Other than Raw Spread Accounts, what kind of trading accounts does IC Markets offers? Obviously, like any other brokers, IC Markets offers standard accounts as well. But that is not what I am wondering about. I agree that their standard account is amazing and has great spreads. But I am wondering if they are also offering micro or cent accounts as well?
Esther Richardson: IC Markets offer two types of accounts: The standard account and our market-leading, Raw Spread account. We do not charge a commission on Standard accounts but instead, there is a mark-up on the spread by 0.6 pip for forex Majors (1 pip for the rest) above the rate received from our liquidity providers. Our Raw spread account shows the raw spread received from our liquidity providers, on this account we charge a commission of $7 per standard lot round turn. Further information about the different types of trading accounts available can be found on our trading account types page.
E Esther Richardson
Jun 2 2022
Other than Raw Spread Accounts, what kind of trading accounts does IC Markets offers? Obviously, like any other brokers, IC Markets offers standard accounts as well. But that is not what I am wondering about. I agree that their standard account is amazing and has great spreads. But I am wondering if they are also offering micro or cent accounts as well?
I IC Markets
Official Response
Jun 13 2022
Esther Richardson: IC Markets offer two types of accounts: The standard account and our market-leading, Raw Spread account. We do not charge a commission on Standard accounts but instead, there is a mark-up on the spread by 0.6 pip for forex Majors (1 pip for the rest) above the rate received from our liquidity providers. Our Raw spread account shows the raw spread received from our liquidity providers, on this account we charge a commission of $7 per standard lot round turn. Further information about the different types of trading accounts available can be found on our trading account types page.