This article explains what “IC Markets bonus” means in practice by separating the EU entity’s no-bonus policy from IC Markets Global’s structured deposit and referral campaigns and its Raw Trader Plus volume-based commission rebate program, including the key rules around eligibility, net deposits, qualifying volume, and anti-abuse terms.
Current Bonus Promotions of ICMarkets - Updated in 2026 Table of Contents
- What counts as a “bonus promotion” at IC Markets
- The biggest rule: IC Markets EU vs IC Markets Global
- Deposit bonus promotions: how IC Markets Global structures them
- Large tiered bonus campaigns: how “tier rules” usually work
- Referral promotions: what IC Markets Global describes
- Rebate programs: the “bonus” that behaves like cost reduction
- How to judge whether an IC Markets bonus promotion is “worth it” in Forex terms
- How to Open an Account With IC Markets for Forex Trading
- Before you start: what you need ready
- Step one: choose the IC Markets entity you are registering with
- Step two: create your profile and verify your email
- Step three: complete the online application
- Step four: choose your Forex trading account configuration
- Step five: upload your verification documents
- Step six: approval and receiving your login details
- Step seven: log in to the Secure Client Area and set up your trading platform
- Step eight: fund your IC Markets account
- EU-specific step: appropriateness test logic
- What a clean account opening looks like in practice
- Common mistakes that slow approval or block a first deposit
“Bonus promotions” can mean very different things at a Forex broker. Sometimes it means a cash reward for depositing, sometimes it means a rebate that reduces your trading cost, and sometimes it means a referral reward for bringing in new clients. With IC Markets, the first thing to understand is that bonus availability depends on which IC Markets entity you are registered with and which region your account falls under.
IC Markets (EU) Ltd states clearly that it does not offer any bonuses.
IC Markets Global, on the other hand, runs promotional campaigns and programs that function as bonuses in practical terms, including deposit bonus campaigns, referral promotions, and commission rebate programs for eligible clients under specific terms.
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What counts as a “bonus promotion” at IC Markets
At IC Markets, promotional value usually fits into these categories:
- Deposit-linked bonuses: a reward tied to depositing and meeting trading volume requirements.
- Referral promotions: rewards triggered when a referred friend opens a real trading account and meets deposit and trading requirements.
- Rebate programs: reductions or refunds tied to your trading activity, designed to lower your effective trading costs on commission-based accounts.
These incentives are not the same thing. A deposit bonus is a one-time event with strict eligibility and calculations. A rebate program is ongoing and depends on trading volume. A referral reward depends on someone else completing requirements.
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The biggest rule: IC Markets EU vs IC Markets Global
If you are trading under IC Markets (EU) Ltd, the broker states it does not offer bonuses. That single line changes everything, because it means you should not expect deposit bonuses, referral “cash rewards,” or similar bonus-style promotions under the EU entity.
IC Markets Global is different: the company publishes terms for multiple bonus-style campaigns and also promotes its volume-based rebate program for active traders.
In practice, the phrase “IC Markets bonus” often refers to IC Markets Global campaigns or programs, not the EU entity.
Deposit bonus promotions: how IC Markets Global structures them
IC Markets Global has published deposit bonus campaign terms that show a consistent structure:
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Eligibility is defined tightly
Deposit bonus campaigns are typically limited to:
- new clients (first-time users of the trading services under that campaign’s definition),
- specific countries/regions listed in the campaign rules,
- accounts governed under the specified regulatory setup for that campaign (the terms may reference governance under a specific regulator for those clients).
This is not a “sign up and everyone gets it” structure. It is an eligibility-gated promotion.
The bonus is tied to both deposit and trading volume
IC Markets Global deposit bonus terms describe that you qualify only when you meet:
- a minimum deposit requirement, and
- a minimum trading volume requirement.
This matters for Forex traders because it prevents purely deposit-and-withdraw behavior from qualifying.
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Only specific instruments may count toward volume
In the deposit bonus terms, IC Markets Global specifies that only Forex and metal CFD positions count toward the trading volume requirement, and positions must be held for at least a minimum time threshold to count.
So even if you trade other asset classes, those trades may not help you qualify for the bonus.
“Effective deposit” is based on net deposit
The campaign terms define net deposit as deposits minus withdrawals, and they use this net figure to calculate the effective deposit used in determining the bonus tier.
That rule is operationally important:
- If you deposit and then withdraw part of it during the campaign measurement window, your net deposit decreases.
- The bonus tier can be linked to the lower threshold you actually maintain.
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Bonus delivery is credited to the trading account
Campaign terms state the awarded funds are credited directly into the trading account specified during registration, and the credit is delivered in that manner rather than via alternative payout routes.
That means the “bonus” behaves like account funds from a workflow perspective: it shows in the account ledger and is used through the trading platform connected to that account.
Withdrawal and usage of awarded funds
IC Markets Global campaign terms describe that the credited funds can be used for further trading on supported platforms (the terms reference MT4, MT5, and cTrader) and also state the funds can be withdrawn as cash, with distribution limited to the credited trading account method described in the rules.
This is an important distinction from “non-withdrawable bonus credit” models used by some Forex brokers. Under these IC Markets Global campaign terms, the rewarded funds are structured as credited funds that can be withdrawn, subject to meeting the campaign requirements.
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Large tiered bonus campaigns: how “tier rules” usually work
IC Markets Global has also published terms for a tiered bonus promotion that uses:
- net deposit tiers, and
- a required Forex/metals trading volume completed within a defined time window after the initial deposit,
with additional rules that shape fairness and prevent easy manipulation.
Here are the key mechanics shown in those terms:
Volume must be completed with “effective” positions
The terms define what counts as an effective position, including a minimum holding-time requirement and explicitly stating that hedging positions are not counted as effective orders.
For Forex traders, this changes how you should interpret the volume requirement:
- Rapid in-and-out trades below the minimum time threshold do not help you qualify.
- Opposing trades designed to create artificial volume are not counted as qualifying volume under the hedging exclusion.
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Tier mismatch uses the lower tier
The terms state that if your trading volume and your net deposit correspond to different tiers, the bonus awarded is determined by the lower tier met.
This is a strict rule: you do not get the higher tier unless you satisfy both the deposit and volume thresholds at that tier.
One bonus per eligible client identity
The terms state each eligible client is entitled to receive the bonus only once based on the identity logic described.
This prevents multi-account stacking for repeated bonus collection under the same person.
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Certain internal movements do not qualify as deposit
The terms also state that internal transfers (including transfers from another trading account or profile) and rebate transfers do not qualify toward effective deposits for the promotion.
That is a major condition. It means the deposit used for bonus qualification must be a qualifying new inflow under the campaign’s rules, not a reshuffling of existing funds.
Anti-abuse enforcement is explicit
The terms state clients must have genuine trading intent and that IC Markets reserves the right to revoke bonus credits in cases of abusive or fraudulent activity or exploitation of the promotion.
In other words: the bonus is not “guaranteed” just because you hit a number on paper; the broker reserves enforcement rights if trading patterns are considered abusive under the campaign rules.
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Referral promotions: what IC Markets Global describes
IC Markets Global has published referral campaign terms that show a similar “deposit + volume” structure, but triggered through a referral relationship.
The referral is not enough by itself
In the referral campaign terms, the referred friend (the referee) must:
- open a real trading account through the invitation flow, and
- meet deposit and trading volume requirements described in the rules.
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Reward crediting method
The terms describe rewards paid in the form of bonuses credited into the trading account filled during registration, and they can be withdrawn as cash or used for transactions on supported platforms.
This is operationally similar to the deposit bonus campaigns: the bonus is credited into a trading account rather than paid via unrelated channels.
Timing of reward credit
The referral campaign terms include a stated timeline for crediting the reward after requirements are met.
From a Forex account management perspective, that means the reward is not credited instantly at the moment a friend signs up. The trigger is completion of conditions and back-office processing under the campaign’s rules.
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Rebate programs: the “bonus” that behaves like cost reduction
Some traders search “bonus” when what they really want is lower trading costs. IC Markets Global’s program that fits this idea is its rebate offering for active traders.
Raw Trader Plus: volume-based commission rebates
IC Markets Global describes Raw Trader Plus as a program that provides rebates on trading commissions for high-volume traders, with rebates refunded automatically and daily once criteria are met.
Key points described on the program page:
- rebates vary depending on how many standard lots you trade,
- membership is tied to meeting volume requirements, and
- rebates apply as a refund on trading commissions once the criteria is met.
This is a practical “bonus” because it reduces your net trading cost. For a Forex trader running a commission-based account (like a raw spread structure), a rebate can materially change the effective commission paid per lot.
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Rebate program scope changes
IC Markets’ official blog also states that indices and commodities are not included in its rebate program (based on its announced update).
That means the rebate focus is not universal across all asset classes. For Forex-focused traders, the key impact is whether the rebate applies to FX and metals trading costs as described in the relevant program terms.
How to judge whether an IC Markets bonus promotion is “worth it” in Forex terms
A promotion has value only if it improves your trading economics without forcing behavior that increases your risk.
Here is how to evaluate the common IC Markets Global promotion structures:
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Deposit bonus value is tied to your ability to meet the volume condition
If a deposit bonus requires a minimum number of Forex/metals lots, the “cost” of qualifying is the spread and commission you pay while completing that volume. You are effectively trading to unlock the bonus.
The campaign rules that exclude hedging volume and require minimum holding time also mean you cannot reliably manufacture volume without genuine trading activity under the terms.
Referral value depends on the referred trader completing requirements
A referral reward is not fully under your control. The referred person must deposit and trade enough to meet the campaign thresholds.
In real Forex usage, referral promotions are best treated as a secondary benefit rather than a core part of trading economics.
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Rebate value is predictable when you trade consistently
A volume-based rebate program is usually easier to model:
- If you trade a consistent number of standard lots, your rebate tier can be estimated from your typical activity.
- Your benefit is directly linked to your trading cost structure.
For Forex traders who run systematic strategies or higher-frequency execution, rebates can become a meaningful part of long-run cost control.
- IC Markets (EU) Ltd states it offers no bonuses.
- IC Markets Global publishes structured promotional campaigns that function as bonuses, including deposit bonus campaigns and referral campaigns, and these promotions are typically restricted by region and defined eligibility rules.
- IC Markets Global also promotes volume-based commission rebates through Raw Trader Plus, which functions as an ongoing trading-cost reduction for active Forex traders who meet the requirements.
- Bonus campaign rules commonly rely on:
- net deposit calculations,
- qualifying volume restricted to Forex and metal CFDs,
- minimum holding-time rules, and anti-hedging volume logic for qualification.
How to Open an Account With IC Markets for Forex Trading
Opening a Forex trading account with IC Markets is a structured onboarding process: you create a profile, complete an online application, verify your identity, receive trading credentials, and then fund your account through the secure client portal. The exact screens and options depend on which IC Markets entity your account is registered under, but the workflow follows the same core path.
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Before you start: what you need ready
Minimum age requirement
IC Markets requires clients to be at least 18 years old (or the legal age in their country, where applicable).
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A working email address and phone access
Account opening uses email verification and email delivery of your secure portal login and trading account details after approval.
Identity and address documents
IC Markets Global lists standard KYC documents for an individual application:
- a valid photo ID (passport, national ID, or driver’s license)
- proof of residence such as a utility bill, bank statement, or government-issued document, issued within the stated recency window
IC Markets AU guidance also describes document quality rules (clear visibility of name and key fields on the ID) and proof-of-address freshness requirements.
If you prepare these in clean, readable scans or photos before you begin, the verification step moves smoothly.
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Step one: choose the IC Markets entity you are registering with
IC Markets operates different regulated entities in different regions, and the onboarding flow can differ slightly.
- IC Markets Global provides a live account application flow with staged steps and a Secure Client Area where you manage accounts.
- IC Markets (EU) Ltd uses an EU profile registration flow that includes email verification, document submission, approval, and then a Secure Client Area login.
- IC Markets AU publishes separate platform login guidance and document requirement detail aligned with its local portal and servers.
You do not need to “pick” this manually in the abstract—your residence and the IC Markets site you register on determines which entity handles your account.
Step two: create your profile and verify your email
For IC Markets (EU) Ltd, the published onboarding flow explicitly includes email verification:
- Fill in the online registration form to create your profile
- Receive an email with a verification link
- Verify your email, complete the application, and submit your documents
This email verification step is not cosmetic. It connects your identity to a single client profile and is used for secure portal access and account communications.
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Step three: complete the online application
IC Markets Global application structure
IC Markets Global’s live application is laid out in clear sections:
- your personal details
- additional personal background details
- trading account configuration
- review
- declaration
This is the core “account opening form.” It creates your client profile and the first trading account configuration you request.
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Information you provide in the form
Across regulated brokers, the application collects personal data and also suitability-related information. IC Markets’ privacy policy materials describe collection of financial and trading experience information for appropriateness assessment.
For you as a Forex trader, the practical point is simple: complete these fields accurately and consistently with your documents, because mismatches slow verification and approval.
Step four: choose your Forex trading account configuration
This is where many traders rush and then regret the setup later. The trading account configuration is not just “pick MT4 or MT5.” It sets your platform login, your base currency, your leverage options, and your pricing model for trading costs.
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Choose your trading platform
IC Markets supports MetaTrader and cTrader options depending on your entity and account type. Platform access and account types are presented on IC Markets pages as part of the account selection and trading setup path.
Choose your pricing model and account type
IC Markets Global publishes an account overview showing multiple account choices designed around spread and commission structures. IC Markets EU describes Standard and Raw Spread account structures as part of its account explanations.
From a Forex workflow perspective:
- Standard-style pricing typically builds trading cost into the spread.
- Raw spread-style pricing typically shows tighter spreads with a separate commission component.
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Choose leverage settings
IC Markets Global states it offers leverage options ranging from 1:1 to 1:500, and leverage can be changed through the Client Area.
Leverage selection matters immediately because it changes your margin requirements on Forex positions and can affect how much free margin remains available for trading and withdrawals.
Choose your base currency
Your base currency affects:
- how deposits appear in your account
- whether currency conversion happens at funding time
- how profit and loss is reflected in your account balance
IC Markets Global lists multiple base currency options for accounts on its deposit-related pages and account materials.
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Step five: upload your verification documents
After you submit the application, IC Markets requires document verification before activating full account functions.
Identity document requirements
IC Markets Global lists accepted photo ID types including passport, national ID, and driver’s license. IC Markets AU also states the ID must be clear and show key details visibly.
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Proof of address requirements
IC Markets Global lists proof-of-residence examples such as utility bills, bank statements, and government-issued documents with a defined recency requirement. IC Markets AU specifies proof of address must match the name and address on your application and be within its stated freshness window.
Why this step exists
These documents support AML and client identification controls. In practical terms for Forex traders, it also protects your account from unauthorized access and prevents third-party funding patterns that do not match broker policy.
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Step six: approval and receiving your login details
Once your application is reviewed and approved, IC Markets states you receive:
- your trading account details
- your Secure Client Area login and password via email
For IC Markets (EU) Ltd, the published steps also state that once your documents are approved you receive your live trading login details by email, then you log in to the Secure Client Area and fund the account.
This is the point where your account becomes operational: you can log into the client portal, manage your trading accounts, and connect to your trading platform.
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Step seven: log in to the Secure Client Area and set up your trading platform
Secure Client Area actions you should do first
Inside the Client Area you can:
- open additional trading accounts (IC Markets Global)
- change leverage
- manage account settings
IC Markets Global also states you can open multiple trading accounts from the Client Area.
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Platform login basics for Forex trading
Your email includes:
- login ID
- password
- server details needed for MT4/MT5/cTrader access
IC Markets AU publishes step-by-step guidance that shows the practical reality of MetaTrader login: you choose “login to an existing account,” search the broker server name, then enter your login credentials.
For cTrader, IC Markets pages also describe a straightforward login path: open the platform, choose login, enter credentials and the cTrader server details for your account.
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Step eight: fund your IC Markets account
Funding is done through the Secure Client Area using the deposit methods available for your entity and region. IC Markets Global lists multiple funding methods in its account funding area, and its onboarding pages highlight instant deposit and fast withdrawal as part of the portal-managed funding flow.
A key operational note for new Forex traders: you can open the account even without a minimum deposit requirement under IC Markets Global, but you cannot trade live until your trading account has funds available as margin.
EU-specific step: appropriateness test logic
IC Markets (EU) Ltd includes an appropriateness assessment for retail clients as part of regulated onboarding. IC Markets EU FAQs state that if you fail the appropriateness test you can re-attempt it after a specified waiting period, and you can use a demo account in the meantime for familiarization.
This is an operational detail worth knowing before you start: your answers in the onboarding questionnaire affect whether the broker can provide certain products under the EU framework.
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What a clean account opening looks like in practice
If you want the smoothest “from registration to first trade” experience, the path is simple:
- Use your real legal name and consistent personal details across the application and documents.
- Upload clear documents with full corners visible, no blur, and no missing fields.
- Choose account configuration intentionally: platform, base currency, and pricing model.
- Log in to the Secure Client Area first, then install and connect the trading platform using the provided server details.
- Fund the account through the portal, then confirm your balance inside the platform before placing Forex trades.
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Common mistakes that slow approval or block a first deposit
These are the repeated friction points implied by the document rules and portal workflow:
- Name mismatch between your profile and your ID
- Old or unacceptable proof of address that does not meet the stated freshness requirements
- Blurry ID images where key details are not readable
- Trying to log into MetaTrader with the wrong server, which happens when traders skip the server detail included with the account credentials
Fixing these is usually fast, but avoiding them is even faster.
Opening a Forex account with IC Markets follows a clear sequence:
- Register and create your profile
- Verify your email (explicitly shown in the EU flow)
- Complete the application form and select account configuration
- Upload ID and proof-of-address documents
- Receive Secure Client Area and trading account credentials after approval
- Log in, connect MT4/MT5/cTrader using the provided server, then fund the account
Once those steps are done, your IC Markets Forex trading account is ready for live trading, with ongoing account management handled through the Secure Client Area.
Posted by FXBonus
Please check IC Markets official website or contact the customer support with regard to the latest information and more accurate details.
Please click "Introduction of IC Markets", if you want to know the details and the company information of IC Markets.
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