This is a step by step guide on How To Create an IC Markets Account.

If you are starting your trading journey, its good to consider IC markets as your first priority broker and I will be guiding you with a very user friendly step by step process with images on How To Create an IC Markets Account.

IC markets is a trusted global forex and CFD broker that is being regulated by financial authorities.

Creating or opening an IC markets account is easy and takes just very few  minutes of your time. You will have to keep in mind that IC markets will require you to upload some verification documents for your proof of identity and residence.  These documents must be translated in English and must clearly show your name and address.

Requirements for account approval.

Below are some of the documents that will be required for your account to be approved,

1.Proof of identity.

Passport/National ID/ Driver’s license. You must ensure that all details are clear and visible

2.Proof of residence.

Bank statement/ Utility bill/ credit card stamen/ tax statement. They must show the same name and address  as your account application details and must not be older than 3 months

Note that approval of your account is done within a day.

Key Points to note about How To Create an IC Markets Account.

1.The trader will be able to trade with low spreads from 0.0 pips at best possible prices with no restrictions.

2.Execution of trades is fast and instant.

3.IC markets provides the account holder with different payment methods and you are required to select the payment method that is convenient for you.

4.IC markets gives you the opportunity to trade CFDs on forex, commodities, stocks, bonds, indices and crypto currencies.

5.The initial amount to deposit is 200$.

6.IC markets has got an experienced and reliable customer support that is available 24/7.

7.IC Markets is an authorized and regulated broker by the the Financial Services Authority of Seychelles and it meets strict capital requirements which makes it trusted and reliable.

Types of Accounts.

There are different types of IC markets accounts and its important for you to first know more about the different accounts so that you can open the one that suits your trading style.

1.Raw Spread Account.

2.Standard Account.

You can now visit the IC markets website and register your account.

Steps on How To Create an IC Markets Account.

Below is a step by step guide on How To Create an IC Markets Account. Let’s first create an IC Markets demo account then we can create an IC Markets live account.

1.Go to IC markets website.

Visit the IC Markets now or click HERE

2.Scroll down and Click on Try a Free Demo Account.

3.Enter your personal details and click submit.

You be required to enter your personal details which include your country of residence, name, email address and phone number. After you click submit

4.IC markets will then send you an email with your client login details.

After your application request is being submitted, IC markets will notify you about how the demo account will expire if its inactive for the next 20 days.

5.Create your Secure client area.

This is where you will be able to change your password. Ensure that you create a new a password that you can easily remember then click continue.

Congratulations, your password has been successfully reset.

6. Create your IC Markets MT5 Demo account.

One of the crucial steps on How To Create an IC Markets Account is to create an IC markets MT5 demo account, you can go back to your email that was sent by IC markets and click Demo Account Registration.

You will then be required to select the trading platform you prefer, Account type, currency, leverage and initial deposit. Then click proceed.

Finally your demo account is complete and you can now check your email for login details

How To Create a Live Account on IC Markets.

After getting a demo account, since we are looking at How To Create an IC Markets Account, we need alive account.

1.Go to the IC Markets website.

Go to the IC Markets website now and click on “Start Trading”.

2.Enter your personal details.

Enter your personal details and click next.

3.Enter more details about yourself.

You will then enter more information about yourself and after click “Go to next step”.

4.Enter your Financial Information.

You will also have to share some of your financial information like forex trading experience, employment status, investment status and other details as shown below. After click next step.

5.Enter your account details and accept the declaration.

You will then be required to select the trading platform you prefer, account type, your preferred currency and accept the declaration then click “Submit”.

6.Upload your verification documents.

Upload the required documents and ensure that all details on the uploaded documents are clear and visible.

If your account is verified and you feel ready to start trading, you can go ahead fund your account using any of the available payment options on IC markets and start trading. You can follow these easy steps on how to deposit on IC Markets.

What is the Minimum Amount of Deposit on IC Markets.

For one to start trading on IC markets, the minimum amount of deposit is 200$. If you are using a different currency it should also be equivalent to 200$.

How to Deposit and Withdraw on IC Markets.

Making transactions on your IC markets account is very easy, fast and convenient and there are several payment options that are available on the IC markets platform. The good news is that IC market does not have any additional charges on your deposits and withdraws. A trader can always change a payment option from the available alternatives, and you can follow these steps for more guidance on how to deposit and withdraw on IC markets respectively.

I would like to give some brief information, as a trader you will have to know the different payment options available so that you can select the option that is convenient and user friendly for you. Some payment options are instant and there are other payment options that take 2 to 5 working days for your transaction to reflect on your account.

Its important to note that for a trader to be able to withdraw funds from their IC markets account, he /she is limited to strictly use the same payment option that was used when making the deposit on their trading account.

An example , if you used visa card option to deposit money into your IC markets account, you will be required to use Visa card option to withdraw your money.

You also need to be informed that IC markets does not accept third party payments therefore a trader must ensure that when making deposits into their IC markets account, the funds must come from a bank account registered in their names.

If you want to change a payment option on IC markets account, you can contact customer care service so that you are easily enabled to change to a new payment option that’s convenient for you.

How to Close an IC Markets Account.

It is not hard to close your IC markets account and this is optional. A trader can always close their trading account when they feel its necessary.

First, you will have to close all your open positions.

You can then contact IC markets customer care service and request them to permanently remove the account. It will be done by support and account will be deleted.

Incase you have any queries  or you need guidance, You can always send me an email at dfemaletrader@gmail.com

You may also want to Read this: How to create a deriv account

FAQs on How To Create an IC Markets Account.

1.Do I need to be verified by IC markets to start trading

Yes you do and approval of an account is done within a day?

2.How long will  it take to verify the IC markets account?

When the required documents are uploaded , the verification process is very fast and it’s done with in a day.

3.What is the minimum amount to deposit on IC markets?

For one to start trading on IC markets, the minimum amount of deposit is 200$. If you are using a different currency it should also be equivalent to 200$.