FAQ classification
Account opening application
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Why hasn't my account been approved yet?
In some cases,IC Markets Account verification typically takes several minutes to several hours. If you have not yet received our account verification team's email reply regarding the current status of your account application, we suggest that you visitIC MarketsReal time chat support or send email toaccounts@icmarkets.com. Our team will be able to provide you with updates as soon as possible.
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I can IC Markets Do you open a company trading account?
Yes, you can. As part of our Australian anti money laundering requirements, you are required to provide us with proof of your identity. To ensure that your account application is approved, please submit the following documents.
Company Information:
1.Your company's articles of association or a copy of the company's articles of association
2.Proof of company address (not exceeding3Monthly utility bills or bank statements)
3.Photos of at least one directorID
4.Residence certificate of at least one director
5.LEIRegistration Number (Unique identifier of the legal entity used for global identification.)
The following are acceptable forms of photo recognition:
-Valid passport
-Effective governmentIDSuch as driver's license or stateID
-Valid National ID Card
The following are acceptable forms of proof of residence:
-Public utility or telephone bills or bank statements
All residency certificates must be up-to-date and must not exceed180Days.
If you have provided us with your company information, proof of company address, and photos of the directorsIDAnd the director's residence certificate, there is no need to provide us with this information again.
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How can I convert my account to free overnight interest?
Traders of Islamic faith can only apply for Islamic accounts during the registration process. If you have not selected the Islamic account option and wish to convert your account to overnight interest free, please send an email tosupport@icmarkets.comunderstandmore details 。
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Why can't I accept a post office box as residential address information?
Unfortunately, according to our anti money laundering regulations, we do not accept postal box information as a valid residential address.
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What if I am unable to provide the required documents?
Unfortunately, if you fail to provide the requested or other form of documentation, yourIC MarketsAccount applications may be rejected.
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Why have you been refusing my documents?
If the file does not meet the requirements, it will not be accepted. When a document is classified as unacceptable,IC Markets The relevant departments send updates via email and provide clear instructions on the requirements that need to be met.
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How long does validation take?
In some cases, account verification typically takes several minutes to one working day.
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How do I know which regulations apply to my account?
IC MarketsAllow customers to follow ourASICandFSARegister according to regulations, but according to your country/There may be some restrictions in the region. You will be able to see the regulations applicable to your country on the registration page.
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Can I earn interest on the funds deposited into my real trading account?
No,IC MarketsDo not pay interest on the account balance.
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Do you file taxes?
IC Markets Do not declare or deduct any taxes, but you are responsible for reporting any income to the local tax authorities.
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Why do I need to pay commission?
IC MarketsCommission the original price difference account as you can trade at extremely low price differences.