To have the most authentic experience at ICMarkets, please open an account. Once you have an account, you just need to deposit money to start trading. But if you are a new trader, you don’t know how to do it. Please follow the Learn Forex Trading article below for specific instructions on how to set up an account and ICMarkets deposit and withdrawal methods.
Latest instructions for setting up an ICMarkets account
Before entering ICMarkets deposit and withdrawal methods, you need to have an account. Below we have a step-by-step setup for creating an ICMarkets account. Please follow the instructions below to complete the creation of an ICMarkets trading account. If there is anything you do not understand clearly, you can contact Self-study Forex for support. Or you can search for the previous article about setting up an ICMarkets account that we shared on the website.
Step 1: Visit the ICMarkets page
Please visit the homepage of ICMarkets. Select the UK language by clicking the icon at the top of the page. Here, when you first open it, you will see that the language is English. Please select UK again for easier implementation. Just select one and from other visits, the system will automatically switch to the UK.
Step 2: Fill in personal information
Please fill in the information in the statement in order, including Full name, middle name, first name, email, and phone number. Then, press the “Next” button. It is required that this information be entered accurately. After entering, please double-check it once before pressing the next button. Because wrong personal information can lead to a lot of problems later.
Step 3: Add customer information
Select “Personal box” in the account type section. Continue to select the date of birth, address, city, and postal code, and then select the referral code.
Note: you must accurately fill in your information on your citizen identification card, to avoid problems later.
Step 4: Set up a trading account
- Choose a trading platform: you can choose Mt4, Mt5, or Ctrader depending on your usage habits.
- Account type: Select Standard Account and RAW Account. As for the RAW Account, it is an ECN account and will have a commission fee, in return for very low spreads.
- Account currency: You should choose USD.
- Tick and select “Receive Notifications and Special Programs”.
- Click on “NEXT”.
Step 5: Fill in security questions
- Trading experience: You select the “Beginner” box. You can also choose 1 of the 2 remaining boxes. But after completing the above steps, ICMarkets will send you a short test of your practical knowledge.
- Questions and answers Confidential: The questions are available so just choose any question and fill in the answer below. Depending on your preferences and knowledge, just choose the one that is easiest to remember.
- Click on the “ACCEPT STATEMENT AND SEND” button.
Step 6: Verify account with documents
To upload verification documents, click the Browse button and the UPLOAD button.
- The usual documents you can send are a Citizen Identification Card or Passport and a Bank Statement.
- At this time, you should also open the email you previously registered and see what your login password is. Because the first password will be sent by ICMarkets via email, if you don’t find it, you can find it in the Spam section of the email.
See more: Opening and verifying an ICMarkets account
Instructions for depositing and withdrawing money on ICMarkets most accurately
Below are details on how to ICMarkets deposit and withdrawal methods. Please follow and follow the steps below. When doing this, if you press the wrong button or make a mistake, you can go back. To avoid mistakes, just calmly follow the steps as Self-Teach Forex shared below.
How to deposit money on ICMarkets
Step 1. Log in to the ICMarkets client area
The first step in this deposit is as follows:
- You go to the homepage of ICMarkets.
- On the home page, click on “CUSTOMER LOGIN” in the upper right corner of the screen.
Step 2. Start depositing money into your ICMarkets account
On the home page, on the toolbar located right in front of the screen. There are all sorts of categories, let’s look at the 2nd category which is “money transfer”.
- Move your mouse to the “Transfer money” section and then select “Deposit money”.
Step 3. Choose a deposit method
- As you can see, there are many complex ICMarkets deposit and withdrawal methods here. Typically: Visa, MasterCard, PayPal, Neteller, Skrill…
Note: Customers who deposit money into ICMarkets through any portal should withdraw money through that portal. To avoid problems under anti-money laundering regulations. Even if you have no purpose and do not launder money, handling this problem is not simple.
Step 4. Select the bank and deposit account along with the deposit amount
- Next, you choose the bank to use to deposit money. MT4/MT5 account number and fill in the amount to deposit in USD. The ICMarkets system will automatically convert the amount into USD, credited to the MT4/MT5 account.
- Click “CONTINUE”.
Note: The bank account you use for ICMarkets deposit and withdrawal methods must be your main account.
Step 5. Fill in your bank account information
Here you will be redirected to the payment channel.
In the Address section: you fill in the full address you used before to verify your ICMarkets account.
You fill in the card number written on the front of the ATM, full name, and card issuance date along with the security code, then click “PAY”. Enter the authentication code (OTP) that ICMarkets sends to your phone number.
Enter the Security Code then click “PAY”.
Step 6. Complete the deposit
At this point, you will receive a “Payment successful” message. You just need to wait a few seconds, it will redirect to the ICMarkets website and the previously deposited amount will be credited to your MT4/MT5 account. This is also the final step in depositing money to ICMarkets. Wishing you a successful deposit!
How to withdraw money from ICMarkets
To fully understand how ICMarkets deposit and withdrawal methods, here is how to withdraw money. At first glance, it may seem lengthy, but in reality, it is very quick and simple to do. You just need to pay attention and follow each step we show you. Because each step has realistic illustrations, it’s not difficult at all. Let’s do it together:
Step 1. Provide bank account information for deposits and withdrawals on ICMarkets
After logging in to ICMarkets, go to the “Money Transfer” section, and select “Withdrawal details”.
Please fill in additional information about your bank account as follows:
- Withdrawal method: you choose the appropriate bank.
- Account name: Your full name (written without accents)
- Fill in your Account Number, Bank Name, and Bank Branch.
- Then click the “SEND” button and you’re done.
Step 2. Verify bank account to withdraw money
After sending the bank account information. You will need to submit an account statement for bank account verification before you can withdraw money from ICMarkets.
- In the “Documents” section, select “Upload Documents”.
- Scroll down and click the last box to download your bank account statement.
Note: If the account statement only has 1 page, please take a photo and upload that image file. If the statement has many pages, convert all those pages into PDF files and upload them. So when you go to the bank, ask for an account statement. You should choose a short period so the statement will only have 1 page.
Account verification time is about 24-48 hours (Monday – Friday only).
Step 3. Start withdrawing money from the ICMarkets account
- In the “Transfer money” section, select “Withdraw money”.
- Withdrawal method: select “UK Internet Banking”. You will see the UK Internet Banking withdrawal method when ICMarkets has verified your bank account.
- Select “MT4/MT5 Account” and “USD amount” you want to withdraw.
- Click on the “SEND” box.
The steps to withdraw money from ICMarkets have been completed. According to regulations, after a maximum of 48 hours, the withdrawal money will be returned to your bank account (excluding Saturday-Sunday holidays).
Epilogue
Above Learn Forex Trading has shared details on how to set up an account to operate ICMarkets deposit and withdrawal methods. To icmarkets reviews, you can also deposit and withdraw money. Wishing you a successful deposit and withdrawal from the first time.