How to deposit IC Markets
Deposit IC Markets is easy, as it offers more than 14 flexible financing options in 10 different base currencies. Deposit instantly and for free using a variety of methods.
The minimum initial deposit at IC Markets is $ 200, which means that you must first transfer this amount to your brokerage account from your bank account to start trading. This initial deposit of $ 200 is only required when creating a new account, the following deposits can be of the amount you want.
IC Markets does not charge any additional fees for deposits or withdrawals. However, you should keep in mind that you may incur fees on payments to and from some international banking institutions.
From your secure Client Area, you can deposit funds into your account in real time using Credit Card and Skrill. Deposit IC Markets instantly and free of charge using a variety of methods.
When financing your trading account, the money is kept in trust accounts of segregated clients in National Australia Bank (NAB) and Westpac Banking Corporation (Westpac), both are Australian banks rated AA. Electronic payments are processed using SSL (Secure Socket Layer) technology and encrypted to ensure security. All payment information is confidential and is used only for the purpose of financing your trading account with IC Markets.
Steps to deposit at IC Markets
The specific process of sending your deposit to IC Markets may vary slightly from the following, but generally the process involves the following steps:
Step 1: Open your broker account
At IC Markets, you can open your business account online. To open an account, you must provide your personal information, such as your date of birth or employment status, and there is usually also proof of your financial knowledge. The last step to open the account is the verification of your identity and residence. For this verification, you should generally upload a copy of your identification card and a document that validates your proof of residence, for example, a bank statement. You can find more information here.
Step 2: Make the deposit
You must first log in to your already opened business account and look for the deposit interface. After this, select one of the deposit methods that the broker admits, enter the deposit amount and make the deposit.
Step 3: Review your transaction
Depending on the method you choose, it may take a couple of days for your deposit to appear in your brokerage account. When it happens, brokers generally send you an email to confirm receipt of the deposit.