IC Markets Commission: Types, Rates & Trading Impact

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IC Markets commission is a trading fee applied to certain account types and trade executions. It directly impacts your overall trading costs, profitability, and strategy by influencing spreads, order execution, and cost per trade. Understanding these commissions is essential for optimizing your trading performance and increasing profits.

For traders who want to make better financial decisions, understanding IC Markets and its affiliate commission rates is important. The broker has different commission models that affect costs and trading strategies. Affiliates who partner with IC Markets often benefit from competitive commission rates, which is why many find it rewarding to work with them.

Additionally, traders should take the time to understand the IC Markets commission type that applies to their account. Whether using a Raw Spread or Standard account, the commission structure directly affects how much traders pay per trade. Choosing the right account can help traders reduce fees and boost profits, ensuring they get the most out of their trading experience.

What is the IC Markets commission?

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When trading on IC Markets, commissions are charged on Raw Spread and cTrader accounts. Unlike spread-based accounts, these accounts use a fixed commission per trade, which leads to tighter spreads and improved trading conditions — especially for scalpers and high-frequency traders. To estimate costs accurately, traders can use the IC Markets commission calculator, so they can calculate costs based on how much they trade.

In addition, understanding the full IC Markets deposit process can help traders better manage funding costs, payment methods, and account setup before they start trading.

For those using commission-based accounts, it’s useful to understand how much IC Markets charges commissions per lot. The broker applies a fixed rate per trade, so traders know exactly what they’re paying. Being aware of the charges makes it easier to track costs and plan trades wisely.

TU expert advice

For traders looking to earn extra money alongside their trading, IC Markets provides an affiliate commission program where partners can make money by referring new traders to the platform. This system offers a commission on every successful referral, making it a great way to supplement trading income with an IC Markets broker trusted for its fair pricing and clear fee structure.

Types of commission on IC Markets

IC Markets offers different types of commission structures based on account type and platform. Below is a comparative table summarizing these commissions:

Types of commission
Account type	Commission rate	Spreads	Platform
Standard account	No commission (spread-only)	Higher	MetaTrader 4/5
Raw spread account	$3.50 per lot per side ($7 round trip)	Low	MetaTrader 4/5
cTrader account	$3.00 per lot per side ($6 round trip)	Low	cTrader

For traders looking to minimize costs, IC Markets offers a raw spread with a transparent commission structure. This pricing model allows traders to benefit from tight spreads while paying a raw spread commission that ensures lower trading fees. This is particularly useful for scalpers and high-frequency traders who rely on low-cost execution.

When considering fees, the IC Markets commission per lot varies depending on the account type. The Standard account has no commission and is based solely on spreads, while the Raw spread account charges $3.50 per lot per side, totaling $7 per round trip. Meanwhile, traders using the cTrader account enjoy a slightly lower rate of $3.00 per lot per side, or $6 per round trip.

How commission affects your trading

Commission fees influence your trading strategy in several ways:

Scalping strategies. Traders who execute multiple trades per day may see commissions accumulate, impacting overall profitability.
Swing trading. Longer-term traders might find commission-based accounts more cost-effective due to lower spreads.
Algorithmic trading. Traders using automated strategies must factor in commission costs when backtesting performance.
High-Frequency trading (HFT). Commission fees are a major consideration, as frequent trades can add up quickly.

To stay profitable, traders should keep an eye on the commission structure at IC Markets, as in some cases, those with higher trade volumes may qualify for a discount, helping them reduce overall trading costs and improve profitability.

How to calculate commission on IC Markets?

Calculating the commission on IC Markets is straightforward. Follow these steps:

Choose your account type – Raw Spread (MetaTrader 4/5) or cTrader.
Identify the commission rate – $3.50 per lot per side for MetaTrader, $3.00 per lot per side for cTrader.
Determine your trade size – commission is charged per standard lot (100,000 units of currency).
Multiply commission per side by trade size – example: trading 2 lots on the Raw spread account costs $7 x 2 = $14 round trip.
Use an IC Markets commission calculator – this tool simplifies commission calculations for different trading volumes.

Commission for partners and affiliates

IC Markets provides a structured commission model for affiliates and introducing brokers:

Commission for partners and affiliates

Tier 1: $2 per lot for up to 500 lots traded monthly
Tier 2: $3 per lot for 500-1000 lots traded monthly
Tier 3: $4 per lot for 1000+ lots traded monthly
VIP Partner Program: Custom commission rates for high-volume affiliates

With an attractive IC Markets affiliate commission structure, partners can earn significant revenue based on referral trading volumes.

Commission discounts and benefits

IC Markets offers several ways to reduce commission costs:

High-volume trading discounts. Traders with large monthly trading volumes may receive rebates.
Institutional trading accounts. Special pricing for hedge funds and money managers.
Referral programs. Traders who refer new clients may receive cashback on commissions.
Seasonal promotions. Occasional discounts on commissions during special events.

For those looking to earn more from referrals, it's important to know how IC Markets sets its affiliate commission rates. The broker provides a clear commission structure, so affiliates get paid depending on how much their referrals trade. Understanding these rates can be useful in helping them find ways to boost their commissions and get the best results from the program.

Expert opinion

When evaluating IC Markets' commission structure, traders must align their strategy with the fee model. Scalpers and algorithmic traders benefit from tight spreads and fixed commissions, whereas casual traders might prefer a spread-based model. Understanding your trading frequency and cost structure is key to maximizing profitability. The IC Markets affiliate commission rates also provide excellent opportunities for those looking to generate passive income.

Final thoughts

IC Markets commission fees are competitive, transparent, and tailored to different trading styles. Whether you trade frequently or hold positions long-term, understanding how commissions affect your trades is crucial. By choosing the right account type and optimizing your strategy, you can effectively manage trading costs and improve overall profitability. Additionally, traders should be aware of IC Markets withdrawal policies to ensure seamless access to their funds. Conducting a comparison of different account types will help in selecting the most cost-effective trading plan.

FAQs

Are there any hidden fees or charges on IC Markets?

No, IC Markets does not have hidden fees. All commissions, spreads, and swap rates are clearly stated on their website.

How does IC Markets compare to competitors in terms of commission rates?

IC Markets offers some of the lowest commission rates in the industry, especially on its Raw Spread and cTrader accounts. A comparison with competitors highlights its advantage in low-cost Forex trading.

Can commission fees be reduced by trading in higher volumes?

Yes, high-volume traders may qualify for rebates or reduced commission rates. Discounts are often provided to those who trade in bulk, making commission calculations crucial for profitability.

What types of commission are available on IC Markets?

IC Markets offers spread-based accounts (Standard) and commission-based accounts (Raw Spread & cTrader) with competitive pricing structures. The IC Markets commission type you choose will depend on your trading strategy and volume.

Team that worked on the article

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income.

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Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets.

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