IC Markets Global Exclusive Redeemable Bonus is a one-time offer that you surely don't want to miss. Learn how to get the bonus in this article.
These days, forex brokers are getting more competitive than ever. Bonus program is a popular approach used by brokerage firms to attract new clients and make their business stands out. There are many types of bonuses with various conditions, such as welcome bonus, deposit bonus, affiliate programs, etc.
Recently, the broker introduced the Exclusive Redeemable Bonus for clients of IC Markets Global. It is a one-time offer that gives each client a chance to get up to $150 bonus with simple requirements. The bonus can be used to make trades or withdrawn to another account.
If you are interested, you better act fast because the bonus program is only active from 1 December 2023 to 31 January 2024. Read the guide below for the full terms and conditions.
IC Markets is an online forex broker operating under the company of International Capital Markets Pty Ltd. Traders under the Australian jurisdiction are provided with the trading service of IC Markets AU that is headquartered in Australia and licensed by the Australian Securities and Investments Commission (ASIC).
On the other hand, non-Australian traders who open an account in this broker are registered under IC Markets SEY that is based in Seychelles, and regulated under the Seychelles Financial Services Authority (SFSA). The dual operation is a result of the relatively new rules from ASIC that prohibit their regulated broker to offer trading services outside Australia.
Classified as an ECN broker, IC Markets provide clients with MetaTrader 4, MetaTrader 5, cTrader as platform trading options. This broker also follows market trends to include Cryptocurrencies as one of its products, enriching its already wide selection of trading assets that include Currencies, Indices, Metals, Energies, Softs, Stocks, as well as Bonds.
The minimum deposit in IC Markets is in the middle range compared to other ASIC-regulated brokers, as it reaches $200 for every client. Market analysis materials are also prepared regularly for trading insights on IC Markets's official website, proving their competence to serve their traders with important contents created by market experts that work specifically for them.
For payment methods, IC Markets allows funding and withdrawal via wire transfer, credit card, PayPal, Skrill, Neteller, FasaPay, UnionPay, as well as Bitcoin via BitPay. The more interesting aspect from this broker is its multi-base currencies that include USD, AUD, EUR, GBP, SGD, NZD, JPY, CHF, HKD, and CAD.
As the trading technology in IC Markets is highly equipped with co-located servers and extremely low latency (especially on cTrader), the broker is widely known for its capability in hosting traders with the special needs for high-frequency trading as well as scalping.
To sum up, IC Markets is a fitting destination for active traders looking for a well-regulated broker. IC Markets is also flexible in terms of base currency and payment methods, signaling their commitment to welcome traders beyond their home country. As of late 2019, IC Markets provided their website in 18 international languages including English, Korean, Indonesian, French, Spanish, Italian, Malay, German, and Chinese.
Bonus Requirements and Tier Levels
IC Markets Global Exclusive Redeemable Bonus requires two tasks that you need to complete to claim the bonus, namely deposit amount and trading volume. These two factors will determine the amount of bonus that you'll get. Here are the details.
|1 Qualifying Lot
|5 Qualifying Lots
It is worth noting that the qualifying deposit is calculated based on the total net deposit amount between 1 December 2023 and 31 January 2024. Any deposits made from rebate transfers or internal transfers from another trading account will not qualify as deposits towards this promotion.
The bonus is intended for forex and metal CFD trading only. Trading on other instruments will not be deemed as valid orders. Moreover, the qualifying trade must have an opening time of 5 minutes or longer with no limit on the amount of a single trade. Hedging is not allowed.
Who Can Participate?
The exclusive bonus is only available to eligible clients. Here are the criteria:
- Clients in Indonesia, Malaysia, Philippines, Singapore, Vietnam, Thailand, and Laos. In other words, clients must be registered in IC Markets Global (under the FSA entity).
- The first deposit must be between the period of 1 December 2023 and 31 January 2024.
- The minimum deposit to participate in the bonus program is $200.
- Clients must reach the minimum trading lots for the selected tier before 7 February 2024.
Where to Find the Information on the Official Broker Site?
- This information is reported per Jan 25 2024.
- We can not ensure if this offering is still available or remain the same in future.
- The broker announcement page may or may not exist anymore, You may explore IC Markets homepage and try to find "Promotion" section on the menu, footer, etc, to ensure the availability and validity of this promotion.
How to Claim the Bonus
- Register and create a live account in IC Markets. Simply head over to IC Markets' official website and click "Get Started" on the homepage. Then, follow the registration process.
- Make a deposit of at least $200 in your Client Area and open a trading position of at least 1 qualifying lot.
- Open the bonus program page and fill in the registration form with your account information. Don't forget to select the bonus tier that you'd like to participate in.
- Make sure that you've completed all the requirements and redeem the bonus.
Terms and Conditions
There are several things to keep in mind when participating in the IC Markets Exclusive Redeemable Bonus. Here are the terms and conditions that you should know:
- The promotional period lasts from 1 December 2023 to 31 January 2024.
- Each eligible client will receive the bonus within two weeks following the closure of trades, no later than 15 February 2024.
- If the trading volume and deposit amount fail to match the minimum requirements during the promotional period, the bonus you'll get will be determined by the lowest tier you meet the conditions. For instance, if you have deposited $2000 but only completed 1 qualifying lot, then you'll get the $25 bonus.
- All amounts are calculated in USD.
- The bonus can be used to trade or withdraw.
- Each client only gets one chance to participate in this program.
To sum it up, the $150 Exclusive Redeemable Bonus by IC Markets is certainly worth trying. The process is simple and the requirements are not too demanding. You can use the bonus to amplify your trading positions or withdraw them as additional gains.
Since the promotion is about to end soon, we highly suggest you complete the registration form as soon as possible! Just keep in mind that once you registered yourself in this program, you won't be able to enter any other ongoing promotions offered by IC Markets Global.
IC Markets is a raw spread brokerage that puts all client's funds in segregated trust accounts supported by well-known Australian banks such as Westpac and NAB. On top of that, IC Markets offers various trading instruments like Forex, Indices, Bonds, Crypto, and many more.