IC Markets – Minimum Deposit

IC Markets – Minimum Deposit

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ICMarkets - Minimum Deposits

 

Overall Rating

4.7/5

Rated #37 of
Recommended FX Brokers

💰Minimum Deposit

USD 200

🌐 Regulators

ASIC 

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

65

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Our IC Markets Minimum Deposit Revealed:

 

Minimum Deposit

IC Markets has a minimum deposit requirement of $200.

 

This minimum deposit amount is equivalent to 3,000 ZAR at the average exchange rate between the United States Dollar and the South African Rand. IC Markets is a large, reputable trading broker that has strict regulations through several entities.

 

IC Markets keeps all client funds in segregated accounts with top-tier banks, separate from the broker account. These funds go towards trading activities and traders are free to withdraw their funds at any given time.

 

In addition to this IC Markets is client-orientated and ensures that all traders are given access to a fair, transparent, and secure trading environment.

 

Deposit fees and deposit methods

IC Markets does not charge any deposit fees according to the official website. When traders pay the minimum deposit amount of $200, they can use any of the following payment methods:

  • Credit Cards
  • Debit Cards
  • PayPal
  • Neteller
  • Neteller VIP
  • Skrill
  • UnionPay
  • Bank Wire Transfer
  • Bpay
  • FasaPay
  • Broker to Broker
  • POLi
  • Thai Internet Banking
  • Rapidpay
  • Klarna
  • Vietnamese Internet Banking

 

When traders deposit the minimum deposit, they can use the following deposit currencies:

  • AUD
  • USD
  • JPY
  • EUR
  • NZD
  • SGD
  • GBP
  • CAD
  • CHF, and several others.

 

Step by step guide to depositing the minimum amount

Traders can log into their client portal once their account has been verified to deposit the minimum deposit amount. Traders must note that faster processing requires that all funds be deposited from the prompts available inside the client area.

 

Traders can fund their accounts in real-time using a wide range of instant deposit options such as Skrill, Neteller, Bank Cards, and several others. All traders need to do is select their preferred payment method, enter the amount they wish to deposit and verify their deposit.

 

Once the funds reflect in the trading account traders can start trading. All client funds that are received by IC Markets are held in client trust accounts which are held at the National Australia Bank or NAB in addition to Westpac Banking Corporation (Westpac).

 

These two banks are both AA-rated Australian Banks. All electronic payments that are processed through IC Markets’ website and trading platform are encrypted using Secure Socket Layer (SSL), with the benefit that all payment information is kept confidential.

 

Pros and Cons

PROS CONS
Several flexible funding options are offered US clients are not accepted
Several supported deposit currencies offered
Deposit fees and withdrawal fees are not charged
Instant deposits offered

 

You might also like: IC Markets Account Types

You might also like: IC Markets Demo Account

You might also like: IC Markets Fees and Spreads

You might also like: IC Markets Islamic Account

 

Overall Rating

4.7/5

Rated #37 of
Recommended FX Brokers

💰Minimum Deposit

USD 200

🌐 Regulators

ASIC 

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

65

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

FAQ

What is the minimum deposit required to open an account with IC Markets?

$200.

 

How do you make a deposit and withdraw money with IC Markets?

  • Credit Cards
  • Debit Cards
  • PayPal
  • Neteller
  • Neteller VIP
  • Skrill
  • UnionPay
  • Bank Wire Transfer
  • Bpay
  • FasaPay
  • Broker to Broker
  • POLi
  • Thai Internet Banking
  • Rapidpay
  • Klarna
  • Vietnamese Internet Banking

 

Does IC Markets charge withdrawal fees?

No, IC Markets does not charge any withdrawal fees.

 

How long does it take to make a withdrawal?

Withdrawal processing times will depend on when the trader submits their withdrawal request and which payment method they use for their withdrawal. Some payment methods offer instant processing while others, such as bank wire, can take a few days.