IC Markets Cashback

Cashback IC Markets is an effective way to reduce your trading costs and increase your overall profitability. Whether you’re a beginner or a seasoned trader, earning rebates on every trade you make can significantly improve your long-term returns.

In this guide, Backcom will explain how the IC Markets cashback program works, who is eligible, how to activate it, and how it compares with other rebate options—so you can make the most of every trade.

What is IC Markets Cashback?

IC Markets Cashback is a rebate program that rewards traders by returning a portion of the spread or commission paid during trading. This cashback is provided either directly by IC Markets or through affiliated Introducing Brokers (IBs) and partners.

It functions as a form of cost reduction, enabling traders to enhance their trading profitability over time. Cashback is typically calculated per lot traded and varies depending on the account type and the rebate partner.

Advantages and Disadvantages of IC Markets Cashback Program

Below is a balanced look at the pros and cons of using the IC Markets cashback (rebate) program. 

Advantages

• Lower Trading Costs / Improved Profitability: Cashback rebates reduce your effective cost per trade. When you receive part of the commission or spread back, it means your breakeven point is lower. For traders with high volumes (scalpers, day-traders), this adds up.
• No Change in Trading Conditions: Participating in cashback through a reputable IB or rebate provider doesn’talter your spreads, commissions, or execution. You trade under the same market conditions; the rebate simply returns part of what you already paid.
• Greater Transparency: Many rebate providers offer dashboards or tracking systems that let you monitor how much rebate you’ve earned, when it was credited, and when you can withdraw. This visibility builds trust and lets traders plan.
• Incentive for Consistent / High Volume Trading: Because rebates often scale with volume (lots traded), there is an incentive to trade regularly. This can benefit disciplined traders who plan their trades well.
• Flexibility in Withdrawal and Use: Depending on your IB / rebate provider, you may have several ways to receive the rebate: bank transfer, e-wallets, crypto, or even crediting back into your trading account. This flexibility is helpful.

Disadvantages 

• Eligibility Requirements & Limitations: Not all trades or account types might qualify. Some trades might be excluded (e.g. those closed too quickly), or certain instruments (indices, commodities) may not be eligible for rebate under IC Markets or under specific providers.
• Minimum Withdrawal Thresholds / Delays: Many rebate providers enforce a minimum rebate amount before you can withdraw. Also, processing may be delayed (e.g. monthly or after settlement periods), so you don’t always get immediate access to the cashback.
• Dependency on IB / Rebate Provider Integrity: You must trust the IB / rebate service to properly track, credit, and allow you to withdraw the rebate. If the provider is not transparent or is unreliable, you might lose out or run into disputes.

So how to register for the IC Markets Rebate program. Let’s follow the next part below.

How to Activate IC Markets Rebate?

To activate the IC Markets cashback program:

Choose a Trusted Rebate Provider or IB (Introducing Broker)

Before opening an account, research and select a reputable rebate provider or IB that partners with IC Markets. Look for providers offering:

• Verified rebate rates (e.g., $1.50–$2.50 per lot on Raw accounts)
• Transparent payment terms (weekly or monthly)
• Multiple payout options (PayPal, Skrill, bank transfer, etc.)
• Reliable support and tracking systems

Popular rebate platforms include CashBackForex, PaybackFX, and RebateKingFX.

Register a New IC Markets Account Through the IB’s Referral Link

To be eligible for cashback, you must complete the IC Markets cashback registration by creating your IC Markets account using the specific referral link or partner code provided by the rebate provider. This ensures your account is tracked and associated with the correct IB.

Important: If you already have an IC Markets account that is linked to another IB, you will not be eligible for cashback from a new partner unless relinking is approved by IC Markets.

Verify Your Account and Complete KYC

After registration, submit the required documents (such as ID and proof of address) to verify your IC Markets account. KYC (Know Your Customer) verification is necessary before you can fund your account and begin trading.

Link an Existing Account (If Applicable and Allowed)

If you already have an IC Markets account that is not yet associated with an IB, some cashback providers offer the option to link it to their rebate system. This usually involves:

• Contacting the rebate provider with your IC Markets account number
• Sending a relink request to IC Markets support
• Waiting for confirmation before cashback tracking begins

Fund Your Account and Start Trading

Once your account is linked correctly and verified, deposit funds and begin trading as usual. Your cashback will automatically be calculated based on the trading volume and account type.

Receive Rebates Automatically

Depending on your chosen IB, rebates will be credited:

• Directly to your IC Markets account, or
• To a selected external wallet (e.g., PayPal, Skrill, bank account)

Most IBs offer weekly or monthly payout schedules, with detailed tracking in your rebate dashboard.

Once activated, understanding how your cashback is paid out is essential for managing expectations and tracking your earnings.

How is IC Markets Cashback Paid?

Cashback from IC Markets is typically paid in the following ways, depending on the IC Markets cashback calculation method used by your rebate provider: per lot traded, a percentage of the spread or commission, or a fixed amount based on trading volume.

• Direct to trading account: Some IBs or rebate services pay directly into your IC Markets account balance.
• Via third-party wallets: Rebates may also be sent to PayPal, Skrill, Neteller, or bank accounts, depending on the partner.
• Daily, weekly, or monthly: The payment frequency depends on the rebate provider. Weekly payouts are the most common.

Example: A trader completing 100 lots in a Raw Spread account could receive up to $250 in cashback monthly if the rebate rate is $2.50/lot.

While payouts are generally straightforward, it’s important to be aware of any potential limitations.

How IC Markets Rebate Is Calculated

When you’re looking to truly understand your trading costs and potential savings, knowing how IC Markets rebate is calculated is essential. In this section, I’ll guide you step-by-step through that method, using a clear, educational approach in line with E-E-A-T (Experience, Expertise, Authority, Trustworthiness).

The Basic Formula

At its core, the rebate for IC Markets is calculated like this:

Rebate = Number of lots traded × Rebate rate per lot

• Lots traded refers to the total standard lots (both opening and closing trades) you’ve executed during a given period.
• Rebate rate per lot is the amount (often quoted in USD) that your Introducing Broker (IB) or rebate provider offers for each standard lot.

Depending on whether you use a Raw Spread account or Standard account, the source of that rebate differs slightly:

• Raw Spread account: You pay a direct commission per trade. The rebate typically comes from a portion of that commission.
• Standard account: There’s no explicit commission, as costs are built into the spread. In this case, your rebate is based on the markup that your IB has negotiated within the spread.

Real-Life Examples to Illustrate

Here are sample scenarios drawn (and adapted) from the reference content to ground the method in practice:

• Forex on Raw Spread: You trade 1 standard lot of EUR/USD, pay a commission of $7 per round turn, and your IB offers $1.50 rebate. You’ll get $1.50 in rebate for that lot. If you trade 50 lots in a month, that becomes 50 × $1.50 = $75.
• Metals on Raw Spread (e.g. Gold, XAU/USD): Suppose the commission is the same $7, but your rebate is $1.20 per lot. For 30 lots in a month, your rebate is 30 × $1.20 = $36.
• Standard account, Forex pair (e.g. GBP/USD): The rebate is baked into the spread markup. If your negotiated rebate rate is $2 per lot, you’d simply get $2 for each lot you trade.

These examples show how volume directly translates into rebate — but keep in mind that actual rebate earnings depend on your IB’s negotiated rate, account type, and traded instrument.

Key Variables That Influence the Rebate

To maximize your rebate, be aware of these influencing factors:

• Account Type: Raw Spread vs Standard — which determines whether the rebate comes from commission or spread markup. 
• Trading Instrument: Forex, metals, indices, etc., often have different rebate rates. Typically, forex pairs offer more generous rates due to higher liquidity.
• IB / Rebate Provider Agreement: The rate per lot depends on your profit-sharing agreement with your IB. This is negotiable and varies significantly.
• Trade Volume / Lot Size: More volume = more rebate. Smaller lots proportionally yield less. 
• Qualifying Trades: Some IBs may not count trades closed too quickly, or extreme scalping, toward rebates.
• Account Registration Source: Only accounts registered via an IB or rebate partner are eligible. You can’t retroactively add rebate to a direct account.

By following this guided method, you can both understand how IC Markets rebate is calculated and strategically choose an account structure and IB that help you maximize your rebate earnings — all with clarity and confidence.

How to Withdraw Rebate IC Markets?

Withdrawing your earned rebate (cashback) from IC Markets isn’t automatic in all cases it depends on how your account is registered with an IB or rebate provider, and whether rebate payments are handled internally or externally. Below is a step-by-step guide:

Confirm Your Eligibility & IB Registration

Before you even think of withdrawing, make sure:

• Your trading account is correctly registered under an eligible IB or rebate partner (otherwise you won’t have any rebate to withdraw). 
• You have earned rebate balances that have been credited (some partners delay crediting until daily, weekly, or end-of-period).

If you opened your account directly with IC Markets (without using an IB link or code), you may not be eligible to receive or withdraw rebate funds.

Log Into Your Rebate Dashboard / Wallet

Rebate providers usually maintain a separate “cashback wallet” or user portal where your accrued rebate is held before withdrawal. Steps:

• Access your IB / rebate provider’s site or portal.
• Go to the section labeled “Cashback Balance,” “Wallet,” or “Rebate / Withdrawals.”
• Check your available balance and whether it meets minimum withdrawal thresholds. 

Minimum thresholds differ among partners (often $10–$50, depending on provider).

Select Withdrawal Method

Once you have a valid balance, you’ll choose how you want to receive the rebate. Common methods include:

• Bank wire / bank transfer
• E-wallets like Skrill, Neteller
• PayPal
• Cryptocurrencies (e.g. USDT, BTC)
• Transferring rebate back into your IC Markets account (if provider supports this)

Make sure that your chosen method is supported by your rebate provider and that your account details are verified (e.g. KYC documents, payment accounts in your name). 

Request the Withdrawal

After selecting the method:

• Click “Withdraw Cashback” or equivalent in your rebate portal.
• Enter the amount you wish to withdraw (must be ≤ your available balance and ≥ the minimum).
• Confirm the withdrawal, sometimes after an extra verification step (e.g. entering a One-Time Password, verifying identity).

Wait for Processing & Confirmation

Withdrawal processing times vary by method and provider:

• E-wallets / crypto often fastest (within 24 hours) 
• Bank transfers may take 2–5 business days, depending on region and banking networks
• Some providers impose internal delays (e.g. weekend / non-business days)

You should receive a confirmation (email or portal notification) when your withdrawal is completed.Let’s now examine the conditions or possible drawbacks of IC Markets cashback.

Are There Any Conditions or Drawbacks of IC Markets Cashback?

Yes, there are a few conditions and considerations to keep in mind:

• Rebate eligibility starts after account setup with the IB; past trades do not qualify.
• Minimum trading volumes may be required by some partners before payout.
• Delayed payment risk: With third-party IBs, rebates may be delayed or forfeited if the provider is unreliable.
• No double dipping: You cannot combine cashback from multiple IBs or programs on the same account.

Despite a few conditions, cashback can be highly rewarding. To better appreciate this, let’s explore the key benefits of using IC Markets cashback.

What are the Benefits of IC Markets Cashback?

The key benefits of participating in the IC Markets Cashback program include:

• Reduced trading costs: Cashback helps to offset spreads or commissions, especially for high-frequency or large-volume traders.
• Increased profitability: With lower transaction costs, net trading performance improves over time.
• Automated rebate system: Many partners and IBs offer fully automated cashback processing, making it seamless for traders.
• No impact on spreads or trading conditions: The rebates are offered without changing the raw spread or account execution conditions.
• Available for all trading styles: Whether scalping, day trading, or algorithmic trading, cashback is applied uniformly.

To maximize these benefits, you must also choose the right account. So, which accounts qualify? Let’s break down the account types eligible for IC Markets rebates.

Which Types of Accounts Are Eligible for IC Markets Rebate?

IC Markets offers multiple account types, and cashback eligibility varies:

• Raw Spread Account: Eligible for cashback; rebates are based on the commission charged per lot.
• Standard Account: Also eligible; cashback is typically based on the spread markup.
• cTrader Account: Eligible but may have slightly different rebate calculations due to differing commission structures.

Note: The rebate amount depends on your IB’s rate and your trading volume. For instance, a common rebate rate for Raw accounts is $1.50 to $2.50 per lot round turn.

Eligibility varies by account type and trading model. To put this into perspective, let’s now compare IC Markets cashback with rebate programs from other brokers.

Comparison: IC Markets Cashback vs. Other Rebate Options

Feature	IC Markets Cashback	Other Brokers’ Cashback
Rebate per lot (Raw Account)	$1.50 – $2.50	$0.50 – $2.00
Execution model	ECN / Raw spreads	Varies by broker
Eligible account types	Raw, Standard, cTrader	Often limited
Payment frequency	Weekly or monthly	Monthly (usually)
Partner diversity	Wide network of IBs	Limited or in-house only

IC Markets remains competitive due to its tight spreads, deep liquidity, and strong rebate infrastructure through established partners.

Each broker has its strengths, but IC Markets often stands out—especially when paired with reliable partners. Next, we’ll introduce trusted IBs and partners currently offering competitive cashback rates.

Trusted IC Markets IBs/Partners Offering Rebates

When choosing a rebate partner, reliability and transparency are critical. Some well-known IBs and platforms that offer IC Markets rebates include:

• CashBackForex – Offers up to $2.25/lot for Raw accounts, fast weekly payments.
• PaybackFX – Transparent rebate calculator, multiple payment options.
• RebateKingFX – Offers flexible payout methods, direct-to-wallet payments.
• PipRebate – Known for ease of use and prompt support.

Ensure the IB you choose is officially partnered with IC Markets and displays verified rebate rates with clear terms.

How to Transfer IB to Receive IC Markets Rebate?

If you already have an existing IC Markets account but want to benefit from cashback via a new Introducing Broker, you may need to transfer / relink your IB code. Below is a guide:

Check if Your Account Is Eligible for IB Change

Before proceeding, confirm:

• Your current IC Markets account is not already locked to another IB in a way that prevents relinking.
• The new IB you wish to transfer to is an official partner with rebate privileges for IC Markets.
• The rebate provider or IB accepts request to link an existing account, not only new accounts.
• You are compliant with KYC / verification procedures (sometimes required before IB changes).

According to Backcom, not all IC Markets accounts can be switched to a rebate-eligible IB — some may have restrictions.

Contact the New IB / Cashback Provider

Once you choose a new IB or rebate provider:

• Send them a request to relink your current IC Markets account under their IB code.
• Provide necessary details: your IC Markets account number (login ID), server name, and registered email.
• The IB partner typically submits a request on your behalf to IC Markets or through their internal onboarding portal.
• Confirm that the IB will monitor your account’s trades and correctly credit rebates going forward.

Backcom refers to this step as the “Link an Existing Account” option if allowed.

Submit a Formal Relink / Change IB Request

In many cases, you or the IB must coordinate with IC Markets to officially change the IB association:

• Send a support ticket or email to IC Markets Support asking for IB code reassignment.
• Include proof/confirmation from the new IB, your current account details, and reason for change.
• Be clear that you want the new IB to receive commission / rebate attribution going forward.
• Wait for IC Markets to approve or respond to your request — processing time may vary.

Backcom mentions that past trades will not be retroactively credited once IB is switched.

Wait for Confirmation & Monitor Rebate Attribution

Once your IB change is approved:

• You should receive confirmation (by email or from IB portal) that your account is now linked to the new IB.
• The new IB will begin tracking rebates on trades made after the change.
• Use the rebate provider’s dashboard to verify that future trades are correctly credited under your new IB code.
• Make a small test trade to ensure rebates are flowing under the new IB relationship.

Choosing a reputable IB ensures transparency and steady rewards. Still have questions? Let’s wrap up with answers to the most frequently asked questions about IC Markets cashback.

FAQ – Frequently Asked Questions about IC Markets Cashback

Q1: Can I get cashback on an existing IC Markets account?

• A: Only if your account is not currently linked to any IB. You’ll need to request relinking via IC Markets support and your chosen IB.

Q2: Do cashback programs change my trading conditions?

• A: No. You trade under the same spreads, commissions, and execution speeds. Cashback is a separate rebate after trading.

Q3: Is cashback taxable?

• A: This depends on your local tax regulations. In some jurisdictions, cashback may be considered taxable income.

Q4: What happens if I stop trading?

• A: Cashback is only generated from active trades. If you stop trading, no rebate is accrued.

Q5: Can I combine IC Markets cashback with other promotions?

• A: Generally, cashback cannot be stacked with other bonus or rebate offers unless specified.

Conclusion

The IC Markets Cashback program is a powerful tool for reducing trading costs and maximizing profits, especially for high-volume traders. By understanding the rebate structure, choosing a trusted IB, and fulfilling eligibility requirements, traders can significantly improve their cost-efficiency without altering their trading strategy. Always verify the terms with your rebate provider before signing up to ensure a smooth forex cashback experience. Join now and make every lot count with IC Markets cashback!

Post Date: 30/06/2025