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Forex Trading Commissions & Spreads

Forex Spreads

Our typical forex spreads are illustrated below. Spreads can go as low as 0.0 pips on MetaTrader 4 True ECN platform and as low as -0.3 on the cTrader platform.

Currency Code Currency Pair Standard Account MetaTrader4, MetaTrader5 True ECN Account MetaTrader4, MetaTrader5 ECN Account cTrader
  Min Avg Min Avg Min Avg
EUR/USD Euro vs United States Dollar 1 1.1 0 0.1 0 0.1
USD/JPY United States Dollar vs Japanese Yen 1 1.3 0 0.3 0 0.3
AUD/USD Australian Dollar vs United States Dollar 1 1.5 0 0.5 0 0.5
GBP/USD British Pound vs United States Dollar 1 1.5 0 0.5 0 0.5
USD/CAD United States Dollar vs Canadian Dollar 1 1.6 0 0.6 0 0.6
USD/CHF United States Dollar vs Swiss Franc 1 1 7 0 0.4 0 0.7
EUR/USD Euro vs United States Dollar 1 1.1 0 0.1 0 0.1
USD/JPY United States Dollar vs Japanese Yen 1 1.3 0 0.3 0 0.3
AUD/USD Australian Dollar vs United States Dollar 1 1.5 0 0.5 0 0.5
GBP/USD British Pound vs United States Dollar 1 1.5 0 0.5 0 0.5
USD/CAD United States Dollar vs Canadian Dollar 1 1.6 0 0.6 0 0.6
USD/CHF United States Dollar vs Swiss Franc 1 1.7 0 0.4 0 0.7
AUD/CAD Australian Dollar vs Canadian Dollar 1 2.3 0 1 0 1.3
AUD/CHF Australian Dollar vs Swiss Franc 1 1.9 0 1.1 0 0.9
AUD/JPY Australian Dollar vs Japanese Yen 1 1.5 0 0.6 0 0.5
AUD/NZD Australian Dollar vs New Zealand Dollar 1 2.4 0 1.4 0 1.4
AUD/SGD Australian Dollar vs Singapore Dollar 1 3.2 0 2.2 0 2.2
CAD/CHF Canadian Dollar vs Swiss Franc 1 2.5 0 1.1 0 1.5
CAD/JPY Canadian Dollar vs Japanese Yen 1 1.9 0 0.6 0 0.9
CHF/JPY Swiss Franc vs Japanese Yen 1 1.4 0 1 0 0.4
CHF/SGD Swiss Franc vs Singapore Dollar 1 5 0 4 0 4
EUR/AUD Euro vs Australian Dollar 1 1.8 0 1.1 0 0.8
EUR/CAD Euro vs Canadian Dollar 1 2.7 0 1.3 0 1.7
EUR/CHF Euro vs Swiss Franc 1 2 0 1.1 0 1
EUR/DKK Euro vs Danish Kroner 1 1.5 0 5 0 5
EUR/GBP Euro vs British Pound 1 1.5 0 0.4 0 0.5
EUR/HKD Euro vs British Pound 1 9.5 0 8.5 0 8.5
EUR/JPY Euro vs Japanese Yen 1 1.5 0 0.6 0 0.5
EUR/NOK Euro vs Norwegian Kroner 1 53.1 0 52.1 0 52.1
EUR/NZD Euro vs New Zealand Dollar 1 3 0 2.6 0 2
EUR/PLN Euro vs Polish Zloty 1 10.1 0 9.1 0 9.1
EUR/SEK Euro vs Swedish Krona 1 13.2 0 12.2 0 12.2
EUR/SGD Euro vs Singapore Dollar 1 2.9 0 1.9 0 1.9
EUR/TRY Euro vs Turkish Lira 1 9.8 0 8.8 0 8.8
EUR/ZAR Euro vs South African Rand 1 102.2 0 101.2 0 101.2
GBP/AUD British Pound vs Australian Dollar 1 1.6 0 1.9 0 0.6
GBP/CAD British Pound vs Canadian Dollar 1 3 0 2.1 0 2
GBP/CHF British Pound vs Swiss Franc 1 2.1 0 2.1 0 1.1
GBP/DKK British Pound vs Danish Kroner 1 13 0 12 0 12
GBP/JPY British Pound vs Japanese Yen 1 1.8 0 0.9 0 0.8
GBP/NOK British Pound vs Norwegian Kroner 1 56.8 0 55.8 0 55.8
GBP/NZD British Pound vs New Zealand Dollar 1 4 0 3.7 0 3
GBP/SEK British Pound vs Swedish Krona 1 19.3 0 18.3 0 18.3
GBP/SGD British Pound vs Singapore Dollar 1 4.1 0 3.1 0 3.1
NOK/JPY Norwegian Kroner vs Japanese Yen 1 1.8 0 0.8 0 0.8
NOK/SEK Norwegian Kroner vs Swedish Krona 1 7.3 0 6.3 0 6.3
NZD/CAD New Zealand Dollar vs Canadian Dollar 1 3.2 0 1.6 0 2.2
NZD/CHF New Zealand Dollar vs Swiss Franc 1 2.6 0 1.4 0 1.6
NZD/JPY New Zealand Dollar vs Japanese Yen 1 1.6 0 0.9 0 0.6
NZD/USD New Zealand Dollar vs United States Dollar 1 1.7 0 0.7 0 0.7
SEK/JPY Swedish Krona vs Japanese Yen 1 1.6 0 0.6 0 0.6
SGD/JPY Singapore Dollar vs Japanese Yen 1 3.7 0 2.7 0 2.7
USD/CZK United States Dollar vs Czech Republic Koruna 1 24.5 0 23.5 0 23.5
USD/DKK United States Dollar vs Danish Kroner 1 1.5 0 0.5 0 0.5
USD/HKD United States Dollar vs Hong Kong Dollar 1 2.9 0 1.9 0 1.9
USD/HUF United States Dollar vs Hungarian Forint 1 54.2 0 53.2 0 53.2
USD/NOK United States Dollar vs Norwegian Kroner 1 25 0 24 0 24
USD/PLN United States Dollar vs Polish Zloty 1 28.8 0 27.8 0 27.8
USD/SEK United States Dollar vs Swedish Krona 1 32.2 0 31.2 0 31.2
USD/SGD United States Dollar vs Singapore Dollar 1 2.5 0 1.2 0 1.5
USD/TRY United States Dollar vs Turkish Lira 1 34 0 33 0 33
USD/ZAR United States Dollar vs South African Rand 1 21 0 20 0 20

View All

Metals - Gold & Silver

Currency Code Currency Pair Spreads (Min) Spreads (AVG)
XAU/USD Gold in Dollar 0.05 0.18
XAU/EUR Gold in Euro 0.07 0.4
XAG/USD Silver in Dollar 0.02 0.01
XAG/EUR Silver in Euro 0.014 0.026
XPT/USD Platinum in Dollar 11.1 14.6
XPD/USD Palladium in Dollar 15 19

Spot Energy Contracts

Currency Code Currency Pair Spreads (Min) Spreads (AVG)
XTIUSD Crude Oil in Dollar 1 0.5
XBRUSD Brent in Dollar 4 4.85
XNGUSD Natural Gas in Dollar 4 4

Soft Commodities

Soft Commodities Spreads (Min)
Sugar 0.06
Coffee 0.9
Corn 1
Wheat 1
Soybean .5
Cotton 0.35
Orange Juice 1
Cocoa 8

CFD’s

Indices are the most popular form of CFDs. We offer a large range of Indices from around the world to choose from, including the Australian S&P 200 Index, UK FTSE 100 Index, US E-mini S&P 500 and US DJIA Index. Indices have the advantage of allowing traders to take a wider view of a basket of stocks rather than taking a view on one individual stock alone. Online CFD and futures based indices are offered on both MetaTrader 4 and cTrader Platforms

The following table shows the best available spread for our selection of global Indices.

Index Reference Spread (points)
AUS200 S&P/ASX 200 Index 1
US30 DJIA Index 1 - 4
US500 E-mini S&P 500 Index 0.4
UK100 FTSE 100 Index 1 - 5
DE30 Xetra DAX Index 1 -8
HK50 Hang Seng Index 8
USTEC E-mini Nasdaq 100 2
F40 CAC 40 Index 1 - 6
STOXX50 Dow Jones EURO STOXX 50 Index 2
IT40 FTSE/MIB Index 8
JP225 Nikkei 225 Index 7 - 8
ES35 IBEX-35 Index 5
US2000 Russell 2000 Index 0.3
CHINA 50 FTSE CHINA 50 13
WIG20 Poland Index 20 2

Please note: This table illustrates the lowest spreads available on these indices available during the opening hours of the trading session in the underlying market. Spreads may we wider when the underlying market is closed or during extended trading hours.

Trade Cryptocurrencies on our MT4 and MT5 platforms

Bitcoin (BTCUSD), Ethereum (ETHUSD), Bitcoin Cash (BCHUSD), Lite Coin (LTCUSD) and Dash Coin (DSHUSD) are now available:

  • Increased opportunities - Go long or short on 5 Cryptos with a single click and get lightning fast order execution.
  • Hassle free – No need for a Cryptocurrency wallet, just log in or open a live or demo account in minutes.
  • Safe & Secure – All our clients’ funds are kept in segregated trust accounts in two AA rated Australian banks.
  • Fully Regulated – IC Markets is licensed and regulated by the ASIC. No need to worry about unregulated cryptocurrency exchanges.
  • A better more sophisticated way to trade Cryptocurrency.

The Cryptocurrency products are traded as CFDs, allowing traders to benefit from Crypto volatility by going both long and short, a feature not available on most cryptocurrency exchanges.

Simply Open and Fund your Account with a minimum of $200 and look for the security type "Cryptocurrency" in your MT4 / MT5 platform.

Cryptocurrency Code Cryptocurrency Pair
BTCUSD Bitcoin / US Dollar
BCHUSD Bitcoin Cash / US Dollar
ETHUSD Etheruem / US Dollar
DSHUSD Dashcoin / US Dollar
LTCUSD Litecoin / US Dollar
Specifications
Stop Level 0 (No minimum Order Distance)
Contract Size 1
Minimum Lot Size 1 Lot (MT4 Volume 1.0 )
Maximum Lot Size 10 Lot (MT4 Volume 10.0)
Minimum Step 1 lot (MT4 Volume 1.0)
Margin Hedge 0
Hedging Allowed Yes
Scalping Allowed Yes
Min Leverage 1:1
Max Leverage 1:20
Margin Call 100%
Stop Out Limit 50%
Margin 5%
Pending orders are good till Cancelled Yes

Unlike other asset classes (FX, Equities, Commodities, etc.), the Cryptocurrency market is dominated by retail speculators. With Cryptocurrencies, you’ll trade in a market where there is no central bank intervention, interbank dealers controlling order flow or giant pension funds moving prices.

Price movements on Cryptocurrencies like Bitcoin or Ethereum are driven primarily by news and prevailing sentiment, i.e. the fear and greed of retail speculators. These sometimes dramatic shifts can lead to massive intraday price swings, making Cryptocurrency an exciting product for aggressive and experienced day traders.

The Cryptocurrency CFD product allows traders to go long or short without actually holding the Cryptocurrency. This means traders can get exposure to the price of the Cryptocurrency without worrying about the security risks associated with storing it and the counterparty risk from the exchange. This is similar to trading Energy Futures such as oil rather than owning physical oil to speculate on its price.

MetaTrader4 Commission Rates

We offer True ECN accounts with spreads from 0.0 pips and a commission charge of $3.50 per 100,000 traded on MT4. Standard account offer spreads from 1 pips with no additional commission charges. Spreads on CFD indices start at 0.4 points. We do not charge any additional fees or commission for CFD trading.

Account Base Currency Micro Lot Commission Standard Lot Commission
(0.01 or 1,000 base currency) (1 or 100,000 base currency)
AUD Account AUD 0.035 AUD 3.50
Australian Dollar (AUD 0.07 round turn) (AUD 7.0 round turn)
USD Account USD 0.035 USD 3.50
US Dollar (USD 0.07 round turn) (USD 7.0 round turn)
EUR Account EUR 0.03 EUR 2.75
Euro (EUR 0.06 round turn) (EUR 5.5 round turn)
GBP Account GBP 0.25 GBP 2.50
Pound Sterling (GBP 0.05 round turn) (GBP 5.0 round turn)
SGD Account SGD 0.045 SGD 4.50
Singapore Dollar (SGD 0.09 round turn) (SGD 9.0 round turn)
JPY Account JPY 3.5 JPY 325
Japanese Yen (JPY 7 round turn) (JPY 650 round turn)
CHF Account CHF 0.035 CHF 3.30
Swiss Franc (CHF 0.07 round turn) (CHF 6.60 round turn)
NZD Account NZD 0.045 NZD 4.50
New Zealand Dollar (NZD 0.09 round turn) (NZD 9.00 round turn)
CAD Account CAD 0.035 CAD 3.50
Canadian Dollar (CAD 0.07 round turn) (CAD 7.0 round turn)
HKD Account HKD 0.27 HKD 27.125
Hong Kong Dollar (HKD 0.5425 round turn) (HKD 54.25 round turn)

cTrader Commission Rates

The commission charged on the cTrader platform is $3 USD per 100,000 USD traded. The USD commission amount is converted to the base currency of an account at the current spot rate. An example of the commission calculation on a cTrader account is below.

  Calculation @ $3 USD per 100,000 USD Commission on 1 lot EURUSD
Opening Price €100,000 x 1.3000 = USD $130,000 x (3 / 100,000) 3.9
Closing Price €100,000 x 1.3100 = USD $131,000 x (3 / 100,000) 3.93
Total Commission on Trade   7.83