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The difference is that it is for traders using cTrader rather than the MetaTrader Trader Platform. This type of trading account is similar to the MetaTrader Raw Spread account. This also factors in live forex pair crosses through an API.

Level II pricing – Market depth (with MT5 and cTrader)īest for: Traders who want low pricing and MetaTrader platforms.īelow compare the RAW spread account trading fees to other leading forex brokers who publish their average spreads and commissions.

MetaTrader 4, MetaTrader 5, MetaTrader WebTrader (for browsers), MetaTrader Android, MetaTrader MAC trading platforms.

Commission of AUD / USD$3.5 side-way, AUD / USD$7.00 round-turn.

IC Markets MetaTrader Raw Spread Accounts Distinguishing Features: To keep tight spreads, IC Markets charges a commission of AUD $7.00 or USD $7.00 round turn. This means savings when it comes to your costs. You find this account offers some of the tightest spreads in the online forex industry. The IC Markets Raw spread account offers ECN pricing if you are using the MetaTrader Trader Platform. What Is The IC Markets Raw Spread Account?

Range of CFD leveraged products (cryptocurrencies, indices, shares CFD, commodities, precious metals).

Social Trading tools like ZuluTrade, MyFxBook’s Autotrade.The ability to activate Scalping, Hedging and utilise trading automation.Flexible lots – Micro Lots (0.01), Mini Lots (0.10) and standard lots (1).Leverage of up to 500:1 (ASIC) or 30:1 (CySEC) for retail traders.Minimum deposit requirement of $200 to start trading (view more on IC Markets minimum deposit).The common features of both IC accounts are the: The table below compares these three IC Market accounts. Overall, beginner brokers should choose the standard account based on fee simplicity while advanced traders should choose the raw spread account, which is the most popular account type. The raw spread account has the lowest spreads but a modest commission.The cTrader account has low spreads and the lowest commissions.The standard account has no commissions.

The three account types offered by IC Markets differences are: What is the difference between IC Markets Standard account and Raw spread account? With markups from 0.6 pips instead of commission, the standard account spreads are wider than the Raw spread account which has the same low spreads as liquidity providers, plus a $7.00 commission.

Standard Account vs Raw Spread Core Differences We’ll take an in-depth look at the key features of each account, including execution speed, spreads and trading costs, so you can move forward with confidence when opening an IC Markets account. Each has its own unique features, and it’s important to understand the pros and cons of each before trading with this brokerage. Popular online forex and CFD broker IC Markets offers a range of account options for traders, including standard, raw spread, or ECN accounts.