IC Markets Rebate Review 2026 — How Much Can You Really Save?
IC Markets is consistently ranked among the top forex brokers globally — and for good reason. Ultra-tight spreads, fast execution, and a solid regulatory framework make it a favorite among scalpers, day traders, and algorithmic traders alike. But there's a way to make IC Markets even more cost-effective: rebates. In this deep-dive review, we'll break down exactly how IC Markets rebates work, how much you can realistically save, and how to set everything up in under two minutes.
How IC Markets Rebates Work
When you open an IC Markets account through an affiliate partner like FxCash, the broker pays us a small commission on every trade you make. Instead of keeping that commission, we share up to 80% of it directly with you. This is called a rebate or cashback — and it's paid on every single trade, regardless of whether the trade is profitable or not.
The rebate is funded entirely by IC Markets' marketing budget. Your spreads, execution speed, and trading conditions remain exactly the same. You're simply redirecting a portion of the broker's existing affiliate commission back into your own pocket.
Raw Spread vs Standard: Which Account Gives Better Rebates?
IC Markets offers three main account types, each with different commission structures and rebate rates:
| Feature | Raw Spread | Standard | cTrader |
|---|---|---|---|
| Spread from | 0.0 pips | 0.6 pips | 0.0 pips |
| Commission | $7.00/lot RT | None (built into spread) | $6.00/lot RT |
| Max Cashback/Lot | $5.60 | $7.20 | $4.80 |
| Effective Cost/Lot | $1.40 | ~$2.80 | $1.20 |
| Best For | Scalpers, algo traders | Beginners, swing traders | Advanced cTrader users |
Key insight: While the Standard account offers a higher per-lot cashback ($7.20 vs $5.60), the Raw Spread account is usually more cost-effective overall because the tighter spreads mean lower total trading costs. A scalper paying $7/lot commission and getting $5.60 back pays just $1.40/lot in effective commission — that's one of the lowest trading costs in the industry.
Real Savings by Trader Type
Let's look at realistic monthly cashback earnings for different trader profiles:
Casual Trader — 10 lots/month
If you're trading part-time, placing a few trades per week on major pairs, you might generate around 10 lots per month. On the Raw Spread account, that's $56/month in cashback — enough to cover your VPS subscription or a nice dinner out. Over a year, you'd accumulate $672 in pure savings.
Active Day Trader — 50 lots/month
A day trader placing 5–15 trades per day across multiple pairs typically generates 40–60 lots per month. At 50 lots on the Raw Spread account, you'd earn $280/month or $3,360/year. That's a 44% reduction in your total commission costs.
Scalper — 200 lots/month
Scalpers are the biggest winners. Trading 200 lots per month (roughly 10 lots per trading day) generates $1,120/month in cashback on the Raw Spread account. That's $13,440 per year — a significant sum that can be reinvested into your trading capital.
Professional / Algo Trader — 1,000 lots/month
High-volume algorithmic traders running multiple EAs across several currency pairs can easily generate 1,000+ lots per month. At that volume, the cashback reaches $5,600/month or $67,200/year. For professional traders, this effectively reduces their commission from $7,000/month to just $1,400/month.
Step-by-Step Setup Guide
Getting IC Markets cashback through FxCash takes less than two minutes:
- Create your free FxCash account — Visit FxCash and sign up with your email address. No documents, no KYC, no deposit required.
- Register or open a new account through FxCash's partner link?
Yes. You can open a new account through FxCash's partner link to FxCash by entering your trading account number in your FxCash dashboard. The process takes under 2 minutes and your cashback starts from the very next trade.
Is there a minimum trading volume to receive IC Markets rebates?
No. FxCash has no minimum volume requirements for IC Markets rebates. Whether you trade 1 lot or 10,000 lots per month, you receive cashback on every single trade. There are no contracts, no fees, and no strings attached.
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