IC Markets Rebates
Rebates for Raw Spread accounts are based on 37.5% out of commissions paid.
|Standard MT4/MT5||Raw Spread (ECN) MT4/MT5||cTrader|
|0.375 Pips/Round Turn Lot||USD 2.625/Round Turn Lot||$6.81/Million|
|AUD 2.625/Round Turn Lot|
|EUR 2.045/Round Turn Lot|
|GBP 1.875/Round Turn Lot|
|CHF 2.454/Round Turn Lot|
|SGD 3.375/Round Turn Lot|
|HKD 20.454/Round Turn Lot|
|JPY 242.039/Round Turn Lot|
Please note this offer is not valid for clients from Romania, Cyprus, Italy, France, Belgium, Latvia, Slovakia, Slovenia, Estonia, and Serbia.
Please avoid churning as it is not accepted by brokers. If you simply wish to generate rebates for your account without actually trading, please don't, as such rebates will be voided by the broker.
What is IC Markets Cashback?
Forex rebates (or cashback) is cash you get back (ie cash-back) for each trade you make. Just like with any cashback, you get paid back for performing your regular transactions with the service (a forex broker in our case) and get paid back part of the cost you’re being charged by IC Markets.
Important to note that each broker has different cashback rates for account types and instruments.
For example, you can receive a cashback of 0.5 pip for each EURUSD trade but no cashback for GOLD trades. Moreover, each broker has different rebates payment terms, such as payment timing (trade open/close, end of month) or trading requirements (minimal trade duration).
PAYBACKFX provides real-time reports of each of your cashback (when possible) so you can be rest assured that each and every rebate you should receive is paid to your account.
IC Markets forex rebate is a must for any forex trader since it increases your profitability and cuts down costs, and unlike some of our competitors, your trading terms such as the spreads or commissions you pay never change.
How IC Markets cashback works?
When we refer you to IC Markets to open a new trading account or link an existing trading account under our referrer (when possible), the IC Markets pays us a commission which is mostly paid back to you in the from of cashback.
How much IC Markets cashback can I earn?
IC Markets cashback will depend much on your trading volume, the larger the volume the more cashback you will receive.
Below you can use our IC Markets cashback calculator to estimate the monthly or yearly cashback
IC Markets cashback calculator
How IC Markets cashback is paid?
Your IC Markets cashback is reported in real-time in your dashboard and the cashback is usually released a few days after the end of the month which is when we collect your cashback from IC Markets.
The cashback can be then withdrawn with the available options in the withdrawal page.
Is it the best IC Markets cashback?
PAYBACKFX provides you the best IC Markets cashback service, starting from the cashback level and down to customer service. In case of any issues arise, we are always here to help and can even step in and help with any issues you may have with IC Markets.
|Broker Name||IC Markets|
|Operating since year||2007|
|Number of employees||50|
|Address||Level 2 Number 2 Bligh Street Sydney|
|Accepting US clients?||No|
|Account currency||USD, GBP, EUR, CHF, JPY, NZD, CAD, SGD, HKD, AUD|
|Funding/Withdrawal methods||Wire Transfer, Credit Card, Debit Card, Moneybookers, WebMoney, Neteller|
|Swap free accounts||
|Interest on margin||
|Accounts for money managers (MAM, PAMM)||
|Languages||English, Spanish, French, Japanese, Chinese|
|Availability||Phone, Chat, Email, FAX|
|Trading Platforms||MetaTrader 4, MetaTrader 5, cTrader, AutoTrade|
|Trading platform(s) timezone||(GMT +2:00) South Africa, Jerusalem|
|Web based trading||
|Trading over the phone||
|One click trading||
|Other trading instruments||Indices, Commodities, Energies, CFDs|
|Minimum lot Size||
|Maximum lot Size||
IC Markets is best known for having some of the tightest spreads in the world. In fact, our EURUSD spread has been the lowest in the world for almost two years, averaging 0.1 pips 24/5. IC Markets is able to offer market leading pricing and trading conditions through its platforms by providing clients with True ECN connectivity.
True ECN Connectivity allows you to trade on institutional grade liquidity from the world’s leading investment banks, hedge funds and dark pool liquidity execution venues. Executable Streaming Prices (ESP) are sent from IC Markets liquidity providers to our ECN environment where clients can trade with no dealing desk, price manipulation or re-quotes. Due to the diverse liquidity mix comprising of up to 50 different liquidity providers at any one time, IC Markets is the forex broker of choice for high volume traders, scalpers and robots who demand the tightest spreads and best execution.
• True ECN spreads from 0.0 pips
• Start with $200
• 500x Leverage
• Micro lot trading
• 77 currencies, metals and CFDs
• ASIC regulated and segregated funds