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IC Trading fees and how they score
Cost is scored on what a trade actually costs all in, not on the headline spread. These are the figures behind IC Trading's cost score.
Facts last checked . Read the full IC Trading review.
What it costs to trade
- Spread from
- 0.0 pips
- EUR/USD spread
- Approx. 0.1 pips, Raw Spread
- GBP/USD spread
- Approx. 0.3 pips, Raw Spread
- Commission
- $3.50 per side / $7 round turn, Raw Spread
- All-in cost, EUR/USD
- Approx. 0.8 pips
- Spread type
- Variable
- Overnight swap
- Both: overnight swaps may be charged or credited; triple swap Wednesday
- Deposit fee
- None internally
- Withdrawal fee
- Generally none internally; payment-provider/bank charges may apply
- Currency conversion
- Conversion at applicable exchange rate
What this means
Cost is scored on what a trade actually costs all in, not on the headline spread.
A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
IC Trading lists a minimum deposit of $200. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Questions about IC Trading fees
What is the EUR/USD spread at IC Trading?
IC Trading records an average EUR/USD spread of approx. 0.1 pips, Raw Spread on a variable pricing model.
Does IC Trading charge commission?
IC Trading's commission is $3.50 per side / $7 round turn, Raw Spread. A commission account usually pairs with a tighter spread, so the two have to be read together.
What does IC Trading charge to hold a position overnight?
Overnight financing at IC Trading is recorded as both: overnight swaps may be charged or credited; triple swap Wednesday.
Fees at brokers under the same regulator
- TabTrade fees also licensed by FSC (Mauritius)
- Eightcap fees also licensed by FSC (Mauritius)
- Exness fees also licensed by FSC (Mauritius)
- HF Markets fees also licensed by FSC (Mauritius)
- FXTM fees also licensed by FSC (Mauritius)