FAQ classification
All questions
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Why? IC Markets Do not provide any gifts?
Previously, it was usually just a gimmick provided by some foreign exchange brokers as a way to lock in operating profits. As a fully regulated provider of foreign exchange differential contracts, we do not believe that these are our clients' best practices.
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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.
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I can transfer funds from my account to another IC Markets Account holder?
No way.IC Markets No type of third-party transactions are allowed.
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Can I transfer funds between my own accounts?
Yes,Yes. Please operate in your customer zone.
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What withdrawal methods can I use?
Your withdrawal of funds depends on the method used when depositing funds.
If you inject funds into your account through the following methods:
By debit card/Credit card deposit - adopt Visa/Mastercard Direct or bank wire transfer withdrawal
adopt Safecharge 3D-Secure Card deposit - adopt SafeCharge Withdrawal of deposits adopt
3D-Secure Visa / MasterCard Securecode Verified deposits- adopt Visa/Mastercard Direct Or bank wire transfer
Withdrawal adopt Fasapay/Bank transfer/Broker to Broker/Bitcoin deposits - Withdrawal through bank wire transfer（20 AUD Bank Handling Fees)
adopt Neteller deposit - adopt Neteller Withdrawal (free of charge)
adopt Skrill deposit - Withdrawal through Skrill(Free of charge)
adopt Paypal deposit - adopt Paypal Withdrawal (free of charge)
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How long will it take to receive the withdrawal?
If you are in Greenwich Mean Time 01:00(Australian Eastern Standard Time 12:00）We have received your withdrawal request before and will review it on the date of receipt. If you receive your withdrawal request after this time, it will be processed on the next working day. Once processed from us, the arrival time of the funds may vary depending on the method used. Detailed information on this can be found atIC MarketsOfficial websitequery
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Do you process withdrawals on weekends?
Due to the closure of banking institutions in Australia on weekendsIC MarketsUnable to process withdrawals outside of Australian business hours in a timely manner.
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How can I see all my deposit and withdrawal history?
You can use IC Markets The 'Transaction History' option under the 'Finance' section of the secure customer area accesses the deposit and withdrawal transaction history.
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Are there any deposit fees?
All deposits inIC MarketsIt's free here. However, you may need to contact your banking institution to confirm if there are any additional fees applicable to them when using their services.
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Is there a withdrawal fee?
IC MarketsNo additional fees will be charged for withdrawals. For withdrawals through international bank wire transfers, banking institutions will charge transfer wire transfer fees. The international wire transfer fee is approximately20Australian dollars or equivalent currency, which will be deducted from your withdrawal amount. However, you should be aware that,IC MarketsWe will not bear any such banking fees.
