IC Markets Spreads & Commissions (2025) – Costs Explained
How much does trading with IC Markets cost? Understanding spreads and commissions is essential for managing trading expenses. However, with different account types and asset classes, trading costs can vary.
In this guide, we will break down IC Markets’ spreads, commissions, and additional fees. Furthermore, we will compare IC Markets with other top brokers, helping you determine if it offers the lowest trading costs.
What Are Spreads & Commissions in Forex Trading?
When trading forex or CFDs, costs come in the form of spreads and commissions. However, many traders do not fully understand how these fees impact their profits.
What is a Spread?
The spread is the difference between the bid (buy) and ask (sell) price of an asset. Additionally, it represents the broker’s fee for executing a trade.
- A tighter spread means lower trading costs.
- Spreads can be fixed or variable, depending on market conditions.
- Major forex pairs usually have lower spreads than exotic pairs.
What is a Commission?
Some brokers charge a commission per trade, rather than relying solely on spreads. As a result, commission-based accounts often offer lower spreads.
- Commissions are usually charged per lot traded.
- IC Markets’ Raw Spread Account charges $3.50 per lot per side.
- Standard Accounts do not charge commissions but have wider spreads.
Why Do Spreads & Commissions Matter?
Understanding trading costs is essential for maximizing profitability. Furthermore, choosing the right account type can help traders reduce unnecessary fees.
IC Markets Spreads – How Low Are They?
IC Markets is known for its tight spreads, making it a popular choice for traders looking to reduce costs. However, spreads vary depending on the account type and asset class.
Spreads by Account Type
IC Markets offers different spread structures based on the type of account. Furthermore, the Raw Spread Account provides ultra-low spreads, but it comes with commission fees.
| Account Type | Spreads (EUR/USD) | Best For |
|---|---|---|
| Standard Account | From 1.0 pips | Beginners & Casual Traders |
| Raw Spread Account | From 0.0 pips | Scalpers & Active Traders |
Spreads by Asset Class
Spreads also differ based on the type of asset being traded. As a result, forex pairs tend to have the lowest spreads, while cryptocurrencies have higher costs.
| Asset Class | Typical Spreads |
|---|---|
| Major Forex Pairs | 0.0 – 1.0 pips |
| Minor Forex Pairs | 0.5 – 1.5 pips |
| Indices & Commodities | 1.0 – 3.0 pips |
| Cryptocurrencies | From 5.0 pips |
How Competitive Are IC Markets’ Spreads?
Compared to other top brokers, IC Markets offers some of the lowest spreads in the industry. Therefore, it is a strong choice for cost-conscious traders looking for the best pricing.
IC Markets Commissions – What Fees Apply?
Unlike brokers that rely solely on spreads, IC Markets also applies commissions on specific account types. However, these fees are transparent and competitive compared to industry standards.
Commission Fees by Account Type
IC Markets offers two main account types with different fee structures. As a result, traders can choose between a spread-only account or a commission-based pricing model.
| Account Type | Spreads | Commission Per Lot |
|---|---|---|
| Standard Account | From 1.0 pips | No Commission |
| Raw Spread Account | From 0.0 pips | $3.50 per lot (per side) |
How Do IC Markets Commissions Compare?
Compared to other brokers, IC Markets offers some of the lowest commission rates. Furthermore, traders who opt for the Raw Spread Account benefit from tighter spreads in exchange for a small commission fee.
| Broker | Spreads (EUR/USD) | Commission Per Lot |
|---|---|---|
| IC Markets | 0.0 – 1.0 pips | $3.50 |
| Pepperstone | 0.0 – 1.0 pips | $3.50 |
| OANDA | 0.8 – 1.2 pips | No Commission |
| eToro | 1.0 – 1.5 pips | No Commission |
Are There Any Hidden Fees?
IC Markets is known for its transparent pricing. Therefore, traders will not encounter hidden fees related to commissions. However, swap fees apply to overnight positions, which should be considered when holding trades for extended periods.
How Does IC Markets Compare to Other Brokers?
Choosing the right broker involves comparing trading costs across multiple platforms. However, not all brokers offer the same pricing structure. Below is a comparison of IC Markets versus its competitors.
Spreads & Commissions Comparison
IC Markets is known for its tight spreads, but how does it compare to other major brokers? Furthermore, the table below highlights key differences.
| Broker | Spreads (EUR/USD) | Commission Per Lot | Best For |
|---|---|---|---|
| IC Markets | 0.0 – 1.0 pips | $3.50 | Scalpers & Day Traders |
| Pepperstone | 0.0 – 1.0 pips | $3.50 | Active Traders |
| OANDA | 0.8 – 1.2 pips | No Commission | Casual Traders |
| eToro | 1.0 – 1.5 pips | No Commission | Social Trading |
Which Broker Offers the Best Trading Costs?
IC Markets consistently provides some of the lowest spreads and commissions in the industry. As a result, it is a strong choice for traders who prioritize cost efficiency.
Additional Cost Factors
Trading costs are not limited to spreads and commissions. Additionally, traders should consider deposit fees, withdrawal charges, and swap fees.
- IC Markets offers free deposits & withdrawals.
- Swap fees apply to overnight positions, but swap-free accounts are available.
- No inactivity fees, unlike some competitors.
Other IC Markets Trading Fees
Aside from spreads and commissions, traders should consider additional costs when using IC Markets. However, many of these fees depend on the type of account and trading strategy.
Deposit & Withdrawal Fees
IC Markets does not charge fees for most deposit and withdrawal methods. Additionally, the broker supports multiple payment options, including bank transfers, credit cards, and e-wallets.
- ✅ Free deposits & withdrawals for most payment methods.
- ✅ Bank wire transfers may have fees, depending on the bank.
- ✅ Processing times vary from instant (e-wallets) to 3-5 business days (bank transfers).
Swap Fees (Overnight Financing)
IC Markets applies swap fees on leveraged positions held overnight. As a result, traders should be aware of these costs when holding trades for multiple days.
- ✅ Swap rates depend on the traded asset and market conditions.
- ✅ Swap-free Islamic accounts are available.
- ✅ Traders can check real-time swap rates on the trading platform.
Are There Any Inactivity Fees?
Unlike some brokers, IC Markets does not charge inactivity fees. Therefore, traders can keep their accounts open without worrying about extra costs, even if they take a break from trading.
Is IC Markets the Cheapest Broker for Trading?
IC Markets is known for offering some of the lowest trading costs in the industry. However, does it truly provide the best value compared to other brokers?
Cost Breakdown vs. Other Brokers
IC Markets consistently ranks as one of the most cost-effective brokers. Furthermore, it offers tight spreads, low commissions, and free deposits and withdrawals.
| Broker | Spreads (EUR/USD) | Commission Per Lot | Deposit/Withdrawal Fees |
|---|---|---|---|
| IC Markets | 0.0 – 1.0 pips | $3.50 | Free |
| Pepperstone | 0.0 – 1.0 pips | $3.50 | Free |
| OANDA | 0.8 – 1.2 pips | No Commission | Varies |
| eToro | 1.0 – 1.5 pips | No Commission | $5 per withdrawal |
Who Benefits Most from IC Markets’ Low Costs?
Traders who focus on cost efficiency will find IC Markets highly competitive. Additionally, it is particularly beneficial for scalpers, day traders, and high-volume investors.
- ✅ Best for traders looking for low spreads and commissions.
- ✅ Ideal for scalping and high-frequency trading.
- ✅ No hidden fees, making it transparent and cost-effective.
Final Verdict: Is IC Markets the Cheapest Broker?
IC Markets is one of the cheapest brokers in the industry. As a result, traders benefit from lower overall trading costs compared to many competitors.
IC Markets Spreads & Commissions – FAQ
Are IC Markets spreads really 0.0 pips?
Yes, IC Markets offers spreads as low as 0.0 pips on its Raw Spread Account. However, spreads vary depending on market conditions and asset type.
Does IC Markets charge commissions on all accounts?
No, IC Markets only applies commissions on Raw Spread Accounts. Furthermore, the Standard Account does not have commission fees but has wider spreads.
How do IC Markets’ fees compare to competitors?
IC Markets offers some of the lowest trading costs in the industry. Additionally, it provides free deposits and withdrawals, making it a cost-effective choice.
What is the best IC Markets account for low trading costs?
The Raw Spread Account is ideal for traders looking for the lowest spreads. As a result, it is preferred by scalpers and high-frequency traders.
Are there any hidden fees at IC Markets?
No, IC Markets is known for its transparent pricing. However, traders should be aware of swap fees on overnight positions.
Do I pay fees for deposits and withdrawals?
No, IC Markets does not charge fees for deposits and most withdrawal methods. Therefore, traders can fund and withdraw their accounts without extra costs.
Ready to Start Trading? Open an IC Markets Account Today!
IC Markets offers low spreads, transparent commissions, and competitive trading costs. Furthermore, signing up is simple, and traders can start with a demo account before investing real funds.
Why Choose IC Markets?
- ✅ Ultra-Low Spreads – Spreads from 0.0 pips on Raw Spread Accounts.
- ✅ Low Commission Fees – Just $3.50 per lot per side.
- ✅ Free Deposits & Withdrawals – No hidden costs.
- ✅ MetaTrader 4, MetaTrader 5 & cTrader – Multiple trading platforms.
Get Started Now
Therefore, if you are ready to trade, take the next step today. As a result, you can access global markets with one of the most cost-effective brokers in the industry.