Question: What's the spread cost & commission of ICMarkets?
IC Markets Global offers a comprehensive suite of trading options through its diverse account types, specifically designed to accommodate the needs of different traders.
From novice individuals to seasoned professionals, the platform provides a suitable trading environment equipped with a range of technical infrastructures.
Account Types at IC Markets Global
IC Markets Global features several account types, each tailored to specific trading strategies and platforms, namely the Raw Spread and Standard accounts across cTrader and MetaTrader platforms.
This variety ensures that all traders can find a setup that best suits their trading style.
Get ICMarkets’ Account Opening Bonus
Raw Spread Accounts
The Raw Spread accounts on both cTrader and MetaTrader platforms are popular for their low spread costs starting from 0.0 pips.
IC Markets Global leverages its connections with over 25 top-tier financial institutions to offer deep liquidity and competitive pricing, beneficial for scalping and using automated trading systems.
- cTrader:
- $3.0 per $100k traded
- MetaTrader:
- $3.5 per lot per side
These accounts are especially advantageous for day traders and those employing high-frequency trading strategies due to the minimal pricing costs and advanced technical setup.
Standard Account
The Standard Account on MetaTrader is designed for traders who prefer a simple trading fee structure.
It features no commissions, with spreads starting from 0.8 pips.
This account is suitable for traders who prefer longer-term trading strategies that do not require micro-managing of trade positions.
Technology and Execution Speeds
IC Markets Global hosts its servers in the Equinix data centers in New York (NY4) and London (LD5), providing traders with ultra-low latency and the ability to execute orders at the speed of light.
These centers are vital for reducing order execution times, crucial for strategies that rely on quick market entries and exits.
Leverage and Trading Conditions
IC Markets offers leverage up to 1:1000, providing traders with the potential to generate significant returns on their investments.
Moreover, the trading conditions include no restrictions on trading styles, allowing for scalping, hedging, and the use of Expert Advisors (EAs).
Why Choose IC Markets Global’s Raw Spread Account?
- Optimal for Automated Trading: The combination of minimal spreads and robust server technology makes the Raw Spread accounts ideal for automated trading solutions.
- Transparency and Reliability: Prices come directly from over 25 liquidity providers, ensuring that traders always receive the best available rates without manipulation.
- Support for All Trading Strategies: IC Markets Global does not impose restrictions on most trading strategies, giving traders the freedom to execute their trading plans without limitations.
The spread costs and commission rates offered by IC Markets Global are structured to provide affordability and flexibility across its various account types.
By maintaining relationships with numerous liquidity providers, IC Markets ensures that its pricing is among the most competitive in the market, catering to a wide array of trading activities and preferences.
This strategic approach positions IC Markets as a preferred choice for traders looking to maximize their trading potential in a cost-effective and efficient trading environment.