What Is The Minimum Deposit For IC Markets?
The minimum deposit at IC Markets is generally $200 USD (or equivalent account currency). This applies to all live account types, though some of its offshore entities say no minimum is required. Where required, IC Markets’ $200 minimum deposit is steep – it’s in the top 10% highest starting investments out of the approximate 60 brokers in our directory, with the vast majority having starting deposits of <$100. Beginners may want a low minimum deposit broker.
Written ByChristian Harris
Christian is a seasoned analyst, leveraging his expertise in stocks, forex, and crypto to evaluate brokers worldwide. With hands-on trading experience and a strong focus on risk management, he helps traders find reliable platforms. Christian's work for BrokerListings.com has been cited in the Financial Times.
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Fact Checked ByTobias Robinson
Tobias is committed to helping traders find the right brokerage for their needs. He has tested 200+ brokers, spent 2,600+ hours using different platforms, and placed 2,100+ trades.
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Edited ByJames Barra
James is an experienced broker analyst with a background in financial services. He has spent 2,500+ hours testing brokers, used 35+ different platforms and apps, audited 120+ broker T&Cs, and verified 300+ regulatory licenses.
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Minimum Deposit By IC Markets Entity and Account
Make Full Width| Entity & Regulator | Rec. Min. Deposit | Key Features |
|---|---|---|
| International Capital Markets Pty Ltd (ASIC – Australia) | $200 USD or AUD equivalent | Segregated tier-1 AU bank accounts |
| IC Markets (EU) Ltd (CySEC – Cyprus) | €200 | EU Investor Compensation Fund (ICF) protection |
| Raw Trading Ltd (FSA – Seychelles) | $200 USD (recommended) | Supports crypto deposits (BTC/USDT converted to fiat) |
| IC Markets Ltd (SCB – Bahamas) | $200 USD | Global international entity with high leverage |
| IC Markets (KE) Limited (CMA – Kenya) | $200 USD / KES | Local East Africa branch |
Depositing In Practice: What We Found
- Credit and debit cards (Visa, Mastercard) — instant, no fee
- PayPal, Google Pay, Apple Pay, Skrill, Neteller — instant, no fee from IC Markets (provider fees may apply)
- Bankwire / SWIFT — 2–3 business days; $20 withdrawal fee applies on the way out charged by intermediary banks
- UnionPay — available for Chinese Yuan deposits, processed in USD equivalent
- BPAY (Australia only) — up to 2 business days
- Cryptocurrency (Bitcoin, Ethereum, Tether, and others) — supported on the IC Markets Global (Seychelles) entity. Deposits convert to your account’s fiat base currency on arrival — no crypto balance is held in the trading account itself.
$200 is manageable, but can be tight if you plan to trade standard lots. Risking 1% per trade on a $200 account means a $2 risk limit. At 0.01 lots on EUR/USD, that’s about 20 pips. Micro-lot trading is available on all account types, so the $200 minimum is workable for beginners who use careful position sizing.
You should also think ahead to taking money out of your account. IC Markets has no official minimum withdrawal limit, though withdrawing less than $50 via bank wire is rarely worth it due to intermediary banking fees.
Currency Accounts Available
IC Markets supports 10 base currencies: USD, EUR, GBP, AUD, NZD, CAD, JPY, CHF, HKD, and SGD – more than most brokers we’ve tested.
If you deposit in a non-base currency, your bank or payment provider will convert it. IC Markets does not charge a conversion fee, but exchange rate spreads apply at the time of deposit.
IC Markets deposit area
Regulatory and Leverage Impact On Minimum Deposits
The $200 minimum deposit charged can mean different things depending on which IC Markets entity you join. For example:
- ASIC (Australia) & CySEC (Europe): Leverage is capped at 1:30. On a $200 account, margin requirements will limit traders to 1–2 micro-lots total before running out of free margin.
- FSA (Seychelles) / SCB (Bahamas): Leverage goes up to 1:1000 / 1:500. A $200 deposit gives far more margin flexibility (though much higher risk).