IC Markets Free Demo Account
Practise on an IC Markets demo account with virtual funds before you deposit anything. Expires after 30 days of inactivity.
ASIC and CySEC-regulated forex and CFD broker with spreads from 0.0 pips and a $200 minimum deposit.
Founded 2007Mahé, SeychellesASIC, CySEC, Seychelles FSA, Bahamas SCB, Kenya CMA
IC Markets does not have a promo code we have verified at the moment, and we do not publish codes we cannot confirm. The standing saving is the free demo account, which costs nothing and is the sensible first step. This page is updated whenever an offer changes, so it is the place to check before you open an account.
Practise on an IC Markets demo account with virtual funds before you deposit anything. Expires after 30 days of inactivity.
IC Markets offers a free demo account (expires after 30 days of inactivity). It is the cheapest way to test the platform, spreads and execution before any promotion matters, because it costs nothing and does not commit you to a deposit.
IC Markets is a forex and CFD broker founded in 2007 and headquartered in Mahé, Seychelles. It is regulated by ASIC, CySEC, Seychelles FSA, Bahamas SCB and Kenya CMA, which is the first thing worth checking before any promotion, because a licence decides what protection your money has and what kind of offers the broker is even allowed to run. The operating company is Raw Trading Ltd.
Spreads start from 0.0 pips, with commission of $3.50 per side / $7 round turn (Raw Spread MetaTrader) on the raw or commission-based accounts. The minimum deposit is $200. Leverage goes up to 1:30 retail under ASIC/CySEC; higher under international entities, which depends on the entity you sign up with and the rules of your regulator. Markets on offer cover forex, commodities, shares, indices, bonds, cryptocurrencies, futures, around 2,250+ instruments in total.
Trading runs on MetaTrader 4, MetaTrader 5, cTrader, TradingView. Account types include Standard, Raw Spread, cTrader Raw Spread, Islamic/Swap-Free. A swap-free Islamic account is available on request. A free demo account is offered (expires after 30 days of inactivity), which is the cheapest way to test the platform before any promotion matters.
Deposits can be made by credit/debit card, paypal, neteller, skrill, unionpay and 8 more. Withdrawal fees: None; third-party/bank charges may apply. Inactivity fee: None on Global; EU: 10 account-currency units/month after 6 months inactivity. Support is available 24/7 by live chat, email, phone.
Because IC Markets holds a licence from a regulator that restricts retail incentives, do not expect deposit bonuses or cash rewards under that entity. The offers you will usually find are the free demo account, occasional fee or commission promotions, and referral programmes, and any bonus that does appear will come from a different entity in the same group aimed at clients outside those rules.
| Feature | Details |
|---|---|
| Minimum deposit | $200 |
| Spread from | 0.0 pips |
| Average EUR/USD spread | 0.1 pips (Raw Spread) |
| Commission | $3.50 per side / $7 round turn (Raw Spread MetaTrader) |
| Maximum leverage | 1:30 retail under ASIC/CySEC; higher under international entities |
| Account types | Standard, Raw Spread, cTrader Raw Spread, Islamic/Swap-Free |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView |
| Demo account | Yes, expires after 30 days of inactivity |
| Islamic account | Yes |
| Markets | Forex, Commodities, Shares, Indices, Bonds, Cryptocurrencies, Futures |
| Deposit methods | Credit/debit card, PayPal, Neteller, Skrill, UnionPay, bank wire, Bpay, broker-to-broker and 5 more |
| Withdrawal fee | None; third-party/bank charges may apply |
| Inactivity fee | None on Global; EU: 10 account-currency units/month after 6 months inactivity |
Figures are the provider's published terms at the time of our last check and can change; the provider's own site is the final word.
OFFER Current promotions · 2 offers
FREE DEMO Free demo account
FREE DEMO Free demo account
FREE DEMO Free demo account
Not at the moment. IC Markets is not running a promo code we have been able to verify. The free demo account is free and is the best current saving. When a code is issued it will appear here.
Yes. IC Markets offers a free demo account (expires after 30 days of inactivity), which lets you test the platform with virtual funds before depositing.
Not as a rule. IC Markets holds a licence from a regulator that restricts retail incentives, so do not expect deposit bonuses or cash rewards under that entity. The free demo and any fee promotions are the offers to look for.
The minimum deposit at IC Markets is $200. It can differ by account type and by the entity you register with, so confirm it on the account page before funding.
Click "Show coupon code" on the card. The code is revealed and copied to your clipboard, and IC Markets opens in a new tab. Register or sign in, and enter the code where the broker asks for a promo or partner code during registration or deposit. The discount shows in the total before you confirm.
Not always. Offers depend on the IC Markets entity that serves your country, and brokers regulated in Australia, the UK and the EU are not allowed to give retail clients bonuses. Free demo accounts are generally available everywhere the broker accepts clients.
Trading forex, CFDs and other leveraged products involves significant risk and you can lose more than your initial deposit. FrugalFX provides general information only and does not provide investment advice. Offers are the provider's; check the terms on its site before relying on them.
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