebates?
See the commission discount in action!
For SGD accounts, IC Markets charges 9 SGD (7 USD) per rt lot before discount, after discount, 7 SGD (5.5 USD), a 22% discount, or a $1.50 commission discount.
What to expect when opening an IC Markets account? (4 steps)
Please declare your trading experience and accept the terms and conditions. You will then be asked to upload your proof of address and identity. Once uploaded, your account will be opened within 24 hours with the commission discount automatically applied.
What to expect (if you have an existing account): Email [email protected] and request a transfer of your account to our IB number 1441. In your email, include a request to apply a $1.50 commission discount (or 8% for cTrader) to your account. They will reply once it is completed. Once this is done, the discount will be applied to your account, and you can start enjoying it!
- We can always assist with the account opening or transfer through live chat via Facebook message or email [email protected].
Don’t wait! The faster you sign up, the more you save!
Leave us a review in the comments section below if you have benefited from this rebate!
Live spread comparison
Typical EURUSD spreads are 0.0 to 0.3 pips
Currency pairs and CFDs
They have an extensive selection of instruments – 77 currency pairs and CFDs, including index futures (SPX, DOW, Hang Seng, Nikkei, ASX) and commodities (WTI, Brent, Gold).
Stop level, leverage, and min trade size.
They have zero stop level and offer 500:1 leverage with 0.01 min trade size.
Trade server location & Execution speed from VPS
Their trading servers are located at NY4 (New York), and co-location is possible from a New York-based VPS from CNS (Commercial Network Services) or Beeks. Both are within the same data centre as IC Market’s trading servers and have direct cross-connects.
Ping latency from a New York-based VPS for CNS and Beeks is <1ms* — Execution speed from New York Beeks Gold VPS (below) is: ~125ms