How to open an account with ICMarkets Financial Broker? Table of Contents
- First, understand what “opening an account” means at IC Markets
- Choose the IC Markets entity you are signing up with
- What you need before you start the application
- The account opening steps, explained in the same order you see them
- Verification and document upload
- Approval and receiving your login credentials
- Funding your new IC Markets Forex trading account
- Download the platform and connect your trading account
- Opening more than one trading account under the same portal
- Corporate account opening (if you are applying as a company)
- Common mistakes that slow down approval
- A practical “do this in order” checklist for opening an IC Markets account
- IC Markets deposits and withdrawals explained for Forex traders
- The core idea: everything runs through the Secure Client Area
- Two non-negotiable rules that affect every funding method
- Deposit methods at IC Markets Global
- Deposit methods at IC Markets EU
- How withdrawals work at IC Markets
- Withdrawal routing rules for specific deposit methods
- First-time withdrawal documentation requirements
- A clear map of which method to use for which situation
- When you want fast funding
- When you want larger transfers and a direct banking trail
- When you want the simplest withdrawal path later
- What IC Markets says about payment security
- A simple deposit workflow that matches how IC Markets structures funding
- A simple withdrawal workflow that matches IC Markets processing rules
Opening an account with IC Markets is a straightforward online process built around three practical goals: collecting your personal details, confirming your identity, and creating the trading account configuration you will actually use for Forex trading. Once the application is approved, IC Markets issues your trading account login and your Secure Client Area (Client Portal) access so you can fund the account, manage settings, and connect to platforms like MetaTrader and cTrader.
Invest in Forex with ICMarkets
First, understand what “opening an account” means at IC Markets
With IC Markets, “opening an account” usually includes two connected items:
- A Secure Client Area profile (your Client Portal login for account management)
- One or more trading accounts you connect to a platform (MT4, MT5, cTrader, and, for certain offerings, TradingView access through the broker connection)
The Secure Client Area is where you create and manage trading accounts, request changes like leverage updates, and handle funding actions. Your platform login is what you use inside MT4/MT5/cTrader to trade Forex and CFDs.
Choose the IC Markets entity you are signing up with
IC Markets operates through different entities and domains. In practice, you will usually encounter:
- IC Markets Global pages on the icmarkets.com domain
- IC Markets EU pages on the icmarkets.eu domain
This matters because product presentation and leverage limits can differ by entity and client classification. For example, IC Markets EU states leverage up to 1:30 for retail clients and up to 1:500 for professional clients, while IC Markets Global presents leverage up to 1:500 on certain accounts and platforms.
You don’t need to overthink this step to complete an application, but you should be aware that the domain you sign up through determines which Secure Client Area you use and which regulatory rules apply.
Open an account with ICMarkets
What you need before you start the application
If you want the fastest path from signup to a usable Forex trading account, prepare these items first:
A working email address
IC Markets sends key account credentials by email after approval, including your trading account login details and Secure Client Area access.
Invest in Forex with ICMarkets
A valid photo identity document
IC Markets requires a valid photo ID such as a passport, national ID card, or driver’s license.
Proof of residential address
IC Markets requires proof of residence, typically an official document that displays your full name and address. IC Markets EU lists examples such as bank statements, credit card statements, and utility bills (electricity, water, gas), plus several other official letters and bills.
IC Markets Global’s AML policy describes proof of residence examples like utility bills, bank statements, or government-issued documents, and it states the document must be dated within the permitted validity period (it specifies up to 180 days in that policy).
Open an account with ICMarkets
A device and browser that can run the application normally
IC Markets’ online systems rely on standard browser functionality. If your browser blocks essential scripts, parts of the signup and client area may not function correctly.
The account opening steps, explained in the same order you see them
IC Markets presents the live account application as a structured sequence. On the IC Markets Global “Open Live Account” flow, the application is laid out as:
- Your personal details
- Tell us more about yourself
- Trading account configuration
- Review
- Declaration
IC Markets EU describes the overall onboarding as a short sequence: register, verify, fund, trade.
Below is what each stage means in practical Forex trader terms.
Invest in Forex with ICMarkets
Registration and personal details
This is where you create your profile and provide the details that IC Markets uses to build your Secure Client Area identity.
You can expect to enter information such as:
- Name and contact details
- Country of residence and address
- Email and basic account access details
The key point: the name and address you enter should match your verification documents. If your documents use a different spelling or a different address format, you create avoidable friction during approval.
Background information and suitability questions
The “tell us more about yourself” step is where brokers typically ask questions linked to regulatory and risk requirements. You may see prompts about:
- Employment or source of funds categories
- Trading experience level
- Product knowledge and risk understanding
For a Forex broker, this is normal onboarding. Answer accurately and consistently, because these responses can affect how your account is classified and which features are available under the rules of the entity you register with.
Open an account with ICMarkets
Trading account configuration
This is the step where you set up the trading account you will actually use for Forex trading.
Choose the platform
IC Markets EU explicitly offers account access across platform families including:
- MetaTrader 4
- MetaTrader 5
- cTrader
- TradingView
IC Markets Global also promotes its platform lineup and positions MT5 as a primary multi-asset platform, with account details visible in the Secure Client Area after registration.
If you already know your workflow, choose based on how you trade:
- MT4/MT5 for classic Forex execution, EAs, and broad broker support
- cTrader for its interface, order tools, and ecosystem
- TradingView connectivity if you want TradingView charting and broker-connected execution where available through the broker integration
Invest in Forex with ICMarkets
Choose the account type
IC Markets commonly offers a Standard account structure and Raw Spread structures (with commissions) depending on platform and entity. IC Markets Global describes selecting an account type such as Standard for MT4/MT5 or Raw Spread for MT4/MT5 and cTrader.
From a Forex cost perspective:
- Standard accounts are typically structured around spreads with no separate commission line item on many brokers’ Standard pricing models.
- Raw Spread accounts are typically structured around tighter spreads plus a commission per lot.
Choose the base currency
Base currency matters because it affects your balance display, conversion costs, and how you think about risk in your local currency.
IC Markets EU states it supports 10 base currencies: USD, AUD, EUR, GBP, SGD, NZD, JPY, CHF, HKD, CAD.
A practical Forex trader approach is to choose a base currency you already hold in your bank or wallet to reduce conversions when you deposit and withdraw.
Open an account with ICMarkets
Choose leverage settings where available
Leverage availability depends on entity rules and client classification. IC Markets EU states retail leverage up to 1:30 and professional leverage up to 1:500.
IC Markets Global presents leverage up to 1:500 on certain accounts and platforms.
You can also change leverage through your Client Area according to IC Markets’ help centre guidance on leverage management.
Review and declaration
This is where you confirm the information you entered and accept the required terms. IC Markets EU’s legal documents section makes it clear that you should read and understand the account terms and disclosure documents before opening a trading account.
In practice, this stage is:
- Verifying that your personal details are correct
- Confirming the platform, account type, and base currency you selected
- Submitting the application formally
Invest in Forex with ICMarkets
Verification and document upload
After registration, verification is where many new Forex traders slow down—not because it is complicated, but because they upload the wrong thing or upload a document that is not usable.
IC Markets requires identity verification documentation and proof of address for individual accounts.
Photo ID: what “valid” means in practice
IC Markets lists acceptable photo ID types such as:
- Passport
- National ID
- Driver’s license
Your document must be clear and readable. If key parts are blurred or cut off, approval may stall until you re-upload.
Open an account with ICMarkets
Proof of address: what counts
IC Markets EU lists proof of residence document types including:
- Bank statement
- Credit card statement
- Electricity bill
- Water or gas bill
- Council tax bill
- Tax letter
- Landline bill
- Television services bill
- Internet bill
IC Markets Global’s AML policy also lists proof of residence categories such as utility bills, bank statements, and government-issued documents, with a defined validity window for how recent the document must be (it specifies up to 180 days in that policy).
Where you upload documents
IC Markets’ help materials and onboarding structure place this in the Secure Client Area, where you manage verification and account setup after registration.
IC Markets EU also describes using a digital onboarding system for verification during the “Verify” stage of its onboarding sequence.
Invest in Forex with ICMarkets
Approval and receiving your login credentials
Once your application is approved, IC Markets states you are emailed:
- Your trading account login details and password
- Your Secure Client Area login details and password
This is the moment your account becomes operational. You can log in to the Client Portal, create additional trading accounts if needed, and prepare funding.
Funding your new IC Markets Forex trading account
To trade live markets, you fund the account through the Client Portal.
IC Markets’ help centre states the minimum amount needed to open a trading account can be as little as USD 200 or the currency equivalent.
From a Forex trading planning perspective, you should treat this minimum as the threshold for opening the account, not as a suggestion for practical risk sizing. Margin requirements, lot sizing, and drawdown tolerance usually demand more than the bare minimum for many strategies, especially if you trade multiple positions or use higher volatility instruments.
Open an account with ICMarkets
Download the platform and connect your trading account
After funding, you connect the platform you selected during account configuration.
MetaTrader 4 and MetaTrader 5
IC Markets provides MT4 and MT5 platform access, and it notes you open an MT5 Standard or Raw Spread account first, then find your MT5 account details listed in the Secure Client Area.
Invest in Forex with ICMarkets
cTrader
IC Markets EU provides cTrader platform options including web and mobile versions.
TradingView
IC Markets EU lists TradingView as part of its platform lineup, and its FAQ guidance explains that TradingView connectivity requires having a TradingView account first, then following connection steps.
Open an account with ICMarkets
Opening more than one trading account under the same portal
Many Forex traders use more than one trading account for practical reasons:
- Separate strategies (manual vs algorithmic)
- Separate base currencies
- Separate risk profiles (high frequency vs swing positions)
IC Markets supports managing trading accounts through the Secure Client Area, where your account details appear after registration.
Corporate account opening (if you are applying as a company)
IC Markets supports registering an account in a company name through the usual signup procedure, then uploading company documents in the account area. IC Markets EU FAQ guidance lists examples of corporate documents that may be requested, such as certificates of incorporation, registered office documents, directors and shareholders documents, and bank statements.
IC Markets Global’s AML policy also outlines corporate verification requirements for legal entities and related parties.
Corporate onboarding is stricter than individual onboarding because it requires proof of the entity and the individuals who control or operate it.
Invest in Forex with ICMarkets
Common mistakes that slow down approval
Here are the issues that most often slow the process for new Forex traders:
Document mismatch
If the name or address you typed does not match the document you upload, approval often pauses until the mismatch is resolved.
Open an account with ICMarkets
Poor document quality
Blurred, cropped, or unreadable uploads force resubmission.
Using an unacceptable proof of address type
IC Markets EU provides a clear list of acceptable proof of residence document categories. If the document type is not on the acceptable list, it may not pass.
Invest in Forex with ICMarkets
Address proof outside the allowed timeframe
IC Markets Global’s AML policy specifies a validity window for proof of residence (up to 180 days in that policy). Submitting an older document can fail the requirement.
A practical “do this in order” checklist for opening an IC Markets account
If you want a clean, fast workflow, follow this sequence:
- Choose the IC Markets entity and start the live account application
- Enter personal details exactly as shown on your documents
- Complete background and trading profile questions accurately
- Configure the trading account: platform, account type, base currency, leverage selection where applicable
- Review and submit declarations and terms
- Upload photo ID and proof of residence through the onboarding flow
- Wait for approval email containing Secure Client Area and trading account login details
- Log in to the Secure Client Area and fund the account (minimum can be USD 200 or equivalent)
- Download the platform and connect using your trading account login
Opening an IC Markets account is not a guessing game. The application flow is clearly structured, verification requirements are specific, and the end state is simple: you receive Secure Client Area access plus your platform trading login once approved.
If you prepare your ID and proof of address correctly, enter your details consistently, and pick the platform and account type that matches your Forex trading workflow, you move from signup to a funded trading account with minimal friction.
Open an account with ICMarkets
IC Markets deposits and withdrawals explained for Forex traders
Funding and withdrawing are not side features in a Forex account. They are part of how you manage risk, keep margin stable, and move trading capital in and out without surprises. IC Markets runs deposits and withdrawals through its Secure Client Area, and the rules are built around speed, security, and “same-name” ownership requirements for payments.
The core idea: everything runs through the Secure Client Area
IC Markets recommends depositing from inside the Secure Client Area because it supports real-time funding with instant methods. It also notes that in some cases deposits can take up to about an hour to appear in your trading account, depending on factors outside the broker’s control.
The Secure Client Area is also where withdrawal requests are submitted and processed. For the EU entity, withdrawals are processed within twenty-four hours, and then the transfer time depends on the banking route used to reach you.
Invest in Forex with ICMarkets
Two non-negotiable rules that affect every funding method
Payments must come from you
IC Markets states it does not accept third-party payments. Deposits should come from a bank account in your name. Joint accounts and joint cards are accepted when the trading account holder is one of the named parties.
This applies in both directions: the broker also does not process withdrawals to third parties. Withdrawals must go to a bank account or funding source in your name, with joint accounts allowed when you are a named party.
Open an account with ICMarkets
The broker does not add extra fees, but banks can
IC Markets states it does not charge additional fees for deposits or withdrawals, but intermediary fees may apply on international banking routes, and the broker does not take responsibility for those bank fees.
For the EU entity, IC Markets warns that intermediary banks may charge fees and that the client is liable for those charges.
Deposit methods at IC Markets Global
IC Markets Global lists multiple funding options with stated processing times and accepted currencies. The big picture is simple:
- Card and e-wallet deposits are listed as instant
- Bank transfers and broker-to-broker transfers are listed as taking longer
- Some local banking rails have their own time windows
Below is what that looks like in real trading terms.
Invest in Forex with ICMarkets
Card deposits
IC Markets Global lists credit and debit cards with instant processing and broad currency support.
For many Forex traders, card deposits are the quickest way to top up margin during active trading periods, because the money typically reaches the trading balance without the delay of bank routing.
PayPal deposits
IC Markets Global lists PayPal as an instant funding method with multiple supported currencies.
PayPal is usually chosen by traders who want a familiar checkout flow and do not want to enter card details into every payment form.
Open an account with ICMarkets
Neteller deposits
IC Markets Global lists Neteller as instant.
E-wallet deposits like Neteller are commonly used in Forex trading because they can be fast for both funding and later withdrawals (when the broker allows withdrawals back to the same wallet).
Skrill deposits
IC Markets Global lists Skrill as instant.
Invest in Forex with ICMarkets
UnionPay deposits
IC Markets Global lists UnionPay as instant, with RMB listed as the accepted currency for that option.
Wire transfer deposits
IC Markets Global lists wire transfer funding with an approximate processing time of two to five business days.
Wire transfers suit traders who move larger sums less frequently, or who want funding that links directly to their bank. The trade-off is timing: it is not designed for urgent margin top-ups.
Open an account with ICMarkets
BPAY deposits
IC Markets Global lists BPAY with an approximate processing time of twelve to forty-eight hours.
Broker-to-broker deposits
IC Markets Global lists broker to broker transfers with an approximate processing time of two to five business days.
This option is used when you are moving funds from another broker rather than from a bank card, wallet, or direct transfer.
Invest in Forex with ICMarkets
POLi deposits
IC Markets Global lists POLi as instant and AUD-based.
Thai Internet Banking deposits
IC Markets Global lists Thai Internet Banking with an approximate processing time of fifteen to thirty minutes.
Open an account with ICMarkets
Rapidpay deposits
IC Markets Global lists Rapidpay and states it may take up to two business days to process.
Klarna deposits
IC Markets Global lists Klarna and states it may take up to two business days to process.
Invest in Forex with ICMarkets
Vietnamese Internet Banking deposits
IC Markets Global lists Vietnamese Internet Banking as instant.
Deposit methods at IC Markets EU
IC Markets EU groups funding options under cards, e-wallets, and wire transfers, and it explicitly shows several providers and methods, including:
- Card funding (including Visa/Mastercard rails shown under payment providers)
- PayPal, Neteller, Skrill as e-wallets with instant processing
- Wire transfer routes (including listed banking/payment rails) with two to five business days processing
IC Markets EU also states it does not accept third-party deposits or withdrawal requests and does not accept cash deposits.
If you are trading Forex under the EU entity, the practical meaning is:
- E-wallet and card deposits are typically used for fast funding
- Wire transfers are used for larger or less frequent transfers, with longer settlement timing
Open an account with ICMarkets
How withdrawals work at IC Markets
Withdrawals are not just “send money out.” Brokers apply payment-rail rules, anti-money-laundering controls, and refund logic that ties payouts to how you funded the account.
Processing time at the EU entity
IC Markets EU states withdrawals are processed within twenty-four hours, and then funds typically take two to five business days to reach your bank account. It also warns that intermediary banks can charge fees and that delays outside the broker’s control can occur.
For a Forex trader, the takeaway is to separate “broker processing time” from “bank delivery time.” The request can be approved quickly, while the bank leg still takes time.
Invest in Forex with ICMarkets
Method-linked withdrawal logic at IC Markets Global
IC Markets Global provides several method-specific rules and routes:
- For card withdrawals, the broker may request supporting documents before releasing funds to a new card, such as deposit receipts or a card statement showing the deposit transactions.
- When you have deposited by Verified by Visa or MasterCard Secure credit/debit card, withdrawing more than the deposited sum requires using another deposit method used earlier or using a bank wire transfer option.
That second point matters a lot in real trading. If you deposit a small amount by card and later grow the account through Forex trading, the portion above your card deposit is not treated as a card refund. It must move through another eligible route, commonly bank transfer, depending on what other methods you used on the account.
Withdrawal routing rules for specific deposit methods
IC Markets Global states that some deposit methods do not support a “refund back to the same method,” so withdrawals must be routed by bank transfer instead.
Open an account with ICMarkets
WebMoney deposits
IC Markets Global states WebMoney refunds are not permitted by its payment processor, so all WebMoney deposits must be withdrawn by bank transfer, which may incur additional charges, and once processed via bank transfer may take three to five business days to reach your bank account.
Fasapay deposits
IC Markets Global states accounts funded by Fasapay are withdrawn via bank wire transfers, which may incur additional charges, and once processed via bank transfer the funds may take three to five business days to reach your bank account.
Invest in Forex with ICMarkets
POLi and BPAY deposits
IC Markets Global states accounts funded by POLi or BPAY are withdrawn via bank wire transfers. It also states domestic bank transfers within Australia usually reach your bank within two to three business days, and that withdrawing to a domestic bank account does not incur additional bank charges on that route.
Rapidpay deposits
IC Markets Global states accounts funded by Rapidpay are withdrawn via bank wire transfers, which may incur additional charges, and once processed via bank transfer the funds may take three to five business days to reach your bank account.
Open an account with ICMarkets
Klarna deposits
IC Markets Global states accounts funded by Klarna are withdrawn via bank wire transfers, which may incur additional charges, and once processed via bank transfer the funds may take three to five business days to reach your bank account.
Thai Internet Banking deposits
IC Markets Global states that if you are withdrawing funds deposited via Thai Internet Banking to a Thai bank account, you must upload a clear picture or a colour scan copy of your bank book, and once processed the funds may take one business day to reach your account.
These details are important because they show how IC Markets treats payment methods as rails with fixed limitations. As a Forex trader, you reduce delays by understanding these limitations before you choose a deposit method.
Invest in Forex with ICMarkets
First-time withdrawal documentation requirements
IC Markets Global states that for first wire transfer withdrawals it requires a supporting copy of the bank statement related to your registered bank account. It also states that for first Vietnamese Internet banking withdrawals it requires a supporting copy of the bank statement related to your registered bank account.
This is a standard control: the broker confirms the destination account is yours and matches your client profile before releasing funds.
A clear map of which method to use for which situation
Here is a practical way to think about IC Markets funding and payouts if you trade Forex actively.
Open an account with ICMarkets
When you want fast funding
Instant methods are designed for this:
- Cards
- PayPal
- Neteller
- Skrill
- UnionPay (where supported)
- Local instant banking rails listed as instant
These are the methods traders use when they want capital to appear quickly in the trading account.
When you want larger transfers and a direct banking trail
Wire transfers and broker-to-broker transfers are designed for this:
- Wire transfer funding shown as two to five business days
- Broker-to-broker funding shown as two to five business days
Invest in Forex with ICMarkets
When you want the simplest withdrawal path later
The smoothest withdrawals usually happen when your funding method supports withdrawals back to the same source and your ownership details match. IC Markets also enforces “no third party” routing, so the destination must be in your name.
The most common reasons traders experience delays are not trading-related. They are method-related:
- Trying to withdraw profit amounts through a method designed for refunds only (such as some card flows)
- Using a deposit method that must be withdrawn by bank transfer (WebMoney, Fasapay, some local rails)
- First-time withdrawal needing extra documentation
- Mismatch between account holder name and destination name
What IC Markets says about payment security
IC Markets Global states electronic payments are processed using SSL technology and encrypted, and it states client money is held in segregated client money accounts with top-tier international banks.
For Forex traders, the practical value is that the funding process is designed to protect payment data during transmission and keep client money separated under the broker’s stated structure.
Open an account with ICMarkets
A simple deposit workflow that matches how IC Markets structures funding
IC Markets Global states the fastest processing is achieved by depositing from inside the Secure Client Area and that instant funding methods can fund in real time.
A clean way to approach deposits is:
- Log in to the Secure Client Area
- Choose the deposit method that matches your currency and speed needs
- Complete the provider flow
- Allow for the stated processing window (instant for many methods, longer for bank routes)
That is the approach aligned with IC Markets’ own funding structure.
A simple withdrawal workflow that matches IC Markets processing rules
For the EU entity, IC Markets states withdrawals are processed within twenty-four hours, then take two to five business days to reach the bank, with possible intermediary fees.
For Global, IC Markets publishes method-specific routing and documentation requirements that can apply before a withdrawal is released.
A clean way to approach withdrawals is:
- Submit the withdrawal request from the Secure Client Area
- Withdraw to an account or funding source in your name
- If it is your first withdrawal by bank transfer or certain local banking rails, provide the supporting bank statement where required
- If your deposits were made by methods that require bank wire withdrawal, route the payout by bank transfer and expect the stated bank delivery timing
IC Markets provides a wide set of deposit methods, and the platform is designed so that many funding routes are instant while bank routes follow normal banking timelines. The most important operational rules are consistent:
- Use the Secure Client Area for deposits and withdrawals
- Funding and payout ownership must match your name (joint accounts are allowed when you are a named party)
- Bank delivery timing is separate from broker processing timing, and intermediary bank fees can apply on bank routes
- Some deposit methods must be withdrawn by bank transfer due to payment-rail restrictions (WebMoney, Fasapay, and several local rails listed under Global withdrawal rules)
- Card withdrawal logic can limit how much can be returned to the card, with amounts above deposited sums routed through other permitted methods or bank transfer
If you trade Forex actively, the best way to avoid funding friction is to choose deposit methods with the withdrawal route you want later, keep your account details consistent with your documents, and follow the method-specific requirements IC Markets lists for withdrawal routing and first-time bank payouts.
Updated by FXBonus
Please check IC Markets official website or contact the customer support with regard to the latest information and more accurate details.
IC Markets official website is here.
Please click "Introduction of IC Markets", if you want to know the details and the company information of IC Markets.
Deriv 
AdroFX 
FXGlory 
XM 
FXPRIMUS 
