Every figure on this page links to the IC Markets page it came from. Where IC Markets publishes nothing, we say so and score it zero.
One benchmark instrument per market, in IC Markets's own units and on its own basis. Metals are below.
All pages read live on 27 September 2026 from IC's own sites: ic.com (global, Raw Trading Ltd, FSA), icmarkets.eu (CySEC) and cdn.icmarkets.com.au (ASIC PDS). No archived copies were needed. Swap figures come only from the CySEC site, as in the existing gold record.
| Raw Spread | 0.1 pips spreadaverage (IC states no averaging window)IC's own global spread table prints 0.01 in the Raw AVG column for EURUSD, a tenth of the 0.1 its prose states twice; the same row's Standard AVG (0.1) is below its Standard MIN (0.8), so the row looks misaligned. We use the prose figure and publish the table as a contradiction. The CySEC site shows a Raw average of 0.06. | $7 commission, round turn | SourceHide source“Our average EUR/USD spread is 0.1 pips, with only a small commission of $3.50 per lot payable per side.” “SYMBOL | DESCRIPTION | MIN | AVG | MIN | AVG … EURUSD | Euro vs United States Dollar | 0 | 0.01 | 0.8 | 0.1 | Major | Raw Spread Account | Standard Account” “IC's spreads are among the lowest across all major and minor currency pairs. In particular, our average EUR/USD spread* of 0.1 pips is one of the lowest in the world.” “EURUSD | Euro vs United States Dollar | Raw Spread Account | MIN: 0 | AVG: 0.06 | Standard Account | MIN: 0.80” |
|---|---|---|---|
| Standard | 0.8 pips spreadminimum (IC publishes no usable Standard average)The global table's Standard AVG cell for EURUSD reads 0.1, below its own Standard MIN of 0.8, so it cannot be an average for this account. The CySEC site prints a Standard MIN of 0.80 and no Standard average. Only the minimum is usable; it is not what anyone trades at. | No commission | SourceHide source“Account | Standard | Trading Platform | MetaTrader | Commission | (per lot per side) | $0 | Spreads from | (pips) | 0.8” “EURUSD | Euro vs United States Dollar | 0 | 0.01 | 0.8 | 0.1 | Major | Raw Spread Account | Standard Account” |
| Leverage · FSA (Seychelles) | 1:5000Tiered by position size: 1:5000 up to 25 lots, 1:3000 to 50, 1:1000 to 100, 1:500 above. Under Higher Margin Requirements (end of day, major news, weekends) it is 1:200 at every tier. | SourceHide source“Forex CFDs | Max Leverage | Higher Margin Requirements | Instrument | 0-25 Lots | 25-50 Lots | 50-100 Lots | 100+ Lots | … FX Major/Minor | 1:5000 | 1:3000 | 1:1000 | 1:500 | 1:200 | 1:200 | 1:200 | 1:200” | |
| Leverage · CySEC | 1:30 | SourceHide source“For Retail Clients: • 30:1 for major currency pairs. • 20:1 for non-major currency pairs, gold, and major equity indices. • 10:1 for commodities other than gold. • 2:1 for cryptocurrencies.” | |
| Leverage · ASIC | 1:30 | SourceHide source“• 30:1 for a major currency pair - 3.33% of the notional value of the CFD at the time it is issued to you; • 20:1 for a minor currency pair, gold, or a major stock market index - 5% of the notional value of the CFD at the time it is issued to you; • 10:1 for a commodity (other than gold), or a minor stock market index - 10% of the notional value of the CFD at the time it is issued to you; • 2:1 for cryptocurrencies (formerly referred to as “cryptoassets”) - 50% of the notional value of the CFD at the time it is issued to you; • 5:1 for securities, or any other assets not referred to above - 20% of the notional value of the CFD at the time it is issued to you.” | |
| Raw Spread | 0.492 points spreadaverage (no averaging window stated)The spreads page table has no unit; IC's own FSA specification sheet labels index spreads in index points, which we apply. The sheet's US500 average (0.31) differs from the page's (0.492); the page is used as the fuller, more current table. One table row covers all accounts. | No commission | SourceHide source“SYMBOL | DESCRIPTION | MIN | AVG … US500 | US SPX 500 Index | 0.200 | 0.492 | All Accounts” “Symbol Minimum spread (Index Point) Average spread (Index Point) … US500 0.20 0.31 0.5% 0% variable 0.1 250 0.01 Index Point USD” “US500 | US SPX 500 Index | All Accounts | MIN: 0.20 | AVG: 0.36” |
|---|---|---|---|
| Standard | 0.492 points spreadaverage (no averaging window stated)The indices table is headed “All Accounts”. | No commission | SourceHide source“US500 | US SPX 500 Index | 0.200 | 0.492 | All Accounts” |
| Leverage · FSA (Seychelles) | 1:2000IC contradicts itself. Its tier table puts major indices at 1:2000 (0-25 lots); the product card on the same page, the indices page and the specification sheet's 0.5% margin all say 1:200. Both are published; we do not reconcile them. US500 is assumed to be a “Major Index” — IC does not list which indices are major. | SourceHide source“Indices CFDs | Max Leverage | Higher Margin Requirements | Instrument | 0-25 Lots | 25-50 Lots | 50-100 Lots | 100+ Lots | … Major Indices | 1:2000 | 1:1000 | 1:500 | 1:100 | 1:500 | 1:200 | 1:100 | 1:50” “Indices | Max Leverage | 1:200 | Trade Global indices like US 30, S&P 500 and UK100.” “25 Indices to trade from | Leverage up to 1:200” “US500 0.20 0.31 0.5% 0% variable 0.1 250 0.01 Index Point USD” | |
| Leverage · CySEC | 1:20 | SourceHide source“For Retail Clients: • 30:1 for major currency pairs. • 20:1 for non-major currency pairs, gold, and major equity indices. • 10:1 for commodities other than gold. • 2:1 for cryptocurrencies.” | |
| Leverage · ASIC | 1:20 | SourceHide source“• 30:1 for a major currency pair - 3.33% of the notional value of the CFD at the time it is issued to you; • 20:1 for a minor currency pair, gold, or a major stock market index - 5% of the notional value of the CFD at the time it is issued to you; • 10:1 for a commodity (other than gold), or a minor stock market index - 10% of the notional value of the CFD at the time it is issued to you; • 2:1 for cryptocurrencies (formerly referred to as “cryptoassets”) - 50% of the notional value of the CFD at the time it is issued to you; • 5:1 for securities, or any other assets not referred to above - 20% of the notional value of the CFD at the time it is issued to you.” | |
| Raw Spread | 0.034 (no unit given) spreadaverage (no averaging window stated)No unit on the page. Read as a price difference it is 3.4 cents a barrel ($3.40 a 100-barrel lot), but IC never says so. The specification sheet gives 0.26 “pips”, which does not reconcile with the page and whose gold figure (0.63) is also far from the page's 0.09, so the sheet looks stale. | No commission | SourceHide source“SYMBOL | DESCRIPTION | MIN | AVG … XTIUSD | WTI Crude Oil Spot vs United States Dollar | 0.030 | 0.034 | All Accounts” “Currency Code Currency Pair Minimum Spread (pips) Average Spread (pips) … XTIUSD Crude Oil in Dollar 0.00 0.26” “XTIUSD | WTI Crude Oil Spot vs United States Dollar | 0.01 | 0.03 | 12.910 | -21.306” |
|---|---|---|---|
| Standard | 0.034 (no unit given) spreadaverage (no averaging window stated)The commodities table is headed “All Accounts”. | No commission | SourceHide source“XTIUSD | WTI Crude Oil Spot vs United States Dollar | 0.030 | 0.034 | All Accounts” |
| Leverage · FSA (Seychelles) | 1:1000Contradiction: the tier table says 1:1000 up to 25 lots, the product card and the specification sheet say 1:500. HMR for energies also covers “EIA/API inventory reports, geopolitical supply events”, when it drops to 1:200. | SourceHide source“Energies CFDs | Max Leverage | Higher Margin Requirements | Instrument | 0-25 Lots | … XBRUSD, XTIUSD | 1:1000 | 1:500 | 1:200 | 1:100 | 1:200 | 1:100 | 1:50 | 1:20” “Energies | Max Leverage | 1:500 | Trade global energy markets including Brent, WTI and natural gas.” “Basic Information - Spot Energies (XTI, XBR & XNG) … Min leverage 1:1 Max leverage 1:500” | |
| Leverage · CySEC | 1:10 | SourceHide source“For Retail Clients: • 30:1 for major currency pairs. • 20:1 for non-major currency pairs, gold, and major equity indices. • 10:1 for commodities other than gold. • 2:1 for cryptocurrencies.” | |
| Leverage · ASIC | 1:10 | SourceHide source“• 30:1 for a major currency pair - 3.33% of the notional value of the CFD at the time it is issued to you; • 20:1 for a minor currency pair, gold, or a major stock market index - 5% of the notional value of the CFD at the time it is issued to you; • 10:1 for a commodity (other than gold), or a minor stock market index - 10% of the notional value of the CFD at the time it is issued to you; • 2:1 for cryptocurrencies (formerly referred to as “cryptoassets”) - 50% of the notional value of the CFD at the time it is issued to you; • 5:1 for securities, or any other assets not referred to above - 20% of the notional value of the CFD at the time it is issued to you.” | |
| Raw Spread | 12.01 (no unit given) spreadaverage (no averaging window stated)No unit given; read as a price difference it would be about $12 per bitcoin, but IC does not say so. The CySEC site's average (6.46) is about half the global one. | No commission | SourceHide source“SYMBOL | DESCRIPTION | MIN | AVG | … BTCUSD | Bitcoin vs United States Dollar CFD | 12 | 12.01” “BTCUSD | Bitcoin vs United States Dollar CFD | All Accounts | MIN: 1.85 | AVG: 6.46” |
|---|---|---|---|
| Standard | 12.01 (no unit given) spreadaverage (no averaging window stated)The crypto table has a single column set covering all accounts. | No commission | SourceHide source“BTCUSD | Bitcoin vs United States Dollar CFD | 12 | 12.01” |
| Leverage · FSA (Seychelles) | 1:5001:500 on MetaTrader; the crypto page caps cTrader and TradingView at 1:300. | SourceHide source“Crypto CFDs | BTC | Tier | Max Leverage | Higher Margin Requirements | <= 49.99 Lots | 1:500 | 1:200 | >50 Lots | 1:300 | 1:200” “BTCUSD | Up to | 1:500 | leverage for positions below 50 lots net exposure | 1:300 | leverage for positions above 50 lots net exposure” | |
| Leverage · CySEC | 1:2 | SourceHide source“For Retail Clients: • 30:1 for major currency pairs. • 20:1 for non-major currency pairs, gold, and major equity indices. • 10:1 for commodities other than gold. • 2:1 for cryptocurrencies.” | |
| Leverage · ASIC | 1:2 | SourceHide source“• 30:1 for a major currency pair - 3.33% of the notional value of the CFD at the time it is issued to you; • 20:1 for a minor currency pair, gold, or a major stock market index - 5% of the notional value of the CFD at the time it is issued to you; • 10:1 for a commodity (other than gold), or a minor stock market index - 10% of the notional value of the CFD at the time it is issued to you; • 2:1 for cryptocurrencies (formerly referred to as “cryptoassets”) - 50% of the notional value of the CFD at the time it is issued to you; • 5:1 for securities, or any other assets not referred to above - 20% of the notional value of the CFD at the time it is issued to you.” | |
| Raw Spread | 0.012 (no unit given) spreadaverage — CySEC entity's table; the global site publishes no stock spreadsic.com's spreads page has no stocks table; this is icmarkets.eu's figure for the same symbol. No unit is given; read as price it is 1.2 cents a share. | Commission not published | SourceHide source“AAPL.NAS | All Accounts | MIN: 0.01 | AVG: 0.012 | Swaps (% of price) | Long Position: -5.930 | Short Position: 0.930 | US Shares” |
|---|---|---|---|
| Standard | 0.012 (no unit given) spreadaverage — CySEC entity's table (“All Accounts”) | Commission not published | SourceHide source“AAPL.NAS | All Accounts | MIN: 0.01 | AVG: 0.012” |
| Leverage · FSA (Seychelles) | 1:201:20 in the core session only; 1:10 in the pre-close window and 1:5 in the final auction. | SourceHide source“.NAS … 1 Share 0.1 1000 0.1 1000 0.01 USD 1:20 5%” “Stock CFDs | US Stocks | Tier | Max Leverage | Higher Margin Requirements | 16:35-21:55 | Core session | 1:20 | 21:55-22:40 | Pre-close window | 1:10 | 22:40-22:55 | Final auction | 1:5” | |
| Leverage · CySEC | Not publishedIC's EU leverage policy lists retail caps for currencies, gold, indices, other commodities and crypto, but none for shares. | Not published | |
| Leverage · ASIC | 1:5 | SourceHide source“• 30:1 for a major currency pair - 3.33% of the notional value of the CFD at the time it is issued to you; • 20:1 for a minor currency pair, gold, or a major stock market index - 5% of the notional value of the CFD at the time it is issued to you; • 10:1 for a commodity (other than gold), or a minor stock market index - 10% of the notional value of the CFD at the time it is issued to you; • 2:1 for cryptocurrencies (formerly referred to as “cryptoassets”) - 50% of the notional value of the CFD at the time it is issued to you; • 5:1 for securities, or any other assets not referred to above - 20% of the notional value of the CFD at the time it is issued to you.” | |
IC's help centre separately answers “1 pip”, which does not match its own spreads page; we use the table. IC states no averaging window, so this average is not strictly comparable with one that does.
“XAUUSD | Gold vs United States Dollar | 0.05 | 0.09 | 0.1”
“you enter a trade to go long (buy) 5 units/lots (1 Lot = 100 contracts) in XAUUSD (gold) with 9 points spread (as shown on the platform). One point is the one-unit change in the last decimal in which the price of a CFD is quoted (in this case the second decimal) i.e., the spread is 0.09 (9 points x 0.01).”
“What is the average spread on gold? On our Raw Spread Account, the average spread on gold is 1 pip. Detailed information can be found on our spreads page.”
“Basic Information - Gold … Commission (Raw Spread): 7AUD, 7CAD, 6.60CHF, 5.5EUR, 5GBP, 27.125HKD, 650JPY, 9NZD, 9SGD, 7USD per round turn lot”
“IC Markets applies commissions in Forex and Precious Metals and the rates vary by trading account type. … Standard Lot Commission (1 Lot): USD 3.50 (USD 7.0 round turn)”
IC's global site publishes no numeric gold swap at all and sends traders to the platform. These are its CySEC entity's figures, which move daily.
“XAUUSD | Gold vs United States Dollar | 0.00 | 0.08 | 1 | -60.517 | 42.133”
“you enter a trade to go long (buy) 5 units/lots (1 Lot = 100 contracts) in XAUUSD (gold) with 9 points spread (as shown on the platform). One point is the one-unit change in the last decimal in which the price of a CFD is quoted (in this case the second decimal) i.e., the spread is 0.09 (9 points x 0.01).”
“On Wednesday night swaps for FX, Metals, Bonds and CFDs on Commodities are charged a triple rate the usual rate.”
A minimum is not what anyone trades at, so this account is not costed.
“XAUUSD | Gold vs United States Dollar | 0.05 | 0.09 | 0.1”
“Account: Standard | Trading Platform: MetaTrader | Commission (per lot per side): $0 | Spreads from (pips): 0.8”
IC's global site publishes no numeric gold swap at all and sends traders to the platform. These are its CySEC entity's figures, which move daily.
“XAUUSD | Gold vs United States Dollar | 0.00 | 0.08 | 1 | -60.517 | 42.133”
“you enter a trade to go long (buy) 5 units/lots (1 Lot = 100 contracts) in XAUUSD (gold) with 9 points spread (as shown on the platform). One point is the one-unit change in the last decimal in which the price of a CFD is quoted (in this case the second decimal) i.e., the spread is 0.09 (9 points x 0.01).”
“On Wednesday night swaps for FX, Metals, Bonds and CFDs on Commodities are charged a triple rate the usual rate.”
“Contract size (MT4 Volume 1.00): 100 | Minimum Lot Size: 1 Oz (MT4 Volume 0.01) | Maximum Lot Size: 10,000 Oz (MT4 Volume 100)”
“Minimum Lot Size: 1 Oz (MT4 Volume 0.01)”
Gold opens an hour after the currency market, which runs from 00:01.
“XAU/USD | 01:02 - 23:59 (Friday: 01:02 - 23:57) … Please note that IC's server time and charts are GMT+2 or GMT+3 (when daylight savings is in effect).”
“We have some of the best trading conditions for scalping and high frequency trading globally, allowing traders to place orders between the spread as there is no minimum order distance and a freeze level of 0.”
“Hedging allowed: Yes”
“Scalping allowed: Yes”
Swap-free replaces the swap on gold with a flat holding fee of $67 a lot a night, the highest here.
“Swap free accounts do not pay or earn swap or interest on trading instruments, however, a holding fee will be applicable for holding open positions overnight. … XAUUSD | 67 | Metal”
Leverage on gold is set by the company you are actually onboarded to, not by the brand. A broker can offer 1:1000 through one entity and a fraction of that through another, for the same instrument on the same day.
IC's own specification sheet still says 1:1000, which looks to pre-date the tiered scheme. The top rate is also withdrawn at weekends and around news, so read it with the leverage windows below.
“Metal CFDs — Instrument: Gold (XAU) | 1:2000 | 1:1000 | 1:500 | 1:100 | 1:200 | 1:100 | 1:50 | 1:50 (Max Leverage tiers 0-25 / 25-50 / 50-100 / 100+ Lots, then the same tiers under Higher Margin Requirements)”
“Margin initial: 100.0 | Margin hedge: 50.0 | Hedging allowed: Yes | Scalping allowed: Yes | Min leverage: 1:1 | Max leverage: 1:1000”
Gold is grouped with non-major currency pairs at 1:20, and separated from other commodities, which get 1:10.
“For Retail Clients: • 30:1 for major currency pairs. • 20:1 for non-major currency pairs, gold, and major equity indices. • 10:1 for commodities other than gold.”
“20:1 for a minor currency pair, gold, or a major stock market index - 5% of the notional value of the CFD at the time it is issued to you”
A broker is holding your own money rather than paying you a share of profit, so the only question is how easily it comes back.
IC Markets advertises withdrawals as free, and then reserves the right to charge in its own client agreement where a deposit was not traded. Both the claim and the clause are quoted below.
No IC fee on deposits or withdrawals — but IC reserves a processing fee where deposits were not used for trading, and international bank wires may attract intermediary/beneficiary fees.
“IC does not charge additional fees for deposits and/or withdrawals. However, you should be aware that additional fees may occur at some banking institutions. IC is not responsible for any additional bank charges.”
“Funds in your trading account(s) are intended solely for trading purposes. Therefore, a processing fee may be applied to your withdrawal if your deposits have not been utilised for trading.”
“Withdrawal requests cut off time is 12:00 AEST/AEDT. If your withdrawal is submitted before this time it will be processed on the day of receipt. If your withdrawal is submitted after this time it will be processed on the following business day.”
“Withdrawals must be made to the same e-wallet account from which the original deposit was received. No internal withdrawal fees are charged. Any fees applied by the e-wallet provider are not the responsibility of the Company. ... This applies to all supported e-wallets, including but not limited to Neteller, Skrill and PayPal.”
“Under the Anti -Money Laundering Act 2020 of Financial Services Authority of Seychelles, IC is required to verify your identity before opening a trading account for you. Identification must be provided in the form of photo ID and proof of address to enable us to verify your identity.”
“How long does it take to approve my account application? Account verification usually takes a few minutes but can take a couple of hours in some cases.”
How easily your own money comes back, scored separately from what gold costs here.
Advertised as free, but the broker's own client agreement reserves the right to charge where a deposit was not traded.
same day if requested before 12:00 AEST/AEDT, otherwise the following business day
13 published methods.
The broker publishes nothing either way.
4.8 from 56,616 reviews.
Charges for leaving the account alone scores zero because the firm publishes nothing we could read. Nothing is filled in with a guess.
This score is about getting paid, not about trading rules. It is never averaged into the Freedom Score: a firm can have the most generous rules on the board and still be the hardest place to get money out of.
Every figure comes from IC Markets’ own pages, quoted above with a link. Tracked since 20 Sep 2026.
Figures here come from whichever of the three sites publishes them, and each row says which.
Spread$0.09 an ounce × 100 oz$9
Commission, round turn$6
One round turn$15
Intraday trades a month40
Gold Cost Index · one lot a month$600
Spread$0.12 an ounce × 100 oz$12
Commission, round turn$7
One round turn$19
Intraday trades a month40
Gold Cost Index · one lot a month$760
Where the broker published a figure at all, we print it in the broker's own units and leave it there. Converting an undefined unit would mean guessing, and a guess here changes the answer by a factor of ten.
