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Tag: account opening

Posted on February 1, 2025March 23, 2025

Process of Opening IC Markets

High-Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. They may not be suitable for you, so please ensure that you fully understand the risks involved and seek independent advice if necessary.

No Solicitation: This website does not constitute a solicitation of funds or an offer to provide investment advisory services. Any information provided on this entire page is for informational purposes only.


Step 1: Visit https://www.icmarkets.com/global/en/open-trading-account/live

Step 2: Fill in the details. Under referrer ID, please use 83515.

Step 3: Once an account is created, scroll to the Circle icon on your top right, select “Upload documents”.

Upload your government photo ID, proof of residence and bank statement.

ICMarkets has very strict anti-money laundering policies so your identity must be verified.

Step 4: Create a MT4 account with USD currency.

Account type: Raw
Leverage: 1:500 or 1,100

TAKE NOTE:
Your IC Markets login ID and password is different from your MT4 account’s. IC Markets login credentials are used to create/close MT4 accounts and deposit/withdrawal/transfer of funds.

For MT4 account, it is used for trading purposes. The login is your account number and server.

Step 5: Fund it with USD either with credit card, debit card or bank transfer. I use Wise.

You’re done!

If you face problems, do email support@icmarkets.com / accounts@icmarkets.com.

EXTRA INFORMATION:

Withdrawing Your Original Deposit

If you deposit $10,000 into IC Markets using a credit card, cryptocurrency, debit card, or bank transfer, you must withdraw the full $10,000 first. IC Markets doesn’t separate your profits or losses—it only looks at your account balance.

Example: You deposit $10,000 and earn a $1,000 profit. Even with the profit, the first $10,000 you withdraw must go back to the same credit/debit card (or original payment method) you used to deposit.

Withdrawing Profits
After you’ve withdrawn the full original $10,000, any remaining amount (like profits) can be withdrawn by bank transfer OR the original credit card used.

You cannot send profits to a different credit card.

Using a debit card is recommended for easier access to your funds.

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