ICMarkets RAW Spread Account – IC Markets is a popular name in the Forex market which has been providing services to traders since 2006. This broker is much more popular with traders mainly because of the low spread and so far traders prefer this broker because of this low spread facility and its strict top-level regulation. In today’s article, we will present you the detailed information about ICMarkets RAW Spread Account. So let’s get started.
About ICMarkets Broker
As you can see from the name, the special advantage of this trading account is the low spread trading. Major currencies usually have spread around “0” but may vary depending on the market liquidity.
Metatrader 4 and Metatrader 5 are the two platforms that allow you to trade on this trading account. Also, you will get the benefit of trading through 1:500 Leverage, Islamic, or Swap Free Account. According to the broker, major currency pairs will have a spread around “0” for most of the day whereas the average daily spread will be around “0.1” pips.
Since the spread of this account is low, the broker charges a small commission from each trade. This amounts to a commission of $3.5 per 1 lot entry.
For account registration, first, visit the broker’s official website www.icmarkets.com. From there, click on the “RAW Spread” option below the “Trading” menu option. Then a new page will appear in front of you.
Click here to see a button called “Open A Raw Spread Account” and follow the onscreen instructions. Then you have to fill in some information in several steps. Proceed in that way, then you can easily register a trading account by yourself. You can also learn the detailed process of registering an account from the ICMarkets Registration article. Please read this article.
After registering the account you will be informed of the details of the trading account such as trading ID, password, trading server, and information via email.
Please check the email. We hope you understand the detailed process of account registration.
The most popular trading account of IC Market Broker is ICMarkets RAW Spread Account though the broker offers another type of trading account named Standard Trading Account. The main advantage of this trading account is lower than any other industry-leading brokers. There are also some special features of this trading account that we are presenting to you.
- You will be able to start trading with a minimum deposit of $200.
- You will get the benefit of using the MetaTrader platform of any version along with cTrader and Webtrader for trading.
- You will get the benefit of placing entry of a minimum of 0.01 lot.
- The spread will start from “0” and remain 90% of the overall trading sessions. In other cases, the amount of average spread will start from “01 pips”.
- You will get the benefit of trading through a maximum of 1:500 leverage.
- Can accept up to 200 orders at the same time.
- A commission of $3.5 per Lot of entry will be charged.
- Swap-Free or Islamic account facilities can be availed.
If you have any special comments or questions about the trading account, please write in the box below. We will try our best to help.