|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)||$5.5 per rt lot ($5.5 of base ccy, ie EUR5.5 for EURUSD)|
|Spreads||From 1.0pips||From 0.0pips||From 0.0pips|
|Spreads after direct reduction||From 0.7pips||From 0.0pips||From 0.0pips|
|Min trade size||0.01||0.01||0.01|
|Min distance pending orders||None||None||None|
|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.
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
- Is this commission discount/rebate service 100% legitimate?
- Yes, Abundance Trading Group is an introducing broker (IB) of all brokers listed on our website, and our role is to introduce new clients to them. We do this by giving back to you part of our referral fee the directly to you in the form of a commission discount.
- Is your service free?
- Absolutely. You do not pay a single cent, and you are not at a disadvantage because we don’t mark up your spreads
- Do you mark up my spreads?
- No! We will never do that. Honesty and Integrity is a big part of Abundance Trading Group and we will not do anything to put our clients at a disadvantage. It would also be disadvantageous for us to do that because we would earn a bad reputation for ourselves and future clients would not come to us
- How do I sign up for the rebates or commission discount?
- If I sign up with you, will you have access to my trading account and trade information?
- No. Absolutely not. Only you have access to such information. We only receive compensation for referring you.
- Does it matter if my trades are profitable or not?
- 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 applied to your account and you can start enjoying it!
- We are always available to assist with the account opening or account transfer through live chat via facebook message or email [email protected]. You will be speaking with Linton
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 extremely wide selection of instruments – A total of 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 located within the same data centre as IC Market’s trading servers and have direct cross connects to it.
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