{"id":14244,"date":"2026-09-04T05:14:08","date_gmt":"2026-09-04T05:14:08","guid":{"rendered":"https:\/\/backcom.io\/?p=14244"},"modified":"2026-09-04T05:37:59","modified_gmt":"2026-09-04T05:37:59","slug":"ic-markets-trading-fees","status":"publish","type":"post","link":"https:\/\/backcom.io\/en\/ic-markets-trading-fees","title":{"rendered":"IC Markets Trading Fees: Spread, Commission and Overnight Fees Explained"},"content":{"rendered":"\n\n
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IC Markets is known as one of the tightest-spread Forex brokers, but what you actually pay depends on the account type, the platform and how long you hold. So when you assess IC Markets trading fees<\/strong>, the “spread from 0.0 pips” headline is not the number to judge it by.<\/p>\n\n\n\n

This guide breaks IC Markets trading fees into three layers \u2014 spread, commission and the overnight fee \u2014 and compares every account type to show what a single lot really costs.<\/p>\n\n\n\n

Backcom.io<\/strong> converts commission into pips, works through the cost of 1 lot of EUR\/USD, and pins down exactly when swap is charged in UTC.<\/p>\n\n\n\n

IC Markets Trading Fees by Account Type<\/h2>\n\n\n\n

IC Markets trading fees come from three places: spread<\/strong> is the Bid\u2013Ask gap, commission<\/strong> is a fixed charge on Raw accounts, and swap<\/strong> is the overnight fee when you hold past rollover. Standard charges no commission but quotes a wider spread; Raw Spread starts at 0.0 pips and charges by volume instead.<\/p>\n\n\n\n

Account<\/th>Spread from<\/th>Commission\/lot\/side<\/th>Round turn<\/th>Min deposit<\/th>Platform<\/th><\/tr><\/thead>
Standard<\/td>0.8 pips<\/td>$0<\/td>$0<\/td>$0<\/td>MT4\/MT5<\/td><\/tr>
Raw Spread<\/td>0.0 pips<\/td>$3.5<\/td>$7<\/td>$0<\/td>MT4\/MT5<\/td><\/tr>
Raw Spread cTrader<\/td>0.0 pips<\/td>$3 per 100,000 USD<\/td>about $6 per 100,000 USD<\/td>$0<\/td>cTrader\/TradingView<\/td><\/tr>
Raw Pro<\/td>0.0 pips<\/td>$1.5<\/td>$3<\/td>$5,000<\/td>MT4\/MT5<\/td><\/tr>
Raw Pro+<\/td>0.0 pips<\/td>$1<\/td>$2<\/td>$100,000<\/td>MT4\/MT5<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Raw Pro and Raw Pro+ carry noticeably lower commission but demand far more capital, so they are not realistic options for most retail traders.<\/p>\n\n\n\n

“Spread From” Is Not the Average Spread<\/h3>\n\n\n\n

A quoted 0.0 pips is the lowest<\/em> level that can appear in good liquidity \u2014 not a fixed rate. The US Securities and Exchange Commission defines the bid-ask spread<\/a> as the gap between the best buying and selling price, and that gap moves with the order book. Real spreads move continuously with liquidity, the trading session, the instrument and news flow.<\/p>\n\n\n\n

Compare average spread + commission, not the advertised minimum.<\/strong><\/p>\n\n\n\n

If the mechanics are new to you, start with what forex spread is<\/a>.<\/p>\n\n\n\n

IC Markets Spread: Majors, Gold and Indices<\/h2>\n\n\n\n
\"IC
IC Markets spread across majors, gold and indices<\/figcaption><\/figure>\n\n\n\n

Spread is charged the instant you open a position. On Standard most of the cost is already baked into the spread; Raw Spread quotes rawer pricing and bills commission separately. That is why IC Markets trading fees have to be judged on total cost rather than spread alone.<\/p>\n\n\n\n

Spread on EUR\/USD, GBP\/USD and USD\/JPY<\/h3>\n\n\n\n

Per IC Markets’ published data, EUR\/USD on a Raw account averages around 0.1 pips, with the floor reaching 0.0 pips. Market surveys through 2026 still place IC Markets among the tighter Raw brokers on the majors.<\/p>\n\n\n\n

Pair<\/th>Raw Spread (reference)<\/th>Standard (reference)<\/th><\/tr><\/thead>
EUR\/USD<\/td>about 0.0\u20130.1 pips<\/td>from about 0.8 pips<\/td><\/tr>
GBP\/USD<\/td>varies with the market<\/td>higher than Raw<\/td><\/tr>
USD\/JPY<\/td>varies with the market<\/td>higher than Raw<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Spread is live data. The table illustrates the pricing structure \u2014 it is not a fixed rate.<\/em><\/p>\n\n\n\n

Gold and Index Spreads at IC Markets<\/h3>\n\n\n\n

XAU\/USD is heavily traded, so its spread deserves checking on its own. Unlike EUR\/USD, gold spreads swing hard with liquidity and widen sharply around major US data releases.<\/p>\n\n\n\n

Instrument<\/th>Spread behaviour<\/th>Check before you trade<\/th><\/tr><\/thead>
XAU\/USD<\/td>Floating, widens on US data<\/td>Live spread in Market Watch and Contract Size<\/td><\/tr>
US30<\/td>Tracks US exchange hours; wider outside them<\/td>Tick Size and Tick Value in Specification<\/td><\/tr>
NAS100<\/td>High volatility, usually wider than FX<\/td>Index trading hours and the live spread<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Check the live spread before entering rather than assuming the level you saw in calm conditions still applies.<\/p>\n\n\n\n

When Does the IC Markets Spread Widen?<\/h3>\n\n\n\n
    \n
  1. Thin liquidity:<\/strong> the early Asian session and session handovers push Bid and Ask further apart.<\/li>\n\n\n\n
  2. Major news:<\/strong> NFP, CPI, FOMC rate decisions or unscheduled Fed remarks can blow the spread out within seconds.<\/li>\n\n\n\n
  3. Rollover:<\/strong> the daily changeover usually runs thinner than normal, so spreads widen.<\/li>\n<\/ol>\n\n\n\n

    Cross-reference Forex trading hours in UTC<\/a> to avoid the windows where cost works against you. Tight spreads do not mean IC Markets trading fees are low at every moment of the day.<\/p>\n\n\n\n

    A practical test costs nothing: open the account type you intend to fund, enable the Spread column in Market Watch, and log the reading at four points \u2014 the Asian open, the London session, the London\u2013New York overlap, and the seconds around a scheduled release. The average of those four is your realistic cost. Comparing that against the advertised floor tells you more than any review.<\/p>\n\n\n\n

    IC Markets Commission: Who Pays and How Much per Lot<\/h2>\n\n\n\n

    Commission applies mainly to the Raw family. It is also where new traders most often trip up \u2014 specifically on the difference between per side<\/strong> and round turn<\/strong>.<\/p>\n\n\n\n

    Commission by Platform<\/h3>\n\n\n\n
    Account<\/th>To open<\/th>To close<\/th>Round turn<\/th><\/tr><\/thead>
    Raw Spread MT4\/MT5<\/td>$3.5\/lot<\/td>$3.5\/lot<\/td>$7\/lot<\/td><\/tr>
    Raw cTrader<\/td>about $3 per 100k<\/td>about $3 per 100k<\/td>about $6 per 100k<\/td><\/tr>
    Raw Pro<\/td>$1.5\/lot<\/td>$1.5\/lot<\/td>$3\/lot<\/td><\/tr>
    Raw Pro+<\/td>$1\/lot<\/td>$1\/lot<\/td>$2\/lot<\/td><\/tr>
    Standard<\/td>$0<\/td>$0<\/td>$0<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    The key point: $3.5 is not the total for the trade<\/strong>. On 1 lot of EUR\/USD via Raw Spread MT5 you pay $3.5 to open and $3.5 to close \u2014 $7 round turn. Trade 0.1 lot and it scales down to roughly $0.35 per side, $0.70 round turn.<\/p>\n\n\n\n

    Why cTrader Commission Is Quoted Differently<\/h3>\n\n\n\n

    One detail causes more confusion than any other line in the IC Markets trading fees table: MetaTrader accounts quote commission per lot<\/strong>, while cTrader quotes it per 100,000 USD of notional traded<\/strong>. On a standard EUR\/USD lot those happen to be the same size, because 1 lot is 100,000 units of the base currency.<\/p>\n\n\n\n

    They stop matching the moment the base currency is not USD. Trade 1 lot of GBP\/USD and the notional is 100,000 GBP, worth more than 100,000 USD \u2014 so the cTrader charge scales with the converted value rather than the lot count. Model your own pairs rather than assuming the two schedules are interchangeable.<\/p>\n\n\n\n

    Commission in Pips: Is Raw Really Cheaper Than Standard?<\/h3>\n\n\n\n

    Convert commission into pips to compare fairly. On EUR\/USD, 1 pip on a standard lot is about $10, and Raw Spread MT5 charges $7 round turn:<\/p>\n\n\n\n

    $7 \u00f7 $10 per pip = 0.7 pips \u2192 0.1 pip spread + 0.7 pip commission \u2248 0.8 pips all-in<\/strong><\/p>\n\n\n\n

    Standard charges no commission but starts around 0.8 pips and can run higher. In other words the two land in a similar place under normal conditions \u2014 the difference shows up in how predictable each one is.<\/p>\n\n\n\n

    That predictability is the real argument for Raw. Commission is a fixed, known number per lot, so only the spread portion moves. On Standard the entire cost floats, which means the gap between your modelled cost and your actual cost widens exactly when the market gets difficult. For a strategy running hundreds of trades a month, a cost you can forecast is worth more than one that is occasionally lower.<\/p>\n\n\n\n

    What Does 1 Lot of EUR\/USD Cost?<\/h3>\n\n\n\n
    Account<\/th>Spread shown<\/th>Spread cost<\/th>Commission<\/th>Estimated total<\/th><\/tr><\/thead>
    Standard<\/td>0.8 pips<\/td>~$8<\/td>$0<\/td>~$8<\/td><\/tr>
    Raw MT5<\/td>0.1 pips<\/td>~$1<\/td>$7<\/td>~$8<\/td><\/tr>
    Raw cTrader<\/td>0.1 pips<\/td>~$1<\/td>~$6<\/td>~$7<\/td><\/tr>
    Raw Pro<\/td>0.1 pips<\/td>~$1<\/td>$3<\/td>~$4<\/td><\/tr>
    Raw Pro+<\/td>0.1 pips<\/td>~$1<\/td>$2<\/td>~$3<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    Illustration of the cost structure, not a fixed quote \u2014 spread moves with the market.<\/em><\/p>\n\n\n\n

    Raw Spread suits scalpers, EAs and high-volume traders thanks to the low entry spread and a commission structure that is easy to model. Standard suits anyone who prefers one number to track. To place these figures against the wider market, see the top low-spread Forex brokers<\/a>.<\/p>\n\n\n\n

    IC Markets Overnight Fees: Timing, UTC and Triple Swap<\/h2>\n\n\n\n
    \"IC
    How IC Markets overnight fees are charged<\/figcaption><\/figure>\n\n\n\n

    The overnight fee is the most overlooked part of IC Markets trading fees, especially for anyone holding positions across several days. A strategy with low spread and low commission can still bleed capital if swap accrues night after night.<\/p>\n\n\n\n

    What Swap Is and How It Is Calculated<\/h3>\n\n\n\n

    Swap is the interest credited or charged when a position rolls into the next trading day. In Forex it reflects the interest-rate differential between the two currencies plus the broker’s financing terms, so Swap Long and Swap Short differ \u2014 and one side can be positive.<\/p>\n\n\n\n

    IC Markets displays swap in points on MetaTrader; the platform then converts it into your account’s base currency.<\/p>\n\n\n\n

    Swap payable \u2248 Swap points \u00d7 value per point \u00d7 number of lots \u00d7 nights held<\/strong><\/p>\n\n\n\n

    Do not lift a single swap figure and treat it as permanent \u2014 IC Markets publishes its swap rates<\/a> and adjusts them with market funding conditions.<\/p>\n\n\n\n

    What Time Is Swap Charged?<\/h3>\n\n\n\n

    Rollover is synchronised to the close of the New York trading day, which in UTC terms means:<\/p>\n\n\n\n