IC Markets Sign Up Bonus
IC Markets Review
Table of Contents
Bonuses on IC Markets
If you want to open a real account with the broker, IC Markets does not offer a welcome bonus; this includes no-deposit bonuses as well as deposit bonuses.
👉In this regard, the regulators recommend offering competitive trading conditions to encourage the opening of new accounts, such as low commissions and tight spreads, in the interests of traders.
👉When a client opens an account with a broker, they are able to trade currency pairs, for which some expense will be incurred. The broker is simply rewarding the trader’s choice and giving back all or some of these expenses.
Brokers regulated by ASIC (Australian Securities and Investment Commission) are required to avoid offering bonuses to customers as part of a long-term effort to improve customer protection.
Generally, trading bonuses are offered to traders as a means of rewarding them for having opened an account with a particular broker.
👉Brokers operating under the auspices of European regulators are however prohibited from offering bonuses to new and existing clients.Brokers will therefore compete on lower commissions and tighter spreads, as well as offering more competitive trading conditions.
Referral Bonuses at IC Markets
By referring a “friend” to a broker, existing traders of a given broker can earn greater rewards. The trader will be compensated by the broker when the friend actually opens an account with the broker.
Referral bonuses are available through IC Markets’ partnership program. The IC Markets Introducing Broker program remunerates introducers of all sizes through ongoing commissions based on the volume of referred clients.
👉 In order to maximize partner referrals and commissions, the IB program offers the following features:
- Easy client onboarding.
- Commissions paid into a trading account in real time.
- Marketing materials in multiple languages.
- Comprehensive tracking of clicks, impressions, and registrations.
ICMarkets Pros and Cons
|✔️ Pros||❌ Cons|
|Comprehensive and competitive trading conditions despite lack of bonuses and rewards||No broker bonuses, welcome bonus, no-deposit bonus offered with first time sign-up|
|Broker does not offer a referral bonus|
|No trading bonus available for loyal customers|
IC Markets does not offer any bonuses to new traders, nor does it reward loyal customers but they do offer favorable trading conditions for both beginner and expert traders.
Which live trading accounts does IC Markets offer?
- cTrader Account: for the more advanced trader
- Raw Spread Account: a most popular account
- Standard Account: for the beginner trader
- Islamic Account: swap-free accoun
For a live trading account, what currencies are available for deposit?
Is IC Markets offering a demo account?
Yes, the IC Markets Demo Account is a free demo account available to beginners for training purposes