IC Markets Minimum Deposit: The Formal Minimum vs What You Actually Need
IC Markets minimum deposit is from $200. Why that is too little for sane risk, how much you need for your stop and lot size, and how to calculate it in a minute.
The formal minimum
From $200. Account types: Standard, Raw Spread (MT), Raw Spread (cTrader). The minimum is the threshold at which the broker opens an account, not the amount at which trading makes sense.
The real minimum for your risk
Risk 1% per trade, and that 1% must be at least the cost of 0.01 lot at your stop. On EURUSD with a 30-pip stop, 0.01 lot costs $3, so the deposit should be $300 or more. With a 50-pip stop, $500. On a cent account the threshold is a hundred times lower, which is why we point beginners there.
Calculate it for your instrument and stop in the position size calculator.
What else eats a small deposit
Spreads and commissions (Standard from 0.8 pips; Raw from 0.0 + $3.5 per lot per side (MT) or $3 (cTrader)), swaps on held positions, and payment-provider fees. On a $10 deposit one trade can cost a percent of the account before price moves at all.
Where to start small
Cent accounts are available at Vantage and VT Markets from $50.
Frequently asked questions
What is the IC Markets minimum deposit?
From $200 as of the check date; depends on account type and payment method.
How much should I really start with?
Enough that 1% risk per trade is at least the cost of the minimum 0.01 lot at your stop. For EURUSD with a 30-pip stop that is about $300 on a standard account, or any amount on a cent account.
- Min. deposit
- $50
- Spread
- from 1.0 pip (Standard STP)
- Commission
- $3 per lot per side (Raw ECN)
CFDs are complex instruments with a high risk of losing money
- Min. deposit
- $100
- Spread
- from 1.1 pips (Standard STP)
- Commission
- $3 per lot per side (Raw ECN)
CFDs are complex instruments with a high risk of losing money